CHAPTER XVI 

 FARM MANAGEMENT 



316. What is Farm Management. It is not sufficient 

 that a farmer raise large crops or fine animals, or that 

 his farm appear attractive. He must so organize his busi- 

 ness into a single unit that it will pay as a whole. He must 

 see that his personal and household expenses do not exceed 

 his net income. He must have a sufficient knowledge of 

 business dealings so that he can conduct his transactions 

 in a business-like way. The study of this class of questions 

 is called farm management. Some of the details that 

 each prospective farmer must consider are: 



With my capital and personal qualifications, where 

 shall I locate? 



What type of farming shall I take up? 



Shall I buy or rent? 



To what extent may I safely borrow? 



What farm shall I choose? 



How shall I arrange the fields, buildings and fences? 



What system of farming shall I follow? 



What stock and equipment shall I buy, and how much 

 will they cost? 



How shall I secure labor and how manage it? 



What records and accounts shall I keep? 



What shall I sell and where and how shall I sell it? 



What income may I expect? 



How will this compare with other occupations? 



(372) 



