Business Development Process

Creating a viable value-added agriculture business involves finding an idea or opportunity in the marketplace and then building a viable business to take advantage of the opportunity. This requires going through a process or series of steps. Although this is not a hard and fast process, there are steps that you need to take – and you need to take them in order.

For more information on this topic, see the links listed below of articles posted on related Web sites.

Idea Assessment / Business Development Process provides a series of five steps and a process for assessing a business idea, deciding if a viable business can be developed from the idea and creating a business if it is deemed viable. After you have a general understanding of the process and the steps you need to go through, Getting from Idea to Implementation provides a more detailed listing of points to consider in the development process. 

Understanding the difference between Business Development and Economic Development helps define your role as a business developer.

 

Revised December, 2019.