Dumfries: Planning for the future of your business
Join us for Potstown Farm's final Strategic Dairy Farm meeting looking at how to futureproof your farming business with Neil Wilson.
The recent Marcus Child event in Kilmarnock encouraged the Owen family to write down their goals for the future and think more constructively about strategic planning for the next 5–10 years.
Succession is often a tricky subject, but the recent budget brings planning for succession into a much sharper focus and has put farming families under more pressure than ever.
Many succession issues are the same. However, there are also some traditional views and assumptions about who is best placed to own or run a family business, and these can create barriers to progress.
Neil Wilson, Executive Director at SAB Advisory Ltd has experience in agriculture and a wealth of strategic leadership, relationship management, banking and markets experience. His farming background means he can relate to the issues at the farm gate and his professional experience allows him to add significant value to any business he works with.
Neil will lead the talk with his professional and personal experiences and discuss the Owen family's thoughts around strategic planning and future-proofing their family business.
This meeting will cover
- Goal setting
- Succession planning – growth and vision
- Financial planning – budgets and cash flow
- Working with the wider team – your banker, accountant, etc.
About Potstown Farm
Potstown Farm is located near Lockerbie, Scotland, where Gareth and David Owen farm their all-year-round calving herd of 255 milking cows.
Half of the herd at Potstown are Holsteins and half are Jerseys, milked on a robotics system. They joined the Strategic Dairy Farm programme in 2021, wanting to look at how to maximise their current infrastructure and increase farm efficiency.
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If you have any questions about this event, please contact us using the details below.