The agriculture and agri-food business plans are documents that show the intervention your company can make in the vital agricultural market, either at home or abroad. If you have an international scope to your business – for example, if you aim to develop a grain growing non-profit in Africa, or start a for-profit fish farm in Canada – your research requirements will make the business plan into a labor-intensive document. Even for a domestic market concept, an agricultural plan needs to view agri-food from as many angles as possible. You will want to rely on current sources, research databases specific to your industry, and first-hand information wherever possible. Questions to answer include:
• What are the products you will plant/raise/harvest?
• What are the costs and what revenues do you envision?
• Is there a marketing plan already taking shape?
• How many people will the venture employ?
• Do you know what amount of capital you need?
The capital requirement should be shown in a detailed start-up section outlining use of funds. This needs to show how you will spend the money and the rate at which it gets exhausted (cash burn). The revenue projections should include a break-even point, typically within 18 months of funding, along with a cash flow and profit and loss statement and an ongoing balance sheet. The business plan's financials can be difficult to prepare without industry-based assumptions, so if you get stuck, consider calling MasterPlans. Our team of expert research and writing professionals can make your agriculture business plan into a work of art, whether you need help with the market analysis, the marketing plan, or the model itself. Call us at 877-453-2011.
