Farm Business Resilience Program: Coaching Program
The Farm Business Resilience Program: Coaching Program has been developed to provide support to farmers to help improve their farm business acumen and achieve their business goals. Successful applicants will be assigned an experienced business coach based on their farm business enterprise and location.
If you’re a
. member of a viable farm business and are looking to improve your farm business strategic management and planning skills to build resilience to future drought and the impacts of climate change, you are eligible to apply.
Hear from some farmers who have been part of our pilot coaching program in 21-22.
What is the farm business coaching program? What is the farm business coaching program?What is the farm business coaching program?
The coaching program offers subsidised access to professional business coaches who will deliver both on-farm support and group workshops to prepare you and your business to for the risks and challenges the industry faces.
- Business coaching will:
- Give you the knowledge and tools needed to get the most out of your farming business.
- Improve your financial skills and, in the process, learn new ways to build the financial viability of your business.
- Offer new skills and techniques to build your own personal resilience, to help you focus on the opportunities and be equipped to deal with challenges.
- Improve your confidence in making business decisions and managing farm risk.
- Delivery methods are tailored to your needs to ensure that learning and support is available no matter where you are.
- You choose what you want to achieve, it's your journey.
What do you get? What do you get?What do you get?
You'll get 9 months of business coaching to help you and your farming business. Together with your coach, you will identify the strengths of your business and the opportunities for enhancement, allowing you to set business goals to build on the viability and overall resilience of your farm business.
The program offers:
- One on one coaching
- Fortnightly confidential one hour, one on one coaching sessions via zoom (or similar online system)
- Group coaching workshops
- 4 x face to face workshops with your coach and a group of 6 farming businesses. These workshops will run for a full day and will give you the opportunity to share your challenges with other farmers and look for opportunities to improve your business.
- Farm Tours
- 4 x farm tours. The day before your group meeting, you'll have a farm tour so you can see how another business in your coaching group operates. These meetings will be held in different locations across NSW which you will be required to attend.
- Personal support
- You’ll have 9 months of dedicated support from your coach. You’ll also have phone and email access to your coach between meetings.
When does it start? When does it start?When does it start?
The 2022-23 program will begin in September 2022 and run to June 2023.
What is expected of me and my business? What is expected of me and my business? What is expected of me and my business?
If successful in the program, you will be expected to attend and participate in all 4 farm tours and coaching meetings which will include travel and overnight stays. Participants will pay for their own accommodation and travel expenses. The program offers support to cover some expenses if you are facing financial hardship.
Who will be my coach? Who will be my coach?Who will be my coach?
The application process involves an online application form and interview where we match your farming business to a member of our Farm Business Resilience Program coaching team. You will be matched based on your coaching needs and location.
Farm businesses are allocated business coaches by the Farm Business Resilience Program team. All allocations are final, and participants cannot change or choose their coaches. The Dept reserves the right to make changes to the program at any time.
What does it cost? What does it cost?What does it cost?
Successful applicants pay a co-contribution of $2200 (including GST). This is a heavily subsidised rate - the Farm Business Resilience Program and Australian Government's Future Drought Fund are funding the main component of the business coaching program. Applicants’ contributions can be paid upon entry into the program or in installments over the first 12 weeks of the program if required.
Experiencing financial hardship? Experiencing financial hardship?Experiencing financial hardship?
Successful applicants experiencing financial hardship can apply for travel and accommodation support by contacting firstname.lastname@example.org
Am I eligible? Am I eligible?Am I eligible?
An eligible farm business is
- carried on by a primary producer and trades as a primary production business in the agriculture, horticulture, pastoral, apiculture, or aquaculture industries
- located in New South Wales, Australia and undertakes all primary production aspects of the business wholly within Australia
- registered for tax purposes in Australia with an Australian Business Number (ABN) and is registered for Goods and Services Tax (GST)
- established under the legal structure of a sole trader, trust, partnership or private company
- commercially viable
A viable farm business is
- able to generate sufficient net profit under normal seasonal and market conditions after fixed and variable expenses to service borrowings (if applicable)
- able to provide an adequate standard of living for relevant members of the farm business
- able to allow investment on-farm to maintain the farm’s productive assets
- financially sustainable and productive long term OR able to demonstrate genuine potential to become a viable business (as outlined above)
If you own, operate or are an employee of farm business in NSW that meets the above criteria and are looking to improve your farm business management and planning skills to build future drought resilience and impacts of climate change, you are eligible to apply.
If you’re successful, you will be required to provide your 2020/21 tax return and financial statements and 2021/22 financial data to your business coach (for new businesses – your most recent financial data).
You will also need to provide a statement from your accountant showing that you are operating a viable farm business.
Who isn’t eligible? Who isn’t eligible?Who isn’t eligible?
You are not eligible for this program if:
You, or an owner of your farm business, are an employee of the Department of Regional NSW, you are not eligible for this coaching program.
Your farm business is currently undergoing farm debt mediation
You have received previous business coaching with the NSW DPI’s Young Farmer Business Program or the Farm Business Resilience Program, you are not eligible for this coaching program.
Your farm business is located outside NSW
Your business doesn’t meet the requirements to be deemed a viable business
What happens next? What happens next?What happens next?
All applications will be reviewed by the Farm Business Resilience Program team. If your initial application is successful, you will then progress to an online interview. If successful, you will be assigned your business coach and commence the program in September 2022. You will be required to provide your 2020/21 tax return and financial statements and 2021/22 financial data to your business coach (for new businesses – your most recent financial data) prior to commencing the program.
Need help completing your application? Need help completing your application?Need help completing your application?
Contact Mitchell Hulm on 0428 066 023.
The Farm Business Resilience Program is a program jointly funded through the Australian Government’s Future Drought Fund and the NSW Department of Primary Industries that gives farmers the skills and knowledge needed to build stronger, more resilient businesses.
The NSW Department of Primary Industries has recently launched the Farm Business Resilience Program; a program; jointly funded through the Australian Government’s Future Drought Fund and the NSW Department of Primary Industries (DPI). Designed for all enterprises large and small - farmers, farm managers and their employees to manage risk adapt to a changing climate and improve their business’ economic, environmental and social resilience. The Farm Business Resilience Program is part of the Australian Government’s Future Drought Fund, one of 8 different programs aimed at strengthening the agricultural industry for future adverse events.
Our program takes a multi-faceted approach; offering business coaching, farm tours, workshops, networking events and the creation of resources for farmers across NSW. The 2021 business coaching intake saw 135+ farmers from across NSW where business plans, bank ready budgets and drought strategies were created. The Farm Business Resilience Program partnered with NSW Local Land Services to deliver a wide variety of workshops and events; from succession planning to pasture management; farm finance to carbon farming.