Business and Collaboration
Farming is a business and businesses must look to develop and evolve ahead of future challenges. This may require investment in technology or infrastructure; expanding in herd number or acres; or diversifying into different enterprises to make the business more risk averse.
Collaborative working or partnership working – includes a whole spectrum of ways that two or more organisations can work together. It can cover informal networks and alliances, joint delivery of projects or a full merger. Collaborative working can allow resources to be shared, costs reduced, and outputs maximised.
The Monitor Farm Programme has been an example of successful collaborative working between arable and livestock enterprises.
All monitor farms are using Farmbench to benchmark their whole farm. Each monitor farm has a business group who are working together using Farmbench to analyse their businesses and identify areas for business improvement.