Student Learning Outcomes
This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data will enhance the reliability of the farm plan. The comprehensive farm plan will integrate historical trends, farm and personal goals, financial and enterprise performance of the farm business.Student Learning Outcomes
- Incorporate a farm risk management plan
- Develop farm business exit strategies
- Develop an investment plan for retirement
- Develop enterprise budgets by using trend data
- Compare long-range farm business plan options
- Review farm business, family, and personal goals
- Review financial plans as required by farm business needs
- Develop a farm business needs assessment by investigating trend data
- Analyze income statements
- Identify individual enterprise performance
- Incorporate individual enterprise performance into the farm business
- Modify farm business plan based on enterprise performance
Prerequisites
Please see eServices for section availability and current pre-req/test score requirements for this course.