Phoenix Partner in Focus - Brennan Mayne Agribusiness

Phoenix has been the linchpin of our business since the business started some 23 years ago. The key features of the program we find are most important for our business and that of our clients are;

• the budgeting side of the program which assists the management of cashflow,
• the ease of the use of the cashbook recording,
• that reconciliations of accounts can be locked down to prevent accidental errors,
• that corrections are easy to make, and
• farm management reports are extracted easily from the data.

Our business focuses on business planning for the rural industry, whether it is:-

·         producers wishing to expand the enterprises and improve productivity through the acquisition of more land or the development of country,

·         family succession – the next generation wanting to spread their wings,

·         completing bank reviews to shore up working capital requirements for the coming 12 months,

·         the acquisition of machinery to improve efficiencies on the property, and

·         in paddock assistance in marketing cattle, herd selection and management.

We have adopted Phoenix budgeting as our key tool to provide our services for the following features:-

• merge actuals with projected budgets which allows the accurate forecasting of bank balances,
• the ability to turn on and off the GST in the Cashflow,
• worktables for every entry,
• planning tables that can be used for individual crops, so that when the area of the crop is varied only one number is changed which in turn adjusts the Cashflow,
• the reports that are printed can be in pdf or excel and are in a professional format to be presented to bank managers, and
• the big benefit is that past recorded data can be used in a cashflow format which is a major limiting factor for most cashbook recording programs.

Our team of 4 senior consultants, 2 junior consultants and support staff are all proficient in the use of Phoenix – from data inputting to budgeting so that our clients can get full benefit from their investment in the program. The Brennan Mayne Agribusiness (BMAg) team has a variety of Rural experience from running their own rural business – cattle and cropping (dryland and irrigation), to assisting the smaller family operation to the large family operations and the involvement in the corporate world of rural acquisitions, mergers and management.

BMAg have a new senior consultant joining the team to strengthen our services to the rural industry who has a wealth of rural banking experience in Northern Queensland and has a good understanding of the issues that are currently affecting the Northern and Central Queensland cattle producers.

Our strengths are:-

• hands on approach in the rural industry across numerous enterprises,
• our client base is spread throughout Queensland, Northern territory and NSW,
• good working rapport with all of the major lenders,
• an understanding of the issues affecting rural businesses – family succession, debt restructure, business planning, drought and floods,
• all staff have a close affinity with the bush, and
• the right tools to assist our clients and ourselves to make good sound decisions - the Phoenix program.

Learn more about Brennan Mayne Agribusiness or call them today on 07 49874999 to explore your farm business management options.