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D-farm-strategy Dictionary

Farm Strategy

The written decision about what the farm sells, to whom, how it wins against competitors and how big it will be in three years

An open dictionary on a farm office desk
Plain meaning
The written decision about what the farm sells, to whom, how it wins against competitors and how big it will be in three years
How to use it
Write it on one page and test every spending decision against it.
South African benchmark
South African commercial farms compete as low-cost producers, premium producers or contract growers.
Country notes
The same three positions are open in every local market; the losing position is a small farm selling a standard product at a high cost.
Go and read
C1 Lesson 1.7
Calculate it
T-CAP-01 Venture Plan Builder carries the strategy into the certified plan.
Library sources
LIB-A124
Two hectares measured out, with the four numbers that make land a business assetTwo hectares, measured as a business assetHectare 1100 m x 100 mHectare 210,000 m²100 m100 m100 mLease value a yearthe return to beatSale valuethe capital tied upHolding costfencing, rates, upkeepTenure documentwhat a bank lends on1 hectare = 10,000 square metres. Two hectares is a 200 m x 100 m block.
From Module 1, The Farm as an Asset, where this term is introduced.

Introduced in C1 The Farm as an Asset.