Farm Choice a Corny Problem an Investment Case Study

Total Length: 560 words ( 2 double-spaced pages)

Total Sources: 2

Page 1 of 2

Farm Choice

A Corny Problem

An investment banker yearning for a more relaxed atmosphere than the bustling and densely populated cities of New York and Hong Kong might very well be advised to move to the country, especially with the handsome sum of $800,000 at her disposal (and $800,000 has much greater purchasing power in the American Midwest than in either of these cities, too). Whether or not it is actually advisable to spend all of that money on the purchase of eight cares of farmland in order to pursue brand new career as a corn farmer, a field (literally) in which she has no experience or education, with the idea of becoming rich from the ethanol boom, is a different question altogether. The advice of colleagues is encouraging, citing many reasons why this is an immensely profitable and otherwise enjoyable decision, yet as the following paragraphs will show this advance is bad for several reasons.

Stuck Writing Your "Farm Choice a Corny Problem an Investment" Case Study?



First and foremost, the embarking on any business venture without adequate knowledge and preparation is foolish, and something like a farm -- which requires a tremendous amount of expertise and pure physical labor to produce anything sellable -- is that much more demanding of budding entrepreneurs. Though the demand for corn is expected to increase with the new government-mandated increase in ethanol production and use, there is no guarantee that this new venture will even be able to bring anything to market for the first year or tow of operation, or that the market demand will actually be enough to make whatever can be produced truly worthwhile in terms of profitability. Various fixed (equipment, property taxes) and variable (labor, water) costs will be significant,….....

Show More ⇣


     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Farm Choice A Corny Problem An Investment" (2011, December 24) Retrieved May 21, 2025, from
https://www.aceyourpaper.com/essays/farm-choice-corny-problem-investment-74859

Latest MLA Format (8th edition)

Copy Reference
"Farm Choice A Corny Problem An Investment" 24 December 2011. Web.21 May. 2025. <
https://www.aceyourpaper.com/essays/farm-choice-corny-problem-investment-74859>

Latest Chicago Format (16th edition)

Copy Reference
"Farm Choice A Corny Problem An Investment", 24 December 2011, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/farm-choice-corny-problem-investment-74859