If you are looking for a sample rabbit farming business plan template, here is a business plan for starting a rabbit farm and free feasibility study example you can use.
RABBIT FARMING BUSINESS PLAN SAMPLE AND FEASIBILITY STUDY REPORT FORMAT
Are you an entrepreneur with strong interests in the agro-allied sector, especially as it concerns investments? This article focuses on a sector of the agro-allied industry which is rabbit farming.
This business plan sample seeks to make available to the interested entrepreneur an easy to follow guideline on the procedures involved in writing a good and compelling rabbit farming business plan.
The information provided in this rabbit farming business plan sample are not meant to be duplicated, but are to provide an easy to follow guide to the entrepreneur who is expected to follow the format used while providing the required information through the process of brainstorming on the unique needs of his/her rabbit farm business. We begin with the following;
Table of Contents
- Executive Summary
- Products and Services
- Vision Statement
- Mission Statement
- Competitive Advantage
- Target Market
- Sales Projection
- Sources of Revenue Generation
- Payment Channels
George’s Rabbit Farms, a rabbit farm driven by a passion for quality and customer satisfaction through the provision of unparalleled rabbit breeding services. Although we will be involved in the breeding of other livestock types, our primary business will be the breeding of mainly rabbits.
To be located in Colorado, George’s Rabbit farms has put in place measures to ensure that business takes off smoothly through the conduct of studies in this sector to ascertain its viability.
Two years from the commencement of business operations, we intend to establish a value addition chain to our rabbit farm. This is in the form of a rabbit processing facility that will lead to the processing of our products both for domestic consumption and for the international market through export.
Products and Services
The products and on offer at George’s Rabbit Farms consist primarily of livestock rearing and processing in the form of rabbits. Our processed rabbit meat adheres to the highest regulatory standards set by the food regulatory agency.
These well processed products are meant for domestic consumption as well as for the international market. We also provide consultancy services to small scale rabbit farmers, including vaccinations.
We have ambitious plans of effectively covering the whole states within the United States within our first decade of doing business. Apart from this, we are putting in place effective strategies of exporting our products.
We will favourably compete with similar and bigger competitors through bringing together the best brains within the rabbit farming industry, who will roll out the strategies that will give us a fair market share.
Our sights are set on being among the top 5 rabbit farms in America. This ambition will be fuelled by dedicating resources and skilled personnel to realise the accomplishment of this noble objective.
It is our mission to make our products the most preferred among other similar rabbit products through the establishment of a world class quality control unit that will ensure that our processed rabbit products are flawless, and are of the highest quality.
We have a strong competitive advantage over our competition in the area of the composition of our workforce. We will significantly invest in ensuring that only the best brains with significant years of experience in the rabbit farming industry are hired.
Because we know what a quality workforce can contribute to a business, we have attractive remuneration packages and favourable work conditions to motivate our workforce to give their best.
Our products and services will be provided to a wide segment of the consuming public. We will be targeting customers who consume rabbit products as their special delicacy and those who take it for medicinal purposes.
Also within our target market are those benefitting from the rabbit farming value chain. A deliberate effort will be put in place to provide our products both in processed form and live rabbits. The live rabbits will be sold to clients who prefer to keep them as pets. Also added to our list of our target market are restaurants that sell continental dishes.
With research conducted within this industry using the current industry happenings and economic indices, we have discovered that our sales will grow significantly within the first three years from the commencement of business.
The criteria used in reaching this conclusion however discounts unforeseen factors such as natural disasters and economic recession. The chart below summarizes these findings;
- First Year $290,000
- Second Year $400,000
- Third Year $640,000
Sources of Revenue Generation
Our source of revenue generation will come primarily from the products and services we offer. This is through the sale of our rabbits (both live and processed) and also the fees gotten from the provision of consultancy services as well as vaccination services.
Our payment channels are varied to ensure that our client’s payment preferences are taken into consideration. The payment channels we will be adopting include the use of POS machines for payment, acceptance of credit cards, acceptance of cash payments plus the use of mobile internet banking among other payment options.
Focusing solely on the rabbit farming business plan sample, entrepreneurs interested in this area of business are provided a sample to work with in producing their own unique business plans.
Following the format laid down here, it is believed that the entrepreneur will come up with a compelling and well-written business plan that will greatly contribute to the success of his/her business.