This resource contains
reading materials, lectures, and work exercises to help
educators and farm business managers review and if necessary
modify financial strategies for future business success.
These materials can be
used by managers of a farm business as a resource for teaching
materials. Using these materials as a the basis for short
programs on the topics may be most effective for one-time
lectures or short courses. Working in groups is also recommended.
Sharing your perspective of this material, having your perspective
challenged, and challenging the perspectives of others helps
clarify ideas and plans.
Each module contains a
PowerPoint presentation with presenter's notes, exercises,
readings and tools to use in the classroom to apply the
How To Use this Resource
Nearly every module linked in the menu
at right has a PowerPoint presentation and a written background
paper on the topic, as well as exercises.
To download the presentation either click on the link to
open the resource and then save it to your computer's hard
drive. Or mouse over the link, right-click and select "Save
Target As" or "Save Link As" (depending on
whether you are using Internet Explorer or Netscape navigator.
Select a convenient location on your computer and then click
save. Each presentation has a set of presenter's notes to
assist in give the presentation to groups.
The readings and exercises are available as documents in
pdf format, for which you will need to latest version of
Adobe Acrobat Reader, available at the link below.
- Thinking Like a CFO shows how top farm business managers
think about their business.
- Financial Basics illustrates the basic issues faced in
financial analysis of farm profitability.
- Measuring Performance teaches how to measure financial
performance through calculating ratios and comparing them
- Assessing Performance shows how to accurately calculate
income and introduces tools to assess performance.
- Debt Service Analysis discusses the question of how much
debt can a business repay.
- Improving Performance shows where to focus management
effort to improve financial performance and introduces a
convenient tool to assess the effects.
- Farm Size lays out criteria for deciding how large a business
needs to be to provide owners with the income they need.
- Investment Analysis shows how to investigate the profitability
of investment options through net present value analysis.
- Value Creation introduces a measure that managers can
use to see if their business is really creating value.
will need Adobe Acrobat Reader
to view the
to download the latest version of Acrobat Reader
- Risk and Risk Balance illustrates the importance of protecting
against operating risk.
- Alternative Financial/Organizational Structures lists
the tremendous variety of ways in which a farm business
can be financed.