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

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...

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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...
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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...

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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:

Using those figures, an average Australian farmer...

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