Value-added processing is often seen as a solution to inadequate farm income. Farmers and community backers often start companies with the intention of adding value to the commodities they produce to increase incomes and create local jobs.
Some projects succeed but many fail. Western Producer Regina bureau
news reporter Karen Briere talked to experts and people involved in successful and failed business ventures. Their advice: optimism and good intentions can’t replace a well-researched, realistic business plan and strong capitalization.