How to Business

How do I apply for a loan?

Knowing how to prepare your loan application shows that you understand business and will increase your chances of getting approval from a bank, writes Susan Pletts.

Do I need a loan?

Many new farmers lack the money to start up their business. But before applying for a loan, make sure it's really necessary, writes Susan Pletts.

Overheads can make or break your business

Overhead costs are like a beard. They're always there, just as the hair you shave grows back. If you want your business to succeed, keep your overheads manageable, writes Susan...

Interest fixed or linked?

You pay interest when you borrow money, so you must know how to negotiate and have a good credit rating, writes Susan Pletts.

How to calculate cash flow

An accurate record of your cash flow is important for your business to succeed. A basic knowledge of addition and subtraction is all you need to draw one up, writes...

Keeping track of your earnings

In the past people traded with whatever goods they had. But these days we can't conduct business without money - our income, writes Susan Pletts.

Understanding cash flow

Budgeting is knowing how much money goes in and out of your business, and cash flow shows when this will occur, writes Susan Pletts.

Budgets – why do we need them?

Working without a budget is like swimming in a rough sea with no life saver – you’re sure to drown, writes Susan Pletts.

Why measuring your land is essential!

Measuring your land will tell you how much of a crop you can plant and how much livestock you can keep, writes Susan Pletts.

Maths vital for profitable farming

We can't escape maths, so learn to love it, because it's something you can't do without when it comes to running your business successfully, writes Susan Pletts.

Finance terms you need to know

Bankers and people involved in finance use many fancy words, and knowing what they mean is necessary if you want to make money, writes Susan Pletts.

How to make a profit

Many emerging farmers struggle when working out how much to charge for their produce to cover costs and make some money too. Susan Plett's lends a hand.

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