Farm Accounts
Benchmarking Matters – What, Why, How?
Amid the daily challenges of owning and managing a farm business, you could be sitting on untapped profit that can be found by looking at your farm accounts information. The method for uncovering these opportunities is benchmarking. Benchmarking is the process of comparing your farm’s financial performance against: Industry standards. Businesses similar in size and…
Profit Snapshot 2023 – 2024: How does your Farm Business Measure Up?
Every year the Scottish Farm Business Survey produces national group average datasets from 400 Scottish farms for you to benchmark your business against to assess your farm business performance. Take these steps for quick comparison: Visit the Whole Farm Benchmarks Tool 2023-2024 Choose your farm type on the left from the drop down box. Dig…