Agribusiness

Webinar will tackle post-drought stock financing

Sheep Central, February 14, 2016

Understanding livestock business finances is critical for long-term profitability, particularly when restocking after drought.

notesThis important topic will be the focus of a free webinar on 23 February, as part of the Pastoral Profit program.

Producers are invited to participate to find out how to develop a plan for banking reviews and present a business case to achieve the best possible outcome for their operations.

Queensland livestock producer and consultant Peter Whip from PRW AgriBusiness is the guest speaker, covering a range of topics including financing post-drought and other business strategies, giving producers practical tips to adopt straight away to make their business more attractive to lenders.

Strategies for discussion to get back into production include:

  • Restocking after drought: Cost benefit, finance structure, other options
  • Seeing banks as suppliers rather than masters: Banks need to lend to make money; using this concept in our business
  • Bank review – opportunity rather than threat: “Selling” your business – The “good the bad and the ugly”
  • “Front foot” negotiation with banks: Who’s in charge here?
  • What relationship do we/should we have with our bank?: Business partner, best friend or financier?

The webinar will run for 45 minutes from 1pm, NSW/VIC time (10:30am WA time, 12 pm QLD time, 12:30pm SA time) on Tuesday, 23 February.

The webinar is a joint initiative of MLA and Australian Wool International’s Pastoral Profit program.

 

  • Click here to register for the webinar.
  • For more information contact Pene Keynes, Pastoral Profit National Coordinator, on 08 8841 4500 or [email protected]

 

 

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Sheep Central's news headlines emailed to you -
FREE!