Aquaculture Economics and Financing: Management and Analysis / Edition 1

by Carole R. Engle

Overview

Aquaculture Economics and Financing

Aquaculture Economics and Financing: Management and Analysis 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 manage cash flows and analyze 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.

Key Features:

• Provides a practical and comprehensive understanding of aquaculture economics and financing
• Discusses key issues in business plan development; marketing; monitoring financial performance; and managing cash flow, assets, and business risk
• Features examples of practical application in each chapter
• Includes an annotated bibliography and webliography detailing key resources and software products available for economic and financial analyses

Also of Interest:

Bioeconomics of Fisheries Management
Lee G. Anderson and Juan Carlos Seijo
ISBN: 9780813817323

Statistics for Aquaculture
Ram C. Bhujel
ISBN: 9780813815879

Product Details

ISBN-13:	9780813813011
Publisher:	Wiley
Publication date:	09/14/2010
Pages:	272
Product dimensions:	7.40(w) x 9.60(h) x 0.50(d)

About the Author

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.

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Table of Contents

Preface ix

Acknowledgments xi

I Managing Aquaculture Businesses 1

1 Starting an Aquaculture Business 3

2 Marketing Aquaculture Products 13

3 Developing a Business Plan for Aquaculture 23

4 Monitoring Economic and Financial Performance of Aquaculture Businesses 41

5 Financing an Aquaculture Business 57

6 Managing Cash Flow 67

7 Managing Capital Assets in Aquaculture Businesses 81

8 Managing Risk in Aquaculture Businesses 93

9 Managing Labor 105

II Economic and Financial Analysis of Aquaculture Businesses 115

10 The Enterprise Budget and Partial Budgeting in Aquaculture 117

11 Financial Statements: Balance Sheet and Income Statement in Aquaculture 131

12 Cash Flow Analyses in Aquaculture 143

13 Investment Analysis (Capital Budgeting) in Aquaculture 159

14 Lending in Aquaculture 173

III Research Techniques to Analyze Farm-Level Decision-Making 183

15 Use and Misuse of Enterprise and Partial Budgets 185

16 Risk Analysis in Production Aquaculture Research 197

17 Whole-Farm Modeling of Aquaculture 207

18 Managing Government Policies and Regulation in Aquaculture Businesses 219

Bibliography 231

Webliography 235

Glossary 241

Index 255

What People are Saying About This

From the Publisher

"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)