Making profitable management decisions after the dry Part 1: 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. The links to other parts of this webinar series, Part 2: Beef management and Part 3: Grains industry are listed below under additional resources.