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If it is to Be, it is Up to Me business growth farm accounting financial literacy wealth creation Jun 27, 2024

Running a farm business is a challenging and rewarding game. 

 

But at times it can feel like there is just so much coming at you that overwhelm sets in… 

 

Just figuring out what the next move should be or where to start can feel like a huge mountain to climb. 

 

The reality right now for man...

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Are These Generational Patterns Affecting Your Farm’s Profitability? investment strategies mindset succession wealth creation Jun 13, 2024

I want to reflect on something that was recently discussed in one of our monthly ‘Business Q&A’ webinars for our Platinum Mastermind members. 

 

In a client case study, a farming business had based their equipment finance decisions on something their Grandad always told them: “You don’t borrow mon...

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The 7 Reasons That You Are Lacking Cash in Your Farm Business benchmarking financial literacy kpis profitability wealth creation May 09, 2024

The last 18 months have seen many agricultural commodity prices fall significantly; input prices continue to increase, plant and equipment prices skyrocket and interest rates experience 13 consecutive rate rises.  

In combination, these lower commodity prices, higher costs, and rising interest rate...

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Navigating the Dip: Transform Your Farming Business benchmarking business growth data analysis decision-making farm efficiency farm expansion financial planning infrastructure management off-farm investments performance metrics profitability resource allocation scalability strategic scaling top producers wealth creation workflow optimisation Mar 27, 2024

To ascend to the next level in your business, one must often brave the dip - a temporary decline in short-term revenue or profit for the promise of long-term growth and prosperity. 

Investing strategically during these dips can be the catalyst for exponential growth. Consider allocating resources t...

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Don’t end up being the richest person in the graveyard financial planning mindset wealth creation Jul 01, 2022

Farm owners are some of the richest people in the world. Many are in the top 1% when it comes to wealth.
 

In the end, you only need so much money, and many farm owners now have more wealth than they will ever spend. 
 
If you have a net worth of more than 3 million dollars, please know… you are rich.  ...

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Is Your Balance Sheet Lazy or Hardworking? Here’s How to Tell (+ build more wealth!) asset leverage capital management financial literacy wealth creation Aug 26, 2021

Is your balance sheet lazy?

 

For many farm owners we meet, the answer is “yes”.

 

And that’s a huge problem…

 

Because a lazy balance sheet is a clear sign that you’re leaving money on the table.

 

Money that could be used to:

  •  Expand your farming operation
  •  Take a holiday with your...
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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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Why Most Farm Owners are Wealthy on Paper But Not Rich in Their Bank Accounts… financial literacy financial planning mindset wealth creation Aug 05, 2021

When I ask you to picture the wealthiest 1% in the world, who comes to mind? 

Jeff Bezos?

Gina Rinehart?

Bill Gates?

What if I told you that YOU are part of that elite group? 

Even if it sounds completely insane, it may very likely be true!

Many of the farm owners we know fit the financial cri...

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