| Preface | CLICK FOR EXCERPT |
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| Introduction | CLICK FOR EXCERPT |
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| Chapter I | The Need CLICK FOR EXCERPT |
Agricultural Credit Policy Changes
Agriculture’s Profit Track
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| Chapter II | Business Forecasting and Control |
Evolution of the Ferguson system
Resource Analysis Management
Management By Objective
Budget Development and control
Resource Strategy And Economics Plan
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| Chapter III | Accounting in Agriculture
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Inconsistent and Contradictory Terminology
Balance Sheets
Income Statements
Modified Value Balance Sheets
Hybrid Balance Sheets
What Is Profit?
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| Chapter IV | Financial Documentation
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Balance Sheet Structure
Basic Formats for Balance Sheets
Operating Statements
Cash Flow Statements
Loan Documentation Requirements
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| Chapter V | Fourteen Signals of Financial Health
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| Chapter VI | Calculating Ratio & Index Guideline Adjustments |
Guidelines for Specific Farms and Ranches
Adjusting for Interest Expense Index Varying from 16% Guideline
Enterprise Analysis Index Adjustments
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| Chapter VII | Thirty-Six Ferguson System Financial Ratios and Indices |
Ratio and Index Examples
Key Points
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| Chapter VIII | Case Analyses |
Actual Cases #1-9
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| Chapter IX | Eight Fatal Flaws Leading To Problem Debt
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| Chapter X | Farmland Purchase Economics |
Purchasing Farmland Can Be Financially Disastrous
Owning Versus Renting Cash Flow Requirements
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| Chapter XI | Capital Development |
Winning With Lenders
What Is Negotiable?
Investor Capital
Combining Both Lender And Investor Capital
Seeking Lender Financing
Presentations To Potential Investors
Funding...One-Third Of The Total Challenge
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| Chapter XII | Management Stardom’s Five Points
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Maintaining The Correct Internal Business Structure
Eliminating Price Risk
Maintaining Efficient Operations
Using Effective People
Using Professional Counsel
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