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*HMI Event* Holistic Financial Planning – Interactive Online Course

May 22 - July 3

Learn how to work on your business, not just in your business. This step-by-step financial planning approach will help you understand the big picture view, plan for profit, control costs, and make critical production decisions based on a  clear analysis of your different enterprises. You will develop a financial plan for improved financial decisions on both annual budgets and long-term investments. You should plan on about 2 – 4 hours each week to participate in the webinars and complete the assignments. For large-scale and small-scale ranchers, farmers, and land managers.

Cost: $350, includes learning materials ($200 for FSA borrowers)

Dates:  May 22 – July 3, 2024 with weekly live webinars on Wednesdays

Time:  5:00 – 6:30 PM MDT

Scholarship Deadline: May 19, 2024

Registration Deadline: May 22, 2024

Instructor: HMI Certified Educator Christine Martin

 

Scholarships are available! Apply today!

Register here.

 

Topics

  • Understanding the difference between financial planning, managing, and accounting and who is responsible for these activities on your management team
  • Benefits of a holistic, value-based approach to finances
  • Using your whole farm or ranch goal to improve your financial decision-making
  • Prioritizing expenses to increase your farm/ranch investment strategies
  • Planning for profit
  • Improving profitability with enterprise analysis
  • Analyzing net worth and tracking progress
  • Writing plans to maximize profitability
  • Increasing creativity in planning and marketing for more profit

Outcomes

  • Develop a financial plan which will consist of a yearly budget
  • Determine current net worth and projected net worth at year-end to analyze the effectiveness of financial investments
  • Develop enterprise analysis for each enterprise (up to 3 enterprises) to move from a production focus to a profit focus
  • Be able to analyze expenses and investment allocation strategies so you can better determine  the return on investment (up to 3 investments)
  • Be able to analyze livestock production strategies and ramifications on financial planning (for those working with livestock)

Fee & Financial Assistance

FSA Borrowers – Email [email protected] for your FSA discount code when registering. The discounted price of $200/course applies to the Interactive Online Grazing Planning and Financial Planning courses only.

If you are awarded a scholarship, you will receive a discount code. Click here for more information on how to use your code.

Money-Back Guarantee

HMI stands behind our training programs. If you participate fully in this training program by attending all sessions and completing all assignments satisfactorily, and if you are not completely satisfied within 10 days of program completion, we will refund your registration fees.

Logistics

This course is seven weeks long and you should plan on about 2 – 4 hours each week participating in the webinars and completing the assignments. While the webinars are scheduled at a particular time, you will be able to complete the assignments at any time during the week. Don’t worry if you miss a webinar, we’ll be recording them and you can view it before the next scheduled webinar. Assignments may include watching videos, reading, and written exercises.

With real-time audio, video, and whiteboard capabilities our learning environment allows you to stay connected for a more engaging learning experience. You are encouraged to contribute to class discussions (either on the webinar or online forum). You can build relationships with other students from across the country and maybe even the world.

You’ll also receive a FREE electronic subscription to IN PRACTICE and a certificate upon completion of the course.

Technology /Language Requirements

  • Computer (PC or Mac are fine)
  • Reliable high-speed internet access
  • Internet browser (Explorer, Chrome, Firefox, or Safari)
  • Microsoft Word and Excel
  • Telephone (cell or landline) OR Microphone
  • E-mail address
  • All classes are taught in English
Scholarship funding support comes from the L&L Nippert Charitable Foundation.

Venue

Online
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