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Week 3 – Evaluating Resources & Enterprise Assessment

Posted by nwitham | October 7, 2020

Presenter’s Power Point:

PowerPoint – CS – WFP – Week 3 – Evaluating Resources  PPT

PowerPoint – CS – WFP – Week 3 – Evaluating Resources  PDF

Learning Objectives:

  • Evaluate personal resources of time, finances, land and markets with respect to specific small acreage enterprises.
  • Analyze the suitability of an enterprise goal to a farm or land base.
  • Students will evaluate requirements of
    different crop and livestock production systems
  • Students will learn how to determine whether a product
    or service can be reasonably produced with given resources


  • Human Resources
  • Land, soil, water and other natural resources
  • Property Inventory Map
  • Physical resources; building, equipment
  • Local market resources and opportunities
  • Financial resources
  • Community Resources
  • Factors to consider when evaluating the feasibility of a potential product or service:
    • Climate
    • Soil and land
    • Water
    • Facilities and fencing
    • Machinery and equipment o Management and labor
    • Regulatory issues


Resource- Evaluating a Rural Enterprise PDF

Resource – Selecting a Site PDF

Resource- Decision Making Principles for Part-time Farmers PDF

Resource- Penn State Ag Alternatives Series WEBSITE

Resource – Enterprise Budget Analysis PDF

Resource – Using Enterprise Budgets to Make Decisions PDF

Resource – Landowner’s Guide to Washington Water Rights PDF



Worksheet – Farm and Ranch Resource Assessment DOC

Optional Assignment – Regional Opportunities for Your Farm DOC

Property Inventory Map DOC


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