HMI’s Online Learning Series Getting Started Holistic Management® Financial Planning course had 32 participants from Germany, Canada, Australia, the United States, South Africa, and the Netherlands. 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 the 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.
“The class not only helped me learn a lot more about my numbers and what to do with that information but at the same time how to assess my goals and accomplish my goals with using my numbers.”
“Holistic Management classes have taught me the necessary information needed to become a financially successful farmer”
"I had my skills updated and refreshed which helped me become a better financial planner. I am excited now to continue to follow my plan during the year and see my farm's outcomes because of it."
"I learned the importance of accurate record-keeping and how critical it is to compare year to year profit/expense to eliminate extra spending/expense and increase overall profit."
"Plan ahead and follow through is key"
"I believe my attitude has changed as a result of taking this course. Instead of a point of contention, financial monitoring can now be a normal conversation about our holistic goal."
"The most important thing I am taking with me is the financial "Big Picture". I like to see the big picture because it helps me make the little decisions better."
"How to intentionally cut back on expenses logically. Had not come to mind, but ignorance costs money."
"Determining logjams and weak links"