Module Information

Module Identifier
Module Title
Academic Year
Semester 2 (Taught over 2 semesters)
Other Staff

Course Delivery

Delivery Type Delivery length / details
Lecture 1 x 2 hour lecture per week
Practical 8 x 3 hour practicals


Assessment Type Assessment length / details Proportion
Semester Assessment Financial statement exercise  Outcomes assessed: 1, 2  20%
Semester Assessment Business development plan  Outcomes assessed: 1, 2, 3,4, 5  80%
Supplementary Assessment Re-submit revised business plan based on alternative data  100%

Learning Outcomes

On successful completion of this module, students should be able to:

Outcome 1
Preparation of a business plan

Outcome 2
Interpret and analyse a set of financial statements

Outcome 3
Prepare an Investment plan, including appraisal and selection of appropriate finance

Outcome 4
Recognise the functions and scope of UK taxation.

Outcome 5
Identify the merits of different business structures

Brief description

Business planning, decision making, taxation and investment appraisal are all essential aspects of management and necessary for successful business control. This module provides a comprehensive understanding of the concepts and principles involved in managing a business and incorporates analysing and solving business problems. In addition this module provides students with appraisal techniques essential for managers in planning and controlling the business.

Reading List

Barnard A and Nix J (1979) Farm planning and control CUP Primo search Norman and Coote The farm business Primo search Secrett M (1993) Mastering Spreadsheet Budgets and Forecasts - A Practical Guide Primo search Throup, G Making profits with dairy cows and quota Primo search Turner and Taylor Applied farm management Primo search Warren, M F (1998) Financial management for farmers 4th Blackwell Science Primo search Agra Europ CAP Monitor MAFF Farm incomes in the UK (published annually) Primo search Farm Business Survey (published annually) Primo search


This module is at CQFW Level 5