The qualification recognises the skills and knowledge required to manage a modern agribusiness. On completion of this module you willbe able to present credible financial and business information to lenders or other financial stakeholders
Develop a business plan and monitor actual performance against the objectives
Prepare a case for obtaining finance to establish, extend or diversify an agribusiness
Develop and monitor financial plans for an agribusiness
Are you ready for blended learning?
While studying on this course you will use technology in a number of ways to assist your learning. The Technology Self-Assessment Framework below will help you to think about different the skills required for blended learning. It will also help you to understand your own levels of rediness to undertake study.
Ready to learn
Use the link below to reflect upon the way you learn. After you complete each section use the "Feedback" link to review helpful learning tips and tricks
Please use the forum below to introduce yourself to other course participants. It could be a number of you are from the same region and/or have the same interest and you could form a learner support group to help each other in your studies.
This course is a blended course incorporating self-paced study, asynchronous (nominal time) support and, when required, synchronous (real-time) elements.
Self-Paced Study: All participants will be provided with access to firstly, an e-portfolio in which they will slowly build evidence of their competency, secondly, a generic online training site to help facilitate the construction of this evidence.
Asynchronous Support: A faciliator/mentor will be appointed to answer participants general queries and provide guidance on specific aspects of the course. To effectively track and monitor support provided all requests for support will be e-mail based. The facilitator/mentor will respond to requests within two working days.
Just-In-Time Synchronous Workshops: During the self-paced study, participants will be able to use an online forum to request further training in specific aspects of the course being undertaken. A trained facilitator will use these requests to design “just-in-time” synchronous workshops. These workshops will be scheduled weekly and will use web-conferencing technologies.
Industry Scheduled Workshops: Course co-ordinators will work closely with industry representatives and will inform participants of scheduled workshops in their area that will help them complete course requirements.
Industry workshops and field days
Review the calender on the right for details of all industry run workshops or fieldays held in your area. The upcoming events block reminds you of events held that month.
Just in Time Workshops
Use the forum below to ask questions or seek clarification on course tasks. The issues / questions raised will be used by your course co-ordinators to deliver a web-conference workshop..
This area is to be used by participants to request specific support / training / explanations about business and financial planning. While many of requests will be used to create a formal, synchronous weekly workshop, hopefully other requests will be resolved by;
1. Offers of support from other participants on the course 2. Comments from the course facilitator
So, please feel free to respond to questions posed
The link below will be used to Web-Conference every Thursday at 8.00 pm to 9.30 pm. The topic for the coonfence will be outlined in the Calendar
On completion of this module, participants will have provided in their e-Portfolio a detailed business plan that demonstrates a sound understanding of the process, purpose and structure of a busines plan
Financial ... ...
Using your portfolio
Use the link below to review how you can use a digital portfolio to complete the requirements of individual modules in this course. Your first task is to provide information on your work, interests ... ...
Recognition of current competency (RCC) is an internationally recognised process of acknowledging the skills and competencies you already have. This process rewards you by attaching credentials to what you already know and do as part of your role on the farm. This means you may achieve the requirements of the course with minimal disruption to your normal farm duties.
To confirm your current knowledge and experience and to identify any skill/competency gaps you are asked to complete the Competency Assessment Tool (CAT) below. You’ll will be asked to upload evidence of the existing competencies (for example, current budgets, business plans or lending proposals) into your e-Portfolio for review and assessment. Through reviewing your portfolio of evidence your mentor and assessor can monitor progress and can create an individualised training plan to meet your specific needs
Self-Assessment Framework: AgCAT
The Agri-Business Competency Assessment Tool (the AgCAT) has been designed to enable you to assess your current competency in a defined range of activities in business and finace. You will be asked to provide evidence of your competencies in your portfolio
We can identify two reasons for preparing a business plan. Firstly, it is designed for an external audience to obtain funding for development and growth. Secondly, it is designed to guide a business towards meeting its clearly stated goals. If a business plan is well designed it will serve as;
An Action Plan – outlining specific activities to be undertaken in the next 12 months.
A Roadmap – outlining the general direction of the business for the next two to three years
A Performance Tool – to measure progress against identified activities
The following tasks are designed to provide the basic elements of a business plan. Your final task will be to create your own business plan using the template provided.
NB: This is a DEMONSTRATOR and not all tasks have been included
A sound business model will be the key focus of your business plan. This model describes the nature of and what is unique about your business, and how you intend to grow it. A good business model will illustrate your revenue, profits, comparisons with others in the market and potential for growth. This is based on gathering the necessary information in this case from DairyBase
Your vision statement is a compass tha informs al stakeholders the direction in which your agri business is heading.The link provided above provides some background information on developing your vision.
Your business will face all sorts of opinions, issues, options, alternatives, and you must make decisions on these events every day. If you take the time to define your agri-business’s values, these can provide platform to guide the decision-making process.
Goals are those results that your agri-business is committed to attaining. Goals are typically stated in terms of intentions, using phrases such as “becoming an efficient producer”. Most goals should be Specific, Measurable, Achievable, Realistic and Time bound. These are referred to as SMART goals
Business Planning Tasks
1. Use the template provided below to create your business plan. Once created you will upload the completed plan to your portfolio for peer-review and assessment.
2. Us the check list below to systematically review at least one other business plan