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Steps for farm business strategic planning

Your Farm Business

November 16, 2012
By Tina LeBrun and Wayne Schoper - South Central College , The Journal

Farm business strategy is not a race, it's a process. It's also essential to being a successful farm operation in today's economy. Business organizations need strategy to guide them in achieving objectives that fulfill their vision and mission. For agriculture producers, the purpose of strategizing is to determine how the farm business will reach its performance targets, outperform challengers, find and maintain competitive advantages and build a long-term competitive position.



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