RightRisk is an Extension education program which has been offered across the western United States since its inception in 2002. Team members offer programs using portable computer labs and web-based software to managers located in remote locations from the bottom of the Grand Canyon to the windswept-plains of Wyoming.
Program offerings have expanded beyond the risk simulation – Ag Survivor – to include a ten-step process for strategic risk management with accompanying tools for implementation. Additional courses covering dimensions of risk management have been developed, including: Rural Enterprise Feasibility and Taxes for Agricultural Enterprises.
The enterprise feasibility course covers Agricultural and Rural Enterprises: definition and common traits, alternative enterprises, level of interest and SWOT analysis; Selecting and Planning for Alternative Enterprises: assessing feasibility, competitive analysis, and business planning; and Assessing Risks: risk preferences, sources of risk, and risk management strategies. The taxes for agricultural enterprises course covers the Definition of a Farm, The Importance of Records, Farm Income, Farm Expenses, and Tax Management.
The RightRisk team is dedicated to providing hands-on solutions to risk management issues faced by agricultural enterprise managers. These two, new courses offer useful and relevant risk management information to the new, beginning, or smaller manager.
|2007 National Extension Risk Management Education Conference