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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Word of the Year - Resonate

So back to the “Word of the Year”…and our list of 4:
 
Advocate
Educate
Resonate
Activate
 
We’ve covered Advocate (you can read that post here) and Educate (here)…
 
Now we’re on to Resonate.  As we advocate for agriculture, and help other to do the same, and as we work to educate people about agriculture, and about different practices in agriculture, resonate is always top of mind. 
 
Why?
 
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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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Word of the Year - Educate

We shared about the “Word of the Year” concept last week, which is essentially replacing New Year’s resolutions with a single word to focus on for the year.  And we tried, we really did, to narrow it down for the Knowledge Center…but only managed to get down to a list of 4 – there is just so much that we do (and we love!).  Those were:
 
Advocate
Educate
Resonate
Activate
 
Last week was advocate - up next – Educate.
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Word of The Year - Advocate

Have you heard of the “Word of the Year”?  It’s a concept that has been replacing New Year’s resolutions for some people in recent years.  The thought is, rather than making a list of resolutions that may be challenging to keep, you pick one word to focus on for the year.  That word is supposed to help drive your intentions, your actions and your thoughts for the year.  It’s an interesting concept, and a pretty neat one if you are someone who has a hard time with a long list of “things to do better”. 
 
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