January 12, 19 & 26, 2021
Online via Zoom
All programs 12:30 PM-1:30 PM EST
Cost: $5 per program, includes a link to the recorded webinar if you cannot join the program live.
See the link for each program for more information and to register.
Cornell Cooperative Extension ag business educators offer short, farm financial education programs this winter. This series is supported by ag business management specialists from the following Cornell Cooperative Extension and Cornell University programs: the Capital Area Agriculture and Horticulture Program, the Central New York Dairy, Livestock & Field Crops Team, the Eastern NY Commercial Horticulture Program, and NY FarmNet.
January 12, 2021, Assessing and Using Credit in Your Agricultural Business
Dayton Maxwell, Jr. Capital District Horticulture Team
For more information and to register: https://enych.cce.cornell.edu/event.php?id=1488
Not all debt is created equal. Some loans leverage other people’s money to help you make money. Some loans just dig you further in a hole. Can you tell the difference? Join CCE CAAHP Ag Business Educator, Dayton Maxwell, for a one-hour program, Assessing and Using Credit in Your Agricultural Business. Dayton is a former Farm Credit East loan officer and now serves as the Farm Business Management specialist for the Capital Area Agriculture and Horticulture Program. He will provide insight into how lenders look at borrowers; what you, as a borrower, should look for in a loan, and how to position yourself to get good loans that can help you grow your business.
January 19, 2021, Knowing Input Costs to Maximize Profits
Nicole Tommell, Central NY Dairy and Field Crops and Gabe Gurley, FarmNet
For more information and to register: https://enych.cce.cornell.edu/event.php?id=1490
Although "it takes money to make money", not all your business’ expenses create value. On the other hand, underinvestment in your business, including cutting costs that undermine the quality of your product or market; that are detrimental to safety, your quality of life or your values, can shoot you in the foot in the long run. Knowing how to assess where to cut expenses to enhance profitability is an art form. Join CCE Central New York Dairy, Livestock & Field Crops Ag Business Educator, Nicole Tommell and NY FarmNet Business Specialist Gabe Gurley, for a one-hour program Knowing Input Costs to Maximize Profits.
January 26, 2021, Cash Flow Management and the Annual Operating Cycle
Elizabeth Higgins, Eastern NY Commercial Horticulture Team
For more information and to register: https://enych.cce.cornell.edu/event.php?id=1491
"If your business is a body, cash is the oxygen." Without a constant influx of cash, no business can stay afloat, no matter how solid its starting idea or willing its market. Does your farm business have enough cash coming in to pay your bills and cover your daily operating expenses? Can you access affordable cash through other means to keep the business afloat during those times of the year when you don't have a crop coming in or a product to sell? Join CCE ENYCH Ag Business Educator, Elizabeth Higgins, to learn some tips and strategies for Cash Flow Management and the Annual Operating Cycle.
Last updated December 21, 2020