AGRICULTURE BUSINESS PLAN SAMPLE AND FEASIBILITY STUDY REPORT FORMAT
Are you searching for an Agriculture business plan that can aid you in writing one for your agriculture business? In this article, you will be presented with an agriculture business plan sample that can assist you in carving one for your agriculture business. This article has highlighted the key things that must be given attention in a good business plan.
The agriculture industry is one that is very wide and comprises various subsets. Basically, it encompasses all agricultural activities that have to do with growing of crops and rearing of animals.
PALM OIL PROCESSING, SOYBEAN OIL PRODUCTION, POULTRY FARMING, FISH FARMING, POULTRY BUSINESS, FISH BUSINESS, PIG FARMING, COMMERCIAL FARM, AQUAPONICS FARMING, SNAIL FARMING, GREENHOUSE FARMING, TURKEY FARMING, RABBIT FARMING, QUAIL FARMING, PLANTAIN FARMING, DAIRY FARM, CATTLE FARMING, GOAT FARMING, OSTRICH FARMING, ORGANIC FERTILIZER PRODUCTION, MUSHROOM FARMING, HYDROPONICS FARMING, HORSE BREEDING, CHRISTMAS TREE FARMING, RICE FARMING, PLANT NURSERY, PET BUSINESS, PEPPER FARMING,
The activities that you will be engaged in will however depend on the area of the agriculture industry you have decided to focus on.
BUSINESS NAME: Grant Botanical Agriculture farms LLC.
- Executive Summary
- Business Objectives
- Mission Statement
- Business Structure
- Our Products and Services
- Market Analysis
- Sales and Marketing Strategy
- Financial Plan
- Sales Forecast
Grant Botanical Agriculture farm LLC is registered and licensed with the authorities in Ohio, and the United States. The business will be located in Ohio, United States, and it will be owned and managed by the Grants, Mr. Jeffery Grant and his wife Mrs. Lucy Grant.
The business is committed to actualizing its goal of becoming the number one botanical plants provider to the health and vitamin companies in the whole of United States. We will be concerned with growing and providing only five distinct therapeutic plant species which include Ginger, Skullcap, Ginseng, St John’s Wort, and Echinacea.
In order for us to achieve our business goals for Grant Botanical Agricultural farm, we have identified the objectives we must undertake. They are as follows:
- We will ensure we are among the leading botanical agricultural farms in the industry in the whole of the United States, not just Ohio.
- Attain the point where we can considerably sustain our profits.
- We will ensure we enjoy our work as much as possible while making returns in sales.
Our mission at Grant Botanical Agricultural farm is to become the number one botanical plants provider to all the health and vitamin industries in the United States.
We will do well to accomplish this mission by providing nothing short of the very best and quality products and services to our customers, and also at affordable prices as well.
The Grant Botanical Agricultural farm is an agriculture farm that will do all that is possible and permissible within the laws of Ohio and the United States in running the business. In view of this, we will make sure we set up a strong and solid business foundation that can place our agriculture farm business in the same league as the top agriculture farm businesses in the United States.
Also, our business structure will be such that will facilitate the speedy progress of getting to our desired business goal.
The Grant Botanical Agricultural farm will be owned by the Grants. Mr Jeffery Grant will be responsible for the smooth and steady business operation of the farm. He will bring in his wealth of 20 years’ experience working as a project manager.
Mrs Lucy Grant will be handling the sales department. Her knowledge of plant biology will be of immense benefit to the growing of the plant species.
OUR PRODUCTS AND SERVICES
Grant Botanical Agricultural farm is an agricultural farm that will be concerned with the growing of a number of botanical therapeutic plants for the purpose of making profits. We will be entirely focused on just five (5) special plant species that are highly demanded in the market, and which will also flourish in the soil of our chosen location in Ohio. We will be concerned with growing the following five (5) plant species:
- Ginseng: Energy Booster.
- Echinacea: Boosts the immune system.
- Ginger: Sooths the stomach.
- St John’s Wort: Fights against mild depression.
- Skullcap: Fights against general inflammation.
The natural supplement market in the agriculture industry is quite an intriguing one. In fact, statistical data proves that more than 50% of the United States population directly make use of dietary supplements. Also, it is now a growing trend that the American population use herb in one form or another.
There are three discrete groups that make up our target market, they are:
- Supplement companies.
- Companies that process botanicals for the supplement companies.
- Nurseries that resell plants.
SALES AND MARKETING STRATEGY
In order for us to accomplish our business vision and objectives, we have ensured we collaborate with market experts to help us establish the best sales and marketing strategies for our agriculture farm business. The following are the sales and marketing strategies we were able to come up with:
- We will first start with sending our business introductory letter to the relevant companies that are in need of the products we have to offer. These companies include the supplement companies, botanical processors, and nurseries that resell plants.
- We will list our agriculture farm business in relevant business directories.
- We will do well to advertise our agriculture farm business on television & radio stations, business magazines & newspapers, social media, etc.
- We will also make use of word of mouth advertisement.
We are so enthusiastic about starting this agricultural farm. It had been our dream for more than five years now. We have been able to save a lot for the start-up capital. We have also sold a lot of our other investments so as to generate the needed start-up capital.
From our estimate, the start-up capital we will require is $150,000, which will cover the purchase of a host of new equipment, and the leasing fee as well. We will generate half of the capital from our savings and sales of investments. The other half will be sourced as a 5-year loan from our bank.
The sales projection below shows the sales forecast of Grant Botanical Agriculture farm business for the next three years after start-up
First Year $90,500
Second Year $200,000
Third Year $250,000
The sales forecast above suggests that the growth will be slow yet steady in the three years under consideration.
The business plan above has used the business name “Grant Botanical Agriculture farm”. The Grant Botanical Agriculture farm business will be owned and managed by Mr. and Mrs. Grant. They both have had the needed experience to manage the agriculture farm and take it to the desired level.
The agriculture farm will be located in Ohio, United States. $150,000 will be required as the start-up capital investment to start-up the agriculture farm in Ohio, United States, of which half of it will be sourced from the bank as loan, and the other half will be generated by the owners. The agriculture farm business will be strictly concerned with the growing and selling of only five distinct plant species which will be offered for sales to the relevant industries anywhere in the United States.