BCCA was excited to subsidise 16 North Burnett members to attend a Business Edge – Know Business, Grow your Business Workshop, hosted by Bush Agribusiness in Monto on 29-30 April.
The Business Edge is part of MLA’s EDGEnetwork suite of courses which aim to offer practical learning opportunities to help producers improve their enterprises. The workshop challenged producers to really consider whether their business is providing them with more than just a job and assess whether it is providing sufficient returns given the capital and time invested.
Participants included grazing and mixed-enterprise producers, and ranged from multi-generational businesses to those just entering the industry. All were able to acquire a broad range of business management knowledge and skills to improve their own business efficiency and profitability. Some of these included – preparing and understanding key financial information, economic sustainability, managing agricultural business risk, managing working capital, understanding and managing enterprise performance, key profit drivers and how to influence them, as well as what effect they have on overall business performance. These skills will be highly beneficial to producers and assist in building whole of business resilience to a number of external factors, including natural disasters.
Subsidies were funded by the 2017-18 Natural Disaster Resilience Program, proudly funded by the Commonwealth and Queensland Governments.