Things to consider before starting a side business

So you'd like to start a new business on the side to go along with your farming operation. Maybe you want to take off some of the pressure the swings in the ag economy dole out so regularly. Perhaps you'd like to get into seed or fertilizer sales, or maybe expand from corn & beans into some specialty crops. Maybe you have another passion outside of agriculture entirely and you'd like to turn that passion into a new revenue stream.

Whatever the reason, Water Street Solutions Senior Director Dean Heffta has some questions to ask yourself when you start to consider diversifying your operation. He shares them here with ag broadcaster Dewey Nelson.