Is there a market for my product?

This is a great question to ask before you begin your entrepreneurial efforts in value-added production. Most people have a specific product in mind when they consider value-added production, so your first step is to research and evaluate the market for that product. Ask around town, see what value-added products are sold at farmers markets and grocery stores, conduct online research, and/or seek entrepreneurial advice from organizations such as Accion New Mexico, WESST, The Loan Fund, or Albuquerque SCORE. Once you have determined that there is in fact a market for your product, you can then begin working on your business plan.

Show All Answers

1. What is value-added production?
2. Why should I consider value added production?
3. Is there a market for my product?
4. Does my product need to be produced in a commercial kitchen?
5. Where can I find a commercial kitchen?
6. Should I use locally grown ingredients?
7. How do I sell at a farmers market?
8. Where else can I sell my product?
9. Should I market my products online?
10. How can I increase my profits?
11. What resources are available to me?