Agribusiness in Taranaki

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Helping farmers make the most of their Agribusinesses in Taranaki

To reflect the needs of our local market, we also offer specialist Agribusiness advice. With our local team of 30 we will work with you to ensure we understand your business. We have a unique skill set including a broad banking background, practical farming experience and a technically competent team with strong industry relationships. Our team approach means there’s always someone available to assist you, someone who knows your business.

In addition to this amongst our local team of over 70 staff and the wider BDO network we have experts in; NZ tax, trust administration, business restructuring, corporate finance, audit, corporate and international tax, business advisory services, risk advisory and estate planning.

As farming businesses become ever increasingly complex, we can draw upon these specialist skill sets which is unique compared to many rural based accounting practices.

The solutions and expertise we deliver are individually tailored for our clients and we specialise in providing high quality, timely services that will exceed your expectations.

We can support all aspects of rural business – from new entrant support (talk to us about our “Dairy Start-up” plans) to experienced farm owners looking at Governance or Succession, as well as offering our range of advisory services to agricultural support businesses.

Some of our key roles include:

  • Tax preparation and planning
  • Assistance with financing, cash flows, financial statements, reporting and business plans
  • Farm accounting software training and support
  • Restructuring
  • Succession planning
  • Governance
  • Payroll and bookkeeping

BDO has a team of software specialists that are certified to help you get the best out of your accounting, payroll and farm reporting software packages.

Our aim is to help you and your farming team to have better visibility of real time financial information at all times

We are happy to work with you and your preferred providers.

 

Accounting & Farm Reporting;

Farm Focus www.farmfocus.co.nz/

Figured www.figured.com

Xero www.xero.com/nz/

Hubdoc www.hubdoc.com/

 

Payroll;

Contact our BDO Taranaki Payroll Team for more information on payroll options that would best suit your business

BDO are accredited service providers with a number of agri industry bodies. Services under these schemes include:

Business Systems; Exploration of current accounting and farm reporting systems and scoping of options available. Coaching / training to upskill when implementing and ongoing support.

Strategy; Business planning sessions and support to help you develop a clearly defined strategy for you and your farming business

Governance; Coaching & development to help you establish appropriate governance and structures, getting your team around the table regularly to help you achieve your goals

Succession; Support in helping you and the next generation understand what the future looks like and to develop a plan that fits everyone’s needs.

Support with your Bank; Developing a plan that sees sustainability with your financier long term, creating a win/win outcome for all parties involved.

Regional Business Partner Funding Scheme through Venture Taranaki. We offer services that are registered with the Management Capability Development Fund. You may qualify for funding to help pay for services such as training workshops, courses and coaching that build the management capabilities of their owners and key managers. Key services include; Business Systems, Strategy, Governance & Succesion.

For more information on the Management Capability Development Fund or to see your eligibility go to www.regionalbusinesspartners.co.nz

 

Industry bodies / Current Funding available

New Zealand Trade & Enterprise (NZTE) RBP Voucher Funding Scheme through Venture Taranaki. Key Services; Business Systems, Strategy, Governance & Succession. NZTE will provide 50% of an agreed service in any 12-month period.  Vouchers must be utilised within 6 months of approval.  

Meet our specialist Agribusiness team

What our clients say

We have been with BDO for the past 2 seasons dairy farming, we decided to change after meeting with a BDO Principal at a discussion group. Sheree Hastie and the team have been amazing! With BDO we have seen a huge difference in what we are able to claim and this has resulted in a dramatic improvement of our finances and tax affairs. We have already recommended and will continue to recommend BDO to any of our farming friends, we have had some great advice and help, we couldn’t be happier with the service.
Neil & Shannon WithersGet Withers Limited
Working to pay income tax seemed to be the theme of our early years in business. Linking up with Steve Waite and BDO Taranaki has seen our farming businesses grow and prosper and become much more tax efficient. BDO are always thinking outside the box and their ability to use the National Herd Scheme/Income Equalisation and other initiatives have, more than once, saved our businesses tens of thousands of dollars over the past twenty years. I can’t speak highly enough of BDO and their involvement and sponsorship of community and sporting organisations, makes us proud to be associated with BDO Taranaki.
Ray & Anne Barron
Ryan has been working with us as our primary adviser at BDO Taranaki for the past eight years. In that time, he has come to totally understand our business needs and has been instrumental in improving our systems and financial visibility. We look forward to continuing to work with Ryan in the future.
Trish and Mark Stevenson

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Get in touch with our team to see how they can help your Agribusiness


Leaving the land in a better place - The Waimacher Farms story

Learn more about BDO Taranaki