At Mulcahy & Co, farm accountants in Ballarat, we help a number of clients that are involved in multi-generational farming businesses. Our farm accountants’ work involves individual and family concerns, ideas, opinions, needs and wishes.
The ideal in a farming business is to be committed to achieving common goals by mutually trusting and respecting each other and an understanding of each other’s needs for growth and involvement.
What can be the reality though, is a family farm business tied together by land and machinery and a lack of positive communication.
Ballarat farm accountants have tools to help
Conflict is necessary – and not always necessarily bad. Moderate doses of conflict can be beneficial and the beginnings of the roots of change! The key is for it to be properly managed. Mulcahy & Co are experienced farm accountants for Ballarat and district and we have the tools and structures in place to guide your family farm business through this conflict.
However, if not properly managed, negative conflict can be harmful to the business and the family. The key is to not divert important time and focus away from the family farm business, which can lead to a negative impact on productivity and business and family goals.
At Mulcahy and Co in Ballarat our accountants are committed to dealing with these issues. We have the tools in place to formalise your farm business.
We have a strong background in, and focus on, farming families and farm accounting in the Ballarat area. With the personal experience of growing up on family farms, there is a strong understanding on how to deal with the challenges of a family farm business.
Download our PDF Farm Planning: Family & Business Dealing with the Issuesor call us on (03) 5330 7200 for a no obligation free meeting to review your situation.
Chris has the formal qualifications of Chartered Accountant but attributes much of his knowledge and experience to growing up on a busy farm and being part of building the Mulcahy & Co business. Chris’s day to day focus is to lead the team and deliver on Mulcahy & Co’s core purpose – to help clients achieve financial security.