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NC Organic

An Organic Agriculture
Internet Resource
for North Carolina Farmers

 

Organic Farm Business Planning

A successful business always includes a good business plan. A new agricultural enterprise needs to produce profits to be worthwhile for the farmer. In order to assess if a new crop or product, like organics, will work for your business you'll need to "run your numbers" and flush out the details by preparing a sound plan. The process of developing a business plan allows entrepreneurs to spot risks and pitfalls in a new idea and determine the profitability of that idea. In addition, lenders and funders may require a business plan prior to financing your operation.

An agricultural enterprise budget acts as a financial decision-making matrix wherein the farmer inputs all costs and returns to determine the profitability of a crop or livestock enterprise. Although enterprise budgets are only estimates, they provide an idea of what a farmer can expect to make when producing and selling a new crop.

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Business Planning Resources

Budgets, Pricing & Profitability

Grants

Loans


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Dr. Jeanine Davis
Mountain Horticultural Crops Research & Extension Center
455 Research Drive
Mills River, NC 28759
Phone: 828.684.3562 ~ Fax: 828.684.8715
Email: jeanine_davis@ncsu.edu


Maintained by: Bryan A. Konsler

Updated April 2nd, 2013