MAKING IT HAPPEN: PROFITABILITY AND SUCCESS
Making It Happen: Profitability and Success helps farmers understand and strategically implement a variety of financial management tools in order to increase the financial strength of their operations. The complete set of resources includes financial tools, case studies, workshops, and webinars that provide farmers with applicable and effective financial management strategies that can be used to make business decisions. These tools can be easily used by farmers in business operations: to improve productivity, reduce costs, increase net farm income, and improve overall quality of life. Stay tuned for workshop and webinar dates, learning guides, and case studies.
For more information about our work, download The Carrot Project 2015 Impact Report, a story in graphic form of our organization and some of the amazing farm and food businesses with whom we work.
BORROWER UPDATE: Sparrowbush Farm
Sparrowbush Farm is operated by Ashley Loehr in Livingston, NY. Ashley uses sustainable and innovative farming practices to produce vegetables, grains, eggs, chicken and pork. Sparrowbush Farm was started in 2011. Ashley has over 10 years of experience in agriculture, including working in various capacities at other Columbia County farms, working at a Finger Lakes winery, repairing farm equipment, and taking classes at Cornell’s Ag School. Ashley’s partner Antoine Guerlain, assists in the business and has plans to utilize the farm’s grains in an on-farm bakery in coming years.
Ashley has developed three primary marketing channels: farmers markets, local wholesale, and a winter CSA. She focuses her in-season vegetable sales to farmers markets and wholesale customers on a few vegetable areas, specifically greens and herbs, and has established these as signature products customers recognize.
Sparrowbush benefited from a loan to upgrade and add field equipment and wash/pack equipment to facilitate efficient expansion. In addition, financial technical assistance and working capital to smooth out seasonal income and expense fluctuations were part of the loan package.
Monthly Loan Deadlines!
The Hudson Valley & Western Connecticut, Massachusetts and Vermont loan programs now offer monthly loan deadlines the first of each month or the next business day, if it falls on a weekend or holiday. The Maine loan program accepts applicants on a rolling basis. .
Ironwood Farm, Ghent, NY
Maple Hollow Farm, New Salisbury CT
Alewife Farm, Clinton Corners NY
Vermont Bean Crafters, Waitsfield, VT
Chaseholm Farm, Pine Plains, NY
Leahey Farm, Lee, MA
The Carrot Project's E-newsletter is sent out 3-4 times per year. If you would like to subscribe to the newsletter, please send a message with your name, town/city, state, and if you are a farmer to info @ thecarrotproject.org.