Introduction to Farm Business Management

Farm business management has assumed greater importance not only in developed and commercial agriculture all round the world but also in developing and subsistence type of agriculture. A farm manager must not only understand different methods of agricultural production, but also he must be concerned with their costs and returns. He must know how to allocate scarce productive resources on the farm business to meet his goals and at the same time react to economic forces that arise from both within and outside the farm. This document will equip you with basic knowledge on farm Business Management.