LOCATION: Luna Theater Mill No. 5, 250 Jackson St #402, Lowell, MA 01852
COST: $15
Snow Date: January 19
Making It Happen: Profitability and Success will help small farmers build sound financial systems and use those systems to make business decisions. Farmers will learn about effective financial management tools and how and when to use them to improve their farm business. The workshop will help farmers: improve productivity, reduce costs, increase net farm income, and improve overall quality of life. Participants may also sign up for one-on-one financial planning assistance (see Ask the Experts below). Presenters are Benneth Phelps of The Carrot Project and Noelle Fogg of New Entry Sustainable Farming Project.
Lunch will be provided!
Workshop Prerequisite:
Participants should have an understanding of basic farm accounting and three financial statements: the cash flow statement, profit and loss statement, and balance sheet.
Prerequisites may be filled by viewing The Carrot Project’s webinars “Basic Accounting for Farmers I and II at: www.thecarrotproject.org/farmer_resources/past_webinars
Ask the Experts:
Ask the Experts is a time to sit down with specialists after the day's workshop to work on financial planning critical to your farm's success. Meet 1-on-1 with workshop presenters Noelle Fogg or Benneth Phelps. Meetings are spent reviewing year end financials, cash flow budgets or business plans, evaluation farm financing options, decision making around financing or other financial management challenges. Please specifythe type of questions you have so that we can make sure we pair you with the right consultant. Send your questions for the session or documents you would like reviewed when you sign up with Noelle Fogg at noelle.fogg@tufts.edu. Sessions will last 30 minutes each.