Preparing for Drought - What the Farmers say
Planning for drought is a complex and difficult business. Too often, good ideas are forgotten once rain falls and business as usual resumes. This publication aims to capture strategies for future use.
In periods of drought, farm business management skills have been identified as a crucial element in maintaining sustainability. Effective risk management is essential to profitability when growers are faced with events such as drought.
The process of farm business management includes:
- setting strategic goals, targets and directions for each enterprise
- identifying and implementing appropriate risk management strategies
- understanding and being able to quantify the cost of production
- being able to interpret financial information and make data-based decisions
- planning and reviewing business performance.
Want to learn more? Browse our courses and publications on farm business management below.
How to write a business plan and review farm performance
This publication shows how to build your own comprehensive business plan, step-by-step.
Marketing agricultural products and services
No matter what your enterprise or niche product, this guide will take you through the essential decision steps to developing a marketing plan.
Working with people in agriculture
This book looks at how effective partnerships can be developed between people to better manage in the world of agriculture.
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