All Resources

Honey bee pests and diseases : best management practices

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Best management practices for honey bees in Alberta.

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Choosing a consultant : an investment in your agricultural business [2017]

Description

This fact sheet offers information for farm businesses on how to look for, hire and work with a consultant.

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How do I get money? : funding your agricultural business, step 3

Description

This guide provides guidance on securing funding for new agricultural or rural-based businesses, serving as the third step in a series. It instructs entrepreneurs to tailor their approach to... More ≫

Description

This guide provides guidance on securing funding for new agricultural or rural-based businesses, serving as the third step in a series. It instructs entrepreneurs to tailor their approach to different funding sources and effectively present their business story. The resource details essential documents to prepare, such as credit reports, business plans, income statements, balance sheets, and cash flow projections. It also explains how funders utilize financial ratios to assess a business's liquidity, solvency, profitability, repayment capacity, and financial efficiency.

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How much money do I need? : funding your agricultural business, step 1

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This guide outlines the initial steps for funding an agricultural business, focusing on how to calculate the necessary financial resources. It details the importance of assessing current personal... More ≫

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This guide outlines the initial steps for funding an agricultural business, focusing on how to calculate the necessary financial resources. It details the importance of assessing current personal resources, identifying physical and capital resource needs, and estimating operating costs. The guide also explains how to calculate net worth and provides a worksheet to help determine a business's financial needs accurately. These steps assist in preparing a comprehensive financial overview required for securing funding for new or expanding agricultural ventures.

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Get the loan you need

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This resource explores how lenders evaluate loan applications and how business owners can prepare for meetings with potential lenders. It outlines key financial tools and other factors lenders... More ≫

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This resource explores how lenders evaluate loan applications and how business owners can prepare for meetings with potential lenders. It outlines key financial tools and other factors lenders consider, such as credit rating, the five Cs of Credit (cash flow, capital, collateral, conditions, and character), and the importance of a comprehensive business plan. The resource aims to provide business owners with information to successfully secure financing.

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Where can I get money? : funding your agricultural business, step 2

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This guide outlines various funding options for agricultural and rural-based businesses in Alberta. It details how to determine the most appropriate type of funding by considering when the money... More ≫

Description

This guide outlines various funding options for agricultural and rural-based businesses in Alberta. It details how to determine the most appropriate type of funding by considering when the money is needed, the available lead time, and the entrepreneur's comfort with risk and repayment terms. The guide further differentiates between five key funding sources: loans, grants, social/community finance, tax credits, and venture/angel capital, explaining the advantages, drawbacks, and typical sources for each. This resource helps business owners understand the key differences between funding sources and where to secure capital.

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Analyze your profitability : managing your growth (step six) [2015]

Description

This is the sixth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet... More ≫

Description

This is the sixth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet will help you evaluate your profitability during the important start-up years. It describes how to create an income statement, how to uncover your income sensitivity and identify the effect of changing factors on your bottom line, and finally how to decide if the enterprise is worthwhile by analyzing profit in terms of return on investment. Includes worksheets.

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Launch your business : time for action (step seven) [2015]

Description

This is the seventh in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact... More ≫

Description

This is the seventh in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet will help you move your business idea forward toward its launch by exploring three key areas: matching key business and lifestyle goals; developing an implementation plan; and building your business plan.

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Assess your resources : examining production requirements (step four) [2015]

Description

This is the fourth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact... More ≫

Description

This is the fourth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet will help you judge the feasibility of producing your product by exploring three areas: evaluating production resources; deciding on quality and capacity; and investigating how to any legal regulatory and liability requirements that might exist and how to meet them. Includes worksheets.

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Review your finances : making the money work (step five) [2015]

Description

This is the fifth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet... More ≫

Description

This is the fifth in an eight-part series of fact sheets designed to help individuals and families evaluate the feasibility of starting a new agricultural or rural-based business. This fact sheet will help you determine the amount of capital you need for your new enterprise by creating and evaluating a cash flow projection. It also discusses how to obtain financing and find sources for funding the business. Includes worksheets.

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