'Developing Your Agricultural Business Enterprise' workshop series launches
The Pierce County Economic Development Corporation (PCEDC), Small Business Development Center and SCORE are launching, "The Developing Your Agricultural Business Enterprise" workshop series to provide entrepreneurs and agricultural producers tools and resources to launch their agricultural or rural business venture.
"The Developing Your Agricultural Business Enterprise series is an interactive program providing you, the entrepreneurs and agricultural producer with the knowledge and tools needed to analyze, assess, develop and grow your agribusiness venture. These workshops will help you discover potential opportunities in developing your agribusiness enterprise whether it be a value added venture, agritourism, organic and sustainable agriculture or traditional commodity production," said Joe Folsom, Executive Director PCEDC.
Here are components to the series:
Values, vision, mission, business model canvas, products & services
Starting with your values, vision and aspirations we will take you through the process of developing the products/services based upon the feedback of your potential customers. This will enable you to quickly develop your value proposition and assess your opportunities.
Resources to guide you through the business planning process
This session will assist you in identifying those that can guide you through the process, provide answers and enable you to develop a plan and strategy for a successful agricultural business enterprise.
Business planning for farm entrepreneurs, market research & marketing strategy
This session will guide you through the market research process, development of your marketing strategy and incorporating this information into your business plan.
Financial planning for agricultural entrepreneurs
We will introduce you to financial statements, how to interpret financial statements and use key financial ratios to benchmark your performance and to financial planning tools to develop your financial plans.
Capitalization/funding sources, business structures, operations, and human resources
In this final session we will cover capitalization and funding sources for your business enterprise, provide an overview of business organizational structures and operations strategy and human management.
These five workshops will be held every Monday from 6-8:30 pm starting Jan. 21, 2019 at the St. Croix Valley Business Innovation Center (1091 Sutherland Ave., River Falls). There is no charge for this workshop series. For more information and registration, visit https://stpaul.score.org/content/take-workshop-65.
The series is sponsored by Pierce County Economic Development Corporation, UW-River Falls SBDC and St. Croix Valley SCORE.