Planning for Profit
About Planning for Profit: Planning for Profit is DairyCo’s planning workshop for dairy farmers, who will get a chance to work through real financial and physical management and nutritional scenarios for their businesses.
The workshop is offered in two formats: a 2-day residential workshop or a 1-day session.
The 2-day residential workshop is a great chance to get away from the day-to-day farm tasks and to really focus on the potential of your business.
The 1-day workshop approach spends less time on technical aspects but still enables the testing of ideas and looks at ways to push the business forward but without the time away from home of the residential workshop.
Specialist consultants’ work with you to explore your business, using the farm's actual cost of production as a base point (collected from you prior to the workshop).
Attendees also benefit from the chance to share experiences and ideas with other farmers, along with technical sessions on nutrition, utilisation of feeds and core costs per cow. Importantly you are able to test different scenarios for your business.
The next Planning for Profit workshops are:
Currently proposed dates for 1-day workshops are 18 and 25 March and 15 and 22 April.
It is most likely that the area the workshops will take place in will be Scotland, Cumbria, Somerset and Cornwall (we will try and match demand for dates and venues to suit the majority).
Would any of these dates and venues be of any use to you?
If you’re in a different area and would like to take part then just let me know and we can look at sorting a workshop in your area too.
More about the workshops:
Up to nine businesses together with three consultants specialising in nutrition, business and grassland management
Day one: 8.45-5.30 – Goals, profit targets, how much you are worth, holding costs of a cow, understanding energy demand and intake, grassland management and starting to test ideas for changes to make to your business.
Day two: 8.00-4.00 – Reviewing changes for capital implication, further nutrition concepts and their implications on your plans and reality check of your ideas.
Accommodation, evening meal and all refreshments included
Up to four businesses together with two consultant specialising in nutrition and business management
Day one: 8.45-5.30 – Goals, profit target, understanding your costs.
Testing scenarios and changes for your business, including financial and nutritional requirements and reconciliation all aimed at making your business more robust.
All refreshments included
Click here to view some thoughts from farmers that have been on Planning for Profit.
If you are interested and would like to find out further information about a Planning for Profit workshop in your local area please contact your local Extension Officer or Rachael Chamberlayne on 02476 478788 or firstname.lastname@example.org