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dc.contributorVirginia Cooperative Extension
dc.contributor.authorNiewolny, Kim
dc.contributor.authorMorgan, K.O.(Kim O.), 1957-
dc.contributor.authorMason, Garland
dc.contributor.authorNunoo, Nicole
dc.date.accessioned2020-10-14T17:39:44Z
dc.date.available2020-10-14T17:39:44Z
dc.date.issued2020-09-02
dc.identifier.urihttp://hdl.handle.net/10919/100518
dc.description.abstractMost farmers and ranchers—and, particularly beginning farmers and ranchers—do not have the financial capacity to hire financial managers to manage their finances for them. The onus is therefore placed on the farmer to assume the multiple roles of accountant, business manager, and farmer at the same time. The tried-and-true approaches to addressing financial risk begin with the development of a whole-farm risk-management plan. We provide best management practices to manage and mitigate the whole-farm, and whole-family risks associated with finances, production, marketing, legal issues, and human interaction (Nickel, 2020).
dc.format.extent2 pages
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.publisherVirginia Cooperative Extension
dc.relation.ispartofseriesPublication (Virginia Cooperative Extension); ALCE-222
dc.rightsVirginia Cooperative Extension materials are available for public use, re-print, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.
dc.titleBest Practices to Managing Farm Financial Health and Wellbeing
dc.typeExtension publication
dc.coverage.countryUnited States
dc.description.notesNP
dc.identifier.urlhttps://www.pubs.ext.vt.edu/content/dam/pubs_ext_vt_edu/ALCE/alce-222/ALCE-222.pdf
dc.date.accessed2020-09-02
dc.subject.cabtfarms
dc.subject.cabtrisk reduction
dc.subject.cabtfinancial planning
dc.subject.cabtmarketing
dc.subject.cabtlaw
dc.subject.cabtinteractions
dc.subject.cabtproduction
dc.type.dcmitypeText


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