Description
Book SynopsisGives farmers, ranchers, and farm management students instructions on how to pull together and analyze the information required to develop a whole-farm or whole-ranch cash budget. This title illustrates the cash flow planning process and allow readers to apply the techniques to their specific operations.
Trade ReviewThe primary impetus for this book is that the cash flow budget can be the central focus of all three of the major planning problems – marketing, production, and investment – of a commercial farm or ranch - Introduction to Part 1
This book will be used to farm management practitioners and undergraduate students in agriculture business, and farm management curricula. The authors are no-nonsense-type farm management specialists who are heavily involved with the day-to-day problems of operating farm managers and with the training of farm management students.
- Dennis R. Starleaf, Professor and Chair Department of Economics, Iowa State University
Table of ContentsPreface.
. Part I. Introduction to Cash Flow.
The Importance of Cash Flow.
Relationships between the Financial Statements.
A Cash Flow Plan..
Part II. Plan Components.
Strategic Planning.
Market Planning.
Production Planning.
Purchasing Schedules and Inventory Planning.
Investment, Repair, Debt Service, and Other Expenditure Planning..
Part III. Compilation and Use of a Total Plan.
Putting the Plan Together.
Assessing Risk through Cash Flow.
Cash Flow Monitoring..
Part IV. Limitations and Other Concerns.
Cash Flow Deficiencies, Problems, and Long-Run Projections.
Index.
