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A business guide for Young Farmers
from NFYFC and Savills

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Business Protection

In this section

1. Market/business Knowledge
2. Insurance Protection
3. Digital Protection

  • The business climate will constantly change and evolve as a result of factors outside the contral of industry. As such, all industries will see market volatility which will underpin both good and bad markets.
  • Giving a business resilience to survive in lean times and prosper in the good times is done in a number of ways by utilising a variety of strategies across the whole business.

Key Points

  • Businesses need to be able to adapt to be successful.
  • Financial budgeting is a key aspect of business protection.
  • The ability to be flexible and adaptable will result in resilience. .
  • Know your business and your market which will make for better decision making.