As is the case with any business, a farming enterprise that is not viable and well managed will fail to operate profitably in the long term. In a farming enterprise, viability is directly dependent on sound investment decisions.
The best-planning farming enterprise can, however, still fail as a result of ill-judged financial decisions and, particularly in present circumstances, inadequate human resources management and poor labour relations.
This book, which is primarily directed at farmers and students studying farm management, incorporates guidelines for rational financial and investment decisions and for appropriate management of human resources and labour relations on farms.
SECTION A: Financing and investment
Chapter 1 Capital requirements, forms and sources
Chapter 2 The financing policy of a farming enterprise
Chapter 3 The right to use land
Chapter 4 Management of farm machinery and buildings
Chapter 5 The investment of funds
SECTION B: Human resources management
Chapter 6 Human resources management
Chapter 7 Labour relations: Structures and legislation in South Africa
Chapter 8 Labour relations: Procedures and processes
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