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Explain FIVE reasons why it is important to budget for farm enterprises before carrying them out.

      

Explain FIVE reasons why it is important to budget for farm enterprises before carrying them out.

  

Answers


william
o Helps the farmer in decision making so as to avoid over expenditure and impulse buying.
o Enables the farmer to predict future returns/plan a head.
o Helps the farmer to incurring losses by investing in less profitable enterprises.
o It enables farmers to secure loans from financial institutions such as AFC and commercial banks.
o It pin points of efficiency or weakness in farm operations.
o It acts as a record which can be used for future reference.
steve williams answered the question on January 7, 2018 at 22:08


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