Creating a successful farm business plan starts with taking time out and to reflect on what success means to you, both now and in the future. From there, we can delve into the nitty-gritty – examining risks, opportunities, and strengths to inform your strategic direction, and that’s what we plan to help you with the 8 things to include in your farm business plan.
In the Farm Business Success Program, we work side by side with you to break down your goals into actionable steps, spanning over the next 12 months, three years, and even 10 years from now. This approach enables us to identify key projects and milestones that will take you closer to your vision of success, one step at a time.
So, what exactly should be included in your farm business plan? From property planning to wealth management strategies, the possibilities are varied. Ultimately, what needs to be included depends on your unique circumstances, family dynamics, and aspirations. Once you’ve worked that out, you prioritise. Below we’ve listed eight ideas you could consider when working on your farm business plan.