Planning is essential to any business, no matter how large or small your inventory, payroll, and bank account. To be sustainable and profitable a farm operation must have a clear understanding of production, marketing, finances, and labor. Having these plans mentally is not enough! Taking time to formulate thoughts, evaluate your business, devise a strategy, and anticipate possible problems will help your business be successful. The Farm Business Planning tools on this page will help put you on the right track.
Accompanying Resources
- Business Plan Worksheets (Microsoft Excel)
Financial worksheets required for a business plan. Complete these on a yearly basis for your farm. Before using the worksheet, save a copy on your personal computer.
- Case Studies (Business plan examples)
For more information about the Farm Business Planning Workbook and resources, contact:
Shannon Dill, Extension Educator; University of Maryland-Talbot County
Phone: (410) 822-1244
Email: sdill@umd.edu