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Podcast Episode 16

Smart money machinery

Smart money machinery
Ramsey Radio
Ramsey Radio
Smart money machinery
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Rob Sands – Farmanco

With big numbers in play, ag machinery decisions really drive farm profits. Farm management consultant Rob Sands has some expert tips for making those numbers add up.

In this super-useful podcast, Rob explains the actual costs you should consider when looking at new machinery, including why the asking price is just the beginning and why size isn’t everything. 

He’ll also help you consider cost and value, along with how they can both have an impact on your productivity, profitability and cash flow.

As he points out, the amounts make proper analysis too important to avoid.

“Even a 5 percent difference might mean $50,000 gained or lost,” he says.

“If you don’t want to do it yourself, you should get someone to do it for you.”

Some podcasts are simply fun to listen to – but this one could really change the way you do business.

So have a listen – and learn what you need to know about your farm to properly evaluate and prioritise your machinery program. And for more, see Rob’s presentation to the 2021 GRDC Farm Business Updates in Perth (page 33). Click Here

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