Business
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Why Add an Agritourism Enterprise to Your Farm or Ranch?
Agritourism is the practice of touring agricultural areas to see farms and often to participate in farm activities.
Community Gardens: Budget & Fees
In order to have a sustainable project, it is very important to identify all of the expenses that are involved in the operation of your community garden. Are there costs associated with utilizing the site, site preparation (tilling, plowing, soil testing, or soil amendments), on-site resources (hose, fencing, or shared tools), marketing the garden, water usage, or insurance?
Credibility: The Foundation of Leadership
Research has shown that credibility is the foundation of leadership.
Are People Born Leaders?
In leadership research during the 20th century, the question: are people born leaders? drew great attention to determine what made certain individuals leaders over others.
Financial Ratios and Trend Analysis
Financial Ratios and Trend Analysis is designed to formulate financial ratios and data, utilizing information provided by the producer.
Agricultural Contracts For Crops
As a crop producer you probably dislike the uncertainty that results from market prices that are determined by forces outside of your control. With domestic economies becoming more interdependent, commodity price movements result from changes in global supply and demand.
Grain Merchant and Processor Consolidation, Concentration, and Competition
A general trend in the last century has been for greater consolidation among Grain Merchants and Oilseed Millers and Processors. The U.S. Census Bureau tracks the number of firms and/or establishments and value of sales (market size) by industry sector every 5 years as a part of the Economic Census. In addition to the number of firms and sales, the Census Bureau publishes concentration ratios for each sector. One concentration ratio they publish is the amount of sales attributed to the four largest firms in that sector. The percentage of sales of the 4 largest firms is a measure that aids in identifying the type of market structure that exists.
Farm Size and Efficiency
Growth is a common denominator of various business objectives. A business may want to grow profits, sales, market share, etc. The growth of a business itself usually refers to growth in equity, or growth in assets after debts have been paid. Farms, from a business perspective, are no exception. Farmers seeking to grow equity need to be willing and able to retain earnings and cannot be overleveraged.
Scheduling Bedding Plants
Fall is the best time to start scheduling your bedding plant production. Start planning early for next year’s production.
Effective Meeting Communication Begins With the Principles
Does every meeting require guiding principles? Probably not; however if you have a group of people who haven’t worked together before, it can help to determine expectations at a meeting.