Skip to main navigation Skip to site navigation Skip to content

Cooperative Extension: New Farmers

Loading Events

« All Events

  • This event has passed.

GenerationNext Seminar – In Person Course

January 24 @ 9:00 am - 3:30 pm

Event Series Event Series (See All)

Free for Maine Farms – The Maine New Farmers Project will cover the cost

GenerationNext is optimal for producers who will be assuming greater management responsibilities within a farming, fishing or forest product business. For more information and to register, visit Farm Credit East’s GenerationNext Seminar page.

Course syllabus:

Part 1: Leadership & Management

    • Participant Introductions – Name/Industry/Experience
    • Presentation Topics:
    • Leadership & being a better boss
    • Org charts
    • Behavior and leadership styles
    • Situational leadership
    • Self-Assessment exercise
    • Communications & meetings

Part 2: Human Resource Development
Presentation Topics:

    • Bring out the best in your workers
    • Hiring: Recruiting, job descriptions, interviewing
    • Onboarding
    • Coaching & mentoring
    • Rewarding and compensation
    • Retention
    • Termination
    • Protocols

Part 3: Financial Management I
Presentation Topics:

    • Why are numbers important?
    • The Balance Sheet
    • The Income Statement / P&L

Part 4: Financial Management II
Presentation Topics:

    • Budgets
    • Benchmarking
    • Partial budgeting
    • Capital Investment

Part 5: Production Economics
Presentation Topics:

    • Efficiency measurement and management
    • Enterprise analysis
    • Profit & cost centers
    • Business proposal case study

Part 6: Marketing
Presentation Topics:

    • Marketing for commodities
    • Marketing for consumer or B2B sales
    • Competition
    • Pricing
    • Advertising & promotion
    • Target marketing & demographics
    • Customer service

Part 7: Risk Management
Presentation Topics:

    • Identifying & evaluating risks
    • Risk management tools
    • Evaluate results & review strategies
    • Personal risk management
    • Dealing with change
    • Innovation
    • Conflict resolution

Part 8: Farm Transfer/Estate Planning & Wrap-up
Presentation Topics:

    • Farm transfer and estate planning / entity formation
    • Management transfer
    • Retirement planning
    • Wrap-up and review of key topics
    • Final group discussions

Organizer

Farm Credit East
Email:
https://www.farmcrediteast.com/

Venue

Farm Credit East – Auburn Office
615 Minot Avenue
Auburn, ME 04210 United States
+ Google Map
Phone:
207-784-0193
View Venue Website
Top