This farm business plan 2 template has 40 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our farm business plan 2 template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 Chart: Highlights 1 1.1 Objectives 2 1.2 Mission 2 1.3 Keys to Success 2 2.0 Company Summary 3 2.1 Company Ownership 3 2.2 Company History 3 Table: Past Performance 4 Chart: Past Performance 5 3.0 Products 5 4.0 Market Analysis Summary 5 4.1 Market Segmentation 8 Table: Market Analysis 9 Chart: Market Analysis (Pie) 9 4.2 Target Market Segment Strategy 9 4.3 Industry Analysis 10 4.3.1 Competition and Buying Patterns 10 5.0 Strategy and Implementation Summary 10 5.1 SWOT Analysis 11 5.1.1 Strengths 11 5.1.2 Weaknesses 11 5.1.3 Opportunities 11 5.1.4 Threats 11 5.2 Competitive Edge 12 5.3 Marketing Strategy 12 5.4 Sales Strategy 12 5.4.1 Sales Forecast 12 Table: Sales Forecast 12 Chart: Sales Monthly 13 Chart: Sales by Year 13 5.5 Milestones 14 Table: Milestones 14 Chart: Milestones 14 6.0 Management Summary 17 6.1 Personnel Plan 19 Table: Personnel 20 7.0 Financial Plan 20 7.1 Important Assumptions 20 7.2 Break-even Analysis 20 Table: Break-even Analysis 20 Chart: Break-even Analysis 21 7.3 Projected Profit and Loss 21 Table: Profit and Loss 22 Chart: Profit Monthly 23 Chart: Profit Yearly 23 Chart: Gross Margin Monthly 24 Chart: Gross Margin Yearly 24 7.4 Projected Cash Flow 25 Table: Cash Flow 25 Chart: Cash 26 7.5 Projected Balance Sheet 27 Table: Balance Sheet 27 7.6 Business Ratios 28 Table: Ratios 28 Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Balance Sheet 6 Executive Summary [YOUR COMPANY NAME] is a small family owned cattle farm located in Burlision, Tennessee that sells beef calves and hay. [NAME]'S both grew up in families that raised cattle and over the last four years have been slowly building up their own farm to where it now has a total of just under fifty cows and calves. The [YOUR NAME] family has been operating the farm on a part-time basis with the help of their son [NAME] and is prepared to take the farm to the next level. The family has all the necessary skills, dedication, and experience to do well in the business, but lacks the necessary capital to take the next set in building and running a successful cattle farm. Therefore, [YOUR COMPANY NAME] is seeking $1,944,390 in grant funding to purchase cows, land, and equipment as well provide for initial start-up capital for operations and building costs. Chart: Highlights 1.1 Objectives The Objectives of [YOUR COMPANY NAME]: • Operate the farm on company owned land • Build the farm up to 250-500 head of cattle by 2012 • Purchase all necessary equipment to operate cattle farm and cut hay • Obtain a $1.9 million grant to invest in building desired cattle operation • Reach profits that allow the whole family to work for the company full-time and make sufficient incomes 1.2 Mission The mission of [YOUR COMPANY NAME] is to own a family operated cattle farm that hires within the community. The company's goal is to raise, breed, and sell top quality cattle, while teaching others how to tend and take care of them. 1.3 Keys to Success The keys to success for [YOUR COMPANY NAME] are: • Healthy cattle that have all of their shots, enough food, and clean water • A good beef market • Weather conditions • Low production costs 2.0 Company Summary [YOUR COMPANY NAME] is currently a small cow/ calf operation with an estimated 50 total calves and cows. The farm sells beef calves to individuals and at the cattle auction. The company is completely operated by the [YOUR NAME] family which entails checking, feeding, giving shots, weaning, tagging, banding, and paperwork. [YOUR COMPANY NAME] is looking to significantly increase the farm to 500 calves and 500 cows over the next five years. The farm is looking for grant funding to initiate expansion of the farm through investment in land, cattle, equipment, and operation costs. 2.1 Company Ownership [YOUR COMPANY NAME] is a private family owned sole proprietorship. The current owners, [NAME]'S, are planning to put the business in a LLC or S-Corporation structure shortly after receiving grant funding. [NAME]'S don't anticipate adding any additional ownership in the future outside of their son, [NAME]. 2.2 Company History [YOUR COMPANY NAME] is heading into its fourth year of operation. The farm began to purchase cattle and equipment significantly in 2007 and 2009 to put the business in position to grow. Both of [NAME]'S families had cows and calves when they were growing up and they decided to continue a family tradition. [YOUR COMPANY NAME] is now looking to turn the corner and make the farm a full-time operation. Table: Past Performance Past Performance 2007 2008 2009 Sales $10,605 $11,587 $11,363 Gross Margin $860 $11,587 $11,363 Gross Margin % 8.11% 100.00% 100.00% Operating Expenses $33,928 $24,184 $43,184 Inventory Turnover 0.00 0.00 0.00 Balance Sheet 2007 2008 2009 Current Assets Cash $4,550 $5,500 $9,750 Inventory $0 $0 $0 Other Current Assets $13,500 $13,500 $13,500 Total Current Assets $18,050 $19,000 $23,250 Long-term Assets Long-term Assets $71,046 $94,047 $94,047 Accumulated Depreciation $6,025 $21,527 $38,700 Total Long-term Assets $65,021 $72,520 $55,347 Total Assets $83,071 $91,520 $78,597 Current Liabilities Accounts Payable $654 $343 $540 Current Borrowing $2,600 $2,300 $2,100 Other Current Liabilities (interest free) $0 $0 Total Current Liabilities $3,254 $2,643 $2,640 Long-term Liabilities $13,500 $45,000 $43,000 Total Liabilities $16,754 $47,643 $45,640 Paid-in Capital $0 $0 $0 Retained Earnings $89,640 $87,061 $46,283 Earnings ($23,323) ($43,184) ($13,326) Total Capital $66,317 $43,877 $32,957 Total Capital and Liabilities $83,071 $91,520 $78,597 Other Inputs Payment Days 30 30 30 Chart: Past Performance 3.0 Products [YOUR COMPANY NAME] sells beef calves. The calves are sold to both individuals with the majority of the cattle going to auction to cattlemen who put them on a feed lot until they are big enough to be sold to the market. The cattle are usually sold at auction in Tennessee. There are very few people in the Burlison, Tennessee community that have cattle, so if they want a calf the farm will sell them what they need at a price per pound basis that is similar to the going rate at the auction. 4.0 Market Analysis Summary Tennessee's beef cattle industry is an important part of the state's economy. It is even more important to the Tennessee's beef agricultural economy. There are cattle produced in every county in Tennessee. The beef industry in the state is primarily made up of locally owned family farmers. According to the National Cattlemen's Beef Association, 97 percent of the nation's cattle farms are family owned, and 42 percent have been in the same family for more than 50 years. The cattle industry converts locally produced resources, forages, into dollars that are "spent at home" and supports the growth of local economies and jobs
