Student Learning Outcomes
This course is the culmination of activities designed to enable the student to develop and implement a comprehensive farm business strategic plan. The student will use the components of the Farm Business Management Program to develop and support a strategic plan.Student Learning Outcomes
- Evaluate strategic opportunities for current and new enterprises
- Evaluate business structure and ownership opportunities (i.e. LLC, Partnerships, S or C corp., including new partners or transfer to new potential owners)
- Create accurate enterprise budgets
- Evaluate financial ratios
- Prioritize strategies to improve enterprise trend direction
- Formulate strategies to improve new and existing enterprise trend directions
- Assess a farm business risk management plan
- Evaluate emerging technologies
- Inventory existing technologies utilized within the farm business
- Prioritize future technology needs
- Evaluate benchmark trends
- Develop a strategic farm business management plan
Prerequisites
Please see eServices for section availability and current pre-req/test score requirements for this course.