The core of the business of McMichael and Associates, property management generally is undertaken either on behalf of:
For a 'start up' investment, McMichael & Associates is generally required to:
In the initial stages, whether it be a 'start up' or existing operation, an important role is the streamlining of reporting and financial control systems to meet the requirements of the investor, and his/her existing accounting and financial protocols.
On an ongoing basis, McMichael & Associates would manage on behalf of the owners:
When first retained, and then on an annual basis, McMichael & Associates would also complete a critical evaluation of the operation to ensure its optimal and sustainable performance.
In all instances, the development of long term plans backed by thorough annual budgeting, and regular budget and farm production reviews, are vital. Good communication between all parties is pivotal for ongoing success and client satisfaction.
As every business is unique, the details of management agreements are flexible to accommodate those circumstances. Clients agree on a billing cycle, whether it be on an irregular fee for service, monthly or quarterly basis.
The long term relationship developed with many clients is testament to the success of this strategy.
McMichael & Associates provides an advisory service to farming businesses which ranges from one off specified jobs to regular farm visits throughout the year. Services include:
Advisory and Other Services work is generally done on a fee for services hourly rate or an annual fee.
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