As the COVID-19 virus spreads through the UK and other countries, we are yet to fully understand what effect the international pandemic will have on British farming and rural businesses. The additional uncertainty surrounding future commodity prices, supply chains and our meat processing capability are just some additional factors to add to the recent upheaval of agricultural lending and adverse weather. However, there are opportunities to be found if you have the ability, flexibility and understanding of your business and the market.
No matter what we believe the future holds, one thing we can’t argue with is that now is a critical time to reduce your uncertainty, be proactive and forecast your businesses ability to maintain a viable enterprise. At Old Mill, we’ve made a commitment to give you the advice, tools and resources to get you set-up with best-practice financial management for your farm, rural diversification and family set-up.