What is the best way of analysing your business performance and growth potential? Please take a moment to undertake our online self-assessment and find the answer. Firstly some background

BUSINESS CONCEPT

Agriculture is renowned for surviving through the tough times by 'tightening the belt'. Australian farmers manage business through tough times by a range of cost control techniques. Some are not sustainable in the medium to long term such as:

  • Capital rundown of business
  • Family living on sub-standard drawings

Too frequently these are utilised as a management technique. An agricultural based business should ...

  • Stand equally with any commercial investment
  • Grow ahead of the declining Terms of Trade
  • Provide a fair salary at least equivalent to what an independent manager would be paid
  • Generate commercially attractive profit

Click here to open the Self Assessment Calculator.