Hands-on Training: UMD's Online Economic Spreadsheet Tool for Oyster Aquaculture

Being able to accurately determine costs and returns in business allows you to plan to maximize potential profit and determine expenses, cash flow, and other important aspects of management. In a business with as many risks as aquaculture, this is a wise choice to begin your business planning. This online tool will allow you to do “what if” scenarios when planning your business. As you gain more accurate figures from the operation of your business it will be a valuable tool to track and make better projections for fine-tuning it.

Attend this workshop to get hands-on training with the tool and interpretation of the results.  Time will be provided for attendees to use the tool and ask questions.

Attendees should bring a WIFI-enabled device to access the tool during the workshop.

Lunch will be provided.

If you need a reasonable accommodation to participate in this event, please contact Matt Parker (mparke11@umd.edu or 301-226-7436) before March 26, 2024.