Participating in an industry benchmarking program is a simple way to take stock of your business performance, identify opportunities to improve your bottom line and ensure your business is operating as efficiently as possible.
Two five-year benchmarking programs are currently underway in the horticulture industry – Level Up Hort for vegetable and onion businesses and a benchmarking program for the avocado industry.
In both programs, growers will meet with skilled farm business management consultants who will provide an independent financial review of their business and develop a personalised, confidential report.
Both programs will also collate de-identified grower financial assessments to produce a common baseline of data, so that growers can see how their industry is tracking over time and compare how their business is performing with other growers in their region and nationally.
The programs are free to levy-paying businesses.
Confidentiality is key
All financial and business information provided for the benchmarking programs will remain strictly confidential and will not be shared with any other parties, including Hort Innovation. In industry benchmark reports, results will only be reported in aggregate form to ensure individual businesses cannot be identified.
RMCG has a long and successful track record in supporting farm owners to build profitable and robust businesses in many agricultural sectors including grain, dairy and horticulture. Find out more about our benchmarking expertise.
RMCG is working with Western Australian farm management consulting firm PlanFarm to deliver Level Up Hort to support vegetable and onion businesses to increase profitability and build long-term resilience.
National vegetable and onion benchmarking program (MT22009) has been funded by Hort Innovation using the vegetable and onion research and development levies and contributions from the Australian Government.
RMCG will deliver this benchmarking program with support from Howard Hall at Pinnacle Agribusiness.
To get involved, fill out the Avocado industry benchmarking program expression of interest form and a project team member will be in touch.
For more information contact RMCG Senior Consultant Clinton Muller on 0498 192 596 or firstname.lastname@example.org.