SUNFLOWER FARMING BUSINESS PLAN SAMPLE TEMPLATE
If you have the interest to start a farm and you don’t know the kind of farm to start, I have a suggestion for you, start a sunflower farm.
Sunflower plant is loaded with so much value. Sunflowers are used for the ornamental designs and the beautification of our homes and environment. This however is not the only usefulness of a sunflower plant.
Almost all of its components are useful. The sunflower leaves are used for animal feeds and food ingredients. The oil extracted from sunflower seed is one of the healthy vegetable oil that is always in high demand. The icing on the cake is that it is very easy to start a sunflower farm.
You don’t need a huge capital to start a sunflower farm and it is easy to grow. It is not easily prone to diseases and pests. It sprouts quickly and can be harvested within a short period of time. What this means is that a sunflower farm is highly profitable.
This article will take about what it entails to start a sunflower farm. This will enable you to have the basic knowledge you will need in case you decide to start a sunflower farm.
Here is a sample business plan for starting a sunflower farm.
Are you interested in selling sunflowers for profit? Do you know the average sunflower farming profit per acre?
The first thing you need to do before you start a sunflower farm is to carry out a comprehensive research about sunflower farming. You need to know the cost of starting a sunflower farm, you need to find out about your target market and what they really want.
You also need to research about your competitors so as to know what they are doing and what they are not doing that you can leverage on. This research will open your eyes to both the opportunities and risks involved in starting a sunflower farm and this will help you to decide if it is something you can do or not.
GET KNOWLEDGE ABOUT SUNFLOWER FARMING
If you don’t have any prior experience on how to start a sunflower farm, then you will need to do go and learn about it. It is through learning that you will get to know what it entails to start a sunflower farm. And this knowledge will help you to prepare your mind and make necessary plans before you start the farm.
One of the fastest ways to get the needed knowledge on how to start a sunflower farm is to look for a highly experienced sunflower farmer and volunteer to work with him and get him to mentor you on the nitty-gritty of sunflower farming and the equipment involved. Doing this will save you from wasting your time and money on trial and error.
TEST RUN BY STARTING ON A SMALL SCALE
After carrying out the research and getting the needed knowledge for start a sunflower farm, the next thing to do is to test run all that you have learned by starting a small sunflower farm. Get a small portion of land and grow sunflower plant, harvest and sell it. This will help you to have a first-hand experience about what sunflower farming entails. And even if you make mistake and run at loss, your loss will be very minimal compare to if you have done it on a large scale. You can then learn from the mistake and improve upon it so that you can do better next time.
CREATE A BUSINESS PLAN
If sunflower farming is something you want to do on a long term, then you will need to create a business plan. Creating a sunflower farming business plan will help you to set goals for the future and make plans on how to achieve those goals. It is also a handy resource to pitch investors who will want in your sunflower farm.
If you want to create your business plan yourself, there are tons on free business plan templates online that can guide you on how to do. You can also hire an expert to help you draft a business plan for your sunflower farm.
START YOUR SUNFLOWER FARM ON A FULL SCALE
Here are the things you need to do to get started:
- Register your Sunflower Farm
To get started, you will have to register your sunflower farm with the appropriate authorities. This will give your farm a legal backing and make it look professional. By registering your business, you will find it easy to raise capital from banks and investors.
- Raise the Capital Require to Start the Business
There is no way you can start a sunflower farm without having the required capital. This is why the first thing you will have to do is to raise the capital needed to start your farm. If you cannot single handedly raise the capital all by yourself, you can apply for bank loan or pitch investors.
- Buy the Land You Will Use for your Sunflower Farm
You should put some factor into consideration before buying land for your sunflower farm. You must ensure the soil on that land is compatible for sunflower plants. You must also make sure that the climatic condition of the place is favorable for growing sunflower plants (hint: sunflower need a lot of exposure to sun). The location should also be close to your target market.
- Get the Needed Materials, Tools and Equipment
To start a sunflower farm, you will need materials like sunflower seeds and fertilizers. You will also need to get the necessary tools and equipment that will be needed for the farming.
- Employ Competent Hands to Work for You
Make sure the people you want to employ have passion for sunflower farming. They should also have the necessary skill, knowledge and experience. In addition, they should be hard working and dedicated to their work.