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Catalogue: GRDC Updates
When we examine just the top 25 per cent of farmers we see that they still have a large variability in their returns in individual years... The highlighted results in Table 1 show the years in which these businesses generated exceptional returns... We have used an ROC of greater than 10 per cent as a measure of this...
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Catalogue: GRDC Updates
Acceptance and adoption of advice varies with each individual business... 'gut feel' is often the result of their own analysis of knowledge gained through talking to their peers and advisers, then tailoring advice, and their own experience and knowledge, to their individual circumstances... phil@orm.com.au < Keep browsing 0 Responses to Turning advice into profit - the opportunities..
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Catalogue: GRDC Factsheets
Farmers often sacrifice personal income so money can stay in the farming business to fund working capital requirements... Since the expense item is not tax deductible and is not required by the accountant in order to complete the farm's tax assessment, this major expense is not necessarily recorded... Although debt free, this farm did not grow in the 30 years it was managed by his father...
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Catalogue: GRDC Factsheets
Farmers often sacrifice personal income so money can stay in the farming business to fund working capital requirements... Since the expense item is not tax deductible and is not required by the accountant in order to complete the farm's tax assessment, this major expense is not necessarily recorded... Although debt free, this farm did not grow in the 30 years it was managed by his father...
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Catalogue: GRDC Factsheets
Farmers often sacrifice personal income so money can stay in the farming business to fund working capital requirements... Since the expense item is not tax deductible and is not required by the accountant in order to complete the farm's tax assessment, this major expense is not necessarily recorded... Although debt free, this farm did not grow in the 30 years it was managed by his father...
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Catalogue: GRDC Media
ORM Agricultural Management Managing Director Phil O'Callaghan has told Grains Research and Development Corporation (GRDC) Farm Business Updates that the costs of production are increasing more rapidly than the value of their production, putting more financial pressure on margins and profits... "Costs are increasing at a faster rate than the actual value of our commodities we're producing, so when fine tuning the operation and profitability of the business, the challenge for inpiduals is to decide whether they should continue to produce more tons at tighter margins or should they review inpidual farming systems with a view towards reducing whole of business costs.".. Profit potential is managed by applying new technologies to increase farm scale and improve efficiencies overall when whole of business costs are high and income is variable due to Australian seasonal volatility, then large financial losses occur in some years."..
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Catalogue: GRDC Factsheets
The checklist will help you get an appreciation of your current level of understanding of farm business management and identify areas you may want to focus on... There are references to recent GRDC Farm Business Management Fact Sheets to provide you with suggestions and guidance on improving your farm business management skills... 1. Strategy - setting direction and overseeing your business...
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Catalogue: GRDC Factsheets
The checklist will help you get an appreciation of your current level of understanding of farm business management and identify areas you may want to focus on... There are references to recent GRDC Farm Business Management Fact Sheets to provide you with suggestions and guidance on improving your farm business management skills... 1. Strategy - setting direction and overseeing your business...
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Catalogue: GRDC Factsheets
The checklist will help you get an appreciation of your current level of understanding of farm business management and identify areas you may want to focus on... There are references to recent GRDC Farm Business Management Fact Sheets to provide you with suggestions and guidance on improving your farm business management skills... 1. Strategy - setting direction and overseeing your business...
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Catalogue: GRDC Factsheets
The checklist will help you get an appreciation of your current level of understanding of farm business management and identify areas you may want to focus on... There are references to recent GRDC Farm Business Management Fact Sheets to provide you with suggestions and guidance on improving your farm business management skills... 1. Strategy - setting direction and overseeing your business...
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