FUNDING & PROJECTS - My Risk Library Entry

Financial Risk Reduction Through Improved Records Management
 
Award Amount: $52,826 
Regional Center: Southern Region Risk Management Education Center
Grant Program: 2004 Competitive Grant Program

Project Directors: Curt Lacy and Nathan Smith
Email: clacy@uga.edu
The University of Georgia
Download Full Report .pdf  Financial Risk Reduction Through Improved Records Management

 

Summary Results Project Steps Materials Delivery Area Comments
PROJECT SUMMARY
This project addressed the financial risk to farm businesses from not utilizing farm records in decision-making. Farm families in Alabama, Georgia, and South Carolina received training on keeping and utilizing farm records to make financial decisions. Training was offered through intensive multi-day regional seminars and topic-specific local meetings. In addition to the workshops, interested producers were offered intensive individual farm-planning assistance.
NUMBER OF PARTICIPANTS: 1225
TOPICS COVERED
  • Financial records, analysis, and bench-marking
    		•
  • Business and strategic planning
    		•
  • Ability to manage changes in policy and regulation
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