#118- Understanding How to Complete a Simple Business Plan & Management Account with Aled Evans, Rest Farm, Henllan Amgoed

Ear to the Ground / Clust i'r Ddaear - A podcast by Farming Connect

Categories:

Join us for the launch of a special new series dedicated to profitable and productive farming in Wales, presented by Ifan Jones Evans. In this inaugural episode, we're diving deep into taking control of your farm's finances for smarter decision-making. We're joined by Aled Evans of Rest Farm, a recipient of the prestigious Farmers Weekly Beef Farmer of the Year Award. Aled, who farms in partnership with his brother Iwan, took over Rest Farm at Henllan Amgoed with a blank canvas. They strategically implemented a low-input, grass-based system, prioritising environmental ideals. Their core business goals revolve around building a financially robust farm that provides a high quality of life and establishes a lasting legacy for future generations. Learn how Aled and Iwan approach creating a simple business plan and managing their accounts to achieve their vision.   Key Points: A farmer’s mindset and decision-making have a bigger impact on business success than weather, land quality, or external conditions. Confidence and control over farm finances can transform business performance. Every farm — beef, sheep, dairy, or mixed — can benefit from a basic business plan. Core elements: clear goals, budgets, and forecasts that suit the farm size and system. Business plans help farms prepare for uncertainties like weather and market swings common in Wales.  This series has been formulated in partnership with Precision Grazing Ltd. They are Experts in livestock enterprises and work with numerous Farming Connect registered businesses to create resilience and sustained profit.