Methods of Assessing the Economic Efficiency of Small and Medium Farms
Abstract Farm profitability assessment is of particular importance, displaying its economic character. There are simple procedures for small farmers to carry out a correct analysis of the mode of land use and exploitation of animals, so that, by reorganizing the holding and proper management, to become profitable. Methodologically, this analysis consists of: identifying the factors influencing the level of yields per hectare; measure the influence of each factor on results achieved; establish critical points of the technical system of production; establishing the measures necessary to eliminate the weak elements of the system and design a new improved technical system for production for each crop; new design of new productions per hectare and of production costs, as well as evaluating the effectiveness of the extra production costs.