Event Date/Time: Aug 19, 2003
Forestry is more than trees - it is a business. To be successful, a manager must base business decisions on sound financial analysis in the evaluation of alternatives. The basic tools of financial analysis are not new, but their use in forestry enterprises requires special undestanding to avoid misapplication. Recent computerization of these tools can either increase the effectiveness of analysis or compound the misapplication. The income approach to forest valuation is stressed. These courses focus on the proper use of techniques for analyzing long-term forestry opportunities.