1_Present system

Description

system
balmainfarm
Mind Map by balmainfarm, updated more than 1 year ago More Less
balmainfarm
Created by balmainfarm over 8 years ago
balmainfarm
Copied by balmainfarm over 8 years ago
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Resource summary

1_Present system
  1. Farming system
    1. Balance sheet
      1. Family Structure
        1. Lifestyle/time off
          1. Family choices
            1. Children's Homes
              1. Do they get assistance
                1. How's it financed
                  1. Most tax efficient method
                    1. Will it be appreicated
            2. Asperations
              1. How muchTime off
                1. Where is it spent
                  1. How's it financed
                    1. Will we enjoy it
              2. Goals
                1. Expansion
                  1. Tax implications
                  2. Reduction in farm debt
                  3. Physical plan
                    1. 5 year physical plan
                      1. cash flow
                        1. Target Kpi's
                        2. Health
                          1. Expected problems for age profile
                            1. Family history
                              1. planning and dealing with same
                            2. Mind set
                            3. New Business
                              1. Business plan
                                1. Targets
                              2. Family Home
                                1. Will it be suitable for purpose in 10 years
                                  1. Renovations necessary
                                    1. Cost
                                      1. How financed
                                      2. Will it improve the quality of life
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