Farmers around the east coast of Scotland are asked to contribute to a nationwide survey which can help them with the financial performance of their farms as well as help inform the Scottish Government’s agricultural policy decisions.
The Scottish Farm Business Survey (SFBS) has been conducted since the 1930s and is widely recognized as the most authoritative annual financial analysis for agricultural companies across the country.
SAC Consulting, part of the Scottish Rural College (SRUC), is again leading the development of the survey on behalf of the Scottish Government. This work is a major data source for important national statistical information that guides policy-making decisions. The survey is of value to all involved in Scottish agriculture.
Principal advisor at SAC Consulting, Sasha Grierson, said: “If farmers took part in the survey – which is completely voluntary and confidential – it would boost the existing pool of around 400 farms.
“A farm business analyst will be assigned who will ensure that the data collected is correct and entered in a timely manner.
“This year we are particularly interested in hearing about small mixed farms or general crop farms in the region.
“The information we gather from the survey is extremely important to everyone who works in this sector because the political and economic conditions for farmers across the country change dramatically year after year.”
Farmers participating in the survey will receive-
Farm Business Report: This set of detailed management accounts will help farmers truly understand their business finances and allow them to track performance for up to three years.
Complete Farm Benchmarks: A business planning tool that allows farmers to compare their business to other similar businesses and track progress on an annual basis.
Full Farm Carbon Review: This will help farmers better understand their business in the round and will also help with grant applications.
“In exchange for confidential access to their annual accounts and no more than two hours of their time, participating in the survey will provide farmers with valuable insights into the finances of their business and support decision-making around Scottish agricultural policy to reflect the way the sector is changing across the country,” added Sasha Grierson. .
Farmers wishing to take part in this year’s survey are asked to contact Sascha Grierson, at Sascha.email@example.com
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