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Commercial Farming Business Plan [Sample Template]

Are you about starting a commercial farm? If YES, here is a complete sample commercial farming business plan template & feasibility report you can use for FREE.

It is no longer news that man needs food to survive. This is one of the reasons why the farming business has become a very thriving trade in most part-if not all parts of the world. There will always be a need for farmers to feed the teeming populace, as it is one sure way to guarantee food to the people.

Starting a farming business might not necessarily cost an arm and a leg to start; however, there will always be the need to learn all the ropes that is needed to be mastered before delving into the business. This is because of the importance of starting off well-armed with the basic information that is needed to thrive in this trade. Below is a sample commercial framing business plan that you can find really useful to draft yours.

A Sample Commercial Farming Business Plan Template

1. Industry Overview

The agricultural industry, of which commercial farming is a subset of, is no doubt amongst the leading industry in most countries of the world. It is the industry that produces food for the populace and raw materials for industries.

Because of the significant role the agriculture sector plays, the government of most countries ensure that they go all the way to subsidize seedlings, fertilizers, and farming implements and machinery for farmers, and also encourage entrepreneurs to go into commercial farming.

There are several business opportunities that are readily available in the agricultural industry and one good thing about the industry is that there is market for all the produce from the industry.

Over the years, researchers and scientist have been researching on ways to improve crop cultivation especially in areas where the soil composition and climatic condition does not support the growth of certain crops (cash crops, food crops et al). So also engineers have been improving on their invention as regards mechanized (commercial) farming et al.

Statistics also has it that farming (most especially commercial farming) employs more than 24 million American workers (which is roughly about 17 percent of the total workforce in the united states). For example; in 2006, the average American commercial farmer grew enough food for about 144 other people and also in 1940, the average farmer grew food for about 19 other people (which was close to enough food).

Records has it that in 2007, just 187,816 of the 2.2 million farms in the United States of America accounted for 63% of sales of agricultural products, marking a trend toward the concentration in agricultural production. Agricultural efficiency has increased over the past century from 27.5 acres/worker in 1890 to 740 acres/worker in 1990

If you are tinkering with the idea of starting an agriculture industry to generate huge income, then one of your best bet is to start a commercial farm. Commercial farming is all about mass – cultivation of crops and rearing animals, fish, and birds, etc. for the sole aim of making profits. In most cases it is referred to as mechanized farming.

As a matter of fact, with the recent advancement in technology farmers can now comfortably grow crops in a country where such crops can hardly survive and in places where there are few farming land, people can make use of the rooftop (basement) of their houses to cultivate crops even for commercial purposes.

One thing is certain about commercial farming, if you are able to conduct your market research and feasibility studies; you are more likely not going to struggle to sell your farm produce because there are always food processing companies and consumers out there who are ready to buy from you.

Lastly, with commercial farming, you can afford to combine crop cultivation and animal husbandry or you can decide to only special in the cultivation of crops or rearing of animals / birds / fish. The bottom line is that if you have enough land (space) and you are interested in maximizing commercial farming, you are sure going to make huge profits from the business.

2. Executive Summary

Nicholas Zebedee and Family Farms Ltd is a licensed agro – allied company that is to be based in the outskirt of Des Moines, Iowa – United States. We have played a crucial part in doing our detailed market research and feasibility studies and we were able to secure a hundred hectares of land to start our commercial farming.

Our commercial farming is a going to be standard commercial farm , hence will be involved in commercial crop cultivation, fish farming, poultry farming and of course animal farming. We will be involved in both organic commercial farming and non – organic commercial farming.

In the nearest future, hopefully within the first five years of officially running Nicholas Zebedee and Family Farms Ltd, we will commence our food processing plant and also start exporting our agriculture produce to other parts of the world.

This is why aside from the fact that we’ve secured the required farming land and most of the farming equipment and machines; we have also hired some key employees who are currently undergoing training so as to be able to fit into the ideal picture of the 21st century commercial farm workforce that we want to build.

We are in the agro – allied business because we want to leverage on the vast opportunities available in the industry, to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agriculture produce from the United States to other countries and over and above to make profit.

Nicholas Zebedee and Family Farms Ltd is well positioned to become one of the leading commercial farms in the United States of America, which is why we have been able to source for the best hands and machines to run the company with.

We have put process and strategies in place that will help us employ best practices when it comes to commercial farming processes and food processing as required by the regulating bodies in the United States of America. Nicholas Zebedee and Family Farms Ltd is a private registered agro – allied company that is owned by Dr. Nicholas C. Zebedee and family.

The company will be fully and single handedly financed by the owner – Dr. Nicholas C. Zebedee and his immediate family members- at least for a period of time. Before starting Nicholas Zebedee and Family Farms Ltd, Dr. Nicholas C. Zebedee was the Head of a renowned Agriculture Research Institute in The U.S.

He worked in the industry for well over 20 years before resigning to start his own commercial farm. He is of course one of the most respected people in the agro – allied industry. The business will be managed by his son Nicholas Zebedee Jnr.

3. Our Products and Services

Nicholas Zebedee and Family Farms Ltd is an agro – allied company that is committed to cultivating organic and non – organic agriculture produce for both the United States’ market and the global market. We are in business to produce both food and raw materials for industries in commercial quantities.

We will also ensure that we operate a standard food processing plant as part of our complimentary business. These are the areas we will concentrate on in our commercial farms. If need arises we will definitely add more agriculture produce to our list;

  • Cultivation of Grains (Grains such as millet, wheat, oat, shogun, barely, cereal, soybeans, black mustard, sunflower seed et al)
  • Fruits Plantation
  • Vegetable Cultivation (Tomatoes, Lettuce, Cabbage, etc)
  • Cotton Wool and other cash crops cultivations
  • Tea and Coffee Cultivation
  • Cattle Ranch (Including goats, sheep, grass – cutters, pigs and rabbits et al)
  • Poultry
  • Fish Ponds
  • Standard Food Processing Plant (Tomatoes Paste, Fruit Juice, Processed Diary foods, and can foods et al)

4. Our Mission and Vision Statement

  • Our Vision is to become one of the leading commercial farm brands not just in the United States of America but also on the global stage.
  • Nicholas Zebedee and Family Farms Ltd is an agro – allied registered company that is in business to cultivate in commercial quantities both organic and non – organic agriculture produce for both the United States market and the international market.
  • Aside from agriculture produce, we want our processed food to flood the nooks and crannies of the United States and other countries of the world.

Our Business Structure

Nicholas Zebedee and Family Farms Limited is a privately owned and managed commercial farm that is into a wide range of agriculture produce. Hence we have made provisions to hire the required numbers of employees that will help us drive the business to the desired heights we want it to get to.

It is important to note that the nature of the business that we are in requires that from time to time we hire casual workers (contract staff) especially during land preparation stage, planting stage and harvest periods. Below is the business structure of Nicholas Zebedee and Family Farms Ltd;

  • Chief Operating Officer
  • General Farm Manager
  • Administrator/Accountant
  • Crop Cultivation Manager/Supervisor
  • Fish Farming Manager/Supervisor
  • Poultry Farming Manager/Supervisor
  • Cattle Ranch Manager/Supervisor
  • Sales and Marketing Executive
  • Field Employees
  • Front Desk Officer

5. Job Roles and Responsibilities

Chief Operating Officer:

  • Responsible for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for the day to day running of the business
  • Responsible for handling high profile clients and deals
  • Responsible for fixing prices and signing business deals
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization at regular interval

General Farm Manager

  • Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
  • Supervises other section manager
  • Ensures compliance during project executions
  • Provides advice on the management of farming activities across all section
  • Responsible for carrying out risk assessment
  • Uses IT systems and software to keep track of people and progress of the growth of crops, fishes, birds and animals
  • Responsible for overseeing the accounting, costing and sale of farm produce after harvest
  • Represents the organization’s interest at various stakeholders meetings
  • Ensures that farming goals desired result are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Handles all financial transactions for the company
  • Defines job positions for recruitment and managing interviewing process
  • Carries out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversees the smooth running of the daily farming activities across the various farming sections.

Administrator/Accountant

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Defines job positions for recruitment and managing interviewing process
  • Carries out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for financial forecasting and risks analysis.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the company
  • Serves as internal auditor for the company

Crop Cultivation Manager/Supervisor

  • Responsible for managing the crop cultivation section of the commercial farm
  • Supervises other workers within the department
  • Works closely with the General Manager to achieve the organizations’ goals and objectives

Fish Farming Manager/Supervisor

  • Responsible for managing the fish farming section of the commercial farm
  • Supervises other workers within the department
  • Works closely with the General Manager to achieve the organizations’ goals and objectives

Poultry Farming Manager/Supervisor

  • Responsible for managing the poultry farming section of the commercial farm
  • Supervises other workers within the department
  • Works closely with the General Manager to achieve the organizations’ goals and objectives

Cattle Ranch and Animal Manager/Supervisor

  • Responsible for managing the cattle ranch and animal rearing section of the commercial farm
  • Supervises other workers within the department
  • works closely with the General Manager to achieve the organizations’ goals and objectives

Sales and Marketing Officer

  • Identified, prioritizes, and reaches out to new markets for our agriculture produce, processed food, new partners, and business opportunities within the agro – allied industry
  • Develops, executes and evaluates new plans for expanding increase sales of all our agriculture produce and processed foods
  • Documents all customer contact and information.
  • Represents the company in strategic meetings
  • Helps to increase sales and growth for the company

Field Workers/Contract Staff

  • Responsible for preparing farm lands for crop cultivations
  • Responsible for feeding fishes, birds and animals as instructed by the supervisor
  • Responsible for cleaning poultry and cattle ranch
  • Changes the water in fish ponds as instructed by the supervisor on a regular basis
  • Handles Sod installation/hydro – seeding
  • Weeding or fertilizer and/or pest control application
  • Handles farm implements and machines as instructed by the section manager/supervisor
  • Assists in handling the harvest of crops, fishes and birds et al
  • Carries out task in line with the stated job description
  • Assists in transport working tools and equipment from the farm and back to the designated store room
  • Handles any other duties as assigned my the line manager

Front Desk/Customer’s Service Officer

  • Receives Visitors/customers on behalf of the organization
  • Receives parcels/documents for the company
  • Handles enquiries via e-mail and phone calls for the organization
  • Handles any other duties as assigned my the line manager

6. SWOT Analysis

Nicholas Zebedee and Family Farms Limited do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis.

We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard commercial farm that will favorably compete with leading commercial farms in the United States of America and in the rest part of the world.

As an all – round commercial farms, we look forward to maximizing our strength and opportunities and also to work around our weaknesses and threats. Here is a summary of the result of the SWOT analysis that was conducted on behalf of Nicholas Zebedee and Family Farms Limited;

  • Strength:

Our strength as a commercial farm company is the fact that we have healthy relationships with loads of major players (agriculture merchants) in the agro – allied industry; both suppliers and buyers within and outside of the United States.

We have some of the latest commercial farming machines, tools and equipment that will help us cultivate crops and animals in commercial quantities with less stress. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in Des Moines, Iowa in our payroll.

  • Weakness:

Our weakness could be that we are a new commercial farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initial. We are aware of this and from our projection will overcome this weakness with time and turn it to a major advantage for the business.

  • Opportunities:

The opportunities that are available to us cannot be quantified, as we know that there are loads of homeowners, and industries that will source for our organic and non – organic agriculture produce and also industries that will source for the raw materials from our commercial farms both in the United States of America and other parts of the world.

  • Threat:

Some of the threats and challenges that we are likely going to face when we start our own commercial farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), unfavorable government policies and the arrival of a competitor (a commercial farm that cultivates same crops or rear same animals, birds and fish) as our farms within same location.

There is hardly anything we can do as regards this threats and challenges other than to be optimistic that things will continue to work for our good.

7. MARKET ANALYSIS

  • Market Trends

One of the common trends in the commercial farming line of business is that most players in the industry are no longer concentrating only on non – organic farming. They now find it easier to run both organic crop cultivation and non – organic crop cultivation.

It is fact that despite that organic food are expensive, the sale for organic food is on the increase and it is indeed profitable.

Despite the fact that commercial farming has been in existence since time immemorial that does not in any way make the industry to be over saturated; commercial farmers are exploring new technologies to continue to improve cultivation processes and also food preservation process; mechanized farming has indeed increased the tons of food produced by farmers.

The fact that there is always a ready market for commercial farming produce makes the business evergreen. As a matter of fact, one of the new trends is that with the recent advancement in technology farmers are now grow crops in commercial quantities in a country where such crops can hardly survive and in places where there are few farming land, commercial farmers now make use of the rooftop (basement) of their houses to cultivate crops even for commercial purposes.

8. Our Target Market

Naturally, the target market of those who are the end consumer of commercial farm produce and also those who benefits from the business value chain of the agriculture industry is all encompassing; it is far – reaching.

Every household consumes produce from commercial farms be it vegetables, fruits, grains, tubers, fish, eggs, poultries, and cattle et al. So also a large chunk of manufacturing companies depends on commercial farms for some of their raw materials. In essence a commercial farmer should be able to sell his or her farm produce to as many people as possible.

We will ensure that we position our business to attract consumers of agriculture produce not joust in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw form or processed form to other countries of the world.

Our competitive advantage

It is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income, which is why there are more commercial farmers in the United States of America and of course in most parts of the world.

For example; Statistics has it that there were 2.2 million farms in the United States of America, covering an area of 922 million acres. These goes to show that there are appreciable numbers of farmers in the United States of America but that does not mean that there is stiffer competition in the industry.

As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.

Nicholas Zebedee and Family Farm Limited is fully aware that there are competitions when it comes to selling commercial farm produce all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.

We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.

Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard commercial farms that will be involved in diverse areas such as crop cultivation, poultry farming, fish farming, animal rearing and food processing plant. With this, we will be able to take advantage of all the available opportunities within the industry.

Lastly, our employees will be well taken care of, and their welfare package will be amongst the best in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our objectives as a standard commercial farms with a food processing plant.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

It is very vital to spell out from the outset in any business how funds will be raised. In this case, Nicolas Zebedee and Family Farms Limited is in the agro – allied business for the purpose of maximizing profits, hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.

In essence we are not going to rely only on the sale of our farm produce to generate income for the business. Below are the sources we intend exploring to generate income for Nicolas Zebedee and Family Farms Limited;

  • Sale of Grains (Grains such as millet, wheat, oat, shogun, barely, cereal, soybeans, black mustard, sunflower seed et al)
  • Sale of varieties of Fruits
  • Sale of varieties of Vegetable
  • Sale and Export of Cotton Wool and other cash crops
  • Sale and export of Tea and Coffee
  • Sale of Cattle and milk (Including goats, sheep, grass – cutters, pigs and rabbits et al)
  • Sale of Poultry and eggs
  • Sale of Fish
  • Sale of processed foods/can – food (Tomatoes Paste, Fruit Juice, Processed Diary foods, and can foods et al)
  • Agricultural Related Consultancy and Advisory Services

10. Sales Forecast

From the survey conducted, we were able to discover that the sales generated by a commercial farm depend on the size of the farm, the nature of the commercial farm (whether cattle rearing, poultry farming, fish farming and crops cultivation et al).

We have perfected or sales and marketing strategies and we are set to hit the ground running and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income/profits from the year of operations and build the business from survival to sustainability.

We have been able to critically examine the agriculture industry cum commercial farm business and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some workable assumptions as well with respect to the nature of commercial farm that we run.

Below are the projections that we were able to come up with for the first three years of running Nicolas Zebedee and Family Farms Limited;

  • First Year-: $150,000
  • Second Year-: $300,000
  • Third Year-: $500,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies.

  • Marketing Strategy and Sales Strategy

We are quite aware that the reason why some commercial farms hardly make good profits is their inability to sell off their farm produce especially perishable crops as at when due. In view of that, we decided to set up a standard food processing plant to help us maximize profits.

Over and above, we have perfected our sale and marketing strategies first by networking with agriculture merchants and companies that rely on raw materials from the agriculture industry who are likely to refer become our customers.

In summary, Nicolas Zebedee and Family Farms Limited will adopt the following strategies in marketing our commercial farm produce;

  • Introduce our business by sending introductory letters alongside our brochure to stake holders in the agriculture industry, companies that rely on the agriculture industry for their raw materials, hotels and restaurants and agriculture produce merchants, amongst others.
  • Advertise our business and agriculture produce in agro – allied and food related magazines and websites
  • List our commercial farms on yellow pages ads
  • Attend related agriculture and food expos, seminars, and business fairs et al
  • Leverage on the internet to promote our business
  • Engage in direct marketing
  • Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (conventional and non – conventional means) to advertise and promote the business.

We intend growing our business which is why we have perfected plans to build our brand via every available means. We know that it is important to create strategies that will help us boost our brand awareness and to create a corporate identity for our commercial farm business.

Below are the platforms you can leverage on to boost our commercial farm brand and to promote and advertise our business;

  • Encourage our loyal customers to help with Word of Mouth mode of advertisement (referrals)
  • Advertise our commercial farm business in relevant magazines (agriculture and food related magazines), local newspaper, local TV stations and local radio station
  • Promote our commercial farm business online via your official website
  • List our commercial farm business on local directories (yellow pages ads)
  • Leverage on the internet and social media platforms like; Instagram, Google+, LinkedIn, Badoo, Facebook , twitter, et al to promote our commercial farm business
  • Employ direct coupon mailing approach to market our commercial farm produce
  • Distribute our fliers and handbills in target areas (farm markets) at regular interval

12. Our Pricing Strategy

Some of the factors that will help you sell your farm produce at the right price and guarantee that you make profits is dependent on your strategy while some of the factors are beyond your control. For instance; if the climatic condition is unfavorable and if there are natural disaster in the location where you have your commercial farm, then it will directly affect the prices of your farm produce.

Over and above, if we want to get the right pricing for your farm produce, then we have got to ensure that we choose a good location for commercial farm, choose a good breed / seeds that will guarantee bountiful harvest, cut the cost of running our farm to the barest minimum and of course try as much as possible to attract buyers to our farm, as against taking your farm produce to the market to source for buyers; with this, we would have successfully eliminated the cost of transporting the goods to the market and other logistics.

We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for all our agriculture produce is to sell them at competitive prices hence we will do all we can to ensure that the prices of our farm produces are going to be what other commercial farmers would look towards beating.

One thing is certain, the nature of commercial farming makes it possible for farmers to place prices on their farm produce based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into loss. The easier you sell off your harvest the better for your business.

  • Payment Options

The payment policy adopted by Nicolas Zebedee and Farms Limited is all inclusive one because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Nicolas Zebedee and Farms Limited will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via online bank transfer
  • Payment via check
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part.

13. Startup Expenditure (Budget)

When it comes to calculating the cost of starting a commercial farm, there are some key factors that should serve as a guide.

The different niche of commercial farms determines the total cost of setting up the business. For illustration, the start – up cost for a fish farm is different from the start – up cost for mechanized crop farming, so also the start – up cost for poultry farming is different from the start – up cost of cattle ranch (dairy farm) et al.

As a matter of fact, if you choose to start a mechanized crop farming, then you should be willing to raise huge capital base to start the business. This is so because some cultivation machines/equipment can be pretty expensive. Below are some of the basic areas we will spend our start – up capital in setting up our commercial farm;

  • The Total Fee for incorporating the Business (commercial farm) in United States of America – $750.
  • The budget for key insurance policies, permits and business license – $2,500
  • The amount needed to acquire/lease a farm land       – $50,000
  • The amount required for preparing the farm land (for crop cultivation, fish ponds, poultry, fencing et al – $30,000
  • The cost for acquiring the required working tools and equipment/machines/tractors et al– $500,000
  • The Cost of Launching an official Website – $600
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000

Going by the report from detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard commercial farm business in the United States of America. These are some of the equipment that we would need to fully launch our commercial farm,

  • Tractor
  • Soil cultivator
  • Plough
  • Harrow (e.g. Spike harrow, Drag harrow, Disk harrow)
  • Stone/Rock/Debris removal implement (e.g. Destoner, Rock windrower/rock rake, Stone picker/picker)
  • Broadcast seeder (alternatively: broadcast spreader, fertilizer spreader, or Air seeder)
  • Planter
  • Plastic mulch layer
  • Potato planter
  • Seed drill (e.g. Precision drill)
  • Transplanter (e.g. Rice transplanter)
  • Sprinkler system irrigation
  • Mower
  • Sickle
  • Winnower
  • Milk machine (bulk tank, milking pipeline et al)
  • Wheel Barrow
  • Truck

Basically, the nature of commercial farms does not require an office space; most people that run commercial farms operate directly from their farms. But we have decide to open a small liaison office; a place where administrative jobs will be carried out.

Generating Funding/Startup Capital for Nicolas Zebedee and Family Farms Ltd.

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as commercial farming.

No doubt raising start – up capital for a business might not come cheap, but it is a task that an entrepreneur must go through. Nicolas Zebedee and Family Farms Limited is a privately owned business and it will be financed by the owner of the company.

These are the areas where we intend sourcing for fund for Nicolas Zebedee and Family Farms Ltd;

  • Generate part of the start – up capital from personal savings and sale of his stocks
  • Generate part of the start – up capital from family members and friends (soft loans and gifts et al)
  • Generate a larger chunk of the startup capital from the banks (loan facility).

14. Sustainability and Expansion Strategy

It is easier for a company to survive when there is steady flow of income which is why we will ensure that we leverage on every business opportunities that we come across to sell our farm produce. Also as part of our business sustainability and expansion strategy, we will kick – start our food processing plant as soon as possible. This is to create additional income for the business.

Another sustainability and expansion strategy that we have adopted is continuous training of our workforce (both full-time staff and part – time workers) so as to provide them with the capacity to perform effectively. We believe strongly in the fact that if we are able to invest the best in our employees, then they will be able to give our clients the best and this will in turn produce benefits immensely.

We know that good and healthy farm produce, integrity, competence, trust and good relationship management is factor that can guarantee a business to grow and survive in harsh business environment which is why we will work hard not to compromise these qualities that we possess.

Check List / Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of All form of Insurance for the Business: Completed
  • Leasing of farm land in Des Moines, Iowa: Completed
  • Conducting Feasibility Studies: Completed
  • Start – up Capital Generation: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Building /construction of fish ponds, cattle ranch, and poultry: In Progress
  • Purchase of the needed working tools, machines and equipment: Completed
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Farm land Treatment, Health and Safety Arrangement: In Progress
  • Establishing business relationship with key players in the industry (agriculture farm produce merchants, transporter / haulage and suppliers of seeds, fertilizers, pesticides and insecticides): Completed