Now that corn, beef or milk prices have increased to more sustainable levels, your business cashflow will hopefully improve compared to the last 2-3 years of disappearing cash.

So, looking forward, how could your business cope with another downturn in prices?  Have you a plan to cope better next time?  Prices will go up and down totally outside your control.  Is your business fit enough to cope with price volatility?  Is it strong enough to pass on to the next generation as a viable business?

Now is the time to sit down with partners, third party advisors such as accountant, bank manager and farm consultant, to take an independent view on helping you achieve your objectives.

Do you know what the risks are and which ones are most relevant to your business?  For an independent appraisal of your business and help to draw up a plan to make your business better able to cope in the future , contact Gerard at gerardfinnan@fcgagric.com