Financial Management for Agribusiness

Contents: Foreword. Acknowledgements. 1. Agribusiness management: an overview. 2. Data collection and recording. 3. Financial record keeping. 4. Cash flow management. 5. Assessment of business equity. 6. Assessment of profitability. 7. Taxation management. 8. Succession and estate planning. 9. Financial analysis. 10. Business and marketing planning. 11. Budgeting for change. 12. Finance management. 13. Completing the business plan. Glossary. Index.

"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 emphasize 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 summarized in a comprehensive business plan."