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Sea Grant FEN Webinar # 7 - FishBiz: New web-based business tools designed for commercial fishermen


Info about FishBizPlan can be found at:  http://fishbiz.seagrant.uaf.edu/  and https://fishbizplan.org/

This webinar will describe new online tools designed specifically for commercial fishermen interested in better understanding the financial aspects of their fishing businesses. FishBizPlan is a business planning tool developed by a national group of extension experts and fishermen to help commercial fishermen around the nation analyze their businesses through writing a business plan. Dana Morse with ME Sea Grant will describe the importance of using a business plan and introduce the audience to this new online tool.  Embedded within FishBizPlan are several financial spreadsheets (include balance sheets, income statements, and cash flow statements), with categories and calculators created specifically for fishing operations.  These can help provide an even deeper understanding of the financial workings of a fishing business.  Curtis Mahnken from University of Minnesota will outline how and when to use each of these spreadsheets.  Finally, Alaska Sea Grant has created a website called FishBiz, which houses the tools described above, as well as numerous other resources for commercial seafood harvesters. Business publications, podcasts, external links and other tools on this website support new entrants, mid-career fishermen and those planning to exit the commercial fishery. Sunny Rice will provide a brief introduction to this new resource, as well.


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About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

This technology is supported in part by New Technologies for Ag Extension (funding opportunity no. USDA-NIFA-OP-010186), grant no. 2023-41595-41325 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Extension Foundation. For more information, please visit extension.org. You can view the terms of useat extension.org/terms.

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