A FARMING breakfast seminar will highlight free farm business advice available under the Farm Business Advice Service (FBAS).

The NFU joined forces with GSC Grays, rural land and property specialists, to stage a series of farming breakfast seminars across the North, including one at the Roundthorn Hotel, Penrith on January 27.

With the imminent end of BPS payments, the NFU and GSC Grays believe it is vital farmers are given all relevant information to help them formulate an action plan to tackle barriers and achieve their goals in the next five to 10 years.

GSC Grays wealth of experience is being delivered as part of Defra's £32m Future Farming Resilience Fund (FFRF) Scale Up Project. A key element of the firm's support will be a free on-farm business site review to give farmers a forensic examination of their business, including a financial risk assessment.

Guy Coggrave, managing director at GSC Grays, said: "Our FBAS scheme has a broad range of options for farmers to consider such as assessing the financial performance of their business by enterprise and preparing forward budgets, improving productivity, succession planning, business restructuring, public and private sector environmental schemes, diversification, renewables and tourism to help find the most profitable and sustainable solution for their business.

"The breakfast meetings deliver a political overview and critical look forward to 2023 across key sectors and allow farmers to find out more about the Future Farming Resilience Fund and sign up for further free advice."