1 Helping Farmers Find Solutions – Working with NY FarmNet Ed Staehr Communications Director NY FarmNet/NY FarmLink February 4, 2009.

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Presentation transcript:

1 Helping Farmers Find Solutions – Working with NY FarmNet Ed Staehr Communications Director NY FarmNet/NY FarmLink February 4, 2009

2

FarmNet Fact or Fiction 3 Most farms calling NY FarmNet exit. Fact or Fiction? Fiction 93 percent of farms improve profitability or expand

4 Areas of Assistance Financial Analysis Business Planning Farm Transfers Retirement and Estate Planning Farming with the Family Personal Wellbeing

5 Financial Analysis Analyzing the present profitability of your farm Identifying options for improving farm viability Helping create useful cash flow budgets Evaluating proposed business changes and their impact on profitability Working with others to provide options for debt restructuring

Business Planning 6 Farm business financial and production analysis Farm business feasibility studies Farm Business Plans Farm business budgets and cash flow projections

Farming with the Family 7 Setting Goals Conflict Management Management Principles Conducting Family Meetings Financial Management Business Decision Making Time Management Farm Succession Planning

Personal Wellbeing 8 Stress related emotional issues Relationship issues Family issues and Parent-Child concerns Alcohol and drug concerns Grief/loss issues Depression and Anxiety Farm conflicts and concerns Farm retirement, transfer or exit adjustment Health concerns

How We Help 9 Free, Confidential On-Farm Consulting Financial Consultants Personal/Family Consultants

Consultant Locations 10 Family Financial Legal Tax

Making a Referral 11 Have farmer call the NY FarmNet office (800) 547-FARM Office will not contact individual farms

What to Expect A live voice who answers calls. Speaking with someone who is knowledgeable about agriculture A returned call by a consultant within 24 hours. Consultants who are experienced in working with farmers 12

When to Call 13 ASAP Delaying action reduces business options for success.

14 For More Information (800)