Below is a step-by-step demonstration of how the “Veggie Compass” tool can be used to give farmers a much fuller and illuminating picture of their farm finances than other recordkeeping systems provide.
Although not a sales pitch for this particular free tool, and regardless of decisions to use the Veggie Compass, it is important to realize the concepts this tool allows to be demonstrated.
Ellen Polishuk of Potomac Vegetable Farms in Virginia hosts this series and helps farmers understand some of the hidden factors influencing their profitability. Farmers are given a compass to guide them to a more profitable farming operation.
The series is designed to be viewed chronologically. However, it is not necessary to watch all videos in one sitting. Click on the links below to download the Veggie Compass tools.
Introduction to Tutorial Series
An explanation of what Veggie Compass is, including what it can and can’t do for you. (10:03 mins)
Expenses Input Introduction
An overview of how the Expenses Input sheet works. Information provided here is important to learn before adding your own data. (10:50 mins)
Input in Action
Using real farm data, we demonstrate how to use the Expenses Input sheet. (13:30 mins)
Using real farm data, we demonstrate how to use the Sales Input sheet. (15:24 mins)
Using real farm data, we demonstrate how to use the Production Input sheet. (16:54 mins)
Cost of Production
See how Veggie Compass uses data entered on the first three sheets to provide useful information about the costs of each crop. (7:13 mins)
How Veggie Compass uses the data entered on the first three sheets to provide useful information about sales, broken out by crop and market channel. (12:09 mins)
All the useful information Veggie Compass provides about profits/losses for each of your market channels and the whole farm, and using this information to improve profits. (13:48 mins)