Share on Facebook The competition from large farming corporations along with the fluctuating prices of crops and livestock make a business plan a necessity for new farmers who want to make a profit from their endeavors. If you need to secure financing, the business plan becomes even more vital to reflect how you plan to make money and pay back your loan. The finished plan also helps reveal whether your farming idea is feasible or not.
Roles and Responsibilities Chief Operating Officer: We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.
Our strength as a commercial maize farm is in the fact that we have healthy relationships with loads of major players agriculture merchants who deal in corn wheat farm business plan sample the commercial farms industry; both suppliers and buyers within and outside of the United States. We have some of the latest commercial farming machines, tools and corn processing equipment that will help us cultivate corn in commercial quantities with less stress.
Aside from our relationship network and equipment, we can confidently boast that we have some the most experienced hands in Trenton — New Jersey on our payroll. Our weakness could be that we are a new commercial maize farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initially.
We are aware of this and from our projection; we will overcome this weakness with time and turn it to a major advantage for the business.
The opportunities that are available to us cannot be quantified; we know that there are loads of individuals who consume both organic and non — organic corn in different forms both in the United States of America and other parts of the world.
We will ensure that we maximize the opportunities available to commercial maize farmers. Due to their rising popularity, GM seeds account for a significant amount of revenue and the demand for maize is anticipated to keep growing as renewable energy targets rise each year. Some of the threats and challenges that we are likely going to face when we start our own commercial maize farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters draughts, epidemicsunfavorable government policies and the arrival of a competitor a commercial farm that cultivates same crop — maize within same location.
There is hardly anything you can do as regards these threats and challenges other than to be optimistic that things will continue to work for your good. They now find it easier to run both organic maize cultivation and non — organic maize cultivation. It is fact that despite that organic food are expensive, the sale for organic food is on the increase and it is indeed profitable.
The fact that there is always a ready market for maize makes the business highly profitable. Lastly, it is a common trend to find standard commercial maize farmers run a corn processing plant business alongside their farm. It is a means of maximizing profit in the business.
Our Target Market It is a known fact that the target markets of those who are the end consumers of maize in any form and who benefit from the business value chain of commercial maize farming is all encompassing.
Almost every household consumes maize in different forms.
In essence a commercial maize farmer should be able to sell his or her farm produce to as many people as possible including hotels, grocery stores, restaurants, livestock farmers and production companies that make use of corn as raw materials. We will ensure that we position our business to attract consumers of maize not just in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw or processed form to other countries of the world.
Our Competitive Advantage The truth is that, it is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.
As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming.
This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.
We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable maize farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all — round standard commercial maize farm that will also include a corn processing plant.
With this, we will be able to take advantage of all the available opportunities within the industry.A good business plan will help your farm or food production business succeed.
Before you start writing your business plan, take a look at some sample business plans for farms, food growers, food production facilities, and other agriculture-related businesses. June Agricultural Business Plan Guidelines Directorate Co-operative and Enterprise Development DEPARTMENT OF AGRICULTURE, FORESTRY AND FISHERIES.
regardbouddhiste.com ORGANIC FARM BUSINESS PLAN (BUSINESS NAME) (COMPANY NAME) (STREET ADDRESS) (CITY, STATE ZIP CODE) (CREATION DATE). Here's Your FAST Sample Business Plan. This Organic Farm Business Plan has been written to use a starting point for developing your own business plan.
You are free to edit and use this business plan and its contents .
A Sample Wheat Farming Business Plan Template. Industry Overview; Farmers in the wheat, barley and sorghum farming industry primarily grow one or more varieties of wheat or a combination of sorghum, barley, oats, rye and other grains, where no single crop accounts for more than half of the total value of production of the farm.
The competition from large farming corporations along with the fluctuating prices of crops and livestock make a business plan a necessity for new farmers who want to make a profit from their endeavors.
A BUSINESS PLAN FOR A ACRE FARM & HEAD COMMERCIAL COW HERD IN SOUTH CENTRAL IDAHO by Attached to the farm is an additional acres of pasture ground seeded to crested wheat. In conjunction with operating the farm, I examined the feasibility of leasing a head Business Plan. A good business plan will help your farm or food production business succeed. Before you start writing your business plan, take a look at some sample business plans for farms, food growers, food production facilities, and other agriculture-related businesses. Building a Business Plan for Your Farm: Important First Steps is a 20 page publication that discusses the initial steps to help you move toward writing a formal business plan. Organic Farm Business Planning Page from North Carolina State University features a number of publications and links related to financial planing for organic farmers.
Botanical Bounty agriculture farm business plan executive summary. Botanical Bounty is an established farm growing select medicinal herbs/5().