The aquaponic business plan describes the science and technology behind this growing method and talks about the sort of crops you will attempt to cultivate, as well as their end-use targets and marketability. The history of aquaponics is an interesting one, and it won't hurt to give a brief overview of where the science came from and how it has evolved into a food production method for the modern era. No need to belabor the point, but understand that some readers—particularly in the banking community where retail and fixed-location concepts are the norm—many not be instantly familiar with the concept or application of an aquaponics system. Also make sure to itemize the equipment you will need to buy or lease to get the operation up and running, as these devices are also foreign to some plan reviewers. Other items for the business plan itself:
• Who are you in direct competition with?
• What companies/methods pose an indirect threat?
• What is unique about your business model—i.e., what competitive advantages c an you wield?
• Do you know what costs you will encounter during start-up and on a monthly basis thereafter?
• How many employees will you have, if any, besides yourself?
The personnel plan and the start-up summary should be part of a comprehensive financial model, typically built using MS Excel or software. The model should give a reviewer all of the data they need to determine your ability to repay a seed capital loan and your likelihood of long-term success. The plan needs to show a revenue forecast, break-even analysis, cash flow statement, profit and loss, a balance sheet, and a monthly look at the first year post-funding. MasterPlans can create this entire model as part of your planning package with only very basic inputs from your end. Our team of writers and modelers has worked on aquaponics before and can help you as well. Call a consultant today at 877-453-2011.
If you are ready to go, or not sure what kind of plan you need, fill out the form below and we'll call you.