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Our Mission A sister program of New York FarmNet, New York FarmLink is committed to helping individual producers achieve personal, managerial, and financial success through assistance with farm succession and business partnership planning issues. When individual farms are successful, communities and New York State benefit in turn. Together, NY FarmLink works with farmers to ensure the long-term economic viability of New York agriculture. We are dedicated to providing farmers with assistance in all aspects of business transfer and partnership success including: • Succession planning for family and non-family transfers • Retirement and estate planning • Joint ventures/partnerships • Help for beginning farmers • Farm opportunities website
Financial assessment is central to nearly all of the issues our program addresses. Knowing where a business stands financially is a critical step in identifying options for a brighter future. Planning with a NY FarmLink consultant can be helpful when making key decisions such as whether to expand, bring the next generation into the farm, or explore options outside of farming. NY FarmLink financial consultants are able to provide assistance in: • Analyzing the present profitability of your farm • Identifying options for improving farm viability • Helping create useful cash flow budgets • Evaluating proposed business changes and their impact on profitability • Working with others to provide options for debt restructuring
All consultations are free and confidential. NY FarmLink financial consultants have decades of experience in production agriculture from careers in Cornell Cooperative Extension, banking industry, or their own farming operations. As a result of financial analysis and planning, you will have accurate information to make decisions that impact the future of your business. Moreover, one on one meetings with a NY FarmLink financial consultant can uncover options for the future that you may not have previously considered. |