Budget Preparation
Financial budgets are an important tool for managing a farm business. They should be prepared as much to help management on farm as to keep the financier informed. Its preparation involves:
- Discuss the annual work plan in order to develop realistic farm budgets.
- Cashflow and sensitivity analysis on budgets
- Multiyear budget projections
- Presentation of annual budget and cashflow, as well as budget comments (and updates) to a financier.
Other financial services
- Analysis of development options (eg: new cultivation, over sowing, irrigation, including IRR analysis
- Analysis of farm purchase or lease
- Analysis of tactical options (eg: nitrogen vs purchase feed, options for trading stock, etc)