Farm Financial Management Tuesdays - Planning for a Change or Exiting Your Farm Business
Cornell Cooperative Extension Farm Business Management Educators are offering a series of short, farm financial education programs for farms that are facing financial stress or who are considering making a change to a different venture or exiting farming in response to the economics of their current operation.
Each program runs from 12:30 to 1:45pm for $10 per person and includes a link to the recorded webinar if the participant cannot join the live program.
Event Details
Date
November 30, 2021
Time
12:30-1:45
Location
Zoom
Cost
Registration : $10.00
Host
CCE Financial Management Educators
Elizabeth Higgins
(518) 949-3722
email Elizabeth Higgins
Assessing the Financial Ramifications of and Options for Significant Change to Your Farm Business
The inflationary economy is upon us! The huge influx of money into the US economy following the COVID-19 pandemic has manufactured high prices and in turn increased operating costs for farm business thus forcing many businesses into net operating loss situations. Other farms are facing high labor costs or chronic labor shortages. Some farms have taken on debt loads that make these increased costs unaffordable. Depending on the stage in the business lifecycle, it may make sense to change enterprises or exit the farming business entirely.
Join CCE ENYCH Ag Business Educator, Elizabeth Higgins, and CAAHP Ag Business Educator, Dayton Maxwell, for a one-hour program to learn about the financial aspects of changing or exiting a farm business.
$10 per person. To register: https://caahp.ccext.net/civicrm/event/info?reset=1&id=144
Registration includes a link to the recorded webinar if the participant cannot join the live program.
Event Details
Date
December 7, 2021
Time
12:30-1:45pm
Location
Zoom
Cost
Registration : $10.00
Host
CCE Financial Management Educators
Elizabeth Higgins
(518) 949-3722
email Elizabeth Higgins
The Family and Emotional Component; Shifting Business Direction and Life After Farming
As farm business enterprises are changed or disbanded, the emotional stress can be tremendous, especially when individuals and family members maintain diminished assurance relative to future security.
Join Gabriel Gurley and Brenda O'Brien of New York FarmNet for a one-hour program focused on successfully navigating the emotional turmoil of a family farm business transition.
$10 per person. To register: https://caahp.ccext.net/civicrm/event/info?reset=1&id=145
Registration includes a link to the recorded webinar if the participant cannot join the live program.
Event Details
Date
December 14, 2021
Time
12:30-1:45pm
Location
Zoom
Cost
Registration : $10.00
Host
CCE Financial Management Educators
Elizabeth Higgins
(518) 949-3722
email Elizabeth Higgins
New Venture Creation; Shifting Business Direction and Life After Farming
Change creates opportunity and new opportunities are certain when farm businesses change or end.
Join Gabriel Gurley of New York FarmNet for a one-hour overview of identifying ways and means to capitalize on new opportunities resulting from farm business transitions.
$10 per person. To register: https://caahp.ccext.net/civicrm/event/info?reset=1&id=146
Registration includes a link to the recorded webinar if the participant cannot join the live program.
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Upcoming Events
SAVE THE DATES
December 13 - December 15, 2022February 2 - February 8, 2023February 21 - February 23, 2023
Save the Dates for the following Winter Meetings:
- NOFA NY Virtual Winter Conference, February 2-5, 2023
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How Profitable Will My New Orchard Investment Be? 1-day, hands-on skills class in the Hudson Valley
February 7, 2023
Highland, NY
The Eastern NY Commercial Hort Team and the Lake Ontario Fruit Team are offering a 1-day, hands-on course for tree fruit farms on using farm financial information and other resources to make decisions about long-term investments or changes to their business. We will apply the techniques covered in the 8-part webinar series in December to scenarios using sample financial data from fruit farms in NYS. You will work with others in a group through a series of problems and leave with a better sense of how you can organize and interpret your own financial information to make better long-term investment decisions about your farm business. THIS SESSION IS AT THE CORNELL HUDSON VALLEY LAB
How Profitable Will My New Orchard Investment Be? 1-day, hands-on skills class in Northern NY
February 9, 2023
Plattsburgh, NY
The Eastern NY Commercial Hort Team and the Lake Ontario Fruit Team are offering a 1-day, hands-on course for tree fruit farms on using farm financial information and other resources to make decisions about long-term investments or changes to their business. We will apply the techniques covered in the 8-part webinar series in December to scenarios using sample financial data from fruit farms in NYS. You will work with others in a group through a series of problems and leave with a better sense of how you can organize and interpret your own financial information to make better long-term investment decisions about your farm business. THIS SESSION IS AT THE CCE CLINTON COUNTY OFFICE