This article throws light upon the three important capital assets required in a farm. The capital assets are: 1. Farm Buildings 2. Irrigation 3. Farm Machinery. Capital Asset # 1. Farm Buildings: Livestock need to be protected from the in-clemencies of weather. If the livestock is kept in the open it shall require extra energy to fight against rains, heat [...]
After reading this article you will learn about the meaning and procedure of farm planning. Meaning of Farm Planning: "The farm plan is a process for deciding in the present what to do in the future about the best combination of crops and livestock to be raised through rational use of resources." When a new enterprise is established a complete [...]
After reading this article you will learn about:- 1. Sources of Farm Management 2. Sampling Procedure of Farm Management 3. Methods 4. Suggestions 5. Alternative Means 6. Areas. Sources of Farm Management: The management data is obtained from four major sources: (a) Farm accounts, (b) Farm surveys, (c) Individual farmers, (d) Theoretical farm models. Sampling Procedure of Farm Management: The [...]