ISHS Acta Horticulturae 536: XIVth International Symposium on Horticultural Economics
HOW BIG MUST A NURSERY FIRM BE TO PRODUCE A REASONABLE FAMILY INCOME? |
| Authors: | P.J. van Blokland, M. Wang, J.J. Haydu, A.W. Hodges |
| Keywords: | Agribusiness firm, financial analysis, assets, equity, principal, net income, reinvestment, net firm income, sales, family salary |
| Abstract:
This paper outlines the essential financial tools for starting a full time family run nursery firm in the USA. It then uses United States Department of Agriculture financial data on nurseries and farm size and performance to estimate how big the firm must be to obtain a preselected annual family salary. Firm size is expressed in assets and sales and these and other key statistics are used in financial ratios to calculate what is required to produce a $50,000 salary, assuming an equal allocation of net income into its three components. | |
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