Do you need to look at crop farm business plans, or are you searching for tools to help you write one? Crop farming may be a simple and timeless business model, but describing it accurately, surveying the market opportunity, and making a set of believable financial projections is not so easy. You should give an overview of your crop, both in description form and by talking about the market opportunity for its sales, either locally/regionally or by listing the distributors and buyers you can target directly. Your business plan should also include information on all of the following topics:
• The growth projections for your industry over 3-5 years
• The market need your crops fulfill
• The subsidies/incentives, if any, that you can capitalize on
• The people you would need to hire and the timeline, salary, etc. for same
• The way you would use the funding you get
The business plan for a crop farm needs to show not only how the funding will be used but the way you project revenues coming in over a period of no fewer than three years. (Showing a five year forecast is more typical, especially if you need to secure private investment instead of only loans.) The plan's pro forma should include the revenue forecast, break-even analysis, profit and loss, balance sheet, cash flow, sensitivity analysis, and a table summarizing any assumptions you've made. The plan also needs an appendix that shows the figures by month for the first year. Need assistance with this document? MasterPlans has written more than 10,000 business plans to date and has worked on a variety of farming documents. Call us today to learn more! 877-453-2011.
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