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NPD Food Conference 2014

Beyond the Farm: Joint Ventures

A seminar for farmers and growers looking to expand through joint ventures.

Despite (or maybe because of) uncertainty around the impacts of Brexit, many farmers and growers are looking for opportunities to expand their operations. At the same time some businesses are looking to consolidate while protecting ‘home farm’ assets.

Collaborative ventures are what this Roythornes seminar is about. In a series of short, sharp presentations from members of the Roythornes team and professional experts, we will look at colaborative ventures aimed at improving the bottom line.

The seminar will cover:-

What are the financial benefits of collaborating with other farmers?

  • Hugh Baker of Hub Rural is an experienced consultant who spends lot of his time advising on and managing joint ventures. He will make the economic case for collaborative arrangements, and crunch some illustrative numbers.

What could a joint venture look like?

  • Lizzie Walters of Roythornes will look at ‘the legals’ of setting up a joint venture between farm businesses. What structures are available? What do parties need to decide at the outset and how do they document their agreement?
  • Julie Robinson of Roythornes will put the case for share farming as a flexible vehicle enabling businesses to work together to make the best of their assets.

Are there tax implications I should know about?

  • Mark Chatterton from Duncan and Toplis Accountants will highlight some of the tax and accounting considerations which arise when businesses set up JVs. Machinery transfers, capital allowances and treatment of profits will be on the agenda.

What about people?

  • Philip Wynn of Wynn Business Partnerships will cover the ‘people’ side of joint working arrangements: how to ensure that relationships and roles are agreed in a way that sets a new venture on a strong footing for the future.
  • Phil Cookson, employment partner at Roythornes, will be on hand to cover the potential “TUPE” implications of businesses working together.

To book your free place at this event click here.