Money & Markets:Working with your Lender

You don’t have to borrow money to start your business, but borrowing money can get you to your dream of a farm much faster than waiting to save up the necessary cash. That means you need to develop a good relationship with an agricultural lender. A relationship with your lender can be an important asset […]

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Money & Markets: Developing Your Farm’s Marketing Plan

One of the challenges that direct marketing farmers face is determining the target market. What does your customer look like?  Where do they live? And probably most importantly and the most difficult to answer is… What do they want? While there are examples of “If you grow it, they will come”, most farmers have to […]

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Money & Markets: Budgets and Budgeting Enterprise Budgets

Enterprise budgets are an important tool for planning and for ongoing farm financial management. While many producers develop their own budgets, some producers choose to start with existing budgets and adjust them for their own enterprises. These budgets represent only one set of many possible cultural and management practices, and they do not account for […]

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