Planning for Profit Online Course is Filling Up Fast!

Holistic Management has gained traction globally as a powerful tool to help farmers make good financial, ecological, and quality-of-life decisions. Holistic Financial Planningis one planning processes under the Holistic Management umbrella, and farmers use it to proactively plan for profit, while investing strategically in their farms and reducing stress. You can learn and apply this process to your farm by taking a 6-week online course this winter with the Cornell Small Farms Program – BF 203: Holistic Financial Planning: Building Profit into the Picture. 
“The Holistic Management Framework–sorting expenses, planning for profit, and identifying logjams and weak links–has provided the biggest insights for me. I’m pretty good with numbers and spreadsheets, but the course gave me tools to think about the numbers and understand what they are telling me.”
-farmer participant from 2012 BF 203 course
If you complete the course you will:

  • Have a written statement of your family’s values and vision and know how to use it to guide financial and overall farm decision-making
  • Have a written Annual Financial Plan mapping out your planned profit, income streams, and expenses (this plan doubles as a cash-flow statement in your business plan and is one of the main documents a lender will want to see)
  • Understand that all expenses are not created equally, and now how to prioritize and cut them
  • Know how to monitor your plan so that you can correct your course when you start to go off-plan

While helpful, no prior experience with Holistic Management is required!

The course runs Tues. Jan. 14 – Feb 18, with webinars once weekly on Tues. evenings from 6:30-8:00 PM EST. The cost is $200, and multiple people from the same farm may participate without paying extra.
Visit http://nebeginningfarmers.org/online-courses/all-courses/ for a list of more available online courses.

Avatar of Rachel Whiteheart

Rachel Whiteheart

Posted in

Leave a Comment