Get a better understanding of the business side of your farm and have a greater input into the financial direction it is heading.

Are you paying your accountant to prepare your annual financial statements and then not understanding what is in them? Just getting your financials done as part of your tax return each year is missing a golden opportunity to find out more about where your business is heading. This workshop shows you how to read, understand and use that information in your business.

This one day workshops will cover the following topics -

• ·Business structure

• ·Overview of farm financial statements

• ·Linkages between statements

• ·Profit & loss accounts

• ·Balance sheets

• ·Using this information to make decisions

• ·Basic ratios – indicators of farm financial performance

No need to bring your own financials on the day, we will be using examples provided by our workshop trainer, Kathy Sims from RuralBiz Training.

This workshop is open to current farmers and those who would like to be running their own farming business in the future to attend. We would encourage all members of your farming business to attend if possible to make the most of this opportunity to attend locally delivered training.