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Agricultural Entrepreneurship & Business Planning

Agricultural Entrepreneurship & Business Planning. Property Purchasing. Certifications. Country Living Expo and Cattleman’s Winter School January 28 th Stanwood High School Business Feasibility Workshop January 31 st NABC Washington State Farmers Market Association Conference

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Agricultural Entrepreneurship & Business Planning

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  1. Agricultural Entrepreneurship & Business Planning Property Purchasing • Certifications

  2. Country Living Expo and Cattleman’s Winter School January 28th Stanwood High School Business Feasibility Workshop January 31st NABC Washington State Farmers Market Association Conference February 2nd- 4th, Semiamoo Resort, Blaine Skagit Ag Summit February 25th WSU NWREC Upcoming Events

  3. Course Field Trips • February 18th 10am-2pm • Direct Market Strategies Field Trip • Meet at Extension office • March 4th 10am- 2pm • Business Plan Review and Hands On Financial Statements Work Session with EDASC • Skagit Valley College – Rm F1-12

  4. It’s time for …. This weeks PRODUCER PROFILE!!

  5. Reading Review • Were these resources helpful/ adequate? • If not where did you go to find additional information? • Where there any stats that surprised you as either good or bad harbingers for your product or the industry as a whole?

  6. Agricultural Entrepreneurship & Business Planning • Certifications • and Labels

  7. Certifications • What are some certifications that farm and food products seek? • Certified Organic • Certified Naturally Grown • Animal Welfare Approved • Non GMO Project Verified • Certified Humane • GAP Certified • Salmon Safe • Kosher

  8. Certified Organic • What markets demand this? • Who are the certifiers? • WSDA • Oregon Tilth • What is the process like? • Cost Share Reimbursement • USDA Certified Transitional Program, official as of January 11th 2017!

  9. Certified Naturally Grown • What markets demand this? • Who are the certifiers? • What is the process like? • http://www.cngfarming.org/ Non GMO Project Verified • What markets demand this? • Who are the certifiers? • What is the process like? • https://www.nongmoproject.org/

  10. Certified Humane and Animal Welfare Certified • What markets demand this? • Who are the certifiers? • Animal Welfare Approved • Certified Humane • What is the process like? • http://glendaleshepherd.com/ Kosher • http://www.ok.org/companies/what-is-kosher/

  11. Other Certifications • http://www.salmonsafe.org/getcertified • http://foodalliance.org • http://www.wholefoodsmarket.com/responsibly-grown

  12. GAP Certified • What markets demand this? • Who are the certifiers? • WSDA • What is the process like?

  13. Peer Review • Based on what you’ve read so far… • Can you describe the unique product attributes and how the business/product will fit into the current industry as described in Section 3. • Can you think of any other major competitors for this product/business? • Who do you think the target customer base should be? • Is this headed in the right direction for the writer’s purpose ie. internally or with a banker/investor.

  14. Next week’s readings: (online) • Market Farming Success Chapter 2, and 187-206 • Organic Farmers Business Handbook Chapter 5 • Business Plan topics to work on: • Section 5.3 • 30 second Business Introduction Pitch

  15. A and B Nursery Business Plan • Describe the who, what, when, where and how of the business plan. • Did you have a clear idea of the above after reading the executive summary? • Based on the information would you ok the operating loan? If not, what information is missing? • Show of hands • Make a case for and against

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