Financial Decision Making Tools for Growers

Financial Decision Making Tools for Growers

Event Name Financial Decision Making Tools for Growers
Start Date Aug 6, 2018 11:00 am
End Date Aug 6, 2018 1:30 pm
Duration 2 hours and 30 minutes
Description <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0"><p><span style="background-color: initial; font-size: 15pt; color: rgb(50, 50, 50);">K</span><strong style="font-size: 2em; background-color: initial;"><span style="font-size: 15pt; font-family: Helvetica, sans-serif; color: rgb(50, 50, 50);">winana East: Financial Decision Making Tools for Growers</span></strong><br></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">How do you make decisions about what you are going spend money on first? Would it be lime, stock feed, a machinery shed or a new header? You only have a finite amount of money.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">GRDC's Kwinana East port zone RCSN members identified that, after last year’s difficult season, they needed to better understand their constraints and how best to invest limited resources to give them the best ‘bang for buck’.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">They recognised that the health of farm balance sheets can restrict investment and wanted advice about tools and options to help prioritise expenditure - given limited capital resources.</span></p><p><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">As a result, several workshops are being run in this region to upskill growers about how to identify the constraint with the best return on investment (ROI) so this can be targeted for farm business spending.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">The workshops will be presented by well-known farm business consultants Brent Searle and David Williams, of BJW Agribusiness, and will start in August.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">Brent has had a long career in the agricultural and finance sectors since graduating from university, and has a strong banking background. He is now consulting to a wide range of broadacre, dairy and horticultural clients in WA - focusing on farm business management services to growers and assisting clients to achieve their goals.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">David has worked in the WA grainbelt since graduating from university and has a core focus on farm business management services to growers.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">He provides advice to clients about production and farm business management and undertakes farm management services for absentee landowners in WA.<o:p></o:p></span></p><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">The upcoming Kwinana East port zone ‘Financial Decision Making Tools for Growers’ workshops are free, but you must register via&nbsp;</span><span style="font-size: 10pt; font-family: Helvetica, sans-serif;"><a href="http://mail.grdcsubscribers.com.au/lz/lz.aspx?p1=0577681S6848&CC=&w=42904&cID=0&cValue=1"><span style="color: rgb(0, 121, 69);">this link</span></a><span style="color: rgb(46, 42, 37);">&nbsp;and following the links. Dates for the diary are:</span><o:p></o:p></span></p><ul type="disc"><li class="MsoNormal" style="color: rgb(46, 42, 37);"><span style="font-size: 10pt; font-family: Helvetica, sans-serif;">August 6 - Bruce Rock shire supper room (11am-1.30pm, followed by GRDC’s RCSN ‘Open Forum’ from 2-6pm)<o:p></o:p></span></li><li class="MsoNormal" style="color: rgb(46, 42, 37);"><span style="font-size: 10pt; font-family: Helvetica, sans-serif;">August 7 - Bencubbin Community Recreation Complex (11am-1.30pm, followed by GRDC’s RCSN ‘Open Forum’ from 2-6pm).<o:p></o:p></span></li></ul><p style="margin-bottom: 0.0001pt;"><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">Another three workshops will be delivered in subsequent months - so express your interest.<o:p></o:p></span></p><p style="margin: 0cm 0cm 0.0001pt;"><strong><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">More information:</span></strong><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">&nbsp;Julianne Hill, RCSN coordinator,&nbsp;<a href="mailto:regionalcroppingsolutions@gmail.com;%20subscribers@grdc.com.au?subject=RE:%20GRDC%20Paddock%20Practices%20Enquiry"><span style="color: rgb(0, 121, 69);">regionalcroppingsolutions@gmail.com</span></a>; or Brent Searle, BJW Agribusiness,&nbsp;<a href="mailto:brent@bjw.net.au;%20subscribers@grdc.com.au?subject=RE:%20GRDC%20Paddock%20Practices%20Enquiry"><span style="color: rgb(0, 121, 69);">brent@bjw.net.au</span></a>&nbsp;<o:p></o:p></span></p><p><strong><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">GRDC Project Code:</span></strong><span style="font-size: 10pt; font-family: Helvetica, sans-serif; color: rgb(46, 42, 37);">&nbsp;BJW1804-001SAX<o:p></o:p></span></p></table>