Financial Foundations for Farms

Establish a solid financial foundation for your farm or value-added agriculture business at FFI's fundamental training, Financial Foundations for Farms.

In this training, expert-led instruction, tools, and coaching combine to help you develop your marketing and financial management skills, while also honing in on your market positioning and pathways to profitability.

While particularly valuable for farms and value-added operations in their first five years of business, all can benefit from this fundamental training. Financial Foundations consists of three live virtual group sessions, as well as one 50-minute one-on-one consulting session with FFI's Farm Program Manager, Andy Larson.

Financial Foundations group sessions take place virtually on July15, 22, and 29 from 4-6PM Central Time. One-on-one consulting is scheduled separately at a time convenient for the instructor and participant.

What You'll Learn

Session 1: Value Proposition

Are you selling what they're trying to buy? Define your target customers and explore the benefits you provide to them. Understand your competitors and delineate how you stand out. Walk away with a one-page concept paper that summarizes your business model.

Session 2: Pathways to Profitability

Understand the profitability of your fundamental business model by calculating cost of production and gross profit margin. Figure out how to price products and determine break-even. Walk away with an enterprise budget that can guide your growth.

Session 3: Why Financial Statements Matter

You don't have to be an accountant to have an accurate, professional balance sheet and income statement, or to understand the story they tell. Calculate important metrics of liquidity and profitability. Walk away with straightforward templates you can use.

Private Consulting

You will receive one 50-minute private consulting sessions with Andy Larson. In this session, you’ll work one-on-one with Andy, receiving expert consultation that is specific to your business’s finance needs and goals in a confidential setting.

In order to increase access to our paid trainings, we offer limited scholarships that covers training costs for those who are pre-revenue or have been in business for less than two years or are a member of an underserved community. Learn more about applying for a scholarship.

Learn more and register here.