Is your farm running less efficiently than you would like it to? Are you confused about what to do about it? Sometimes we are painfully aware that we have financial issues, yet we are too overwhelmed to know where to start. Running a farm is no different—there are so many things to think about in times of financial distress, that it’s hard to know where to start fixing things. That’s why it’s good to be able to run “what-if” scenarios
Creating “what-if” scenarios in your farm accounting software can help you project future sales, cash flow, income statements, and assets and liabilities. You can then in turn make good plans and decisions for your farm’s future.
Compare “what-if” budgets with actual and projected figures years into the future. Once you start tracking and running this information, your farm operation will begin to operate more profitably.