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Farm Budgets

Course Category: Farm Management
Price: R2,200.00 Incl. VAT

Course Covers:

Gross Margin Analysis. Farm Budgets. Records. Labour and tractor planning. Management of the farm business.

SKU: LG80002/3
Aligned to Unit Standard 116319 NQF Level 4 Credits 3

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Course Outcomes

 

SPECIFIC OUTCOME 1

Understand the gross margin budgeting system for the farm business with an example of how it works.

SPECIFIC OUTCOME 2

Complete the learning programme on the gross margin budgeting system.

SPECIFIC OUTCOME 3

The learner will gain even greater understanding into the workings of the partial budgets and work through examples thereof.

SPECIFIC OUTCOME 4

Understand the principles of the break-even budget; calculate forage hectares for livestock and planning for the most limiting factor on the farm.

SPECIFIC OUTCOME 5

The learner gain an understanding of a cash flow budget.

SPECIFIC OUTCOME 6

The learner will be able to understand complete farm budgets and be able to plan and allocate resources. A greater understanding regarding improving farm profitability by the gross profit margin system as well as identifying the limitations of budgeting.

SPECIFIC OUTCOME 7

The learner will be able to understand and identify the factors affecting gross output, the factors affecting variable costs and record keeping.

SPECIFIC OUTCOME 8

Understand and implement the record keeping and systems for tractor and labour planning.

SPECIFIC OUTCOME 9

The learner will be able to understand the factors affecting the profitability of the beef production enterprise.

SPECIFIC OUTCOME 10

The learner will be able to understand the factors affecting the profitability of the pen fed cattle production enterprise

SPECIFIC OUTCOME 11

The learner will be able to understand the factors affecting the profitability of the dairy production enterprise

SPECIFIC OUTCOME 12

The learner will be able to understand the factors affecting the profitability of the sheep production enterprise

SPECIFIC OUTCOME 13

The learner will be able to understand the factors affecting the profitability of the pig and poultry production enterprise

SPECIFIC OUTCOME 14

The learner will be able to understand the management, planning, organising, motivating and control required in the farm business.

SPECIFIC OUTCOME 15

The learner will be able to understand the managerial efficiencies, service agreements and employee agreements for a successful farm business.