SABIIA - Sistema Aberto e Integrado de Informação em Agricultura (Sabiia)

If We Want Entrepreneurs We Need to Provide the Right Environment

Palavras-chave: Farm Management.

Ano: 2002

URL: http://purl.umn.edu/6986

This paper takes the notion that entrepreneurs are good for economies and outlines what countries can do to encourage entrepreneurship. It suggests that citizen rights and freedom are directly related with entrepreneurial activity. Illegal entrepreneurial activity is mentioned as an outlet in repressive localities. It lists areas of the world where freedom exists and where it does not. Historical, current and country examples are given to illustrate these suppositions and the paper concludes with the role of entrepreneurship in world agribusiness.

Reducing Budget Risk by Using Probabilities

Palavras-chave: Entrepreneurs; Country freedom index; Innovation; Ownership; Agribusiness; Product; Agribusiness.

Ano: 2005

URL: http://purl.umn.edu/24256

This paper emphasises the importance of budgeting for a family run firm. It concentrates on the inadequacy of the typical budget forecast that is shown to firm owners and lenders. This original budget is changed to a useful indicator of the firm's future by incorporating risk, using probabilities and a decision tree. Without this incorporation the firm can misallocate its anticipated net income between family salary, firm re-investment and debt reduction. The final budget, adjusted to the individual firm's risk calculations, produces a weighted net income. This number is a more realistic one for allocating salary, investment and principal.

Free Cash Flow Is At Least as Important as Profit in Assessing a Farm Firm

Palavras-chave: Agricultural Finance; Risk and Uncertainty.

Ano: 2003

URL: http://purl.umn.edu/24352

This paper suggests that most small agribusinesses can use a short cut to see how their firms are doing financially. The short cut requires that they calculate and follow (1) profit and (2) free cash flow. Both are defined and clarified. The reason for this short cut is that most small firm owners do not do enough financial analysis and that this simple and quick study may encourage them. The paper does not encourage the substitution of these two numbers for a proper analysis. They are useful but more of a bait to land the full course.