In partnership with Agri-Food Management Institute and Rob Hannam from the Synthesis Agri-Food Network, RAIN will host a train-the-trainer event for farm business advisors to learn how to train others how to analyze their farm’s financial statements and take action.The workshop will provide information, tools and resources to help advisors successfully work with agri-food business owners. The workshop will introduce tools that can assist farms with farm succession, financial analysis and business strategy.
Sault Ste. Marie Innovation Centre 1520 Queen St. E. Suite CC200 (Board Room 1001A) Sault Ste. Marie
September 23rd from 8:30 a.m. to 4 p.m.
A light lunch and refreshments will be provided. $10 requested to help cover cost of lunch.
Please RSVP by September 16th with David Thompson, RAIN Project Coordinator (705) 942-7927 x3027 email@example.com
Who is invited?
Anyone who works with farms and food processing businesses in a business advising aspect is invited to attend this free event. Farm lenders, economic development organizations, bookkeepers and accountants are invited to participate in this one-day workshop.
What will be covered?
- Business strategy: Overview of tools that advisors can use to conduct a benchmark of farms in different sectors
- Financial analysis: Participants go through an example case study of a farm and analyze a set of financial statements. Participants identify profitability, liquidity and solvency issues with the business. Participants identify how these issues could be remedied with recommendations. The presenter will cover how to effectively analyze farm financial statements to identify issues and recommendations.
- Farm succession strategies: Identifying and analyzing the differences between ownership structures in a farm transfer. Overview of tools available for farm succession planning.
About the Presenter
Rob Hannam, President and Client Director
As Founder and President of Synthesis, Rob gathers valuable insights and draws upon his deep agri-food knowledge to provide clients with practical, actionable solutions. Rob’s passion for the agri-food sector began while growing up on a large farm operation and has developed into a successful consulting business with local, national and international clients. Rob has real life, practical experience and has a proven track record in providing strategic business advice and communications strategies to his clients. Facilitating and strategic planning sessions are his specialties.
Rob uses his in-depth market and business assessment expertise to solve challenges for clients and assist them with reaching their business goals. Some of his recent work includes developing a workbook of ‘best management practices’ (BMPs) for the food and beverage processing industry; developing a long-term international strategy for several national industry associations; assessing the Canadian operations for an international exporter and facilitating strategic planning sessions for various agencies, organizations and companies. Rob has delivered several presentations on topics such as food trends, food safety programs, and mobile technology.
Following 20 years of experience, Rob has cultivated a network of agri-food knowledge and is trusted for his business insights and practical approach.
Agri-food Management Institute
The Agri-food Management Institute (AMI) promotes new ways of thinking about agribusiness management and aims to increase awareness, understanding and adoption of beneficial business management practices by Ontario agri-food and agri-based producers and processors. For more info, visit http://takeanewapproach.ca/