starting a farm business insights and observations n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Starting a Farm Business Insights and Observations PowerPoint Presentation
Download Presentation
Starting a Farm Business Insights and Observations

Loading in 2 Seconds...

play fullscreen
1 / 7

Starting a Farm Business Insights and Observations - PowerPoint PPT Presentation


  • 102 Views
  • Uploaded on

Starting a Farm Business Insights and Observations. K & M Farms. Google: New Farm Start-up Guide BC. 5 Traits of Successful Farmers. Passion Marketing Ingenuity, Creativity and Adaptability Perseverance Continuing Education and Networking. Production, Marketing and Selling.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

Starting a Farm Business Insights and Observations


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
  1. Starting a Farm BusinessInsights and Observations

  2. K & M Farms

  3. Google: New Farm Start-up Guide BC

  4. 5 Traits of Successful Farmers • Passion • Marketing • Ingenuity, Creativity and Adaptability • Perseverance • Continuing Education and Networking

  5. Production, Marketing and Selling • Sell before you grow! • Build your production and market together! • Produce what you can sell plus a bit more • Price • There can only be one low cost producer and it won’t be you!!!!! • Compete on your competitive advantage, and price accordingly!!!! • Don’t discount – sample or donate • Marketing & Promotion • Use them all – no one method is best and all methods complement each other. • Web page is becoming the common denominator • Your marketing should reflect the quality of your product.

  6. Other Issues • Human Resources • Don’t abuse your family and friends goodwill – hire part time to fill needs • AgriInvest – farmers pension plan • Social Responsibility • Management Accounting • Unit cost of production • Reporting • WCB • HST/GST • Revenue Canada • Succession

  7. Growth • Labour • Choose labour minimizing systems from the start • Hire outside labour earlier rather than later. • Look for interns, wwoofers, part time retirees. • Machinery • At the start share, barter, borrow • Be objective about your needs vs wants • When you are big enough and growing– get all the power and accessories you will need • Markets • Farm direct – CSA - Farmers Markets - Wholesale