Adequate records are essential for sound management decisions and for the attainment of the overall picture of the financial and physical performance of enterprises. Enterprise budgets are important in the development of a farming plan and when drawing up a total financial budget, especially the cashflow. Enterprise budgets can further be used as a control mechanism to compare the budgeted against the actual actions.
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Objective:
To equip emerging farmers with enterprise budgeting skills to be able to construct enterprise budgets for their crop and livestock enterprises.
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