Home > XIVth International Symposium on Horticultural Economics > HOW BIG MUST A NURSERY FIRM BE TO PRODUCE A REASONABLE FAMILY INCOME?

Articles

HOW BIG MUST A NURSERY FIRM BE TO PRODUCE A REASONABLE FAMILY INCOME?

Article number

536_25

Pages

223 – 230

Language

Abstract

This paper outlines the essential financial tools for starting a full time family run nursery firm in the USA. It then uses United States Department of Agriculture financial data on nurseries and farm size and performance to estimate how big the firm must be to obtain a preselected annual family salary.
Firm size is expressed in assets and sales and these and other key statistics are used in financial ratios to calculate what is required to produce a $50,000 salary, assuming an equal allocation of net income into its three components.

Publication

XIVth International Symposium on Horticultural Economics

Authors

P.J. van Blokland, M. Wang, J.J. Haydu, A.W. Hodges

Keywords

Agribusiness firm, financial analysis, assets, equity, principal, net income, reinvestment, net firm income, sales, family salary

Full text

https://doi.org/10.17660/ActaHortic.2000.536.25

Online Articles (81)

2. A REVIEW OF ORGANIC HORTICULTURAL AND AGRICULTURE IN THE U.S.

Robin G. Brumfield

3. POLICIES TO REDUCE ENERGY USE AND EMISSIONS IN BELGIAN GLASSHOUSE HORTICULTURE

K. Carels | D. Van Lierde

4. FINANCIAL PROSPECTS FOR SUSTAINABLE FARMING IN THE NETHERLANDS

O. Hietbrink | H.B. van der Veen

5. ECONOMICS OF APPLE PRODUCTION SYSTEMS WITH MINIMAL INPUT OF CHEMICALS

M.J. Groot

6. HIGH QUALITY, COST EFFECTIVE PRODUCTION OF DIVERSE HORTICULTURAL CROPS GROWN ORGANICALLY: AN INDIVIDUAL CASE STUDY IN NORTHWEST MISSOURI, U.S.A.

A. Larson | A. Ching | F. Messner | H. Messner

7. GREEN ENERGY TAXES AND DANISH GREENHOUSE HORTICULTURE

Henrik B. Pedersen

8. ENVIRONMENTAL AND QUALITY MANAGEMENT ON BELGIAN GLASSHOUSE HOLDINGS

N. Taragola | D. Lierde | G. Huylenbroeck

9. SUSTAINABLE FARM POLICY IN THE REPUBLIC OF KOREA WITH SPECIAL REFERENCE TO RICE, VEGETABLE AND APPLE PRODUCTION

J. Kim

10. ECONOMICS OF ORGANIC WASTE COMPOST UTILIZATION IN A COMMERCIAL TOMATO PRODUCTION SYSTEM

S. D. Thornsbury | Peter J. Stoffella | Tara M. Minton

11. DEVELOPMENT OF HACCP BASED QUALITY MANAGEMENT SYSTEMS IN ORNAMENTAL HORTICULTURAL PRODUCTION

T.J. Briercliffe

12. CRITICAL EVALUATION OF HORTICULTURAL GRADING SYSTEMS BY QUANTITATIVE IMAGING TECHNIQUES

H. Coppenolle | E. Schrevens

13. BUSINESS EXCELLENCE: ESTABLISHING THE COST AND BENEFITS OF QUALITY MANAGEMENT BY SOFTWARE TOOLS

M. Dillon | J.P. Ogier | S. Hannah | M. Thompson

14. BRITISH ORNAMENTAL PLANT PRODUCERS – THE BBPA ACCREDITATION SCHEME

A. Eames

15. MANAGING THE QUALITY CHAIN IN CITRUS FRUIT INDUSTRY: A CASE STUDY IN ÇUKUROVA REGION OF TURKEY

H. Güngör | G. Güngör

16. STRATEGIC DEVELOPMENT THROUGH QUALITY AND BUSINESS MANAGEMENT EXCELLENCE – A CASE STUDY FOR 21^st CENTURY SYSTEM DEVELOPMENT

J.P. Ogier | M. Dillon

17. BUILDING THE MISSING LINK: ASSESSING ECONOMIC BENEFIT FOR QUALITY ASSURANCE IN THE WHOLESALE MARKET

J. Ogier | M. Dillon | M. Thompson | L. Cullen | J. Cox

18. DEVELOPMENT OF QUALITY ASSURANCE AND SAFE FOOD PRODUCTION: A PILOT PROJECT WITH WITLOOF CHICORY GROWERS

H.B. Schoorlemmer | A. Jukema

19. INTEGRATED QUALITY MANAGEMENT IN FRUIT GROWING (1999–2000)

M. van Lith | M.J. Groot

20. THE COSTS OF QUALITY PRODUCTION IN HORTICULTURE

I. Uetrecht

21. IDENTIFICATION OF CRITICAL SUCCESS FACTORS IN GERMAN FRUIT-GROWING FARMS

M. Görgens | W. Bokelmann

22. TOKYO METROPOLITAN CENTRAL WHOLESALE MARKET [OTA MARKET] “FUJI” APPLE’S STANDARD AND PROBLEMS

Y. Noma | S. Tsukagoshi | Y. Sunohara

23. DEVELOPMENT OF FARMING PRACTICES FOR SOME MAJOR VEGETABLE CROPS IN EGYPT: SOCIO-ECONOMIC EVALUATION

A.I. Abdou

24. SOCIO-ECONOMIC EVOLUTION OF HORTICULTURAL FARMS IN ANDALUSIA SINCE 1991

C.R. García Alonso | J.M. Martín Lozano | P.P. Pérez Hernández

25. GLASSHOUSE OF THE FUTURE

26. HOW BIG MUST A NURSERY FIRM BE TO PRODUCE A REASONABLE FAMILY INCOME?

P.J. van Blokland | M. Wang | J.J. Haydu | A.W. Hodges

27. INCENTIVES TO INNOVATION AND STRATEGIC CHANGE: AN ANALYSIS OF DUTCH HORTICULTURE AND ARABLE FARMING

J. Bremmer | W.H.M. Baltussen | R.B.M. Huirne

28. TRADE OF THE HUNGARIAN FARMS

A. Burger | C. Kovács

29. PLASTIC MULCHING FOR WEED CONTROL AND WATER ECONOMY IN VINEYARDS

A. Hegazi

30. ECONOMIC IMPACT OF FLORIDA’S ENVIRONMENTAL HORTICULTURE INDUSTRY

Alan W. Hodges | John J. Haydu

31. POTATO PRODUCTION SYSTEM IN BANGLADESH: RESOURCE USE, PRODUCTIVITY, EFFICIENCY AND COMPARATIVE PROFITABILITY OF TRUE POTATO SEED TECHNOLOGY OVER TRADITIONAL TUBER TECHNOLOGY

S.M. Fakhrul Islam | Md. Mazharul Anwar | B. Manos

32. THE INVESTMENT ANALYSIS OF CEA HVDROPOXIC SYSTEM GROWING BOSTON LETTUCE

G. Ilaslan | R.W. Langhans | G.B. White

33. TECHNICAL AND ECONOMICAL DYNAMICS OF INNOVATIONS IN BELGIAN AZALEA PRODUCTION

D. Van Lierde

34. ECONOMIC AND TECHNICAL CONSIDERATIONS OF SMALL SCALE MICRO GAS TURBINES ON UK HORTICULTURE AND THEIR ROLE IN QUALITY MANAGEMENT

A. Marchant | M. Langan | J. Ogier

35. HORTICULTURAL FAMILY FARMS PROFITABILITY

V. Par | M. Njavro

36. APPLIED TECHNOLOGIES IN APPLE PRODUCTION IN THE NORTH OF PORTUGAL: A MICROECONOMIC EVALUATION

J. Rebelo | A. Santos

37. RISK MANAGEMENT IN HORTICULTURAL FARMS OF HUNGARY

K. Szép | D. Sidlovits | A. Bálint | Cs. Kovács

38. THE FRUIT GROWERS’ PERCEPTION OF COMPETITIVE PERFORMANCE OF THE SLOVENE FRUIT GROWING INDUSTRY

K. Vadnal

39. MACRO- AND MICROPROPAGATION OF A CENTENARIAN CLONE OF QUERCUS ROBUR ‘FASTIGIATA’

M.I. Iglesias-Díaz | J.L. Fernández-Lorenzo | O. Gutiérrez-Araujo

40. BENCHMARKING VIA INTERNET FOR TOMATO GROWERS

J. Larsson

41. MICROPROPAGATION OF A SELECTED ROOTSTOCK OF ACER PALMATUM

J.L. Fernández-Lorenzo | M.I. Iglesias-Díaz | O. Gutiérrez-Araujo

42. KEY STUDY ON VEGETABLE PRODUCTION IN THE DISTRICT OF GIA LAM, HA NOI CITY, VIETNAM

B. Gia | W. Bokelmann

43. POSTHARVEST COMPARATIVE STUDY OF TWO CULTIVARS OF SAPODILLA (MANILKARA ZAPOTE L.) FRUITS

A. Guadarrama | V. Ortiz

44. BEARING POTENTIAL OF STANDARD AND SELECTED POZEGACA

T. Milosevic

45. STATE AND PROSPECTS OF HORTICULTURE IN ROMANIA

M. Rusu

46. IMPROVED PRODUCTION OF NURSERY STOCK OF TAXUS BACCATA L. THROUGH MANAGEMENT OF THE ARBUSCULAR MYCORRHIZAL SYMBIOSIS

M.J. Sainz | I. Iglesias | C. Pintos | J.P. Mansilla | A. Vilariño

47. YIELD AND QUALITY OF CHERRY TOMATO FRUITS IN A SOILLESS SYSTEM DURING TWO CROP SEASONS

M.C. Salas | A. González | M. Urrestarazu | G. Carrasco

48. APPLIED SPICE PAPRIKA (CAPSICUM ANNUUM L. VAR. LONGUM) GROWING TECHNOLOGIES AND PROCESSING IN HUNGARY

N. Somogyi | M. Pék | A. Mihály

49. AN ANALYSIS OF THE ECONOMIC DIMENSIONS OF THE GREENHOUSE INDUSTRY IN NEW YORK, UNITED STATES

W. Uva

50. RECOMMANDATION ON BASIS OF RESEARCH, A METHOD FOR A STANDARD APPROACH

E. van Rijssel | C. Ploeger

51. DEVELOPMENT CONSTRAINTS ANALYSIS FOR GENDER GROWING GREENHOUSE VEGETABLES IN ANTALYA, TURKEY

B. Ozkan

52. WOMEN’S ROLE IN THE VEGETABLE FARMING SYSTEMS IN ANTALYA, TURKEY: A GENDER ANALYSIS OF LABOUR PARTICIPATION AND DECISION-MAKING IN THE AGRICULTURAL SECTOR

B. Ozkan | D. Ediz | V. Ceyhan | P. Goldey

53. A CONCEPT OF MODERN ENTREPRENEURSHIP IN DUTCH HORTICULTURE

M. van der Schilden | C.H.A. Verhaar

54. LABOUR ORGANISATION IN DUTCH THERAPHY AGRICULTURE

M. van der Schilden | A. Vink

55. EMPLOYEES AS A STRATEGIC ASSET FOR AGRICULTURAL PRODUTION

K. Verhaar

56. TRUST: A DETERMINANT OR THE CONSEQUENCE OF A LONG-TERM BUYER-SELLER RELATIONSHIP?

Peter J. Batt

57. CAUSES OF VARIATION IN THE PRICE OF ROSES

J. Benninga

58. MARKETING FEATURES OF ORNAMENTALS AS APPRECIATED BY THE MARKET

J. Benninga | D. Reymann

59. HYPERCOMPETITION ON HORTICULTURAL MARKETS

L. Axelson | J. Axelson

60. THE VARIABILITY OF AGRO FOOD PRODUCT CONSUMER PRICES

F. Giametta

61. DEVELOPING MARKETS FOR “TURF” PRODUCERS IN THE EASTERN UNITED STATES

John J. Haydu | Alan W. Hodges | P.J. van Blokland

62. AN ANALYSIS OF THE IMPACT OF FOOD SAFETY CONCERNS ON FOOD CONSUMPTION

S.R. Henneberry | M.Q. Han

63. DIRECT SELLING APPLIED TO STRAWBERRY

D. Kovacic | A. Kolega | M. Radman

64. CONSUMER PERCEPTIONS OF SELECTED FLOWER PLANTS

E. H. Moore | B. K. Behe | A. Cameron

65. SEGMENTATION AND TARGET MARKETING IN A FLORAL MARKET

Peter P. Oppenheim

66. MANAGING A BRAND IN THE TOMATO SECTOR: AUTHORITY AND ENFORCEMENT MECHANISMS IN A COLLECTIVE ORGANIZATION

L. Sauvée

67. DUTCH FLOWER BUSINESS: COMPETITIVENESS AND MARKETING STRATEGIES

J. Wijnands | M. Hack

68. THE FRENCH PROJECT

V. Emzivat

69. MANAGING PROBLEMS ON THE IMPROVEMENT OF THE QUALITY CHAIN IN CITRUS FRUITS INDUSTRY: A CASE STUDY IN ÇUKUROVA REGION OF TURKEY

H. Güngör | G. Güngör

70. AN ECONOMIC APPROACH ON VEGETABLE PROCESSING INDUSTRY IN TURKEY: HOW CAN IT BE DEVELOPED?

H. Güngör | S.S. Eren | G. Güngör

71. STRATEGIES OF MARKETING OF A TRADITIONAL VEGETABLE PRODUCT: THE RED ONION IN TROPEA

G. Gulisano | D. Privitera

72. PREREQUISITES FOR VALUE ADDING PARTNERSHIPS BETWEEN TRADE AND PRODUCERS IN THE VEGETABLE-GROWING SECTOR

W. Bokelmann | W. Lentz

73. THE GENERAL STRUCTURE OF CUT FLOWERS MARKETING IN TURKEY AND THE ROLE OF AUCTIONS IN MARKETING FUNCTIONS

G. Güngör | H. Güngör

74. QUALITY FUNCTION DEPLOYMENT: A MEANS OF INTEGRATING CONSUMER EXPECTATIONS THROUGHOUT CULTIVATION SYSTEMS

U.R. Orth

75. KEY CHALLENGES FACING THE CHERRY SUPPLY CHAIN IN THE UK

U. Wermund | A. Fearne

76. STAKEHOLDER PERCEPTION ANALYSIS FOR AGRI-SUPPLY CHAIN DEVELOPMENT

J.S. Buurma | D.M. Boselie

77. LOGISTIC PLATFORMS FOR FRESH PRODUCE: THE CASE OF SAMAZAN

J.-C. Montigaud

78. CHAIN INFORMATION TO SUPPORT DUTCH SUPPLY CHAIN EFFECTIVENESS

E.H. Poot | P.A.R. Dekker | B. Jonkman | G.M. Splinter

79. SOFT SYSTEMS METHODOLOGIES FOR MODELING POSTHARVEST CHAINS

S.E. Prussia

80. CHAIN MANAGEMENT AND MARKETING PERFORMANCE IN FRUIT INDUSTRY

D. Ricks | T. Woods | J. Sterns

81. A PRACTICAL CHAIN MANAGEMENT SYSTEM IN THE DUTCH HORTICULTURE INDUSTRY

G.M. Splinter | P.A.R. Dekker | B. Jonkman | R.L.M. van Uffelen