How to Business

How to draft a business plan – part 3

An important part of your business plan is describing where and how the product produced on the farm is to be sold and the prices that will be achieved.

How to draft a business plan – Part 2

A farmer's production plan, describing the farm’s resource potential, the type of enterprise, planned production output, and the existing output is an important part of a business plan.

Cane growers: get help keeping your books up to date

There are many complicated financial topics that concern all farmers, from pay as you earn (PAYE), value added tax (VAT), provisional taxes, income tax, management accounts and financial statements.

Advice about borrowing money

With farming profitability under pressure, it often happens that a farmer works all year to produce a crop to sell, but at the end of the season does not have...

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Grain hedging: lessons from the farmers who get it right

Since South African agriculture converted from control boards to the free market system in the 1990s, farmers have had to learn how to contend with extreme volatility on commodity markets....

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