Enterprise Selection Guide: Value-Added Products

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Enterprise Selection Guide:
Value-Added Products
https://www.extension.umd.edu/newfarmer/topics/enterprise
https://www.extension.umd.edu/newfarmer/topics/enterprise-selection
Instructions: Answer the questions below. If you can answer "yes" to the majority of the questions, you
might want to consider a Value-Added
Added Products Entrepreneurship option. If you have few check marks,
this may not be a good fit for you
u at this time.
Nbr. Question
Yes
No
1.
Do you know customers will want your product?
Yes
No
2.
Do you know local/state/federal food processing
regulations?
Yes
No
3.
Do you like to cook or follow a detailed approved
process?
Yes
No
4.
Do you have good organizational skills?
Yes
No
5.
Do you have start-up
up capital?
Yes
No
6.
Do you have processing and storage facilities?
Yes
No
7.
Do you have a marketing plan?
Yes
No
8.
Do you have family, friends, or employees that will help? Yes
No
9.
Do you have distribution capabilities?
Yes
No
10.
Are you willing to meet with potential buyers and make
sales calls?
Yes
No
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