Farmers Working Together
UK - DairyCo has introduced a series of templates to provide guidance to dairy farmers who are considering a joint venture with other dairy businesses, or bringing others into the business structure.The templates include contracts and guidance notes on share milking, contract farming, cow hire, and equity partnerships. The guidance notes have been written to help farmers understand the practical and legal implications of setting up a joint venture, and to assess the suitability of joint ventures for their business.
“As the world of business changes there are ways in which dairy businesses can evolve too, and in discussion groups across GB we were finding farmers asking for more help and information on joint ventures,” explains DairyCo product manager Kate Cross. “These templates have been designed to support farmers’ decision-making, by drawing out the main implications of changing business structure, and stressing the main points to remember in order to stay on the right side of the Inland Revenue.”
The templates are currently available on request for England and Wales, with versions for Scotland in production. To find out more contact DairyCo publications on 02476 478702.
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