GRDC's Farm business management fact sheets
GroundCover™ Supplement Issue: 107 | 04 Nov 2013
As part of GRDC's Farm Business Management Initiative we are working on a number of fronts to increase grower, adviser capacity in farm business management. One major initiative is the production of fact sheets to assist growers and advisers in understanding the capacity, strengths and weaknesses of the farm business enterprise.
Farm business management accounting fact sheets:
Farm business overview – How do you keep track of your farm business performance?
What your tax return tells you – How much does your tax return tell you about your business?
Key financial ratios – Understanding your key financial ratios helps manage your farm business sustainability
Cost of production – what is your business cost of grain, wool and meat production?
Cash flow budget – How do I know if my business has adequate funds?
Crop gross margin budget – Do you know the relative profitability of your farm's enterprises?
Livestock gross margin budget – Do you know the relative profitability of your farm's enterprises?
Profit and loss budget – How do I know if my business is viable?
Balance sheet – How secure is your farm business?
Running the farm business enterprise fact sheets:
Filling the farm labour gap
Are you a good labour manager?
Recruiting and inducting new employees
Improving time management and labour efficiency
Making effective business decisions
Farm business risk profiles
Farm health: Building emotional resilience
To access information on GRDC-supported profit and risk management publications and activities go to: www.grdc.com.au/farmbusinessmanagement
This is the end of Ground Cover supplement issue #107.
Read the accompanying Ground Cover issue #107 here
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