As the new financial year begins, it’s the perfect time to set fresh goals and map out a plan for achieving them. Whether you are managing a farm, a business, or your personal finances, setting clear, actionable goals is essential for success. Drawing from the insights and methodologies in my upcoming book, let’s explore the…
Geez Louise the weather events at the end of last year made it tough. Apart from indulging in a few choice expletives to vent, there was nothing more anyone could do other than put it behind them and move on. This involves clarifying priorities and planning to make more of what you’ve got for maximising…
Over the past 40 years, I’ve been working with rural families as they pass their farming business from one generation to the next. While there have always been some challenges, these days succession has become considerably more complicated mainly due to changing family dynamics, new technology, advancing farming practices and the need for what can…
For farming families, managing debt and regularly reviewing your lender’s terms in context of your needs now and in the coming years, is an administrative task no one is in a hurry to tackle. Debt can work for or against you. To avoid the latter, it’s important to plan and prepare your brief for lenders…
You may recall, I recently wrote about the importance of community service and the role businesses have in supporting important events that make life better for all of us. Businesses including farm businesses, are the life blood of rural communities and it’s important for us to support them, and for business owners to take good…
Community service is important – full stop. While the whole point of community service is to create positive outcomes for the greater good, in my experience what you put in is returned ten-fold in terms of personal satisfaction and lifelong friendships. This article is a shout out to those who proactively contribute to Jamestown and…
There may be times when you add up all of your debt or look at your credit card statement and worry about how to manage your debt position. After such a long period of being in a low interest rate environment, the recent interest rate increases announced by the Reserve Bank of Australia may have…
Succession planning is critical for protecting the needs of your family and the farming business. If something goes wrong, you need to be able to make decisions that affect your future quickly. In an ideal world, the earlier you start succession planning for your family farming business, the better. In reality, the day-to-day operations of…
Dealing with competing priorities to be June 30 ready What a beautiful rain our area has had, I’m hoping that everyone got most of what they wanted. It could be said that the rain came just when the forecasters predicted it – they did say a wet autumn followed by a wet winter. Many of…
As most of our clients know, Dibbo uses the power of P2PAgri software to underpin the management and financial analyses behind our reports. Tune in to “Your Farm Business Podcast” to hear P2P’s developer, Mike Krause, as he interviews Dibbo around how this works in episode 6 – Farm business info: Easier & more powerful.…