scholarly journals Fundamentals of business planning of agricultural enterprises

Author(s):  
A. A. Osipova ◽  

In world practice, a business plan has long become a generally accepted way of providing commercial information and the basis for business negotiations. With the development of market relations and the expansion of international economic relations, business planning becomes one of the important elements of ensuring the competitiveness and successful production and financial activities of an enterprise. On the basis of the business plan, the calculation of the economic efficiency of business ideas and investment decisions, the assessment of the commercial feasibility of investing in their implementation is carried out. A well thought out business plan can be a key step in building a successful and sustainable agricultural enterprise. Business plans, as objects that reflect the characteristics of the field of activity, must be developed not in a template, but based, first of all, on the intended purpose. In this case, the number of sections is regulated. It is one thing when a business plan is developed with the aim of introducing a highly effective innovation, and quite another when it is created for the financial recovery of an organization. A business plan is a document that defines the future goals of a business and a strategy for achieving them. Description can take two forms: narrative and financial. A business plan includes the following documents: resume, business introduction, market analysis, competitor analysis, products and services, marketing and sales strategies, organizational structure, and financial projections. Thus, a business plan is an invaluable tool that helps a grower to be on track to achieve the goals of an agricultural business. Regardless of whether you are a cattle farmer, raising products or processing, it is an agricultural business.

2003 ◽  
Vol 44 (157) ◽  
pp. 179-190
Author(s):  
Djordje Kalicanin

Business plan has been one of the most popular management categories in our economy over the last two years. Popularity of business plan has been created from the outside. It is not the result of our managersz belief in its usefulness, but of the creditors request for potential debtors. In that way, business plan is becoming the main negotiating tool in providing financial resources for expanding capacities of the existing firms or start-ups. Creating business plans with this purpose only poses the biggest threat to its implementation. For these reasons, the concept, purposes and business planning process are also presented.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chris Welter ◽  
Alex Scrimpshire ◽  
Dawn Tolonen ◽  
Eseoghene Obrimah

PurposeThe goal of this research is to investigate the relationship between two different sets of practices, lean startup and business planning, and their relation to entrepreneurial performance.Design/methodology/approachThe authors collected data from 120 entrepreneurs across the US about a variety of new venture formation activities within the categories of lean startup or business planning. They use hierarchical regression to examine the relationship between these activities and new venture performance using both a subjective and objective measure of performance.FindingsThe results show that talking to customers, collecting preorders and pivoting based on customer feedback are lean startup activities correlated with performance; writing a business plan is the sole business planning activity correlated with performance.Research limitations/implicationsThis research lays the foundation for understanding the components of both lean startup and business planning. Moreover, these results demonstrate that the separation of lean startup and business planning represents a false dichotomy.Practical implicationsThese findings suggest that entrepreneurs should engage in some lean startup activities and still write a business plan.Originality/valueThis article offers the first quantitative, empirical comparison of lean startup activities and business planning. Furthermore, it provides support for the relationship between specific lean startup activities and firm performance.


Author(s):  
И.Р. Ханафиева

В статье рассмотрены теоретические основы бизнес-планирования стартапа. Раскрыта сущность бизнес-плана как специального инструмента, используемого в современной рыночной экономике в качестве средства контроля и управления бизнесом.Определена важность соблюдения сбалансированности основных разделов бизнес-плана стартапа: необходимо, чтобы описательная часть и финансовый план согласовывались друг с другом, поскольку по отдельности они не отражают инновационную идею полностью.Рассмотрены функции бизнес-плана и задачи, на решение которых направлен бизнес-план в процессе достижения поставленной цели. Представлена последовательная структура бизнес-плана стартапа (инновационного проекта). The article discusses the theoretical foundations of start-up business planning as a process where a business plan is a business card necessary to attract financial resources. The essence of the business plan as a special management tool used in the modern market economy as a means of monitoring and managing the business is revealed.The importance of balancing the main sections of the start-up business plan is determined: it is necessary that the narrative and financial plan are consistent with each other, because individually they do not fully reflect the innovative idea.The functions of the business plan and the tasks that are addressed by the business plan in the process of achieving this goal are considered. The consistent structure of a start-up business plan or innovation project is presented.The process of preparing a business plan for start-ups is a complex and time-consuming process, as a result of which the most well-known Western methods for developing business plans for innovative start-ups, which are the basis of Russian methods, are considered.


2021 ◽  
Vol 37 ◽  
pp. 00187
Author(s):  
Lyubov Vinnichek ◽  
Dina Badmaeva

In agricultural business, some specific factors, such as high natural and climatic risks, seasonality of production, reliance on biological assets, slow cycle of capital turnover, timeliness and completeness of budgetary assistance, have a significant impact on financial results. The role of budgetary funds in modern conditions is clearly manifested at the stage of formation and presentation of operating profit in the reports of an agricultural enterprise. The analysis of profit and assessment of its basis of efficiency of business processes of the enterprise are the most important direction of financial analysis of market entities' activity. Information about the amount of operating profit is an economic criterion for the development of an agricultural enterprise and can be a signal reference point for potential investors in the agricultural market when considering business cooperation and partnership.


2020 ◽  
Author(s):  
Inna Lazaryshyna

Implementation of strategic and current tasks of operational management is impossible without the use of appropriate production capacity. An important place in its structure is occupied by fixed assets. Due to their availability and use in accordance with the production program, a resource base is formed to increase production, provide services or perform work, diversify them, improve quality characteristics. This contributes to gaining significant advantages in ensuring the competitiveness of the enterprise and its products. To reveal the purpose and objectives of the research, the article uses general scientific (analysis, synthesis, induction, deduction) and special research methods (system approach, graphical method, comparative analysis, modeling). The scientific article examines the existing methods of analysis of fixed assets. Its critical assessment is given, the shortcomings of use in the conditions of market economy and information needs of managers and investors of agrarian business enterprises are pointed out. Theoretical and methodological principles of improving the analysis of fixed assets of agricultural enterprises are formulated. A model of the methodology of analysis of fixed assets in the system of real investment management is proposed. To reveal the content of the proposed method, the practical aspects of the implementation of the method of analysis of fixed assets in the management of real investments of agricultural enterprises are considered. Analytical indicators for information support of management of each stage of real investment (at the stage of real investment planning and the stage of realization of investments in fixed assets of agricultural enterprise) are identified.


Author(s):  
N. Svinous

The article considers the components of investment management processes to reproduce the resource potential of agricultural enterprises, which include investment strategy, principles and methods of management, objects and subjects of management. It is generalized that expanded reproduction is a constantly regenerative process of conducting production activities on an increased scale, which in agricultural enterprises is carried out under the influence of bioclimatic, economic, social factors that determine its specificity and characterize the use of resources and production and economic relations. It is argued that the resource potential of an agricultural enterprise should be considered as a set of labor, material, intangible, financial, innovative and managerial resources of a certain quantity and quality, which will help achieve development goals taking into account natural, climatic and economic conditions. The constituent elements of management of investment processes of reproduction of resource potential of agricultural enterprises are substantiated, which include: investment strategy, management goals, management factors, principles and methods of management on factors, management resources. The set of principles as a basis of tools of development and realization of investment strategy is systematized and supplemented by general economic principles and principles of planning, principles of coherence of investment strategy. .It is offered at development of investment strategy to supplement the allocated principles with the principle of a priority of a choice of directions of investment activity that will allow to allocate projects of the priority realization which correspond to the strategic purposes of the enterprise. It is argued that the specifics of investment activities of agricultural enterprises are due to the following factors: natural and climatic conditions, organizational and economic mechanism of management, investment climate (regulatory regulation of investment), and features of agriculture. It is highlighted that the main task of investment activity as an element of the reproductive system of the enterprise is to create sufficient resources at the initial stage - on the terms of simple reproduction, at the second stage - on the terms of expanded reproduction. Key words: management, investment, reproduction, resource potential, agricultural enterprise.


2020 ◽  
Vol 2 (3) ◽  
pp. 129-132
Author(s):  
Musnaini Musnaini ◽  
Besse Wediawati ◽  
Zulfina Adriani ◽  
Rts Ratnawati ◽  
Dessy Elliyana

Usaha Mikro Kecil Menengah (UMKM) yang berada di Desa Koto rendah, Kecamatan Siulak, Kabupaten Kerinci adalah bentuk Kelompok Usaha Bersama (KUBE) dari ibu-ibu rumah tangga yang mempunyai usaha bisnis dalam kuliner, pembibitan, pengolahan hasil pertanian dan perkebunan sekitar yang mereka miliki maupun penduduk setempat. Kegiatan pengabdian ini adalah untuk meningkatkan pengetahuan dan keterampilan mengenai kemampuan untuk melakukan perencanaan bisnis (Business Plan). Selain itu, untuk memberikan peningkatan keterampilan dalam merencanakan bisnis menggunakan bisnis model. Metode yang akan digunakan untuk mencapai tujuan tersebut adalah dengan pelatihan dan pendampingan membuat rencana bisnis dalam lembar kerja bisnis model canvas.Kata Kunci : UMKM, KUBE Business PlanABSTRACTSmall and Medium Enterprises (MSMEs) located in Koto low Village, Siulak Sub-District, Kerinci Regency is a form of Joint Venture Group (KUBE) of housewives who have business ventures in culinary, nursery, processing of agricultural products and plantations. This devotional activity is to improve knowledge and skills regarding the ability to making a Business Plan. In addition, to provide improved skills in businesses plan using business models. The method that will be used to achieve that goal is by training and mentoring business plans in canvas model business worksheets.Kata Kunci : UMKM, KUBE Business Plan


2020 ◽  
pp. 004728162096699
Author(s):  
Zsuzsanna B. Palmer ◽  
Sushil K. Oswal ◽  
Rita Koris

The authors present the results of a study of a three-way international collaboration project among one Hungarian class and two classes from Michigan and Washington, respectively. This multifaceted study focused on business planning, web design, and accessibility with the aim of investigating the effect of accessibility instruction on the production of business plans and websites. The distinguishing feature of this study was its emphasis to orient the three student groups on disability and accessibility issues from the perspective of the critical social model of disability advanced by disability studies theorists. The researchers collected quantitative and qualitative pre/postproject survey data from their three classes. They combined this data with the text of student emails sent among the project teams and instructor notes about their teaching to arrive at conclusions about the effectiveness of the collaboration using a mixed-methods approach. The results from the data analyses revealed significant benefit of the client–provider relationships among the three classes and the accessibility instruction provided by the Washington class to the other two classes on the business plans and websites.


2021 ◽  
Vol 14 (4) ◽  
pp. 407-432
Author(s):  
Irina A. ASTRAKHANTSEVA ◽  
Irina N. KOYUPCHENKO ◽  
Aleksandra A. TERSKIKH

Subject. The article addresses the financial potential of the organization, investigates economic relations stemming from financial potential formation and prospects for its growth as a result of actions and initiatives of managerial staff. Objectives. The aim is to disclose the content of the rational approach in financial and analytical studies focused on expressing the analytical value of qualitative and quantitative determination of financial potential in the process of substantiating management decisions on achieving competitiveness and long-term efficiency of economic entity. Methods. The study rests on modern theories of capital structure, methods for developing financial strategy, solving multi-criteria economic problems, including ranking techniques, the graphical and analytical models. Results. We developed methodological recommendations for financial potential assessment, which include the indicators of strategic level of investment capital management based on the systems approach to the use of financial, strategic and investment analysis tools. Their application in practice will increase the informativeness of potential assessment. The findings have an applied focus aimed at professional competencies in the development of organizational and administrative documents that regulate the analysis and assessment of financial potential based on strategic goals. Conclusions. Along with the existing methods, the methodological recommendations form a subsystem of analytical support focused on the organization’s value and finance management. Their use in financial strategy formation enables to identify and study strategic alternatives of development, create financial sections of business plans, justify adjustments to the strategy and tactics of financial management.


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