Improving Your Business: Five Key Tips

Producers across Australia are gearing up for MLA’s upcoming Business EDGE workshop, set to take place in Tamworth on 7­­–8 May. This two-day event will be led by industry experts Simone Parker from Bush AgriBusiness, Queensland, and John Francis from Agrista, NSW.

Simone and John bring a wealth of knowledge to the table, with Simone specializing in family governance and John focusing on operational strategies for productivity. Together, they will provide practical steps for producers to increase profitability and plan for the future of their businesses.

According to Simone, understanding the numbers and setting relevant goals are key components of business success. She emphasizes the importance of succession planning and family governance in ensuring a business’s longevity and performance.

The workshop will also cover topics such as financial literacy, effective communication within family businesses, and strategies for growth and efficiency. With economic conditions constantly changing, staying informed and adaptable is crucial for success in the red meat industry.

John highlights the importance of taking advantage of the business management skills offered by Business EDGE, especially in the current economic climate. He encourages all livestock producers in Australia to participate in the workshop, as there is valuable information for everyone to take away.

With registrations now open, producers are encouraged to secure their spot at the Business EDGE workshop to gain the tools and knowledge needed to drive profits and plan for a successful future in the red meat industry.