‘Family Matters’ – Business Succession Planning Workshop in Parkes – this Thursday 28 November
RDA Central West is proud to have partnered with the National Association for Loss and Grief (NALAG) to hold a Succession Planning for Family Businesses workshop in Parkes this Thursday 28 November at the Parkes Services Club from 9am to 4pm.
This FREE to attend, one-day forum will see expert presenters provide valuable tips and tools for navigating the path through family communication to create a ‘family-owned’ business plan, showcasing a clear vision to banks and other stakeholders. Please note that the workshop is FREE but registration is essential and still possible today.
Family businesses in and around the Central West region will have the opportunity to receive valuable tools and advice on succession planning from a team of industry experts at a FREE, one-day workshop to be held in Parkes on Thursday 28 November 2019.
Following the success of a similar event held in Narromine earlier this year, the National Association for Loss and Grief’s (NALAG) ‘Our Shout’ program coordinator, Ms Brenda Baker, is hoping to improve the experiences of succession for a greater number of family businesses. “The workshop in Narromine was attended by over 120 people and the feedback we received was overwhelmingly positive,” she said.
NALAG’s ‘Our Shout’ program promotes positive strategies to improve well-being and resilience in rural NSW communities. “Communication in family-run business is crucial not only for financial success but also the emotional and mental well-being of all family members that are involved in the partnership. Family members that are able to express their needs and concerns in a way that is productive and supportive of other family members often leads to healthy and long term sustainable family partnerships that are able to weather the hardships of not only drought but of the many other challenges that face rural and regional communities,” said Brenda Baker.
The workshop’s expert panel will include Family Succession Advisor, James Hamilton and Succession Law Specialist, Claire Booth. Ms Booth says drought conditions should not deter families from succession planning, “The impact on the drought for some farming families has meant people are stuck in a holding pattern, waiting for things to improve before starting or finishing succession planning. However, what we’re hearing from the banking sector is if a family has been thinking about a succession plan now is actually a good time to sit down and discuss the options.
“Farmers rarely want a hand out, but a hand up – they want to be in charge of their future, and what happens to their land, especially when it comes to handing over assets or management to the next generation,” said Claire Booth.
Regional Development Australia Central West’s (RDA CW) CEO Mr Sam Harma added: “This workshop will ensure attendees from across the Central West are empowered with powerful new communication skills, take home checklists on how to approach the succession plan as well as insights from the banking sector as to how best approach the bank when things are tough, cash flow is low, equity levels are stretched and the impact of drought affects even the most informed plan. Family businesses are the back-bone of our communities and we’re positive that the new skills and tools learnt at this workshop will have positive outcomes across the region.”
The ‘Family Matters: Succession Planning Workshop’ will be held at Parkes Services Club from 9am-4pm on Thursday 28 November 2019 and is supported by: Regional Development Australia Central West, Parkes Shire Council, Rural Financial Counselling Service and the Department of Primary Industries’ Rural Resilience Program.
The workshop is FREE but registration essential. Registration is NOW OPEN and will fill fast.
*A downloadable FLYER detailing the event is available here or directly from the above website.
*It would be appreciated if you think this free workshop might be of interest to members of your community if you can distribute or post these flyers up on any relevant notice boards to help spread the word to assist families in our region.
RDACW’s CEO Sam Harma with RDACW’s Chair Christine Weston. Photo Credit: Central Western Daily
Spring is here and it’s an exciting time in the Central West. There are a number of NSW Government grants which close at the end of the month, this includes the popular Stronger Country Communities Fund. I encourage all community groups to take up these opportunities when they arise. RDA Central West is happy to support applicants by providing general advice on grant applications, and the process for submission.
All budding photographers in our region should also make the most of the recently launched ‘Central West is Best’ photography competition. This provides an opportunity to shine a spotlight on the people, the produce and passionate communities which make our region so great.
Lastly, I must congratulate all involved with the STEM Industry School Partnerships Program across the Central West which was recently recognised through the 2019 NSW Minister’s and Secretary’s Awards for Excellence.
‘Central West Is Best’ Photo Comp 2019 submissions have now closed. Winners will be announced shortly.
Call-out for the Central West to get snappy this spring!
Are you a budding, professional or social media photographer who loves to take shots of people, places and farm life that portray the heart and soul of the Central West region? Well, Regional Development Australia Central West (RDA CW) would like to hear from you!
RDA Central West is launching their inaugural ‘Central West Is Best’ photography competition. With $1,000 in prizes on offer, now is the time to focus that lens.
The theme for the photo comp is ‘Agriculture and Tourism: Let’s Showcase Our Region’.
RDA Central West CEO Sam Harma, said the competition was an opportunity to highlight the region’s agriculture and tourism offerings which make the Central West so special.
“Our region is so diverse from Condobolin to Cowra and Oberon to Orange each community has a special reason to stop, shop, or stay.
“When you think about the Central West you also think about our world class farmers. The drought is making things tough, but we can still shine a spotlight on our produce, our people and our passion for the land. Tourism and agriculture remain key pillars of our local economy, driving jobs and opportunities,” Mr Harma said.
This mix is also a core ingredient of the Central West’s tourism appeal. The attraction of agricultural tourism in our distinctive region means visitors can enjoy such diverse activities such as wine appreciation and picking seasonal fruit to attending one of our many regional farmers’ markets or packing a picnic for the races with locally grown produce.
“What better way to support these sectors than to showcase them in this way. There will be both Junior (under 18yo) and Open sections of the competition. So all school-age children are encouraged to get snapping too,” said Mr Harma.
Applications must be submitted via email to: email@example.com by 5pm on Monday, 30 September 2019. Winners will be announced early October via social media. Hashtag any of your images shared on social media with #centralwestisbestphotocomp and #rdacentralwest
Please include a sentence or two about your image and why you think the ‘Central West Is Best’. Complete details and conditions regarding the competition can be found here.
RDACW’s Chair Christine Weston welcomes new CEO Sam Harma. Photo Credit: Central Western Daily
The Central West has a vibrant and resilient agricultural sector. The red meat industry is a major employer of our region and was on show last week at the Agribusiness Today Forum held this yearin Cowra.
Over 100 delegates attended and learnt about innovative ways to maximise red meat yields and market opportunities. On behalf of RDA Central West, I would like to thank all sponsors, partners and committed organisers for their support to help create such a successful event.
The Agribusiness Today Forum grows in importance each year. Providing the region’s agricultural industry with avenues like this forum in times of drought are vital in both a business, networking and learning sense.
We’d love to hear your feedback about what you might like to see as the focus of a future Agribusiness Today Forum.
RDACW’s Chair Christine Weston welcomes new CEO Sam Harma. (Photo Credit: Central Western Daily)
RDA Central West has a welcomed a new voice with the appointment of Mr Sam Harma as the new CEO at RDA Central West.
“The Central West is a vibrant and diverse region. The opportunities are immense and the communities who call the Central West home are resilient.
“I am honoured to be the new CEO/Director of Regional Development at RDA Central West. RDA’s have a long history of delivery, and have built trust with the community over many years. I look forward to continuing to strengthen this role.
“I invite new ideas, and encourage all interested parties to contact our passionate team any time if we can support your idea, project, event or community in any way.
“RDA Central West has the unique role of advocating on behalf of and working together with community organisations, all levels of government and the private sector. This positions RDA to have a key role in economic development and as a leader of regional development outcomes across our region.
“I look forward to my family growing in the Central West and capitalising on the fantastic lifestyle, and unmatched opportunities which exist to all those who live, work and invest in the Central West.”