This farm business plan template has 31 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our farm business plan 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 2 2.1 Company Ownership 2 2.2 Start-up Summary 3 Table: Start-up 3 Chart: Start-up 4 3.0 Products 4 4.0 Market Analysis Summary 4 4.1 Market Segmentation 5 Table: Market Analysis 5 Chart: Market Analysis (Pie) 6 4.2 Target Market Segment Strategy 6 4.3 Industry Analysis 6 4.3.1 Competition and Buying Patterns 7 5.0 Strategy and Implementation Summary 7 5.1 SWOT Analysis 7 5.1.1 Strengths 7 5.1.2 Weaknesses 7 5.1.3 Opportunities 8 5.1.4 Threats 8 5.2 Competitive Edge 8 5.3 Marketing Strategy 8 5.4 Sales Strategy 8 5.4.1 Sales Forecast 9 Table: Sales Forecast 9 Chart: Sales Monthly 10 Chart: Sales by Year 10 5.5 Milestones 11 Table: Milestones 11 Chart: Milestones 11 6.0 Management Summary 12 6.1 Personnel Plan 12 Table: Personnel 12 7.0 Financial Plan 12 7.1 Start-up Funding 13 Table: Start-up Funding 13 7.2 Break-even Analysis 14 Table: Break-even Analysis 14 Chart: Break-even Analysis 14 7.3 Projected Profit and Loss 15 Table: Profit and Loss 15 Chart: Profit Monthly 16 Chart: Profit Yearly 16 Chart: Gross Margin Monthly 17 Chart: Gross Margin Yearly 17 7.4 Projected Cash Flow 18 Table: Cash Flow 18 Chart: Cash 19 7.5 Projected Balance Sheet 19 Table: Balance Sheet 19 7.6 Business Ratios 19 Table: Ratios 20 Appendix Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Balance Sheet 5 1.0 Executive Summary [YOUR COMPANY NAME] is a small farm located in [YOUR CITY], [YOUR STATE/PROVINCE]. The company is requesting funding of $595,000 for immediate purchase of the land, building and other assets necessary to open an organic chicken farming operation. The company will be the only farm in the area to provide the local community with organically grown vegetables, organically raised chickens and goats, goat milk, cheese & butter and eggs. During the Year 1 start-up phase, [YOUR COMPANY NAME] will require a period of time to raise and cultivate the products the company intends to market for sale. As soon as the company has accumulated sufficient product to sell, [YOUR COMPANY NAME] will establish a customer base at local point of sale farmers' markets. The projected Profit and Loss Table for Year 2 and Year 3 for [YOUR COMPANY NAME] reflects the company operating at the expected full capacity. After the demand of this market has been adequately serviced, [YOUR COMPANY NAME] plans to consider expanding operations by including various other venues to market their products including but not limited to obtaining shelf space at small local grocery businesses within the target market area and possibly expanding the product line to include ducks and geese. Chart: Highlights 1.1 Objectives The objective of [YOUR COMPANY NAME] for this business plan is to obtain funding of $595,000 for the following: Purchasing land and a building. Purchasing machinery and equipment. Purchasing animals, grain and feed. Purchasing fencing. Hiring employees. Advertising and marketing expenses. 1.2 Mission The mission of [YOUR COMPANY NAME] is to establish an organic farming business capable of servicing the local community by creating jobs and producing healthy, high-quality products that customers will benefit from. 1.3 Keys to Success The key to success for [YOUR COMPANY NAME] will be to produce healthy, high-quality products with minimum waste while providing customers with service that is superior to the competition. 2.0 Company Summary [YOUR COMPANY NAME] is a farming operation that provides the local community with organically grown vegetables, organically raised chickens and goats, goat milk, cheese & butter and eggs. The company will establish a customer base at the local farmers' markets and expand operations through internet marketing and other venues. The company's products may be acquired at various local point-of-sale markets, they may be picked-up at the business location or they may be freshly delivered to the customers. 2.1 Company Ownership [YOUR COMPANY NAME] is a Subchapter S Corporation located within Meeker County in Litchfield, Minnesota. The company is principally owned and operated by [YOUR NAME] as President with a 70% stake in the ownership of the company. Within the structure of the Subchapter S Corporation, [YOUR COMPANY NAME]'S loyal employees, [NAME] is the Vice President and [NAME] is the Secretary and each have a 15% ownership stake in the corporation. [YOUR NAME] has over 35 years of experience in the agriculture and animal care business. [YOUR NAME] was born and raised on the family farm where he, along with other family members, seeks to start an organic farming operation. In the past, [YOUR NAME] has managed a wholesale petroleum business and currently owns and operates a petroleum storage tank excavation & removal business. Throughout the last several years, however, [YOUR NAME] has been actively involved with organic farming and the marketing and distribution of organically grown products and would like to be involved with organic farming on a full-time basis. 2.2 Start-up Summary [YOUR COMPANY NAME] is requesting total funding of $595,000. Start-up expenses of $5,000 will be incurred prior to opening for legal fees, labor, office equipment & supplies and grain & feed. Before [YOUR COMPANY NAME] can begin operations, $515,000 of the requested funding is required to purchase the start-up assets including the land, building, fencing, machinery & equipment, and an inventory of animals and seeds. The remaining $75,000 of the total funding is to be retained as available cash which will permit the company to maintain operations during the initial start-up period while the company must wait for sufficient product to become available for sale. Table: Start-up Start-up Requirements Start-up Expenses Legal $1,500 Labor $2,000 Office Equipment and Supplies $700 Grain and Feed $800 Total Start-up Expenses $5,000 Start-up Assets Cash Required $0 Start-up Inventory $0 Other Current Assets $0 Long-term Assets $0 Total Assets $0 Total Requirements $5,000 Chart: Start-up 3.0 Products [YOUR COMPANY NAME] is a small farming operation that offers customers organically grown vegetables, organically raised chickens and eggs, goats, goat milk, goat cheese and butter. 4.0 Market Analysis Summary Organic farming is the form of agriculture that utilizes techniques such as crop rotation, green manure, composting and biological pest control to maintain soil productivity and control pests on a farm. Organic farming excludes or strictly limits the use of synthetic fertilizers, pesticides, plant growth regulators, livestock antibiotics, food additives, and genetically modified organisms. Approximately 2% of the U.S. food supply is grown using organic methods. Over the past decade, sales of organic products have shown an annual increase of at least 20%. Retail sales of organic food and beverages were nearly $13 billion in 2005
