Final Points for Analysis
After completing a financial analysis of a farm, the decisions that need to be made are:
1. Do we continue the farm business largely as it is?
2. Do we make adjustments or changes in the farming business that will result in a higher net farm income in the future or solve other problems? This requires a more thorough analysis of the business.
3. Do we liquidate the business, invest the capital elsewhere, and seek off-farm work?