Sheep Connect Tasmania is running a Farm Business Management and Financial Literacy Program throughout September–October. The program will be delivered via a 3-hour BigMarker webinar, covering a broad range of topics including:
- the basics of farm business management
- simple ways of identifying the current farm business position
- analysis of recent financial performance, balance sheet, cash flow
- strength, weakness, opportunity, threat (SWOT) analysis
- the importance of evidence-based decision making
- developing fair and realistic cash flow budgets, relevant scenarios, and risks
- strategies to achieve the desired budget outcome
- building business capacity to absorb shock
- communication with lenders and family
- strategic, tactical, and operational planning, and more.
Webinar attendees are then eligible for an individual 2-hour session with the presenter, Paul Blackshaw, Farm Business Consultant and Director of Meridian Agriculture, covering:
- historical and current financial performance of your farm business
- discussion in light of the current strategic, tactical, and operational plan
- development of a cash flow budget, or review of your current cash flow budget.
The webinar is free to attend, and the individual session is $495 per business, which will be run at a mutually-agreed time up until 30 October.
Paul is a specialist in farm business economics with experience in financial analysis, benchmarking, succession planning, industry extension projects, rural financial counselling, strategic leadership and planning.