Getting on Track: Understanding Financial Performance

Graphic of RightRisk Media Post

 
GETTING on Track: Understanding Financial Performance is a two-hour, internet-based course including: What is financial analysis?, Measures of liquidity, Measures of solvency, Measures of profitability, Measures of financial efficiency, Measures of repayment capacity, and Where do I go from here? A glossary, frequently asked questions, and resource links are provided, along with example records systems and much more.

The Basic Financial Statements course is available free of charge at RightRisk.org > Courses.

Limited Partnership

Graphic of RightRisk Media Post

 
Limited Partnerships are partnerships with at least one general partner and at least one limited partner. They can only be formed by filing a written document which names the partners. The biggest distinctions between general and limited partnerships have to do with management rights and limited liability of the limited partners. The Revised Uniform Limited Partnership Act established this business structure and provides the regulations for creating, operating, and dissolving limited partnerships.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including the Limited Partnership.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

Getting on Track: Better Management Through Basic Financial Statements

Graphic of RightRisk Media Post

 
GETTING on Track: Better Management Through Basic Financial Statements is a two-hour, internet-based course covering: An introduction to Financial Statements, Cash Flow Statements, Balance Sheets, Income Statements, Statement of Owner Equity, and Where Do I Go From Here?. Also included are a glossary, resource links for further research, and many other features.

The Basic Financial Statements course is available free of charge at RightRisk.org > Courses.

Limited Liability Partnership

Graphic of RightRisk Media Post

 
Limited Liability Partnerships (LLP) are a general partnership where all partners have limited liability as to other partner’s debts and liabilities due to misconduct. Except for a very few special provisions, it is subject to the same rules as a general partnership. There are four primary differences between LLPs and general partnerships: (1) they are formed in different ways; (2) they may have different requirements concerning insurance or financial responsibility; (3) specific steps may need to be taken in order to maintain LLP status; and (4) the liability of general partners is significantly different.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including the Limited Liability Partnership.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

Getting On Track: Better Management Through Basic Ag Records

Graphic of RightRisk Media Post

 
Getting On Track: Better Management Through Basic Ag Records is a two-hour, internet-based course including four vignettes titled: Preserving The Tradition, Putting All Your Eggs in One Basket Get the Max From Your Tax, and 4-H Gone Hog Wild. Other topics covered include: Why keep records?, Basic record keeping 5 easy steps, Keeping production records, Keeping financial records, Schedule-F, Where do I go from here? A glossary, frequently asked questions, and resource links are provided, along with example records systems and much more…

The Basic Ag Records course is available free of charge at RightRisk.org > Courses.

Limited Liability Company

Graphic of RightRisk Media Post

 
Limited Liability Companies (LLC) are a creature of statute, recognized in each jurisdiction only by virtue of a legislative enactment in each state. There are three aspects of the LLC that are enticing for new businesses: (1) it can be taxed as a partnership, as a corporation (if such an election is granted by the I.R.S.), or as a disregarded entity if there is only a single member; (2) it is an extremely flexible form of business both in terms of options when creating the business and options about how it is to operate; and (3) it offers all members limited liability.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including Limited Liability Companies.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

USDA Announces Improvements to Livestock Risk Protection

Graphic of RightRisk Newsrelsease

 
USDA’s Risk Management Agency (RMA) today announced changes to the Livestock Risk Protection (LRP) insurance program for feeder cattle, fed cattle and swine starting this summer with the 2021 crop year. Changes include moving premium due dates to the end of the endorsement period and increasing premium subsidies to assist producers.

Click here to learn more…

Enterprise Risk Analysis

Graphic of RightRisk Media Post

 
Enterprise Risk Analysis is an internet-based course including: 1) Self-study materials covering- What is an Enterprise, What is Risk, What is Risk Management, How is Risk Managed, Risk Management Process, Establishing Context, Enterprise Assessment, Risk Analysis, Risk Evaluation, Treatment Implementation, Case Study: Everett Ball Ranch, Case Study: Wilson Ranch, Resource links for further research. 2) Recorded webinar; 3) eBook document for further study; and many other features.

The Enterprise Risk Analysis course is available free of charge at RightRisk.org > Courses.