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Do you have/use a business plan?
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<blockquote data-quote="DirtyShame®" data-source="post: 904480" data-attributes="member: 18143"><p>For years I worked in the Texas Ag Extension Service. I worked as a specialist helping farmers, mostly beginining farmers, with FSA Fome & Home Plans and farm plans for bankers. I used an Excel model the ag eco students wrote in grad school. The model would replicate the FSA Farm & Home Plan and you didn't need a system 36 computer program to run it. You would be surprised how much easier it was to get a loan when you have it all laid out so you can discuss it with the lender. We added little bells and whistles that computed cash flow, percent cash flow and etc...I know I still have some examples of the model, but it was orginally written using Quatro Pro, then converted to Lotus, then converted to Excel...it needs to be re-written just using Excel..as it is now...takes many mb for the conversions..</p></blockquote><p></p>
[QUOTE="DirtyShame®, post: 904480, member: 18143"] For years I worked in the Texas Ag Extension Service. I worked as a specialist helping farmers, mostly beginining farmers, with FSA Fome & Home Plans and farm plans for bankers. I used an Excel model the ag eco students wrote in grad school. The model would replicate the FSA Farm & Home Plan and you didn't need a system 36 computer program to run it. You would be surprised how much easier it was to get a loan when you have it all laid out so you can discuss it with the lender. We added little bells and whistles that computed cash flow, percent cash flow and etc...I know I still have some examples of the model, but it was orginally written using Quatro Pro, then converted to Lotus, then converted to Excel...it needs to be re-written just using Excel..as it is now...takes many mb for the conversions.. [/QUOTE]
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