Maximising profitability for Queensland sheep and wool producers will be the focus of a series of ‘Getting Back to Business’ workshops to be held in Winton, Longreach and Isisford later this month.

The ‘Getting Back to Business II’ workshops are delivered by the Making More From Sheep program, with support from Leading Sheep, and are open to all sheep and wool producers.

The workshops will be held at Winton on February 25, Longreach on February 26 and Isisford on February 27.

Workshops are interactive and hands-on

Department of Agriculture, Fisheries and Forestry (DAFF) extension officer Alex Stirton said the workshops followed the highly successful series held in 2012 and would be an interactive and hands-on analysis of business profitability.

“Sheep producers who didn’t attend the previous workshops will be given a good introduction to the topic at a pre-workshop discussion,” he said.

“If you attended a session in 2012, this will be a valuable follow-up to check your progress and review skills.”

Profit drivers and finance are key drivers

Getting Back to Business II’ will be led by Longreach-based business consultant Peter Whip from PRW Agribusiness.

“We have identified the two key areas which impact most on business profitability as a focus of the workshops,” Mr Whip said.

“Firstly, understanding and measuring profit drivers and adapting strategies to maximise profitability, and secondly understanding and managing our biggest business expense which is finance.

“Participants will benchmark their three-year business performance against group and regional data and then analyse strategies for improvements.”

The workshops cost $25 per person or $40 business for a maximum of three people per business. This includes three months free follow-up support to participants who need assistance applying any of the concepts at home.

For more information visit www.makingmorefromsheep.com.au. To register for a workshop call Alex Stirton on 07 4654 4212.

Leading Sheep is an initiative aimed at supporting a more profitable Queensland sheep and wool industry through new technologies, knowledge and skills. The program is a partnership between DAFF and Australian Wool Innovation with support from AgForce.

Making More From Sheep is a joint initiative of Australian Wool Innovation and Meat and Livestock Australia. Follow MMFS on Facebook Queensland Agriculture and Twitter @QldAgriculture

Source: Queensland DAFF