Agrimaster

3 Ways to Protect Your Data in a Natural Disaster

Posted on April 12th, 2017 by agrimaster | Tagged with: > > > > > > >

 

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When natural disaster strikes, you have enough to worry about with keeping your family and yourself safe.

Australia, along with other countries, is facing a rapid increase in extreme weather conditions and natural disasters due to the ever-growing population among other factors. That’s why it’s important to have your data securely stored. That way regardless of what happens, it won’t be affected, saving you from having to worry about that too.

Here are three tips to help you protect your data:

  1. Know which financial data is important

Take the time to look over all your data, clean it up and decide which data is necessary to be safely stored. Pick information which will allow you to get back to business almost as if you’d never left. You should store your business records for roughly seven years to defend any potential claims.

  1. Know what assistance is available after a natural disaster

The ATO for example, offers help with your lodgment program and reconstructing records. They provide support via a variety of things including:

  • Allowing lodgment deferrals of activity statement or tax returns without penalty
  • Making arrangements for payments of tax debts by instalments
  • Fast-tracking refunds

Amongst many other services.

The Department of Agriculture and Water Resources also provide support via Rural Financial Counselling Services, which are available in all states.

  1. Utilize the storage systems available with the current products you use

Find out what storage is available on all the products and systems that you use to run your farm business. For example, utilise the Agrimaster free cloud storage, m:drive so that all your financial data is secure and safe at all times. And if something does happen, you can simply restore all your data back from m:drive.

By taking action before a natural disaster, you can ensure that should you lose everything, the important information can still be restored when you are ready for it. Find out more about the ins and outs of m:drive here.

 

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ATO maintenance plans over the Easter long weekend

Posted on March 29th, 2017 by agrimaster | Tagged with: > > > > > > > > >

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The ATO is planning to host major system maintenance beginning on Thursday 13 April at 10.00pm EST and ending on Tuesday 18 April at 6.00am EST to install their new storage area network (SAN) to replace the old one which was involved in the outages in December 2016 and February this year.

At the Commissioner’s latest address to the Tax Institute, he mentioned the recent outages, “I should point out that none of our new online service offerings under our Reinvention Program contributed to these outages. It was purely the result of faulty equipment”.

This faulty equipment is now said to be under review and will undergo full investigation with forensic testing of the faulty SAN once the data has been shifted to the new one.

Their focusis now on providing stability, full functionality and capacity of all the systems as well as a new and better SAN system.

“We are taking a very measured and considered approach to minimise risks, to ensure that the experience of tax time 2016 can be matched, that we meet our commitments to government and that we offer you stability in our portal service”.

As for choosing the Easter long weekend, Jordan mentioned “From consultation, we understand these are the most sensible and least inconvenient times for the tax profession and the broader community”.

If the ATO can suffer from an outage, so could you. That’s why Agrimaster is now offering m:drive as part of your membership, so your files can be secure at all times.

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The Difference Between Perpetual and Subscription

Posted on July 3rd, 2015 by agrimaster |

Perpetual Licence

Perpetual Licenced software is purchased and owned by you.

The purchase price of Perpetual Licenced software is usually higher than a Subscription or Annual Licence. A maintenance fee is associated with a Perpetual Licence to keep the software up to date and compliant.

If you choose not to pay the maintenance charge you can continue to use the software; but with the fast-paced world of software updates and technology, the software will soon be out of date, non-compliant and eventually stop working. The updates are not only governed by updating the features within the software program, but also the changes, enhancements and updates that third-party software vendors make that need to be incorporated into the software to ensure it continues to work; e.g. Microsoft updates.

Subscription or Annual Licence

Subscription or Annual Licence allows you to use the licenced software for 1 Year (or the term agreed). The maintenance fee is included in your Subscription/Annual licence. As long as you renew your Subscription/Annual Licence before expiry your software will always be up to date and compliant.

Agrimaster software is sold today as subscription software – we moved to this model in July 2013. The change was made to align our software offering with other accounting software packages as well as the most common industry standard. If the subscription is not renewed, you can access historical data within the software but nothing new can be added to the program until your subscription has been renewed.

If you purchased your Agrimaster software prior to July 2013 chances are that you have a perpetual licence – which means your software will continue to run and be updated and compliant as long as you pay your Membership fee (which is the maintenance fee). If your Membership fee lapses you should be able to use the software – but it will not be up to date with the latest update or compliant.

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CEO Sleepout – Sleeping out for homelessness

Posted on June 5th, 2015 by agrimaster |

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CEODavid Egerton-Warburton – Master Group CEO     

 

With over 100,000 Australians (including 12,000 children) experiencing homelessness, this could be a chance to help out.

For the 3rd year in a row, I will be participating in the Vinnies CEO Sleepout and I am aiming to raise $5,000 with your help.

Why do I volunteer each year and why I ask you to help?

First-time round I wanted to be a part of something, something that I didn’t know much about and something that has a direct effect on people. Like many of us, I avoided the homeless in the street, they made me feel uncomfortable. I never really understood why they couldn’t just find a job or register for the public housing; I always assumed they ended up on the street due to drug or alcohol problems.

Over the years, I have had the chance to listen to stories from regular middle-class Australians who had become homeless or who have teenage or adult children experiencing homelessness. My eyes were opened and my preconceptions about homelessness were blown out of the water.

So what did I learn from these stories?

  • A large number of Australian families are only 3 paychecks away from being homeless.
  • That the drug and alcohol problems usually occur after people become homeless as a way of coping.
  • Over 12,000 Children are homeless each night.
  • Homelessness can happen to anyone of us given a mix of circumstances.
  • It is hard to get social security if you have no fixed address.
  • When you become homeless you feel sub-human and feel you don’t deserve help.

So how did it change me?

I have changed my behavior in response to my new appreciation of the problem.

  • Each year I try to raise as much as I can for the Vinnies CEO Sleepout.
  • When I come across someone who is homeless, I will try and buy them something to eat or drink.
  • I will ask a homeless person their name (This help make them feel worthy).
  • I will introduce my children to them and encourage my three boys to talk to them and take them food.

So what would I like to ask from you?

  • Don’t be intimidated by the homeless, they are just regular people with a tough story.
  • When you see them say hi, ask them their name and ask if they would like something to eat or drink.
  • Please support me in my fundraising efforts, we are all very lucky. In a country as wealthy as ours, 100,000+ people, including 12,000 children should not be on the streets.

Thank you for your support, David.

donate to david

 

 

 

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Going to get an opportunity now to do what we want do

Posted on May 23rd, 2015 by agrimaster |

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Posted on May 23rd, 2015 by agrimaster |

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The man declined medical help

Posted on May 23rd, 2015 by agrimaster |

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M:drive Saves the Day!

Posted on March 20th, 2015 by agrimaster |

 

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Gone are the days of backing up to a disk; every Agrimaster Member/Subscriber has access to an on-line backup and restore service. It’s quick, safe and easy to use – it can even automatically back up your Agrimaster file every time you use Agrimaster – Don’t get caught out!

Customer Story: M:drive saves the day.

A new Agrimater user came on board, she wasn’t very computer savvy and was reluctant to learn a new unfamiliar system. But she knew it was necessary, in order to assist in the running of the family farm business.

To build confidence and make it all less terrifying; Agrimaster helped the new user set up Asset Register and Stock Control. The repetition of entering data and the familiarisation of the program helps and provides an enormous amount of confidence. This data can be more helpful than you think!

A brilliant, comprehensive job was done by the user of creating these registers, their private assets were also added; everything on the farm was listed and thoroughly recorded.

6 months on…

We received a call…..
We were greeted by a very confident Agrimaster user; thanking us for teaching her to set-up up the Asset and Stock control register. She was so incredibly relieved. One of the worst floods the region had ever seen just swept through her town. The farm was gone, they had lost everything; animals, crops and their home and contents.

Thanks to Agrimaster’s m:drive on-line backup service and restore service, not all was lost.

The temporary fix…

The users Agrimaster file was downloaded from m:drive onto a friends computer –  who is also an Agrimaster user. Now the Agrimaster user who lost everything was reunited with their financial history, assets and stock register which they desperately needed for the insurance claim. They had complete and accurate records of everything they owned.

Agriculture is a high-risk industry, having access to your asset and stock information after a disaster is invaluable to move forward.

The lesson learnt…

All Agrimaster users should take advantage of the Asset Register and Stock Control feature in Agrimaster and utilise the on-line m:drive backup and restore service which is included in the Membership/Subscription.

Learn more about m:drive

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Profit not Passion will Feed the World

Posted on October 31st, 2014 by agrimaster |

 

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By David Egerton-Warburton

“I don’t farm for money/profit, I do this for the lifestyle because I love it.” Is often heard in farming circles when talking about profitability. This statement makes the assumption that the passion that drives you to run your farm business is mutually exclusive to the financial discipline required to make it a successful business.

This sentiment hints at a very important business driver; Purpose. Purpose, often referred to as passion, is one of the most important drivers in any business. It is the thing that gets you up in the morning, gives you focus, drives innovation and more importantly gives you the desire to keep going when all is going wrong. As essential as purpose is to your business it does not work alone and is only part of the achieving success in business.

I propose that a successful farm business is one that fulfils its core purpose of:

  • Growing food and fibre to supply the current needs of the world community.
  • Making a profit to meet the needs of the owners and employees.
  • Use profit to invest in increasing food production.

If you can picture your business as a journey then purpose is the destination or why – but it’s not the how. How is a more pragmatic beast.

If you say the purpose of a farm business is to feed the world community then one of the key components of how is profit.

Profit is the growth engine in any business – it allows your business to invest in the future by:

  • Investing in research and development to increase production and efficiency.
  • Invest in inputs to grow more food and fibre.
  • Invest in capital to increase production and reduce cost.
  • Invest in market research to respond to market need.

All the planning and effort you put into your business is ultimately measured in profit. Profit is the ultimate truth because it shows you are producing in response to the needs of the market, and the demands of the environment. Profit shows you are planning well and executing plans with discipline and flexibility. Profit says you are producing in response to what is needed and not in response to what you want.

Profit gives you the pragmatism required to stop passion ruining your business. E.g. Passion says “grow a 4 tonne wheat crop” profit says “there is more margin (profit) in a 3 tonne wheat crop.”

Profit is the long game. Profit is the pragmatism that says rather than going for broke each year in the hope of hitting the jackpot we will make a considered production and financial plan each year based on minimising risk and maximising margin, and invest our profit each year in education and technology, allowing us to grow more food and fibre whilst managing our risk or effecting our profit.

Profit is getting harder to achieve each year in farming, the risks are higher and the margins are thinner. This doesn’t mean that it shouldn’t be the focus of your business. It just means that the focus and time you need to put on this part of your business needs to be increased. With increased risk and tighter margins you need to:buy bns goldbns gold

  • Plan: Make focused and detailed financial plans – test all your production assumptions and plans financially. Make more than one plan in anticipation of more than one season or market.
  • Review: Review your production, market, financial position frequently.
  • Respond: Change the plans as often as required in response to the season and market.
  • Play: Play the long game.

See previous post: Why no plan (budget) survives contact with the real enemy

Therefore, if your purpose (passion) is to supply the world with more food, then it’s your responsibility to firstly focus on financial discipline and profit because only profit in business will give you the resources to invest in increasing food production.

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No plan (Budget) survives contact with the real enemy

Posted on October 24th, 2014 by agrimaster |

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By David Egerton-Warburton

Helmuth Karl Bernhard von Moltke (October 1800 – April 1891) would have made a great farmer.

Moltke was a German fields Marshall and the chief of staff for the Prussian Army for more than 30 years and is regarded as one of the great strategist of the 19th century.

Moltke main thesis was that any strategy must be seen as a system of options since only the start of a military campaign was plan able. His strategic thinking can best be summed up by his two main statements “No plan of operations extends with certainty beyond the first encounter with the enemy’s main strength” (or No plan survives contact with the enemy”) and “strategy is a system of expedients”

It is a mistake to think that Moltke did not plan because his plans would have to change. In contrast to this common assumption, Moltke made very detailed plans that took into account thousands of variables.

So why would he make a good farmer?

I wish I had a dollar for every farming client who told me that they don’t do a budget because it all changes anyway! The error in this thinking is that a plan/budget is a once off static document (something you do at the beginning of the year for the bank).

Farm business management is just like preparing for battle. You need to have clear knowledge of you current position; you need to have a clear objective; you need to know what available resources you have (Land, stock, machinery, labour, working capital etc…); you need to know your controllable risks and your uncontrollable risks (or Unknowns). Based on all of this information you make detailed production plans and equally detailed financial plans (Budgets) to “Ground Truth” your production plans. As all of your wins and losses will be measured not in production but in dollars!

Like Moltke your plans will not survive first contact with your enemy (weather, markets, break downs, health etc…). So you when planning for the battle at the beginning of this season I strongly encourage you to think through and make a number of alternate plans based on possible alternatives.

E.g. do a minimum of five budgets (Make one and copy it)

  1. Baseline budget – this is the most probable (the one you take to the bank)
  2. Bad year budget – e.g. late or low growing season rainfall, low prices
  3. Good year budget – e.g. early rain, high prices
  4. Half Budget/ Half Actual – a combination of your baseline budget with your monthly actuals imported into each moth as they are reconciled (see how your cash flow is going)
  5. Sand Box budget – this is where you play with scenarios (so you don’t stuff up your other plans)

The importance of this extra planning before the season (battle) starts properly is that your mind is clear and you will make better decisions as a result. In the heat of battle (e.g. seeding) your cortisol levels will be elevated and as a result your thinking will be slower and less effective. As a result big mistakes can be made.

So farm like Moltke went to war. Understand that “No plan survives first contact with the enemy” so make lots of them and change your plan as the conditions of the battle change!

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