Quickbooks Webinar Series for New Farmers Part 3: Managerial Decisions

Now that you are set-up in QuickBooks and have your systems for data entry set-up, we will discuss how to use the data within QuickBooks to make decisions on how to manage and grow your business. We will run reports, including the profit and loss statement and the balance sheet and discuss how to extract important information about your business. We will also talk about how to use the QuickBooks data to build financial projections to bring to prospective lenders.

Julia Shanks, a longtime collaborator with The Carrot Project, consults with food businesses and farms, helping them maximize profits and streamline operations through business planning, feasibility studies and operational audits. She formerly taught accounting classes at Babson College and regularly presents on business technical assistance.

Benneth Phelps, The Carrot Project’s Loan and Outreach Coordinator, will also be joining the presentation to answer any questions about The Carrot Project.

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