Title: (Optional) Discuss an expansion plan.
Course: Operating the Farm Business (18301-III) > Section: Operating an Agricultural Business

Discussion should include

- identifying reasons to expand a farm operation
- identifying the benefits of diversification
- assessing resources needed for expansion
- projecting additional income that could be gained from expansion
- considering new partners, including whether family members would be interested in participating in and/or eventually taking over the operation.

Process/Skill Questions:

- What is the availability of resources needed for expansion?
- What opportunities for expansion exist?
- How would one determine if expansion is feasible?