- This event has passed.
Winter Business Intensive: Class #5
January 6, 2022 @ 5:30 pm – 7:30 pm
The Winter Business Intensive is the second session in the SWVA Field School. The session is made up of 8 FREE intensive classes designed to help set beginning farmers on the path to a successful career in agriculture production.
During these classes, students will participate in topics such as business planning, sustainable practices, financial management, marketing, and more. By registering for this event, you are registering for all 8 classes.
Please contact Jenni Roop with any questions: email@example.com or call (276)623-1121
Class # 1: November 4th, 2021 – Introductions & Getting Started
ASD will introduce the program, support staff, coursework and expectations, allowing time for each participant to speak about their farms and goals.
Class #2: November 18th, 2021 – Visioning & Assessing Your Resources
Students will reflect on their mission and values prior to creating a business plan. *ASD will provide resources for the review of personal and family lifestyle needs and deeper understanding of creating financial goals.
Class #3: December 2nd, 2021 – Farm Infrastructure & Natural Resources
Students will discuss the benefits of viewing their farm as a whole integrated system, with consideration of environmental, economic, and social resources needed for success. *Students will assess their farm’s resources and be introduced to conservation and support services.
Class # 4: December 16th, 2021 – Markets & Marketing
Students will learn how to identify appropriate sales outlets and specific local and regional customers. *Training on how to use low-cost platforms to market products effectively will be provided.
Class #5: January 6th, 2022 – Business & Financial Management
Students will get introduced to financial planning, recordkeeping, and filing taxes with an overview of budgets, cash flow analysis, and profit and loss sheets. *ASD will provide guidance for recordkeeping to make filing a farm’s Schedule F tax form easier.
Class #6: January 20th, 2022 – Sustainable Production Planning
ASD will share benefits of some sustainable production strategies: high tunnels for season extension, rotational grazing, and cover crops & soil health. *This class will highlight programs offered by other support organizations that cover these practices.
Class # 7: February 3rd, 2022 – Entrepreneurship & Risk Management
Students will learn the steps to set up their business and manage risk on their farm. *Information includes getting a Farm Number, business license, insurance considerations, business structures, and estate planning.
Class #8: February 17th, 2022 – Loans, Grants & Financial Support
Students will have a fairly robust farm business plan outlined, which will be very useful when applying for loan or other support programs. *ASD will provide a variety of opportunities: state and federal grants, cost-share, and loan programs available to farmers with a special focus on the Farm Service Agency’s micro-loan program for beginning farmers.
March 3rd, 2022: – Closing Gathering, Present Business Plans