
David McLean and Matt Barton from RCS discuss the importance of financial literacy for agribusinesses, particularly in managing market variability. They emphasise the need to differentiate between gross margins and profitability, focusing on analysing overheads and enterprise comparisons. They highlight the value of regular management accounting and the control it provides, advocating for their Business Fundamentals workshops, available both online and in-person, to help business owners gain financial control and make informed decisions, ultimately reducing stress and improving profitability.