The Grains Research and Development Corporation (GRDC) has published a new Farm Business Fact Sheet to assist grain growers contemplating a change to the way their businesses operate. The Farm Business Models Fact Sheet provides information on how to move to tailored, alternative farm business models which have the potential to produce a more profitable and resilient farm business.
The Fact Sheet states that alternative farm business models can enhance profitability, provide more effective risk management (by sharing the risk with others) and assist with business succession.
The Fact Sheet – which outlines the structure and benefits of alternative farm models, details a successful corporate-style joint venture in a farming case study, and includes links to useful resources – can be viewed and downloaded here.
Sharon Watt, Porter Novelli