WASHINGTON — Beginning farmers and anyone else considering farming in the northeast have a new tool for one of agriculture’s most daunting tasks — crunching the numbers.
The National Center for Appropriate Technology (NCAT), with funding from the USDA Risk Management Agency (RMA), has just posted a new webinar that can smooth the road for anyone who is beginning a journey in agriculture and wants to get comfortable with handling finances.
The webinar, Farm Finances: Organizing and Understanding Your Numbers, is available now at https://attra.ncat.org/webinars/.
As with any small business, starting a farm requires basic accounting and business-management skills. This webinar helps beginning farmers become familiar with necessary basic accounting techniques and gives them tips on organizing and understanding their numbers.
The topics in the webinar provide a solid overview.
They include:
Clarifying your goals and attaining them.
Determining which resources are necessary for farming. Do you have them?
Organizing your data. What can your numbers teach you?