farmcfo.com.au · 0412 759 847Adding a new enterprise
Budgeting a new enterprise needs the current business first, then everything known about the new one. Quotes and offers in writing make the budget much stronger with a lender.
How to send them
- Send documents for every entity: each company, trust or partnership, and each owner or guarantor.
- Three years means the last three finalised financial years.
- A shared Google Drive or OneDrive folder works best. For Xero or MYOB, add Nick as an adviser user rather than exporting reports.
- Black out tax file numbers. Farm CFO doesn't need them.
- Missing something? Send what you have and note the gap. It won't hold the work up.
The business you run now
| Done | Document | Where to find it |
|---|---|---|
| Financial statements for the last three financial years for every entity | Your accountant | |
| Management accounts for this year to date, or Xero or MYOB adviser access | Xero, MYOB or your bookkeeper | |
| Facility letters and latest statements for every loan and overdraft | Your lenders | |
| Stock numbers by class and the last 12 months of sales | Your records and agent account sales |
The new enterprise
| Done | Document | Where to find it |
|---|---|---|
| What you plan: the enterprise, its size, the start date and how it builds up | You | |
| Quotes for sheds, yards, fencing, water, equipment and starting stock | Builders and suppliers | |
| Any supply or sale contracts, or letters of interest from buyers or processors | Processors, feedlots or agents | |
| Approvals you hold or have applied for, such as council development consent or an environment licence | Your council or state environment agency | |
| Advice already received from your vet, nutritionist, agronomist or consultant | Your advisers | |
| Who will do the work: extra labour, or time taken from the current enterprise | You |
Land and water
| Done | Document | Where to find it |
|---|---|---|
| The land and water the new enterprise will use, and what it does now | You | |
| Water entitlements, bore licences or supply agreements | Your state's water register |
Extra records for livestock
Add these for each livestock enterprise you run. Skip the groups that don't apply.
All livestock
| Done | Document | Where to find it |
|---|---|---|
| Property Identification Code (PIC) for each property, registered in the right name | Your state's PIC authority, such as Local Land Services in NSW | |
| Livestock reconciliation for the financial year: numbers by class at 1 July and 30 June, purchases, sales, births, deaths and stock killed for rations | Your herd and flock records or your accountant | |
| Agistment received or paid, with head, dates and rates | Agistment agreements and invoices |
Pigs
| Done | Document | Where to find it |
|---|---|---|
| Herd performance reports: sow numbers, pigs weaned per sow per year, growth rate, feed conversion and mortality | Your herd recording software | |
| Feed records: diets, tonnes used, grain and meal prices | Your feed mill, nutritionist or supplier invoices | |
| Processor or buyer contracts, price schedules and kill sheets | Your processor | |
| APIQ certification status and PigPass records | APIQ and the PigPass database |
Cattle
| Done | Document | Where to find it |
|---|---|---|
| Joining, pregnancy testing, calving and weaning numbers | Your herd records | |
| Sale and purchase dockets with weights and c/kg | Agent account sales, kill sheets, feedlot statements | |
| LPA accreditation status and NLIS account details | myMLA and the NLIS database |
Sheep
| Done | Document | Where to find it |
|---|---|---|
| Joining, scanning, lamb marking and weaning numbers | Your flock records | |
| Wool clip records: bales, micron, yield and price | Your wool broker's sale summaries | |
| Lamb and sheep sale dockets with weights and c/kg | Agent account sales and kill sheets | |
| Shearing and crutching costs | Contractor invoices | |
| LPA accreditation status and NLIS account details | myMLA and the NLIS database |
Checked 26 October 2026. Based on what Farm CFO needs for the work and what the Regional Investment Corporation and most lenders commonly ask for. Your lender's own letter is the final word on what it needs. Farm CFO is a business name of Levelhead Capital Pty Ltd (ABN 15 703 134 918). farmcfo.com.au · 0412 759 847
Ready to start?
Send what you have and we'll confirm the fee in writing before any work starts.