Value-Added Business Information

A value-added business is generally the transformation of a product or commodity from its original purpose to another valuable state. Value-added agriculture increases the economic value and consumer appeal of an agricultural product or commodity. For example, a fruit farm that normally sells its product fresh, may develop a line of frozen product or preserved product (jams, jellies, etc.) to increases their economic value.

When considering whether to expand your farm business from primary production agriculture to include a value-added another product or service, and before you invest any money in capital, labour, services or supplies, you will want to research your new business venture. The Beyond Production Agriculture Business Information Bundle from OMAFRA is a great place to start.