Entrepreneurship of a Family Farm

Course emphasizes the qualifications of family farm owner to evaluate the business effect or entrepreneurial potential of the family farm. The key topics are: how to choose the type of production or product portfolio (simulation: Agriculture allows running of a farm throughout the year, and it is primarily intended for those who do not have a lot of knowledge and experience in agriculture); how to improve business operations (simulation: The Leverage Game demonstrates the influence of financing on growth of an agricultural farm in an uncertain environment.); family farm financial analysis according to FDIN methodology, with use of the OMEGA program.

Course is based on examples from practice, and for the final assignment students have to explain the arguments behind their choice of type of agricultural production or portfolio of different types of production as the foundation of operations of a family farm (imaginary or real).