Price volatility
in recent years, particularly in the grain markets, has led to
difficulties for landlords and tenants to successfully determine
and negotiate appropriate rental arrangements. This series of
day-long workshops is being offered throughout Kansas to help
landlords and tenants manage the risk associated with rental
arrangements. Each workshop will be comprised of four parts. The
first part will help participants better understand different
rental arrangements, including cash rent, share rent, and the
recently popular flex-rent arrangement, where rental rates can
“flex” depending on changes in prices, yields, or both. The
second part will include a discussion of ethics of leasing. The
third section will provide computer training in using Excel
spreadsheets. Finally, participants will be introduced to
examples of alternative leasing scenarios and a decision-making
tool,
KSU-Lease,
will be demonstrated. Participants will then have the
opportunity to sharpen their skills via hands-on computer
application sessions
INSTRUCTORS:
Dr. Kevin Dhuyvetter
Dr.
Rich Llewelyn
SCHEDULE (For
most programs: Check Brochure above for local times)
TIME
TOPIC
9:00 - 9:30 am
Registration
9:30 - 11:00 am
Introduction
to Rental Arrangements-
Dr. Kevin Dhuyvetter
Discuss types of leases available to producers, including cash rent,
share rent, and flex-rent., as well as examples of each.
11:00 - 11:15 am
Break
11:15 - 12:00 am
Ethics
of Leasing - Dr.
Kevin Dhuyvetter
Discuss the ethics of leasing from both sides of the situation and also
show how an ethical approach will achieve the best leasing situation in
the long-run.
12:00 - 1:00 pm
Lunch
1:00 am - 1:45 pm
Using Excel Spreadsheets -
Dr. Rich Llewelyn
Demonstrating and using Excel spreadsheets, including some of the more
helpful aspects and functions of spreadsheets for application in a
business operation. Includes hands-on use.
1:45 - 2:45 pm
Using
KSU-Lease.xls - Dr.
Kevin Dhuyvetter
Workshop participants learn how to use
KSU-Lease.xls,
a spreadsheet decision tool developed to assist landlords and tenants in
their ability to determine an equitable lease. The Excel spreadsheet
skills and the scenarios from the previous session will help
participants to evaluate their own situation and create a lease
appropriate for their operation.
2:45 - 3:00 pm
Summary and Questions
3:00 pm
Adjourn
For more information, contact Rich Llewelyn at the phone or email below: Phone: 785-532-1504
Email:
rvl@ksu.edu
Notice of Nondiscrimination
Kansas State University is committed to nondiscrimination on the basis of race,
sex, national origin, disability, religion, age, sexual orientation, or other
non-merit reasons, in admissions, educational programs or activities and
employment (including employment of disabled veterans and veterans of the
Vietnam Era), as required by applicable laws and regulations. Responsibility for
coordination of compliance efforts and receipt of inquiries concerning Title VI
of the Civil Rights Act of 1964, Title IX of the Education Amendments of 1972,
Section 504 of the Rehabilitation Act of 1973, the Age Discrimination Act of
1975, and the Americans With Disabilities Act of 1990, has been delegated to
Clyde Howard, Director of Affirmative Action, Kansas State University, 214
Anderson Hall, Manhattan, KS 66506-0124, 785-532-6220. Revised April 28, 2003.