Financial Health Check Classes for Farmers and Ranchers

Financial Health Check Classes for Farmers and Ranchers October 5, 2016

Are you ready to renew your farm or ranch operating note? Learn about preparing the information your lenders need and how to develop a solid financial recordkeeping system at a Financial Health Check program this fall in Scottsbluff.

This program consists of three two-hour classes designed to help women develop a financial plan for their farm or ranch during this period of low income. Upon completion of this six-hour program, participants will have a better understanding of how financial records can be used to make management decisions and confidently discuss their financial position with their family, business partners, and lenders.

Topics will include:

  • Basics of balance sheet construction and analysis
  • Cash flow and keeping farm-ranch financial records
  • Income statements for measuring profitability

The class is limited to 12 participants. The cost to attend all three classes is $20. Classes will be held Oct. 20, Oct. 27, and Nov. 3 from 5:30-7:30 p.m. at the Panhandle Research and Extension Center in the Platte River Room. To register contact Jessica Groskopf at 308-632-1247 or jgroskopf2@unl.edu.

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