When most business owners think about succession planning, they picture retirement. A gradual handover. A sale. A transition to the next generation. It’s the version we prefer to imagine, structured, intentional and on our terms. This is planned succession. Planned succession is about choice. It forms part of your long-term strategy and forces you to…
With June fast approaching, EOFY is once again on the radar for farming businesses across South Australia. And while most producers know it’s time to check in with the accountant, this year there’s a bit more riding on it than usual. This EOFY isn’t just about balancing the books, it’s about positioning your business for…
Recent announcements around new drought hardship loans will provide welcome relief for many farming businesses under pressure. There’s no question, support like this matters. When seasons tighten, cash flow becomes strained, and decision-making gets harder. Having access to funding can stabilise operations, keep things moving, and buy time. But it’s important to recognise what these…
In agriculture, crop reviews are second nature. After harvest, most operators will sit down and assess what worked, what didn’t, where yields surprised them, where input costs crept up, and what needs adjusting before the next season. It’s practical. It’s expected. It’s good management. But interestingly, while production is reviewed seasonally, the financial structure behind…
November is one of the most valuable months for planning. It sits at that sweet spot between the wrap-up of the current year and the rush of Christmas. It’s time to take stock and to look at what worked well, what didn’t, and what needs to shift before another year begins. For farming families and…
The shearing season is not just about long days in the shed and bales on the truck, it is one of the most important checkpoints in your farm’s financial calendar. For many mixed farmers, the wool cheque is the first significant cash injection before harvest, making it a critical moment to steady cash flow and…
September is a funny month. There’s the optimism of crops coming through but harvest is also looming, expenses are stacking up. That makes this the exact time to stop and take stock, sit down with the numbers, and plan because once the headers roll, it’s all systems go. What Pre-Harvest Review Really Means… It’s a…
Right now, many farmers across South Australia are feeling the pressure. You’re coming out of a tough season, facing high input costs, or trying to work out how to keep cash flow steady between harvests.
For broadacre, grazing, and pastoral businesses, the challenge is always managing lumpy cash flow. Unlike steady, recurring revenue streams, your farm’s income often comes in big bursts tied to key moments in the year. Preparing for these critical periods is essential, as your farm’s financial health and long-term success depend on getting your ducks in…
Succession planning is crucial for farming families, as it safeguards both the family’s well-being and the future of the farm. Ideally, this planning should start early, setting the stage for a seamless transition of management and ownership. But let’s be honest—the daily grind of running a farm can push these plans to the back burner.…