Recognize and Investigate Value-Added Opportunities and Constraints


NEW GATES THROUGH OLD FENCES

 

A. Assess local community and business goals and objectives: evaluate locally produced raw products, and natural and human resources; and establish the potential for value-added opportunities.

  1. Build on community and business strengths.
  2. Increase awareness of opportunities, resources, and impediments.


B. Seek assistance from community, business, professional agriculture, finance, and other professionals to further evaluate selected potential value-added ideas.

 


C. Conduct a detailed investigation of selected value-added opportunities.

  1. Market Research and Evaluation

    a. market penetration
    b. market competition
    c. market distribution/selling
    d. market growth potential
    e. market fit with the community

  2. Business/Community Networks and Linkages

    a. identify potential business support and linkages
    b. identify potential community support and linkages

  3. Processing Efficiency

    a. selection of affordable processing technology
    b. regulatory issues and their impacts
    c. health and environmental issues and their impacts
    d. potential opportunities for sharing processing facilities

  4. Input Procurement/Supply

    a. adequate quantity, quality and timing of inputs available at acceptable cost
    b. potential networks for procuring inputs

  5. Labor Force Considerations

    a. availability of a skilled and knowledgeable workforce
    b. wage structure and benefits adequate to support or supplement incomes of local workers
    c. opportunity for training programs and equipment

  6. Financing Availability

    a. develop and evaluate a complete feasibility study to determine capital requirements
    b. evaluate and identify potential investors and other sources of available capital

  7. Entrepreneurial/Managerial Ability

    a. assess the management skills, training needs and sources of professional assistance
    b. potential for shared professional assistance

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This page is maintained by: arecweb@ag.arizona.edu
Questions regarding content: Russell Tronstad
Last update: 4/8/97