Epiosde 49: Smart risk taking in the Australian farming game with Eric Nankivell

In this insightful episode, Eric Nankivell, an experienced farm consultant, shares his journey in the agricultural sector and the unique challenges and opportunities of farming across Australia.  Eric discusses the critical role of consultants and advisors in the farming industry, highlighting how they provide validation and support for better decision-making. He underscores the significance of incremental improvements in profit and cost reduction, urging farmers to focus on increasing income and profitability through informed and strategic decisions. Listeners will gain valuable insights into the importance of understanding all components of a farm business. Eric explains how analysing income, yield, and cost structures can uncover opportunities for improvement. The conversation covers essential topics such as benchmarking, managing increasing costs, and the need for strategic business management in farming. Tune in to learn from Eric Nankivell's extensive experience and discover practical advice on balancing costs, making strategic decisions, and tracking key performance metrics to enhance your farming operations.   Disclaimer The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

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