FARM BUSINESS PLAN



BUSINESS PLAN OUTLINE

| |•   Business Description (detailed concept and methods of operation; what are you trying to |

| |start, acquire or other wise operate at a farm/ business; numbers, size, products) |

| | |

| |•   Organization of Business and what type of business structure you will operate under. |

| | |

| |● Mission & Vision Statements |

| | |

| |● Bussiness Goals (note both short & long term things you want to do to make this work) |

| | |

| |•   Regional Trends (what about this location and type of business will allow its success?) |

| | |

| |•   Major Changes and Improvements (Thing that need to take place for success of the new venture)|

| | |

| |•   Resource Inventory: (What do you have and what can lease or hire done?) |

| |            Land & other natural resources |

| |            Buildings, Machinery and Equipment, Labor force |

| |            Agreements & contracts for inputs and outputs (manure & feed for livestock |

| |enterprises) |

| |•   Marketing Plan (Notes purchase and sales arrangements in place, cost of production & |

| |projected ability to reach the targeted market or niche.) |

| | |

| |•   Production Plan (How much of what will you produce or services that will be provided.) |

| | |

| |•   Planned Machinery and Buildings Investment (What do you have or how will you be able to |

| |produce or deliver the products. Example: planter for planting corn) |

| | |

| |•   Long-Term Financial Summary (2 or 3 yr. history and a projection of the next 3 to 5 year that|

| |includes how the cash flow needs during the start up will be covered.) |

| | |

| |•   Personal/Household Finances (provide a clear bench mark of your starting point to launching |

| |this business venture.) |

| | |

| |• Business Transition and Member Exit plan (Provide a picture of how a member or partner in the|

| |business will be able to exit the business without disruption of the ongoing activities.) |

| | |

| |•   Acknowledgments (Who, how and what others contributed to the building of the plan.) |

| | |

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