HOW TO: Enterprise Budgets for Small Farms
Posted by Kristen Nammour on May 19, 2017
OK. So what are enterprise budgets exactly?! Good question! Enterprise budgets are a farm business management tool which project the costs and returns of a specific activity (ie: growing a vegetable crop or raising livestock) over a specified period of time (typically annually). WATCH: Enterprise Budgets Webinar (April 14, 2017) They are both a physical and financial plan for raising and selling a particular crop or livestock enterprise. As a physical plan, enterprise budgets list types and quantities of production inputs and track crop yields. From a financial perspective, they also assign costs to inputs related to producing that crop … Continue reading HOW TO: Enterprise Budgets for Small Farms