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Missouri Department of Agriculture

Ag Business Development

Operations

The following are some of the steps you need to take during the Operations Phase:

Make sure you communicate regularly with your members. Effective member relations is critical. Your producer-members own your new business and they will want to be updated regularly on the status of the business.

Establish a system for monitoring performance of management and other human resources. The Board of Directors will need to have clearly identified performance objectives for the management team, and the management team should then make sure there is a system for appraising the performance of employees on a regular basis.

Develop a strategic plan to guide your organization after the start-up process which includes growth or exit strategies. You should continue to revise your strategic plan as external conditions change so that you can adapt quickly to changes in the competitive environment. Your opportunities as a business will continue to change as the competitive environment changes. You will need to continually update your strategic plan to ensure that your organization will be able to effectively compete, grow or transition over time.

The Ag Innovation Center staff is here to assist you in starting or expanding your agriculture-based business. Contact us today!