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Wednesday, January 15, 2020 @ 9:00 am - 4:00 pm
An event every week that begins at 9:00 am on Wednesday, repeating until Wednesday, January 29, 2020
FarmSense is a four session workshop that teaches farmers how to understand financial statements such as the cash flow statement, the balance sheet, and the income statement.
- Wed., Jan. 8, 2020 (9:00 AM – 4:00 PM)
Wed., Jan. 15, 2020 (9:00 AM – 4:00 PM)
Wed., Jan. 22, 2020 (9:00 AM – 4:00 PM)
Wed., Jan. 29, 2020 (9:00 AM – 4:00 PM)
- Penn State Extension Somerset County
6024 Glades Pike, Ste. 101
Somerset, PA 15501
Course participants will learn how to organize and use financial records to make informed financial and production decisions. The concepts covered promote better internal decisions for farm management and stronger relationships with external partners, such as farm lenders.
- Cash Management
- Net Worth
- Profit & Loss
- Budgeting & Scenarios
- Managing for Farm Disasters
- Production Planning
Who should attend?
All agricultural businesses including: Livestock, Dairy, Crops, Horticulture (including Orchards, Greenhouses, and Vegetable Operations), and Diversified Farms Producing Multiple Items can benefit from FarmSense.
Preregistration is required. All those attending must register. Walk-ins will not be accepted.
Visit the course listing to find additional dates and locations for this short course: http://extension.psu.edu/farmsense.