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Get the Max From Your Tax Meet the Family • Harlan and Lena Hoffstedtler live on 60 acres about 20 minutes from town • Harlan commutes each day to his job in town • Lena cares for their three young children – ages 12, 9, and 8 – and manages their small farm
Get the Max From Your Tax Hoffstedtler Farm Counting Sheep: • Small flock of 25 white face ewes and one ram • Sheep graze on 50 acres Fresh from the Garden: • Five acres • Lena sells 3/4ths of the veggies and other crops at a roadside stand and the farmer’s market • The Hoffstedtler’s oldest daughter helps out selling the vegetables
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Agriculture & Business Management R
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Human Element ◦ Likes/Dislikes
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Human Element Heirlooms Business
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A projected state of affairs that a
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Page 11 and 12: To make a profit on the farm every
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Page 33 and 34: Measures the ability of a firm to g
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Page 39 and 40: 1. Farm profitability 2. The abilit
Page 41 and 42: 1. Farm profitability 2. The abilit
Page 43 and 44: 1. Liquidity 2. Solvency 3. Profita
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Page 48 and 49: • Definitions of Agricultural Ent
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Page 52 and 53: • Personal Assessment • Product
Page 54 and 55: • Risk Preferences • Sources of
Page 56 and 57: Authors: Trent Teegerstrom, Univers
Page 58 and 59: Putting All Your Eggs in One Basket
Page 62 and 63: 4-H Gone Hog Wild How It All Began
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Page 66 and 67: Depreciation Calculation • What i
Page 68 and 69: Authors: Rodney L. Sharp, Colorado
Page 70 and 71: History of Federal Crop Insurance 7
Page 72 and 73: The Claims Process 72
Page 74 and 75: www.coopext.colostate.edu/ABM/
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