A farm’s financial health is critical to its sustainability and growth. Financial components encompass:

• Marketing: Strategies for promoting and selling your products.

• Profitability: The farm’s ability to generate income beyond expenses.

• Financial Accounting: Accurate record-keeping and analysis of financial performance.

• Liability: Managing risks and ensuring protection against potential losses.

• Taxes: Complying with tax regulations and optimizing financial outcomes.

• Payroll: Handling wages and benefits for employees effectively.