Analyze the financial effects of changes in government programs. Identify and assess the options available to the family and business to improve a financial situation. For example, these options could include expanding an enterprise, leasing or purchasing assets, or changing marketing strategies. Analyze impacts of adding a second generation to the farm business. Certify a financial plan for Oklahoma Agricultural Linked Deposit Program loans.
Cost There is no cost to Oklahoma producers.
Funding for the specialists comes primarily from the state legislature through grants from the Oklahoma Department of Agriculture, with supplements from United States Department of Agriculture grants when available. This program only requires your time. Spending several hours assembling your records and working with a specialist to review your financial situation can produce great rewards. Requests for farm financial planning assistance can also be initiated through the Area Extension Agricultural Economics Specialists or the Oklahoma Cooperative Extension Service's Extension Educators. These specialists have farm or ranch experience along with training in agricultural economics, accounting, or business.