IT is anticipated that up to 50 mixed farmers from the Central West and Upper Hunter regions will take advantage of the Rural Assistance Authority funding eligible Principals of Profitable Farm Leasing course scheduled for June 8 in Scone.
The course will run from 9am to 3pm.
Participants will learn the keys to success when leasing land and understand how to rationally appraise a land leasing opportunity.
Furthermore, 50 per cent of the course cost is funded by the RAA Farm Business Skills Professional Development Program for eligible participants.
Holmes Sackett farm leasing and expansion workshops have been run throughout Australia since 2009 with more than 500 participants completing courses.
Over 95 per cent of participants stated that they would recommend this course to others.
This farm expansion workshop is relevant to landlords and tenants and applies tried and tested business management principles to the often misunderstood discipline of land leasing.
The Principals of Profitable Land Leasing course is to be delivered by respected farm business consultant, John Francis, a director of Holmes Sackett, Wagga Wagga.
Mr Francis has a background in agronomy, expertise in farm business management and investment analysis and a keen understanding of the drivers of profitability on farm.
His client work and development of the farm leasing and expansion course content, notes and tools have provided him with an excellent understanding of the drivers of success in farm expansion.
He has run more than 25 Principals of Profitable Land Leasing courses in NSW, Victoria, Western Australia and Tasmania.
“Some businesses are making money on leases,” Mr Francis said.
“However, some are not.
“Prospective lessees need to understand the principals of undertaking a successful lease venture, otherwise they’re liable to come unstuck.
“Understanding current business performance is pivotal; replicating poor performance of a larger (leased) area can just bury businesses further in debt.
“Replicating good performance can yield excellent returns.
“The secret is in knowing the difference before you commit.”
Nick Pearce is a manager with Rabobank in Armidale and a past course participant.
“Holmes Sackett is able to back up their findings with some real numbers,” he said.
“Mr Francis had excellent agronomic and animal production knowledge, and I wish more courses were as factual and to the point as this one was.”
The course agenda is not all about boring lawyers speak and water-tight agreements, as one may imagine.
The interesting and thought provoking agenda will include:
• An introduction to leasing
• Lease myth busting
• Understanding farm performance
• Dealing with volatility and risk
• Investment principles
• Case study – a local lease example
Those who should attend include:
• Farm business managers looking for expansion opportunities (lessees)
• Prospective landlords (lessors)
• Agribusiness service sector professionals such as
• Accountants
• Agronomists
• Bankers
• Consultants
The cost of the course is $650 (plus GST) per participant; however, there is up to 50 per cent course cost reimbursement for NSW RAA eligible participants – check your status at www.raa.nsw.gov.au
The cost of the workshop includes:
• Access to consultants expertise
• A copy of the presentation
• A comprehensive manual
• Practical on line tools
• Morning tea and lunch
To register online visit https://farmleasingprincipals.eventbrite.com.au or phone Holmes Sackett on 6925 1758.
