Improving your Financial Scorecard

(2 day workshop)

Workshop requested by 1 day workshop participants who wished to increase their business management understanding.

Who will benefit from this training?

  • Farmers who are:
    • concerned about their future business viability
    • wanting to deal more effectively with their bank
    • needing support to understand their business risk and how to move forward
    • seeking a better understanding of their business performance
  • Farm advisers who are:
    • looking to support farm businesses to survive and prosper
    • looking for a simple but comprehensive way of understanding their client’s business financial health.
  • Accountants who wish to improve their financial and management services to their rural clients, far beyond the confines of tax management.


How does the learning happen?

  • The workshop is a mix of instruction and group activities. Participants working on their own business tax return in both an instructional and a participatory workshop environment.
  • A detailed farm case study tax return is used by all participants, so the finial outcomes can be freely discussed.
  • Farmers work on their own tax returns, while confidentiality is maintained.
  • Farmers may choose to discuss their findings and options with the trainer.
  • A simple instructional manual is provided so participants can be guided to do these calculations each year they complete their tax return.
  • A detailed discussion of how banks assess clients ongoing creditworthiness


  • Be energised and re-engaged in the business management side of running a profitable and sustainable business
  • How to develop the essential farm business budgets of Profit & Loss and Balance Sheet accurately from your tax return figures.
  • Ability to calculate essential financial ratios to benchmark business’ performance
  • Understand how bank’s view businesses and how you can positively influence their opinion
  • Better understand your business financial position and risk.
  • Plan and set goals for the future success of your business
  • Present a clear picture of business performance to stake holders including banks