Assetsphere are delighted to announce the provision of additional services for the rural sector that will include farm budgeting, enterprise performance analysis and feasibility studies along with expert advice in respect of Grant funding scheme applications.
An example of the additional services available include developing a business strategy for a progress farming business.
A well-run business that wants to continue business growth can often be the most demanding of projects. First-hand experience of developing a new business strategy was with a landowner with a large dairy herd, substantial milk bottling plant and poultry unit with large number of employees, high turnover and profit.
Serious consideration was given to buying a competitor’s businesses, purchasing more land and expanding the dairy herd, opening a farm shop, moving site altogether, a whole series of overhead reductions and introducing renewable energy to save costs.
A 12-point plan was drawn up, almost all of which have now been implemented. The business has increased turnover and profitability and is steadily increasing net worth. The profits generated are now being reinvested in a new milk processing plant to further future proof the business.