AMI Ep 8 – Financial Monitoring – Building a Financial Dashboard

Knowing where you’re at as a business is a critically important component in making good business decisions. Building a financial dashboard gives you one of the most singularly important tools to be able to do that. A financial dashboard gives you a quick overview of the financial history of your business. It gives you a snapshot of any particular moment in time of the financial history of your business allowing you to make informed decisions when opportunities present themselves. It’s a tool that helps you to visually break down costs and to analyze and monitor spending habits. It’s a great way to get a birds eye view of your business.

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In this episode of the Farm Business E-Team video series we look at what goes into a financial dashboard and how producer Paul Slomp utilizes it in his operation.

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Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

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One Comment

Barny

If you’re actually interested in the “dashboard” discussion, fast forward to 3:15, there is a lot of preamble

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