In this insightful episode as we sit down with Pete Newman, a seasoned consultant from Planfarm based out of Geraldton, Western Australia. Pete brings a wealth of experience and expertise in farm business management, agronomy, and agricultural consulting.

In this engaging conversation, Pete shares his insights on the crucial importance of farm business management skills for the incoming generation of farm managers. With multi-million pound farm businesses becoming the norm, Pete delves into the essential business skills necessary for success in the modern agricultural landscape.

Drawing from his experience, Pete discusses the key aspects of farm management, including understanding farm profit, machinery investment, marketing strategies, succession planning, and more. He highlights the evolving skill sets required for today's farmers, emphasising the shift towards a more business-oriented approach for sustainable success.

Throughout the episode, Pete offers practical advice for young farmers looking to take over the family farm or pursue a career in agriculture. From understanding financial ratios to effective people management, Pete provides valuable insights into the skills needed to navigate the complexities of modern farming enterprises.

Listen in as Pete shares success stories of individuals and families who have benefited from the Planfarm Academy, and learn how you can accelerate your career in agriculture through quality training and education.

Whether you're a seasoned farmer or a newcomer to the industry, this episode provides valuable insights into the evolving landscape of farm business management and the skills needed to thrive in today's agricultural sector. Tune in now to gain invaluable knowledge from one of the industry's leading experts.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.