Assessing and Improving Farm Profitability – Fact Sheet

Maryland Cooperative Extension

Type: PDF
Knowledge level: Introductory

Farm Table says:

This is an easy to read fact sheet explaining profit and discusses ideas for increasing farm profitability and performance. There is also an example to help you understand how to use your income statement to analyze profit and profitability.

The key points this fact sheet covers is:

  • The definition of profit and profitability
  • Operator labor and management earnings
  • A rate of return on equity and investment
  • Improving farm profitability
  • Enterprise profitability
  • Using and income statement to calculate profit
  • Farm management computer programs available.
2014 - United States - Maryland Cooperative Extension
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