Unique Ways of Starting an Organic Farm – Sample Business Plan Template
Unique Ways of Starting an Organic Farm – Sample Business Plan Template
Unique Ways of Starting an Organic Farm – Sample Business Plan Template is a free article. You already know by now that one of the ways to be wealthy is not by being an employee. That is why business experts will continue to teach on the importance of having a multiple stream of income.One of the streams of incomes that you may want to consider is starting an organic farm. This is one business that sure guarantees return on your investment; it requires space, seeds, livestock and money. Before delving into how you can possibly start this business, care must be taking in identifying what an organic farm is. Simply put; it is a farm that grows livestock or produce without chemicals or pesticides.
As a matter of facts, These types of farms are not so many around the world compared to the magnitude at which people prefer to use chemicals and what have you. One of the reasons why folks who engage in this type of business do so is to make a difference.
Without a shadow of doubt, this business has a potential to grow and succeed because the request for organically grown farm products is now on the surge because of the various deadly diseases that are beginning to ravage man’s health.
Also, If you have always wanted to farm and do not know what to do, then you may want to consider starting an organic farm.
This article proposes to show you the steps that you can follow so that you are able to start on the right footing and make an appreciable level of success as you make profit in the shortest time frame possible. Now, here are the factors that you have to consider before starting your organic farm business.
Starting an Organic Farm – Sample Business Plan Template
1. Read Up About Organic Farm
If you are a very busy person who scarcely has time to read, then you may have to create time because starting your organic farm means that you have got to be very ready to read up all that your hands can lay on about this type of business. You will need to read up about livestock, and the various crops that you can possibly start with.
Also, study about folks who are already in this line of business and how they are able to cope with the competitions from the non-organic farmers. There is a lot of knowledge that can be garnered when you browse the Internet. They are also books that may be available at the local library or the bookshops on this subject too.
2. Get Trained
You cannot start an organic farm without first getting the required skill that is available to make this business work. In that case, you will need to sit under the tutelage of an expert so that you can acquire hands- on tips on how to run your own organic farm business. If you know someone who is already in this line, then you may consider approaching the person.
On the other hand, if you do not, then you can look through the internet or a local business directory to find out who and who you can approach for training. Bear in mind that this training also requires that you be on the farm to know the step by step procedures involved in the trade.
3. Have a Business Plan
After you have garnered the skills required to start your own organic farm business, then the next thing to do is to draw an inference from there on how you want your own business to be run. Identify the types of livestock you want to breed, the type of crops you want to be grown and a host of other vital information.
Also you have to identify the startup funds and where you want to source for it, your mode of advertisement, how many workers you may likely hire and others. If you can do this on your own accord, then that is fine- on the other hand, if you cannot then you may want to consider hiring an expert business plan writer to do this from you. Here is a sample organic farming business plan you can use.
4. Incorporate Your Business
Incorporating your business is one of the best steps that you may need to take to make your business successful. That is why you have got to look at going to the chamber of commerce office or the corporate affairs office to get the process started. Decide whether you will be in partnership or if it is only you.
5. Pull Resources
One of the ways that you can get finance to start your business may be through grants. There are also angel investors who are all out to invest in some businesses. One of the ways to make your business visible to them is to have a detailed and well spelt out business plan. There may also be family and friends that will help you out.
7. Get a Space
You may consider renting a farm land where you can get this business started. On other hand, if you have got the money, then you can consider out rightly buying a new land to start this business.
8. Start Business and Advertise
After you have secured a space and hired some experienced workers, the next thing that would be expected of you to do would be to start business. This means that you would begin to cultivate and rear the animals without chemicals. Whilst that is underway, you may then begin to let people know what you are doing. This can be through word of mouth, blogging on the internet, starting a website and a host of other means.
There you have it. 7 tested and trusted tips on how to start your organic farm business.
Do you know you can actually save yourself off this stress?
Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.
Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.
You can use this format in developing your own business Plans and feasibility Study
OUR TABLE OF CONTENT INCLUDE;
SECTION 1(Business plan section)
- SECTION I – EXECUTIVE SUMMARY
- NAME OF BUSINESS / COMPANY
- OFFICE & SITE LOCATION
- MOTIVATION
- MISSION STATEMENT
- SOCIAL/ECONOMIC VALUE
- PROJECT STATUS & START UP
- WHY PREPARE THIS BUSINESS PLAN?
- SECURITIES FOR THE PROPOSED LOAN
- REPAYMENT
- SECTION II – STUDY AREA
- STUDY AREA
- COMPANY OVERVIEW
- MANAGEMENT TEAM
- DEPARTMENTS IN THE COMPANY
- EXPERIENCE
- MANAGEMENT TEAM GAPS
- SECTION III – INDUSTRY ANALYSIS
- DEFINING YOUR INDUSTRY
- YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
- INDUSTRY STRUCTURE
- MARKET OVERVIEW
- MARKET SEGMENTATION
- RELEVANT MARKET SIZE
- KEY SUCCESS FACTORS
- LONG TERM PROSPECTIVE
- MARKET CHARACTERISTICS
- SAMPLING TECHNIQUE
- SECTION IV – CUSTOMER ANALYSIS
- TARGET CUSTOMERS
- CUSTOMER NEEDS
- MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
- BUYERS BEHAVIOUR
- MARKET SHARE
- SALES FORECASTING
- SECTION V – COMPETITIVE ANALYSIS
- DIRECT COMPETITORS
- COMPETITIVE ADVANTAGES
- SECTION VI – MARKETING PLAN
- PRODUCTS & SERVICES
- FINISHED PRODUCTS
- PRODUCT QUALITY AND PRODUCTION QUANTITY
- PRODUCTION CAPACITY
- PRICING
- PROMOTIONS PLAN
- DISTRIBUTION PLAN
- SECTION VII – OPERATIONS PLAN
- GENERAL APPROACH TO PRODUCTION
- TECHNICAL ANALYSIS / PRODUCTION PROCESS
- EQUIPMENT
- PACKAGING REQUIREMENTS
- SECTION VIII – FINANCIAL PLAN
- REVENUE MODEL
- FINANCIAL ANALYSIS
- FINANCIAL ASSUMPTIONS
- FINANCE CHARGES
- FINANCIAL PROJECTIONS
- FUNDING REQUIREMENTS/USE OF FUNDS
- CRITICAL ASSUMPTIONS
SECTION 2(Feasibility study section)
- FINANCIAL MODELS
- SUMMARY OF PROJECT COST
- BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
- DEPRECIATION
- UTILITIES
- OPERATING EXPENSES (OPEX)
- TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
- FINANCING PLAN
- INSTALLED / AVAILABLE EQUIPMENT
- BREAK-EVEN ANALYSIS
- LOAN REPAYMENT SCHEDULE AND INTEREST PAID
- FORECAST OF PROFIT AND LOSS
- CASH FLOW
- BALANCE SHEET
- GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
- BUSINESS RATIOS - PROFITABILITY ANALYSIS
- CONCLUSION
- SECTION 3 – APPENDIX
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· NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.
· BUT, WE are permitted to display only executive summary.
· This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.
· 1st sample;
These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.
Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.
Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.
After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.
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