The Farmer's Office, Second Edition - Julia Shanks

The Farmer's Office, Second Edition

Tools, Templates, and Skills for Starting, Managing, and Growing a Successful Farm Business

(Autor)

Buch | Softcover
336 Seiten
2024 | Second Edition
New Society Publishers (Verlag)
978-0-86571-993-4 (ISBN)
36,15 inkl. MwSt
The Farmer's Office, Second Edition is the complete guide to starting, managing, and growing an agricultural or farm business. Fully updated and expanded to include tutorials on basic farm financial management, QuickBooks, business planning, navigating uncertainty, business growth, and thinking like an entrepreneur.
The no-nonsense, practical guide for farm-preneurs to grow a successful farm business – completely revised and updated


You launched your farm because you love working the land and producing food. Yet to succeed you also need to think like an entrepreneur. The Farmer's Office, Second Edition is your must-have toolkit for starting and growing a sustainable agricultural business.


Written by a consultant and entrepreneur who has supported hundreds of farm-preneurs, this essential resource is fully revised and updated to empower farmers to make sound decisions and manage their farm business for success. Topics include:




Detailed descriptions of accounting and business concepts
How to write a business plan for a new or growing venture and access financing
Setting up and using QuickBooks for day-to-day sales and expense tracking, as well as for more complex tasks such as budgeting, cash flow analysis, and cost accounting
Leveraging financial information to refine operations, improve profits, and develop strategies for growth
Managing debt and cash flow challenges
Planning for business growth and expansion
Adapting to external shocks and learning to pivot
Understanding mental blocks that can limit an entrepreneur's success.


Enhanced with detailed case studies of real farm businesses, The Farmer's Office, Second Edition is your personal business coach, providing guidance for all the business skills needed to succeed as a businessperson in a competitive and rapidly changing world.

Julia Shanks brings a broad range of professional experience to her clients; from pilot, to chef, to serial entrepreneur, she combines the practicality of an accountant with the creativity of a chef. Julia’s career started at the FAA as an aviation analyst, and quickly took a turn into the culinary arts. Julia worked as a chef for 15 years, launching several food businesses. After earning an MBA in entrepreneurship, she taught graduate and undergraduate accounting at Babson College. As a business consultant and coach, she supports owners of small- and medium- sized food and agricultural businesses to achieve and maintain financial and operational sustainability. Together with Brett Grohsgal, she co-authored The Farmers Market Cookbook. Julia lives in Cambridge, MA.

Foreword

Gratitude

Preface

Disclaimer

How to Use This Book


Chapter 1: Introduction—Why Bother

Understand What Makes You Money (and Why)

Invest in Your Business

Plan for Growth

Plan for Slow Periods

Avoid Out-of-Control Debt

Weather Covid-Like Pivots and Other Disruptions

Keep Your Eye on the Prize


Chapter 2: Building the Foundation: The Financial Statements and Basic Accounting

The Income Statement—A Summary of the Operations

The Balance Sheet—What You Have and How You Got It

The Statement of Cash Flows—Where Cash Rules the Roost

Tying It All Together

Underlying Principles


Chapter 3: Planning Your New Venture


Chapter 4: The Business Planning Process

Getting Started

The Business Planning Process

Business Plan Writing Guide

Creating Financial Projections


Chapter 5: Financing Your New Venture

Save Money

Borrow from Friends and Family

Outside Organizations

Financing Sources

Preparing for Investors


Chapter 6: Setting up a Bookkeeping System (and QuickBooks)

QuickBooks (and Bookkeeping) Best Practices

Choosing a Bookkeeping Software

The Initial Setup

QuickBooks: An Overview of Things You'll Do

Reports in QuickBooks

QuickBooks Terminology


Chapter 7: Day to Day: Using QuickBooks for Cash Management

Create Your Annual Budget by Month

The Bank Feed

Regular Bookkeeping—Every Day-ish (10 minutes)

Review, Refine, and Stay on Target—Every Month (1 hour)

Big Picture Planning - Year End (1 to 2 hours, plus cleanup)

QuickBooks Quick Tips


Chapter 8: Digging into the Numbers and Beyond

Section 1: Calculating the Cost of Production

Section 2: Allocating General Production Costs and Enterprise Analysis

Section 3: Marketing and Pricing Strategies

Section 4: Benchmarking

Measuring Success: Keep Your Eye on the Prize


Chapter 9: Stabilizing Your Business

Managing the Hole

Should You Stop or Persevere?

Key Takeaways




Chapter 10: Growing Your Business

Establish Goals

Is "Growth" the Right Strategy?

Deciding How to Grow

Growing Your Team

Marketing

Key Success Factors


Chapter 11: Building Resiliency into Your Business Model

The Process to Pivot

Shifts vs. Pivots

Building Resiliency into Your System


Chapter 12: Cultivating the Entrepreneurial Mindset

The Entrepreneurial Mindset

Getting Comfortable with the Uncomfortable

Money Shame

Mental Models

Time Management

Being the Employer of Choice

Decision-Making

In Summary


Epilogue:

Final Words of Wisdom


Appendix 1: Sample Income Statement Accounts

Appendix 2: Sample Balance Sheet Accounts

Appendix 3: The Business Plan

Appendix 4: Suggested Accounts for Chart of Accounts

Glossary

Endnotes

Index

About the Author

About New Society Publishers

Erscheinungsdatum
Vorwort Jean-Martin Fortier
Zusatzinfo 75 Halftones, black and white
Verlagsort Gabriola Island
Sprache englisch
Maße 191 x 225 mm
Gewicht 671 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Planung / Organisation
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
ISBN-10 0-86571-993-4 / 0865719934
ISBN-13 978-0-86571-993-4 / 9780865719934
Zustand Neuware
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