Financial Self-Assessment

1 (877) 221-FARM (3276)

For the most accurate results, please answer the following questions being as honest as you can be.

Get Started

QUESTION 1 of 9

Do you have a budget with defined projections for the farm, prepared in advance of the crop year?

Yes

Please make a selection.

QUESTION 2 of 9

Do you use cash-basis or accrual-basis accounting for your farm?

Cash-basis

Accrual-basis

Don't know...what's the difference?

Please make a selection.

QUESTION 3 of 9

What is the background of the person on the farm doing your bookkeeping/accounting?

Have little/no training in accounting

They have some education or training, but limited

They have a 4-year degree in accounting or finance

They have advanced training/experience and have continuing education each year

Please make a selection.

QUESTION 4 of 9

How often do you “close your books,” and run financial statements?

Don't know

Once per year

Quarterly

Monthly

Please make a selection.

QUESTION 5 of 9

Do you monitor and review the trends of your numbers and key financial indicators?

Yes

Not sure

Please make a selection.

QUESTION 6 of 9

How many lenders do you work with?

Self-funded and have no loans

Please make a selection.

QUESTION 7 of 9

What state is your farm located in?

California

Iowa

Texas

Nebraska

Minnesota

Illinois

Kansas

North Carolina

Indiana

Wisconsin

Missouri

Arkansas

Ohio

Washington

Oregon

Idaho

North Dakota

South Dakota

Colorado

Oklahoma

Michigan

Mississippi

Alabama

Georgia

Florida

Kentucky

Virginia

Pennsylvania

New York

Other

Please make a selection.

QUESTION 8 of 9

What is your farm's focus?

Cattle

Dairy

Hogs

Organic

Permanent Crop

Poultry

Row Crop

Other

Please make a selection.

QUESTION 9 of 9

What is the size of your acreage?

Under 3,000 acres

3,000 - 8,000 acres

8,001 - 15,000 acres

More than 15,000

Please make a selection.

Generating Your Results...

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