National Federation of Young Farmers' Clubs

Fun, Learning, and Achievement

26 November 2019

Professional advice on business planning has been helping YFC members think about future entrepreneurial opportunities in the industry.

NFYFC and Savills hosted the first three of five business and tenancy training courses in Herefordshire, Oxfordshire and Derbyshire in November to help YFC members consider or enhance current and future opportunities.

James Jackson from Lancashire FYFC said he learnt how important a business plan was to securing finances.

“You can have the best business idea but if you can’t put it into a business plan you're wasting your time. I know a lot about looking after stock but not so much about how to set up a business so I thought this would be a good course for me to go on,” said James who also wanted to meet like-minded young farmers on the course.

“I have a greater understanding on how to put a business plan together now for either going into a share farming agreement or applying for a farm tenancy. Also I know the right paths to take and which to avoid when trying to get a future business off the ground when looking for financial support.”

The training was intended to offer essential support in a time of unprecedented change for British agriculture and the UK. The course included advice on post-Brexit markets and trading as well as insights on applying for a tenancy and share farming.

Two more tenancy and business training courses will run in 2020 to allow more members to attend. Dates and venues will be announced in the new year. 

James added: “I would highly recommend it to anyone thinking of starting a farm business or applying for farm tenancy.”


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