A Method of Analyzing the Farm Business



Source of Digital Item

National Agricultural Library



FARMING is an art. It is also a science. But above and including both, farming is a business and the successful farmer is a business man. The basic qualities of a manufacturer, a financier, and a salesman combined in one man are essential to the efficient and successful management of a going farm enterprise.

Success on the farm primarily rests upon (1) the size of the business, (2) the quality of the business, and (3) the diversity of the business, just as the same factors, in perhaps slightly altered forms, underlie any commercial or industrial activities.

With the facts that are made clear by a business analysis of the farm, as described in these pages, a farmer can find the weak points in his system of management and thus be enabled to make those improvements which will produce the financial income needed for success.


A Method of Analyzing the Farm Business