Use Your Numbers to Assess Profitability and Full Cost of Production
Online
Monday, December 5, 2022 through Monday, December 19, 2022
9 a.m.-12 p.m.
Register today for this three-part winter course with farm consultant Ellen Polishuk of Plant to Profit! This course will build on the material covered in introductory sessions in January and March 2022 (available to watch on fairfarms.oeffa.org/polishuk). Take a deep dive into your numbers from the season to understand your farm's costs of production and calculate fair prices and wages.
The What: In order to increase farm profits, we have to dive into assessing IF and WHICH of our crops, enterprises, and markets are actually generating profits.
The Why: Growers are struggling to attract and retain excellent employees. We want to pay our people more. How much more can we really "afford" to pay?
The How: We are going to keep appropriate yield, labor, and cost data in the 2022 season.
The Deal: We will meet virtually in December to discuss how to discover profitability using three different strategies:
- Veggie Compass, whole farm profitability tool
- Individual Crop Costing Tool, provided by Kitchen Table Consultants
- An informative and organized Profit and Loss Report, a tool for making decisions on increasing labor cost
Visit fairfarms.oeffa.org/polishuk to view a recordkeeping checklist and costing tools resource list to keep track of your numbers this growing season.
The cost of this three-part course is $75 and includes the opportunity for a one-on-one consultation session with Ellen. Course capacity is limited to 40.