Title: Develop financial, marketing, and risk management plans for the farm business.
Course: Operating the Farm Business (18301-III) > Section: Developing and Analyzing Agricultural Production Records

Development should include

- risk management strategies
- marketing strategies
- strategic farm business planning, including financing options
  - credit needs for farm businesses (i.e., operating loans, cost of loans, interest)
  - operating and capital expenditures
  - estate planning
  - human resources
  - leasing and insurance.

Process/Skill Questions:

- How can loan applications be analyzed?
- How would a business owner assemble a comprehensive credit plan?