What can I grow/raise on my farm that will make money?

Entrepreneurs & Their Communities April 04, 2007|Print
The question you have asked relates to risk and feasibility. Given optimal conditions, almost anything can be sold, so the questions you really need to ask yourself are: * How much money do I want to make? * How much experience do I have with this product? * Who would buy this product? * How much would they pay for it? * How much would it cost me to grow the product and get it to the customer? Traditional commodities have more established markets and customer bases. Value-added enterprises may have a limited market base and fewer customers. A value-added enterprise may be initiated on a smaller scale with fewer inputs than a traditional commodity. When you have the answers to these questions, you'll have an outline of the feasibility of making money from a product. There are many resources to help you develop answers to these questions. Click here for one of many resources: http://www.nrcs.usda.gov/technical/RESS/altenterprise/info_valueadded.pdf

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