The BakerAg Financial Analysis Benchmarking (FAB) service has been used for farming business comparison of sheep and beef farms across New Zealand for over 50 years. It has proven the test of time and provided hundreds of farm businesses with the knowledge required to improve business direction and performance.
Our comprehensive FAB booklet contains:
Your farm business’s completed 2018/19 FAB Reports.
Benchmarking of your data with the current top 25% of farms in a similar class to you.
Seven-year data comparisons.
2018/19 Key Performance Achievements.
Why is the FAB Benchmarking Data Useful?
Benchmarking allows you to compare your farm’s results against those of your peers within the industry. Simply put, if you can’t measure it, you can’t improve it. It also provides you with a competitive edge as it creates an awareness of your performance relative to others and identifies opportunities for improvement. Benchmarking is the cornerstone of business improvement and development, both through good times and bad.
FAB helps our clients:
Know where their business performance lies compared to comparable farms.
Know what they do better than most.
Know what their weaknesses are.
Identify opportunities to improve.
Understand what is driving the top 25% of farm businesses.
Use the results to celebrate success with the team members.
Develop key production and financial KPIs for their business plans.
What will it cost?
1 year of analysis (2018/19 financial year): $240 excl. GST*
2-3 years of analysis (2015/16, 2016/17 and 2017/18 financial years): $360 excl. GST*
*Note; we allow up to 2 h to process your data, with additional time charged at $135/h.
Deadline for this is Friday 13th December. Booklets will be posted out late Jan/early Feb 2020.