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
- Financial management considerations for producers (Bronwyn Schultz). 31:46; published 7 July 2020 by FutureBeefAu.
- Financial drought recovery (Kristie Clark). 4:43; published 7 July 2020 by FutureBeefAu.
Playlists
- Financial management considerations for producers (Bronwyn Schultz).
- Financial drought recovery (Kristie Clark).
Download a copy of the presentations
- Financial management considerations for producers (Bronwyn Schultz; 2.51 MB, PDF)
- Financial Drought Recovery (Kristie Clark; 0.9 MB, PDF)
The links to other parts of this webinar series, Part 2: Beef management and Part 3: Grains industry are listed below under additional resources.
Additional resources
- Making profitable management decisions after the dry Part 2: Beef industry
- Making profitable management decisions after the dry Part 3: Grains industry
- Rural Financial Counselling Service (Southern Queensland)
- Drought grants and assistance
- Transport-related drought assistance
Full recording – Financial management considerations for producers (Bronwyn Schultz)
Playlist – Financial management considerations for producers (Bronwyn Schultz)
- Financial management considerations for producers
- Disclaimer
- How does the rural financial counselling service help?
- A rural financial officer can…
- Understand your financial position
- Why…what’s the value?
- Working with your bank
- Developing a business plan
- Cash Flow – what’s the point?
- Tools (to use)
- Support available
- In summary…
- What’s in the toolbox?
- Take home messages
Full recording – Financial drought recovery (Kristie Clark)
Playlist – Financial drought recovery (Kristie Clark)
- Making profitable management decisions after the drought
- Drought Relief Assistance Scheme (DRAS)
- Eligibility (with agistment)
- Restocking
- How do I apply?
- Take home messages
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 use the tabs below to select and watch a full recording or use the playlists (below each recording) to jump to the start of a particular section within the recording. You can also access the powerpoint presentations and find links to some additional resources.