Women in Agriculture, Lothian: Benchmarking

Following on from the understanding your farm accounts meeting, benchmarking allows for further understanding of your businesses position and can be used for future strategic planning.

Consider how your business’ performance has changed year on year, judge which enterprises are most successful and compare your farm to industry averages. These can all be done through benchmarking.

Through this online meeting we will discuss with examples how benchmarking can be used, and which figures and ratios are key to understanding your business and comparing to industry averages.

Speaker: Kev Bevan, Agricultural Consultant