Thrive Agricultural Workshops

Agricultural support – With so much change going on in the agricultural industry, we can help you work out what’s right for your farm business. Sit down with one of our experienced agricultural advisors who can assess your business, make sense of the latest schemes such as SFI, and develop a plan to get you where you need to go.

You can access up to 12 hours of free business support through a range of one-to-one advice and workshops with expert advisors and speakers.

Workshop Programme

Farm Diversification – making the most of opportunities

Tuesday 23rd August at 7pm. Delivered by: J. Herniman – Online.

Farm diversification has been around a long time. With reductions to BPS payments, this workshop will look at whether there are still opportunities for diversification to generate new income streams and build resilience on farm. Is it all it is cracked up to be and could it work for your farm?

This workshop will cover:

  • What is diversification?
  • Understanding the resources you may have available that could make a good diversification.
  • Choosing the best idea and fit for you and your farm
  • Impact on the farm business – advantages and disadvantages
  • Having a plan for success! Making it work financially and personally, convincing family members, landlords and bank funders
  • Seeing it in practice - real life case studies

Please click the link below to book letting us know which workshop you want to book on and your contact details.

 Book Now                                

                                  

Understanding your farm financials: - trading accounts and performance – to drive business profit

Wednesday 21st September at 6.30pm. Delivered by: J. Herniman – Online.

Do you look at the farm trading accounts after your end of year accountant meeting or are they popped in a drawer?

Do you enjoy the outside work of farming but don't always get time to look at the numbers? Maybe you have family members who have not yet seen the farm accounts and would like to introduce them. 

This workshop will:

  • Look at the value of other financial and performance information you have to hand as well as the benefits of comparing farm performance using benchmarking information.
  • Demystifying financial language
  • Help you to understand your farm trading accounts – bringing the numbers to life, what do they tell you about your business, how they can help you drive your business forward, their limitations, value of year-on-year comparisons
  • Show you how benchmarking can help you to look at how the business is performing.
  • Show you how using online book-keeping/accountancy software to help control your business and give you useful management information
  • Explain what cashflow forecasts are – why use them?
  • Explain why it is beneficial to look at your profit and loss report 9 months into the trading year?
  • Explain what a lender looks at when you want farm borrowing
  • Show you how to get the most from working with your bank manager and accountant

Please click the link below to book letting us know which workshop you want to book on and your contact details.

Book Now    

        

Sustainable Farming Incentive (SFI) – looking at the opportunities it brings, will it work for your farm business? How to apply

Thursday 6th October at 6.30pm. Delivered by: J. Herniman – Online.    

The Sustainable Farming Incentive is now open to applications with a rolling application period (no deadline). This workshop will focus on the first two lowland farm standards of ‘Improved Grassland and the Arable and Horticultural soils standard’.

Understand:

  • whether your land will qualify
  • how much you will be paid
  • the actions required to meet the standard
  • calculating the net financial gain if you enter the standard
  • how to apply

Please click the link below to book letting us know which workshop you want to book on and your contact details.

Book Now                          

 

Lets talk: family farm businesses - communication, future planning, in-law factors

Wednesday 12th October at 6.30pm. Delivered by: J. Herniman – Online.           

Research shows that family farms can be much more resilient than many other businesses, however there can be an undercurrent of ‘unsaids, unknowns, in-law factors and seemingly different goals.

This workshop will look at:

  • Goal setting for farm and personal/family life – the benefits, how to do it
  • How to Improve communication and task planning that can help drive business efficiency and profit – family team, paid staff/sub-contractors, wider farm team
  • Understanding and meeting the differing needs and goals of different generations, including ‘in-law’ factors, and achieving work/life balance across the generations

Please click the link below to book letting us know which workshop you want to book on and your contact details.

 Book Now

 

Planning for farm succession - from taking the first steps to completing the process

Tuesday 25th October at 6.30pm. Delivered by: J. Herniman – Online.

Family farms can bring pleasure and pain ….. planning for the future and seeing a successful transfer to the next generation is possible. Financial and emotional impact can be well managed with carefully considered, early and transparent succession planning.

This workshop will help you:

  • Understand what succession means
  • Plan for a successful succession and potential stages
  • Start the conversation
  • Avoid pitfalls
  • Consider the assumptions and unknowns
  • Consider fair may not always mean equal
  • Plan for well-being for now and the future – personal and financial
  • Building a team of professional advisers to help support the process

Please click the link below to book letting us know which workshop you want to book on and your contact details.

Book Now

To book a place on any of the above workshops or book a 1-1 appointment with a Business Adviser please contact North Devon+ by emailing info@northdevonplus.co.uk or by calling  01237 428 834

 

Thrive support for non-ERDF businesses is funded through Heart of the South West Growth Hub, Devon County Council Recovery and Back to Business funding.