An introduction will be given to a novel farm situation as well as guidance on the assessment of potential and the formulation of the student's own individual plans. These will include detailed and viable plans for stocking and cropping as well as finance plans, gross margins, profit/loss accounts and cash-flow projections for a three year period. Plans for the alteration or erection of buildings, and the use of machinery and labour will also be required. Students will be expected to demonstrate compliance of their plans with the codes of good agricultural practice for the protection of water, soil and air and, if appropriate, with environmental schemes.
To achieve credit for this module, students must be able to:
- Undertake a resource appraisal and a full farm business planning exercise in an unfamiliar situation.
- Set a farm business plan into the context of compliance with legal requirements and regulations.
|Coursework||A realistic, complete business plan report.||100%|
Assessments may differ in 2021/22 due to adjustments for Covid-19. Please check Gateway for the latest regulations.