In collaboration with Ellen Rawley Creative & Strategy, Inc, and with funding from CDFA’s Organic Transition Pilot Program and the United States Department of Agriculture (USDA) Transition to Organic Partnership Program (TOPP), CAFF’s new guide helps farmers understand financial concepts essential to managing a farm business, with specific guidance tailored to the needs of organic farms.
The guide demonstrates how to read a Profit and Loss Statment, and provides tools and frameworks for effectively tracking income and expenses.
Who This Guide For
- Certified USDA Organic farmers
- Farmers transitioning to organic
- Fruit & Vegetables, Meat, Grains, Dairy and/or value-added farmers
- Land owners or leasers
- Farmers growing one or two crops or diversified operations
- Farmers selling through any and all market channels
What This Guide Includes
- Descriptions and examples of the most common financial terms you encounter as a farm business
- Recommendations for how to track farm income and expenses using a Profit and Loss Statement
- Tips for creating a system to track your income and expenses that you can stick to
- A workbook to help you practice tracking your income and expenses
- Six how-to videos that demonstrate how to use the workbook
- A list of other resources to level up your farm financial management