A deer breeding business plan needs to make it clear to the prospective lender what your farm/ranch will allow for in terms of animal volume, breed type, and processing. If your end-goal is selling venison as opposed to another business model, the market demand for this type of meat is something you should explore in depth in the business plan's industry analysis. What are the going rates for venison in your target market? Will you sell direct to consumer, or do you have contracts in place with wholesalers, or is that yet to be determined? No matter what end-goal you intend your deer breeding operation to fulfill, you should cover the following questions in the plan:
• What sort of deer will you have, and how many?
• What facilities do you need for the breeding?
• What start-up costs do you have?
• What are the competitive threats your business will face?
• How many ranch hands or assistants do you need, if any?
The personnel plan will take care of the staffing questions, but make sure you show enough people onboard to support the sales figures you project and double-check salaries against the prevailing rates on salary.com. The business plan should have a complete financial pro forma that includes these components: a revenue forecast, the break-even analysis, the profit and loss, a cash flow statement, the balance sheet, and a set of Year 1 monthlies. If you already have revenues or you have a lot of experience in the deer breeding market, bring that information front and center in the document. Need assistance with the research or want help articulating how you will market yourself? Call MasterPlans. Our team of industry professionals can write an excellent business plan for you in as little as 10 days. (877) 453-2011.
