Industry statistics and trends, business objectives, resource appraisal, gross margin accounting, farm business performance appraisal, planning and budgeting techniques, agricultural and environmental policy at farm level, business diversification, risk management, business planning.
To achieve credit for this module, students must be able to:
- Demonstrate knowledge and critical understanding of farm business management and the key areas of enterprise risk.
- Critically evaluate farm business performance and develop solutions to problems.
- Produce an integrated business plan for a farm which demonstrates the ability to identify and critically evaluate new opportunities.
|Coursework||Business evaluation project||50%|
|Coursework||Business planning case study||50%|
Students should be familiar with the content of the following:
- Brown, B. (2003) Practical Accounting and Financial Management for Farms and Small Business. Crowood Press
- Newton, J. (2004) Profitable organic farming. 2nd edn. Blackwell Science
- Nuthall, P. l. (2010) Farm business management: the human factor. CABI
- Turner, J. and Taylor, M. (1998) Applied Farm Management. 2nd edn. Blackwell