Publications/Resources

Aims to explain why succession planning (the passing of the family farm) is an important issue for New Zealand agriculture, and to serve as your guide to help get your plan into motion.

To have a long-term sustainable farming industry in New Zealand, it is best to have farms pass efficiently from one generation to the next. Succession is, and will always be, a personal process for each family; there is no one solution that fits for all.

Is what we call a Finance 101. It is an easy to read guide, with the aim to help you to understand the numbers in your business and to create greater efficiencies to maximise your returns.

This has been written to add further value to the range of services that we offer to the farming community and to give farmers financial guidance.

Strips away the financial buzzwords and unnecessary complexity to help you to understand how you can make the numbers work for you, creating greater efficiencies, profits and security.

A business can only be managed well when the owner has an understanding of cash flow and the need for a budget. Knowing what is coming in and going out of the business (cash flow), helps you to plan and avoid surprises. To minimise the possibility of a cash problem, the answer is as simple as understand your budget and cash flow.

There are 7 steps to creating a business plan that will set your business apart and let you achieve success in your business. Not having a plan exposes yourself to several major issues such as poor financial reward, extra operational expenses, lower returns, frustration due to unclear objectives, and limited communication around the future of your farm. While many farmers do have a plan in the back of their minds, these are not written down or communicated with all parties involved.

CMK has developed a comprehensive and efficient 7 step guide to help you to create a business plan that will set your business apart and help you achieve success.