An inventory of your property’s assets can take a very individual form – there are no right or wrong ways to compile such a tool. You can use the following example as a guide and make changes as you see fit, to find what works best for you and your business.

Asset/feature name	Description	Purpose	Condition of asset/feature	Comments	Plan/priority for upgrade
Fences
Boundary fences	Plain wire fence around perimeter of property	Keep stock in, keep stock out	Fair	Need to consider vertebrate pests from neighbouring property	Southern boundary needs attention within 2 years
Internal fences	Plain wire	Keep stock in desired paddocks	Good – adequate for Merino sheep		OK for at least 5 years
Laneways

Buildings
Shearing shed	60 years old, corrugated iron, 5 stand shed	Shearing and crutching	Structure – average Shearing plant – poor	Plant is old and needs replacing	High – need to replace stands within 2 years
Sheep yards

Water
Dams
Bores

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Tool 12.2 Develop a property plan

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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

Tool 12.1 Develop a property inventory