What to Do When Your Parents Don’t Want to Talk About Succession
Succession planning is one of the most important – and most difficult – conversations a farming family can have. But what happens when your parents aren’t ready to talk about it? If you’ve ever tried to bring up the topic, only to be met with resistance or silence, you’re not alone.
Top 5 Tax Planning Tips for Farmers
5 Top Tax Planning Tips for Farmers For farmers expecting a profitable year this financial year, now is the time to start thinking seriously about tax planning. Getting organised early gives you and your accountant the time and clarity to make informed decisions before 30 June. The earlier you get on the front foot, the […]
Three Super Strategies for Farmers
Making Super contributions a part of your tax planning strategy is a great way to boost your savings while potentially saving on tax. These 3 super strategies can help you save on tax while increasing your superannuation.
How Much Will I Need When I Retire?
I’m often asked this question when discussing retirement and estate planning with a client, and it’s a difficult question to answer.
Thats why I often turn the question right on its head and ask a question of my own.
What Farmers Need to Know About Preparing for End of Financial Year
A Guide for Farmers: Preparing for the End of Financial Year As the end of the financial year (EOFY) approaches, it’s time for farmers to get their finances in order and make the most of available opportunities. Here’s what you can do to get organised: 1. Maximise Your Deductions Farming businesses have access to various […]
Passing The Torch: Transitioning the family farm
Passing the Torch: Transitioning the family farm Farm transition planning is about two things: preserving your family’s legacy and preparing the next generation to take the reins. A smooth handover ensures your farm’s continuity and sets future generations up for success. Sounds simple enough, right? It’s probably unsurprising to hear that 9 times out of 10, […]
Why 2025 is the year to get financially prepared
As a farmer, you already know that the unexpected is part of the job. You’ve weathered tough seasons, market shifts, and countless challenges to keep your farm going. But when you think about the future, especially as we head into 2025, are you confident you’re on the right track with your finances?
Take Control of Your Farm’s Future with the Farm Business Success Program
It’s no secret that farming can be tough. Rising interest rates, skyrocketing property prices, and mounting farm debt are just a few of the challenges that make farm management feel overwhelming. Add in cash flow struggles, succession complexities, and tax planning, and it’s easy to see why many farmers feel like they’re performing a juggling act.
Four tips for navigating succession planning tension over the holidays
Christmas is a time for family – coming together, sharing meals, and telling stories. Unfortunately, it can also be a time of tension, especially when difficult topics like the future of the family farm arise
Start planning for tomorrow, today
When it comes to creating a secure financial future, the right adviser can make all the difference – that’s where Matt Meehan comes in. Committed to guiding you toward a secure financial future, Matt offers extensive knowledge and expertise, providing personalised financial strategies designed to meet the unique needs of farming families, individuals and business owners.
Lifesolver has merged with Practical Systems and Advisory Partner
We are pleased to advise that Lifesolver has merged with Advisory Partner and Practical Systems. Through this new group, we are able to strengthen our focus on rural people and businesses, with excellent local service (and offices).
The Ultimate Guide to Creating a Profitable Farm Business Plan: Part Two
From conducting market research to setting goals and projecting your finances, creating a profitable farm business plan might be just the thing you’re missing when trying to stay on track and plan for the future of your farm.
The ultimate guide to creating a successful farm business plan: part one
Whether you’re interested in cropping, livestock, or any other farming venture, this guide is designed to provide you with the knowledge and skills you’ll need to create a clear business plan for your farm. Let’s get started!
8 Things You Need to Include in Your Farm Business Plan
As the age-old adage goes, “Those who fail to plan, plan to fail.” This rings especially true in the realm of farming. Without a clear roadmap, achieving success can feel like you’re aiming at a moving target, but you what should you include in your farm business plan? That’s where we come into play with our guide to the 8 things to include in your farm business plan.
Who Will Own Your Farm in 10 Years?
Who will own your farm in 10 years?
Designed to make you stop and think, this question instantly conjures images of the future and the possibilities that lie ahead. But what if we told you the only way to get as close as possible to your desired outcome is to get proactive about your succession plan?
Farm Succession Planning: An Introduction
An Introduction to Farm Succession Planning | In this guide, we’ll introduce you to the essentials of farm succession planning, helping you chart a course that preserves your legacy, focuses on family harmony, and ensures a smooth transition of farm ownership and management from one generation to the next.
Farm Yarns with Jack Cresswell
We’re thrilled to share the transcript from a compelling podcast featuring our founder, Matt Meehan on the Farms Advice Podcast hosted by Jack Cresswell.
As an authoritative voice in agribusiness and financial planning, Matt lends his extensive expertise and personal anecdotes to this insightful conversation.
How to balance farm debt and business growth
How do you grow a multi-million-dollar operation you can pass down to future generations, without passing on the mountain of debt you borrowed to acquire it? There’s no one-size-fits-all, but reading this short blog could help.
How to create a plan for your farm business
A farm business plan is more than a document. It’s a road map, and if followed, has the potential to change your life and the lives of the generations that come after you.
5 easy steps to achieving the grand vision for your farm
When it comes to establishing your 10-year vision for your farm business, the first thing you need to do is think about where you want to be in 10-years time.
