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Farm Business Plans: Risk, Reward and Profit + 7 Practices of Top Farmers
In this session, Rob Hannam will share tools and techniques to help manage the factors on your farm that impact your profitability. You’ll discover risk management strategies that address six categories of risk from a whole-farm perspective, and go home with an action plan specific to your operation.
• Understand the complexity of business risks in your operation
• Identify various types of risk and the tools to manage them
• Assess and rank the risks on your farm
• Determine next steps for your take-home plan
Heather Watson will outline her recipe for farm business success, including seven management practices driving farm success, the financial gain farmers can expect from adopting these practices and how to make business management a reality on your farm. She’ll also talk about who and what should be in your farm management toolbox, outlining the learning opportunities, resources and support available.
Lunch is included.