Business of Farming Intensive
Full Day, Intensive Workshop to Improve Your Farm Business
Richard Wiswall, author of The Organic Farmer’s Business Handbook, will be giving this full day, intensive Business of Farming workshop. Richard will teach a full day of workshops with special tips discussed specifically for beginning farmers, however, seasoned farmers will have lots to learn as well.
|When:||Saturday, November 8th
9 AM to 4:30 PM
|Location:||Duke Farms Coach Barn
Duke Parkway East
80 US Highway 206
Hillsborough, NJ 08844
|Registration:||$125 - Members
$150 - Non-Members
|Discounts:||A limited number of $75 scholarships are available for beginning farmers. Please visit the scholarship webpage for more information.
If you receive a scholarship, you must register with the scholarship by August 22, 2014. Registrations paid for with scholarships are non-refundable.
|Refund Policy:||Please review NOFA-NJ's Cancellation Policy.|
|*Please, note you must bring or buy your own lunch. Lunch will not be provided.|
Farming Smarter, Not Harder: Planning for Profit
Farming offers fundamental satisfaction from producing food, working outdoors, being one's own boss, and working intimately with nature. But, unfortunately, many farmers avoid learning about the business end of farming; because of this, they often work harder than they need to, or quit farming altogether because of frustrating - and often avoidable - losses. This workshop will focus on the planning and analysis tools needed to run a profitable farm, in an easy, step-by-step format. Tips for beginning farmers will finish the session.
Farmer Friendly Budgets Made Simple
Ever wonder how much it costs to produce a dozen eggs? A feeder pig? Hoophouse greens? Are you making a profit with them given your current sales prices? Longtime organic farmer Richard Wiswall will demystify production costs for various farm ventures and show which ones are making money or not. This group working session will simplify and enlighten the process of determining profitability for any of your farm endeavors. Beginning and seasoned farmers alike will benefit, and share in some eye opening results.
The Efficient Farm Office
The Efficient Farm Office emphasizes procedures to eliminate otherwise undetected lost profits. The two paper trails - purchases and sales - are examined to guarantee no lost sales revenue and achieve maximum tax benefits. Purchases and subsequent bill paying systems are set up for maximum efficiency. The sales paper trail seems straight forward but pitfalls abound, including leaks from a CSA, farmers markets, and even invoiced sales. Richard performs a humorous office skit to emphasize key points. Richard will also cover key financial statements. Farmers often turn and run just at the thought of dreaded financial statements. Yet planning is one of the most important tools in the farmer's toolbox.
The purpose of hiring employees is to help the farmer tackle the farm workload. Quite often, farmers think that each added employee-hour should decrease the farmer's workload by equal amounts. Not so. Being an effective and efficient manager of farm employees takes time, effort, and some skill. Richard Wiswall will share his insights on effective employee management, including practical tips, a brief overview of the legal requirements, important filing deadlines, SEP IRAs, and spousal social security options.
If you are unsure of your membership status, please contact Susan Clerico through email (email@example.com) or phone (908-371-1111 x5) to verify. Not a member? Join today!
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About the Instructor:
Richard Wiswall and his wife Sally Colman own and operate Cate Farm in East Montpelier, Vermont. Richard has been farming there for 32 years, growing and selling organic produce, seedlings, and medicinal herbs. Richard likes to share his knowledge with other farmers, and often gives talks and workshops on the often neglected business side of farming. He consults with farms to increase profitability, and also wrote "The Organic Farmer's Business Handbook" to help farmers get down to business. One of Richard's main goals is to see more happy, less stressed out, and prosperous farmers.