Audio Files: Planning For 2024

PLANNING FOR 2024

FROM THE MAY 2023 ISSUE OF GROWERTALKS MAGAZINE

WRITTEN BY STAN VANDER WAAL

NARRATED BY BILL CALKINS

 

EXCERPT: Planning considerations:

• Consult with your customers or prospective customers early about opportunities, but also clearly discuss timelines you need to work with to execute a successful 2024 season. Don’t underestimate the planning, supply chain run time or delays, or the time it may take to get the approvals you need for a given proposal.
• Cost review: Unfortunately, most operating costs haven’t gone down. Lay out your plan to clearly articulate what you’ll need for cost increases.
• Do you need to build? Depending on the size of your expansion this may be a challenge. We now plan and give final approval two years ahead. I’ve heard there’s some capacity with builders, and if your expansion is five acres or less, you may be able to complete it for 2024 production.
• Don’t forget the internal capacity building: your team. What positions will you need to fill? Do you have the experience and ability to support your growth plans?

 

Read the digital edition of GrowerTalks & Green Profit Magazine—May 2023: https://www.ballpublishing.com/magazine/gt_23_05/index.aspx