Guide

Diversifying farming businesses

Introduction

Diversification involves broadening the activities of a business into other new potential money making ventures.

Around 10 per cent of Northern Ireland's farms have diversified. These farms are now realising the benefits of taking on new income generating activities. Diversified farms can enjoy increased personal and farm family success, improved finances, increased efficiency and see redundant farm buildings back in use.

This guide sets out the main advantages of diversifying a farm. It also looks at how to diversify and identifies local sources of advice and support.