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Starting a New Agricultural Business
Research to do and questions to ask before starting a new agricultural business.
Contents
Define your Farm Business Goals and Objectives
Researching your new agricultural business
Primary and secondary information
Internet searches
Laws and regulations for your product or service
Registration and Licensing
Amount of work to produce a product
Cost to raise or produce a product
Financing an operation
Marketing strategies
Define your Farm Business Goals and Objectives
Each farm business is different. Before you jump in take a few minutes to define your goals. This will help you refine your business concept. It is also essential to help you communicate with service providers like the bank and extension.
It is often helpful to think about your goals in terms of the ‘triple bottom line’: people, profit and planet. READ MORE
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