Turnip Tom Case Study

Decent Essays

Starting one’s own business can be a risky endeavor for any investor. Furthermore, quitting a job that provides a livelihood makes this venture a very high risk proposition and the owner of Turnip Tom’s Incorporated was more than willing. In this case, one must wonder if owning an organic farm could be profitable. Additionally, there is major competition from organic farmers and organizations who own multiple large acreage tracks of land and make it extremely complicated for a small farmer like Turnip Tom competitive. Consequently, the income and expense statement provided show that there are some key problems with the computer programmer’s decision to quit his job and invest in his own organic farm. Therefore, I would say that Tom

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