Cash Cash or money is an important resource in every business. A farming enterprise will not be able to function sustainably without a continuous flow of cash into the business. Consequently, effective cash flow management is essential to the survival of the business....
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Financial Management
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Cost, Profit, and Breakeven
Farm Business Costs In farming enterprises and every other business sector, it is important to know where the money is being used and the reason for those costs. Key points to consider: Top farm businesses understand their expenditure in five key cost areas: Variable...
Capital Requirements
There are no fundamental differences between the capital requirements of a farming enterprise and those of, for example, a factory. Nevertheless, certain characteristics necessitate a separate discussion. In this paragraph, attention will first be focused on the...