Record Keeping Tools for Small Fruit and Vegetable Farms
[Pages:48]Record Keeping Tools for Small Fruit and Vegetable Farms
Hal Pepper, Center for Profitable Agriculture
Margarita Velandia, Agricultural & Resource Economics.
The first step to profitability is good recordkeeping. Records give you the information you need to make sound business management decisions.
Revenue ? (Fixed + Variable Expenses) = Profit
? To determine farm profitability (or lack of). ? To measure farm production and financial performance. ? To determine breakeven prices, showing which crops were
winners and losers. ? To determine which market channels are providing
acceptable returns. ? To make sound business management decisions. ? To prepare accurate income tax returns. ? To provide some peace of mind.
?Paper ?Excel spreadsheets ?Software
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