Setting up

As a dairy farmer, successful management of your business requires guidance and support. This page explains the importance of seeking advice from experts, fellow farmers, and other trusted individuals.

A successful dairy farm requires a well-chosen business structure and robust operating procedures. Set your structure from the start, considering its effects on tax, business longevity, and liabilities.

This page provides information for sharemilkers, farm owners, and contract milkers, outlining the due diligence process, which means doing your homework about the business before you invest time and money.

As a farm owner, you are responsible for a multimillion-dollar business. When looking to establish a successful relationship, an important approach is to view this as a business-to-business partnership.

Establishing a successful sharemilking or contract milking relationship requires thorough due diligence. This page emphasises that understanding your own goals, values, and financial situation can affect not just you, but also your business partners.

Establishing a successful sharemilking or contract milking relationship requires thorough due diligence. Understand your own situation, including goals, values, financial standing, and farming practices.

Financial success in the dairy industry involves five steps. First, you need a motivating dream or purpose. This will encourage you to save money, invest wisely, and work harder.