How Profitable Will My New Orchard Investment Be? 1-day, hands-on skills class in the Capital District
Event Details
Date
January 17, 2023
Time
9:00-4:00
Location
CCE Saratoga County
50 W High St
Ballston Spa, NY
Cost
Early Bird Registration - Sign up before January 10th : $20.00
(addl attendee $20.00 ea.)
Sign up by January 10th and save!
Registration : $25.00
(addl attendee $25.00 ea.)
Host
Eastern New York Commercial HorticultureThe Eastern NY Commercial Hort Team and Lake Ontario Fruit Team are offering a 1-day, hands-on course for tree fruit farms on using farm financial information and other resources to make decisions about long-term investments or changes to their business. We will apply the techniques covered in the 8-part webinar series in December to scenarios using sample financial data from fruit farms in NYS. You will work with others in a group through a series of problems and leave with a better sense of how you can organize and interpret your own financial information to make better long-term investment decisions about your farm business.
Topics to be covered will include:
- How to use your financial records to evaluate your farm's performance
- Using Excel for analysis
- How to develop enterprise budgets and use tools like cost allocation, sensitivity analysis, net present value and payback period to assess the viability of a long-term change.
Everyone will leave with a resource book and template excel forms
If you missed the December sessions, they will be available on-line to review prior to the class.
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