Entrepreneurship


Expanding the size of the business


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5-EntrepreneurshipInternLores

Expanding the size of the business: includes incre 
asing  sales,  physical  and  financial  assets  of  the  farm.  
Expanding the size of the farm can take different forms: 
capacity expansion, replication and modernisation. This 
strategy works only if the farm is already profitable and 
competitive.
adding value to the enterprise: is to increase income 
by  adding  value  to  existing  or  diversified  enterprises. 
Adding  value  to  a  product  depends  on  buyer  needs. 
Farmers have to identify what different buyers look for 
as value.



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