Archive | Farms

7 Main Factors which affect Farm Income

This article throws light upon the seven main factors which affect farm income. The factors are:- 1. Size of Farm 2. Rate of Production 3. Choice and Combination of Enterprises 4. Intensity of Cultivation 5. Labour Efficiency 6. Input Output Ratio 7. Capital Efficiency. Factor # 1. Size of Farm: There are two main sources which contribute to farm income, [...]

By |2016-08-25T16:53:49+05:30August 25, 2016|Farms|Comments Off on 7 Main Factors which affect Farm Income

3 Key Aspects of a Farm | Farm Planning

This article throws light upon the three key aspects of a farm. The aspects are: 1. Human Aspects 2. Physical Aspects 3. Financial Aspects. 1. Human Aspects: (i) Goals of Farm Family: Scope for a change, i.e., family satisfaction and an additional business approach to achieve both family satisfaction and profit maximization. The farmer's family may not be able to [...]

By |2016-08-25T16:53:48+05:30August 25, 2016|Farms|Comments Off on 3 Key Aspects of a Farm | Farm Planning

Management Exercises and Final Decision on Farm

This article throws light upon the five main management exercises before taking final decision on farm. The management exercises are: 1. Appraisal of Farm Resources 2. Appraisal of Land Resources 3. Appraisal of Capital Resources 4. Entrepreneurial Appraisal. Management Exercise # 1. Appraisal of Farm Resources: The basic aim on commercial farms are the minimization of cost and maximization of [...]

By |2016-08-25T16:53:48+05:30August 25, 2016|Farms|Comments Off on Management Exercises and Final Decision on Farm
Go to Top