Farm Advisory Service Scotland New Entrant Training Events
The Farm advisory service is offering three new entrant training events in July. See details below and follow the links to register.
July 17th: New Entrants to Farming: Succession Planning Webinar
Succession of farming and other rural businesses can be a daunting and complex process, but this is extremely important for the future of the business. In this 1-hour webinar hosted by FAS, we will be joined by succession expert, Heather Wildman of Saviour Associates who will guide us through starting the succession journey, how to start the conversation, who to involve, how to make sure all generations are happy and many more key tips. The aim of the webinar is to create a starting point for conversations between families on succession. Follow the link to register.
July 23rd: New Entrants to Farming – Business Planning, Put A Plan Into Action (Dumfries)
A business plan is an essential tool to assess the financial viability of a business and it is the document that banks or other investors will want to see seeking finance. New entrants, or even well-established farmers proposing a new enterprise, will find preparing and presenting a business plan very beneficial, as they communicate their ideas to lenders.
On Tuesday 23rd July at Barony College, 7pm-9pm Rodney Wallace, Agriculture Director at HSBC will advise and demonstrate what you should include in a business plan which is intended for a potential investor. With uncertain times ahead in farming it is ever more important that these professional skills are learned for new and existing businesses to move forward. >He will cover a future strategy for business planning, what the bank looks for and then participants will look at a case study. He will also touch on the threat of financial fraud
July 24th: New Entrants to Farming – Setting Up A Profitable Enterprise (Forfar)
In this workshop event, participants will be given a farm tour of Craignathro Farm. Matthew Steel will describe his current system then the group will be asked to appraise the business, looking at its strengths and weaknesses, then decide on a strategy to take the business forward. The Event will be led by David Ross (SAC Consulting) discussing enterprise profitability and finance with the group. >This event will give New Entrants the necessary tools to look business opportunities from an objective viewpoint. This meeting is being run in response to a training need which has been identified by new entrants and young farmers in the area. As the event will be on farm please remember to wear footwear suitable for disinfecting.
