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Rights Statements InC/1.0 , Open Access
Report
Financial analysis principles and applications for private forest lands
Extension mimeo (Washington State University. Cooperative Extension), 030E, Washington State University Extension
05/2014
Handle:
https://hdl.handle.net/2376/6349
Abstract
There are many reasons for owning forestland. Some are financial, such as generating income from timber harvest or a real estate sale after long-term investment. Others are not financial, such as aesthetics, recreation, or wildlife habitat. Most forest landowners have reasons that fall into both categories. Whatever your ownership objectives may be, even if they are not primarily financially motivated, understanding basic financial principles as they apply to forestry will help you make informed decisions for sustainable management of your forest. The purpose of this manual is to introduce the basic principles of forest finance and provide examples of how these principles might be applied to the management of your property. Some advanced concepts are presented later in the manual in case you wish to go deeper into the subject matter. It is important to note that the goal of this financial analysis is not to maximize monetary profits from your forest, but instead to provide a “tool in the toolbox” for use along with other analysis tools that together consider the multiple benefits your forest provides, and will thus help you make informed decisions that meet your specific ownership objectives. In many cases you will find that such carefully planned management activities improve wildlife habitat, forest health, aesthetics, as well as the financial return from your forest.
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Details
- Title
- Financial analysis principles and applications for private forest lands
- Creators
- Kevin W. Zobrist (Author)
- Academic Unit
- Publications, WSU Extension
- Series
- Extension mimeo (Washington State University. Cooperative Extension); 030E
- Publisher
- Washington State University Extension; Pullman, Washington
- Identifiers
- 99900502935301842
- Copyright
- In copyright ; openAccess ; http://rightsstatements.org/vocab/InC/1.0/ ; http://purl.org/eprint/accessRights/OpenAccess
- Language
- English
- Resource Type
- Report