Farm enterprises refer to the various activities and operations conducted on a farm to produce goods and generate income. These can include crop production, livestock raising, and other agricultural practices. Each enterprise can vary in scale and type, depending on factors like location, climate, and market demand. Farm enterprises can also involve value-added activities, such as processing raw products into finished goods. For example, a farm might produce milk and then create cheese or yogurt. This diversification helps farmers maximize profits and reduce risks associated with relying on a single source of income.