Know How / Finance

A good grasp on the costs of production can often be what sets the best performing farms apart from the rest. See how benchmarking and budgeting information can be used to help strengthen your financial management and manage cashflow. Plus, get expert advice on how to access finance.

Practical advice

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FINANCE

Remortgaging – how to reduce costs, stress and time

Remortgaging farm properties is a similar process to buying, so good preparation is vital to keep time, cost and stress to a minimum. Lenders will want to ensure that their…

BUSINESS CLINIC

Business Clinic: Using arable profits to prepare for Brexit

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Mark Chatterton of accountant Duncan & Toplis advises on the tax…

BUSINESS CLINIC

Business Clinic: Borrowing to buy land - what to consider

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Charles Skelton of Savills sets out what to consider when increasing…

FINANCE

Peer-to-peer lending for farmers: What you need to know

Peer-to-peer is the modern equivalent of borrowing money from a friend or family. It is a form of borrowing and lending between individuals, or “peers”, without a traditional financial institution…

BUSINESS MANAGEMENT

What is lasting power of attorney and why is it so important?

Officially naming someone to have the power to take care of your financial affairs if you suffer an incapacitating illness or injury will allow a your business to function more…

FINANCE

6 ways arable farms can reduce business risk

Insufficient income and tight cashflows remain the main problems on many arable farms, particularly when viewed against the likely tightening of support payments. The pressure points businesses will face over…

BUSINESS

Business Clinic: Tax bill on family farmland buy-out

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Peter Griffiths, tax director at Hazlewoods, advises on inheritance tax (IHT)…

BUSINESS

How to improve your chances of securing a farmland mortgage

Buying farmland is a hurdle too high for most young farmers and new entrants. The average acre of land costs four times what it did in 2003, meaning most will…

BUSINESS

Podcast: Fertile Minds on finding and managing finance

New entrants to farming who turn to the bank of mum and dad for funding should always agree the terms in writing. This was the advice from John Hartwright of…

BUSINESS MANAGEMENT

Tax and finance advice when expanding your farm business

In the drive to expand, business managers often focus on the practical, but getting the financial stucture correct deserves proper planning time too.  There can be both short- and long-term…

BUSINESS CLINIC

Business Clinic: Danger of undocumented family loans

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Robert James of Thrings offers advice on loans to family members.…

BUSINESS

Questions about pensions you should be asking

Changes to pensions legislation mean savers have more flexibility when it comes to taking their pension. Farmers Weekly has asked chartered accountants Saffery Champness to answer key pension questions: How…