This book provides a detailed and specific set of guidelines for using economic and financial analysis in aquaculture production. By discussing key issues such as how to finance and plan new aquaculture business, how to monitor and evaluate economic performance, and how to manage capital, labor, and business risk, the book equips aquaculture professionals, researchers, and students with important information applicable to a wide range of business decisions.
Chapters address each stage of developing an aquaculture business, including financing, marketing, and developing a business plan to managing cash flows and analyzing financial statements. Each chapter includes a detailed example of practical application taken from every-day experience. Written in straightforward terminology facilitating ready application, "Aquaculture Economics and Financing: Management and Analysis" is an essential tool for analyzing and improving financial performance of aquaculture operations.
Preface
Acknowledgments
I Managing Aquaculture Businesses
1 Starting an Aquaculture Business
2 Marketing Aquaculture Products
3 Developing a Business Plan for Aquaculture
4 Monitoring Economic and Financial Performance of Aquaculture Businesses
5 Financing an Aquaculture Business
6 Managing Cash Flow
7 Managing Capital Assets in Aquaculture Businesses
8 Managing Risk in Aquaculture Businesses
9 Managing Labor
II Economic and Financial Analysis of Aquaculture Businesses
10 The Enterprise Budget and Partial Budgeting in Aquaculture
11 Financial Statements: Balance Sheet and Income Statement in Aquaculture
12 Cash Flow Analyses in Aquaculture
13 Investment Analysis (Capital Budgeting) in Aquaculture
14 Lending in Aquaculture
III Research Techniques to Analyze Farm-Level Decision-Making
15 Use and Misuse of Enterprise and Partial Budgets
16 Risk Analysis in Production Aquaculture Research
17 Whole-Farm Modeling of Aquaculture
18 Managing Government Policies and Regulation in Aquaculture Businesses
Bibliography
Webliography
Glossary
Index
Carole R. Engle, Ph.D. is Professor, Director of the Aquaculture/Fisheries Center and Chairperson of the Department of Aquaculture and Fisheries at the University of Arkansas at Pine Bluff. She has more than 30 years of experience in the analysis of economics and marketing issues related to aquaculture. She has worked in 20 different countries in all major world regions. She continues to teach an undergraduate and a graduate course in Aquaculture Economics in addition to research and extension responsibilities in the same area. She is past-President of the International Association of Aquaculture Economics and Management and of the U.S. Aquaculture Society, a Chapter of the World Aquaculture Society, recipient of the Researcher of the Year Award from the Catfish Farmers of America and service award from the Catfish Farmers of Arkansas, and two-time recipient of the Joseph P. McCraren Award from the National Aquaculture Association.
Applying the theory and methods of economic and financial analysis to aquaculture, Engle (aquaculture and fisheries, U. of Arkansas-Pine Bluff) offers a detailed and practical guide both for people running fish farms and researchers analyzing their economics and finances
- Book News Inc, November 2010