Events

A true 101 for those entirely unfamiliar with farm business bookkeeping, this session is about learning how to organize and record your financial data. Based on feedback from prior sessions, we’re breaking down the basics even further for those who are just graduating from a shoebox full of receipts. We'll discuss and demo building a chart of accounts, performing transactions, and reconciling bank statements. We'll compare and contrast Quickbooks Online (QBO) and Quickbooks Desktop, do a walk-through of QBO basic functions, and leave plenty of time for your questions. Take-home resources include the slide deck, a glossary of terms, and a sample chart of accounts.

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This workshop is available at ZERO COST, thanks in part to funding through a cooperative agreement with the U.S. Small Business Administration and through a grant partnership with Charlottesville's Community Investment Collaborative.

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So you’ve got a system for organizing your numbers, but now you’re wondering how to make sense of all this data. In this session, we'll move into accounting, aka interpreting your financial data into a meaningful strategy for your business. We'll discuss Profit & Loss (P&L) statements and balance sheets, how to interpret them and why they matter, and cash flow concepts. We'll also address red flags in a P&L - how to identify them in the first place, and how to strategize solutions. Take home resources include sample P&L's and balance sheets.

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This workshop is available at ZERO COST, thanks in part to funding through a cooperative agreement with the U.S. Small Business Administration and a grant partnership with Charlottesville's Community Investment Collaborative.

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With supply costs rising ever higher, farmers are grappling with how to adjust prices. If you're mostly squared away on bookkeeping and accounting for your business, we'll dive into the red-hot topic of cost vs. price with a discussion of product margins, production vs. resale, and crop costing models. Take home resources include the slide deck, and templates for product costing and margin analysis.

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This workshop is available at ZERO COST, thanks in part to funding through a cooperative agreement with the U.S. Small Business Administration and Charlottesville's Community Investment Collaborative.

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Are you a farm business owner in need of capital, but not sure where to start? Get the lay of the land in this free, 45-minute Zoom webinar presented by Foodshed Capital in collaboration with the Charlottesville Community Investment Collaborative. Funded in part through a cooperative agreement with the U.S. Small Business Administration, we'll also be joined by FarmRaise for a special deep dive into accessing grants and public funding.

Together we'll explore:

• An array of traditional funding sources

• The Foodshed Capital no- and low-interest loan fund

• Bridge loans

• Getting set up to apply for grant funding

• An overview of public funds

• Applying for grants with FarmRaise

 

This will be an informative but low-key presentation with plenty of time at the end for your specific questions. See you there!