Planning for Profit: Farming for profit with Daniel Toohey

Farming and Profit: While we know the weather plays a huge role in whether a season comes off or not, knowing where your money goes and why, as well as where you want your farming business to be in five, ten years, is crucial in running a profitable farm business. This is the first episode in an eight part series “Planning for Profit”, featuring Daniel Toohey, a Farm Business Advisor at Planfarm Advisory, who uses his wealth of knowledge and experience to provide strategic guidance and support to farming enterprises. He has a Bachelor of Science with a major in Agricultural Science from The University of Melbourne. Daniel is also a fifth-generation beef, lamb and potato farmer at Springbank, Victoria, so he understands the intricacies of a farming business! In this episode Dan steps us through some of the easy things we can do now to make our business more profitable and make some of our decisions a lot easier too! You can hear more from Dan on Generation Ag here and find out about some of Planfarm Advisory's clients experience here. To find out more about BCG, visit www.bcg.org.au In the spirit of reconciliation, BCG acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea, and community. We pay our respect to their Elders past, present and emerging.    Disclaimer: The Birchip Cropping Group Inc. (“BCG”) makes no warranties regarding merchantability, fitness for purpose or otherwise with respect to this podcast. Any person relying on this report does so entirely at their own risk. BCG and all persons associated with it exclude all liability (including liability for negligence) in relation to any opinion, advice or information contained in this podcast and any consequences arising from the use of such opinion, advice or information to the full extent of the law, including but not limited to consequences arising as a result of action or inaction taken by that person or any third parties in reliance on the report. Where liability cannot be lawfully extinguished, liability is limited to the re-supply of the report or payment of the cost of resupplying the report. You should seek independent professional, technical or legal (as required) advice before acting on any opinion, advice or information contained in this podcast.See omnystudio.com/listener for privacy information.