Estimating the profitability of your non-timber forestland enterprise
The purpose of this publication is to introduce the landowner to the financial concepts necessary to properly evaluate alternative forestry enterprises. This publication emphasizes the financial benefits and costs. However, landowners often undertake projects for a variety of reasons other than fin...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
The University of Florida George A. Smathers Libraries
1989-11-01
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| Series: | EDIS |
| Subjects: | |
| Online Access: | https://journals.flvc.org/edis/article/view/139375 |
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| Summary: | The purpose of this publication is to introduce the landowner to the financial concepts necessary to properly evaluate alternative forestry enterprises. This publication emphasizes the financial benefits and costs. However, landowners often undertake projects for a variety of reasons other than financial return. These nonmarket objectives, such as management for recreation, nongame wildlife habitat, aesthetics, or soil conservation can also be included in an analysis. Although the concepts are very similar; placing values
on these benefits and costs can be a time-consuming task. A variety of natural resource economic texts provide detailed methods for valuing non-market goods and services.
After an introduction of the general steps involved in financial analysis a number of detailed examples will be examined. The costs and returns for the investments in the examples represent rough averages. The costs and revenues for a potential enterprise should be researched and estimated by the landowner and/or a professional.
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| ISSN: | 2576-0009 |