How to Value Your Business, Planning for the Future
Event Details
Date
April 4, 2023
April 11, 2023
April 18, 2023
Time
6:30pm-7:30pm
Location
Webinar
Host
CCE Allegany County
Lynn Bliven
585-268-7644 ext. 18
email Lynn Bliven
This three-week workshop series for livestock-based businesses will be held online. It is specifically targeted at existing meat, fiber, small ruminant dairy, or other livestock value-added processing businesses. A team of Cornell Cooperative Extension Educators will provide tools to assess your existing business and to assist in understanding options for business expansion or transfer. The workshop series will also be of benefit to livestock value-added business startups and is of relevance to both owners and employees in management positions.
The Webinars will be held Tuesday evenings, April 4th, 11th, and 18th from 6:30-7:30 pm.
Session One: Understanding Cash Flow, Marketing, Value of Customer Base and Customer Communications
Session Two: Financial planning for the future, Valuation of assets, checklist
Session Three: Benefit of an exit strategy from startups to retirement, Identification of a successor, and Working with professionals
The fee is $100 per business (There are a few scholarships available!). Multiple staff from your business may participate in the classes. Registration is limited to enhance group discussions; Q&A will not be recorded. Recording will be limited to the formal presentations; these will be made available for registrants wishing to review sessions or those unable to attend live session.
Pre-registration is required by March 30, 2023
For more information or to check into the availability of scholarships, contact Lynn Bliven at 585-268-7644 ext. 18 or email lao3@cornell.edu.
Dairy
Livestock
Forages
Grains
Upcoming Events
HPAI in Dairy Cattle ~ Spanish Webinar
May 17, 2024
Free Informational webinar for Spanish-speaking members of the dairy industry providing background and updates on the outbreak of Highly Pathogenic Avian Influenza or H5N1 virus in dairy cattle.
New York State Fiber Conference
June 9, 2024
Bouckville, NY
Theme for this year: Quality Matters
Announcements
Cash Rent and Custom Harvest Survey
To date, there is limited information available about rental rates and fees for crop harvesting. Farms can use this valuable information for their farm business planning to help improve decision making and profitability.Farmers Can Join MeatSuite For Free!
MeatSuite.com is a free resource provided by Cornell University where NY meat farmers can create a farm profile and list their bulk (wholes, halves, quarters) and bundled (i.e. Grilling Bundle) meat products.Why should farmers join?
1. It's free and easy!
2. Connect with more local customers. In the past year the MeatSuite.com farm directory had 8,300 visits from New York consumers. Farm profiles get as many as 25 views per month from potential local customers. We also spotlight MeatSuite farms on social media and bring attention and purchases to farms through highlights and giveaways.
How do I join?
Farmers can visit https://www.meatsuite.com/farmers/ to create a free farm profile. You must list at least one product for your farm's profile to go live. You'll also have access to Cornell's free Meat Price Calculator, a helpful tool for pricing your meat to make a profit.
While you're on MeatSuite, check out the "Creating Consumer-Friendly Bulk Meats" publication on the log-in page. It has tips on how to create bulk meat products that are easier for first-time buyers to say "yes" to.
If you have any questions as you create your farm profile or products, we're here to help! Please email Matt LeRoux at mnl28@cornell.edu.