Making profitable management decisions after the dry (Financial Management)

Recovering from drought is a challenging period, particularly as many businesses find themselves in a tight financial position. Proactive financial and business planning during this time will ensure your business is in the best position to return to a positive cash flow and profitable operation as quickly as possible.

Part one of this (three-part) webinar series will focus on:

  • Understanding your financial position – developing cash flow projections, identifying options to improve your cash flow
  • How to improve negotiations with your bank – what are the banks looking for?
  • Developing a business plan – what are the key components & where can I find additional support?
  • Planning for the future – medium-long term business planning
  • Financial assistance for recovery – what support is available through the drought relief assistance scheme and what are the eligibility requirements?

By watching the full recordings you will hear from two very experienced presenters:

1. Bronwyn Schultz – Rural Financial Counselling Service, Southern Queensland
2. Kristie Clark – Senior Industry Development Officer, DAF

You can watch the full recordings or use the playlists below to jump to the start of a particular section within the presentations.

Full recordings

Playlists

Download a copy of the presentations

Additional resources

Full recording – Financial management considerations for producers (Bronwyn Schultz)

Playlist – Financial management considerations for producers (Bronwyn Schultz)

  1. Financial management considerations for producers
  2. Disclaimer
  3. How does the rural financial counselling service help?
  4. A rural financial officer can…
  5. Understand your financial position
  6. Why…what’s the value?
  7. Working with your bank
  8. Developing a business plan
  9. Cash Flow – what’s the point?
  10. Tools (to use)
  11. Support available
  12. In summary…
  13. What’s in the toolbox?
  14. Take home messages

Full recording – Financial drought recovery (Kristie Clark)

Playlist – Financial drought recovery (Kristie Clark)

  1. Making profitable management decisions after the drought
  2. Drought Relief Assistance Scheme (DRAS)
  3. Eligibility (with agistment)
  4. Restocking
  5. How do I apply?
  6. Take home messages