Buying or building any business requires much evaluation and planning, but when that business is a farm, there are more layers of complexity. You need more than a business plan – you need a farm plan.

If your farm is looking to expand through a land purchase, it’s obviously important to check out factors like soil quality, drainage, irrigation rights, and existing structures. We also encourage you to take a hard look at the technology capabilities a prospective property offers.

Good production numbers are great, but management skills are a must in today’s environment of tight margins and the endless pressures from third parties.