Do you need a cow calf business plan? The business plan required for raising bulls or cows -- whether for show, stud, milk, or slaughter -- seeks to accomplish the same basic premise: describe the undertaking and the marketplace, with the end-goal of demonstrating that there will be a profit to be had within a three year forecast. The financial model you will need should show at least three years (the first in a monthly detail) of revenues and expenses, with cash flow, balance sheet, and break-even tables included. The model also needs a detailed use of funds section -- more commonly covered by a start-up summary -- so the loan officer can see how you plan to allocate seed capital. Other points of interest in the plan:
• What experience do you and/or your team have raising cows? Highlight anything pertinent.
• Who are you in most direct competition with? This could be nearby farms or larger regional players.
• Will you need to market the animals on the back end? Show how you can advertise them, if needed.
• What personnel needs will the farm have over the life of this plan? Show salaries, positions, and start dates.
If you need help preparing the cow or calf business plan document, MasterPlans has the expertise to deliver you a great plan in record time. We have worked on a wide range of agricultural and livestock business models and have written plans for dairy cow businesses, beef plants, show cows, and full-scale farming operations seeking to make better use of available subsidies or lines of credit. Give us the basics and we will give you back an exceptional, funding-ready document. Call a consultant today for a free consultation: 877-453-2011.
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