Farm Financial Planning is Iowa State University Extension and Outreach's farm financial analysis program. The program helps you evaluate your farm business and determine whether or not a change is desirable. It provides an in-depth plan for the farm business so operators and lenders can make decisions for the future.
The first question a farmer might ask about business structures may very well be: Why do I feel so overwhelmed? The good news is that creating a legally safe and well-managed business only involves three crucial steps: creating and following the processes laid out in your documents, separating yourself financially from the farm, and getting legal advice when you need it.