FREEDOM FARMER BLOG

Looking to grow your farming business, increase profits and get back time? Sign up for our weekly newsletter, filled with exclusive insights, tips and guidance from industry experts.

Stay ahead of the curve with the latest news and trends, and gain valuable tips to maximise your profitability and productivity. Don’t miss out - take action today.

Tweaking the Business Model is Working for Farm Tender business growth decision-making profitability strategic planning Aug 11, 2023

To face the headwinds in Farming and Agriculture, I am sure you have heard us talk about the importance of having the right business model.

Those with a robust business model will see through challenging periods in Ag.

In this blog, I wanted to share a post about how Farm Tender tweaked the ...

How farm owners can overcome rising costs, inflation and softening commodity prices benchmarking decision-making financial literacy profitability May 12, 2023

We are running a free online coaching session on Wednesday, June 7th, called Surviving & Thriving In Changing Times – it is all about how farm owners can overcome rising costs, inflation and softening commodity prices.

Running a farm business has never been easy, and recent economic trends have o...

How to Overcome the Dip and Make Better Business Decisions decision-making mindset profitability strategic planning May 05, 2023

To grow your business, you will inevitably encounter a dip in short-term revenue. This dip is a common occurrence, but unfortunately, many business owners get stuck here, focusing on the cost of making a good decision instead of the potential medium to long-term benefits.

A lot of businesses ...

CASE STUDY: From losing money to a nearly $4m profit in just a few years leadership profitability strategic planning succession Feb 10, 2023

We wanted to share a case study with you from a Platinum Mastermind client who went from a loss to almost $4 million in net profit in just a few years.

Ben, Kate & Sam Taylor from Culara Farming in Condamine.

We are also sharing this case study as part of video 2 in our free, 3-part trai...

The brutal truth about trading time for money mindset personal development profitability strategic planning Aug 19, 2022

Are you stuck in the trading time for money trap?

Sadly – most people are.

Trading time for money was ingrained into most of us from an early age.
We were taught to choose a career when we were older such as being a doctor, lawyer, electrician, artist, farmer etc.

And our brains would visualise se...

[Free Download] Our Money Mastery Checklist Used to Create a Freedom Farm financial literacy goal setting mindset profitability Apr 15, 2022

The first time my Dad taught me how to shear a sheep is a day I don’t want to remember.

… dragging it out of the pen
… trying to hold it still
… getting my head around how to grip the handpiece

The whole thing ended in a mess, and let’s just say that was the most unlucky sheep in the shed – to have ...

Our Top 4 Tips for Higher Gross Margins (and Hence...Higher Profits!) financial literacy profitability resource allocation workflow optimisation Aug 19, 2021

Last week, we talked about where most farm owners go wrong in trying to grow their profit.

Most people focus on reducing costs (through things like minimising tax) when what they really should be focusing on…

Is increasing revenue.

As this study from the Wimmera region of Australia shows…

...

The Big Secret Rich Farm Owners Know (and Average Farm Owners Don’t) financial literacy mindset profitability wealth creation Aug 12, 2021

The big secret rich farmer owners know (and average farm owners don’t)

An insider secret rich farm owners know that the rest of us don’t?

Focussing on cutting costs in your farm business is probably keeping you broke.

Okay, maybe its not keeping you broke-broke…but i...

Decision making - wing it or win it? decision-making kpi performance metrics profitability Nov 18, 2019

When most farmers make decisions, they wing it.

They don’t have any tools or systems to help them decide whether something is a good financial decision or a bad one.

…Which leads to bad decisions that cause big problems like:

Unnecessary spending
Constrained progress (when it comes t...

The 3 key financial figures profitable farmers track budgeting financial analysis financial literacy profitability Sep 06, 2019

Most farmers struggle with profits.

Even if your revenues are high, you can still lose money after all your costs, interest payments, and other expenses are paid out.

Like our student Travis..

In the 2014/2015 year, he and his brother had a great revenue on the farm – $2.12Million.

B...

The TOP Producers Model: How Our Students Get 4.6% Higher Returns Over ABARES financial analysis performance metrics profitability strategic planning Sep 05, 2019

I’ll get right to it…

…because these numbers speak for themselves.

The chart below shows you the Return on Assets Managed (ROAM) for the 2016/2017 year. It’s a comparison of ABARES, Holmes Sackett, and our Farm Owners Academy (FOA) students: