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Advisory boards

 

Helping farmers and business owners strengthen decision-making, accountability and long-term business planning via an external perspective of their business.

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Running a successful agribusiness often means balancing day-to-day operations with long-term planning.

An advisory board can provide a structured forum for discussing opportunities, challenges, and priorities facing your business. By bringing together external perspectives and industry experience, advisory boards can help support stronger decision-making, risk management and greater accountability.

At Elders Finance, we help farmers and business owners structure advisory boards that support open discussions, planning, business performance, direction and future growth.

The benefits of an advisory board

Advisory boards provide an opportunity to step back from daily operations and focus on the bigger picture. Regardless of your enterprise type, an advisory board can:

  • Introduce external perspectives: Considering external perspectives and broader business experience in important business discussions.
  • Support better decision-making: Creating a formal, structured environment to discuss opportunities, challenges and future priorities.
  • Support ongoing governance: Establishing a regular forum for discussing priorities, risk, tracking progress and supporting future planning discussions.
  • Create greater clarity: Work through key business considerations and future plans in a structured and focused setting.
  • Support long-term planning: Creating dedicated time to focus on strategic priorities, business development and future opportunities.
  • Strengthen communication: Encouraging open discussion between business owners and key stakeholders.

When an advisory board can help

An advisory board may be beneficial if you are:

  • Managing a growing business or considering expansion opportunities
  • Facing significant business decisions
  • Looking for greater accountability around business priorities
  • Seeking external perspectives on future opportunities and challenges
  • Wanting more structure around business planning discussions.

How we can help

Every business is different, which is why its advisory board should reflect the needs, goals and complexity of the enterprise. We will work with you to:

  • Establish clear meeting objectives
  • Facilitate structured board discussions
  • Encourage participation from all attendees
  • Support discussion around key business priorities
  • Help maintain focus on implementation and accountability.

We'll take the time to understand your business, its goals and the opportunities and challenges you're facing. We'll ensure each meeting encourages productive discussions and create clarity.

We'll then document all agreed actions and future priorities. 

Enquire today

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Why choose Elders Finance?

Elders has been supporting Australian farmers since 1839. We understand there are green years and lean years and that you often need a little help to bridge them. 

Elders Finance products are designed to not only keep your agribusiness going, but growing. 

Unlike the big banks, our network of branches across Australia is expanding, so help isn't far away. Many of our staff run their own farms too, so speak your language and will help you find the financial solution you need. 

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Disclaimer: The information on this page is general in nature and is provided for information purposes only. Facilitation services support business planning and decision-making discussions but do not constitute legal, taxation, accounting or financial advice. You should obtain independent professional advice tailored to your circumstances before making any business, financial or investment decisions.

Download and read the Elders Financial Services Guide. 

 

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