Economies of scale
This is an important concept and one of the major challenges faced by emerging farmers.
Management: Managing people
To run a successful farming operation, a manager needs to know how to work well with staff, says Susan Pletts.
Management: Effective leadership
Successful managers get things done and know how to motivate their workers to do the same, writes Susan Pletts.
Your seven most important financial needs
A farming enterprise needs to be managed like any other business, and it’s important that farmers make sure all their financial needs are covered, writes Kobus Engelbrecht, marketing manager of Sanlam’s Cobalt Solutions.
Title, lease or PTO?
When you apply for a bank loan, your type of landownership is important, says financial consultant Susan Pletts.
Why a co-op needs to be ‘open’
A cooperative must be transparent to all its members, so everyone understands and accepts its constitution, writes Susan Pletts.
How co-op shares work
Money is usually the main source of conflict in a business, and shares are all about money, so understanding how they work will save you a lot of hassle, writes Susan Pletts.
How to set up a co-op
Cooperatives are popular with government and group projects. We look at the requirements for registration and why you need professional help.
How to protect your assets
Beware, foolish or "lazy" business decisions can
part you from your assets! And running a business in your own name can be especially dangerous.
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 Pletts.
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