08/28/2024
If you're anything like some of the farmers and ranchers on our NCAT staff, phrases like "enterprise budget" and "debt-to-asset ratio" and "cash flow" might make you run for the fields (literally). The business side of farming is not what drew us to the profession in the first place - we love to be outside, not on a computer entering receipts!
We know there are exceptions, and we know MANY business-savvy farmers out there! We also know that, for some, dealing with things like spreadsheets and profit-and-loss statements is a total drag. But it really is important to keep your farm or ranch financially sustainable. This week we are going to share resources to help beginning and experienced farmers alike get a handle on their operation's finances.
The ATTRA publication, "Planning for Profit in Sustainable Farming," covers many things you should consider to make sure your books are in the black.
And remember: if you would ever like one-on-one support, we have staff with agribusiness experience here to help! You can call the ATTRA line at 1-800-346-9140 Monday through Friday, or email us at [email protected].
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