Document Type

Other

Publication Date

4-1-2003

Keywords

financial practices, tracking ones income, budgets, cash flow

Extension Number

ExEx 14081

Department

Consumer Sciences

Description

How much short-term credit does your family farm business need for the year? When and where will cash be generated? A useful tool for finding these answers and managing the financial needs of the family farm is a cash flow budget. The cash flow budget is an estimate of cash receipts and expenditures for a specific time period. The budget only looks at money flows into and out of the business, not at net income or profitability.

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