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Success/Failure Analysis
Success/Failure Analysis
Understanding the factors behind the success or failure of a value-added agricultural business is important. The difference between success and failure has more than financial implications. It can also have a substantial psychological impact on its founders, members and investors. So understanding the reasons for success or failure can be of great benefit to anyone involved in starting and operating a value-added business.
The reasons why some value-added businesses succeed and others fail are numerous and varied. However, it is possible to identify some of the common reasons why businesses succeed or fail.
Farmer-owned Processing Business Success Factors
provides the results of a thorough investigation into common success factors for several agricultural processing businesses.
A personal reflection of experiences by a university value-added specialist is outlined in
What I’ve Learned about Value Added Agriculture
.
Romance vs. reality: Hard lessons learned in a grass-fed beef marketing cooperative
provides useful insights into the pitfalls and opportunities of a direct marketing specialty beef venture.
More information on why businesses succeed or fail is provided in the box at the right.
More Information
Success/Failure
Business Examples
See Also
Business Expansion
Mergers and Acquisitions
Strategy
Value-added Farm Business Strategy
Competition
Competitive Advantage
Industry Analysis
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