Strategic planning forms a core aspect of the Farm Business Reviews that have been undertaken by Andersons’ consultants under Defra’s Future Farming Resilience Fund (FFRF). The following video contains farmer testimonials on their experiences under the FFRF and that value that Andersons’ consultants delivered to their businesses. We are delighted to be involved in the next series of the FFRF, due to run until 2025. If you are based in England, you may be eligible for a free Farm Business Review, click here to learn more and for registration details.
Any business requires a sound strategy with defined objectives. This is particularly paramount in agriculture with complexities that arise as a result of land ownership, tenancies and often relatively high business asset values.
A farm business’ strategy is very often influenced by succession requirements. It is never too early to plan for the future succession of your farm business. A well-planned succession plan will help to mitigate the effects of Inheritance Taxation (IHT) and Capital Gains Tax (CGT) as well as other financial and personal pressures. We work together with other professional advisors to make sure you have peace of mind during this time.
Our aim is to introduce practical farming solutions which achieve the financial objectives of all involved. We have vast experience in supporting farm businesses in implementing sound strategies. Clients range from small family farms to large estates.
The planning system in the UK is complex and aims to preserve the environment in which development takes place. Rural development is no exception to this and farm and rural building projects have to withstand intensive scrutiny and have outstanding justification to be successful. We have an excellent track record in supporting successful planning applications for agricultural dwellings, by demonstrating the agricultural need and financial justification, a critical part of the evaluation criteria.