Welcome to Farm Business Fundamentals Online. Thank you for registering.
The program is a 5 session fully supported online learning experience,that assistsyou to be prepared to understand the key concepts of farm business management and be able to make more informed decisions around farm finance. The program gives you skills to helpmanage flow of information coming into your business and to apply tools to help you plan and start to analyse cash flow and margins. You will feel more confident and on top of your farm business.
At the end of this program, you will be able to:
set up and use good record keeping systems for farm financial and physical information.
coordinate and set up an appropriate farm business office space.
understand the difference between information used to manage a farm business and information used to manage tax.
use the Standard Chart of Accounts (SCoA) to record farm business income and expenditure.
understand business obligations – tax, banks, people and the law.
identify, collect and organise information to be included in an annual farm budget.
review budgeted income and expenditure.
prepare and interpret a balance sheet.
In this video, Dairy Australia’s Neil Webster, Lead – Farm Performance welcomes you to the program, explains what the online learning experiences entail and highlights how Farm Business Fundamentals can develop your skills as a farm business manager.
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To help your facilitators get to know you, please tell them about your dairy farm business.