What is P2P?

 

Plan to Profit is an 'easy to use' whole-farm financial planning system. The Plan to Profit system includes training, support and software for those who wish to improve their farm business decision skills. Its aim is to assist the farming community further improve their financial decision-making and hence further advance Australian agriculture and rural communities.

With the advent of GST, and the proliferation of farmer benchmarking systems, farmers have a greater understanding of their businesses financial history. The Plan to Profit system takes this information and turns it into a financial plan that can improve farm management decision-making. These major strategic farm business decisions can now be fully analysed. Some of the major farm questions Plan to Profit can be used for include:

· changes to the farming systems
· changes to the enterprise selection and rotations
· land purchase and/or sale
· land leasing
· share farming
· machinery purchase
· effects of a drought or commodity price decline

While it is difficult to predict the future, it is always sound business sense to make decisions based on the best information. The planning principles used by corporate Australia are now being made available to the business of farming.