Evaluation of economic performance of farms in Ukraine using the rise method

Abstract

Agricultural farms are important socio-economic basis for small business development in the countryside. In Ukraine nowadays, typical farmers can not compete with large agricultural enterprises by the quantity of products produced, although they are comparable quality-wise. One of the important shortcomings of these small farms is the low level of cooperation amongst them. Farms can’t provide sufficient technical and technological services for production, and therefore, voluntary cooperation and partnership with other farmers is a good way to offset this shortcoming. The goal of the research is to identify the problem sectors of these farms and formulate recommendations to overcome them. The purpose of this article was to determine the efficient strategy of development of the farms particularly in the North-Eastern region of Ukraine namely Sumy, Kharkiv and Poltava.