Farm Management Decision Making Tools
| Online Tools | |
| Benchmarking for Success | Understanding your own financial profile is important for the success of your farm operation. Benchmarking helps you assess your farm operation and determine its strengths, weaknesses and areas where improvement is possible (off-site link). |
| Compensation Calculator | This calculator helps you identify the benefits you or other farm employees are receiving. It useful for assessing the overhead that the family living cost puts on the farm and gives a better comparison of farm compensation to off farm employment opportunities. |
| Downloadable Tools | |
| FIR$T Computer Software | The Feedlot Investment Risk Simulation Tool (FIR$T) helps feedlot operators and potential investors analyze the risks and returns associated with cattle feeding. |
| Alberta Business Analyzer | The Agricultural Business Analyzer (ABA) is a financial analysis tool designed to aid users to do review up to 5 years of historical financial data and prepare and analyze a financial plan for the upcoming year. |
| Rolling Cashflow Forecaster | The Rolling Cashflow Forecaster can forecast cashflows over any length of time. This tool is especially useful when cash flow is tight. |
| Buy Lease Capital Budgeting | This software program will help you calculate the least costly option when considering whether to lease, rent or hire custom work of farm capital assets. |
| Land Value | This software program will allow producers to analyze farmland purchases. Land Value evaluates the land value of an investment and the investor's ability to pay for the land. |
