Madison College is excited to offer two new workshops on farm financial management this spring semester at the Portage Campus through the new Institute for Sustainable Agriculture (ISA). For more information about the ISA and agriculture programming at Madison College, including workshops like these, check out the website:
For more information or to register call
(608) 258-2301, Option 2. Or the Portage Campus at (608) 745-3100
Toll-Free: (800) 322-6282, Ext. 3100
Farm Business Essentials
Portage Campus | 330 West Collins Street | Portage, WI
TIMES AND FEES
1/18 – 2/8, Intro to Farm Financials 64135, 1:00 pm – 3:30 pm, Fridays, $139
2/15 – 3/8, Farm Financial Analysis and Decision Making 64396, 1:00 pm – 3:30 pm, Fridays, $139
INTRO TO FARM FINANCIALS
This workshop will introduce the tools for understanding the financial part of your farm business. We will explore some simple and free tools that can help any farm start to use their financial information to make decisions. Some of the tools are balance sheet, income statement, cash flow budgeting, enterprise budgeting, and partial budget analysis. We will explore some tools available for free to develop these documents and analysis through our model managed grazing beef farm.
*Fees are approximate and subject to change.
FARM FINANCIAL ANALYSIS AND DECISION MAKING
This course provides best practices and business plan structures to help you utilize your business plan to better manage and grow your operation. Evaluate your financial records against your business plan to calculate your current financial position, needed expenditures, and growth capacity. You will assess your risk and risk management strategies, develop marketing plans, create short-term goals and long-term projections to spur growth and success.
ABOUT THE INSTRUCTOR
The agriculture instructor for Madison College (MATC), Randy Zogbaum developed and now teaches in the college’s new Agriculture Systems Management program. Randy holds both a master’s and bachelor’s degree from the University of Wisconsin-Madison in soil science. He is a former UW Extension agriculture agent for Columbia County and the former agriculture education director for the Wisconsin Technical College System. He also served as a soil and water quality specialist for the Wisconsin Department of Agriculture, Trade and Consumer Protection.