Michigan State University Extension has developed a set of free software to help users evaluate their nursery businesses from a financial perspective. “Estimating the Wholesale Cost of Nursery Production” is a spreadsheet-type of software tool that allows users to use their to estimate production costs and explore opportunities for cost savings.
The two blank spreadsheets (25 and 50 crops), an example spreadsheet and an auto-tutorial video are now located on the MSU Farm Information Resource Management (FIRM) website under Budgets, Cost of Production and Decision Making Tools. Scroll down the page to the “Fruit, Vegetable, Nursery, Orchard, Greenhouse” section and the spreadsheets and video will be located there.
Using the spreadsheet designed to run with Microsoft Excel, growers can input current costs from tax returns, invoices and quotes to estimate cost of production and project sale prices on a per plant basis for each enterprise. The spreadsheet was designed to provide adequate flexibility to enable individual nurseries to use it for their specific operation. The spreadsheet has 10 interlinked worksheets.
For additional information, contact at firstname.lastname@example.org or 616-994-4542.