| Summary: | Semi-subsistence farms that predominate in developing countries have more complex goals than the strict profit motives of corporate farms. Small farm management decisions are commonly based on a desire to increase production while avoiding risks and reducing labor demands and operating costs. Enterprise budgets are a valuable tool for understanding diverse farming systems and farmers' decision-making processes. The preparation of enterprise budgets documents production expenses, labor requirements, and specific activities related to pest control, as well as sources of supplies and technical information. By identifying what resources are commonly used and the relative importance of farm labor, the preparation of enterprise budgets facilitates the development of appropriate rodent control techniques and effective extension programs.
|
|---|