Knowledge Center Blog

Welcome to the Farm Credit Knowledge Center Blog!  This blog is a combination of posts from industry experts, Knowledge Center staff and guest contributors covering all aspects of agriculture and life in the country.  We want you to participate in this blog, sharing your thoughts and comments about the topics posted here.

Posts

Cash Flows, Budgets, Income Statements - Oh My!

Has a lender or investor ever asked you for your financial sheets and made you pause, search your memory, and really wished you had paid better attention in your business or finance class in college or high school, because you have no recollection on how to get those together? Or have you ever looked through your receipts from the last year, quarter or few months and wonder why you’re not making more money but struggle to correctly fill out a cash flow statement or balance sheet (or may not even be sure what those are)?
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Congratulations Graduates!

Countless hours.
Dozens of pages and multiple versions of a business plan.
10 Modules.
5 Months.
2 days.
1 major accomplishment.
 
These sum up the activities of our most recent Ag Biz Planner Program graduates in a nutshell, but do not touch the actual value and accomplishments of this program. 
 
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Tying Up Loose Ends

As New Year’s Day approaches, hopefully you are facing a slow-down in your typical hectic work schedule on the farm.  There’s not as much work to do with your crops; you’re probably between breeding and calving/lambing seasons; and, okay, you dairy farmers just keep on keeping on.  Bless all of you for providing the rest of us with food, fiber, energy, and entertainment!

While there’s no argument that you deserve a break this time of year, I would like to give you a few pieces of advice that will make your life easier (and hopefully better) in the upcoming year:
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Three Business Planning Tips to Start the New Year Right

As the New Year draws closer, it is a perfect time to start planning for what is to come. For many agricultural businesses, harvest has passed and winter provides some time to spend indoors working on plans for the next growing season. Here are three areas to think about as you make your business plans for next year...
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I Want To Build My Own Home - Where Do I Start??

Recently purchased land?  Looking at buying land?  Planning on building your dream home there?  Congratulations!  Building your own home is an exciting time...but it can also be challenging.  There are many different details that go into building a home, could you use a little help navigating?
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