A sheep farming business plan needs to describe the number of sheep you'll have, the uses you'll put them to, the costs of maintaining the farm, and the likely profit you could derive in this venture over a period of 3-5 years. Will your sheep provide wool that you work with on the farm (i.e., for knitting goods that can be sold direct to consumer), or do you simply supply the wool to off-takers? Do you make use of milk or create cheese on site, or will you do so through partners or subsidiaries farms/businesses? Describe the model so that a banker can tell reading through the plan how you will make your money and what the associated risks and rewards might be. Other topics:
• Are there farms near yours that you can partner with, if needed?
• Are there farms close to you that pose a competitive threat?
• Any other indirect competition or risks?
• How steady is the industry?
• Any market or buying pattern trends that warrant mention?
• What is your background in farming?
You should use your bio to create a management summary that emphasizes your experience in farming and with sheep in general. You may also want to develop a marketing and implementation plan, particularly if the onus is on you to promote the wool, cheese, or other sheep-based products, either direct to consumer or to wholesale interests. The financial model you'll need should show at least three years of projected sales and expenses (resulting in a workable net profit figure) and if you have past performance data, include that information as well. MasterPlans has worked with a wide variety of farming endeavors and we can help you make your business plan great. Call a consultant today at 877-453-2011 to learn more about what we can deliver for you and your sheep farm.
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.