Managing for Profit

Get a family council working now!

Discord and bickering among members set a family business up for failure. A well-managed family council may be the answer.

Understand business roles, and pay accordingly

Ownership, directorship and management are three distinctly different roles. Be sure to remunerate fairly and correctly in each case.

How to implement a succession plan

The importance of a succession plan for a farming business cannot be underestimated, and must be prioritised.

Leave your business in good hands!

Ignoring succession planning, especially in a family business, is highly irresponsible.

Encouraging creativity in your business!

Energetic creativity is the difference between mediocre and great managers. But you have to work at it.

Why farmers need to be marketeers

It’s your job to find unique ways of adding value to your products to drive up profits.

Danger time for trust, integrity and ethics

Take great care to associate with ethical people and avoid those who are not. In turn, provide your colleagues with an impeccable example of integrity.

Put people first, and the profits will follow

So often we hear managers say: ‘Our people are our most precious asset’. Here’s a poultry farmer who takes this approach to an entirely new level.

Farm with nature, for the sake of the next generation

Have you forgotten your most basic job as a farmer – to work alongside nature and leave a farm behind that will provide for years to come?

Count your blessings; you’ll be better off for it!

It pays to develop an ‘attitude of gratitude’. So give thanks and celebrate your own Thanksgiving Day this year.

Recognise a business relationship for what it is!

When it comes to business, suppliers and customers don’t want ‘friendship’. They want good products at a fair price.

How to get employees to show initiative

If your employees are not providing the creative input you expect from them, look in the mirror. It’s likely that you are the person at fault.

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