Our unbiased, independent financial services program offers producers across Nebraska tools to utilize existing data to improve decision-making and operational management.
We work with you to analyze and compare your operation's finances, independent of your existing accounting services.
WHOLE FARM & ENTERPRISE ANALYSIS
Whole farm analysis provides an overview of the operation.
Enterprise analysis includes production and profitability details for each crop or enterprise.
CASH FLOW
PLANNING
Develop a forward-thinking plan to assess the coming years for the farming operation.
Assists producers to evaluate feasibility at projected prices, yields, enterprises and more.
BENCHMARKING &
COMPARISONS
Compare your operation at the state and regional levels while maintaining anonymity.
Compare your own trends over 1-to-5 years to assess growth of performance.
POST-ANALYSIS & DECISION-MAKING
We are available to connect you with appropriate faculty or extension educators.
Gain further insights on marketing, pest control, expansion and much more.
Management requires measurement.
Nebraska Strong Financial Services was created in 2019 by the University of Nebraska-Lincoln Department of Agricultural Economics to offer analysis and planning that is complementary to — and independent of — accounting services.
As part of Nebraska Extension, we are committed to working with you, your accountant and your lender to provide additional services and tools to improve business decision-making in your operation.
The program offers both whole farm and enterprise analysis to provide an overview of operations and identify strengths and weaknesses. Cash flow planning and benchmarking are then incorporated to aid projections and assessment over time. All data that is collected through the service will remain anonymous.
Producers of any size, including those affected by the 2019 flooding, are encouraged to find out more or sign up for the service.
How It Works
Once you’ve made the decision to take better control of your business’ financial records and performance, you may reach out to us to get an initial consultation.
On this first visit, you can expect to provide general demographics of your operation, years on the business, and other general aspects of the farm or ranch operation. In addition, you may share what your expectations are for upcoming years and what your objectives and goals are in the long run.
Once we have this information in place, we may recommend to conduct a financial analysis, a cash flow projection or a combination of both depending on your specific situation. At this point, we will ask you to provide a set of financial statements and farm records to start working and generating meaningful analysis for your operation.
