Workshop scheduled Feb. 28 at Sidney
Farmers and ranchers who are ready to renew their operating note can learn about preparing the information lenders need and how to develop a solid financial record keeping system at a Financial Health Check workshop scheduled for Feb. 28 at Sidney.
A Scottsbluff workshop planned for Feb. 16 has been canceled for lack of registrations.
The Sidney workshop will run from 9 a.m.-12:30 p.m. at the South Platte Natural Resources District Office Conference Room; to register call Karen DeBoer 308-254-4455
These workshop is designed to help farmers and ranchers develop a financial plan for their operation during this period of low income. Upon completion of this 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 covered include:
- Basics of balance sheet construction and analysis
- Cash flow and keeping farm-ranch financial records
- Income statements for measuring profitability
The cost to attend is $20 per person. Workshops are limited to 20 participants.