Education Commons^™

Nf96-286 Settting Up Your Own Business: Monitoring The Health And Growth Of Your Business (Revised April 2005), Cheryl A. Burkhart-Kriesel, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

If you are an entrepreneur and business proprietor, it's likely that you are, or you soon will be, compiling financial statements for your business. Doing so is part of being the owner and manager of a business unit. It's important to regularly compile financial statements that are fully accurate, even if you may not enjoy the investment of time, effort, and number crunching.

This NebFact provides information on the use of easily calculated financial ratios and performance indicators derived from financial statements for your business.

G96-279 Setting Up Your Own Business: Glossary Of Financial Management Terms (Revised April 2005), Cheryl A. Burkhart-Kriesel, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

If you have ever sat down with an accountant or banker, you quickly learn that they have a language all their own. This glossary is designed to help you understand some frequently used words in what sometimes is called "the language of business." Being familiar with the terminology can help you become more comfortable and effective in communicating with accountants, lenders, suppliers, and others in the business community.

Nf96-278 Setting Up Your Own Business: Financing Your Business (Revised April 2005), Cheryl A. Burkhart-Kriesel, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

Financing the start-up, development, and growth of your business may be one of the most important challenges you'll face in setting up your own business. Many potential business owners do not have personal funds in the amount needed. And, regardless of how good your business idea or product is, those who could lend you the needed funds may be unwilling to do so.

This NebFacts identifies and describes the primary sources of financing and their use in funding your business.

Nf96-277 Setting Up Your Own Business: Planning Your Insurance Coverage (Revised April 2005), Cheryl A. Burkhart-Kriesel, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

Among the important business decisions you will make each year are your decisions about insurance. Both the type(s) of insurance you decide to carry and the level of coverage provided through each type of insurance are important. In event of a serious mistake by yourself or your employee, an accident, a natural or man-made disaster, or other similar event, it's likely your insurance coverage is all that will stand between you and a major loss — possibly all that's between you and a bankruptcy.

This NebFact informs you how to plan your insurance coverage and includes a form for you …

Nf96-276 Setting Up Your Own Business: Records And Bookkeeping (Revised April 2005), Cheryl A. Burkhart-Kriesel, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

A business record system is an important but often unappreciated part of your business management system. Whether you are moving toward a business start-up or have a business that's been operating for months or years, a good record system and disciplined bookkeeping are required for business success.

Your records system and bookkeeping activities are intended to provide a constant flow of information about the state of your business. This NebFact discusses the ins and outs of starting up your records and bookkeeping system.

Cc96-396 Productcion Flexibility Contracts: Provisions, Implications And The Participation Decision, Roy Frederick, Bruce B. Johnson

University of Nebraska-Lincoln Extension: Historical Materials

The Federal Agriculture Improvement and Reform (FAIR) Act of 1996 (P.L. 104-127) was signed into law by President Clinton on April 4, 1996. Most provisions of the new law, including the commodity provisions, will be effective for seven years, 1996-2002.

Unlike previous farm bills, provisions relating to commodity supports are grouped together under what is known as the Agricultural Market Transition Act (AMTA) program. Producers of seven commodities: corn, sorghum, barley, oats, wheat, rice and cotton must sign Productive Flexibility Contracts (PFCs) to participate in the AMTA. These seven commodities are referred to as "contract commodities."

This publication focuses on …

Rp96-11 The Farm Corporation: What It Is, How It Works, How It Is Taxed, Neil E. Harl

University of Nebraska-Lincoln Extension: Historical Materials

A corporation is an artificial person that is created and operated according to state corporation statutes. It is a separate taxpayer subject to specific and detailed federal, state, and local tax laws. The advice and service of your lawyer are indispensable in organizing and operating a farm corporation.

There are three basic forms of farm business organization, the sole proprietorship, the partnership, and the corporation. Variations of these forms have resulted in the limited partnership and the "tax option" corporation. These three basic forms are discussed in this research publication.

Ec96-823 1996 Nebraska Farm Custom Rates - Part I, H. Douglas Jose, William L. Miller

University of Nebraska-Lincoln Extension: Historical Materials

Every two years a survey of custom operations is conducted to determine the current rates charged for specific machinery operations, The survey is divided into two parts: spring and summer operations, including planting and small grain harvest; and fall operations, including fall crop harvest. This report describes the spring and summer operations only. Part II of this publication includes the information about fall operations.

Ec96-822 Crop Revenue Coverage And Group Risk Plan--Additional Risk Managment Tools For Wheat Growers, Roger Selley, H. Douglas Jose

University of Nebraska-Lincoln Extension: Historical Materials

This article examines two new multi-peril crop insurance offersings, Crop Revenue Coverage (CRC) and the Group Risk Plan (GRP), that may help wheat producers manage risk. First, bsaic crop-hail and Actual Production History (APH) coverage and the protection they offer will be compared. Then, additional protection offered by CTRC, which is avilable to Nebraska wheat growers on a pilot basis for 1997 with be outlined. Finally, GRP will be discussed, which will also be offered to Nebraska wheat growers for the first time for 1997 crop wheat.

The Federal Agricultural Improvemoent and Reform (FAIR) Act, better known as "Freedom to …

Ec96-824 Dairy Economics In Nebraska: An Analysis Of Costs And Returns And Comparisons With Other States, H. Douglas Jose, Richard J. Grant

University of Nebraska-Lincoln Extension: Historical Materials

Dairy Economics in Nebraska

The dairy sector is undergoing major structural changes and economic adjustments. The industry is also becoming more market oriented as government price supports decline. Increased competitiveness has kept milk prices relatively stable, but increased grain and other input costs in 1995-96 have put increased pressure on profit margins which were already narrow.

This publication is a compilation of data related to the current economics of dairy farming. The objective is to provide data to help dairy farmers make adjustments in their operations, such as expanding their herds, and to provide basic data for operators setting up …