HMI’s Online Learning Series Getting Started Holistic Financial Planning course began in May of 2016 with 18 participants from The United States, Canada, Columbia, Iceland and Australia. This course focused on key financial principles that helped participants learn how to work on their business, not just in their business. This simple approach to financial planning assisted participants to understand the big picture view as well as make critical production decisions based on a clear sense of cost of production for different enterprises. Participants were able to develop a financial plan and identify ways to implement and monitor that plan. The participants were very excited to learn the key economic analysis tools for improved financial decisions for both annual budgets and for long-term investment. Featured Participants:
Terri Williams
"I took the Holistic Financial Management class in the summer of 2016. My mom also took the course and we worked on it together, with input from both families. The course literally changed the whole direction of both of our farms. We learned how to make more effective decisions and how to project income, expenses, and profit for each farm operation. We loved how we weren't just considering the numbers, but also the long-term holistic goal - that felt much more comfortable for us. I work for our local Conservation District, and we've been considering bringing Holistic Management trainings to our area. I can now wholeheartedly encourage other producers here to participate, in light of the learning I've appreciated so much. Thank you so much for offering such valuable information!"
Carol Buswell
"I think the HMI approach is one of the most responsible I have ever encountered. The financial class helped me to view my finances in a much more systematic and all-inclusive way. I plan to continue on. My daughter and I are both very excited."
"It's important to me to be able to plan financially because financial planning is the heart of our family business success. I hope to set an example for future generations on the ranch to following using HMI Financial Planning."
Determining the weak link in your farm’s/ranch’s enterprises 100% Identifying log jam and adverse factors 100% How to Increase your farm’s/ranch’s net worth after the course 100% Determining viable profitable enterprises for your farm/ranch after the course 100% Your skills in developing a whole farm/ranch financial plan after the course 100% Assessing the cash flow of your plan after the course 100% Prioritizing and cutting farm/ranch expenses to guide reinvestment in your farm/ranch 92% Determining your farm’s/ranch’s net worth 92% Determining your farm’s/ranch’s projected revenue 92%