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EU exit toolkit
The following resources are available to help you look at the specific business areas needing improvement that you’ve identified from completing the resilience check list. While many of these tools have been tailored for individual sectors, the principles can be applied across all farm enterprises.
Minimise overhead costs
Look at ways of spending less money producing each unit of output. Are there changes you could make that would help control costs better?
Read more about minimising overhead costs
Set goals and budgets
Have you got a clearly set out vision and objectives for your business? Carrying out detailed financial budgeting each year not only gives an indication of expected profitability but can also make farming activities fundamentally more profitable.
Find out more about setting goals and budgets
Compare yourself with others and gather information
More than half of farmers operating in the bottom quartile do not realise they are underachieving, suggesting the benefits of benchmarking or other comparable analysis could be tremendous.
Find out more about benchmarking
Minimise overhead costs
Look at ways of spending less money producing each unit of output. Are there changes you could make that would help control costs better?
Read more about minimising overhead costs
Understand the market
Remaining resilient and competitive will also require you to grow and/or provide produce that the market demands. As part of this you will need to understand how consumer trends and market changes can influence contracts and therefore what you grow.
Read more about the market and consumer trends
Focus on detail
Once the farm structure is correct, the attention to detail of every aspect of farming makes a cumulative difference.
Have a mindset for change and innovation
Do you keep an open mind in trying new things in order to see if improves certain aspects of our business? Although this involves an element of trial and error, there is no doubt that having the right information at the right time will help you make the right decisions for your business.
Find out more about improving and innovating
Continually improve people management
Empowering staff (including family labour) to do a great job involves investing time and money, but especially time in them. Training, motivation and crystal-clear leadership all contribute to trusting, loyal and hard workers.