Farmers attending next week’s Turriff Show are being encouraged to take a proactive view of their businesses at a ‘Farming for the Future’ forum on the show’s Monday afternoon.
The forum will be hosted by Davidson & Robertson (D&R), rural surveyors and consultants and will focus on topical issues including Business Planning, Contract Farming and the Tenant’s Amnesty.
Preparing for the future
Visitors to the firm’s stand at the 2017 Turriff Show generated much debate around Brexit and the shape of farming in the future.
Fuelled by last year’s discussions, D&R is inviting the farming community to a short session at this year’show, where their team of specialists will talk around subjects clients have highlighted as areas of concern.
Alasdair Cunningham, agricultural consultant based in the D&R Maud office, will be focusing on business strategy, he said: “Regardless of the final form Brexit takes, businesses that are proactive and fully understand their asset base, income and costs will be best placed to succeed.
We strongly encourage clients to benchmark and a great deal of time is spent helping clients structure their businesses, exploring costs and income generation and in some cases, consider farming their assets rather than just agriculture – looking for alternative land uses.
“A hot topic is succession planning, enabling an orderly exit from hands-on farming. We like to encourage younger family members to get involved in decision making – they are the next generation of land managers and can often bring new ideas and an energetic approach.
“We’re expecting a real mix of farming generations to attend.”
Martin Hall, D&R managing director and Ian Austin, associate director will discuss opportunity on the Tenant’s Amnesty for farm improvements and, for those looking at alternatives to tenancy agreements, there will be a spotlight on contract farming.
The Future of Farming Forum takes place on D&R stand number 78 on Monday, August 6 at 1:30pm. It is free to attend, but for more information or to RSVP, contact the Maud office on: 0177-1613-717.