By diversifying your farm activities you can increase your profits.

Farm diversification involves broadening the activities of a business into other new potential money making ventures. By taking on new activities a business can supplement what it has traditionally done and increase the likelihood of a successful future.

Around 10 per cent of Northern Ireland’s farms have undergone farm diversification. These farms are now realising the benefits of taking on new income generating activities. Diversified farms can enjoy increased personal and farm family success, improved finances, increased efficiency and see redundant farm buildings back in use.

This guide sets out the main advantages of diversifying a farm. It also looks at how to diversify and identifies local sources of advice and support.

- See more at: http://www.nibusinessinfo.co.uk/content/increase-your-farm-income-diversification#sthash.TAMxbveo.dpuf