Smith County Extension Agent
Management means different things to different people. One thing is for certain, management takes time and work to be successful. Management is getting things done with your finances, people, equipment and land resources available on the farm. Small farm or large farm, managers have some decisions to make.
Planning is a process we all do. Put your plan on paper so you can see what your goals are and so you may refer back to your plan at a later date. Set short term and long-term goals for the farm and set a timeline to complete these goals. Effective goals have five characteristics. They are simple, measurable, attainable, rewarding and timely; or SMART using the first letter of each word to create an acronym.
Develop a mission statement for your farm or ranch. The mission makes the vision a potential and continuing action. An example may be to provide economic and financial stability for my family through producing and marketing high quality calves, vegetables, fruits or other commodity.
Management of the family farm varies from one situation to the next. Goals and resources will vary from individual operation to the next. This goes for large farms as well as small farms. If you are producing something you have an interest in you are more likely to do a better job producing it. A list of budgets managers can use as they develop the plan for the family farm can be found at agecoext.tamu.edu/resources/crop-livestock-budgets/by-commodity.html. These budgets are for crops, fruits, vegetables, hay and forage and livestock to name a few.
Extension programs serve people of all ages regardless of socioeconomic level, race, color, sex, religion, disability, or national origin.