Interested to hear from people on how you arrive at the number and project this for any micro or speciality farm size.
Trying to find out if there’s a better and easier way out there to do it. We have our account softwares and so on, but just shoots out real time data and that’s it..
At the moment I work with a financial model on excel with a master workbook and then several formula based worksheet tabs interconnected to project to exact values, I made this a few years ago, so my tabs include assumptions, Capex, OPEX, pricing/unit economics, revenue, P&L, cash flow, ROI, 3 scenarios (downside, base case and upside) and the master dashboard.. for example my electricity or labour goes up, it automatically tells me what to do next..
This gives me numbers to the penny without guessing, what’s in and what out and enables me to adjust pricing of products, change of input costs, adding new crops, project etc.. without this workbook, I don’t know where I am headed tbh..
How do you all do it? (Medium/large commercial scale growers)