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1

Helping Farmers Find Solutions –

Working with NY FarmNet

Ed StaehrCommunications DirectorNY 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

FamilyFinancialLegalTax

Making a Referral

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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

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When to Call

13

ASAP

Delaying action reduces businessoptions for success.

14

For More Information

http://www.nyfarmnet.org

http://www.nyfarmlink.org

(800)547-3276

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