Farm business management: Simple and effective business planning

GRDC

Type: PDF
Knowledge level: Introductory

Farm Table says:

Get out of the day-to-day operations for a moment to ensure the overall strategy is on course by engaging with this resource.

GRDC outlines five reasons why you need a business plan. They are:

  1. To get plans out of your head, down on paper and shared with others in your business.
  2. To learn more about why you do what you do and determine what you want to achieve.
  3. To unearth unexpected opportunities and anticipate problems.
  4. As a key resource to monitor progress and brief banks and other external advisers
  5. To be proactive rather than reactive

The report works through setting business objectives, doing a SWOT analysis and setting goals.

2014 - Australia - GRDC
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