Farmers considering changing their business model can look at alternative options via a new Farm Business Fact Sheet from the Grains Research and Development Corporation (GRDC).
The fact sheet includes information on how to move to farm business models that may produce a more profitable and resilient operation.
Alternative farm business models could build profitability, provide more effective risk management by sharing the risk with others and assist farmers with business succession.
The GRDC fact sheet outlines structure and benefits of alternative farm models, details a successful corporate-style joint farming venture case study and links to resources.
Download the Farm Business Fact Sheet via grdc.com.au/FS-ConsiderChange.