In this episode of Agriland's new Farm Finance podcast limited series Francess McDonnell sits down with Tom McWey, head of marketing and business development at St. Canice's Credit Union, to chat about why planning is the key to keeping cash flowing on your farm.
The podcast also digs into why it is vital that farm families grasp how important budgeting is to the day to day running of the farm.
Tom explains what farmers need to do to create the budget that works for them, from one week to the next and on a monthly, quarterly and yearly basis.
The information in the podcast is intended as a general guide only. While every care is taken to ensure accuracy of information provided, Agriland will not accept responsibility for errors or omission howsoever arising. You should seek professional advice in relation to your particular circumstances at the earliest possible time.
What is The Farm Finance Podcast?
The Farm Finance Podcast focuses on some of the major financial challenges currently facing farmers from managing cashflow to VAT.
Produced by Agriland, ‘The Farm Finance Podcast‘ will be a four-part podcast series, which will also explore how best to grow and invest in a farm and many of the key issues in relation to taxation.
The podcast will feature insights and information from a number of leading experts in their respective fields and will provide an opportunity for farmers and farm families to hear about possible actions they could take to manage cashflow and also plan for their future.tion