What is the key factor of success for a value-added agriculture enterprise?

While potential entrepreneurs often ask about the one key factor of success for a value-added agriculture enterprise, there is not really just one factor that guarantees success of a business. Successful enterprises and entrepreneurs often have a unique combination of resources or skills. This combination of resources often contains the following:

• Organizational management skills
• Commitment to the long-term
• Ability to adapt to new regulations
• Marketing savvy
• Communication skills
• People skills
• Labor management skills
• Strong starting financial position
• Ability to manage and maintain cash flow
• Willingness to seek out available assistance when needed
• Commitment to quality