The object of the instruction is to help farmers apply these approaches or sets of principles to their business in such a way as to meet their goals. To be eligible for enrollment in Farm Business Management courses a student must be a farm business operator or manager or must secure the consent of the instructor. This course introduces basic farm business management concepts. This course is an overview of the Farm Business Management Program. The student will be introduced to goal setting, self and business assessment, record keeping, and business projections to provide the foundation for personal and business management progress.
Current issues affecting business management are an integral part of the course.
This course assists the students in achieving awareness of development in agricultural policies and practices throughout the world and assessing the impact of these policies and practices on the profitability and viability of their farm business. This course will take the student through a step by step procedure to close out a complete year of farm business records. This course will emphasize tax planning, completing inputs to livestock and crop enterprises, and emphasizing cash and liabilities accuracy. A completed business and enterprise analysis will be the course focus. This course continues to build on the foundation of farm business management.