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Farm benchmarking services in South East Australia provided by Holmes Sackett

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article image Holmes Sackett provide farm benchmarking services

Holmes Sackett provides information, services, and advice to farm enterprises to improve their profitability. The services provided include workshops, farming consultancy, and farm benchmarking, and are always of the highest quality, independent and ethical.

With a comprehensive understanding of the issues and problems faced by producers across South East Australia, Holmes Sackett are able to provide objective and practical solutions to increasing the profitability of farming enterprises.

Farm benchmarking is a process that analyses the productivity of the whole farm business and individual enterprises within it. The results and their financial consequences are then compared to the results of other farms. These standard benchmarks form the basis from which improvements to the business can be identified.

A full cost allocation system that allows accurate profitability analysis and true measures of efficiency, Holmes Sackett Farm Benchmarking can be completed on a calendar yearly (Jan-Dec), a production yearly (Apr-Mar), or a financial yearly basis and can be done in two ways:
standard farm benchmarking - analyses past business performance
benchmarking the budget - analyses potential future business performance.

To complete the farm benchmarking process, Holmes Sackett require only the paddock records, accounting reports, and livestock receipts. As participants farm enterprises will receive a farm business management report that compares the whole farm and individual enterprise performances to the standard benchmarks, aginsights which are an analysis of collective data and a summary of key issues, and access to an interpretation service provided by Holmes Sackett agricultural consultants to help interpret results and develop strategies to improve profitability.

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