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farm business

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Catalogue: GRDC Updates
We need to understand the risks better and be more skilled at assessing ways to manage these risks... If we advise farmers, we need to be not only talking about the benefits and costs of our advice, but also what risks are managed or what risks are increased if they take on our advice... The language we need to use with our clients Increasingly, farmers will need to assess the business benefits and costs of the advice they obtain...
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Catalogue: Ground Cover
When Philp Brodie Grains faced potential traffic disruptions from a new neighbour - a Bunnings hardware store - the company reluctantly decided it would have to move... As well as its grain merchant and seed specialist business, Philp Brodie housed a grading and milling operation, Maralong Milling, owned by Philp Brodie directors John Philp and Peter Brodie and local milling stalwarts Ron Plant and Geoff Arthy... As a small producer of soybeans (and mungbeans), Australia's crop is a niche production, which is why the directors say keeping soybeans GM-free is important to their business...
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Catalogue: GRDC Factsheets
Plan your to manage family farm business changes and the earlier we start succession planning, the more options we will have in responding to the needs of family members and their changing involvement in the farm business... KEY POINtS A succession plan can help farming families and farm businesses to successfully manage anticipated and unforeseen changes in both their family and the business... A long-term strategy having a succession plan is a strategy to help family farm businesses prepare for the long-term transfer of responsibilities, capacity, management, ownership and control of a farm business from one generation of the family to the next...
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Catalogue: GRDC Factsheets
Plan your to manage family farm business changes and the earlier we start succession planning, the more options we will have in responding to the needs of family members and their changing involvement in the farm business... KEY POINtS A succession plan can help farming families and farm businesses to successfully manage anticipated and unforeseen changes in both their family and the business... A long-term strategy having a succession plan is a strategy to help family farm businesses prepare for the long-term transfer of responsibilities, capacity, management, ownership and control of a farm business from one generation of the family to the next...
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Catalogue: GRDC Updates
1. Harvard Business School of Management states businesses who have an ongoing commitment to the management of succession planning and people management strategies in their businesses are on the whole 30% more profitable... The two could not be more opposite; it is inevitable that without understanding these two diverse systems issues will arise... Conflict is a very healthy ingredient to any progressive business, how it is handled and managed is the key to positive change and there would not be a family or business we work with who don't experience some form of conflict on their journey of successfully transitioning their business...
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Catalogue: GRDC Media
Tom Taylor, Head of International Economics with NAB, will headline the Grains Research and Development Corporation (GRDC) Farm Business Update on September 15... Farmers looking to improve their enterprises are being encouraged to attend the Farm Business Update which will provide a unique opportunity for growers and advisers to learn from and network with leading industry professionals... Caption: GRDC Southern Regional Panel chair Keith Pengilley says the Farm Business Update at Horsham will feature a line-up of expert speakers who will provide advice on a number of issues that have an impact on the bottom line...
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Catalogue: GRDC Media
Research into risk management in mixed farm businesses has highlighted the benefits of focusing on the 'range' of values for key profit drivers when planning or budgeting, not just 'averages'... The importance of considering what happens at the 'extremes' was discussed with Western Australian consultants and farmers attending recent Grain & Graze 2 events, including 'Optimising Farm Business Risk' workshops in the grainbelt... Planfarm consultant and 'risk and uncertainty' project leader Danielle England said the traditional use of averages and 'static values' for profit drivers - including yield, price and cost - tended to over-estimate profits and hide the range, or volatility, in those profits. "..
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Catalogue: GRDC Media
Tom Taylor, Head of International Economics with NAB, will headline the Grains Research and Development Corporation (GRDC) Farm Business Update on September 15... Farmers looking to improve their enterprises are being encouraged to attend the Farm Business Update which will provide a unique opportunity for growers and advisers to learn from and network with leading industry professionals... Caption: GRDC Southern Regional Panel chair Keith Pengilley says the Farm Business Update at Horsham will feature a line-up of expert speakers who will provide advice on a number of issues that have an impact on the bottom line...
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Catalogue: GRDC Final Reports
A web-tool has been developed to facilitate the analysis of profitability performance to growers... The web-tool currently has consistent data from 135 growers across the Southern and Western regions over a five year analysis period... The project has provided the opportunity to extensively consult with growers about the notion of 'best practice' and improved profitability remains the key performance objective...
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Catalogue: GRDC Media
GRDC Southern Regional Panel chair Keith Pengilley says the Farm Business Update on September 10 will feature a line-up of expert speakers who will offer insights and practical strategies to assist growers in building and maintaining successful farm enterprises... "The GRDC's Farm Business Updates are aimed at increasing grower and adviser understanding of and capacity in farm business management, which is a critical part of any farming enterprise," Mr Pengilley said... The University of Sydney's Robert Fitch will offer a glimpse into the future of robotics in broad acre farming, before the day concludes with Dennis Hoiberg from Lessons Learnt Consulting discussing practical strategies to increasing business and personal resilience...
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