Business Management
Farm Business Services can provide a comprehensive range of business management services to rural businesses.
Business Appraisals - Our consultants are in a position to fully appraise your business, reviewing historic performance, assessing its strengths and weaknesses and examining the options for its future direction.
Forward Budgeting & Cashflows - Once future strategies have been established, detailed formal budgets and cashflows can be prepared to fully assess the future profitability of the proposals. Using product price and yield sensitivities the profit volatility can also be examined to fully establish the projected future returns.
Cashflow Monitoring - Prepared cashflows can be monitored on a monthly or quarterly basis to keep a close eye on income and expenditure in relation to the target set. If required additional reports can be provided for your bank.
Enterprise Gross Margin Accounts - Accounts can be prepared by our specialist team of farm secretaries in enterprise gross margin format, to allow businesses to fully assess their relative unit costs of production for the various products being produced. This information can be vital for businesses to thrive in these increasing competitive times.
SEERAD Whole Farm Reviews - Farm Business Services consultants are accredited through the Farm Business Advisers Accreditation Scheme for Scotland (FBAASS), and are able to deliver the Whole Farm Review. The Whole Farm Review Scheme is designed to help farmers and crofters develop sustainable and more profitable businesses. Any farming or crofting business registered in Scotland quota can apply to take part. The Scottish Executive will refund over 80% of the cost of your adviser's time up to a max of £1,450 and you will have to make a modest contribution towards the fees.
The Whole Farm Review is an opportunity for you to take a fresh look at your business, with the help of an accredited Farm Business Services adviser. We can provide an overview of where your business currently stands, what are its mains strengths and weaknesses, opportunities and threats and develop an Action Plan to improve your business performance. We will look at the whole business and help you to make the most of all your assets