Financial Analysis In The Irish Farming Industry Its Uses And Its Usefulness

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Chapter 4: Research MethodologY

Chapter 4: Research Methodology

4.1 Introduction

In Chapter Two, the literature review of evidence relating to the use of financial analysis in the farming industry identified an inconsistency, in comparison to its use in a typical business of similar size. Chapter Three examined the nature of the industry, citing the relative stability of output and the market environment as possible reasons for the variation in the use of financial analysis. It also discussed some of the complex areas of cost and revenue projections. The changing nature of the industry was then discussed; it is hypothesised that this will make further financial analysis a requirement in the future.

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