A Guide to Starting a
New Farm Enterprise
3. Self Assessment
4. What Should I Produce?
1. What can I sell?
2. What can I produce?
3. Buying or leasing farm land
5. Building a Farm Enterprise Plan
1. Introduction to Enterprise Plan
2. Developing a Marketing Plan
3. Developing a Production Plan
4. Developing a Financial Plan
5. Keeping It Going
A. Key Contacts
B. Rules and Regulations
C. Farming Contacts
D. Other Interesting Sites
E. Industry and Marketing
Congratulations on choosing farming for your new business enterprise.
Agriculture is the foundation of all civilizations and can provide many
rewards, both financial and cultural. Your choice to be part of the farming
community helps strengthen the agriculture base, and contributes to the
economic well being of the province.
Agriculture in B.C. is very diversified with more than 200 different
commodities produced and sold commercially. In 1995 farm gate sales from
these products was roughly $1.5 billion with producers reporting $180
million in profits for an average return on sales of 12 percent. To ensure that
you meet or beat the average return it is critical to select the right
commodity/s that you can sell, that match your interests and that can be
grown successfully on your farm.
This guide will help you make the right choice. Once you have identified
the best product(s), it will take you through a step-by-step process of
developing a farm-enterprise plan. This plan will help you plan for the
success of your new farm enterprise.
The guide is arranged in four sections:
1. Self assessment
2. What can I sell and produce?
3. Developing a farm enterprise plan
4. Support material (Appendix)
If you have already determined what product you want to produce and how
you are going to sell it, you may wish to go directly to the section on
developing a farm enterprise plan.
The support material includes additional helpful information for farmers,