A new, free business guide offering key advice about how to get a farming business started has been launched by The National Federation of Young Farmers’ Clubs (NFYFC) and Savills.
The online resource, which has launched during National Young Farmers’ Week (September 18 - 24), was created in response to demand from YFC members who wanted more support for starting successful farming business ventures.
The Smart Farming Guide, supported by Defra, offers a one-stop shop for practical advice on starting, funding, protecting and growing a robust agri business.
The mobile-friendly, online guide will be continually updated with information during a time of evolving change.
The guide also helps members of Young Farmers’ Clubs (YFCs) to plan and deliver business development competitions as part of their programme of activities for developing YFC members’ skills.
Featuring case studies from successful farming entrepreneurs such as Chris Wildman from the Town End Farm Shop and Guy Watson from Riverford Organics, there is also advice on the types of finance available, risk analysis and business protection advice.
There is also a resources section with links to wider business support alongside previous NFYFC work, including videos giving advice on starting the succession conversation and links to the business opportunity matching service.
Sarah Palmer, NFYFC’s agriculture and PR manager, said: “The aim of the project was to encourage early take-up of good business practice and provide an on-line guide for all aspects of business development.
"Expertise and collaboration were key components of the project offering YFC members a comprehensive guide on many levels.
“Both YFC members and the European Council of Young Farmers (CEJA) have raised awareness of the need for business support and new business models of collaboration between generations of farmers to help ensure their farming futures.
National Young Farmers’ Week is a celebration of the work YFCs do in their local communities and to raise awareness of the contribution they make to the future of the industry and the rural environment.
The Smart Farming Guide can be found at www.yfcsmartfarming.org.uk