Farm Business Analysis from historical data

Farm Business Analysis

Innovation and Automation

Given the rate at which innovation is travelling today, on farm automation, robotics, sensors, and big data are just around the corner, if they are not here already.  A lot of the analysis of the data will be done for you once all of the information is aggregated and presented in such a way for you to make expeditious smart business decisions from a dashboard not that much dissimilar to the Phoenix Suite Screen seen below.

Phoenix Suite Screen Gadgets

The Value of Historical Data

Agriculture is a long term business and there is a lot to be learned from the on farm activities looking back over the seasons.  This is why history is taught in schools, so that we can learn from the past successes, and failures.  Hopefully we will replicate the success and avoid poor decisions in the future.

Benchmarking

When benchmarking your business, it is always good to measure from as early a point as possible.  You can compare your historical data with data available at various locations on the web including farm survey data for the beef, lamb and sheep industries.  A large selection of AAGIS data for beef, lamb and sheep industries covering the period from 1989-90 is available for selection and download via: Data

Ian McLean of Bush Agribusiness shares his views on the topic

'Long term data can be quite powerful in terms of showing how businesses have performed, and changed over time.  Analysis of long term income should look at what the changes in total real income have been and how much changes are due to changes in market prices, and changes in volumes sold.  The expenses will show how total (real) costs and the cost structure (enterprise expenses, overhead expenses, capital expenditure, finance costs and taxation) of the business have changed over time.  When long term data is analysed it should be done in real terms, to better reflect actual changes over time without the effect of inflation muddying the waters.'

Restoring historical Phoenix data from floppy disc

When you upgrade to Phoenix 8 from older versions of Phoenix, our team in Toowoomba can bring your data up to the current version as a part of the upgrade cost.  You need to do this within a month of the upgrade payment unless you take out the Signature Service Plan subscription.  If you have left Phoenix to try other programs before coming back to Phoenix and have some old floppy disc backups: we can import that data for you.  We believe, very few, if any other software company can provide this service.

As a current customer, if you find some old backup floppy discs in the cupboard and don't have that data available in Phoenix for analysis, and you're not a Signature Service Plan subscriber:  we maybe able to import that data into another database for you to analyse, however it will be a fee for service.

A number of environmental and physical factors could prevent the data from being recovered.  These factors could include electromagnetic and dust exposure, or physical damage to the floppy disc.

Look at your choices when it comes to selecting the Phoenix Financial package that suits your business.