Financial Management for Agribusiness

Financial Management for Agribusiness

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Financial Management for Agribusiness presents a practical approach to financial decision making for all those involved in agribusiness, including farmers, horticulturists and supporting businesses, to manage invested funds, physical resources and labour. It covers all the stages leading to a completed business plan and provides straightforward worked examples for each step. The authors emphasise the need to collect and record the detailed financial and physical records necessary for sound decision making and detail all stages of financial planning, including record keeping, preparation of financial statements, financial analysis, budgeting, income tax, Goods and Services Tax and succession planning. The book clearly explains how past financial information of the business can be used to identify and assess alternative strategies that will aid management in making decisions that meet business and personal objectives. The complete financial management process is then summarised in a comprehensive business plan.In the payments record (Table 3.6, row 9) an entry is made with no amount in the total column for the cheque account, $10 in the GST ... for each month, the bank and business credit card statements must be checked for transactions such as payments or receipts that have ... Value GST Total 6 cull cows $4, 200 $420 $4, 620 Less selling costs $100 $10 $110 Total $4, 100 $410 $4, 510 1-Apr Balance c/f 100anbsp;...

Title:Financial Management for Agribusiness
Author:WJ Obst, R Graham, G Christie
Publisher:Landlinks Press - 2007-06-20


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