Business Planning
Big, small, or somewhere in between, farming means business. Even if profit is not your first motivation, careful attention to planning is critical to the financial sustainability of your operation. According to data from the Bureau of Labor Statistics, about 20% of small businesses fail in their first year, and about 54% fail within the first 4 years. Unfortunately, inadequate business planning is a leading cause for small business failure. See resources below to support your endeavors and plan for your success! Check out our Events Calendar for upcoming trainings and other information on our Beginning Farmer, Enterprise Budgets, and Farm Financing pages.