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Research article2017Peer reviewedOpen access

Assessing the financial viability of the floricultural industry in Ghana

Donkor, Emmanuel; Owusu Sekyere, Enoch; Owusu, Victor; Saadu, Samira; Baidoo, Jacqueline; Yaw, Hennor Avame; Kwesi, Djamson Eric; Owusu Serbeh, Felix

Abstract

This study determines the financial viability of the floricultural industry in Ghana using both discounting and non-discounting investment appraisal methods. The feasibility analysis suggests that large-scale floricultural firms are more profitable particularly with the production of cut flowers. However, investors with limited capital can venture into small-scale production specifically cut flowers. The conclusion is that the floriculture industry is financially viable therefore investors are encouraged to expend their resources in the industry. We recommend that the government and stakeholders need to create institutional support to enable the already established firms to further develop and attract new investors in the sector.

Keywords

benefit-cost ratio; financial viability; floriculture; Ghana; profitability

Published in

Apstract, applied studies in agribusiness and commerce
2017, Volume: 11, number: 1-2, pages: 119-126

    UKÄ Subject classification

    Business Administration

    Publication identifier

    DOI: https://doi.org/10.19041/APSTRACT/2017/1-2/15

    Permanent link to this page (URI)

    https://res.slu.se/id/publ/123626