Financial Self-Assessment

1 (877) 221-FARM (3276)

Financial Needs Assessment

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

Get Started

QUESTION 1 of 7

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 7

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 7

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 7

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 7

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

Yes

Not sure

Please make a selection.

QUESTION 6 of 7

How many lenders do you work with?

Self-funded and have no loans

Please make a selection.

QUESTION 7 of 7

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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