Some farmers fill out their Schedule F and figure that's good enough to be their yearly income statement but actually, a few other things such as inventory changes need to be figured to make it accurate enough to gauge profitability. And after all, it's long term rather than short term profitability most farmers are trying to achieve. Assessing farm financial progress doesn't have to be complicated, it just has to be comprehensive. If you would like more information about assessing your farm's financial progress, give me a call at 355-3250. Farm business arrangements and farm transfer workshop set for Reedsburg.
Admission is free and open to all.