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Meeting the challenge of establishing commercial mohair enterprises by building an interactive enterprise management and financial model

Chaffey, S. J. and McGregor, B. A. 2009, Meeting the challenge of establishing commercial mohair enterprises by building an interactive enterprise management and financial model, Tropical and subtropical agroecosystems, vol. 11, no. 1, pp. 141-144.

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Title Meeting the challenge of establishing commercial mohair enterprises by building an interactive enterprise management and financial model
Author(s) Chaffey, S. J.
McGregor, B. A.
Journal name Tropical and subtropical agroecosystems
Volume number 11
Issue number 1
Start page 141
End page 144
Total pages 4
Publisher Universidad Autonoma de Yucatan, Facultad de Medicina Veterinaria y Zootecnia
Place of publication Itzimna, Mexico
Publication date 2009
ISSN 1870-0462
Summary To assist in attracting investors into mohair production in Australia, a production and financial model was built as a learning and support tool. The work aimed to reduce search time and thinking costs about the impact of management strategies on financial feasibility. Various management strategies and assumptions applied to a case study with 300 breeding Angora does and eight variations. The results showed an internal rate of return for mohair ranging from 9.3% to 21.2% over 12 years, a median gross margin per effective hectare ranging from $82 to $167, cash at bank in year 12 ranging from $8,700 to $56,800 and net enterprise assets ranging from $69,900 to $155,700. A key benefit of the model was its ability to allow new farmers to explore potential management strategies and their assumptions about a future enterprise before investing.
Language eng
Field of Research 150399 Business and Management not elsewhere classified
Socio Economic Objective 830304 Goats
HERDC Research category C1.1 Refereed article in a scholarly journal
ERA Research output type C Journal article
HERDC collection year 2009
Copyright notice ©2009, Universidad Autonoma de Yucatan
Persistent URL http://hdl.handle.net/10536/DRO/DU:30026187

Document type: Journal Article
Collections: Centre for Material and Fibre Innovation
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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.