Managing finances to future proof your business

Join us for this webinar exploring how to better understand and manage your farm’s expenditure. 

Learn practical ways of breaking your business down into smaller chunks, enabling you to get a better handle on where your business is performing well and what areas need further consideration.

In this session strategic dairy farmer Adrian Bland of Ninezergh Farm in Cumbria will share the measures he has taken to improve his recording of financial data.

You’ll will also hear from David Owen, Agricultural Consultant at Owen Farm Services. David will provide his appraisal of Adrian’s business and highlight the importance of having robust, financial data to create a solid base in which to create financial targets.

In the webinar you will learn how to:

• Look at the business from an enterprise level
• Evaluate the finances of your business
• Plan for Brexit, ELMS, loss of BPS
• Create an action plan and devise financial targets
• Empower yourself to make informed financial decisions

We want to make the session as interactive as possible, so we’d invite you to sign up and share your experience and raise questions for discussion.

Who should attend this webinar?

Anyone interested in finding out more about an honest appraisal of their dairy business and other enterprises.

For further information contact James Hague on 07792 289386 or James.Hague@ahdb.org.uk

About Ninezergh Farm

The Bland family have been tenants at Ninezergh Farm since the 1960s. The farm extends to 250ha and is now being managed by Adrian Bland in partnership with his wife and father. They operate an autumn block calving dairy herd of 120 cows yielding 8,000 litres and approximately 80 replacement heifers. Other livestock include a flock of 550 sheep and approximately 120 beef animals from the dairy herd reared to around 24 months.

Cows are summer grazed, calve in an autumn block between mid-August and late-October and are milked twice a day. Cropping is mainly forage crops of grass and maize.

They operate a four-way breeding programme, split equally between dairy and beef, that results in saleable stock from the herd.

The aim of the business is to maintain a sustainable business whilst enjoying the job and having time to enjoy off the farm.

The business scores well against the AHDB key performance indicators for autumn block calving.

Over the next three years, Adrian will continue to maximise production by utilising the four separate plots that divide the farm in the most efficient way possible. Adrian is passionate about bringing farmers together to learn from each other and is particularly interested in stimulating debate and feedback at forthcoming farm events. They will continue to ensure all business decisions have a positive impact on the overall profitability of the business.

You can find out more about Ninezergh Farm’s journey, learn from their experience and benchmark your performance by visiting www.ahdb.org.uk/farm-excellence/ninezergh-farm

About Strategic Dairy Farms

Strategic dairy farms help farmers learn from each other through regular on-farm meetings where we share key performance data and showcase what the best farmers are doing.

They form part of the Optimal Dairy Systems programme which aims to help dairy farmer’s lower costs and increase efficiency by focusing on either a block or all-year-round calving system.

The growing network of strategic dairy farms have calculated key performance indicators (KPIs) for their enterprises which are shared at meetings and published online. These are physical and financial performance measures that are critical to success. Farmers can benchmark their businesses against these KPIs and identify areas for improvement.

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