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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.

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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Details of a Small Farm Business Plan

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Writing a farm business plan can be a tool for you to plan your farming business. It can also be a requirement of securing grants and loans for your farm business. The process of writing a farm business plan may seem overwhelming and intimidating at first, but if you break it down into its component steps, it becomes much more manageable.

What Is a Business Plan?

A business plan is a roadmap for your small farm . It is both process and product. During the writing of a farm business plan, you'll develop an overall vision and mission for your business. You will think about your short- and long-term goals. You'll define the steps needed to achieve those goals. You'll set the direction for your business to develop over the next five years.

If you're already an established business, your new business plan will show where you're going next. A good business plan should be:

Mission Statement

Your farm’s mission statement is your overarching purpose for your business:

  • Why does your farm exist?
  • What purpose does your farm serve?
  • Where is your farm headed?

This is beyond “make money.” This mission statement is based on your values and your core identity as a small farm.

The goals in your business plan are the specific, measurable “things” you will achieve with your small farm. Short-term goals are defined as those that you will complete within one year. Long-term goals are those that take longer than one year to complete.

SMART Goals are:

  • Rewarding, and have a

Background Information

In this section of your business plan, take inventory of what you have right now:

  • Where are you located?
  • How many acres of land are you farming?
  • When did you begin farming?
  • How are you currently operating?
  • What general practices do you use for such things as conservation, tillage, environmental impact, and marketing?

Farm Strategy

This is where your business plan gets to looking forward. You are going to formulate your farm strategy from now into the next five years or so.

  • Gather information and research markets. Make sure that your farm plan fits into the general market in terms of supply and demand. Investigate and analyze industry trends, identify competitors, and define buyers.
  • SWOT Analysis. This is an analytical tool that can be used in making decisions. SWOT stands for: strengths, weaknesses, opportunities, and threats. As a business, analyze your internal strengths and weaknesses. Then look externally at what opportunities and threats exist - competitors, new markets, government regulations, economic conditions, and so forth.
  • Create alternative strategies. Looking at the information you've gleaned and the analysis you just did, think through options for your farm strategy. Don't rely on price alone; economies of scale are challenging on the small farm level.
  • Don't jump to one conclusion immediately. Really spend some time fleshing out the specifics of some of the strategies and looking at their advantages and disadvantages. Try to find options that combine your internal strengths with opportunities in the external environment.
  • Look at all your strategies, then reread your mission statement. The ideal farm plan will fit your mission best.
  • Write an implementation plan. This is where you write a plan that will make your new strategy happen.

Marketing Strategy and Plan

In the next part of your farm business plan, you develop and outline a marketing strategy for your products and services. This can build on the research you did in the previous step. For each product, include ​the price, placement, and promotion ideas. Consider how you will convey real and perceived value to your customers.

Management Summary

This part of your business plan details your farm business’ structure. Everyone who is involved in the management of the business should be listed here. External resources are listed here as well.

Financial Analysis

In this section, you will need to detail the financial aspect of your farming operation. List your current finances in detail, including all income and operating expenses. Referring to your new strategy, you will forecast what is needed for future growth and to meet the goals you have outlined in terms of capital. Include what your future operating expenses will be.

Pulling It All Together

Writing a farm business plan is a big project. Don’t let that put you off. Your plan can be as simple as it needs to be for right now. Begin with your mission statement and goals. Do your homework by analyzing markets and researching competitors and trends. Have fun brainstorming alternative strategies and let them marinate a while. Take it one step at a time.

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Cornell CALS - College of Agriculture and Life Sciences

12: Business Plans

What is a business plan.

A business plan is a document that helps you to organize and succinctly summarize the vision you have for your business. The plan contains the operational and financial objectives of a business, the detailed plans and budgets showing how the objectives are to be realized.

A good business plan will contain the following:

  • Your business vision, mission statement, key values, and goals
  • Description of the product(s) you intend to produce
  • Strengths, Weaknesses, Opportunities and Threats the business may experience are described
  • Production plans
  • Marketing plans
  • Estimated start-up costs
  • Information on your legal structure and management team
  • Current financial statements or projected financial statements.
  • Resume or brief explanation of your background and relevant experience
  • Less than 10 total pages so that people actually read it

Helpful Publications for Writing a Business Plan

General Business Resource Publications:

  • Starting an Ag-Business? A Pre-Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2004/Cornell_AEM_eb0408.pdf
  • Business Transfer Guide: Junior Generation http://publications.dyson.cornell.edu/outreach/extensionpdf/2016/Cornell-Dyson-eb1605.pdf
  • Producing a Business Plan for Value-Added Agriculture http://publications.dyson.cornell.edu/outreach/extensionpdf/2007/Cornell_AEM_eb0708.pdf
  • Business Planning for the Agriculture Sector: A Guide to Business Plan Development for Start-up to Mid-size Operations http://publications.dyson.cornell.edu/outreach/extensionpdf/2010/Cornell_ pdf
  • Building a Sustainable Business (Sustainable Agricultural Research Education (SARE)Publications) sare.org/publications/business.htm 280 pages of education and practical exercises to guide you through the financial, management, and interpersonal skills needed to start a successful farm business. Order hard copy for $17 or download PDF online for free.

Cornell Cooperative Extension Publications for Specific Commodities:

  • Landscape Business Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2003/Cornell_AEM_eb0313.pdf
  • Writing a Business Plan: A Guide for Small Premium Wineries http://publications.dyson.cornell.edu/outreach/extensionpdf/2002/Cornell_AEM_eb0206.pdf
  • Writing a Business Plan: An Example for a Small Premium Winery https://ageconsearch.umn.edu/bitstream/122203/2/Cornell_AEM_eb0207.pdf

Getting Help Writing a Business Plan

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Here is a free business plan sample for a farm.

farm project profitability

Have you ever envisioned nurturing the land and running your own farm but feel overwhelmed about where to start?

In the passages that follow, we will guide you through a comprehensive business plan tailored for aspiring farm owners.

As any seasoned farmer will tell you, a robust business plan is a cornerstone of a thriving agricultural enterprise. It serves as a roadmap, outlining your objectives, strategies, and the actionable steps needed to bring your farming dreams to fruition.

To streamline your planning process and get you started on the right foot, you can utilize our farm business plan template. Our specialists are also on hand to provide a free review and refinement of your plan.

business plan agricultural project

How to draft a great business plan for your farm project?

A good business plan for a farm must reflect the unique aspects of agricultural operations.

Initially, it is crucial to provide a comprehensive overview of the agricultural market. This includes current statistics and identifying emerging trends in the industry, similar to what we have outlined in our farm business plan template .

Your business plan should clearly articulate your farming project. This encompasses your vision, pinpointing your target market (such as local markets, restaurants, food processors, or direct-to-consumer sales), and the distinctive features of your farm (organic, conventional, specialized crops, livestock, etc.).

The market analysis section is vital. It requires a thorough understanding of the local agricultural landscape, competitors, market demands, and consumer buying habits.

For a farm, it is particularly important to detail the types of crops or livestock you plan to raise. Describe your product lines - vegetables, fruits, grains, meat, dairy, etc. - and explain how they align with the needs and preferences of your intended market.

The operational plan is a key component. It should cover the location of your farm, land management, crop rotation plans, animal husbandry practices, supply chain for farm inputs, and the overall farming process.

Emphasize the quality of your produce, sustainable farming practices, and adherence to agricultural standards and certifications.

Then, delve into your marketing and sales strategy. How will you market your products and build a loyal customer base? Consider various channels such as farmers' markets, Community Supported Agriculture (CSA) programs, online sales, or wholesale contracts.

Incorporating digital strategies, like maintaining a farm website or engaging with customers through social media, is increasingly important.

The financial section is another critical element. It should outline your initial investment, projected revenue, operational expenses, and the point at which the business will become profitable.

On a farm, managing cash flow can be challenging due to seasonal cycles and fluctuating market prices, so careful financial planning is essential. For assistance, refer to our financial forecast for a farm .

Compared to other business plans, a farm's plan must pay special attention to factors such as land stewardship, environmental impact, crop and livestock cycles, and potential subsidies or grants.

A well-crafted business plan will not only help you clarify your strategies and vision but also attract investors or secure loans.

Lenders and investors are looking for a solid market analysis, realistic financial projections, and a clear understanding of the farm's day-to-day operations.

By presenting a thorough and substantiated plan, you showcase your dedication and preparedness for managing a successful farming enterprise.

To achieve these goals while saving time, you can start with our farm business plan template .

business plan farm project

A free example of business plan for a farm

Here, we will provide a concise and illustrative example of a business plan for a specific project.

This example aims to provide an overview of the essential components of a business plan. It is important to note that this version is only a summary. As it stands, this business plan is not sufficiently developed to support a profitability strategy or convince a bank to provide financing.

To be effective, the business plan should be significantly more detailed, including up-to-date market data, more persuasive arguments, a thorough market study, a three-year action plan, as well as detailed financial tables such as a projected income statement, projected balance sheet, cash flow budget, and break-even analysis.

All these elements have been thoroughly included by our experts in the business plan template they have designed for a farm .

Here, we will follow the same structure as in our business plan template.

business plan farm project

Market Opportunity

Market data and figures.

The agriculture sector is a foundational component of the global economy and is vital for food security.

As of recent estimates, the global agriculture market value surpasses 3 trillion dollars, with a steady growth trajectory anticipated due to the increasing global population and the demand for diverse and sustainable food sources.

In the United States, there are over 2 million farms, covering an expanse of more than 900 million acres, which signifies the vast scale and importance of agriculture in the American economy and its culture.

These statistics underscore the critical role that farms play not only in food production but also in supporting rural communities and economies.

Modern trends in agriculture reflect a movement towards sustainability, technological innovation, and organic farming practices.

There is a rising demand for organic produce as consumers become more health-conscious and concerned about the environmental impact of conventional farming methods. This has led to an increase in the number of farms obtaining organic certification and adopting organic farming practices.

Technological advancements such as precision agriculture, which includes the use of drones, sensors, and big data, are optimizing resource use and increasing crop yields while minimizing environmental impact.

Urban farming and vertical farming are gaining traction as innovative solutions to grow food in urban environments, making fresh produce more accessible and reducing transportation emissions.

Additionally, the farm-to-table movement continues to grow, with consumers showing a preference for locally sourced and traceable food products, which supports local economies and reduces carbon footprints.

These trends indicate a shift in the agriculture industry towards more sustainable and technologically advanced farming practices that cater to the evolving preferences of consumers.

Success Factors

The success of a farm hinges on several critical factors.

First and foremost, the quality and yield of the produce are paramount. Farms that can consistently deliver high-quality, nutritious, and flavorful products are more likely to build a strong customer base.

Innovation in farming techniques and crop diversification can help farms stay resilient against climate change and market fluctuations.

Location is also a key factor, especially for farms focusing on local markets or agritourism, as proximity to consumers can reduce transportation costs and increase freshness.

Excellent customer relationships and community engagement are essential for reputation building and customer loyalty, especially for small-scale and family-owned farms.

Lastly, efficient cost management, sustainable resource use, and the ability to adapt to consumer trends, such as the demand for organic and locally-sourced foods, are crucial for the long-term viability and success of a farm.

The Project

Project presentation.

Our sustainable farm project is designed to cater to the increasing consumer demand for organic, locally-sourced, and environmentally friendly produce. Situated on the outskirts of a city with easy access to local markets and restaurants, our farm will focus on a variety of organic crops, free-range poultry, and grass-fed livestock, all cultivated using sustainable farming practices.

We will prioritize the health of the soil, biodiversity, and ecological balance, ensuring that our products are not only fresh and nutritious but also contribute positively to the environment.

Our farm is set to become a beacon for sustainable agriculture in the region, providing a model for responsible farming practices and fostering a closer connection between consumers and the source of their food.

Value Proposition

The value proposition of our sustainable farm project lies in offering high-quality, organic produce and ethically raised animal products. We are dedicated to enhancing the nutritional value and flavor of our products while maintaining a steadfast commitment to environmental stewardship.

Our approach to farming allows consumers to enjoy the fruits of agriculture that support the well-being of the planet, promoting a sustainable lifestyle and a healthier community.

We aim to build a strong relationship with our customers by providing transparency about our farming methods and inviting them to participate in farm-to-table events and educational programs.

As a pillar of sustainable agriculture, our farm is not just a source of food but a place where environmental care, community, and the joy of wholesome, natural products converge.

Project Owner

The project owner is an experienced farmer with a passion for sustainable agriculture and a deep respect for the environment.

Armed with knowledge in organic farming techniques and a background in environmental science, the owner is committed to creating a farm that exemplifies the principles of sustainability and ecological balance.

With a vision of fostering a healthier relationship between people and the food they eat, the owner is dedicated to producing food that nourishes both the body and the land.

Driven by a commitment to community and environmental education, the project owner is the heart of this endeavor, striving to make a lasting impact on the way we think about and engage with agriculture.

The Market Study

Market segments.

The market segments for our sustainable farm are diverse and cater to various consumer needs.

Firstly, we have individuals and families seeking fresh, organic produce due to health concerns or lifestyle choices, who prioritize food quality and nutritional value.

Secondly, there are environmentally conscious consumers who support sustainable farming practices and want to reduce their carbon footprint.

Restaurants and food businesses looking for locally-sourced, high-quality ingredients represent another significant market segment.

Lastly, educational institutions and community organizations focused on promoting sustainable agriculture and healthy eating habits can also be targeted for partnerships and collaborations.

SWOT Analysis

A SWOT analysis of our sustainable farm project highlights several key factors.

Strengths include our commitment to organic farming practices, a strong local brand presence, and the ability to provide fresh, high-quality produce directly to consumers.

Weaknesses might involve the challenges of seasonal production, potential vulnerability to extreme weather conditions, and the higher costs associated with sustainable farming.

Opportunities exist in the growing market for organic and locally-sourced foods, the potential for agritourism, and the ability to form partnerships with local businesses and educational institutions.

Threats could include competition from larger agribusinesses, changes in government regulations regarding organic certification, and fluctuations in market prices for organic produce.

Competitor Analysis

Competitor analysis within the sustainable farming industry indicates a mix of competition.

Direct competitors include other local farms, organic produce distributors, and even larger grocery chains that are expanding their organic sections.

These competitors strive to meet the increasing demand for organic and sustainably-grown food.

Potential competitive advantages for our farm include the freshness and quality of our produce, our commitment to environmentally friendly practices, and our strong community ties.

Understanding the strengths and weaknesses of these competitors is crucial for carving out our niche and emphasizing our unique value propositions.

Competitive Advantages

Our farm's dedication to sustainable and organic farming practices sets us apart in the industry.

We offer a wide variety of seasonal produce, ensuring that our customers have access to the freshest and most nutritious fruits and vegetables.

Our engagement with the local community through educational programs and farm visits strengthens our brand and fosters customer loyalty.

We are transparent about our farming methods and the origin of our seeds and inputs, which reassures customers about the integrity and safety of our food products.

You can also read our articles about: - how to establish a farm: a complete guide - the customer segments of a farm - the competition study for a farm

The Strategy

Development plan.

Our three-year development plan for the sustainable farm is designed to be progressive and responsive to market demands.

In the first year, our goal is to establish a strong foundation by cultivating a variety of high-demand, seasonal crops and beginning our livestock program. We will also focus on building relationships with local markets and restaurants.

The second year will be geared towards expanding our product line to include value-added products such as jams, cheeses, and preserved goods. Additionally, we plan to increase our livestock capacity and introduce agritourism activities.

In the third year, we aim to solidify our presence in the regional market by scaling up our distribution, optimizing our agritourism offerings, and exploring export opportunities for our products.

Throughout this period, we will prioritize sustainable farming practices, community engagement, and the continuous improvement of our operations to ensure a positive impact on the environment and society.

Business Model Canvas

The Business Model Canvas for our sustainable farm focuses on customers who value organic, locally-sourced, and ethically-produced food products.

Our value proposition is centered on delivering fresh, high-quality produce and farm products, coupled with a commitment to environmental stewardship and community support.

We plan to distribute our products through farmers' markets, local grocery stores, online platforms, and direct-to-consumer sales on the farm itself, utilizing our key resources such as fertile land, skilled labor, and farming equipment.

Key activities include crop cultivation, livestock management, product processing, and community engagement initiatives.

Our revenue streams will be generated from the sale of produce, value-added products, and agritourism services, while our costs will primarily involve inputs for farming, labor, and marketing efforts.

Access a detailed and customizable real Business Model Canvas in our business plan template .

Marketing Strategy

Our marketing strategy is built on the pillars of authenticity and community connection.

We aim to engage with our customers by sharing the story of our farm, the benefits of sustainable agriculture, and the superior quality of our products. Our approach includes community events, farm tours, and educational workshops.

We will also develop partnerships with local businesses and organizations to promote our products and agritourism activities.

Additionally, we will leverage social media and content marketing to showcase our farming practices and build a loyal customer base that values transparency and sustainability.

Risk Policy

Our risk policy for the sustainable farm is designed to mitigate risks associated with agriculture, such as crop failure, livestock health, and market fluctuations.

We will implement diversified farming techniques and crop rotation to reduce dependency on a single crop. Our livestock will be raised using humane and healthy practices to ensure their well-being and productivity.

We will also keep abreast of market trends to adjust our product offerings accordingly. Prudent financial management will be practiced to safeguard against economic downturns.

Insurance policies will be in place to protect against natural disasters and other unforeseen events. Our priority is to run a resilient and adaptable farming operation that can withstand various challenges.

Why Our Project is Viable

We are committed to establishing a sustainable farm that meets the growing demand for organic and locally-produced food.

With our dedication to quality, community, and sustainable practices, we believe we can carve out a significant niche in the agricultural market.

We are excited about the opportunity to contribute positively to environmental conservation and to enhance the well-being of our community through our farming initiatives.

We remain flexible and open to evolving our strategies to meet our objectives, and we are optimistic about the future of our sustainable farm.

You can also read our articles about: - the Business Model Canvas of a farm - the marketing strategy for a farm

The Financial Plan

Of course, the text presented below is far from sufficient to serve as a solid and credible financial analysis for a bank or potential investor. They expect specific numbers, financial statements, and charts demonstrating the profitability of your project.

All these elements are available in our business plan template for a farm and our financial plan for a farm .

Initial expenses for our farm include acquiring land suitable for organic farming, purchasing farming equipment, setting up irrigation systems, and building infrastructure such as greenhouses and storage facilities. We will also invest in obtaining organic certification, buying high-quality, non-GMO seeds, and training our staff in sustainable farming practices. Additionally, costs will be allocated for brand development and marketing strategies to promote our farm's commitment to sustainable and organic produce.

Our revenue assumptions are based on an in-depth analysis of the local and regional demand for organic produce, taking into account the increasing consumer preference for healthy, environmentally friendly food options.

We expect our sales to grow steadily as we establish our reputation for providing fresh, high-quality organic products and as more consumers become aware of the benefits of organic farming.

The projected income statement outlines expected revenues from the sale of our organic produce, production costs (seeds, labor, water, fertilizers), and operating expenses (land lease or mortgage payments, marketing, salaries, etc.).

This results in a forecasted net profit that is essential for assessing the long-term viability of our farm.

The projected balance sheet will display assets unique to our farming operation, such as land, equipment, and crop inventories, against liabilities including loans and future operational costs.

It will provide a snapshot of the farm's financial standing at the end of each fiscal period.

Our projected cash flow statement will detail the inflows and outflows of cash, enabling us to predict our financial needs. This is crucial for maintaining solvency and ensuring that we can meet our operational requirements throughout the farming seasons.

The projected financing plan will identify the mix of personal investment, grants, loans, or investor capital we intend to utilize to fund our initial expenses.

The working capital requirement for our farm will be meticulously tracked to guarantee that we have sufficient funds to support our day-to-day operations, such as seed purchases, equipment maintenance, and payroll.

The break-even analysis for our farm will calculate the volume of produce sales required to cover all of our costs, including the initial setup investments, to begin generating a profit.

It will signal the point at which our farming business becomes financially sustainable.

Key performance indicators we will monitor include the profit margin on our organic produce, the current ratio to evaluate our ability to meet short-term liabilities, and the return on investment to determine the efficiency of the capital we have invested into the farm.

These metrics will assist us in gauging the financial health and overall success of our organic farming venture.

If you want to know more about the financial analysis of this type of activity, please read our article about the financial plan for a farm .

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How to Start a Farm in 2024: Detailed Steps, Costs, and Considerations

Published: January 22, 2024

A red barn on a farm with a cow in the foreground on a sunny day

If you've ever wondered how to start a farm, you're not alone. In this article, we show you an opportunity to stake your claim, embracing a life rooted in the sweat of your brow and the fertility of the land.

You are about to embark on a new farming journey, and we're here to provide substantial insights into the key pieces of starting a farming business. After all, this isn't just a hobby or passing fascination. Now, let's roll up our sleeves and get down to earth.

Step-by-Step Guide to Starting Your Farm

Learn about farming goals and why they are important for success.

Selecting the right type of farm based on your ambition and your goals

Discover how to secure land and resources vital for starting a farm.

Understand the significance of a comprehensive farm business plan and its key components.

Gain knowledge on executing your plan and tips for initiating operations effectively.

Step 1: Identifying Your Farming Business Goals

Drafting clear goals is important before venturing into any business ; farming is no exception. Goals serve as your GPS, guiding your actions and decisions from inception to operation and beyond. For instance, you may aim to start a crop farm to provide organic produce for the local market.

Alternatively, you may dream of starting an animal farm, focusing on dairy or meat production. Regardless of your chosen direction, an articulated path clears ambiguities and enhances focus.

Importance of Setting Clear Goals

Clear aims provide guidelines that shape your farming operations. Outlining SMART (Specific, Measurable, Achievable, Relevant, Time-bound) farming objectives provides a strategic pathway to making informed decisions. It is this specificity that allows one to select the most suitable type of farm, choose the appropriate land, and manage resources meticulously.

Examples of Farming Business Goals

For instance, if your goal is to start an off-the-grid permaculture farm, decision-making will pivot to eco-friendly operations. If the aim is to start an urban rooftop farm, the focus may be on optimizing limited space for maximum yield.

Step 2: Choosing the Right Type of Farm

Each type of agribusiness requires unique considerations, from the soil's quality and climate conditions to market potential. Data suggests that understanding your intended farm helps narrow your options and ensures that you invest wisely.

Different Types of Farms and Their Requirements

Each has unique money-making requirements , whether a crop farm, dairy farm , poultry farm, horticultural operation, or mixed farm. For instance, dairy farms demand significant attention to livestock health and handling, while a crop farming business needs precise knowledge of soil management and plant diseases.

How to Choose the Right Farm Based on Your Goals

In determining the right farm type, you should consider your personal interests and skillset, market demand, available resources, and farming location. Doing this aligns your venture with your core objectives, making progression smoother and more fulfilling.

Step 3: Developing a Farm Business Plan

A well-crafted farm business plan is important for securing funding from lenders or investors and serves as your farming business blueprint.

Importance of a Business Plan

A business plan outlines the specifics of your farm operations, the marketing tactics, financial projections, and resource management strategies. It allows you to anticipate possible challenges and plan for them in advance.

Key Elements of a Farm Business Plan

Essential components of the plan should include an executive summary, your farming business goals, method of operations, marketing strategies, financial forecasts, and risk management plans.

Step 4: Securing Land and Resources

Once you've defined your farming business goals and the most suitable type of agribusiness, the next step is securing land and requisite resources. According to the USDA's Farmers.gov , you'll need to consider factors like creating a plan, assessing the land, find funding, among other steps, before selecting the right farmland for your venture.

How to Find and Purchase Suitable Land

Identifying the right land entails comprehensive research to ensure it meets your farming requirements. We recommend hiring an expert to perform soil tests and environmental assessments before finalizing a purchase.

Necessary Resources for Starting a Farm

Apart from land, other resources are crucial for a farm: capital, farming equipment, seeds or animals, and labor. Having a checklist of everything you need to have a successful farming operation and calculate comprehensive startup costs is important.

Step 5: Implementing Your Plan and Starting Operations

Having a successful farm business isn't just about planning. The next phase is implementation.

Steps to Implement Your Business Plan

These steps range from acquiring the necessary permits and purchasing resources listed in the plan to hiring employees and initiating operations. It's important to revisit and adjust the plan regularly as circumstances change.

Tips for Starting Operations Smoothly

Successful operation commencement hinges on planning. Develop an operation checklist, delegate responsibilities to your team, and ensure all necessary regulations are adhered to for a smooth start. A great emphasis should always be put on quality assurance.

Incorporating these steps provides a roadmap for avoiding common pitfalls and moving toward a successful venture when starting a farm. As always, make sure you conduct market research before starting your venture.

The table below shows the issuing agency for permits based on the business activity you plan on pursuing (source: sba.gov )

Next, gain a clear understanding of the costs associated with starting a farm.

Understanding the Costs of Starting a Farm

Get a clear picture of the initial and ongoing operational costs of the farming business

Learn strategies to manage these costs effectively

Initial Investment Costs

You can start a small farm for as little as $600 to over $10,000 because it depends on various decisions and factors like the type of equipment and whether you're hiring people to help. Before dipping your toes into the farming industry, it's crucial to comprehend the initial investment costs. The foundational pillars involve expenses related to land acquisition, purchasing necessary farming equipment, and introducing the desired crops or livestock to your property.

You can also see if you qualify for loan programs if you're a beginner farmer.

An infographic with details on the loans available to new farmers

The land cost can vary dramatically based on the location, fertility, and size. Typically, more fertile land boasting a good location tags a steeper price. Important to note – the calculation must also include the cost of relevant insurance coverage (liability, property and crop insurance etc.).

Farming equipment follows next. Tractors, planters, plows, and irrigation systems have substantial price tags. Acquiring livestock requires immediate financial attention if you're planning on animal farming.

Less apparent costs include seed, buildings, and site improvements like fencing or driveways. Now the question becomes, how do you manage these initial costs?

One common approach is to start small and scale over time. At first, consider leasing the land or buying used equipment. Government grants and loans to support farmers can also help ease the financial burden.

Remember, it's not about cutting corners but smart investing and growing steadily.

Ongoing Operational Costs

Even after overcoming the hurdle of initial costs, farms have ongoing operational expenses that need frequent attention. These costs mostly include maintenance of your equipment, seeds for new crops, animal feed, irrigation, and labor costs.

It might surprise you, but labor, including salaries, benefits, and insurance for your employees, often represents one of the highest ongoing costs you'll face. Regular maintenance to keep your machinery in optimal condition and replacing worn-out parts are necessary.

Alongside, insurance can become a hefty annual expense. You will need to include it as a necessary expenditure that safeguards you against major losses.

As we get into the rhythm of regular farm operation, let's dive into strategies for a cost-effective farming business. Streamlined operational practices are the name of the game here.

Precision farming – using technology and data to optimize yields and efficiency – is one way to get more for your money. Properly maintaining your equipment can reduce the frequency and cost of breakdowns. Choosing the right crop or livestock based on markets and your particular farm's strengths could also lead to better profitability.

Effective cost management in farming isn't about cost-cutting; it's about value-maximizing, ensuring every dollar spent returns the best yield or benefit possible. As with most business ventures, this might involve a steep learning curve and plenty of trial-and-error, but with persistence and careful planning, a sustainable and financially stable farm is well within reach.

To help you get started, here is a list of items to consider when starting a farm.

Equipment, Machinery & Tools :

General farming tools and equipment

Primary farm housing structures

Fencing materials

Storage facilities

Harvesting equipment

Fuel for machinery

Greenhouse structure

Irrigation system

Cooling equipment

Packaging material if you're selling on farmers markets

Crop Preparation :

Soil and Fertilizers

Crop protection materials

Pest control supplies

Raising Livestock (if applicable)

Cost per animal type ( cows , chickens , horses) multiplied by the number of animals

Preventative care costs

Additional :

Marketing budget (if applicable)

Utilities (water, electricity)

Transportation (for products)

Labor (if not self-operated)

Training and Education for yourself or your staff

Legal and regulatory compliance fees

Emergency fund

Overcoming Challenges in Starting a Farming Business

Anticipate and prepare for financial obstacles common among new farmers.

Understand and navigate the maze of regulatory requirements.

Tackle environmental and climate-related risks with sustainable, resilient farming strategies.

Dealing with Financial Challenges

Many aspiring farmers often encounter a series of financial obstacles before they can even plant their first seed. It's important to familiarize yourself with these challenges and employ strategic financial management resources. A little extra research can turn up additional financial assistance just when you need it.

Common financial hurdles for new farmers

Capital investment is a critical component of starting a farm, including the procurement of land, essential farming equipment, and seeds. Additional costs include labor, packaging, transportation, marketing, and, potentially, organic certification fees. These costs can be daunting, especially for those without deep pockets or a rich agricultural heritage.

Resources and strategies for financial management

However, confronting these financial challenges requires a strategic approach. Creating a detailed, realistic financial plan is indispensable. Be sure to understand your break-even point and buffer any unexpected expenses. Crowdfunding and agricultural grants can also supplement initial capital needs.

Navigating Regulatory Requirements

Starting a farm business isn't just about tilling the land and harvesting crops. It is also about compliance with farming regulations protecting the farmer and consumer. It can feel overwhelming, but understanding these requirements can help prevent hefty penalties and maintain a farm's success.

Overview of farming business regulations

From business licenses, zoning, and water rights to safety inspections, various governmental bodies regulate different aspects of farming. These regulations can vary by geography, crop type, and farming practices. Checking with local, state, and national bodies for applicable regulations is important.

Tips for compliance and avoiding penalties

Ensuring compliance with these regulations requires comprehensive record-keeping, regular audits, and proactively keeping updated on law changes. When in doubt, get legal help to guide you through the maze of regulations.

Managing Environmental and Climate Risks

Climate change presents unique challenges to a farming business. A sustainable and resilient approach is essential for prolonged success.

Impact of climate change on farming business

Climate change can affect farming by altering rainfall patterns, inducing higher temperatures, and increasing the frequency of extreme weather events. All these factors create uncertain conditions for crop growth and livestock health, fundamentally affecting farming viability.

Strategies for sustainable and resilient farming

Successful adaptation to climate change necessitates strategic planning. Diversify your crops , use water-saving techniques, and employ climate-smart agricultural practices. Use data to understand potential climate risks, anticipate changes, and make informed decisions. Resilience is built one day at a time; it is a marathon, not a sprint. Being adaptable is key in navigating this challenge.

Overcoming challenges in starting a farm requires diligence and adaptability. But with careful planning and proactive management, you'll conquer these hurdles and ensure a thriving farm operation.

Essential Resources for New Farmers

Navigate red tape with government and nonprofit programs

Forge valuable connections within farming communities and local markets

Harness the power of the digital world with online tools specifically catered to farmers

Government and Nonprofit Programs for Beginning Farmers

Long-standing government support and fresh initiatives from nonprofit organizations provide a tailwind for those starting a farming journey. These entities offer many resources, including loans, grants, and educational programs. Brand new farmers, in particular, are incentivized towards benefits that can ease their entry into the industry.

Overview of Available Programs

A wide spectrum of programs is available, from seed funding to extensive land conservation efforts. Several departments under the U.S. Department of Agriculture (USDA), such as the Farm Service Agency and Conservation Service, offer schemes targeting budding farmers. Simultaneously, nonprofit organizations like the National Young Farmers Coalition provide the necessary advocacy and direct assistance. A thorough exploration of both can yield lucrative opportunities for new farmers.

How to Apply and Make the Most of These Resources

Applying for these programs typically involves an online application process, documentation, and patience. Detailed guidelines provided by the issuing authority ensure a smooth process. Most importantly, don’t view these resources merely as financial aid. Instead, consider them an invaluable opportunity to learn more about the industry, network with veterans, and potentially shape local farming policies.

Farming Communities and Networks

Even with modern technology, farming remains a community-centric practice. Networking within these communities can be a game-changer for those new to the field, providing rich insights from generations of farming.

Importance of Community Supported Agriculture

Farming isn't just about tilling soil and growing crops. It involves intricate knowledge about local ecosystems, market demand, and financial management. All of which can be readily provided by a robust farming community. These communities can potentially speed up your learning, mitigate common beginner's mistakes, and even offer emotional support during tough times.

How to Connect with Other Farmers and Learn from Their Experiences

Consider attending local farming exhibitions and workshops or joining farming cooperatives to meet experienced farmers. Even during family gatherings, farmers markets offer a convenient place to meet several farmers in the same area. Social media platforms also offer virtual farming communities where you can easily connect with and learn from farmers worldwide.

Online Resources and Tools

The digital revolution hasn't bypassed farming. Several online resources and applications are available to help farmers stay updated, forecast weather conditions, manage their farms, and interact with a global community.

Useful Websites, Apps, and Tools for New Farmers

Online services such as Ranchr offer a much-needed cattle management service for farmers. Using these resources optimally can keep you at the forefront of industry advancements, helping streamline farm management and supporting critical financial decision-making.

How These Resources Help in Starting and Managing a Farm

These digital tools offer multifaceted benefits. Beyond the logistics of farming, they enhance your understanding of market trends, equip you with skills to analyze data for better decision-making, and connect you with an extensive network of farmers. Coupling these digital resources with insights from local farming communities can provide an optimal blend of traditional knowledge and modern efficiency. But remember, nothing beats connecting with your fellow farmer face to face. Don't hesitate to pick up the phone.

Planting the Seeds for Your Future

Venturing into farming this year could signify a step towards sustainability and entrepreneurship. It involves careful planning, budgeting, and navigating the potential challenges of crop failure, pests, and changing market conditions.

The value of this endeavor lies in improving food security, growing a sustainable business, fostering a deeper connection with nature, and offering value to your community.

Now, armed with this roadmap, your journey begins. Consider your starting capital, scout locations, select your crops, and engage with local farming communities for mentorship.

We hope these steps and strategies have illustrated and given you inspiration on how to start a farm.

Remember, the earth beneath us is teeming with possibilities - it's time to dig in and cultivate your own!

Keep track of all your cattle with the #1 Cattle Management App

Download today for free!

Keep track of all your cattle with the #1 Cattle Management Software

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Horizon Farm Credit

How to write a farm business plan.

How to Write a Farm Business Plan

Getting a loan for your agricultural business — no matter the size or scope — means asking the lender to have faith in your ability to manage a full-fledged operation and your finances in a healthy way. The best way to prove that is by coming prepared with a farm business plan proposal.

No pressure, right? While it may seem daunting and scary, we’ve broken down the steps to writing the perfect business plan below. Read on to learn more and check out the end of this guide for additional resources to help you craft a top-notch business plan.

Creating a Farm Business Plan

You can set yourself up for success — both in business and with your lender — by having a detailed business plan for your farming operation. It doesn't need to be pretty, but you do have to prove that you're willing to put the time and effort into creating a well thought out course of action for your operation.

Are you already operating but don't have a plan? That's okay! It's never too late to put extra thought into how your operation will continue to fulfill your livelihood.

What to Include in your Agricultural Business Plan

Whether you're a new farmer looking for a loan , or a seasoned grower that needs funding for a new agribusiness , there are a few things that you want to make sure you include in your agricultural business plan.

Title/ Cover Page

Keep it simple on the cover page. The most important information here is accurate contact information so your lender can get in touch with you easily. Include your mailing address, phone, email, and fax if you have it.

Business Overview

Although it will be the first page of your farm plan, this will be the last section that you write, since it acts as a summary of all your key points in your plan. Remember that this is the first section that your lender will read , so they’ll expect to see all of the highlights that make approving this loan a good financial decision for both you and the lending organization. Include points about expansion plans, market opportunities, financial trends and projections in a short and easy to read summary. Treat this section as if you're telling a stranger about your operation and you want to give them an overview of what you do and what sets you apart from other businesses in your industry.

What are your key business objectives? In this part of your farming business plan, you'll want to describe your products and services your business will offer. 

Start by describing how your business will operate and include what makes your business unique. Provide details regarding the size of the operation, location, and note any expansion plans.     

Who is your target audience? Who will benefit from your products or services produced from your farm business?   

Think about the desire and drive behind why you want to pursue this business venture. It is common to connect your business why with your mission statement.  

If applying for a loan:

If you’re starting a new operation, clearly state how much money you are applying for, how you plan to use it and how it will make your business more profitable, thereby ensuring repayment. 

Creating your own farm business plan will take time and effort. As you complete sections, send them to partners or colleagues to review as you go along. If you have any questions on farm business plan examples or more specifically what lenders are looking for, give us a call. 

Business Management and Organization

Business history:.

How long have you been in operation? Are you starting from scratch or did the business have previous owners?

Strengths and Weaknesses:

Describe the strengths and weaknesses of your business.

Implementation Timeline:

What is your plan of action? What specific tasks need to be completed in order to reach your business goals?   

Goals are often broken into two categories — short term and long term. Short term goals are focused on actions likely to be achieved in 1-3 years, and long term goals are likely accomplished in 3-10 years, or beyond.  

Risk Management:

What risk management practices do you have in place? Think about your business contingency plan, insurance coverage , regulatory requirements, and your market and production diversification.   

For some people, this can be the most fun or the most challenging part of creating your small farm business plan. Before thinking about your marketing tactics, think about the data you need to make informed business decisions .  

Market Share:

Researching your target market is key to understanding what opportunities are available in the marketplace. Is there current market share to gain? How will you remain competitive as a farm business? Who are your biggest competitors in the marketplace? Do you anticipate any obstacles?    

How will your farm business generate farm income? Think about how your product will be sold and priced? What is your projected or estimated income? How are you going to gain commitments and contracts to sell your products? 

What marketing strategy will your business use to reach your business goals? As a small business, will you utilize tools like social media, email marketing, and/or ecommerce to maximize your marketing efforts to connect with your target audience? Check out our blog on how to create a marketing plan for your farm and download a free template!

Arguably, the most important part of your agricultural business plan is how you will finance your operation. In this section, make sure to take time to complete your balance sheet. The balance sheet will identify your cash-basis income trend, breakeven analysis, and sensitivity analysis. This statement is a summary of what you own vs. what you owe. 

The income and expenses statement shows your business’ profit and loss over a period of time, determined by taking all the revenue and subtracting all expenses. This will show the profitability of your operation. 

Business Advisors

Business advisors are a group of professionals who serve as subject matter experts to enhance productivity, business, and on-farm profitability, while offering technical insight for your farm operations. Surrounding yourself with people who know how to support your farming venture will help to support and find your long-term business success. You will want to organize your team that might consist of an attorney, accountant, lender, insurance provider, and consultants in the last section of the business plan.  Did you know Farm Credit offers services for Accounting, Records, Payroll and Taxes, Appraisal, Business Consulting, Farm Succession Planning, and more? Give us a call at 888.339.3334 or view our full list of services here .

Congratulations! You’ve made it through each section of how to write your business plan! If you’re interested in more coaching on your business plan, check out the resources below or give us a call to connect with a local lender — we're happy to help. 

Additional Resources to Help You Write Your Farm Business Plan

Request your Business Plan Template and replay of our How to Write a Business Plan webinar here.

Click here to request a mentor with SCORE Small Business Resources.

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Did you find what you are looking for.

Agriculture or farming is the only industry consistently performing well, regardless of economic climate changes.

Whether you plan to start farming, cannabis cultivation, a cattle farm, or nursery business, you’ll do great as long as you do things right and have a solid business plan.

This library of farm business plan examples here can inspire and guide you as you begin to plan your business. So, don’t worry; we got you covered on that part.

Let’s learn more about these agriculture business plan samples, starting with their benefits.

Benefits of using an industry-specific business plan example

Believe it or not, using an industry-specific business plan example is the best and probably the quickest way of writing a business plan.

Doubt it? Hold, this may change your perception; an extended list of the benefits of using an industry-specific business plan template.

  • Inspiration : Reading a business-specific template can be incredibly helpful in getting content inspiration. Furthermore, it helps you gain insights into how to present your business idea, products, vision, and mission.
  • Risk-free method : You are taking a reference from a real-life, let’s say, plant nursery business plan—so you know this plan has worked in the past or uses a method subscribed by experts.
  • Deep market understanding : Analyzing and reading such examples can provide clarity and develop a deeper market understanding of complex industry trends and issues you may not know but relate directly to the realities of your business landscape.
  • Increased credibility : A business plan developed using an example follows a standard business plan format, wisely presents your business, and provides invaluable insights into your business. There’s no question it establishes you as a credible business owner, demonstrating your deep business and market understanding.
  • Realistic financial projections : Financial forecasting being a critical aspect of your plan, this real-life example can help you better understand how they project their financials—ultimately helping you set realistic projections for your business.

These were the benefits; let’s briefly discuss choosing an agriculture or food production plan example that best suits your business niche.

Choosing an Agriculture or Farming Business Plan

This category has business plan templates for various farming or agricultural businesses. With many similar business types and templates, you may not find the most suitable one through manual scrolling.

Here are the steps to consider while choosing the most suitable business plan template.

Identify your business type

Are you planning to start cannabis cultivation? Or thinking of doing organic farming? Thinking of taking care of horses through horse boarding?

Asking yourself these questions will help you identify your business type, which will help in choosing a niche-specific business plan template.

Once you identify your business type, you can choose between templates for different business segments.

Search for the template

We have an in-built search feature, so you can easily search for a business-specific template using your business type as a key term. Once you have the search results, choose the most suitable one. Simple as that.

Review the example

Look closely at the content of the sample business plan you are considering. Analyze its sections and components to identify relevant as well as unnecessary areas.

Since all the Upmetrics templates are tailored to specific business needs, there won’t be many fundamental customizations. However, a hybrid business model targeting multiple customer segments may require adjustments.

For instance, if you plan to start a cannabis cultivation business and also produce and sell CBD, you may need to adjust some of your business plan sections accordingly.

No big deal—you can view and copy sections from other business plan examples or write using AI while customizing a template.

That’s how you find and select the most suitable business plan for your farming business. Still haven’t found the perfect business plan example? Here’s the next step for you.

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Agriculture Farm Business Plan Example

Published Jul.25, 2013

Updated Apr.24, 2024

By: Cynthia Turner

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agriculture farm business plan

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Agriculture business plan for starting your own business

Farming and agriculture business is not as easy as it seems. An even difficult step is to plan how to write a business plan for agriculture. Whether it is a Christmas tree farm business plan or an organic fertilizer business plan , you need to put real effort into planning each and every aspect of your agriculture business plan . To become successful, you should know the ways to operate your enterprise efficiently. You should know your revenue and cash position. You also need to forecast your crop rotations.

We have here provided a detailed business plan so that you can avoid any inconvenience in making a plan for yourself. No matter if you want to make a fish farm business plan or fountain pepper farm business plan , hydroponics farm business plan , or even an aquaponics farm business plan , this sample business plan agriculture template will help you.

A well-formed business plan of agriculture will help your agriculture business plan grow and generate the revenue that you dream of. It will help in managing your business in hard times and will also improve the chances of getting loans from the government for your business. So, if are thinking of creating a business for a bank loan , check out this template.

Executive Summary

2.1 the business.

The Old Maple Way will be a registered farm in New York, US. The business will aim to provide fresh fruits and vegetables to its customers. Along with it, we provide high-quality dairy products. Instead of competing with other farms in town, we will mainly focus on the quality and pricing of our products.

In any business plan agriculture project, the aims and goals should be clear. Instead of looking for an online business plan expert , you can write your business plan exact like agriculture business plan examples available online.

2.2 Management of Agriculture

The Old Maple Way Farm will be managed by James Celery. He will look into all the operations going on the farm. For his assistance, three managers will work with him. These managers will be trained for a month before starting their jobs. As per this agriculture business plan pdf, James will hire some highly experienced farmers who will look after the growth and management of fruits and vegetables. James will ensure the quality of production himself.

2.3 Customers of Agriculture

Customers are the backbone of every business. If you know the right audience for your agriculture business , you will be able to achieve your target. You will get the idea of how to run your agriculture business plan if you understand your customers. The main customers for the agriculture business will be the following:

  • Export to Foreign Markets
  • Domestic Hotels and Restaurants
  • Domestic Food Companies

2.4 Business Target

The main goal of Old Maple Way Farm is to produce high-quality products for the people. We do not compromise on the hygiene and our team takes care of it.  The most important thing matter to us is our customers’ satisfaction.

Here are our targets:

  • Our primary target is to become the most loved farm by people within the next 3 years of our launch.
  • Our secondary target is to increase the net profit every month.

Landlord Business Plan Writing

Company summary, 3.1 company owner.

The owner of the Old Maple Way will be James Celery. James had a dream of starting his own agriculture business plan since he was a teenager. He wanted to produce high-quality products that do not contain harmful chemicals.

3.2 Why the farm is being started?

When James was asked why he is interested in starting a farm, he said he wanted to produce chemical-free and organic products for the people. He says that nowadays, it is difficult to find something that is purely organic and chemical-free.

Companies and farms are using harmful chemicals to increase their production. Due to it, they have ignored the quality and only focus on the quantity of production. To produce pure products, he planned to start a farm of his own. He further added that he wants to produce products that are affordable and easy to buy.

3.3 How the Farm will be started?

In a business plan for agriculture, you should mention the steps to start a farm. When you know how to make a business plan for agriculture, your agriculture business  will be successful. The agriculture export business plan includes all the necessary steps needed to start an agriculture business. To start a farm, you need the right techniques and ideas. Before starting a farm, you need to consider these essential steps:

Know your Niche

The first and most important step before starting the agriculture business  is to identify your niche. Without deciding the niche, you cannot start a healthy business.

Research Market

Once you have decided on your niche, you need to do market research. For instance, you have planned to grow a specific fruit, so to make the business successful, you should know who will buy your product. Making research on the market will let you know about your competitors and how will you sell your product.

If you are interested in particular fruit, vegetable or product, first learn more about the local market.

Find the Right Land

Once you have decided what product you are going to plant, you need to take the next step, i.e, deciding the land.

If you are starting at a low budget, you can take land on lease. But if you have sufficient investment to start, you can buy your land. If you start the farm on your land, you will have complete control of your farm. But at the same time, there will be more risk factors of financial loss.

In the sample of an agricultural business plan, you will find more detailed steps on how to start an agriculture business  depending upon the type of farm you want to start.

In agriculture service business plan, you should mention all the services and products that your farm will produce. In the business plan agriculture pdf and business plan for agriculture available online. You will find the services that farms offer. Our products include the following:

We will produce fruits that are chemical-free and pure. We believe in producing organic products. Unlike other farms, we do not use any chemical that increases the quantity.

We will produce 100% organic vegetables. Our main focus is on quality and our customer satisfaction.

Cereals & Grains

We will also produce export-quality cereals and grains.

Dairy Products

We will also be offering two dairy products (milk and butter) to further supplement our sales.

20 Highly Profitable Agricultural Farm Business Ideas

If you are an entrepreneur willing to start an agriculture farm business, the following 20 agriculture farm business ideas can come in handy for your business venture.

Growing Mushrooms

Mushroom is a very popular Unlike various other crops, mushrooms can grow in less than a month. It is ready to be harvested in just about 21 days. This is the reason mushrooms have a high profit margin. Often new entrepreneurs are restless to harvest and sell their crops. So, if you too are one such impatient entrepreneur then mushrooms won’t make your wait too long to be ready. You can sell them in 3 weeks time from d date of cultivation.

  • Mushroom farming comprises of 6 stages- first you need to compost; next spawn; case; pin and finally crop it.
  • The soil of your farming land must be suitable for growing mushrooms. If this suits your soil then this is the best crop to grow. Some soils only support specific mushroom cultivation. The environment also plays a significant factor.
  • You can aim to sell the produce in the local markets and also trade them. There are various countries that use mushrooms in their everyday meals. If your land in near such countries, where mushrooms are a favorite among the masses, then this is the best crop to cultivate in your farming land. Also, the convenience of export can take your mushroom business to far off markets as well.

Potato Farming

This is a very common vegetable. Yet, you should consider this as potato cultivation is greatly rewarding in many ways. Potato is consumed in meals almost daily by people both at home as well as in canteens. It is yummy, simple and very nutritious. The demand for potato is so high that even if there are other near-by farming areas growing potatoes, you still can produce it and benefit largely.

  • There are a large variety of potatoes, so check the soil and the market, in order to decide which potato you should cultivate in your land. You can opt for the sweet potatoes or Irish potato farming. They are quite popular across the globe. Furthermore, they can be sold as vegetables directly and can also be sold in the processed form.
  • You can choose bulk potato farming and process them if you have the capital and equipment. Potato chips and French fries are savory snacks loved by all. You can never go wrong with potato business as it ensures a high profit margin.
  • You can also choose to sell potato seeds. This is an excellent money-spinning business idea. Get in touch with local, national and international potato cultivators to sell potato seed tubes and make a flourishing agriculture business out of it.

Spice Production

With the widespread knowledge about the health benefits hidden in various spices, household cooking as well as commercial restaurants have started using spices in their food in daily basis around the world. Furthermore, the boost in flavor and the pleasant aroma that come from adding spices to cuisines has made spices a favorite ingredient in the kitchen. The high demand and being a very costly product, spices are a great option for agriculture farm business plan. Spice cultivation can churn a lot of money making farming a flourishing business opportunity.

  • There are a large variety of spices available such as cardamom, black pepper, nutmeg, cumin, etc. You have a lot of agriculture farming options when it comes to spices.
  • You can choose to start farming the spice as per the popularity in your locality.
  • Spices can be used in food either whole, sun dried, powdered, paste or even in liquid form. You can sell the whole spice. You can also extract the oils from the spices and sell it in bottles.
  • You can plan to grow either a single type of spice or multiple ones depending on your soil. There are different spices that grow in different seasons. You can also opt to grow a spice rarely cultivated in your state and reap huge profits.

Cashew nut agriculture production

Cashew nuts a type of dry fruit that is widely popular across the globe. It is consumed mostly as a savory snack with salt and other spices. You can sell them raw, as well as in processed form. Cashew nut processing entails 4 simple stages. It starts with cleaning the nuts, they roasting them, followed by drying and finally removing the peel.

  • Cashew nuts are highly nutritious, boosts energy and fiber in the body. Hence, demand for cashew nuts is quite high globally. You can earn huge capital by producing cashew nuts in your farm land.
  • Processed cashew nut sale can get you high profits if you can ally with wholesalers near your land and draw in a fixed cashew nut supply. Wholesalers will sell you the raw cashew nuts at a low cost. You can process the cashew and make profit.
  • The medicinal value of cashew nuts has made cashew nut farming a highly lucrative business.

Poultry farming

Chicken is the particular poultry bird raised to the highest number. Gone are the days when households had a few chickens in their backyard to serve their need for eggs and meet. Currently, poultry farming is a huge money-making business that has made its mark internationally. Poultry farming being a lucrative venture has led to the birds being injected with harmful chemicals and are reared in large number without proper hygiene. This has resulted in the rise in demand for good quality poultry farms. This can be your opportunity to grab. Strategize to start an excellently well-maintained poultry farm business to give the masses the best quality eggs and meat.

  • Eggs and meat being a high source of protein have notched a vital place in the dietary charts for good health. This has made people from all walks of life add eggs to their breakfast and consume a portion of meat regularly. Hence, a magnificent rise in the sales of poultry farms.
  • Another way of making gains through poultry farming is selling frozen chicken. You would needs some additional tools and storage facilities incorporated in your farm for this sort of business. Get in touch with the local eateries, fast-food joints, restaurants and hotels to deliver them- frozen chicken. This can be a profitable venture when you have some good contacts established.

Bee-Keeping and Honey-Making Business:

Producing honey by keeping bees in the garden was a personal choice earlier. People passionate about making honey who had a little space in their backyard kept bees. But now, it has turned out to become a huge farming industry that a large number of entrepreneurs take interest in pursuing as an agriculture endeavor. With the heightened honey consumption worldwide, the sales margin has also increased drastically. This has drawn more entrepreneurs in bee farming. The reason for such rise in the demand for honey is because people are switching to honey intake instead of sugar. Honey has been proved very healthy, helps in losing weight and is also used in beauty products. If you desire to start agriculture farm business plan, then this is one of the best choices. Bee-keeping does not require a large farming land nor do you need to invest huge capital. All you require is- some knowledge and training on the basics of keeping bees for agriculture business. There are training schools and experts who teach how to start a honey producing business and also how bees should be monitored. Furnished with such skillful training you can conveniently start farming and run a bee-keeping and honey making business. If you produce honey in your farming area, you can have several prospective clients to sell, such as –

  • Sell it to high net-worth person,
  • There are hard-working people, fitness conscious people who prefer honey to sugar
  • You can buy low-priced top quality honey from dealers, bottle it up and sell it in the market, both in the local as well as global arena.

Herb and Flower Plantation

The best part about herbs and flower plantation is that they can be grown in small quantities. You do not need any skills or expertise to grow them. They can be grown indoors as well as outdoors. Moreover, both hers and flower plants have multiple usages. You can even do a profitable business with dry herbs and flowers. Both are easy to grow, high in demand and lucrative ventures. Furthermore, you can grow both herbs and flowers in the same farming land.  Yes, you will need some appropriate apparatus for good quality plantation results. Adequate water supply, proper sunshine, manure and right method must be followed too. Herbs have a wide range of usages-

  • They are a central ingredient in flavoring food
  • Used for making beautiful fragrances
  • Is majorly bought by the Pharma company
  • Are also used in healing centers to help people relax and loose there stress

Flowers too have multiple usages-

  • There are edible flowers used in cakes and various cuisines
  • They are used in beauty products, to make lipsticks, nail-polish, hair color and so on
  • Several fragrances and extracted from flowers, rose, lavender, orchid being popular blooms. In fact, dry flowers are majorly bought by the fragrance company.
  • Extensively used for decorating venues
  • Flower bouquets, for weddings as well as gifting item is always in trend

Aloe Vera Plantation

Aloe Vera is basically a tropical plant but the good thing about this plant is that, it can be cultivated in dry farming lands as well. Aloe Vera is a profitable agriculture business idea because its medicinal value makes it a highly saleable agriculture product. It can be consumed as well as applied externally. It has lots of vitamins and minerals that are good for heart, immune system, digestion, skin ailments and many more.

Aloe Vera crop is most suitable if your farming land is in a dry area where the climate is mostly warm and humid. This plant doesn’t require much rainfall and doesn’t grow is cold regions. Light sandy type of soil is absolutely befitting for the plantation of aloe Vera agriculture crops.

Aloe Vera plants are best suited for selling globally to the-

  • Herbal industry
  • Pharma companies

Bamboo Plantation

Bamboos mostly grow in the hilly areas. This is why we most often see bamboo farming in the mountains. The immense uses of bamboos plants have made it a successful agriculture business plan choice for several entrepreneurs. There is no way you can fail with bamboo farming plan as there are always buyers inclined to purchase the raw product and process it to use in various form.

Some of the uses of bamboo plants may be listed as follows-

  • Bamboos are strong and flexible. Thus, a very useful construction product. Be it to build roofs, floors, fences etc.
  • They are utilized to build various interior decoration items
  • Furniture made from bamboo plants are a modern trend
  • Best writing papers are made from bamboo fiber
  • Various types of musical instruments are also made using bamboos
  • Tender Bamboo tips are used in cooking
  • Several infectious diseases can be cured through the medicine made from bamboo plants
  • In Asia, the chopsticks being used, are mostly made of bamboo

The huge number of uses makes bamboo plantation a very rewarding business.

Coffee & Tea Plantation

Tea and coffee are two drinks that are very popular globally. So, with coffee and tea plantation you can extend your agriculture business plan and earn huge benefits through export. Coffee and tea plantation requires a suitable soil and good amount of rainfall. The rains and dry season must be well defined so that there can be a growing season and a maturing season. You can plan to directly sell the tea leafs and coffee beans or choose to sell the processed product. With the basic plantation and harvesting techniques learnt, and equipped with the processing tools, machinery and staff, you can make flourishing business out of tea and coffee farming. Get in touch with the tea manufacturing industries, restaurants and cafeterias where there is a constant demand for tea leaves and coffee beans.

Cocoa Farming

Take your love for chocolates a step further! Plan on beginning a cocoa agriculture business. It can prove to be a flourishing enterprise. Chocolate is a favorite not only among kids but among all age groups. Relished across the globe, cocoa farming can be hugely profitable agriculture prospect. You can earn huge capital income by exporting the produced cocoa from your farming area. Cocoa is grown mostly in humid tropical region. Its beans are extracted for cocoa solids and cocoa butter. So, in order to begin farming cocoa trees in your land, you first must ensure you have an agriculture land in a humid area, or plan to buy some area. Once you have the suitable soil you can begin with your cocoa plantation business.

  • To satisfy chocolate lovers delight, cocoa is added in all sorts of foods, beverages and even fragrances.
  • Dark chocolates, chocolate ice-cream, cakes, muffin, cookies, various sweets, deserts, etc., are found everywhere.
  • Spas & beauty parlors too use cocoa in their beauty therapies as it’s very good for skin.
  • Chocolate consumption is a very delicious and easy way to counter bouts of stress & depression.

So, you have a farming soil and climate suitable for growing cocoa; prepare yourself to turn your passion into a agriculture business venture. Cocoa crops can land for hundreds of years. So follow the proper methods of farming and you can be very rich soon.

Lettuce Plantation

Lettuce has become a very popular farming vegetable for its fresh flavor. Restaurants add it to their salads, burgers, sides, etc. as consumers enjoy the crunchy fresh texture of this leafy vegetable.Additionally, the health benefits in lettuce have also made it a favorite among those fit and active person who are always on the look-out to incorporate healthy greens to their daily meal. Lettuce can be grown in several types of farming soils. Mostly, it is suitable to grow in soils rich in organic matter. The best soils for lettuce are those that can contain good quality of water and also have well made drainage system. As far as the temperature goes, lettuce grows well in fairly cool weather, about 15 degree Celsius. If your agriculture farm business plan space is in a slightly warmer land, you can grow lettuce crops by building a shade. You can go for a soil test before beginning to work on the farming area.

Lettuce crops cannot be stored for a longer period. So, keep connected with nearest markets and eateries. After harvesting the lettuce, you must sell them fresh. Lettuce farming is a rewarding business idea for start-ups.

Fruit Plantation

Various types of fruits are consumed around the globe. You may opt to begin farming any type of fruit that suits the land and climate of your particular region. When the soil is befitting only then you will get a productive yield out of which you can gain revenue.

Peaches, exotic fruits, papaya, berries, mangoes, apples, jackfruit, oranges etc., are some fruit types. You can grow any of these fruits or any other for your agriculture business endeavor depending on your soil suitability.  Most fruits are used for making juices, added to cuisines, incorporated in meals as fruit salads, and beauty treatments. Since fruits can be consumed raw you may plan to market and export them immediately after you harvest the produce. You may build processing equipments to make fruit juices and pack them to sell them anywhere in the world.

Fruits contain various healthy & healing ingredients. Hence, maximum nutritionists & doctors suggest children, adults and the elderly; to consume fruits regularly. The fruit agriculture business is an opportunity you must definitely try out.

Palm Tree Cultivation

This is the crop that gives the most quantity of oil. Due to it high yielding capacity palm tree farming is considered a money-spinning business idea. If you intend to earn on a monthly basis through agriculture business then palm tree cultivation is the best choice for your start-up venture.

Deep, moist and well-drained soils are best suited for farming palm trees. This particular crop requires a humid tropical climate. Throughout the year an even amount of rainfall is essential. When every aspect is satisfactory for palm tree farming then you should start off with it at the earliest.

Palm tree plantation and selling of the palm oils, can aid you to cut down the sale of other oils , in turn enhancing the sale of your business. Those oils that are imported are costly for the local market, thus your palm oil will sell more. It is a win-win situation for both you as well as your buyers. Thus, your business will flourish.

Cotton & Wool Production

Textile firms need wool and cotton at all times. They need it constantly for manufacturing various types of cloths. Therefore, it’s a lucrative business idea for any entrepreneur.

Cotton flower and sheep give cotton and wool respectively. So for cotton crop cultivation you need a suitable land. There may be some basic agriculture methods to be followed, certain tools and apparatus required. Of course you have to invest at the onset but after harvest you can make high business gains from your sales. You can also opt to rear sheep and get wool from them.

An advantageous factor of cotton flower and wool is that you can export them easily. There is not much critical process attached to attain the cotton from flowers and the wool is just shaved off the sheep. Furthermore, unlike fruits and vegetable, cotton and wool can be stored for as longer time span and exported to far-off countries as they do not get damaged. Thus you can plan to earn good capital by national and global export of your cotton and wool.

Rubber Production

Rubber, a stretchy materiel, is in huge demand in the market. This crop plantation can prove to be very rewarding. The innumerable items made from rubber makes it a very suitable farming product as it is sale-able in the worldwide market. For instance- Tires, Bags, etc are made from rubber.

Rubber plants cannot grow in extremely windy and freezing temperature. It needs 5-7 hrs of sunlight per day and adequate rainfall. Porous farming soil which is somewhat acidic having well-drainage is best suited for rubber plantation.

Rubber trees when taken proper care can survive for generations. So, this is a good agriculture business investment indeed.

Cattle Ranch

A very common and popular livestock raising business that includes animals such as cows, calves, ox, donkeys, bulls, etc., are known as a cattle ranch. You can choose to breed a single type of animal or several ones depending on the capital and land you have. It is best to start off with a single type of animal and slowly progress to rearing more types in your farming area. Actually, each type of animal needs to be well taken care of, with the proper food and hygiene maintained in your farming space.

Cattles are reared for multiple purposes, milk, manure, skin, as well as meat. Having a cattle ranch can instantly place you in the international business market if the quality of milk, meat and manure supplied by you if of good quality. With high sales and recognition in the global market you can easily gain huge profits and grow your agriculture business.

Shrimp Business

If you plan to own a land near the coastal region, or rent a riverside area, you can earn cash through shrimp farming. Earlier shrimp was farmed in a smaller quantity, but the rapid growth of consumption worldwide has turned it into a large scale global industry.

Shrimp is high in protein and contains anti-oxidants. A favorite among a large group of people, this is marketed in bulk in several countries. Japan, US, Thailand and China are some countries where shrimp farming is done is large quantity. You can definitely give shrimp farming a shot as success is guaranteed.

Saffron Cultivation

This costly spice is actually very easy to grow in any type of farming area. The reason for saffron being so pricey is the extensive toil that goes into harvesting the crop. Only a few strands of saffron are acquired from a flower.

Saffron is mostly used in cooking, creating beautiful fragrances and in cosmetic products. If you have a fertile agriculture soil suitable for saffron cultivation and reside in a sub-tropical warm region then saffron is the spice you must opt to cultivate in your farming area.

You can market it across the whole world. This expensive spice can churn huge money.

Rosemary Cultivation

Rosemary shrub can be cultivated across the world. It is best suited for region with cool temperatures. It can also handle frost. You can harvest rosemary 2 times per year. It depends on whether you want to harvest it for the leaves or the oil.

Rosemary is most famous for its oils. It has high commercial value for its medicinal and herbal properties.  This is a lucrative business idea and if you reside in a cold region then get a soil test done and you can start off your rosemary cultivation.

Marketing Analysis of agriculture

Business plan for investors.

To make your agriculture business  successful, you need to keep an eye on the market trends as well. If you run a complete analysis of the market, you will get an idea about many things. Understanding the trends and variables will help you in making decisions for your business. The goal of this market research is to understand and get a general idea of the overall market around your farm and how you can adjust to that ecosystem. The marketing plan for agriculture business includes market trends and market segmentation.

5.1 Market Trends

The agriculture industry is a kind of industry that never goes into loss. It continues to evolve with time. Over the past five years, the agricultural industry has grown at an incredible rate. People are now more attracted to buy organic products that are chemical-free and hygienic.

5.2 Marketing Segmentation

In agricultural business ideas and agricultural business proposal, the market segmentation is clearly defined. Besides knowing how to start an agricultural business, you need to make a complete analysis of market segmentation for it.

The most important part of a farm business plan is to have an idea of the expected marketing segmentation. In agriculture start up, you should know about the market segmentation. Here is the market segmentation that will be facing our farm:

5.2.1 Foreign Markets

The products that we manufacture will be exported. It will generate the largest part of our revenue.

5.2.2 Domestic Hotels and Restaurants

We will offer our products to restaurants and hotels. Along with fruits and vegetables, we will provide dairy products such as milk and butter to the restaurants in town.

5.2.3 Domestic Food Companies

We will also sell our products to food companies in the domestic markets.

5.3 Business Target

In a community sustained agriculture business plan, the following are our business target

  • Building a trustworthy relationship among customers
  • Providing high-quality products to customers
  • Making an excellent customer care service for our loyal customers
  • Recovering the initial investment within two years of launch
  • Increase the revenue every year by at least 20%.

5.4 Product Pricing

The prices of the products that Old Maple Way provide are comparable to other farms. We will try to provide better products and customer care to our clients. We will satisfy our customers by providing exceptional services to make as much profit as possible.

Marketing Strategy

When you are starting an agricultural business, you should also know the marketing strategy. No business can grow and become successful without a marketing strategy. No matter how many excellent services you offer, if you do not have customers, it is all in vain. The more people know about your farm and its products, the more they reach out to you.

Nowadays, the best way of marketing is social media marketing. Social platforms are strong, and they are accessible to everyone. A good thing about social media marketing is its low cost. You can reach out to millions of people with online marketing. All the business ideas in agriculture explain the importance of social media marketing and how you can use them to reach out to people.

Along with that, you need a competitive analysis to make a strategy that will make your agriculture business plan successful. You also need some agro processing business ideas as well as a perfect understanding of what is an agricultural business.

6.1 Competitive Analysis

  • People are not satisfied with the products manufactured by other farms because of the chemicals they use to increase their quantity.
  • The products that other farms sell are expensive and everyone cannot afford them.

6.2 Our Strategy

  • We will use social media platforms to advertise our products.
  • We will make our online presence so that we can reach out to more and more people.
  • We will use the advertisements channels in the area to reach out to the people.

6.3 Sales Monthly

6.4 sales yearly, 6.5 sales forecast, personnel plan.

To make your business best agricultural business, you need to make sure that the staff should work as a team. In the agriculture business model, you will find out that the environment of the farm depends on the number and type of staff which should be determined in the initial stages.

7.1 Company Staff

James Celery will be the owner and CEO of the Old Maple Way farm business. The following people will be hired to run the farm:

  • 1 Operations Manager
  • 2 Deputy Managers
  • 8 Farm Workers
  • 2 Packaging Helpers
  • 1 Accountant

7.2 Average Salary of Employees

Financial plan.

Proper planning and execution of the finance help you to maintain a stable budget for the upcoming entire year. To execute farming ideas for profit, you need to manage the finances wisely. In agricultural business plans, all the finances are mentioned.

  • Money to buy a land or take it on lease
  • The cost of buying and maintaining animals
  • The salary of employees
  • The cost of buying fruits and vegetables seeds

8.1 Important Assumptions

8.2 break-even analysis, 8.3 projected profit and loss, 8.3.1 profit monthly, 8.3.2 profit yearly, 8.3.3 gross margin monthly, 8.3.4 gross margin yearly, 8.4 projected cash flow, 8.5  projected balance sheet, 8.6 business ratios.

  • How do I make an agricultural business plan? When you look out to sample business plan agriculture farm, you will see the steps to write a business plan. Business plan for agriculture company may not necessarily be long but it should be written in an easily understandable way.
  • What is an agriculture farm business plan? It is the farming production, creating a plan for marketing and management of crops and livestock in a profitable way is an agriculture farm business plan. It includes everything such as a detailed business plan for agriculture and an agriculture equipment business plan.
  • Which agriculture is most profitable? One of the most profitable agriculture is an agricultural farm. You can start this business by investing a small amount of money. According to the demand of the local public, you can produce the items and sell them.
  • Is agriculture farming profitable? Agriculture farming is profitable as it offers a stable revenue. It is one of the fastest-growing agricultural businesses all over the world.

Download example agriculture farming business plan pdf

OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

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Cattle Farm Business Plan Template

Written by Dave Lavinsky

Cattle Farm Business Plan

Cattle Farm Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their cattle farms. We have the experience, resources, and knowledge to help you create a great business plan.

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

Download our Ultimate Business Plan Template here >

What is a Cattle Farm Business Plan?

A business plan provides a snapshot of your cattle farm as it stands today, and lays out your growth plan for the next five years. It 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 a Cattle Farm

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

Sources of Funding for Cattle Farms

With regards to funding, the main sources of funding for a cattle farm are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your 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 cattle farms.

    Finish Your Business Plan Today!

How to write a business plan for a cattle farm.

If you want to start a cattle farm or expand your current one, you need a business plan. The example guide below details the necessary information for how to write each essential component of your cattle farming business plan.

Executive Summary

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 cattle farm you are running and the status. For example, are you a startup, do you have a cattle farm that you would like to grow, or are you operating a chain of cattle farms?

Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the cattle farm industry.
  • Discuss the type of cattle 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.

Company Overview

In your company overview, you will detail the type of cattle farm you are operating.

For example, you might specialize in one of the following types of cattle farms:

  • Cow-calf: This type of cattle farming involves using mature cattle to breed calves that are then sold to producers.
  • Backgrounding: This type of cattle farming involves growing feeder cattle that can be sold to producers once they reach a certain weight or age.
  • Finishing: This type of cattle farming involves harvesting cattle to weight in a feedlot, readying them for sale to market.
  • Specific Breed: This type of cattle farming specializes in breeding specific types of cattle such as Angus or Hereford.

In addition to explaining the type of cattle farm you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

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

Industry Analysis

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

First, researching the cattle farm 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 market 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 the industry analysis section of your cattle farming business plan:

  • How big is the cattle farm 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 cattle farm? 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.

Customer Analysis

The customer analysis section of your cattle farm business plan 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 cattle farm you operate. Clearly, individuals would respond to different marketing promotions than corporations, for example.

Try to break out your target customers 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 customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

Finish Your Cattle Farm Business Plan in 1 Day!

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Competitive Analysis

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

Direct competitors are other cattle farms.

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 meat farms such as poultry, fish, or pork farms, and meat alternative suppliers. You need to mention such competition as well.

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 cattle farming 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 acquire your product?
  • 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.

Marketing Plan

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

Product : In the product section, you should reiterate the type of cattle farm company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide live cattle, meat, or dairy 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 cattle farm company. Document where your company is situated and mention how the site will impact your success. For example, is your cattle farm located near a city, in a rural area, or adjacent to other farms? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your cattle farm marketing plan 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 industry publications and networking events
  • Reach out to local meat buyers
  • Distribute flyers
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

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 cattle farm, including answering calls, feeding and caring for cattle, scheduling employees, billing customers and collecting payments, etc.

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

Management Team

To demonstrate your cattle farm’s 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 cattle farms. 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 a cattle farm or running a small cattle breeding operation.

Financial Plan

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, will your farm have 100 cattle on average and will 20% of your cattle be ready for sale every year? And will sales 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 cattle 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 cattle farm:

  • Cost of farming equipment and supplies
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up expenses (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 lease or information about the type of cattle on your farm.

Writing a business plan for your cattle farm is a worthwhile endeavor. If you follow the template above, by the time you are done, you will have an expert cattle farming business plan, cow calf business plan or a beef cattle business plan. You will understand the cattle farm industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful cattle farm.

Don’t you wish there was a faster, easier way to finish your Cattle Farm business plan?

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.

Cattle Farm Business Plan FAQs

What is the easiest way to complete my cattle farm business plan.

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

How Do You Start a Cattle Farm Business?

Starting a cattle farm business is easy with these 14 steps:.

  • Choose the Name for Your Cattle Farm Business
  • Create Your Cattle Farm Business Plan
  • Choose the Legal Structure for Your Cattle Farm Business
  • Secure Startup Funding for Your Cattle Farm Business (If Needed)
  • Secure a Location for Your Business
  • Register Your Cattle Farm Business with the IRS
  • Open a Business Bank Account
  • Get a Business Credit Card
  • Get the Required Business Licenses and Permits
  • Get Business Insurance for Your Cattle Farm Business
  • Buy or Lease the Right Cattle Farm Business Equipment
  • Develop Your Cattle Farm Business Marketing Materials
  • Purchase and Setup the Software Needed to Run Your Cattle Farm Business
  • Open for Business

Learn more about how to start your own cattle farm company .

Other Helpful Business Plan Articles & Templates

Livestock Farming Business Plan

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Goat Farming Business Plan Template

Written by Dave Lavinsky

Goat Farming Business Plan

You’ve come to the right place to create your Goat Farming business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Goat Farms.

Below is a template to help you create each section of your Goat Farming business plan.

Executive Summary

Business overview.

Pleasant Hill Goat Farm, located outside of Des Moines, Iowa, is a registered and licensed goat farming company. The company operates a 50 acre farm that is home to over 100 goats. The goats are raised in an all-natural environment- no antibiotics, hormones, steroids – and all animals are grass-fed. Pleasant Hill Goat Farm is also fully equipped with the latest technology and equipment used in the goat farming industry.

The farm produces quality goat meats and milk products that we sell to local residents, wholesalers, and retailers. Local residents who want to visit the farm and meet the goats can schedule a tour with us. We also allow residents to reserve the farm for their wedding or other special occasion for a fee.

Pleasant Hill Goat Farm is founded and run byTerry Jones. Terry has been a goat farm operations manager for the past ten years, so he has in-depth knowledge and experience running a business in this industry. Terry will run the general operations and administrative functions of the company and hire other employees to manage the sales and day-to-day operations.

Product Offering

Pleasant Hill Goat Farm will be involved in the commercial breeding of goats to provide milk, cheese, and meat.

In addition to the sale of these products, the company will also offer tours of the farm for a small fee. This allows local residents to learn more about the goat farming industry and meet our goats in person. Anyone who is interested in making this serene farm the setting to their special event can reserve the farm for a fee.

Customer Focus

Pleasant Hill Goat Farm will target all residents living in Des Moines, Iowa and the surrounding areas. We will also target supermarkets, restaurants, and other retailers who are interested in selling our products to the public.

Management Team

Pleasant Hill Goat Farm’s most valuable asset is the expertise and experience of its founder, Terry Jones. Terry has been a goat farm operations manager for the past ten years, so he has in-depth knowledge and experience running a business in this industry. Terry will run the general operations and administrative functions of the company and hire other employees to manage the sales and day-to-day operations.

Success Factors

Pleasant Hill Goat Farm will be able to achieve success by offering the following competitive advantages:

  • Management: The company’s management team has years of business and marketing experience that allows them to market and serve customers in an improved and sophisticated manner than the competitors.
  • Relationships: Having lived in the community for ten years, Terry Jones knows all of the local leaders, media, and other influencers. As such, it will be relatively easy for Pleasant Hill Goat Farm to build brand awareness and an initial customer base.
  • Quality products at affordable pricing Pleasant Hill Goat Farm will provide quality products at affordable pricing, as it has high-quality equipment and uses the latest techniques.
  • Good Packaging: Pleasant Hill Goat Farm will utilize product-oriented packaging materials that can reduce the damage in the products at the time of supply.
  • Attractive Farm Setting: Pleasant Hill Goat Farm offers a uniquely attractive setting that will encourage residents to visit for a tour or schedule a special event at the farm.

Financial Highlights

Pleasant Hill Goat Farm is currently seeking $750,000 to start the company. The funding will be dedicated towards securing the farm land and purchasing the necessary equipment and supplies. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff and marketing costs for the farm. The breakout of the funding is below:

  • Land and Equipment: $250,000
  • Goat Care Supplies: $100,000
  • Overhead Costs: $100,000
  • Three Months of Overhead Expenses (Payroll, Rent, Utilities): $150,000
  • Marketing Costs: $50,000
  • Working Capital: $100,000

The following graph below outlines the pro forma financial projections for Pleasant Hill Goat Farm.

Pleasant Hill Goat Farm Financial Projections

Company Overview

Who is pleasant hill goat farm.

  The farm produces quality goat meats and milk products that we sell to local residents, wholesalers, and retailers. Local residents who want to visit the farm and meet the goats can schedule a tour with us. We also allow residents to reserve the farm for their wedding or other special occasion for a fee.

Pleasant Hill Goat Farm History

Terry Jones is an entrepreneur with a passion for goat farming. He has worked in the industry for ten years and is eager to start a farm of his own. Pleasant Hill Goat Farm will become a recognized goat farming company, ensuring a continuous supply of goat milk, meat, and cheese Des Moines, Iowa and beyond.

Terry incorporated Pleasant Hill Goat Farm on March 1st, 2023. Terry has selected a farm location and is currently undergoing due diligence to ensure it is up to code to raise goats.

Since incorporation, the company has achieved the following milestones:

  • Found a farm location
  • Developed the company’s name, logo, and website
  • Determined supply requirements
  • Began recruiting key employees

Pleasant Hill Goat Farm Services

Industry analysis.

Demand for goat meat and goat milk products has increased in recent years. The general public has been looking for alternatives to cow milk, and for many, goat milk makes the best substitution. With an increase in demand, there will be a greater need for goat farms across the U.S. in the near future.

This demand is not expected to slow down anytime soon. For example, the goat milk industry is expected to grow at a compound annual growth rate of 4.7% over the next 10 years. This substantial growth shows that goat farms are needed more than ever to keep up with demand. Therefore, this is a great time to establish a new goat farm to provide residents with all their goat meat and dairy needs.

Customer Analysis

Demographic profile of target market.

Pleasant Hill Goat Farm will primarily serve local residents and retailers of goat dairy products and meat within a 30-mile radius of the farm. These businesses typically gross from $5 million to $10 million in annual revenues and source their supplies from within a 30-mile radius of their facilities.

The precise demographics for Des Moines, Iowa are:

Customer Segmentation

Pleasant Hill Goat Farm will primarily target the following customer profiles:

  • Grocery Stores
  • Local Residents

Competitive Analysis

Direct and indirect competitors.

Pleasant Hill Goat Farm will face competition from other companies with similar business profiles. A description of each competitor company is below.

Oak Tree Farms

Oak Tree Farms is one of the large-scale goat farms in the US, owning an 8,000 ha area. It has well-established relationships with local retailers and has been in business for 32 years. Oak Tree Farms offers good quality goat dairy products and meat. It also has automated equipment and machines, which helps in improving its operations. Moreover, it is also known for delivering large orders at the right time without delay. However, Oak Tree Farms does not care properly for its goats, which has tarnished its reputation in recent years.

Farmer Joe’s Goats

Farmer Joe’s Goats has been operating since 1995 and is a well-known company that provides good quality goat meat with affordable pricing. It primarily targets local companies and retailers and has a large distribution network that can serve customers up to a 500-mile radius. Farmer Joe’s Goats also has a very effective distribution and supply chain network. However, Farmer Joe’s Goats offerings are only limited to goat meat.

Goats USA has been in business for the past ten years and enjoys great success. It is one of the largest goat meat and dairy producers in the region. It easily caters to local residents primarily due to its prime location. It provides multiple goat meat and dairy products, including milk and cheese.

Competitive Advantage

Pleasant Hill Goat Farm will be able to offer the following advantages over their competition:

  • Quality products at affordable pricing: Pleasant Hill Goat Farm will provide quality products at affordable pricing, as it has high-quality equipment and uses the latest techniques.

Marketing Plan

Brand & value proposition.

Pleasant Hill Goat Farm will offer the unique value proposition to its clientele:

  • Ethically sourced goat meat and dairy products
  • Good packaging
  • Quality products at affordable pricing
  • Providing excellent customer service
  • Offering a serene and beautiful rural setting for tours and special events

Promotions Strategy

The promotions strategy for Pleasant Hill Goat Farm is as follows:

Social Media Marketing

Social media is one of the most cost-effective and practical marketing methods for improving brand visibility. The company will use social media to develop engaging content, such as sharing pictures of the goats and creating educational content about the goat farm industry.

Website/SEO

Pleasant Hill Goat Farm will develop a professional website that showcases pictures of the farm and the goats. It will also invest in SEO so that the company’s website will appear at the top of search engine results.

Word of Mouth/Referrals

Terry Jones has built up an extensive list of contacts over the years by living and working in the midwestern farming industry. Since a number of local goat farms have ceased operations, they have committed to Terry that Pleasant Hill Goat Farm will be their goat supplier. They trust his work ethic and commitment to the local community.

Pleasant Hill Goat Farm will highlight our location, goats, and products on a major billboard facing the busiest highway in town. The billboard will provide the location of Pleasant Hill Goat Farm and the website URL.

Pleasant Hill Goat Farm’s pricing will be moderate, so customers feel they receive great value when availing of the products. Pricing will be about 50% lower than retail prices to allow wholesalers and retailers to earn their margins.

Operations Plan

The following will be the operations plan for Pleasant Hill Goat Farm.

Operation Functions:

  • Terry Jones will be the Owner and President of the company. He will oversee all staff and manage client relations. Terry, along with Sue, has spent the past year recruiting the following staff:
  • Sue Smith – will oversee all administrative aspects of running the goat farm. This will include bookkeeping, tax payments, and payroll of the staff.
  • George Baird – Head Farmhand who will oversee the farming staff and day to day operations.
  • Ben Brown – Assistant Farmhand who will assist George.
  • Frank White – Distribution Manager who will oversee the packaging and distribution of all goat products.

Milestones:

Pleasant Hill Goat Farm will have the following milestones complete in the next six months.

  • 6/202X – Finalize purchase of farm land
  • 7/202X – Purchase farm equipment, supplies and materials
  • 8/202X – Finalize contracts for grocery store, chain, and restaurant clients
  • 9/202X – Purchase initial set of goats
  • 10/202X – Hire and train farm staff
  • 11/202X – Pleasant Hill Goat Farm begins farm operations

Financial Plan

Key revenue & costs.

Pleasant Hill Goat Farm’s revenues will come from the sales of goat meat and dairy products to its customers. The major costs for the company will be the cost of land and equipment. The staff will earn competitive salaries allowing Pleasant Hill Goat Farm to hire experienced workers. In the initial years, the company’s marketing spend will be high, as it establishes itself in the market.

Funding Requirements and Use of Funds

Key assumptions.

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and pay off the startup business loan.

  • Number of Goats: 100
  • Average Revenue per Animal: $200
  • Number of Products Sold Per Year: 100,000

Financial Projections

Income statement, balance sheet, cash flow statement, goat farming business plan faqs, what is a goat farming business plan.

A goat farming business plan is a plan to start and/or grow your goat farming business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Goat Farming business plan using our Goat Farming Business Plan Template here .

What are the Main Types of Goat Farming Businesses?

There are a number of different kinds of goat farming businesses , some examples include: Milk and dairy production, Meat production, Fleece farm, and Miniature goat farm.

How Do You Get Funding for Your Goat Farming Business Plan?

Goat Farming businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Goat Farming Business?

Starting a goat farming business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Goat Farming Business Plan - The first step in starting a business is to create a detailed goat farming business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your goat farming business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your goat farming business is in compliance with local laws.

3. Register Your Goat Farming Business - Once you have chosen a legal structure, the next step is to register your goat farming business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your goat farming business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Goat Farming Equipment & Supplies - In order to start your goat farming business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your goat farming business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

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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.

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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, 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

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

Projected balance sheet, projected cash flow statement.

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business plan for a farming project

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Limekiln Wind Farm: Boralex achieves major milestone, closes its first project financing in the UK

EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the long-term financing of its largest project in Europe, the 106MW Limekiln Wind Farm, based in the United Kingdom. The site is located near Thurso in Caithness, Scotland.

The financing has been secured from National Westminster Bank PLC (NatWest) and Export Development Canada (EDC), for an aggregate amount of up to £130M ($222M CAD). NatWest and EDC will act as co-mandated lead arrangers and co-lenders. NatWest will also act as facility agent, security agent, hedge counterparty and account bank.

Finance Director for the United Kingdom Tjiwolt Wierda said: “We are delighted to have achieved another vital milestone in the development of Limekiln Wind Farm, and we are in an excellent position to have the project commissioned by the end of 2024. We believe that Limekiln brings substantial value to Caithness and the wider Highlands and we look forward to bringing it to fruition.”

Executive Vice President and Chief Financial Officer Bruno Guilmette commented: “We are very pleased to have obtained this high-quality loan for Limekiln Wind Farm, Boralex's flagship project in the United Kingdom. I would like to congratulate our teams on both sides of the Atlantic for closing this loan on optimal terms, which give us even more financial flexibility. This first project financing for Boralex in the UK is an important step in our development in this promising market, which remains key to achieving the growth and diversification objectives of our 2025 Strategic Plan.”

Limekiln Wind Farm will consist of 24 Vestas V136-4.5MW wind turbines, measuring 150m to the tip of the blade. In the 2023 AR5, the project secured a 15-year Contract for Difference of £52.29/MWh from the UK Government (the amount is in 2012 prices; it is equivalent to £73.33/MWh in 2024 prices). The project is expected to be commissioned by the end of 2024.

Elgar Middleton Infrastructure & Energy Finance LLP acted as financial advisors to Boralex.

A host of local benefits

Apart from zero-carbon electricity, Limekiln will also deliver a full package of social, economic and environmental benefits, including biodiversity enhancements such as a native species planting scheme and a peat restoration programme, as well as a Community Benefit Fund of over £500,000 per annum for the life of the project. In addition, the project offers local employment opportunities: the site's construction phase could directly support more than 100 jobs, and its operation, more than 90. Lastly, the wind farm will provide sufficient electricity to meet the needs of around 100,000 British homes based on the average generation mix of UK power sources. For more information, please visit www.limekilnwindfarm.co.uk.

Caution Regarding Forward-Looking Statements

Some of the statements contained in this press release, including those regarding future events and milestones in the project, are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements, or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by the Company, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events or other changes.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3 GW. We are developing a portfolio of over 6.7 GW in wind, solar projects and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, Twitter, and LinkedIn.

For more information

Source: Boralex Inc.

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