Selection, assessment and purchase of power sources and implements

This course offers comprehensive guidance on establishing and managing a successful hire service business for agricultural equipment and draught animals. It covers the importance of planning the purchasing process and outlines the steps involved. The course teaches criteria for selecting tractors, implements, and draught animals, as well as factors affecting their efficiency. It also explores financial aspects, including fixed and variable costs, cash flow analysis, loan appraisals, and repayment methods. Finally, it provides key considerations to keep in mind during the purchase process.