How Profitable Will My New Orchard Investment Be? 1-day, hands-on skills class
Event Details
Date
January 11, 2023
Time
9am - 4pm
Location
Orleans CCE
12690 Rt 31
Albion, NY 14411
Host
CCE-Eastern NY Commercial Horticulture Program & CCE-Lake Ontario Fruit Program
Event Registration
Orleans County Location
The Eastern NY Commercial Hort Team and the Lake Ontario Fruit Team are offering a 1-day, hands-on course at 5 locations in NYS in January and February for tree fruit farms on using farm financial information and other resources to make decisions about long-term investments or changes to their business. We will apply the techniques covered in the 8-part webinar series in December to scenarios using sample financial data from fruit farms in NYS. You will work with others in a group through a series of problems and leave with a better sense of how you can organize and interpret your own financial information to make better long-term investment decisions about your farm business. The class is scheduled from 9:00 to 4:00. The fee for the class is $25pp to cover the cost of lunch/break food ($20 if you register early). The remainder of the cost of the program is covered by a grant from NERME (Northeast Risk Management Education).
Topics to be covered will include:
- How to use your financial records to evaluate your farm's performance
- Using Excel for analysis
- How to develop enterprise budgets and use tools like cost allocation, sensitivity analysis, net present value and payback period to assess the viability of a long-term change.
Everyone will leave with a resource book and template excel forms.
*Note: the recommended pre-requisite for this class is The Zoom Series and Hands-on Skills Class, a series of eight 1-hr webinars given by Liz in December. If you missed any of the webinars, the link is here: https://www.youtube.com/playlist?list=PL9MjZiPJRy5pf4ujOndGK_jBEuNCRp9_f
Dates and Registration links:
- January 11, CCE Orleans County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1704
- January 20, CCE Wayne County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1715
Apples
Apricots
Asian Pears
Blueberries
Cherries
Currants
Gooseberries
Nectarines
Peaches
Pears
Plums
Raspberries / Blackberries
Strawberries
Unusual Fruit
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