Honey production: What's the buzz?

Abstract

This research aims to educate current and potential small-scale producers in the beekeeping industry on producing honey and related products. It outlines the process on how to perform break-even calculations on both single and multi-product production, as well as assess the feasibilityof cash flow timing and profitability of each operation through financial statements. It also reevaluates cash flow timing feasibility and profitability when financing each scenario with a conventional loan. This research also provided producers with information on how to harvest honey and expand their production into a multi-product scenario through wax products. It gives insight on the liability they may face and how to market their products.