Farming over the last decade has become one of the most profitable industries, therefore, proper management of farms and agriculture is vital for an investor to capitalize on the overall appreciation of the asset. Farming today is more than just producing crops, it requires f to address profitability, fertility, conservation, and tax issues to name just a few. The importance of a knowledgeable and professional farm manager is essential for maximizing the appreciation and income of investment farmland.
This two weeks course will teach you how to analyse, diagnose, and make decisions related to management of a farm business. The course relates to the management of all resources including, viable production, staffing, physical resources, and natural resources.
- Develop strategic planning methods for an agricultural business.
- Prepare a Farm Business Plan.
- Develop methods for assessing the operations of a Farm Business.
- Analyse the viability of different production enterprises: assessing profits, risk analysis, cost efficiency, quality standards, and financial records.
- Develop strategies for managing different farm production enterprises, covering workplace organization and crop scheduling.
- making policy decisions
- budgeting and maintaining accurate financial records
- organising sales and purchases of livestock, farm equipment, crops and agricultural products
- handling paperwork and keeping administrative records
- recruiting, training/instructing and supervising farm workers
- Plan the management of human resources in a farm business covering: supervision, types of leadership/managers, orders & instruction, motivating employees, and recruitment.
- Develop methods for managing the physical resources of a farm business including managing equipment, machinery, and buildings.
- Develop methods for managing the natural resources of a farm business, covering topics: regulations & legislation, land care programs, erosion control, soil degradation, salinity, soil acidification, chemical residues, and compaction.
- Planning procedures; the policy formulation approach,
- Strategic management approach, initial strategy approach;
- Farm business structures;
- Management plans; financial terminology and the money market;
- Finding finance;
- Rural finance sources;
- Financial terminology and record keeping;
- Farm Planning;
- Quality management systems;
- Whole farm planning; Preparing a business plan;
- Integrated production plans.
- Business goals;
- Factors involved in business assessment;
- Considering factors affecting your business;
- Drawing conclusions.
- Assessing profit;
- Risk analysis and managing risk;
- Standards; Cost efficiency;
- Cost of production;
- Quality and quantity standards;
- Financial records;
- The bookkeeping process;
- End of period accounting;
- Cash flow; Example of budget;
- Sensitivity analysis.
- Organising the workplace;
- Production systems; system variables;
- Animal production systems;
- Lot feeding;
- Cropping systems;
- Office systems; Computers;
- Business diversification; Value adding.
- Organisational structures;
- Leadership; Workplace changes;
- Interviewing, recruitment and staff induction;
- Giving instructions; managing human resources;
- Work scheduling;
Health and safety
- Occupational Health and safety;
- Duty of care;
- Protective equipment;
- Dealing with chemicals;
- Handling tools and equipment;
- Safety auditing.
- Managing equipment, machinery and buildings;
- Managing physical resources;
- Engineering efficiency;
- Animal structures.
- Land Care programs;
- Trees; Erosion control;
- Soil degradation; Salinity;
- Soil acidification: Compaction;
- Chemical Residues;
- Water management;
- Water quality;
- Irrigation and watering systems.
Regulations and legislation
- The Agriculture Regulations
- The Agricultural Products, Food and Drink Regulations
- The Specific Food Hygiene Regulations
- Contract law; Elements of a simple contract