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Catalogue: Nuffield Scholar Reports
4. There is a need for strong leadership amongst dairy farmers, advocacy bodies and companies to ensure they think outside the square to meet the future challenges and opportunities... The theory suggests that the co-operative can serve the members' interests by taking produce to markets and extracting a better price from the market place than its competitors due to economies of scale... The model should be structured to extract the best farm gate returns for its members and also have the processing capacity to achieve the right balance of products to return a competitive dividend...
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Catalogue: GRDC Updates (South)
Influences on costs and profit Profit is driven by income and costs the impact on income should be considered when changing costs. '.. If the farmer you are working with is under stress of some sort, either financially or personally, they may ignore advice given and become more conservative in their approach to change... , most farmers have not received any formal training in research skills or decision analysis and are ill equipped to collect an exhaustive supply of information on a subject for analysis...
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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
Have a deep understanding of the key profit drivers within your business.. Surround your business with highly skilled and trusted advisors.. Research, question, listen and then apply after considerable thought is given...
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Catalogue: GRDC Updates (South)
Influences on costs and profit Profit is driven by income and costs the impact on income should be considered when changing costs. '.. SAF is totally reliant on all operations to be undertaken by the contractors mutual obligation to each party is very strong - my preferred terminology of a `partnership`... I have always provided a worksheet to staff listing not only the salary, but also the other cash components of the package such as superannuation, housing, power and phones...
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Catalogue: GRDC Updates (South)
Recognising the importance of enterprise management in improving grain grower incomes, the GRDC is continuing its series of farm business management forums at which growers and other grains industry professionals can access valuable information and resources to support them in their business decision-making... Dennis Hoiberg, Lessons Learnt Consulting 4.30pm Drinks compliments of 2013 GRDC Farm Business Update for Advisers - Bendigo 7.. Seek out (rather than avoid) clientcontact experiences, and take personal risks with clients rather than avoid them...
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Catalogue: GRDC Publications
Recognising the importance of enterprise management in improving grain grower incomes, the GRDC is continuing its series of farm business management forums at which growers and other grains industry professionals can access valuable information and resources to support them in their business decision-making... Dennis Hoiberg, Lessons Learnt Consulting 4.30pm Drinks compliments of 2013 GRDC Farm Business Update for Advisers - Bendigo 7.. Seek out (rather than avoid) clientcontact experiences, and take personal risks with clients rather than avoid them...
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Catalogue: GRDC Updates (South)
The adoption of a production system where only crops have to be managed, can be rationalised on the basis that a manager is likely to perform better in an area in which he or she specialises and prefers... Managers need to focus on the unit Cost of Production (before interest), or Break Even Price (after interest), to ensure that there is sufficient margin between these figures and their expected returns... It is appropriate that when a property is purchased, a qualified assessor be engaged to provide a depreciation and capital works report...
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Catalogue: GRDC Publications
At Agrimaster, we use a set of powerful business tools to breakthrough barriers so you can see where you are 'now', 'where' you want to go and 'how' you are going to get there... As a farm becomes bigger and involves another generation, there is a need to turn our attention to the people inside the organisation and the formalities, such as job descriptions, staff reviews, training, individual equity in the business etc., needed to foster their individual long term growth and development... Matters discussed include financial position, strategic direction, operational challenges and structural and personal desires of partners, including succession planning...
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Catalogue: GRDC Publications
2013 GRDC Farm Business Update for Growers and Advisers - Adelaide 20 Financial policy and markets: bonds sell off but no crash, search for yield in equities and properties, $A most likely path signi cantly lower... We conduct basic and applied research using both ground robots and aerial robots that is helping to shape the future of farm mechanisation... 2. When N is limiting yield, if a legume break crop is grown 2013 GRDC Farm Business Update for Growers and Advisers - Adelaide 37..
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