Farm Financial Planning is Iowa State University Extension and Outreach's farm financial analysis program. It consists of one-on-one financial counseling, a computerized analysis of the farm business, and referral to other extension programs or outside services that may be useful.
Who is it for?
Farm Financial Planning is for anyone who wants to understand a complete picture of their farm financial situation. It helps take the guesswork out of whether or not a change would increase profitability and improve cash flow. Using FINPACK software, the analysis may provide a more in-depth evaluation of the farm business, which many lenders are requiring before they will extend further credit.
How much does it cost?
This service is offered at no charge. It is funded by the Agricultural Credit School, a program of Iowa State University Extension and Outreach and the Iowa Bankers Association.