Farmers are often operating large businesses with huge amounts of capital and not allowing themselves the time to focus on the big picture.
With the increasing amount of compliance required including environmental, health & safety, stock recording it is important that procedures are in place to manage all of this.
We can assist with creating a governance structure that suits your business, this could include:
- Creating a structure where family members and/or staff have clear roles
- Templates to assist with environmental requirements, financial reporting, management reporting
- Regular reporting timetable
- Governance meetings to discuss both operational and financial matters
We are able to assist you to review your current operational structure to make sure that it is the best fit for your farming business.
In the dairy sector there are various ways of employing your staff from:
- Variable Order Contract Milkers
- Contract Milkers
- Equity Partners
We are able to review the various options with you to work out which one will suit you and your business needs. We are able to provide the numbers so you can see both the financial and non-financial benefits that attach to the various options.
The industry evolves over time and we are able to assist with any review of the operational structure to ensure your current structure is still suitable.
Leasing is a common farm arrangement and it is vital that lease agreements include all the relevant clauses to protect both the lessor and the lessee. We can review your lease agreement clauses including providing advice on lease values and payment structure options from a practical farming viewpoint.
We have access to a large farming clientele and often have clients looking for equity partners or equity managers. We have experience in the set-up of equity arrangements and subsequent advice with budgets, cashflows and governance. It is so important to get these structures and agreements right and we have been involved with partnerships which have operated and are still operating successfully 15 years later.