Diversify your farm business

Introduction

Guide

Business diversification involves broadening the activities of your existing business into other new potential money-making ventures.

Many of Northern Ireland's farms have diversified their business over the years. 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.

Wider changes in society, such as climate change or consumer demand for new products, can also push farm businesses to change their business priorities.

This guide provides guidance on planning for farm diversification and it sets out the main advantages of diversifying your farm. It also provides examples of business ideas which other farms have developed, and identifies local sources of advice and support for diversifying your farm.

Free business start-up support

Access free start-up business support from your local council. If you have a great idea but you're not sure how to turn it into a business, or you have already started out in business and require mentorship on your next steps, Go Succeed Start experts will help you to create a business plan, seek funding and put all the foundations in place to get your business up and running.

Complete a short enquiry form or call 0800 027 0639 to register for this free advice and guidance.