AGRIBUSINESS

Online business program to help manage risk

AGRICULTURE Victoria is offering farmers an opportunity to participate in a free online business program designed to help farm businesses better manage risk in the face of a variable climate, particularly drought.

Staff writer
 Agriculture Victoria is holding a series of online risk management courses soon.

Agriculture Victoria is holding a series of online risk management courses soon.

The online program, starting later this month, is suitable for all farmers, including livestock and grain producers.

Project leader, Kit Duncan-Jones, said participants will improve their skills and knowledge to better prepare for and manage risk, adapt to change and strengthen their farm businesses.

"The course is designed to help farmers set and achieve their individual business goals and is relevant to those who are new to farming and young farmers, as well as more experienced farmers."

An introductory session will be run at the end of July, followed by five sessions on key farm management topics, including:

  • Identifying and managing risks, strategic planning and setting business goals
    • Financial management, budgeting and profitable decision making
    • Managing people on farm, succession planning and farm safety
    • Climate risk and natural resource management
    • Business planning

As part of completing the course, participants will be offered a one-on-one session with an experienced farm management consultant to review their business plan.

Duncan-Jones said participants will be supported by Agriculture Victoria staff and Jane Foster, a farm business consultant with ORM Pty Ltd.

"If you're a farmer who wants to better manage your business, strengthen your farm resilience to withstand future droughts and shocks, and set up your farm for success now and into the future - this is the program for you."

To register, please complete a short survey here: https://forms.office.com/r/6nkRcyRDFT

For more information, contact Elizabeth Alsop on 0457 838 537 or email elizabeth.alsop@agriculture.vic.gov.au

The Farm Business Resilience Program is jointly funded through the Australian Government's Future Drought Fund and the Victorian Government's Future Agriculture Skills Capacity Fund.

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