A seed dealers business plan should describe the sort of seeds you'll provide, what bulk rates you'll charge, and who your target customers are. How you reach these farmers, restaurateurs, and other clients is also important, so a marketing and implementation strategy in the plan will also be necessary. For the most part this is not a complex business model, but in order to be approved for capital lending or investment, your plan should give a thorough overview of all the important elements:
• What other seed dealers will you compete with?
• How stable is the industry and what trends bear on your market opportunity?
• Can you define the market need? This is an SBA requirement.
• How much can subsidies help your business and how do you model them in, if at all?
The meat of the seed business plan is the market and industry analysis, but the part that will get the closest look is the financial projection. If you have past performance data, include those historicals in the plan and build off of them. How much money do you need to launch or expand? What payback scenario do you have in mind? Showing 3-5 years of financial estimates will be mandatory. MasterPlans has written for a wide variety of agricultural interests and we can develop a presentation-ready plan for you too. Call today to speak with a consultant at 877-453-2011.
