Harvesting Financial Success
Improved Financial Literacy and Profitability
Participants will gain a strong understanding of essential financial concepts, including budgeting, cash flow management, and pricing strategies. This will help them maximize profitability and make informed financial decisions to drive sustainable growth in their agri-food business.
Strategic Growth Planning and Execution
By the end of the course, participants will have developed a clear, actionable growth strategy tailored to their business. This includes identifying the most profitable products, securing funding, and implementing effective strategic planning to scale their operations.
Enhanced Financial Sustainability and Risk Management
Participants will learn how to integrate sustainability practices into their financial planning, effectively manage risks related to pricing, billing, and cash flow, and ensure long-term business success through proper tax planning and exit strategies.
What’s inside?
This course is designed to equip you with the essential financial strategies and tools needed to maximize profitability and scale your agri-food business. Through a series of practical, module-based lessons, you'll gain actionable insights to enhance your financial performance, ensure sustained growth, and make informed decisions.
Course Outline
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Module 1: Financial Literacy
In this module, you’ll build a solid foundation in financial literacy by learning the key financial concepts necessary for running a profitable agri-food business. You’ll explore how to regularly review your financials to ensure your business is maximizing its profitability every month.
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Module 2: Budgeting
Effective budgeting is critical to long-term success. In this module, you’ll dive into how to plan for your business’s future financial health by setting realistic budgets and managing cash flow. You’ll also get access to tools like the Cash Flow Budget and Payback Period Calculator to help you apply these concepts directly to your business.
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Module 3: Pricing and Billing
This module focuses on how to price your products or services strategically and improve billing processes to ensure timely payments. You’ll learn best practices for job costing, calculating interest on overdue invoices, and breaking even, all designed to boost your cash flow and reduce the risk of delayed payments.
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Module 4: Financial Support Team
Knowing the roles and responsibilities of each member of your financial support team is key to maximizing their value and keeping your costs down. In this module, you’ll learn how to confidently manage your team, from bookkeepers to accountants, by understanding what each role does (and doesn’t do). You’ll also gain tools to screen for a skilled bookkeeper and create a clear template for your financial support team.
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Module 5: Sustainability + Financial Performance
Sustainability isn’t just good for the environment; it’s good for business. In this module, you’ll learn how sustainable practices can positively impact your financial performance, and you’ll get tools like a Sustainability Road Map and access to grant resources to support your business’s green initiatives.
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Module 6: Tax Planning + Exit Strategies
Navigating tax obligations is critical for business owners. This module provides a high-level overview of important tax deadlines and dives into common exit strategies for entrepreneurs. Whether you’re thinking of selling your business or transitioning leadership, this module will help you plan for a smooth exit that maximizes value.
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Module 7: Growth Strategies
Identifying the right products and strategies for growth is essential when scaling your business. In this module, you’ll use financial tools like a Segmented Income Statement to identify your most profitable products and create a compelling pitch for investors or partners, setting your business up for sustainable growth.
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Module 8: Funding + Cash Management
Cash flow management and securing funding are vital as you scale. In this module, you’ll learn how to make the most of your available funds and avoid common cash flow mistakes. You’ll also explore different funding options and how to manage finances effectively during periods of growth.
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Module 9: Strategic Planning
A strong strategic plan is the backbone of a growing business. This module guides you through developing a practical, actionable strategic plan that won’t just sit on the shelf. You’ll learn how to turn your long-term vision into a roadmap for growth with clear, achievable milestones.
FAQs
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This course is designed for agri-food business owners and entrepreneurs looking to enhance their financial strategies, maximize profitability, and scale their businesses. Whether you're new to financial management or looking to refine your current practices, this course provides actionable tools and insights.
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You’ll receive access to instructional videos, downloadable templates, and calculators such as the Cash Flow Budget, Payback Period Calculator, and Break-Even Point Calculator. These tools are designed to help you apply the course material directly to your business.
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The course provides practical, actionable financial strategies tailored to the agri-food industry. You will learn how to optimize profitability, manage cash flow effectively, and develop a strategic growth plan to scale your business.
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The course is self-paced, and a suggested time breakdown is provided to help you manage your study time. On average, most participants complete it within 6-8 weeks, depending on their schedule.