GROWING YOUR FARM PROFITS –Targeted to Pork Producers
Tuesday, October 27th (Day 1) and Monday, November 2nd (Day 2) 9:30-3:30 both days
Woodstock OMAFRA Resource Centre
To register, call Cathy Dibble 519-463-9737 or firstname.lastname@example.org
This workshop was organized to address the need for producers to develop business plans to access the Hog Industry Loan Loss Reserve Program (HILLRP). Not only will producers require a viable business plan, but some financial institutions are also requesting your cost of production along with your cash flow over the short and long term. The Oxford County Pork Producers Association at their October board meeting felt it was necessary to host a workshop specifically for pork producers. Space is limited to a maximum of 30 participants. Lunch will be provided.
Do you want to access the Hog Industry Loan Loss Reserve Program but haven’t started your business plan?
Will you have trouble affording the fee for someone else or don’t have time to do your business plan?
Are you unsure whether you should take the loan or the transition funding?
Do you want other options that allow for diversification?
Are you having difficulty as a family agreeing to a short and long term plan?
Then access the Farm Financial Assessment ….
There are two ways to do this:
Attend a Growing Your Farm Profits workshop
REGISTER for the above date OR see the OSCIA website http://www.ontariosoilcrop.org/en/programs/gyfp091.htm for other workshops in our area
IMPORTANT NOTE: Completing the workshop will allow you access to a Farm Business Assessment and the other cost share opportunities possible.
Access the Farm Business Assessment immediately
Special Circumstances - Financial Difficulty – ONLY allowed to access the Farm Financial Assessment cost share opportunity
• Producers in immediate financial difficulty can access the financial assessment before completing the GYFP process using the Program-led option only.
• Will be required to complete the Growing Your Farm Profits workshop before accessing additional Business Development for Farm Businesses programming.
• OMAFRA staff will determine a farm business’s eligibility under financial difficulty on a case-by-case basis
• $100 producer cost share for Farm Financial Assessment will be waived
• Call the Agricultural Information Contact Centre at 1-877-424-1300 for further information
IMPORTANT NOTE: You will need to take a Growing Your Farm Profits workshop if you wish to access the other cost share opportunities
Best Practices Suite - Business Development for Farm Businesses
The Place to Start*
Growing Your Farm Profits Workshop is the place to start:
The Growing Your Farm Profits (GYFP) workshop is the entry point to potential cost share opportunities available through Growing Forward Business Development for Farm Businesses.
Action Plan Review and Sign-off
*Must be completed before accessing cost-share opportunities
Farm Financial Assessment
Farm Financial Assessment
Based on the Action Plan, you may decide to access a professional Farm Financial Advisor who will review the farm business' past financial performance, analyze the current business situation, discuss objectives, and help to identify options to meet farm business profitability goals.
The program covers up to $2400 of eligible costs to hire an Advisor to complete an Assessment. The participant pays $100.
Agriculture Skills Development
Advanced Business Planning
Business Plan Implementation
All cost-share funds are available on a first come, first served basis up to the available annual funds for each year of the program.