Farm business models – why consider a change

GRDC

Type: PDF
Knowledge level: Introductory

Farm Table says:

Start to think differently about your family farm model by starting with this factsheet

This factsheet draws on a corporate farming business approach to managing costs and risks.

The report states that modifying the family farm model, or developing an alternative model can deliver greater flexibility and rewards.

Benefits include:

  1. enhanced profitability by improving cost structures and access to resources
  2. more effective risk management through sharing risk with other parties
  3. business succession
  4. increased access to capital for growth and operation, reducing reliance on debt funding.
2016 - Australia - GRDC
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