A working knowledge of budgeting, basic financial statements and other accounting skills is key to a farm operation's financial well-being.
In February, the University of Vermont (UVM) Extension New Farmer Project will offer "Introduction to Ag Financial Management" at three Vermont locations. The three-session course is geared toward beginning farmers but is open to any owner or operator of a farm or agricultural enterprise interested in gaining a better understanding of the basics of financial management.
The course will cover budgeting, balance sheets, income statements, cash flow statements and other skills needed to keep accurate financial records and plan for future financial needs of the farm operation. Participants will also have the opportunity to take part in a financial planning clinic with one-on-one assistance for no extra charge.
Classes will be held simultaneously at the UVM Extension offices in Berlin, Middlebury and St. Johnsbury from 1 to 4 p.m. on February 6, 13 and 20. Each site will have its own instructor.
The registration fee is $75, if received by January 16, or $100 until January 30, when registration closes. Graduates of UVM Extension's Growing Places course are eligible for a discounted registration fee.
To register online or to learn more about this course and other educational opportunities, visit www.uvm.edu/newfarmer
and click on "Classes." The registration form includes information on applying for financial assistance.
If requiring a disability-related accommodation to participate in this course, please contact Jessie Schmidt at 802-223-2389, ext. 203, or 866-860-1382, ext. 203 (within Vermont) no later than January 16.