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A PRIMER for Selecting New Enterprises for Your Farm AgEcon
Woods, Timothy A.; Isaacs, Steven G..
This publication is designed to help producers evaluate new enterprises for their farms of family businesses. It is based on a set of worksheets to help evaluate Profitability, Resource requirements, Information needs, Marketing decisions, Enthusiasm for, and the Risk associated with a new enterprise.
Tipo: Report Palavras-chave: Alternatives; Marketing; Business plan; Diversification; Tobacco; Agribusiness; Marketing.
Ano: 2000 URL: http://purl.umn.edu/42316
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Technology Adoption, Management Practices, and Financial Performance of New and Beginning Farmers: Evidence from a National Survey AgEcon
Mishra, Ashok K.; Wilson, Christine A.; Williams, Robert P..
More than 50 percent of current farmers are over age 55, and the number of new farmers replacing them has fallen. This paper examines factors that contribute to the financial performance of new and beginning farmers in the U.S. A weighted regression analysis was used on data from the 2005 Agricultural Resource Management Survey (ARMS) to measure new and beginning farmers’ financial performance given farm and operator characteristics, production and marketing, and risk management strategies. Particular attention was given to the impact of technology adoption and management strategy on financial performance. Results indicate the adoption of Genetically Modified (GM) crops, having a written business plan, controlling variable costs, participation in...
Tipo: Conference Paper or Presentation Palavras-chave: Financial performance; Technology adoption; Genetically Modified (GM) crops; Business plan; New and beginning farmers; Contracting; Coupled farm program payments; Farm Management; Productivity Analysis.
Ano: 2007 URL: http://purl.umn.edu/9982
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Planning farm succession: how to be successful AgEcon
Stephens, Mike.
Planning farm succession is really good farm planning in its broadest aspect. Unfortunately very few farmers and their families have devoted sufficient time to working out how the farm business will be transferred. After demonstrating the importance of the farm succession issue, this article goes on to explaining a method of successfully tackling the process.
Tipo: Article Palavras-chave: Succession; Transfer; Next generation; Continuity; Business plan; Farm Management.
Ano: 2012 URL: http://purl.umn.edu/122902
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