There are many factors to consider before starting a new farm enterprise. Financial management is an important component in the startup and decision-making processes for beginning farmers. The purpose of this series of publications is to inform Virginia agribusiness owners and managers about farm financial risk management tools, techniques, and resources available to help them prepare and use a financial systems approach for their operations.

There are many factors to consider before starting a new farm enterprise. Financial management is an important component in the startup and decision-making processes for beginning farmers. The purpose of this series of publications is to inform Virginia agribusiness owners and managers about farm financial risk management tools, techniques, and resources available to help them prepare and use a financial systems approach for their operations.

The purpose of this publication is to help improve buyer understanding of retail meat and poultry product labels using text and infographics. Each infographic contains basic facts and straightforward definitions of common words and phrases included on labels used on meat and poultry products found in grocery stores nationwide.

This publication and an accompanying publication provide information to help consumers understand and interpret labels on meat and poultry products, and help producers understand how they may use labels to differentiate their products and increase their profit margins. The labels discussed in this publication are specific to certain types of meat (beef and lamb) and poultry.

Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health.

Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health. Tracking your financial health is as important to your well-being as taking care of your physical health. As part of the Your Financial Health series, this publication will help you interpret your Balance Sheets and Cash Flow Statements and utilize several financial management ratios that will help you understand and assess the state of your financial health. For a review of balance sheets and cash flow statements, see VCE publications Your Financial Health – Balance Sheets and Your Financial Health – Cash Flow Statements.

Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health.