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.
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.
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.