1.2 - Will this investment be consistent with my long-term business goals?
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Before undertaking a major irrigation investment, you need to consider your long-term business goals and circumstances in detail. Your goals depend on many things including your family circumstances, age, financial situation and the duration for which you plan to be in the farm business. You can attend seminars, workshops or training courses that cover issues that can help you to better define your long-term goals so that you can work towards achieving what you want.
A few references for further information:
It is important to know at least approximately what you want to achieve through your investment. For example, if you want to buy a car, you have to decide what you want (family car, 4WD, performance car) before you start looking in car yards. This step cannot give you the answers; you have to determine yourself what your priorities are. |  Your farm consultant can help |
© The State of Victoria, 1996 - 2009.
This document was last reviewed on 20/10/2009