Shownotes
For farmers, diversifying their income by moving away from traditional farming helps to reduce business risk and maximise returns. Land or roof space can be used for renewable energy generation, while old sheds can be used for residential or commercial space.
Inflation is creating a huge amount of risk for farming, and rural businesses. Diversification is a way to offset that risk. Traditionally, one of the key barriers to entry into new enterprises is accessibility to funds.
On the podcast today: James Thompson, Surveyor at Fisher German, hosts a discussion with Anna Collins, Partner at Fisher German, and Joanne Lampkowski, Regional Agricultural Manager at AMC, to analyse how these barriers can be overcome, why it’s so important to diversify, how the focus on sustainability can help landowners, and identify the methods for financing and planning. They look at the societal trends that influence diversification and detail the advice that landowners should seek before undertaking this life-changing decision.