Diversification
Diversification opportunities generally fall into three categories: on-farm agricultural diversification, on-farm non-agricultural diversification, and off-farm diversification. The motivations for diversifying can vary—whether it's to grow the business, create new income streams to mitigate risk, or pursue a personal passion. Diversification can strengthen the business and provide opportunities for expansion. However, it's crucial not to view diversification as a solution for a struggling business. Before embarking on any new venture, it’s often worthwhile to review the performance of your existing business and look closely at long term objectives.
The service
• Assessment of the project idea and overall concept.
• Review of current resources, feasibility studies, and market research for the new venture.
• Advice on planning permission, tenant conditions, regulations, & financial/tax implications.
• Preparation of a comprehensive business plan.
• Managing the tendering process and obtaining competitive quotations.
• Guidance on funding options or eligibility for grant funding, including application assistance.
• Support with project management and ongoing performance monitoring.
Why me
• I bring over 25 years of experience advising businesses of all sizes.
• Extensive knowledge of a wide range of diversification opportunities.
• I offer an impartial, critical perspective and understand the motivations for diversification.
• Well-established relationships with grant administrators and funding providers.
• Experience with both large and small projects.
• A deep understanding of the potential performance of similar diversification ventures.
• I provide independent, practical, and financial analysis to help ensure success.
How you Benefit
• Quicker, unbiased insights into the feasibility of a new opportunity.
• Reduced stress and time saved throughout the process.
• Enhanced profitability for the entire business.
• The potential for exciting new business opportunities.
• A valuable way to spread business risk.