Looking for a farm agriculture business plan or supporting documents that can be used to help raise funds for a working farm? It may seem like agriculture has lost its way in the American economy, but in fact the planting and farming of crops in this country remains the backbone of American food production and consumption. The government's offer of subsidies and tax incentives to American farmers remains as a testament to the need for advanced agriculture operations—home-based and corporate—that can supply useable foods to citizens and off-takers at the wholesale level. As such, a farm agriculture business plan should discuss the following in detail to prove to the reader that you know what role your business plays in this space:
• What crops will your farm produce?
• What is the seasonality for your sales?
• Are there incentives or tax subsidies you can capitalize on?
• What personnel needs do you have (versus 1099 contractors)?
• Are there defined funding needs, and if so how will you apply the capital?
The business plan for a farm or agriculture business needs to show not just how you will spend funds but which categories of sales are the most likely to be steady over the life of a five-year model. (A bank will only require a three-year forecast, but be prepared to show a five-year model to any investor.) The plan should also look at competing farms nearby (who else in the county/region supplies the same crops as of this writing?) and the marketing you can use to help the farm gain market share. The business plan will need to show a realistic but profitable model, and MasterPlans can help create this if you get stuck or aren't sure how to start. Call our team of experts today to learn about what services we can perform for you. Toll-free: 877-453-2011.
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