Writing A Farm Business Plan

Writing A Farm Business Plan-9
Include the goals and missions of your business and explain the farm’s short and long-term goals.Provide a brief review of the farming industry’s trends, growth patterns and economic standpoints.

Include the goals and missions of your business and explain the farm’s short and long-term goals.Provide a brief review of the farming industry’s trends, growth patterns and economic standpoints.

Farm business planning is also a process, not an end product.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.A business plan is a decision making tool that takes the form of a formal document.Create an organizational chart to explain the flow of responsibility and create a brief job description for each position.List the separate departments of your farm operation and the responsibilities of each department supervisor.Identify your farm’s competition and use the SWOT analysis to determine how you can differentiate your farm from that of the competition.Identify your farm’s specialties, such as organically raised cows for organic milk and kosher beef.Include the costs for each piece of machinery, as well as the costs for materials and supplies, such as tillers, tractors, seeds, fertilizer, barrels and every other item that is required to operate your farm.Identify the government regulations that your farm operation will be required to meet.Explain your farm operation’s marketing strategies. Include a forecast for the number of target customers and sales, such as 25 million gallons of milk or 100,000 crates of eggs each year.Explain the methods that your farm operation will use to generate its customers, such as government contracts, trade shows and wholesaler contracts. Outline the equipment and materials the farm needs to run an efficient operation.

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