Using the template below, draw up a list of areas in your operation that you have identified which could be done better.
Provide an approximate cost of implementing the item. Outline the proposed benefit of introducing the innovation into your business.
Prioritise the relative ease with which the item can be incorporated into your operation
Consider and record the expected time that the innovation will last for.
Payback period for amount invested.

If you are unsure of how to calculate some of these figures, such as payback period or benefit cost ratio, speak to your consultant or accountant and they can help you with these.

Innovation/efficiency	Approx. cost	Benefit of item	Ease of implementation, and keeping it going	Longevity of innovation	Estimated payback period	Priority of adoption
Better working dogs	$3,000 per dog	More efficient sheep handling Less staff required	High levels of ease	6 years per dog	1 year	1
Better sheep yards	$50,000	Safer handling Better movement of animals through yards Less stress on animals and people Less staff required to perform work in yards	One off – installation Annual maintenance	20 years	5 years	2

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MMFS Manual

Module 1 Plan for Success Module 2 Market Focused Wool Production Module 3 Market focused lamb and sheepmeat production Module 4 Capable and Confident People Module 5 Protect Your Farm’s Natural Assets Module 6 Healthy Soils Module 7 Grow More Pasture Module 8 Turn Pasture into Product Module 9 Boost Business with Breeding Module 10 Wean More Lambs Module 11 Healthy and Contented Sheep Module 12 Efficient Pastoral Production

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