Agronomy journal, Vol. 70 No. 1, 2008.
Review article
ECONOMIC EVALUATION OF BUSINESS DEVELOPMENT OF FAMILY FARM CASE STUDY
Iskra Radinović
Zoran Grgić
; Agronomski fakultet Sveučilišta u Zagrebu, Zagreb, Hrvatska
Abstract
A long term strategic orientation of the Republic of Croatia is to plant vineyards and secure wine production sufficient for domestic needs at the least, as well as the development of agrotourism in rural areas, first of all coastal and near coastal areas, especially where viticulture has been developed and where the influence of tourism is great. Using the case study method, this work attempts to prove the profitability of engaging in viticulture and wine production, and what effects can be expected from providing tourist services on a farm. Owners of a family farm in a small village in Dalmatinska zagora /Dalmatian hinterland/, some 20 km from Omiš, are renovating their inherited estate, grow vine and produce wine and intend to engage in agrotourism. The farm was intended to have greater capacity but this couldn’t be realized. The active household members work at the family farm, and their socio-professional activity has changed. In order do create an economically sustainable farm, further investment in the completion of unfinished facilities is needed. From a development perspective, a possible approach to the process of development of the family farm is business partnership with those who will invest, work on or use all the farm’s goods.
Keywords
family farm; economy; development; wine production; agrotourism
Hrčak ID:
26602
URI
Publication date:
15.3.2008.
Visits: 4.258 *