5.2.1. Farm planning and budgeting

5.2.1. Farm planning and budgeting

A farm plan is a scheme for organizing farm business. It involves planning and includes a set of proposed action taken for a given period to achieve a specified goal or objective. Budget is concerned with the financial component of the farm decisions and analysis of the probable effect of farm plan on costs of and returns from farm business.

Last modified: Thursday, 22 December 2011, 9:01 AM