Business Planning Guide for Farmers Recovering from Drought

Farm Table says:

The guidelines in this report have been tailored specifically for those businesses which have very limited finances to fund a cropping programme for the coming season.

Guide to planning for drought

This report was constructed to assist growers and advisers in making the complex decisions that will be necessary in planning and implementing strategies to manage the threats such as drought and opportunities that come with farming. The aim is to minimise costs and risks rather than maximise profit.

The report covers the following:

  • A decision cycle for the coming season
  • Step by step approach
  • Assess the financial condition of your business and discuss it with your financier
  • Plant the detail of your cropping program
  • Low cost livestock management
  • Cost your proposed program
  • Negotiate with your financier for funds to undertake your work plan
  • Monitor all crops and pastures closely for weed and diseases
  • Review your Ag Marketing options as the season progresses
  • Issues to consider
  • Building emotional resilience
  • Risk management
  • Financial management
  • GRDC Fact Sheets
  • Understanding banks approach to farm business
  • What you tax return tells you
  • Farmer Health – Taking control of your personal health
  • Farmer Health – Building emotional resilience

Contact details for GRDC

Name: GRDC

Email: toni.somes@grdc.com.au

Contact Name:Toni Somes

Types
Bradley Dawson
Bradley Dawson

Bradley is a seasoned copywriter at Farm Table, bringing decades of experience in journalism and content creation. Formerly a producer and journalist for the Telstra Sports website, he has honed his skills in crafting engaging and informative content. Now, he applies his expertise to the Australian agriculture sector, delivering high-quality writing that informs and supports the Australian farming community.

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