Introduction
Cash flow planning is a critical part of developing a sound and resilient farm plan, yet is often the part we struggle with the most. Setting up financial structures will minimize potential hazards down the road, and lead to a smooth-running operation. Through a lecture and step-by-step exercise, this module explores how to ensure you have the cash resources you need when you need them. In this module we will focus specifically on finances and dynamic cash flow planning, and we will provide guidance on how to approach an area of the business plan that is often intimidating.
Before you get started, watch this interview with Mimi Arnstein about the importance of financial planning for small-scale farming businesses.
Financial Aspects of Small-Scale Farming with Mimi Arnstein
Learning Objectives
In this module, learners will:
- Explain the importance of financial planning for agroecological enterprises.
- Define cash flow and other key concepts related to financial planning for farms.
- Practice using templates to model cash flow.