03/29/2023
Taking Charge of YOUR Finances: How to Survive and Thrive to be Offered Lamberton, Minnesota
April 6, 2023, 10:00am to 3:00pm
“Taking Charge of YOUR Finances: How to Survive and Thrive”, a financial management workshop, will be taught. Dave Bau and Nathan Hulinsky, Extension Educators, will teach the sessions offered across Minnesota.
This short course will use an interactive and fun approach to teach participants how to organize and use financial records; develop and analyze financial statements; and make informed decisions regarding finances and production. Producer teams will act as loan review committees and learn about these concepts as they review a case study farm. The concepts covered promote better internal decisions for farm management and stronger relationships with external partners, such as farm lenders. The participants will learn the components of a balance sheet, income statement, cash flow, and the importance of records.
“Higher input prices for 2023 could lead to much tighter margins for agriculture. Producers who have a strong handle on farm finances will be better able to react to these margins” Garen Paulson with the Southwest Minnesota Farm Business Management Association.
Doors open at 9:30 AM with the class starting at 10:00 AM and go until 3:00 PM. Lunch will be provided. April 6 at the Southwest Research and Outreach Center, Lamberton MN. Attendance is free and each participant will receive a binder full of handouts and resources to take home. The Southwest Minnesota Farm Business Management Association is pleased to sponsor this event. Registration is required for an accurate headcount by March 31.
The event is free to attend but pre-register is required. Please use this link:
Please sign up and register. This will help us to with an attendance count for meals. The event is free to attend. This 5 hour program will cover balance sheet, income statement, cash flow and record keeping. Doors Open at 9:30 and the program will begin at 10:00.
