Understanding the Farm Business Balance Sheet, Part 1

The first primary financial management report often created for the farm business is the Balance Sheet. It is a report of the farm business’s financial position (strength) at a point of time.  It provides insight of farm liquidity and solvency .  In the Financial Management Factsheet Understanding the Farm Business Balance Factsheet Part 1, UW-Extension Taylor County Agriculture Educator Sandy Stuttgen discusses the concept and structure of the balance sheet.

Understanding the Farm Business Balance Factsheet Part 1 is one factsheet in the Financial Management Factsheet series designed to help individuals understand the basic principles of financial record keeping.  Additional factsheets in the series include:

For more information regarding farm business management, please visit UW-Extension Dairy Team Financial Management or UW Center for Dairy Profitability.

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