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Catalogue: GRDC Publications
2013 GRDC Farm Business Update for Growers and Advisers - Launceston 77 Once we introduced this strategy to our clients not only did it save them tax initially we noticed another interesting phenomenon and this is demonstrated in the figure below... To encourage reflection, a program or timetable is required to ensure reflection takes place... (Please circle) YES/NO 2013 GRDC Farm Business Update for Growers and Advisers - Launceston 109 5 - Please indicate your degree of satisfaction with the presentations on a scale of 0 to 10 where 0 is totally unsatisfacto,r 5yis moderately satisfactory and 10 is totally satisfactory in regards to: a)How relevant the information presented is to you in working with your rural clients b) How easy it was to understand c)How useful it will be to you when workingwith your clients Easy to Relevance Usefulness Comment understand Local, National and global economic outlook and the potential impact for Tasmanian agriculture Saul Eslake ............................................... ............................................... .................................................
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Catalogue: GRDC Publications
2013 GRDC Farm Business Update for Growers and Advisers - Launceston 77 Once we introduced this strategy to our clients not only did it save them tax initially we noticed another interesting phenomenon and this is demonstrated in the figure below... To encourage reflection, a program or timetable is required to ensure reflection takes place... (Please circle) YES/NO 2013 GRDC Farm Business Update for Growers and Advisers - Launceston 109 5 - Please indicate your degree of satisfaction with the presentations on a scale of 0 to 10 where 0 is totally unsatisfacto,r 5yis moderately satisfactory and 10 is totally satisfactory in regards to: a)How relevant the information presented is to you in working with your rural clients b) How easy it was to understand c)How useful it will be to you when workingwith your clients Easy to Relevance Usefulness Comment understand Local, National and global economic outlook and the potential impact for Tasmanian agriculture Saul Eslake ............................................... ............................................... .................................................
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Catalogue: GRDC Publications
Costs - Interest Paid is at record levels Costs - Bank Lending is starting to decline 2013 GRDC Farm Business Update for Growers and Advisers - Wagga Wagga 66.. Today's pulses have better disease resistance, much improved weed control options and market volatility is arguably no worse than that of wheat or canola... In summary, with appropriate management, pulses are far more profit than pitfall!..
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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
The items that have greatest impact on profit are the commodity prices that are achieved, the amount of commodities produced and what it costs to run the business in that year... The results shown in Figure 1 indicate the relative importance that a 5% shift has on business profits... There is a need to get smarter at obtaining this information to drive farm business profits...
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Catalogue: GRDC Updates
At a recent Grain and Graze farmer group discussion held at Ardrossan a Case Study farm was used to assess the impact of some strategic decisions such as the purchase versus lease of land... The same approach is used in this paper... The spread of results will increase as the greater number of paddocks is swapped opportunistically from a low gross margin to a higher gross margin crop...
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Catalogue: GRDC Updates
Unlike other types of calculations that produce just one number, this analysis produces a range of FOPs based on the interaction of a number of 'risky variables'... In the analysis the FOP result are presented in bands but the range is from 25% to 75% (representing the range 50% of the time or 1 year in 2) and the 5% to 95% band (representing the range 90% of the time or for 9 years in 10)... The certainty equivalent values for the five enterprise mixes presented earlier are calculated for five levels of risk (figure 5)...
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Catalogue: GRDC Updates
One sibling, who decides to become the farmer, or is chosen, is required or chooses to buy out his/her sibling(s) in order to "get" the farm... The client decides on a way forward and we help develop an action plan to ensure a smooth transition... Often a timely intervention as the result of a referral can save a farm family from considerable future stress and anguish...
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Catalogue: GRDC Factsheets
Profit and loss is the the true measure needed to determine business long-term sustainability... While the commodity sales income is relatively straight forward to assess, inco of lamb ewes were held back to build up the breeding ewe component of the A profit and loss needs to value this 'one-off' increase in retained ewe lambs (.. Return on capital is calculated by farm EBIT divided by total assets owned...
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Catalogue: GRDC Factsheets
Profit and loss is the the true measure needed to determine business long-term sustainability... While the commodity sales income is relatively straight forward to assess, inco of lamb ewes were held back to build up the breeding ewe component of the A profit and loss needs to value this 'one-off' increase in retained ewe lambs (.. Return on capital is calculated by farm EBIT divided by total assets owned...
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