FBMA2214

This course is designed to develop student skills in agricultural management within diversifying communities, developing lender relations, advanced record keeping and benchmarking. It provides an opportunity for students to investigate and apply tools that may be effective in improving risk management plans, strategic plans, and business plans in their farm business operations. Emphasis is placed on the research of business management alternatives to meet their business and personal needs. Student and instructor will determine number of credits between one to five and determine current issue(s) topic based on student's need.Student Learning Outcomes

• Identify the current issue(s)
• Define related terminology
• Explain concepts of identified current issue(s)
• Apply current issue(s) to business
• Analyze the effects of current issue(s) on your business
• Identify steps of the implementation plan
• Analyze historic data and/or rationale of changes
• Identify strengths and weaknesses of business
• Develop strategic plans or goals related to issue(s)
• Develop tax management plan related to issue(s)
• Maintain current accurate farm business records and accounts
• Develop short term implementation plan
• Develop long term implementation plan
• Analyze current financial statement to determine feasibility
• Predict the effects of the current issue(s) to financial statements