制定企业预算：记录保存和基准测试的重要性.pdf

1、CREATING AN CREATING AN ENTERPRISE BUDGETENTERPRISE BUDGETTHE IMPORTANCE OF RECORD THE IMPORTANCE OF RECORD KEEPING AND BENCHMARKINGKEEPING AND BENCHMARKINGJessica Windh,Ph.D.Rangeland and Natural Resource EconomicsOBJECTIVES1.REVIEW ENTERPRISE BUDGETS2.ENTERPRISE BUDGETS FOR RECORD KEEPING AND FOR

2、RESEARCH3.BENCHMARKING WHY AND HOWWHAT IS AN ENTERPRISE BUDGET?Enterprise:A single crop or livestock commodity on a farm Feeder lambs,fat lambs,seed stock,alfalfa,etcEnterprises are the building blocks of the whole farm planEnterprise budget:An estimate of the costs,returns,and profit for a single c

3、ommodity on a farmMultiple enterprise budgets can then be compiled into a whole farm budgetWHY USE AN ENTERPRISE BUDGET?Budgets are forward lookingAllow the opportunity to test decisions out on paper firstEstimate both profitability and flexibilityEstimate annual costs,returns,and profits Per head P

4、er acreHOW ARE THEY USEFUL?HOW ARE THEY USEFUL?WHY USE AN ENTERPRISE BUDGET?An enterprise budget can help tell you Where you are(Situational analysis)Where youre going(Business proposition or action plan)How youre doing(Financial analysis)Specifically,they can help Evaluate options before committing

5、 resources Calculate potential returns on investment Determine breakeven yields and pricesREVENUE INCOME GROSS RECEIPTSOPERATING COSTS DIRECT COSTS VARIABLE COSTSOWNERSHIP COSTS FIXED COSTSTHE NARRATIVETHE NARRATIVEEspecially useful when using enterprise budgets for BENCHMARKING or RESEARCH purposes

6、 Explain the parameters of the enterprise being budgeted Animal numbers by type Lambing,weaning,&culling rates;percent death loss Feed inputs Machinery and equipment Buildings and improvementsManagement practices Production calendarREVENUECash and non-cash revenue(Income,Receipts)Projected yields Ba