Farm business planning: stages in preparing a business plan

An outline of the sequence of steps required in the preparation of a farm business plan.

Year of Publication2010

The clarification of the overall aims and objectives of the farm business is a crucial first step when preparing a farm business plan. Subsequently, a sequence of stages should be followed: budgeting for change; predicting physical and financial data and estimating the relative superiority of plans.

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This is a brief summary of an item in the OpenFields Library. This free online library contains items of interest to practitioners and researchers in the agricultural and landbased industries.