Taking Charge of Your Finances: How to Survive and Thrive

We are hosting a workshop, out on by the University of MN Extention, “Taking Charge of YOUR Finances: How to Survive and Thrive

Program Overview

This short course will use an interactive and fun approach to teach participants how to organize and use financial records; develop and analyze financial statements; and make informed decisions regarding finances and production. Producer teams will act as loan review committees and and learn about these concepts as they review a case study farm.  The concepts covered promote better internal decisions for farm management and stronger relationships with external partners, such as farm lenders.  The doors will open at 9:00 AM with the class starting at 9:30 AM and will conclude around 3:00 PM.

Class Date: April 3rd, 2018
Location: 1004 Shamrock Ln, Albany, MN 56307

Learning Objectives

  • Understand components and use of Balance Sheet (including related key ratios).
  • Understand components and use of Income Statement (including related key ratios).
  • Understand components and use of Cash Flow (including related key ratios).
  • Organize and utilize Farm Financial Records.
  • Greater understanding of financial tools to make better internal management and financing decisions.

For more detailed information on the course click Two Page Summary – Financial Management.

Please register with Patti Schaefer at 320-221-6383 or pschaefer@firstdistrict.com by March 30th.

We need at a minimum 10 people to host this learning session, so it is important that you let us know ahead of time if you are interested in attending.