Building a Sustainable Business: A Guide to Developing a Business Plan for Farms and Rural Businesses

by Minnesota Institute for Sustainable Agri

Innovative farmers and ranchers know that alternative crops and value-added products give them an edge in the marketplace. Effective planning is crucial to the long-term profitability of any new venture. Building a Sustainable Business brings the business planning process alive to help alternative and sustainable agriculture entrepreneurs transform farm-grown inspiration into profitable enterprises. The step-by-step strategies help you develop a detailed, lender-ready business plan or map out ways to take advantage of new opportunities, such Organic farming Agri-tourism On-farm processing Alternative crops Direct marketing Adding value Much more than a planning document, Building a Sustainable Business follows dairy farmers Dave and Florence Minar through a major transition on their Minnesota farm. The Minars' experiences and excerpts from their sample worksheets lend a real-life perspective, illustrating how they and five other farm families set goals, researched alternatives, determined potential markets and evaluated financing options. Blank worksheets in the book help you create and organize your own plan. Your business plan will demonstrate that you have fully researched your idea, mapped out production and marketing strategies, and that you know how to sell your product.

Genres: Agriculture, Gardening

Paperback

First published January 1, 2003

Reviews

[Logan Streondj · Rating 4 out of 5]

It's geared for existing farm owner operators with large operations who want to either expand or modify their farm business. It suggests a large amount of paperwork to do. Overall I guess it's an alright book, though it seems to skip industry analysis, it does most other things one would expect of a business plan. However I feel if someone was to follow this they would be doing a lot of paperwork and may like lose track of what goes where. I think something a bit more constrained and lean in terms of business plan may help to make it more accessible.