Farming is a Business Too Farming and ranching is a life style choice for many people involved in agriculture. But it is also a business that must make money in order to be considered sustainable. Planning, marketing, understanding customer needs, and training staff are all activities farmers and ranchers must do throughout the year. This AgChat conversation looks at the business side of agriculture.
- How would you define business management? or, farm business management? What comes to mind?
- How important is business management to your farm? Could you provide a specific example?
- Where do you go for information on business planning for your farm operation?
- How important do you feel it is to have a business plan for your farm/agri-business? Why?
- What kind of business structure is your farming/agribiz operation (sole, partner, corp, etc)? Why does it work for you?
- Are you currently undergoing succession planning? Have you implemented a succession plan? Your plan’s status?
- Where do you start with farm management as a new farmer?
- How do you mitigate/overcome risk in agriculture?
- What’s your best business management advice to fellow farmers?
- What could we(orgs, educators, govnt, etc) do better 2 provide you with info &tools to help manage your business?
- What actionable items do you take from tonight’s chat? (you’ve probably seen this one before
