A cocoa farm business plan should accomplish several things. For one, it should concisely describe the market opportunity you envision running a cocoa farm; for another, it should carefully describe the operations and layout of the farm so that a reader who is not familiar with one can understand what you're doing. Finally, you should give a meaningful review of the competitive field and the industry to help contextualize your position in the market. Sound like a lot? It is! But in order to get recognized for funding, a business plan for a farming operation needs to be comprehensive, and your cocoa plan should address all of the following questions:
• What are the average price points for your cocoa?
• What are the quantities in which it will be sold?
• Who are the most common buyers?
• What has this industry done in the past 3-5 years?
• Who are you competing against?
• What are your long-term staffing needs?
To address the staffing question, provide a detailed personnel plan showing the timeline for new hires and the amount they will be paid. You should also have a full start-up summary outlining how you envision allocating the seed capital, particularly as concerns capital costs like equipment purchase or machinery rentals. The overall pro forma will need to include a revenue forecast, break-even point, profit and loss statement, balance sheet, and cash flow analysis, covering at least 3 years and preferably 5 years. A marketing summary and management section will round out the plan. MasterPlans can write this entire document for you—call 877-453-2011 to learn about what we can do for you!
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.