Know How / Business management

Agriculture is changing rapidly so farmers need the right mix of practical, financial and management skills to drive their businesses forward.

This page will help improve your day-to-day decision-making through better measuring and monitoring, as well as looking at what to consider if making more strategic decisions such as buying land or diversifying.

Key areas of focus:

  • Budgeting, benchmarking and business planning advice
  • Getting the right business structure in place
  • People management and staffing issues
  • How to approach succession planning
  • Expert advice from the Business Clinic team

Latest Know How

BUSINESS MANAGEMENT

How farmers and contractors can pursue poor payers

Managing cashflow is an ever-present challenge. Late payments add an extra complication, and with customers under financial pressure, farmers can find themselves spending more time chasing what is due to…

LIVESTOCK

The importance of proper staff induction on livestock farms

The staff recruitment process does not stop the day a new employee begins work. An induction period is essential to settle someone into their role, familiarise them with the farm,…

BUSINESS MANAGEMENT

Common diversification insurance claims and how to avoid them

Farm insurance covers the policyholder only for farming activities. Cover for alternative enterprises needs careful thought, in terms of both the liability and the potential cost of property damage and…

BUSINESS MANAGEMENT

End of analogue phones - what it means for rural communities

The traditional way of making phone calls is changing, similar to when analogue TV switched over to digital TV between 2007-12. This means the “public switched telephone network” (PSTN) will…

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