Workshop To Help Build Farm Business Confidence

Do you want to better understand your farm business and farm finances?

Agriculture Victoria is hosting 3 free workshops with Pinion Advisory to build skills and confidence in farm finance.

The sessions are aimed at beef and sheep producers around the Ararat, Colac and Hamilton areas. The Ararat session will be held on 30April, Colac 1May and Hamilton 2 May.

Understanding finance can be overwhelming and this workshop will help farm businesses have a better understanding of their financial position.

The workshop will support farmers to build skills, knowledge, and confidence to manage their farm business finances.

The workshop will be presented by Pinion Advisory's Clinton Emslie and Esmée de Looff who have significant agricultural and agri-finance experience.

Clinton is a finance consultant and has over 10 years of applied experience with large banking organisations. He will deliver useful guidance on how to become a more 'bankable' business.

Esmée is a south-west local with hands-on experience on-farm, as well as delivering whole farm management and skill development programs.

Clinton said the workshops will cover a wide range of financial and banking topics.

'We invite everyone to attend these workshops, regardless of your current financial knowledge. It's an excellent opportunity to deepen your understanding of these vital topics and gain new skills that can significantly benefit your business.

'Investing just a few hours of your time could make a substantial difference to your farm's financial health,' he said.

The sessions will include building and interpreting a financial budget, being bank ready and what farmers need when approaching the bank. There will be discussion about debt, risk and how to implement learnings into an action plan.

The workshop is being delivered by Agriculture Victoria through the Farm Business Resilience Program and is jointly funded through the Australian Government's Future Drought Fund and the Victorian Government's Future Agriculture Skills Capacity Fund.

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