Course Details

Farm Finances

VEGSM01

This program has been designed for farm owners and senior leaders to understand farm finances and managing cash flow. Farm finances are as important as your stock and crops.

Introduction:

Make more money and become a stronger farm owner by learning the language of finance. A knowledge of finance is critical for any successful business operation.

The business owner needs to clearly understand the big financial picture - and make decisions based on numbers and data - in order to make profitable choices.

Target Audience:

This program is designed for senior managers and farm owners. It’s a financial dissection of your farming operation to identify the specific areas where you need to improve.

Learning Outcomes:

You’ll increase revenue by focusing on the highest profit-drivers
You’ll cut costs by spotting and removing hidden money-suckers
You’ll work less because you’ll have enough surplus to hire help
You’ll make more of the good years, so you can stay viable through challenging seasons
You'll significantly reduce the impact of losses in the bad years on the long-term viability of your business
You’ll know your financial position more deeply than ever before and have the skills to truly take control of your business

Learning Methods:

Program Benefits:

Content:

What the long-term financial goals of your farming business truly are, so you know why all this hard work is worth it
How to use long-term financial strategies to inform short-term decisions that move you in the right direction
How to define and measure the financial key performance indicators (KPIs) for your farm, to ensure you’re making progress in the right areas
The difference between profit and margins, and why focusing on the wrong one can sabotage financial success
How to look forward and plan for the future before making critical decisions

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Upcoming Workshops

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