Course overview
Business Planning
Planning for the future is important for any business and land-based businesses are no exception. When considering a change in the business, such as, starting a new enterprise or expanding an existing enterprise, it is important to consider all the costs and benefits. Financial and non-financial factors must be taken into account when drawing up a business plan.
Who is the assessment for?
Anyone who is considering a significant investment in their land-based business, through Tier 2 of the Farm Business Improvement Scheme – Capital in Tranche 1, will benefit from this course.
Course Content
This two session course will give participants the skills and tools to prepare a business plan.
Session 1 (classroom):
Assessing current farm business performance Considering potential projects for investment Calculating the costs and benefits of the chosen project Completing the narrative of a Business Plan to take of account of the following: Health and Safety, Sustainable Growth, Animal and Plant Health, Production and Resource Efficiency, and Environmental considerations
Session 2 (computer suite):
Completing a 5 year Financial Business Plan, including where to source, figures and data on which to base the plan Explanation of the CAFRE Farm Business Planner online tool
Booking Terms and Conditions
CAFRE Booking terms and conditions are available by clicking here.