The GrowFARM Season Plan – Putting the 6 Profit Principles into action

The new farm plan to deliver profit sounds great and you want to put it into action as quickly as possible! You understand the 6 Profit Principles and you have run the scenarios through the GrowFARM ProfitLIVE System. But hang on – how do all these opportunities and their timing fit together to make the system sustainable year on year, as well as deliver profit consistently?

Principles understood and numbers on a page in a straight line are great preparation. However many of us need a pictorial format to slot the new system into place in our minds, just as it would look if we think about the financial year as being a cycle. This is where the GrowFARM Season Plan template delivers value. It enables a more practical understanding of how the new way of doing things will fit together. All GrowFARM clients have the template available but it can be drawn by anyone on a sheet of paper. Here’s how it is done:

• Firstly draw a circle and divide the line of the circle is into 12 equal sections. Label each with the name of a month in sequence.
• Next, draw a line for each profit opportunity (stock class) you wish to add to the Season Plan on the outside of the circle, covering the duration of its Profit Period. Label the line with the name of the stock class e.g. Ewes and Lambs, R2yr Steers etc.
• Then, write ideal target Pasture Covers inside the circle, at the key times of year to make the Profit Periods deliver (units: kg DM / Ha). Inherent in this is the appropriate quality of pasture – See the article on Profit Principle #4.
• Determine when the major Profit Periods in the year occur and understand which animals contribute to make those into Profit Periods.

Understand that putting your time, energy, money and other resources into low or non profit periods will bring you little or no profit. Putting your time, energy, money and other resources into profit periods will bring you profit. It is that simple.

In saying the above, you can use non-profit periods to set up the business (pasture, funding) to take maximum advantage of the subsequent Profit Period. Remember to ensure that you do not compromise a Profit Period by doing so. Profit is available in a Profit Period and if you want to receive profit from your business, do what it takes to make that happen.

All plans are open to adjustment. Use this process to fine tune the timing of carrying profitable stock. Keep reviewing the plan through the year as you progress and update it as necessary. If you need to start again for whatever reason, then redraw the plan. This is a plan or an estimate so any adjustments can be lessons learned from doing it well, missing opportunities or not carrying out the profit period as effectively as you could. Never lose the lesson!

Contact Brendon now for more detailed information on how the Season Plan works as part of the whole system of delivering profit. Find out how you too can use the GrowFARM System for the delivery of the results you really want.