Examine the role of a farm budget in decision-m... - JSS1 Agricultural science Farm Budgeting and Financial Management Question

A farm budget plays a crucial role in decision-making by:

   - Providing a clear overview of expected income and expenditure.

   - Serving as a basis for evaluating financial feasibility and identifying areas for improvement.

   - Offering insights for strategic decision-making regarding resource allocation.

   A well-prepared budget is an invaluable tool for farmers, guiding them in making informed decisions that contribute to the overall success of farming enterprises.