FARMS are traditionally handed down from one generation to the next, but managing these transitions can have a big impact on future success.
Intergenerational change and its effect on the sustainability of the farm enterprise will be in focus at a farm business forum in Adelaide later this month.
Dubbo, NSW, farmers Greg and Angela O’Brien will offer their perspectives on succession of the family farm when they speak at the Grains Research and Development Corporation Farm Business Update on October 15.
Another keynote speaker will be Neville Brady from Bunch Consulting, Swan Hill, Vic, who will look at the four key areas for improving the farm business.
Speakers will provide advice on a number of issues that have an impact on the bottomline.
Since their inception, Farm Business Updates have played a successful role in enhancing growers’ knowledge and understanding of farm business issues.
The Adelaide update will also provide a unique opportunity for growers and advisers to network with leading industry professionals.
Other speakers at the update include Phin Ziebell, a Melbourne-based senior analyst and agribusiness economist at National Australia Bank, who will discuss the potential impact of the China Free Trade Agreement on SA graingrowing enterprises.
A grower’s view on effective farm business management will be provided by Leo Delahunty from Templemore Partners in Vic’s Wimmera.
Kate Burke from Think Agri, Echuca, Vic, will talk “boots and suits” – what corporate and family farm businesses can learn from each other, while multi-peril crop insurances will be the topic of a presentation by Patrick Redden from Rural Directions, Clare.
Farm business management tools to create sustainable farming businesses will be explored by Tony Hudson of Hudson Facilitation, Melbourne, and Cam Nicholson from Nicon Rural, Geelong, Vic, will discuss whether knowing the risk profile of their farming operation can help growers run a better business.
Communication tools to create a productive and enjoyable workplace will be outlined by facilitator and communicator Andrew Bayly, from Melbourne.
