COMPARING FARM PERFORMANCE THE WAY TO HIGHER PROFITS

摘要

MANY Australian businesses adopt world's best practice, ISO9000 or ISO9002 and other practices that enable them to compete in Australia and overseas. Unfortunately, many in farming do not compare their businesses with other farms, But this is the wayto increase profits. A number of factors determine the profitability of farming and grazing enterprises. These include yield for farming enterprises and stocking rate for grazing enterprises, The successful businesses are able to manage their business to achieve profitability by utilising economies of scale.