Welcome!

This community is for professionals and enthusiasts of our products and services. Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.

0

How does a financial resource plan work?

By
Megan Brown
on 6/7/17, 1:55 PM 109 views
This question has been included in the official documentation.

0

Megan Brown

--Megan Brown--
Agrista (Pty) Ltd
http://www.agrista.com
2617
| 1 0 2
Cape Town, South Africa
--Megan Brown--
Megan Brown
On 6/7/17, 2:25 PM

A FRP is a complex financial model - like a spreadsheet, but much easier to use.

It updates as you add information so that you can see the financial implications of each action.

Basic concept:

  • Define the land use on a farm

  • Apply budgets to each piece of land to plan the upcoming production cycle

  • View the resulting cash flow. This is based on the timing of the production expenses and the expected income from the applied budgets

  • Add in the value of the farm’s assets

  • Capture the details of existing/future liabilities

  • Complete the financial picture by recording any additional income and expenses

 

 

Each FRP document is a individual model and thus multiple FRPs can be created on a customer’s portfolio to analyse different scenarios

  • Flag

Your Answer

Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!

Keep Informed

About This Community

This community is for professionals and enthusiasts of our products and services. Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together. Read Guidelines

Question tools

1 follower(s)

Stats

Asked: 6/7/17, 1:55 PM
Seen: 109 times
Last updated: 7/7/17, 10:04 AM