Webinar: Advice on setting up a farm diversification
© Tim Scrivener Farm diversification is becoming the norm for many agricultural businesses, creating new income streams and spreading financial risk. But what do you need to consider when launching any new venture?
Those in the know say diversification is a case of planning, planning and more planning. That covers planning permission, deciding on the business structure, researching the market, complying with legislation and preparing for day-to-day management.
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Watch our webinar in which three experts offer advice on the key points below:
- Planning permission
- Legal considerations
- Insurance
Discussion areas
- I want to offer goat walking, cream teas and cheese-making classes. What are the pitfalls?
- My landlord always quashes my diversification plans – do you think institutional landlords will be more open to diversification in future?
- I want to test the water for a pop-up café – can I open for a limited number of days without planning permission?
- Rebuild costs have increased due to the Covid-19 pandemic and Brexit – does that need to be reflected in my insured amounts?
Our partners
Thrings
Diversification can be fruitful and profitable especially in a post-Brexit, post-Covid world. But an understanding of and planning for the challenges are essential for a good end-result. Thrings solicitors’ highly specialist Agriculture team is proud to work alongside Farmers Weekly at the Business Clinic webinar to advise on the legal aspects of diversification to enable the growth and success of every project. Thrings writes regularly for the Business Clinic to support Farmers Weekly readers with their legal issues. For more information on how we can help you, please visit our website.
Carter Jonas
Our research has found that diversification remains key to increasing the capital value of your farm or estate, as well as the profitability. We are delighted therefore to work with Farmers Weekly to help farmers and landowners plan for new diversification, to help safeguard their business for the future, whatever that may hold.
A-Plan Rural
A-Plan Insurance, the local and specialist broker, was established in 1963 delivering ‘best in class’ service across a wide range of rural, personal and commercial insurance products. Through its network of local branches and centres across the UK, A-Plan offers a highly personal service and is bringing local insurance experts closer to farmers, landowners and country estates. The specialist insurers work to ensure clients can have their specific rural, personal, and commercial insurance needs under a single policy at a competitive price. You can speak to the A-Plan Rural Team to get a quotation on 01234 676 790.