Value-Added Farm Business Strategy
Adding value-added enterprises to your farm business involves big changes in how you think about your farm and how you structure your farm business. Setting Personal, Family and Business Goals for Business Success will provide you with the destination you want to reach. External Scanning – Industry Analysis provides you with an outline for identifying opportunities for your business. Internal Scanning helps you identify strengths and weaknesses of your business. Farm Business Strategies provides examples of strategies typically used by value-added farm businesses. Growth Strategies by Type of Farm provides you with more detailed examples of farm business growth strategies. Designing the mix of enterprises on your farm and how each enterprise will compete in the marketplace is discussed in Portfolio Analysis and Enterprise Strategy.
More information on Value-added Farm Business Strategy and related topics is available in the boxes at the right.
Revised September, 2019.