The calculator analyses five key areas of a business, Including profit and performance, individual farm performance and how they can prepare for challenges such as Brexit.
The Brexit Impact Calculator allows individuals to input their own data and see what effects the different Brexit scenarios might have on their business. The calculator also features a resilience check list, which uses questions to identify areas of the business that may benefit from additional attention to ensure it is sustainable after Brexit.
AHDB chief strategy officer Tom Hind said it was important for businesses to make conscious, proactive and strategic decisions to be fit for the future.
“Tremendous uncertainty still surrounds the outcome of Brexit negotiations,” said Hind.
“Last year, we analysed how a range of Brexit scenarios could impact on different farming sectors. Feedback from farmers and growers has indicated that many are unsure how the different scenarios might affect them, so we have now produced a tool to help them better understand what Brexit could mean for their bottom line.”
AHDB recently created a best-practice guide that will facilitate sharing data among the agricultural industry. The sharing data will be based on a set of principles based on farmers’ inputs and the wider value chain.