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business growth

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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: Nuffield Scholar Reports
Products may be identified by proprietary or trade names to help readers identify particular types of products but this is not, and is not intended to be, an endorsement or recommendation of any product or manufacturer referred to... The schemes are often viewed as a box-ticking exercise by management within the business and the degree of ownership or buy-in from management and staff is low... Overall, the increasing scarcity of arable land, water constraints and rising input and energy costs in agriculture all serve to highlight the critical importance of achieving higher agricultural productivity in a more sustainable manner both at the farm level and upstream and downstream sectors of the food supply chain" (OECD/Food and..
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Catalogue: Ground Cover
Procedures keep the business engine running.. Tasmania's Michael Chilvers sees business procedure as the essence of a sustainable and flexible enterprise... While Michael spent 22 weeks travelling through 16 countries (including Chile, China, New Zealand, Russia, Ukraine and Uruguay, as well as others in Europe and North America) studying farming business management structures, his wife Fiona managed their 1080-hectare mixed farm south of Launceston...
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Catalogue: GRDC Factsheets
UsiNg PrOfiT TO mANAge vOLATiLe BUsiNess PerfOrmANCe.. Determining where to allocate your profits it is easy to get confused about yearly business profits when the accountant's financial statements show a taxable income profit and your bank balance shows a loss... Ways to increase equity through use of profit: debt repayment; farm management deposits; supperannuation contributions; capital investment in land, machinery or improvements; off-farm investments such as real estate or shares; and business expansion, including leasing or share farming...
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Catalogue: Ground Cover
Procedures keep the business engine running.. Tasmania's Michael Chilvers sees business procedure as the essence of a sustainable and flexible enterprise... Michael explored how developing a systems approach (regular or codified procedures) for the complexities of a farm business creates decision-support tools that can: aid succession planning; identify opportunities to diversify, specialise or expand; enable repeatability and product consistency; help secure external investment; and give employees the knowledge and confidence to make responsible decisions...
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Catalogue: GRDC Media
Farm business management in focus at Cummins forum Key points: Eyre Peninsula grain growers and their advisers will converge on Cummins this month to discuss opportunities for boosting profitability through farm business management disciplines and practices... Agronomy, plant breeding and practices in the field aren't the only pathways to improved profitability - farm business management can have a direct influence on increasing farm-gate returns," Mr Shannon said. ".. The GRDC is well aware of this fact and is hosting the Update in Cummins as a means of providing growers and advisers with information and resources to assist in maximising potential from farm enterprises. "..
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Catalogue: GRDC Media
Farm business management in focus at Cummins forum Key points: Eyre Peninsula grain growers and their advisers will converge on Cummins this month to discuss opportunities for boosting profitability through farm business management disciplines and practices... Agronomy, plant breeding and practices in the field aren't the only pathways to improved profitability - farm business management can have a direct influence on increasing farm-gate returns," Mr Shannon said. ".. The GRDC is well aware of this fact and is hosting the Update in Cummins as a means of providing growers and advisers with information and resources to assist in maximising potential from farm enterprises. "..
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Catalogue: Ground Cover
For Phil O'Callaghan, managing director at ORM, it illustrates why it is important for growers to understand clearly the difference between their taxable income and cash-flow surplus: "It's the business's annual cash-flow surplus, or lack thereof, that will impact on decisions about how and when to make discretionary allocations," he says... In other words: the important business decisions should be driven by tax planning... Personal tax returns for individuals are in addition to business taxable income and include income from wages and personal assets as well as deductible items such as farm management deposits (FMDs) and superannuation...
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