user_mobilelogo

blog dairy3

All of our Rural Financial Counsellors have completed specific training allowing them to advise dairy farmers in the use of the "Taking Stock" tool.

"...The "Taking Stock" tool was developed by Dairy Australia for farmers to use in conjunction with their advisors..."

The Dairy Australia website explains that, 

".... The Taking Stock tool helps you assess the current financial and physical health of your dairy farm business.

It will help you:

  • manage your budget
  • calculate your pasture consumption
  • manage your balance sheet
  • manage your people costs
  • better understand your business performance and,
  • create an action plan.

A Dairy Australia initiative, the Taking Stock tool was originally developed in 2004 for use by the whole industry and has evolved from a spreadsheet tool to a comprehensive process that helps farm families review all aspects of their farm businesses and develop an action plan.

Taking Stock sessions are confidential and delivered by trained industry advisors to help farm families work through key management decisions and identify support available to manage their businesses through challenging times.

Advisors work with key members of the farm team over the kitchen table to support financial and physical analysis of their operation and facilitate discussions regarding the current business position, future options and an action plan for the business..."

Learn more about the Taking Stock tool on the Dairy Australia website or give us a call 1300 834 775

Call 1300 834 775 to find out what assistance we may be able to provide you, or make an appointment with one of our experienced Rural Financial Counsellors.

AgBiz Group

ABA logo

 

AgBiz Care Logo 300

Contact Us

Rural Financial Counselling Service Victoria - North East.

Unit 1, Enterprise House

3 Stanley Street

Wodonga VIC 3689

PHONE: 1300 834 775

EMAIL: info@rfcsvicne.org.au

FAX: (02) 6100 6123