- Business objectives
- Resource appraisal
- Management accounting for farm businesses
- Farm business performance appraisal
- Preparation of a business plan
- Machinery planning, organisation and acquisition
- Labour planning and management
- Whole farm budgeting
- Cashflow budgeting for a farm business
On successful completion of this module a student should be able to:
- Demonstrate knowledge and critical understanding of farm business management and the key areas of business risk.
- Develop an understanding of the factors which affect the efficient use of the principal fixed farm resources - land, labour, machinery and capital, and their role in creating profitable, and sustainable farm businesses.
- Critically evaluate farm business performance and develop solutions to problems.
- Demonstrate a systematic understanding of different business structures that can be used in farm and rural businesses
|Coursework||Farm Review presentation (15 minutes)||30%|
|Coursework||Farm Review Report (2500 Words)||70%|
Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.
- Nix, J.S. (Annual publication released in October) Farm management pocketbook. Agro Business Consultants
- DEFRA (2004) Getting started in farm management accounting: part 1: using the farm accounts to point the way. (PB; 8916A). Department for Environment, Food and Rural Affairs
- DEFRA (2004) Getting started in farm management accounting: part 2: mapping out a farming future. (PB; 8916B). Department for Environment, Food and Rural Affairs
- Barnard, C.S. and Nix, J.S. (1980) Farm Planning & Control. 2nd Ed. Cambridge University Press
- Turner, J. and Taylor, M. (1998) Applied farm management. 2nd ed. Blackwell Science (Note: This edition is now out of print but a number of copies are available in the library)
- Warren, M. (1998) Financial management for farmers and rural managers. 4th ed. Blackwell Science.