Your FBM Calendar
Classes & Group Meetings
Completing Your 2006 Business Analysis
If you have the Analysis Worksheet Microsoft Excel Spreadsheets from 2006 loaded on your computer, Complete each worksheet:
1) Read through the Process; 2) Complete the Assest side of the Balance Sheet;
3) Enter Capital Purchase; 4) Complete the Liability side of the Balance Sheet;
5) Complete the Loan Activity; 6) Complete 2006 Income & Expenses;
7) Complete the Crop Data Sheet; 8) Complete the Livestock Inventories & Feed Fed; and
9) Complete your Goal Sheet.
Completing Your 2007 Business Plan & Budget
From your 2006 Business Analysis, you have relevant, purposeful information to complete the 2007 Business Plan & Budget. Make certain it is a plan that contributes to you getting to the life you have always imaged you wanted to live.
Thanks.
Mark
Year-End Financial Activities
Now we begin the Year-End Financial Activities.
- 1) you get your Acounting Records for 2006 up-to-date,
- 2) make current your farm's manufacturing information
- the Crop Data Sheet,
- the Monthly Livestock Inventories,
- the Feed Fed Summary, and
- purchases, sales or trades of Capital Items which occurred during the year,
- 3) complete your 2006 Income Tax Planning;
- 4) complete the Business Analysis Spreadsheets;
- 5) review your Business Analysis & Business Plan; and
- 6) come to group meetings to review the trends of 2006 & 2007.
Financial Aid
The College is sending out various forms. Call my office if you have received any mailings and I will answer your questions, at 218/846-0736.
Thanks.