Farm and Rural Business Planning
Wednesday, December 18, 2024 • 10:00 AM - 12:00 PM
190 Rockfish School Lane, Rapidan, VA 22733
Business planning is an important part of owning and managing a farm. Producers traditionally go through the business planning process to: Evaluate production alternatives, Identify new market opportunities, and to Communicate their ideas to lenders, business partners and family. As agricultural entrepreneurs define and create themselves away from more “conventional” farming models, business planning has become more important than ever. Producers considering innovative management practices and immature markets use business plans to map out strategies for taking advantage of new opportunities such as organic farming, on-farm processing, direct marketing and rural tourism. A business plan helps producers demonstrate that they have fully researched their proposed alternative; they know how to produce their products, how to sell what they produce, and how to manage financial risk.
For more information, contact Forrest Hobbs at 804-892-5910 or fhobbs@vsu.edu.
If you are a person with a disability and desire any assistive devices, services or other accommodations to participate in this activity, please contact the Small Farm Outreach Program office at smallfarm@vsu.edu or call (804) 524-3292 / TDD (800) 828-1120 during business hours of 8 am. and 5 p.m. to discuss accommodations five days prior to the event.
Virginia Cooperative Extension is a partnership of Virginia Tech, Virginia State University, the U.S. Department of Agriculture, and local governments. Its programs and employment are open to all, regardless of age, color, disability, sex (including pregnancy), gender, gender identity, gender expression, national origin, political affiliation, race, religion, sexual orientation, genetic information, military status, or any other basis protected by law.