40+ SAMPLE Agriculture Business Plan in PDF | MS Word

Agriculture business plan | ms word, 40+ sample agriculture business plan, what is an agriculture business plan, benefits of agriculture business plan, tips on agriculture business plan, how to write an agriculture business plan, what is the use of an agriculture business plan, is there a great income in an agriculture business.

Agriculture Farm Business Plan

Agriculture Farm Business Plan

Farm Business Plan

Farm Business Plan

Organic Farm Business Plan

Organic Farm Business Plan

Draft Farm Business Plan

Draft Farm Business Plan

Small Farm Business Plan

Small Farm Business Plan

Simple Farm Business Plan

Simple Farm Business Plan

Vegetable Farm Business Plan

Vegetable Farm Business Plan

Agri Business Plan

Agri-Business Plan

Farm Business Succession Plan

Farm Business Succession Plan

Sample Agriculture Business Plan

Sample Agriculture Business Plan

Hop Farming Business Plan

Hop Farming Business Plan

Farm Tour Business Plan

Farm Tour Business Plan

Partnership Business Plan for Farm

Partnership Business Plan for Farm

Farm Business Planning Model

Farm Business Planning Model

Community Farm Business Plan

Community Farm Business Plan

Urban Farm Business Plan

Urban Farm Business Plan

Agriculture Farms Business Plan

Agriculture Farms Business Plan

Organic Farm Agriculture Business Plan

Organic Farm & Agriculture Business Plan

Sustainable Agriculture Farm Business Plan

Sustainable Agriculture Farm Business Plan

Agriculture and Forestry Business Plan

Agriculture and Forestry Business Plan

Value Added Agriculture Business Plan

Value Added Agriculture Business Plan

Agriculture Sector Business Plan

Agriculture Sector Business Plan

Elements of Agriculture Business Plan

Elements of Agriculture Business Plan

New Farmers Business Plan

New Farmers Business Plan

Agricultural Producers Business Plan

Agricultural Producers Business Plan

Agricultural and Business Management Business Plan

Agricultural and Business Management Business Plan

Beginning Farmer Business Plan

Beginning Farmer Business Plan

Agricultural Co operatives Business Plan1

Agricultural Co-operatives Business Plan

Agricultural Business Plan Example

Agricultural Business Plan Example

Standard Agricultural Business Plan

Standard Agricultural Business Plan

Agricultural Entrepreneurs Business Plan

Agricultural Entrepreneurs Business Plan

Agricultural Sales 3 Year Business Plan

Agricultural Sales 3 Year Business Plan

Agricultural Innovation Business Plan Request Proposal

Agricultural Innovation Business Plan Request Proposal

Agricultural Business Digital Marketing Plan

Agricultural Business Digital Marketing Plan

Precision Agricultural Business Plan

Precision Agricultural Business Plan

Food Hub Business Plan

Food Hub Business Plan

Produce Farm Business Plan

Produce Farm Business Plan

Agriculture Business Initiative Plan

Agriculture Business Initiative Plan

Pilot Framers Business Plan

Pilot Framers Business Plan

Agricultural Enterprise Business Plan

Agricultural Enterprise Business Plan

Sustainable Agriculture Farm Business Plans

Sample Sustainable Agriculture Farm Business Plan

Step 1: create an executive summary, step 2: set goals and objectives, step 3: make an introduction, step 4: give a mission statement, step 5: state your company history, step 6: make a competitor analysis and create a plan, share this post on your network, you may also like these articles.

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[Pdf Sample] Integrated Farming Business Plan Docx

Are you interested in venturing into the world of integrated farming? Are you looking for a comprehensive business plan that will guide you through the process? Look no further! In this article, we will provide you with a detailed integrated farming business plan sample in PDF format.

Integrated farming combines multiple agricultural activities, allowing for synergy and sustainability. So let’s dive in and explore this exciting business opportunity.

[Pdf Sample] Integrated Farming Business Plan Proposal Docx

To write a business plan , here is a breakdown of how it should be structured and what should be in each category. After this instruction, I will provide you with a sample of one I wrote for my farm also subsequently as we go, so, let us go:

In this section, we will provide a brief overview of the integrated farming business plan. We will discuss the key objectives, target market, and advantages of implementing an integrated farming system .

Introduction

In the introduction, we will delve into the concept of integrated farming and its significance in modern agriculture. We will explore how integrated farming promotes sustainable practices , maximizes resource utilization, and reduces environmental impact. Furthermore, we will highlight the potential profitability of integrated farming ventures.

Read Also:  [Pdf Sample] Livestock Farming Business Plan Docx

Market Analysis

We will identify the target audience, analyze market trends, and evaluate the competitive landscape. Understanding consumer preferences and market demand will allow you to tailor your integrated farming business to meet market needs effectively.

Farm Selection

Farm infrastructure.

Building an efficient and functional infrastructure is essential for integrated farming operations. In this section, we will outline the necessary facilities and equipment required for crop production, livestock management, and value-added product processing. We will also emphasize the importance of sustainable practices in the design and construction of farm infrastructure.

Crop Production

Read Also:  [Pdf Sample] Business Plan For Poultry And Fish Farming Docx

Livestock Management

Integrating livestock into your farming system offers additional revenue streams. This section will focus on livestock selection, breed management, feeding techniques, and disease control measures. We will discuss the benefits of raising animals in conjunction with crop production and explore the concept of symbiotic relationships in integrated farming .

Value-Added Products

Marketing and sales.

A successful integrated farming business requires effective marketing and sales strategies. We will discuss the importance of branding, online presence, and networking in promoting your products. Furthermore, we will explore different distribution channels, including direct sales, farmers’ markets, local stores, and online platforms.

Financial Projections

Risk assessment.

Here is the download link to Integrated Farming Business Plan Pdf

Integrated Farming System (IFS) Model:

Integrated Farming System (IFS) is a holistic approach to farming that combines various agricultural components and practices to optimize resource utilization, increase productivity, and enhance sustainability. It involves integrating crop production, livestock management, agroforestry, aquaculture, and other complementary activities on a farm.

Goals of IFS:

The goals of Integrated Farming System (IFS) are multi-fold:

The 5 P’s in IFS:

The 5 P’s in Integrated Farming System (IFS) represent the key components of the system:

Piggery: Pig farming contributes to organic waste management, manure production, and income generation through pork production.

The 6 C’s of IFS:

The 6 C’s in Integrated Farming System (IFS) represent the principles and practices that guide its implementation:

Crop rotation: Regularly changing the crops grown in a systematic sequence helps improve soil fertility, reduces pest and disease pressure, and optimizes resource utilization.

Conservation: Implementing conservation practices like agroforestry, contour farming, and water management techniques help preserve natural resources and protect the environment.

Commerce: Integrating value-added activities, market-oriented production, and efficient marketing strategies enhance profitability and market competitiveness.

Beneficiaries of IFS:

Consumers: IFS offers consumers access to safe, nutritious, and sustainably produced agricultural products, meeting their preferences for organic and environmentally friendly choices.

Government and Society: IFS aligns with national goals of food security, sustainable agriculture , and rural development, offering potential economic and environmental benefits to society as a whole.

Conclusion:

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Beginning Farmers

Farm Business Planning

Farm Business Planning is key to beginning farmer success.

It helps beginning farmers :

  • Plan for the economic sustainability of a new farm enterprise.
  • Obtain funding to purchase land, equipment and other resources from lending institutions, investors and/or grant making agencies.
  • Articulate what their farm will look like.

On this page, we compiled free farm business planning resources to help you understand what a formal business plan is, and how to start planning your farm business. Sections include:

  • Developing a Farm Business Plan
  • Enterprise Budgeting

Enterprise budget resources are included on the farm business planning page because such tools are usually essential in helping you to develop your business plan.

Planning your farm business involves more than is outlined on this page alone. You’ll probably also be interested in funding (loans/grants) , farm incorporation , and risk management . Our  starting a farm page is worth visiting first. Also, you might find the following article helpful, because it touches on many farm business planning topics: Farm Products, What to Charge: Marketing, Price, Calculating Costs, Strategy and Much More .

developing a farm plan

1. Developing a Farm Business Plan

A  business plan  is a decision making tool that takes the form of a formal document. It states your business goals, why you think you can achieve them, and lays out your plan for doing so. Farm business planning is also a process, not an end product. A business plan is a work in progress, which farm business owners or operators will want to revisit regularly. 

Planning and Funding Your Farm Business  from the Cornell University Small Farms Project has lots of important and useful farm business planning resources.

Rural Businesses  is a web and print publication from the Minnesota institute for Sustainable Agriculture (MISA).

Building a Business Plan for Your Farm: Important First Steps  is a 20 page farm business planning publication that discusses the initial steps to help you move toward writing a formal business plan.

The Center for Agroecology has a Small Farm Business Planning publication that goes over many of the basics in a step by step format.

Building a Sustainable Business: A Guide to Developing a Business Plan for Farms and Rural Businesses is a farm business planning publication available from SARE.

Do I need a Business Plan for my Farm? is a web resource from the New England Small Farm Institute. It’s a great place to get started.

AgPlan  from the University of Minnesota helps rural business owners develop a business plan for free, while also offering sample business plans for ideas, and a way to print or download your plan.

Developing a Farm Business Plan includes several helpful resources from the USDA National Agricultural Library’s Rural Information Center.

Organic Farm Business Planning Page  from North Carolina State University features a number of publications and links related to financial planing for organic farmers.

Agricultural Business Planning Templates and Resources   is an ATTRA publication most relevant to smaller-scale or alternative agricultural entrepreneurs.

Beginning Farmer and Rancher Resources offers comprehensive resources on Bookkeeping and Other Basics ; Cash Flow Budgeting and Managing Debt ; Small Farm and Ranch Income Taxes , and more.

Purdue University’s Center for Food and Agricultural Business  has educational resources to explore, such as the New Ventures in Food and Agriculture in Indiana , which offers business planning assistance.

Purdue University Cooperative Extension offers strategic farm business planning tools for commercial farm producers.

Penn State University College of Agricultural Sciences has many Business Planning tools and information.  Penn State Cooperative Extension has a Developing a Business Plan page. Penn State also has a Farm Business Plan Template that allows you to plug in your information and create a basic business plan.

The U.S. Small Business Administration  works with local partners to counsel, mentor and train small businesses. It is worth getting to know their programs and connect with your local office.

The Martindale Center Reference Desk has an extensive  compilation of links to calculators, applets, spreadsheets, courses, manuals, handbooks, simulations, animations, videos and more. Martindale’s Agriculture Center can be of great use to farmers making business plans.

stacks of cash and money

2. Enterprise Budgets

Enterprise budgets project costs and returns for a particular farm production practice. You can use enterprise budgets to make smart business management decisions, and to help you develop a viable business plan.

Enterprise Budgeting Tools of all sorts from the Agricultural Marketing Resource Center, including organic crop budgeting tools, many vegetable budgeting tools, the crop conversion tool for side-by-side crop comparisons, specialty crop and livestock budgets, hydroponics budgets, wind calculators, composting calculators, manure calculators, distillers grain budgets, biomass calculators and specialty foods calculators.

Introduction to Farm Planning Budgets for New and Beginning Farmers (Virginia Tech)

Importance and Use of Enterprise Budgets in Agriculture   (University of Nevada)

Enterprise Budgeting (Kerr Center)

Organic Specific Enterprise Budgets

  • Enterprise Budgets and Production Costs for Organic Production (ATTRA)
  • Organic Crop Production Enterprise Budgets and Information   (Iowa State)
  • Organic Enterprise Budget (Kansas Rural Center)

More Enterprise Budget Pages and Information

  • Enterprise Budgets List (Virginia Cooperative Extension)
  • Dairy Sheep Enterprise Budget (Center for Integrated Ag Systems, UW-Madison)
  • Crop Budgets (University of Maryland)
  • Farm Management Enterprise Budgets (Ohio State)
  • Alabama Enterprise Budget Summaries (Alabama A&M and Auburn) 
  • Start developing your business plan with the resources at   https://www.beginningfarmers.org/farm-business-planning/
  • You can find more gr eat farming resources at   https://www.beginningfarmers.org/additional-farming-resources/

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How to Start a Farm: Plan Your Operation

Think about your operation from the ground up and start planning for your business.  A good farm business plan is your roadmap to start-up, profitability, and growth, and provides the foundation for your conversation with USDA about how our programs can complement your operation. 

Keep reading about planning your business below, get an overview of the beginning farmer's journey , or jump to a different section of the farmer's journey.

On This Page

Why you need a farm business plan.

A comprehensive business plan is an important first step for any size business, no matter how simple or complex. You should create a strong business plan because it:

  • Will help you get organized . It will help you to remember all of the details and make sure you are taking all of the necessary steps.
  • Will act as your guide . It will help you to think carefully about why you want to farm or ranch and what you want to achieve in the future. Over time, you can look back at your business plan and determine whether you are achieving your goals.
  • Is required to get a loan . In order to get an FSA loan, a guarantee on a loan made by a commercial lender, or a land contract, you need to create a detailed business plan . Lenders look closely at business plans to determine if you can afford to repay the loan.

How USDA Can Help

Whether you need a good get-started guide, have a plan that you would like to verify, or have a plan you’re looking to update for your next growth phase, USDA can help connect you to resources to help your decisions.

Your state's beginning farmer and rancher coordinator  can connect you to local resources in your community to help you establish a successful business plan. Reach out to your state's coordinator for one-on-one technical assistance and guidance. They can also connect you with organizations that specifically serve beginning farmers and ranchers.

It is important to know that no single solution fits everyone, and you should research, seek guidance, and make the best decision for your operation according to your own individual priorities.

Build a Farm Business Plan

There are many different styles of business plans. Some are written documents; others may be a set of worksheets that you complete. No matter what format you choose, several key aspects of your operation are important to consider.

Use the guidelines below to draft your business plan. Answering these kinds of questions in detail will help you create and develop your final business plan. Once you have a business plan for your operation, prepare for your visit to a USDA service center. During your visit, we can help you with the necessary steps to register your business and get access to key USDA programs.

Business History

Are you starting a new farm or ranch, or are you already in business? If you are already in business:

  • What products do you produce?
  • What is the size of your operation?
  • What agricultural production and financial management training or experience do you, your family members, or your business partners have?
  • How long have you been in business?

Mission, Vision, and Goals

This is your business. Defining your mission, vision and goals is crucial to the success of your business. These questions will help provide a basis for developing other aspects of your business plan.

  • What values are important to you and the operation as a whole?
  • What short- and long-term goals do you have for your operation?
  • How do you plan to start, expand, or change your operation?
  • What plans do you have to make your operation efficient or more profitable ?
  • What type of farm or ranch model (conventional, sustainable, organic, or alternative agricultural practices) do you plan to use?

Organization and Management

Starting your own business is no small feat. You will need to determine how your business will be structured and organized, and who will manage (or help manage) your business. You will need to be able to convey this to others who are involved as well.

  • What is the legal structure of your business? Will it be a sole proprietorship, partnership, corporation, trust, limited liability company, or other type of entity?
  • What help will you need in operating and managing your farm or ranch?
  • What other resources, such as a mentor or community-based organization , do you plan to use?

Marketing is a valuable tool for businesses. It can help your businesses increase brand awareness, engagement and sales. It is important to narrow down your target audience and think about what you are providing that others cannot.

  • What are you going to produce ?
  • Who is your target consumer ?
  • Is there demand for what you are planning to produce?
  • What is the cost of production?
  • How much will you sell it for and when do you expect to see profit ?
  • How will you get your product to consumers ? What are the transportation costs and requirements?
  • How will you market your products?
  • Do you know the relevant federal, state, and local food safety regulations? What licensing do you need for your operation?

Today there are many types of land, tools, and resources to choose from. You will need to think about what you currently have and what you will need to obtain to achieve your goals.

  • What resources do you have or will you need for your business?
  • Do you already have access to farmland ? If not, do you plan to lease, rent, or purchase land?
  • What equipment do you need?
  • Is the equipment and real estate that you own or rent adequate to conduct your operation? If not, how do you plan to address those needs?
  • Will you be implementing any conservation practices to sustain your operation?
  • What types of workers will you need to operate the farm?
  • What additional resources do you need?

Now that you have an idea of what you are going to provide and what you will need to run your operation you will need to consider the finances of your operation.

  • How will you finance the business?
  • What are your current assets (property or investments you own) and liabilities (debts, loans, or payments you owe)?
  • Will the income you generate be sufficient to pay your operating expenses, living expenses, and loan payments?
  • What other sources of income are available to supplement your business income?
  • What business expenses will you incur?
  • What family living expenses do you pay?
  • What are some potential risks or challenges you foresee for your operation? How will you manage those risks?
  • How will you measure the success of your business?

Farm Business Plan Worksheets

The Farm Business Plan Balance Sheet can help gather information for the financial and operational aspects of your plan.

Form FSA-2037 is a template that gathers information on your assets and liabilities like farm equipment, vehicles and existing loans.

  • FSA-2037 - Farm Business Plan - Balance Sheet
  • FSA-2037 Instructions

Planning for Conservation and Risk Management

Another key tool is a conservation plan, which determines how you want to improve the health of your land. A conservation plan can help you lay out your plan to address resource needs, costs and schedules.

USDA’s Natural Resources Conservation Service (NRCS) staff are available at your local USDA Service Center to help you develop a conservation plan for your land based on your goals. NRCS staff can also help you explore conservation programs and initiatives, such as the Environmental Quality Incentives Program (EQIP) .

Conservation in Agriculture

Crop insurance, whole farm revenue protection and other resources can help you prepare for unforeseen challenges like natural disasters.

Disaster Recovery

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Special Considerations

Special considerations for businesses.

There are different types of farm businesses each with their own unique considerations. Determine what applies to your operation.

  • Organic Farming  has unique considerations. Learn about organic agriculture , organic certification , and the  Organic Certification Cost Share Program  to see if an organic business is an option for you. NRCS also has resources for organic producers and offers assistance to develop a conservation plan.
  • Urban Farming  has special opportunities and restrictions. Learn how USDA can help farmers in urban spaces .
  • Value-Added Products . The Agricultural Marketing Resource Center (AgMRC) is a national virtual resource center for value-added agricultural groups.
  • Cooperative.  If you are interested in starting a cooperative, USDA’s Rural Development Agency (RD) has helpful resources to help you begin . State-based  Cooperative Development Centers , partially funded by RD, provide technical assistance and education on starting a cooperative.

Special Considerations for Individuals

Historically Underserved Farmers and Ranchers: We offer help for the unique concerns of producers who meet the USDA definition of "historically underserved,"  which includes farmers who are:

  • socially disadvantaged
  • limited resource
  • military veterans

Women: Learn about specific incentives, priorities, and set asides for  women in agriculture within USDA programs.

Heirs' Property Landowners: If you inherited land without a clear title or documented legal ownership, learn how USDA can help Heirs’ Property Landowners gain access to a variety of programs and services

Business Planning

Creating a good business plan takes time and effort. The following are some key resources for planning your business.

  • Farm Answers from the University of Minnesota features a library of how-to resources and guidance, a directory of beginning farmer training programs, and other sources of information in agriculture. The library includes business planning guides such as a Guide to Developing a Business Plan for Farms and Rural Businesses and an Example Business Plan .
  • The Small Business Administration (SBA) offers information about starting, managing, and transitioning a business.

SCORE is a nonprofit organization with a network of volunteers who have experience in running and managing businesses. The Score Mentorship Program partners with USDA to provide:

  • Free, local support and resources, including business planning help, financial guidance, growth strategies.
  • Mentorship through one-on-one business coaching -- in-person, online, and by phone.
  • Training from subject matter experts with agribusiness experience.
  • Online resources and step-by-step outlines for business strategies.
  • Learn more about the program through the Score FAQ .

Training Opportunities

Attend field days, workshops, courses, or formal education programs to build necessary skills to ensure you can successfully produce your selected farm products and/or services. Many local and regional agricultural organizations, including USDA and Cooperative Extension, offer training to beginning farmers.

  • Cooperative Extension  offices address common issues faced by agricultural producers, and conduct workshops and educational events for the agricultural community.
  • extension.org  is an online community for the Cooperative Extension program where you can find publications and ask experts for advice.

Now that you have a basic plan for your farm operation, prepare for your visit to a USDA service center.

2. Visit Your USDA Service Center

How to Start a Farm with USDA

Get an  overview of the beginning farmer's journey  or jump to a specific page below.

Find Your Local Service Center

USDA Service Centers are locations where you can connect with Farm Service Agency, Natural Resources Conservation Service, or Rural Development employees for your business needs. Enter your state and county below to find your local service center and agency offices. If this locator does not work in your browser, please visit offices.usda.gov.

Learn more about our Urban Service Centers . Visit the Risk Management Agency website to find a regional or compliance office  or to find an insurance agent near you.

StartupBiz Global

Starting Maize Farming Business Plan (PDF)

Maize Farming Business Plan

Maize, also known as corn, is one of the most notable grain or cereal crops in the world.  After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to those dynamics. Maize is relatively hassle-free to grow, handle, and store. Maize is also known as corn. In some countries, particularly Africa, maize is a staple food. Maize is grown widely in Africa, Americas, and Asia. So there is quite a huge demand for the food crop and its many products which is why it makes business sense to start a maize farming business. In this article we shall be looking at some essential knowledge areas that you must acquaint yourself with before you start the maize farming business, and the maize farming business plan – PDF, Word and Excel.

Maize farming is a lucrative business, providing income for millions of people, but there are some essential decisions that you need to make before you venture into the corn farming business. You have to make a decision on how many hectares you want to farm, which type of maize you will farm, which season you are going to plant your maize, and your target market. These choices will be affected by the amount of capital you have, and the size of your target  market.  If you do not have a lot of capital, you can always start small and grow your maize farming business overtime. You also need to carry out market research (Who are you going to sell the maize/corn to? At what price?) and write a corn farming business plan before you venture into the business. As indicated earlier, maize is also known as corn in other parts of the world.

Business Model

At a basic level, maize is cultivated for subsequent sale as grains or green mealies. These green mealies can be cooked or roasted. Then from post-harvest, the list of monetization approaches widens. The grain can be sold to millers who in turn process it into a wide assortment of food products including maize meal. You could even do the milling yourself and sell the end product. You can solely focus on cultivating maize seed. In countries where maize is the staple food, there is huge market of direct customers. As in, there are countless people looking to purchase maize for various uses.

Maize is an important industrial raw material so you can make money from that. For instance, maize is used in the production of alcohol and biofuels. You can sell to livestock feed producers; maize is a major ingredient of livestock feeds. Maize has global economic value so you can export it. There are significantly more returns from exporting your maize, especially to neighbouring countries. Numerous niching options when it comes to maize farming. That is why there are many business model options to pick from.

Land for Maize Farming Business

Type of soil is an important factor for a good maize harvest. Maize can be grown in a variety of soil types.  However it needs soil which is fertile and well drained. Another important factor is the pH of the soil, as it affects the availability of nutrients. Maize/Corn grow well in soil with pH of between 6-7. If the pH is lower than this, the maize produced will be of poor quality, and it may experience abnormal growth. Thus the pH of soil for maize should be close to neutral or slightly acidic. If the pH is too acidic, lime should be added to increase the pH of the soil to between pH 6-7. Other properties of good soil for maize include: sufficient and balanced quantities of plant nutrients, good internal soil drainage, good moisture, and good effective depth of the soil.  It is important that before you start farming maize/corn on your farm, you check whether the soil is suitable for maize farming. Your  corn farming business plan should take into account the cost of purchasing or renting the land.

Machinery and Equipment for Maize Farming

Land preparation must be properly done to ensure the soil is ready for the maize. The type of machinery and equipment needed for your maize farming business depends on the scale of production. For small scale this can be done using hand-held equipment whereas for medium to large scale heavy machinery such as tractors are needed.  Machinery and equipment which maybe needed include tractors, combine harvesters, fertilizer spreader equipment, irrigation equipment, spray equipment etc. Most farmers usually hire big machinery like tractors when they want to use them, rather than purchasing them outright as they are expensive.

Adequate water supply is also important meaning that irrigation maybe necessary. However maize farming can also be done without irrigation in areas which have a good supply of rainfall.  There may also be need of grid hydroelectricity energy for the irrigation systems, standby diesel generators for use during power outages, or solar powered irrigation systems. Farmers especially in the rural areas who do not have the modern farming equipment use animal drawn equipment in maize farming. The higher the level of mechanization at your corn farm, the higher the efficiency of your operations, and the profitability of your maize farming business. The maize farming business plan should include the costs of acquiring and hiring the various machinery and equipment.

Maize Farming Inputs

You require various farming inputs when doing maize farming. You start maize farming by planting maize seeds. Ensure that you use high quality maize seed from certified maize seed companies. It’s unwise to buy cheap, poor quality maize seeds as that will lead to poor harvest yield and low quality maize produce.

Fertilizers are also essential during maize farming as they support the growth of the maize by providing nutrients. The amount and type of fertilizers needed for maize farming depend on the fertility of the soil and the target yield. The most important nutrients for maize farming are Nitrogen and Phosphorous. Potassium and Zinc are also required.  Organic matter is also needed in maize farming. This can be in the form of compost, decayed leaves, animal manure etc. The functions of organic matter in maize farming include: increasing soil fertility, positively influencing the moisture level & temperature of the soil, increasing the soil friability and increasing the amount of decomposers organisms in the soil. Organic matter also increases the capacity of the soil to retain water and nutrients. It’s a soil conditioner.

Other essential maize farming inputs include herbicides, for effective weed control at your farm. Pesticides and fungicides are required for protecting your maize/corn plants against insects and fungi. Diligent measures must be put in place to fight against pests, diseases and weeds.  The costs of acquiring all these inputs should be included in your corn/maize farming business plan.

Pest And Disease Management

Field pests.

The most common field pests in maize farming are aphids, army worms, cutworms, leaf hoppers, and termites. Getting rid of these pests relies heavily on early detection and interventions. The first defence is proper land preparation and regular weed control. This alone can avoid incidences of pest insect pest infestations. Then as a rule of thumb you must always inspect your maize crop daily. Once you notice any insect pests you use chemical methods such as insecticides.

Animal Pests

These animal pests feed on the maize crop thus destroying the crop. Examples are pigs, rodents, baboons, monkeys, and birds, amongst others. Warding off most these animal pests requires robust physical security e.g. perimeter fences. You can also consider having people who scare off the animal pests. Scarecrows have also proven to be very effective in keeping animal pests away.

Storage Pests

In maize farming you need to know there are 2 main groups of storage pests. These are primary pests, secondary pests. The former attach healthy grain whereas the latter attacks damaged or vulnerable grain. Examples are weevils and larger grain borer. An important consideration in the fight again storage pests in maize farming is the temperature. Maintaining dryness also discourages the breeding of pests. No wonder before storing maize you must ensure it is adequately dried up. The presence of moisture and dirt promote pest development – that is why hygiene is important.

The most common diseases in maize farming are fungal and viral diseases. Notable fungal diseases are gray leaf spot, leaf blight, root rot common rust, head smut, and downy mildew. Fungal diseases are often aggressive. Once they set in, any delay in taking action leads to colossal losses. That is why it is important to avoid them in the first place.

One way to avoid them is deliberately cultivating hybrid maize varieties. Another way is to ensure there is no waterlogging and dirt lying around. If the fungal diseases do emerge, immediately use fungicides to get rid of them. The same applies for viral diseases; they are best prevented. Effective pest control helps prevent viral diseases since pests are usually the culprits in transmission.

Farm Workers

This depends on your scale of maize production and also your level of mechanisation. Significant mechanisation tends to reduce the number of workers you will need. However, it is not usually that hard to find cost-effective human resources on a contractual basis. So you will need to hire part time farm workers as and when necessary. The duties of the maize farm workers include cultivating the land, ploughing, planting, irrigation, applying manure & fertilizer on the land, weed & pest control, harvesting. The maize farming business plan should cater for the costs of paying all your employees.

Capital for Maize Farming Business

This depends on the scale of maize production and level of mechanisation amongst other factors. You can get a loan from the bank, or funding from investors, to use as capital to start your maize farming business. If you plan to raise capital from investors and a loan from the bank, you need a good maize farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Maize farming is profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a maize farming business plan to guide you in starting and operating the business. It is essential for you to have a maize/corn farming business plan before you venture into the maize farming business, so that you know all the costs involved and you make an informed decision.

Harvesting And Storage Of Maize

Harvesting maize.

You can carry out maize harvesting using manual techniques or mechanical techniques. Manual techniques often entail the use of hands. Mechanical techniques often entail the use of combine harvesters. When the maize is around 20 percent moisture level it is ready to be harvested. That moisture level must drop to around 12 percent before the maize can be stored. That is why the maize grain will have to undergo some drying process prior to storage. Drying can be done naturally using the sun or artificially e.g. using heated air.

Storage Of Maize

You can store your maize in a bulky state or you can pack the grain into sacks or bags. It is important to ensure optimum grain moisture levels are reached first. You must also properly sort the grain to eliminate damaged or diseased grain. For long term storage, the grain will need to be chemically treated to protect from pests and diseases.

The market is huge and actually needs more players to start maize farming businesses. The demand for maize is very high, individuals consume maize and products processed from maize. Maize meal and Maize flour is used in meals all over the world. Maize is not just for human consumption but also for animal consumption. Maize is used in stock feed production for livestock production. The starch from the maize is used for a long list of things such as cosmetic products, adhesives, paints, inks, and medical drugs amongst many others. In some countries there are grain marketing entities. These entities buy maize directly from farmers. These provide the easiest way to get your maize purchased with little to no marketing effort. You can also take advantage of farmers’ markets to market your maize. The internet and social media platforms are also effective in generating leads. You can also approach potential bulk clients such as millers, manufacturers, and distributors. Some continents such as Africa actually import large quantities of maize annually.  However there are vast patches of arable land on the continent.  There are so many talking points on this but the relevant one for this subject is about potential. This means the market is not being adequately served by the local maize farmers. Market-wise it is a foregone conclusion that the market is vast and limitless. The maize business plan ought to include a proper marketing plan to use in your maize farming business.

Corn Farming Business Plan

Keys To Profitability

Choosing the right soil or improving it is pertinent (especially fertility). Comprehensive land preparation is also important in optimizing the soil. Choose the right maize variety, especially hybrid ones that have high yields and disease resistance. See to it that you actively monitor and deal with pests and diseases. Your storage regime of the maize grain must be done properly. Most losses in maize farming are post-harvest so be vigilant. Your choice of planting time must be carefully considered. It must be cognizant of weather implications and market demand dynamics. Adequate water availability is imperative but whilst ensuring there is sufficient drainage.

Pre-Written Maize Farming Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements

For an in-depth analysis of the maize farming business, we encourage you to purchase our well-researched and comprehensive maize farming business plan. We introduced the business plans after discovering that many were venturing into the maize production business without enough knowledge and understanding of how to run the maize/corn farming business, how to farm the maize, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

The StartupBiz Global maize/corn farming business plan will make it easier for you to launch and run your maize farming business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the maize business.

Uses of the Maize Farming Business Plan (PDF, Word And Excel)

The maize business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your maize farming business
  • As a maize farming business proposal
  • Assessing profitability of the maize farming business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

Contents of the Maize Business Plan (PDF, Word And Excel)

The maize farming business plan include, but not limited to:

  • Marketing Strategy
  • Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
  • Risk Analysis
  • Industry Analysis
  • Market Analysis
  • SWOT & PEST Analysis
  • Operational Requirements (Including technical aspects of how to farm the maize, inputs requirements etc)
  • Operational Strategy
  • Why some people in the maize farming business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your maize farming business

The Pre-written maize farming business plan package consist of 4 files

  • Maize Farming Business Plan – PDF file (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan – Editable Word File (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 41 pages)
  • Maize Farming Business Plan Automated Financial Statements – (Editable Excel File)

The business plan can be used in any country and can be easily edited. The financial statements are automated. This implies that you can change eg the number of hectares, selling price of  the maize etc, and all the other financial statements will automatically adjust to reflect the change.

Click below to download the Contents Page of the Maize Farming Business Plan (PDF)

maize farming business plan pdf

Testimonial 3

I was extremely lucky to come across StartupBiz Global. Their business plan exceeded my expectations, and most importantly I was able to secure a loan from my bank. Thank you guys, now my dreams are coming true!

Testimonial 1

StartupBiz Global provided a very professional and comprehensive business plan which I used for my business. The business plan was easy to edit, and I was able to get the funding which I wanted. I highly recommend their business plans.

Testimonial 7

I found Startupbiz Global online when I was in desperate need of a business plan. I was overwhelmed by the quality of the business plan, it’s comprehensive and well researched! I did not have to wait to get the business plan, I got it instantly after payment. I highly recommend Startupbiz Global, and would happily use them again in the future.

Testimonial 2

Many thanks for your incredibly efficient service and thorough business plan. I am very impressed with the business plan. Before I bought the business plan, I tried to do my own business plan – it was such a nightmare and it turned out badly, also not to mention the stress it caused me. I wish I knew about your website earlier!

Testimonial 8

Just wanted to say I am very happy with the business plan and I will gladly recommend your products, thank you very much and have a great day.

Testimonial 4

The business plan which I purchased from your website saved me TIME and MONEY! The layout of the business plan was excellent. The financial statements were detailed and easy for me to edit. I will come back to purchase another business plan soon.

Testimonial 6

I purchased a business plan from you, and I’m glad to inform you that I was able to get my loan, and I’m starting my poultry farming business on the 1 st of July. This was made possible because of your business plan. Thank you very much, you made my dream come true.

Testimonial 5

I was able to understand the business side of farming because of your business plan. You did extensive research; the business plan was well prepared and fully detailed.  It made everything clear, and I have somewhere to start now. I am confident that I am going to succeed in my business because of the guidance from your business plan.

Get the Maize Farming Business Plan (PDF, Word And Excel)

Click Buy Now  below to purchase using Paypal, Credit Card, or Debit Card. After you have purchased, you will immediately see the download link for the business plan package on the screen. You will also immediately get an email with the business plan download link. The Pre-written business plan package (PDF, Word, and Excel) costs $30 only!

Maize Business Plan

If you want to purchase multiple business plans at once then click here: Business Plans Store.

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

We wish you the best in your maize farming business! Check out our collection of business plans  , and more business ideas .

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Agriculture Business Plan Template

Written by Dave Lavinsky

business plan on crop production pdf

Agriculture Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and farm owners create business plans to start and grow their agricultural companies.

If you’re unfamiliar with creating an agriculture or farm business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a good business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write an agriculture business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is an Agriculture Business Plan?

A business plan provides a snapshot of your agricultural business as it stands today, and lays out your growth plan for the next five years. It is a valuable tool that explains your business goals and your strategies for reaching them. It also includes market research to support your plans.  

Why You Need a Business Plan for an Agriculture Business

If you’re looking to start an agricultural business or grow your existing agricultural company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your farm to improve your chances of success. Your agricultural business plan is a living document that should be updated annually as your company grows and changes.  

Sources of Funding for Agricultural Businesses

With regard to funding, the main sources of funding for an agricultural business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review a comprehensive business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for agricultural companies.

    Finish Your Business Plan Today!

How to write a business plan for an agricultural business.

If you want to start an agricultural business or expand your current one, you need a business plan. A good farm business plan should include 10 sections as follows:

Executive Summary

Company overview, industry analysis, customer analysis, competitive analysis, marketing plan, operations plan, management team, financial plan.

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan. The goal of your executive summary is to quickly engage the reader. Explain to them the kind of farm business you are running and the status. For example, are you a startup, do you have an agricultural business that you would like to grow, or do you have a farming operation that you would like to sell? Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the agricultural industry.
  • Discuss the type of farm you are operating.
  • Detail your direct competitors. Give an overview of your target customers.
  • Provide a snapshot of your marketing strategy. Identify the key members of your team.
  • Offer an overview of your financial plan.

In your company overview, you will detail the type of agricultural production you are operating.

For example, you might specialize in one of the following types of agricultural businesses:

  • Animal feed manufacturing : the production and sale of food formulas for farm animals.
  • Agrichemical and seed manufacturing : the production and sale of agrichemicals (e.g., fertilizers, pesticides, and fungicides) and seeds to farmers that support the growth of their crops.
  • Agricultural engineering : development, testing, and implementation of new agriculture tools and machinery to improve the process for farmers.
  • Biofuel manufacturing : the production of energy from biomass.
  • Crop production : the process of growing and harvesting a variety of crops such as fruits, vegetables, and grains.

In addition, the company overview needs to provide information about the business history.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include reaching X number of harvests per year, the number of customers served, or reaching $X amount in revenue.
  • Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

In your industry or market analysis, you need to provide an overview of the agricultural industry. While this may seem unnecessary, it serves multiple purposes.

First, researching the agricultural industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies industry trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in this section:

  • How big is the agricultural industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your agricultural business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

The customer analysis section must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, families, and corporations.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of agricultural business you operate. Clearly, schools would respond to different marketing promotions than corporations, for example.

Try to break out your target market into segments in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target audience. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

Finish Your Agriculture Business Plan in 1 Day!

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Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other farms and agricultural producers.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes other types of farmers, wholesalers, and distributors.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

  • What types of customers do they serve?
  • What type of agricultural business are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you make it easier for your customers to engage with you?
  • Will you offer products or services that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For an agriculture business, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of agricultural company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you produce fruit, soy, or vegetable products?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.

Place : Place refers to the site of your agricultural company. Document where your company is situated and mention how the site will impact your success. For example, is your agricultural business located on a small or large farm near your customer base? And, will you operate one or multiple locations? Discuss how your site might be the ideal location for your customers.

Promotions : The final part is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites
  • Distribute flyers
  • Attend farmers markets
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your farm business, including scheduling employees, tracking inventory, accepting orders and payments, and meeting with customers.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to reach your Xth harvest, or when you hope to generate $X in revenue. It could also be when you expect to expand your farm business to a new region.

To demonstrate your potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing agricultural businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing an agriculture business, or owning their own farm.

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, how many pounds of each crop do you plan to yield each season? And what is your sales strategy to grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your farm business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a farm business:

  • Cost of farm equipment and supplies
  • Operating expenses
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up costs (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your farm’s location lease or a list of agricultural equipment and machinery used on your farm.  

Free Business Plan Template for a Farm or Agriculture Business

You can download our farm business plan PDF template here.  

Agriculture Business Plan Summary

Putting together a business plan for your agriculture business will improve your company’s chances of success. The process of developing your plan will help you better understand your target market, your competition, and your customers. You will also gain a marketing plan to better attract and serve customers, an operations plan to focus your efforts, and financial projections that give you goals to strive for and keep your company focused.

Growthink’s Ultimate Business Plan Template allows you to quickly and easily write your business plan.  

Additional Resources for Starting an Agriculture Business

  • How To Start a Farm
  • Sample Farm Business Plan
  • Starting a New Agricultural Business
  • Small and Mid-Sized Farmer Resources
  • Starting a Sustainable Agriculture Business
  • Beginning Farmers and Ranchers Loans
  • Business Resources for Those Starting to Farm or for an Existing Farm

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.

Click here to see how Growthink’s business plan professional services can help you create a winning business.  

Other Helpful Business Plan Articles & Templates

Business Plan Template For Small Businesses & Entrepreneurs

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Agriculture Fruit Farm Business Plan

Start your own agriculture fruit farm business plan

Farmers Group

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">, problem & solution, problem worth solving.

People want and need vegetables and related food with good taste and high nutritional quality. Our national diet is a disgrace. We have a huge problem of obesity.

Our Solution

We use present and future agricultural technology to produce organic, tasty, and nutritional vegetables. We start with an existing farm that has custom-innovated equipment. To that we add horticultural technology in the production of strawberries will allow double utilization of the climate controlled portion of the overhead.

Target Market

Competition, current alternatives.

Alabama is one of the premier farming areas of the eastern United States. This creates an intensely competitive environment with a large number of industry participants. Since almost all of the produce is considered to be commodities, and large scale buyers are more consolidated than the farmers themselves, overall margins are small and rivalries for wholesaler contracts are strong. Competitive threats come from three main segments:

  • Imported vegetables of lower quality.>
  • Mississippi pound raised vegetables.
  • Alabama vegetable producers.

Direct competition in the individual buyers market segment comes from three farms in the immediate area including the Anniston farm, Organics-To-You farm, and the Terrance Livingston vegetable farm. Each of these competitors has produce stands as well as selling to local farmers’ markets. However, with the exception of Organics-To-You Farm, none of the others focus on a niche market and depend heavily on federal subsidies.

Our Advantages

The Farmers Group strategy is to profitably and efficiently utilize present and future agricultural technology in the production of vegetables. The company, by acquiring an existing profitable vegetable farm with all the necessary custom-innovated equipment, will gain a significant industry advantage. Additional application and utilization of horticultural technology in the production of strawberries will allow double utilization of the climate controled portion of the overhead. Farmers Group hopes to consolidate considerable goodwill already created by exercising the option of not adding another high-production facility to the present supply-demand scenario.

The company’s goals in the first year are to:

  • Prepare the future site.
  • Relocate and expand Green Acres vegetable system and get it operational.
  • Integrate greens culture into the system.
  • Have the composting system in full production by early spring of the second year.

The company’s long-term plan is to phase out whichever products are least lucrative and replace them with products that are practical and cost efficient.

Marketing & Sales

Marketing plan.

Farmers Group will initially market and supply its products to target customers. The company is further exploring marketing opportunities on the Internet. To this extent, the company would like to set up a website to market its products.

The company will utilize aggressive advertising strategies to further market its products. These strategies include the promotion of products through the sponsoring of spots on cooking shows and exhibitions, and also engaging prominent chefs to help promote this fledgling industry.

At Farmers Group, the sales process is primarily the same for vegetables as it is for composting products, in that both products will be mainly sold through wholesale marketing. As in the past, live shipments will be delivered by contract carriers in special oxygenated tanks carrying 8,000 vegetables or more, and will be continued as demanded. Farmers Group’s bagged manure products will be delivered and unloaded in sizable wholesale quantities by the pallet.

Smaller, more local orders will significantly increase the overall sales when the 300-450 live vegetables carrying tank system is put into service late in 2000 or early in 2001.

The company’s average sales cycle from first contact to closing of the sale is approximately 3 to 12 days for vegetable products. Farmers Group plans to shorten this cycle. Furthermore, the company estimates that from first contact to sale conclusion, the cycle for fresh strawberries will run 3 days or less. Composted products sale cycle should run from 3 to 12 days.

Locations & Facilities

The farm is located in Calhoun county approximately 4.5 miles outside of Jasper.

The operation will utilize:

  • One large greenhouse, enclosing the vegetable area.
  • Horticultural greenhouse.
  • Filters, water treatment devices.
  • Backwash facilities.
  • Outdoor vegetable facilities.
  • Business office building.

An additional portion of the operation will be the manure composting facility. Local and regional dairy operations have trouble with manure accumulations, and the company hopes to enter into contracts in removing the manure. Farmers Group will then turn this into a saleable product. The company plans to supply the region’s nursery outlets with a top-quality, premium garden and soil amendment product for area horticulture.

While at Mobile Farmers Vegetable Farm James Jackson, steadily used and experimented with compost and fertilized with manure of different kinds. The most important things with manure usage is to eliminate the viable weed seed drawback by thoroughly composting the manure, to add enough cellulose on product to bring it to the proper ratio and to bring its water content to proper levels. A properly composted manure product has no seeds that will germinate and proliferate in it. Additionally, a properly composted manure product has something a chemically formulated synthetic fertilizer does not have: enzymes. Enzymes are critical for producing a truly nutritious and superior flavored product. Research has shown that the superior flavor of a fruit or vegetable is closely related to vitamin content and folic acid content in green vegetables. 

The company is currently seeking contact with Alabama universities in order to learn about and acquire new hybrids of strawberries and vegetables that are hardier and grow faster in our local microclimates. These and other available species and systems will be constantly tracked.

In addition to the above, the company is seeking contacts at Universities in Italy and Germany that are involved in greens, and will continue the quest for the best flavored, large, and firm fall and winter strawberries.

Currently, Farmers Group is conducting research to test certain clay-sand-manure mixture levels to obtain better, cheaper bedding and agronomic soil mixtures that are more effective than the standard used in the industry in Alabama (Pine bark mulch-composted).

Equipment & Tools

The state-of-the-art vegetable equipment starting up in the new location utilizes revolutionary harvest designs that:

  • Allow faster, longer growth
  • Cut the harvest labor by over 80%
  • Decrease loss in weight gain, and
  • Eliminate weight loss from shock.

Farmers Group’s first line of production will be the green vegetable and red vegetable. During the summer months Farmers Group will be growing carrots, romaine lettuce, leeks, red onions, summer squash, and spinach. In the fall, production will center on pumpkins, winter squash, globe beets and winter greens. With the growth of the popular organic food niche, and the federal government’s new organic labeling policy, Farmers Group will focus its produce on the intermediate organic label. This means that approximately 70% of the food production process will be organic and all foods produced by Farmers Group will be eligible for the "contains organic ingredients" label. The company’s farm will have a capacity sufficient to produce in excess of 200,000 lbs. of vegetables per year.

Strawberries

Pro Tip:

Farmers Group’s strategy is a combination of the two technologies during the cool winter months which will allow the utilization of normally wasted space in the greenhouses for the high price winter greens production. This will allow double cultivation of the greenhouses with almost no additional heating necessary in this climate.

Future Products

In the meantime, the company would like to explore the possibilities of crayfish production. Farmers Group believes this to be a high revenue venture with retail prices running in excess of $15.00 per pound in most places. The company also believes that if crayfish production is successful then it could become the number one endeavor of Farmers Group.

Currently there is a defunct fish farming production facility with all the necessary capital equipment approximately two miles from the current farm. Purchase of this facility would allow Farmers Group to begin production and to capitalize on this higher margin product. What makes this most attractive is the two ventures have significant joint cost potential, allowing for a reduction in marginal costs for all products and creation of real economies of scale that would provide Farmers Group with a competitive advantage.

Milestones & Metrics

Milestones table.

Milestone Due Date
Oct 09, 2020
Oct 09, 2020
Dec 09, 2020
Apr 18, 2021
July 18, 2021
Oct 10, 2021
Jan 09, 2022

Key Metrics

  • Sales and cost of sales
  • Greenhouse output by crop
  • overall output per crop
  • Fertilizer usage
  • Water usage

Ownership & Structure

Farmers Group’s management team is led by Mr. James Jackson, Business Manager, and the current manager of Mobile Farmers Vegetable Farm, who has extensive knowledge of the industry and has been tracking vegetable trends for 30 years.

The company’s management philosophy is based on responsibility and mutual respect. Farmers Group has an environment and structure that encourages productivity and respect for customers and fellow employees.

Management Team

Management will be responsible for supervising and participating in the daily operations of the facility. Management consists of:

  • James Jackson, Business Manager, Full Time
  • Terry Howard, Executive Director, Full Time
  • Kevin Perry, Management Trainee, 3/4 Time
  • Victor Green, Management Trainee, 1/4 Time

Daily Maintenance

This group will consist of the following:

  • Henry Jones, Logistical Engineer, Full Time
  • Colin Henry, Heavy Equipment, Full Time
  • Michael Owen, Welder, 1/2 Time

Personnel Table

2020 2021 2022
Business Manager $48,000 $48,960 $49,939
Executive Director $57,600 $58,752 $59,927
Logistic Engineer $45,600 $46,512 $47,442
Welder $19,200 $19,584 $19,976
Heavy Equipment $45,600 $46,512 $47,442
Trainee 3/4 $24,000 $24,480 $24,970
Trainee 1/4 $12,000 $12,240 $12,485
Totals $252,000 $257,040 $262,181

Financial Plan investor-ready personnel plan .">

Key assumptions.

Key Assumptions 

Nature and Limitation of Projections

This financial projection is based on sales volume at the levels described in the sales forecast section and presents, to the best of management’s knowledge, the company’s expected assets, liabilities, capital, and revenues and expenses. The projections reflect management’s judgement of the expected conditions and its expected course of action given the hypothetical assumptions.

Nature of Operations

The company is in the business of vegetable farming, greens cultivation, and composting. The company expects to be operating in 2000.

The company’s revenue is derived primarily from the sale of vegetables, strawberries, and bagged composted manure products.

The company’s expenses are primarily those of salaries, utilities, and insurance costs. Other expenses are based on management’s estimates and industry averages.

However, our initial projections indicate profitability well beyond realistic expectations. We’ve added a substantial "other expense" category, especially as we get on our feet in the second half of year one, to allow for realistic expenses … even if we can’t categorize them exactly. Even with these "other expenses" we are still unusually profitable, but we believe that’s because of our innovative technology. 

Revenue by Month

Expenses by month, net profit (or loss) by year, use of funds.

The company is seeking to raise of $830,000 for the purpose of financing the acquisition of the Green Acres Vegetable Farm and Mobile Farmers Vegetable Farm, facilities modifications, equipment, and funding operating expenses. Another $1,000,000 will be invested in the company by its four co-owners. The total is $1,830,000. The following is a breakdown of how the funds will be used:

Acquisition:

Property $1,300,000

Equipment System $400,000

Sub-total $1,700,000

Operating Expenses:

Salaries $80,000

Marketing and promotion $10,000

Other operating expenses $10,000

Sub-total $100,000

Total $1,800,000

Part of the $1,830,00 are the $684,600 startup expenses listed as net worth in Dec 2016. More details are: 

Legal $19,000

Facilities modification $300,000

Organic Herbicides/Pesticides $5,000

Consultants $25,000

Insurance $10,000

Research and development $25,000

Expensed equipment $250,000

Other $50,000

TOTAL START-UP EXPENSES $684,600

Sources of Funds

We will have four investors. Each investor has committed to giving us $250,000, totally $1,000,000. 

We will also have $400,000 in long term borrowing, we will have $400,000 in short term loan and $30,000 worth of bills to pay. 

Projected Profit & Loss

2020 2021 2022
Revenue $776,800 $915,000 $1,125,000
Direct Costs $62,144 $73,200 $90,000
Gross Margin $714,656 $841,800 $1,035,000
Gross Margin % 92% 92% 92%
Operating Expenses
Salaries & Wages $252,000 $257,040 $262,181
Employee Related Expenses $50,400 $51,408 $52,436
Marketing $15,536 $18,300 $22,500
Gas and Oil $15,536 $18,300 $22,500
Utilities $15,536 $18,300 $22,500
Insurance $5,160 $5,160 $5,160
Other $63,500 $125,000 $250,000
Amortization of Other Current Assets $0 $0 $0
Total Operating Expenses $417,668 $493,508 $637,277
Operating Income $296,988 $348,292 $397,723
Interest Incurred $39,665 $23,228 $19,670
Depreciation and Amortization $25,000 $25,000 $25,000
Gain or Loss from Sale of Assets
Income Taxes $46,465 $60,012 $70,611
Total Expenses $590,942 $674,948 $842,558
Net Profit $185,858 $240,052 $282,442
Net Profit/Sales 24% 26% 25%

Projected Balance Sheet

Starting Balances 2020 2021 2022
Cash $315,400 $54,576 $257,355 $520,604
Accounts Receivable $39,600 $54,900 $67,500
Inventory $150,000 $150,000 $150,000 $150,000
Other Current Assets $180,000 $180,000 $180,000 $180,000
Total Current Assets $645,400 $424,176 $642,255 $918,104
Long-Term Assets $500,000 $500,000 $500,000 $500,000
Accumulated Depreciation $0 ($25,000) ($50,000) ($75,000)
Total Long-Term Assets $500,000 $475,000 $450,000 $425,000
Total Assets $1,145,400 $899,176 $1,092,255 $1,343,104
Accounts Payable $30,000 $32,299 $30,991 $49,519
Income Taxes Payable $11,517 $15,068 $17,720
Sales Taxes Payable $0 $0 $0
Short-Term Debt $445,898 $49,216 $52,774 $56,589
Prepaid Revenue
Total Current Liabilities $475,898 $93,032 $98,833 $123,828
Long-Term Debt $354,102 $304,886 $252,112 $195,523
Long-Term Liabilities $354,102 $304,886 $252,112 $195,523
Total Liabilities $830,000 $397,918 $350,945 $319,352
Paid-In Capital $1,000,000 $1,000,000 $1,000,000 $1,000,000
Retained Earnings ($684,600) ($684,600) ($498,742) ($258,690)
Earnings $185,858 $240,052 $282,442
Total Owner’s Equity $315,400 $501,258 $741,310 $1,023,752
Total Liabilities & Equity $1,145,400 $899,176 $1,092,255 $1,343,104

Projected Cash Flow Statement

2020 2021 2022
Net Cash Flow from Operations
Net Profit $185,858 $240,052 $282,442
Depreciation & Amortization $25,000 $25,000 $25,000
Change in Accounts Receivable ($39,600) ($15,300) ($12,600)
Change in Inventory $0 $0 $0
Change in Accounts Payable $2,299 ($1,308) $18,528
Change in Income Tax Payable $11,517 $3,551 $2,652
Change in Sales Tax Payable $0 $0 $0
Change in Prepaid Revenue
Net Cash Flow from Operations $185,074 $251,995 $316,022
Investing & Financing
Assets Purchased or Sold
Net Cash from Investing
Investments Received
Dividends & Distributions
Change in Short-Term Debt ($396,682) $3,558 $3,815
Change in Long-Term Debt ($49,216) ($52,774) ($56,589)
Net Cash from Financing ($445,898) ($49,216) ($52,774)
Cash at Beginning of Period $315,400 $54,576 $257,355
Net Change in Cash ($260,824) $202,779 $263,248
Cash at End of Period $54,576 $257,355 $520,604

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  6. Sample Agriculture Business Plan

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  23. Agriculture Fruit Farm Business Plan Example

    Management Team. Management will be responsible for supervising and participating in the daily operations of the facility. Management consists of: James Jackson, Business Manager, Full Time. Terry Howard, Executive Director, Full Time. Kevin Perry, Management Trainee, 3/4 Time. Victor Green, Management Trainee, 1/4 Time.

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