sheep and cows grazing in scotland© John Eveson/FLPA/imagebroker/Rex/Shutterstock
Farmers have been using figures to help them make decisions for millennia – only now it’s called data, and it’s becoming much more sophisticated. Benchmarking is the comparison of the financial and technical performance of a business with others and can help identify areas for improvement and inform decision-making. This can help a business to become more efficient. More recently, technology has made it easier to closely record and analyse data, making benchmarking easier and potentially much more sophisticated. Anything […]