The new FINPACK Business Plan can help a producer describe his or her farm business to lenders, partners, family members and employees.
"It is designed to develop a top-notch farm business plan for any audience," says Bob Craven, director of the University of Minnesota's Center for Farm Financial Management (CFFM).
The FINPACK business plan can be especially helpful if a producer is considering an expansion, financial reorganization, new enterprises, entering partnerships or incorporating or transferring the farm or ranch. Included are a comprehensive outline and detailed tips on what to include in the business plan.
The FINPACK Business Plan is available from the U of M Center for Farm Financial Management, 249 Classroom Office Building, St. Paul, MN 55108.
Check it out on the Internet, at www.cffm.umn.edu, or call 800-234-1111 or 612-625-1964.