Grower recap of the 2017 Mingenew Farm Business Update - Nicole Batten

Name: Grower recap of the 2017 Mingenew Farm Business Update - Nicole Batten
Uploaded: 2017-02-15T10:58:50+00:00
Duration: 1 min 3 s
Channel: Gerri the NVT Guru
Description: A grower recap from the 2017 Mingenew Farm Business Update (Nicole Batten) emphasizing how the timing of events prompts decision-making and business…

15 Feb 2017 · 1 min

Watch on YouTube

1:03

A grower recap from the 2017 Mingenew Farm Business Update (Nicole Batten) emphasizing how the timing of events prompts decision-making and business analysis. The speaker highlights this as a seasonal time for planning the year ahead, and raises longer-term considerations — succession planning, evaluating current technology, and non-traditional growth options (partial corporate/shared arrangements rather than 100% family ownership). The tone is conversational and suggestive, aiming to prompt ideas rather than prescribe a single approach.

Chapters

It's the timing of event, you know, that triggers some of the thoughts in your decision making and your business analysis. It's the kind of business analysis time of year. So I think every speaker has highlighted some key messages that we can all take on board for this time of year, especially when you're planning for the year ahead, but also long term as well in regards to succession and, you know, planning your strategies and, you know, looking at your current technology and, you know, how you can grow that you don't always have to be, you know, operating your business as a 100% traditional family farming business. If you're looking at growing or expanding at any point, there's options to even not completely go into a corporate model or a shared model. But certainly, you know, parts of your growth could bring in those elements. So it certainly plants some seeds for thought, that's for sure.