Women’s roles in agriculture continue to expand. In Iowa, one in five principal operators or primary managers of farm businesses are women. Women involved in agriculture in Iowa have a significant economic impact – nearly $500 million.
Iowa State University Extension and Outreach continues to provide educational opportunities for women across the state to be more informed about the finances on the farm. Greene County Extension is offering Women Managing Farm Finances beginning Thursday, Nov. 7, and continuing Nov. 12, 14, and 19, from 6 to 9 pm. A light meal will be provided from 5:30 to 6. Cost of the course is $100. Classes will be held in person at the Greene County Extension office in Jefferson.
During the four-day course, participants will gain an understanding of how to complete a balance sheet and calculate key ratios like current ratio and debt to assets to help them determine how their business is doing. Other topics covered include income statements, cash flow, and budgeting and benchmarking, insurance and taxes.
“This is a great opportunity for women to gain a better understanding of the primary aspects involved in keeping a farm business healthy,” said Alexis Stevens, farm and ag business management specialist with Iowa State University Extension and Outreach. “Women often handle the finances on farm businesses, so it’s extremely important to have a grasp of the many financial components of a farm operation,” Stevens added.
Register here https://go.iastate.edu/BLRODP for Women Managing Farm Finances at the Greene County Extension office at 104 West Washington St, Jefferson, or call the office at 515-386-2138 for more information.