1. Examine the core farm business
Before committing to a new project, consider if there is a way of developing the farm business meaning diversification isn’t totally necessary at the current time.
Have you taken the time to look in-depth at the performance of the farm on an enterprise-by-enterprise basis? Have you looked at how you compare to other similar businesses in your area or with those who are running a similar system to you?
Visit The Business Barn to continue reading this article >>>
2. Carry out research
If you’ve decided diversifying is the right decision, spend time doing your research. The weeks, months and even years spent understanding the market, demand and interest in your business idea is time well spent even if it sets your intentional start date back.
Start by doing some desktop research, Google is a fantastic tool for this. Attend relevant events and shows and speak to others who are already doing something similar.
Access the list of free resources here and view the next steps >>>
Before committing to a new project, consider if there is a way of developing the farm business meaning diversification isn’t totally necessary at the current time.
Have you taken the time to look in-depth at the performance of the farm on an enterprise-by-enterprise basis? Have you looked at how you compare to other similar businesses in your area or with those who are running a similar system to you?
Visit The Business Barn to continue reading this article >>>
2. Carry out research
If you’ve decided diversifying is the right decision, spend time doing your research. The weeks, months and even years spent understanding the market, demand and interest in your business idea is time well spent even if it sets your intentional start date back.
Start by doing some desktop research, Google is a fantastic tool for this. Attend relevant events and shows and speak to others who are already doing something similar.
Access the list of free resources here and view the next steps >>>