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    Investing eggs in multiple baskets

    A parent who wants to pass on their business to the next generation needs to ensure that the business is robust and able to continue providing a profitable future for their children. One of the best ways to do this is by diversification and expansion, but this comes with an inherent risk of failure, especially when a large initial investment is required.

    Welsh farmer John realised some time ago that his current upland beef and sheep unit would not enable his young son eventually to join the family business. Therefore, the family decided to look at expanding a free-range egg unit on some of their low-lying land close to the main farm.

    The existing poultry unit had 12,000 laying birds; the eggs were sold on contract to a packer and eventually went to Tesco supermarkets. The farm is in a good location for the enterprise as there are other egg producers in the area. This makes the collection of eggs and supply of pullets and feed viable within the integrated supply chain. At the time, the packer was seeking additional egg supplies and a further building on the farm could house an additional 16,000 free-range birds. This is where RSK subsidiary ADAS and its extensive knowledge of the farming sector came in.

    John employed ADAS experts to analyse the investment and help create a business plan, which was necessary to demonstrate to potential lenders the likely return that would be made from a substantial investment in expanding the poultry enterprise. ADAS looked at several factors, including the viability of the current business and how it compares by enterprise to other producers in Wales, the margins being made on all enterprises and where improvements could be made, whether further expansion of the poultry unit gave a suitable return on investment, whether any of the grants offered by the Welsh Government would be suitable to support the investment plans for the business and the effect on the business of the forecast decline in the Basic Payment Scheme and its impact on farm income.

    The resulting advice given to the client based on the above analysis provided reassurance to John that his farm was in a strong position. ADAS also recommended that he invest in new housing and advised on methods for showing annual improvement and implementing a machinery-replacement policy. As a result, John had the confidence he needed to proceed with investing in a new house that will provide his son with a way to enter the family business.

    • Location: United Kingdom
    • Project status: Completed
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    ๐Ÿ‘ท Did you know that the UK #construction industry contributes around 40% of the countryโ€™s total #carbonfootprint?

    ๐Ÿ“Œ Sarah Cook, Chartered Geologist and Associate Director of RSK company Leap Environmental Ltd, presented Leapโ€™s foundation carbon calculator in one of our latest webinars.

    ๐Ÿ—๏ธ This tool has been developed to consider embodied carbon associated with foundations and will enable developers to identify carbon costs and potential savings early in the #design process.

    Find out all about our past and future events in our story!

    #RSKEvents #RSKGroup #RSKfamily #sustainability #constructionindustry #building #carbonemissions #carboncalculator #co2
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    ๐Ÿ‘ Barcelona-based RSK company Amphos 21 is set to take part in one of the most extensive groundwater chemistry modelling projects that has ever been conducted.

    ๐Ÿ–ฅ๏ธ What does this exciting project entail? What is the ultimate goal? Find out all the details in our story!

    #RSKGroup #RSKfamily #groundwater #supercomputer #sustainability #sustainable #enviromental #waterindustry
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    #selfiesonsite ๐Ÿคณ

    Scott and Piotr ready to get started on steel fencing works for East West Railway Company!

    ๐Ÿ“ธ @lewisjimmy83

    Want to join our team? View our latest opportunities ๐Ÿ‘‰ www.rskgroup.com/careers

    #RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #construction #railway #careers
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    ๐Ÿ’ก All-Energy 2022 starts Tomorrow!

    ๐Ÿค #RSKGroup will be exhibiting at the event, alongside two of our companies: Stephenson Halliday and Headland Archaeology (UK) Ltd

    ๐Ÿ“Œ Come visit us:
    ๐—ฅ๐—ฆ๐—ž ๐—š๐—ฟ๐—ผ๐˜‚๐—ฝ - Stand D60B
    ๐—ฆ๐˜๐—ฒ๐—ฝ๐—ต๐—ฒ๐—ป๐˜€๐—ผ๐—ป ๐—›๐—ฎ๐—น๐—น๐—ถ๐—ฑ๐—ฎ๐˜† - Stand H58
    ๐—›๐—ฒ๐—ฎ๐—ฑ๐—น๐—ฎ๐—ป๐—ฑ ๐—”๐—ฟ๐—ฐ๐—ต๐—ฎ๐—ฒ๐—ผ๐—น๐—ผ๐—ด๐˜† - Stand J61

    We would love to see you there!

    ๐Ÿ“… 11-12 May 2022
    ๐Ÿ“ SEC, Glasgow

    #RSKFamily #RSKevents #renewables #energy #renewableenergy #sustainability #enviroment #ecofriendly
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    ๐Ÿก Housing Brighton, a conference organized by CIH Events, starts Tomorrow!

    ๐ŸŸข #RSKGroup is one of the proud sponsors of this event.

    ๐Ÿ’ก Housing Brighton is your opportunity to gain invaluable insight into the future of #housing in England.

    ๐Ÿ“… 10-11 May 2022
    ๐Ÿ“ Hilton Brighton Metropole

    #RSKEvents #property #house #construction #home #innovation #housingbrighton
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    ๐—ฃ๐—ฒ๐—ฑ๐—ผ๐—บ๐—ฒ๐˜๐—ฒ๐—ฟ ๐—–๐—ต๐—ฎ๐—น๐—น๐—ฒ๐—ป๐—ด๐—ฒ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ: ๐—ข๐—ณ๐—ณ ๐˜๐—ผ ๐—ฎ ๐—ณ๐—น๐˜†๐—ถ๐—ป๐—ด ๐˜€๐˜๐—ฎ๐—ฟ๐˜ ๐—ถ๐—ป ๐˜„๐—ฒ๐—ฒ๐—ธ ๐Ÿญ

    ๐Ÿšถ Colleagues across the family of businesses shared their thoughts and pictures, as well as some tips for week 2 of the #RSKSteps challenge, in our latest article in our story!

    ๐Ÿ˜ƒ What do you enjoy the most about #walking? Tell us in the comments below!

    #RSKGroup #RSKfamily #wellbeing #health #steps #walk #hiking #nature #landscape
    ...

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