Successful people know how to effectively manage budgets and finances. They know how much they have borrowed, the interest rates they are paying, and anything else that can affect their business. They always save for a rainy day. Understanding the principle that they must spend money to make money, they prioritize personal expenditures such as a new house, car or vacation, until they can afford it.

University of Maryland Extension Resources

• Financial Planning Tool - Managing Your Farm Cash Flow
  Overview | Sample MS Excel Cash Flow Budget
  Resource added 12/21/2010

• Funding Sources for Agriculture. Prepared by Jennifer Timmons, University of Maryland Extension 2009
  http://www.mredc.umd.edu/documents/Budgets/FinancingAg2009.pdf
  Resource Added November, 2009

• Extension Bulletin 371 (EB-371): 2008 Vegetable Enterprise Budget
  http://extension.umd.edu/publications/PDFs/EB371.pdf

• Marketing Grain in Maryland
  www.mdgrainmarketing.umd.edu

Other State Extension Resources

• Iowa State Extension Enterprise Budgets including Aquaculture
  http://extension.agron.iastate.edu/sustag/enterprisebudgets/default.htm

• Oklahoma State University Ag Enterprise Budgets
  http://www.agecon.okstate.edu/Budgets/

• University of Kentucky Livestock Enterprise Budgets
  www.uky.edu/Ag/AgEcon/pubs/software/budgets_livestock.html

• Poultry Enterprise Budget
  http://www.cias.wisc.edu/economics/poultry-enterprise-budget/

• Dairy Sheep Enterprise Budgets
  http://www.cias.wisc.edu/economics/dairy-sheep-enterprise-budget/

• Dairy Goat Enterprise Budget
  http://www.cias.wisc.edu/economics/dairy-goat-enterprise-budget/

• Specialty Food Enterprise Budget
  http://www.cias.wisc.edu/economics/specialty-foods-enterprise-budget/

• The Ohio State University Small Business Series
  http://ohioline.osu.edu/lines/busi.html#BCDEV

• Greenhouse Budgets
  http://aesop.rutgers.edu/~farmmgmt/green-house/greenhouse-index.html

• Northeastern United States
  http://aesop.rutgers.edu/~farmmgmt/ne-budgets/nebudgets.html

Industry Resources

• Your Commercial Bank
  http://www.businesstown.com/planning/creating-bank.asp

• MidAtlantic Farm Credit – makes farm and county home loans, improvement loans and production/operating loans
  http://www.midatlanticfarmcredit.com/loans-ag-overview.asp

• Basic Accounting
  http://www.businesstown.com/accounting/basic.asp

Agencies, Associations and Government Resources

• MARBIDCO (Maryland Agriculture and Resource-based Industry Development Corporation)
  http://www.marbidco.org

• MARBIDCO Loan Programs:
  http://www.marbidco.org/applications.html

• MARBIDCO Grant Programs:
  http://www.marbidco.org/applications.html

• USDA Rural Development – offers a number of programs to assist individuals and businesses with funding opportunities.
  http://www.rurdev.usda.gov

• The Small Business Administration (SBA) – offers numerous loan programs to assist small businesses. Note: it is primarily a guarantor of loans made by private and other institutions.
  http://www.sba.gov/financing/index.html

• USDA Farm Service Agency – makes direct and guaranteed farm ownership and operating loans to family-sized farmers who cannot obtain commercial credit from a bank, farm credit system institution, or other lender.
  http://www.fsa.usda.gov/dafl/default.htm

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