Gross margin analysis is a critical step in farm planning and decision making. In this workshop, you will take an enterprise focused approach considering both cash flow implications of a variety of enterprise choices, and will also focus on preparing annual cash flow budgets.
This is an interactive one day face-to-face workshop. Participants have the opportunity to interact with facilitator Tony Hudson (Director, Hudson Facilitation), other farmers and the local Rabobank team. This workshop is a Rabo Client Council initiative, groups of Rabobank clients who are passionate about making a difference in their communities, as a way to help develop long-term industry capacity and provide agricultural education.
The workshop is broken down into four components:
1. Review of financial statements; the Profit & Loss Statement, Balance Sheet and Cash Flow Budget.
2. Law of diminishing returns.
3. Gross margin analysis; learn how to calculate the gross margin of your business.
4. Cash flow budgeting; learn why is it important, and work through a practical example to gain useful tools to better manage your own cash flow budget.
0448708651
sinead@perennialpasturesystems.com.au
Financial reports are one of the most useful and underutilised reports for many farming businesses. This workshop will help you gain an understanding of how to read, interpret and use these reports for your business. This workshop will also explore how banks assess you and your business along with sharing a number of tips to help make your relationship with your bank as beneficial as possible. ...