CHASE HIGH SCHOOL Finding Your SAE!

What is an SAE? Supervised Agricultural Experience All supervised agricultural experiences conducted outside of the regularly scheduled classroom or lab. Makes up the third part in the total ag. program

Purpose of an SAE Provides opportunities to explore a variety of subjects about agriculture Provides educational and practical experience in a specialized area of agriculture

Purpose of an SAE cont. Provides opportunities for earning while learning Teaches students to keep good records in a record system. Win SAE awards….example: proficiency awards

Types of SAEs Exploratory Entrepreneurship Placement Improvement Supplementary Analytical Experimental

Exploratory Short duration, usually fits beginning students well Helps students become literate in agriculture Learn of possible careers What are some examples of an Exploratory SAE??

Entrepreneurship Ownership or part-ownership and assume financial risk. Helps you to develop skills necessary to become established in one’s own business Could be one of two types:  Production entrepreneurship  Agribusiness entrepreneurship

Placement Students are placed with an employer Usually paid an hourly wage What are some examples of a Placement SAE?  Farm  Ranch  Greenhouse  Vet center  florist

Improvement Activities Activities are done to improve the appearance, convenience, efficiency, safety or value of a home, or other agribusiness facility.  No wages  No ownership  Benefit by learning skills

Examples of Improvement Activities Landscaping your home Building a fence Painting a room

Supplementary Activities Short-term activities outside of classroom time Skill specific, non-wage Examples:  Changing oil in a mower  Pruning a fruit tree

Analytical Students choose an agricultural problem not easily tested by experimentation - Students gather and evaluate data Example:  Marketing plan for poinsettia crop

Experimental Students conduct an agricultural experiment using the scientific method Example: comparing effects of different types of dog food on dogs’ health

Scientific Method 1. Background Research- look through data, and other experiments performed. 2. Purpose- What is the purpose of this Experiment? 3. Hypothesis- Educated guess of what you think the outcome of your experiment will be. 4. Procedure- How are you going to carry out this experiment? 5. Experiment- Actually perform the experiment(s)

Scientific Method cont. 6. Analysis- look over the data that you have collected during the experiment. What happened? 7. Conclusion- end the experiment by seeing whether or not your outcome matched your hypothesis what happened if they didn’t match up? 8. Review of Literature- a report of previous work that pertains to your project background information that you used as you designed your project.

Factors to Consider When Selecting a Career Standard of living - Pay: How much do you expect to make? -Location: Where do you want to live/work Personal contact: Do you want to work more with: - People - things (computers, landscaping)

Factors Cont. Educational requirements - High School diploma? - College Degree? Practice experiences or skills required -what you need to know how to do Location of employment - Where do you want to work? - Work environment

Factors Cont. What are your interests, likes and dislikes? Working conditions - example: pet store; if you are allergic to cats, you don’t need to work in a pet store.

Factors Cont. Working hours and time for leisure activities Retirement benefits Your health and happiness

Steps in Choosing a Career Consider your interests, abilities, and other characteristics. Narrow the field of jobs: Example: Animals Small Animals Vet

Steps Cont. Study the requirements of the job: get good information - what’s needed: degrees, experience, transportation Have a Back-up Plan - your first choice may not work out.

Steps Cont. Make a Plan for Career Preparation - early career planning can help you take the right courses in high school Be willing to pay the price for success - education, dedication

Steps Cont. Get work experience - SAE, coop., part-time job

Career Development Plan What are your Career Development Plans?

Current Assets Current assets: Items that can quickly be converted to cash or that will be sold within 12 months Examples: harvested crops, feed, market livestock and poultry

Non-Current Assets Non-current assets: items that have a useful life of more than one year and are used in the business Examples: Land, tractors

Total Assets Total Assets= current assets + non-current assets Example: harvested crops + land = Total Assets

Assets Items of value owned by the student or owner Key Words to look for:  Worth  Valued  Inventory  On Hand

Liabilities What the student or operation owes. Example: Credit bill at a feed supply store. Key Words to look for:  Owed  Another Company  Taxes

Net Worth Net Worth = total assets – total liabilities Net worth is the same as??  Equity

Depreciation The loss of value of an item. Example:  A tractor worth $4,000 depreciates $250 per year, so after 5 years, how much would the tractor be worth?  $2,750

Current Liabilities Current Liabilities: accounts and notes payable, this year’s part of non-current liabilities -examples: car payment, credit card payments, power bills

Non-Current Liabilities Non-current liabilities: mortgages and other debts not due this year - examples: land/real estate mortgages

Total Liabilities Total Liabilities = current liabilities (debt) + non- current liabilities (debt) Example: Total Liabilities = car payment + land payment

Debt-to-Equity Ratio = Total Liabilities / Net Worth