Going Organic: Is it too late?
With organic farm products commanding a higher price and with large agricultural enterprises increasingly dominating the non-organic segment, many established small farmers are considering switching to fully organic operations. However, significant time, investment and new expertise is required to go organic; leading many farmers to wonder if it is too late to convert their operations.
Introduction to financing your farm business – video 1 of 2
In the first of our two-part series on financing your farm business, Vince Stevens, Scotiabank Senior Manager Small Business discusses the unique challenges facing farming and agricultural businesses and introduces the concept of relationship banking.
Relationship banking and your farm - Video 2 of 2
In the second in our two-part series on financing your farm business, Vince Stevens, Scotiabank Senior Manager Small Business talks about the value of long-term relationship banking – a trend in farm finance that may be insightful for many types of small businesses that face similar challenges and circumstances.
Is Organic Profitable?
Many small businesses are becoming Eco friendly, and a growing number of them are taking things a step further by going organic. A major rationale for this can be easily seen by any supermarket shopper: organic products sell for premium prices. It’s also a growing niche, with the organic section of supermarkets typically being among the fastest-growing sections.