A few years ago, we contemplated expanding our farm. To assess the financial risk, we consulted Mike Krause, who used Scenario Analysis to simulate the impact of two droughts. The analysis confirmed we’d be financially stable, so we bought the land. Despite facing droughts as predicted, we remained financially resilient, closely mirroring the initial projections after 5 years.
Mark Branson, Farmer Yainee, SA
Using Plan to Profit, we were able to input all the variables, such as expected rainfall, grain prices and leasing costs and come up with the worst-case and best-case scenarios – and it really paid off for us.”
Gregor Wilkins, Farmer Yainee, SA
Allow advisers to work on your business
The flexible design of P2PAgri allows you to use it yourself or through collaboration with a farm adviser or accountant to do all the powerful business analysis for you.
Are you getting the best deal you can from your bank?
Fully Featured Farm Reporting Software
Access to bank finance can at times be critical to your farm business growth and/or survival. Find out how P2PAgri can be used to help you get a better deal from your bank.
“I recently used P2PAgri for a client seeking to borrow $1m to buy additional land. The bank was so impressed with the detailed financial projections, they offered them a 0.5% interest rate reduction. Using P2PAgri helped save my client $15,000 per year in interest.”
Tony Hudson, Hudson Facilitation
P2PAgri was used to calculate all the financial reports and bank ratios discussed in this article written by Tony Hudson, ‘Getting the best deal from your bank’.