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  • 1. Agriculture Farm Business Plan On Agriculture Farm Business Plan (Botanical Bounty) Prepare by: Ramani arvind m. Roll no. : 71 SUBMITED TO Prof. Dr. Rajesh patel INSTITUTE N.R.VEKARIA INSTIUTE OF BUSINESS MANAGEMENT STUDIE, BILKHA ROAD, JUNAGADH 1
  • 2. Agriculture Farm Business Plan PREFACE For establishing and operating a business unit the knowledge ofentrepreneurship is most significant for the management person. The business plan report helps the student to understand aboutthe procedure manner for establishing small industries business plan helps thestudent for converting them into going entrepreneur. This report is there for attempt to purpose a fulfilling therequirement of entrepreneur development programmer as prescribe by theprofessor The report presented here is based on certain assumption the priceindicates are tentative and base on some big market price prevailing during theearly year. 2
  • 3. Agriculture Farm Business Plan INDEX SR NO PARTICULAR PAGE NO. 1 Executive Summary 4 Objectives 7 Mission 8 Keys to Success 9 2 Company Summary 10 Company History 11 Company Ownership 12 3 Products 13 4 Market Analysis Summary 15 Market Segmentation 16 Target Market Segment Strategy 18 Industry Analysis 19 Competition and Buying Patterns 21 5 5.0 Strategy and Implementation Summary 22 24 Competitive Edge 25 Marketing Strategy 26 Sales Strategy 27 Sales Forecast 29 Milestone 6 Management Summary 30 Personnel Plan 32 7 7.0 Financial Plan 33 Important Assumptions 34 Break-even Analysis 35 Projected Profit and Loss 36 Projected Cash Flow 39 Projected Balance Sheet 41 Business Ratios 42 3
  • 4. Agriculture Farm Business Plan 4
  • 5. Agriculture Farm Business Plan Executive SummaryBotanical Bounty is an existing farm dedicated to the production of botanical perennials. BotanicalBounty has been formed as an Oregon-based Limited Liability Corp. (L.L.C.) located outside ofAlbany, Oregon. Botanical Bounty is working hard to become a leading producer of botanical plants forthe natural supplement industry as well as plant nurseries. By leveraging a well thought out businessplan executed by a skilled management team, Botanical Bounty will generate over $216,000 in yearthree sales.Keys to SuccessBotanical Bounty has identified three keys that will be instrumental in their success. The first is theimplementation of strict financial controls. By having the proper controls, production efficiency will bemaximized. The second key will be the never ending pursuit for the industrys highest concentrationlevels of botanical ingredients in each plant. The third key is the recognition and implementation of thephilosophy that 100% customer satisfaction is required to ensure a profitable business. Profits are a byproduct of satisfying customers, not the other way around.ProductsBotanical Bounty is a 10 acre farm that concentrates on the growing of botanical medicinals. BotanicalBounty has chosen five plant species that have significant market demand as well being well suited forgrowth in the Willamette River Valley. Botanical Bounty will feature: Echinacea - an immune systembooster; Ginseng - a source of energy; St Johns Wort - for mild depression; Skullcap- for inflammation;and Ginger - a stomach soother.MarketBotanical Bounty has three distinct customers: supplement companies, processors of botanicals forsupplement companies, and nurseries that resell the plants. The first two customers purchase the plantsfor use in their products which they ultimately sell to the end consumer. The market for naturalsupplements is quite exciting. Surveys show that over 158 million consumers (over 55% of U.S.population) use dietary supplements. An estimated 115.3 million consumers buy vitamins and mineralsfor themselves, and 55.8 million purchase them for other members of their family, including children.Consumer surveys consistently find that nearly half of all Americans now use herbs - a statistic that isparticularly remarkable when we realize that todays herbal products industry is just over a quartercentury old. 5
  • 6. Agriculture Farm Business PlanManagement TeamBotanical Bounty will be lead by the husband and wife team of David and Sue Nealon. David brings awealth of business and project management skills to the company. While working at Yahoo!, David wasresponsible for the successful launch and market lead capture of Yahoo!s driving directionssection. Utilizing these skills, David will be responsible for the business operations of the farm. Sue,with a background of plant biology will be the driving force of the operation, growing the highest activeingredient content plants in the country. Additionally, because of her wealth of knowledge, she will bethe leader of the sales department.Financial PlanBotanical Bounty began as a hobby for David and Sue two years ago. Over the last two years they haveworked out all of the bugs related to production. Additionally, they are now quite hungry to succeed,creating one of the premier botanical perennial farms in the country. To finance our growth and full-time production, we need to purchase $35,000 worth of new equipment as long-term assets. To that end,we are seeking a $100,000 10-year loan. Sales forecasts conservatively indicate that $190,000 revenuewill be generated in year two, rising to $216,000 the following year 6
  • 7. Agriculture Farm Business Plan OBJECTIVE The Botanical Bounty has identified several objectives for the business: 1. Become a leading supplier of botanical perennials for the health/vitamin industry. 2. Reach the point of sustainable profitability. Enjoy work while making a good living 7
  • 8. Agriculture Farm Business Plan MissionIt is Botanical Bountys mission to become the leading provider of botanical perennials to thehealth/vitamin industry. This will be accomplished by providing quality plants at fair priceswhileexceeding customers expectationsBotanical Bounty began as a hobby for David and Sue twoyears ago. Over the last two years they have worked out all of the bugs related to production.Additionally, they are now quite hungry to succeed, creating one of the premier botanical perennialfarms in the country. To finance our growth and full-time production, we need to purchase $35,000worth of new equipment as long-term assets. To that end, we are seeking a $100,000 10-year loan. Salesforecasts conservatively indicate that $190,000 revenue will be generated in year two, rising to$216,000 the following year 8
  • 9. Agriculture Farm Business Plan Keys to SuccessBotanical Bounty will adhere to three keys that will be instrumental in its success: 1. Strict financial controls. 2. The never ending pursuit of the highest concentration of botanicals in every plant. 3. Ensuring that all customers needs are met and they are satisfied with the purchased products.Botanical Bounty has identified three keys that will be instrumental in their success. The first is theimplementation of strict financial controls. By having the proper controls, production efficiency will bemaximized. The second key will be the never ending pursuit for the industrys highest concentrationlevels of botanical ingredients in each plant. The third key is the recognition and implementation of thephilosophy that 100% customer satisfaction is required to ensure a profitable business. Profits are a byproduct of satisfying customers, not the other way around 9
  • 10. Agriculture Farm Business Plan 10
  • 11. Agriculture Farm Business Plan Company SummaryBotanical Bounty is an Oregon based perennial farm that grows a variety of botanicalmedicinal perennials. The company has been formed as an Oregon L.L.C. The farm has beenin existence for two years now, initially operating as a hobby as rather than a profit producing business.Company HistoryBotanical Bounty has been in operation for two years. Initially it was started as a hobby where Susancould use her plant biology skills while covering some of the costs. The Nealons were able to achievethis lifestyle due to a windfall that David received as a result of exercised stock options. Afterthe second year, the Nealons decided that although they had the money to live on for many years, itwould be irresponsible to needlessly spend it so they got serious about the business and made aconcerted effort to become profitable.Botanical Bounty has chosen the Willamette River Valley as an ideal place to grow perennials.Botanical Bounty has 10 acres of land which they use for production. During several of the wintermonths, production is moved into their green house for propagation. Botanical Bounty employs a dripirrigation system for all of the plants. 11
  • 12. Agriculture Farm Business Plan Company OwnershipCompany OwnershipBotanical Bounty is an Oregon L.L.C. owned by ARVIND RAMANI and PANKESH RAMANI . TheL.L.C. business formation has been chosen as a strategic way to shield the Nealons from personalliability. 1.Ramani arvind m. Contribution 60% Profit & loss sharing ratio 60% 2) Ramani pankesh m. Contribution 40% Profit & loss sharing ratio 40% 12
  • 13. Agriculture Farm Business Plan ProductsBotanical Bounty offers a range of botanical perennials (plants where the root structure remains,allowing the plant to regrow every year). Botanical perennials were chosen for two main reasons. Thefirst is the medicinal value that they offer, therefore the plants have a positive contribution to society byimproving peoples health. The second reason is that the market for medicinal herbs is a very strongindustry with excellent growth, ensuring demand for their plants. Botanical Bounty will offer thefollowing excellent:EchinaceaEchinacea was used extensively by Native Americans and the early settlers also adopted its use. It hasbeen used for years in alternative medicine to support the immune system, and to purify the blood,especially during season changes and during the cold and flu season. Scientific studies have confirmedthe presence of natural chemicals, echinacosides, which increase white blood cell activity.GinsengGinseng stimulates and increases endocrine activity in the body. Promotes a mild increase in metabolicactivity and relaxes heart and artery movements. Stimulates the medulla centers and relaxes the centralnervous system.St. Johns WortSt. Johns Wort has been used as a medicinal for thousands of years, but has only recently been studiedfor its medicinal value. Now proven to have many highly active compounds including rutin, pectin,choline, sitosterol, hypericin and pseudohypericin. The flowers and leaves are medicinal as analgesic,antiseptic, antispasmodic, aromatic, astringent, cholagogue, digestive, diuretic, expectorant, nervine,resolvent, stimulant, vermifuge and vulnerary. Some compounds of the plant have been shown to havepotent anti-retroviral activity without serious side effects and they are being researched in the treatmentof AIDS. 13
  • 14. Agriculture Farm Business PlanSkullcapSkullcap is a powerful medicinal herb, it is used in alternative medicine as an anti-inflammatory,abortifacient, antispasmodic, slightly astringent, emmenagogue, febrifuge, nervine, sedative andstrongly tonic. Some valuable constituents found in the plant are scutellarin, catalpol, other volatile oils,bitter iridoids and tannins. Scientific studies are proving this to be a valuable plant in many areas formental disorders. Skullcap is used in the treatment of a wide range of nervous conditions includingepilepsy, insomnia, hysteria, anxiety, delirium tremens, withdrawal from barbiturates and tranquilizers.GingerGinger roots and dried herb are medicinal and edible, it has a spicy, hot, crispy, taste and can be eatenfresh in small quantities in salads, used as a relish, a condiment, or made into a sauce for meat,especially good on chicken, or used to make ginger candy. Widely used as an alternative medicineginger contains the valuable constituent aristolochic acid, scientific study shows it to have anti-inflammatory, antiviral, antitumor activity, cures warts in some cases and is a broad-spectrumantibacterial and antifungal.Botanical Bounty sells these excellent perennials in plant form for the botanicals to be extracted by theircustomers. Botanical Bounty concentrates on producing the healthiest plants which have the highestconcentration of active botanicals. 14
  • 15. Agriculture Farm Business Plan 15
  • 16. Agriculture Farm Business Plan Market Analysis SummaryBotanical Bounty has identified three main customer groups: supplement companies; botanicalprocessors; and other nurseries. The customer segments are distinct enough to be able to target each onedifferently. The industry that Botanical Bounty produces for has been undergoing consolidation forseveral years now. Botanical Bounty will be able to serve the industry by leveraging their competitiveedge of healthy, potent plants.Market SegmentationBotanical Bounty has identified three different target market segments which they will sell to:Supplement CompaniesThis customer group manufactures botanical supplements for their own label products. The companiespurchase the plants and extract the active ingredients and transform them into sellable products for theirown brand. There are a handful of large companies that operate in this market space. Ten years agothere were many different ones but through consolidation the industry has grown in size but decreasedin the number of different players.ProcessorsThese customers purchase the the plants, extract the botanicals and either sell the concentratedbotanicals to the end producers or they themselves produce the supplement and sell the final product toother companies for their private label products. In essence they are the subcontractor for thesupplement companies. These companies therefore are one layer within the manufacturing system anddo not sell to the end consumer. They act as a supplier/processor for the retail brands.Other Nurseries/Garden CentersThis customer group purchases the plants which they in turn sell at retail to the individual endconsumer. The typical consumer is a health conscious individual who is interested in either extractingthe botanical from the plant immediately or growing the plant in their own garden for future use. 16
  • 17. Agriculture Farm Business PlanMarket Analysis 2003 2004 2005 2006 2007Potential Customers Growth CAGRSupplement 5% 21 22 23 24 25 4.46%CompaniesProcessors 4% 9 9 9 9 9 0.00%Nurseries/Garden 5% 123 129 135 142 149 4.91%CentersTotal 4.58% 153 160 167 175 183 4.58% 17
  • 18. Agriculture Farm Business Plan Target Market Segment StrategyBotanical Bounty has chosen the three market segments based on the consistent demand for botanicalextracts. While there are other potential customers, they are smaller, less consistent in terms of demand,and more difficult to reach. The supplement companies, processors, and to a smaller degree thenurseries are attractive customers due to the their consistent demand and typical long-term contractneeds. There is significant value to these customers for a grower to consistently offer the same highlevel of active botanicals in each plant and to be able to meet the needs of large volume, long durationcontracts. 18
  • 19. Agriculture Farm Business Plan Industry AnalysisThe botanical perennial growing market is typically concentrated in several regions around the U.S.which have optimum growing conditions. While there are a couple mega farms, on the whole, 78% ofthe U.S. production comes from growers with 5-20 acres of land. Approximately 23% of botanicalextracts are grown abroad and imported into the United States. Reasons for botanical growth to occuroverseas is typically based on the type of herb and its ability to grow better in the respective region.The market for supplements is huge and growing:U.S. Supplement MarketSurveys show that over 158 million consumers (over 55% of the U.S. population) use dietarysupplements. An estimated 115.3 million consumers buy vitamins and minerals for themselves, and55.8 million purchase them for other members of their family, including children. Consumer surveysconsistently find that nearly half of all Americans now use herbs - a statistic that is particularlyremarkable when we realize that todays herbal products industry is just over a quarter century old.The basic reason cited for dietary supplement growth is the desire for self-care. Consumers use dietarysupplement products to help them achieve their self-care goals that arise out of a sense of alienationfrom the established health care system. Results from a national survey conducted in 1999 by MensHealth magazine show that consumers use dietary supplements as a means of ensuring good health.They also use supplements for very specific medicinal purposes such as treating and preventing seriousillnesses, colds, and the flu; increasing mental sharpness; and alleviating depression.The consumers desire for self-care and the widespread use of dietary supplements may cause problemsfor public health. An estimated 22.8 million consumers use herbal remedies instead of prescriptionmedicine, and an estimated 19.6 million use them with a prescription product.In the past, except for vitamin and mineral products, dietary supplements, particularly botanicalproducts, were sold mainly to adults in health food stores. In contrast, now such products are availablein supermarkets, other retail stores, and on the Internet, making these products readily accessible tochildren and other vulnerable populations. The Nutrition Business Journal estimated that in 1999, U.S.consumer sales of supplements over the Internet amounted to $142 million, almost three times theprevious years total of $48 million. 19
  • 20. Agriculture Farm Business PlanThe five main channels of distribution are: consumer-direct (includes direct mail/catalog, direct fromsales representatives, multi-level marketing, Internet & infomercial/direct from television); food, drug,mass-market stores, health and natural food stores, healthcare professionals and practitioners, others.Channel of Distribution % of $ SalesConsumer-direct 42%Food, drug, mass-market stores 30%Health & natural food stores 20%Healthcare professionals / practitioners 4%Other 4%The 10 largest companies in the botanical and dietary supplement market account for 83% of the totalU.S. annual market.Company 2001 SalesGeneral Nutrition Companies $1.4 billion*Nu Skin Enterprises $921.60Herbalife International $899.70Perrigo $877.60NBTY $610.10Rexall Sundown $590.20Weider Nutrition International $335.50Twinlab $321.00Natures Sunshine $287.40Chattem $272.80 20
  • 21. Agriculture Farm Business Plan Competition and Buying PatternsAs mentioned previously, competition takes two forms, farms similar in size and production capacity toBotanical Bounty and megafarms. The similarly sized farms range in size from 5-30 acres. The numberof different herbs grown varies from a handful to upwards of 50. The choice of plants grown is based onowner preference as well as location and the ability of the local growing conditions to support thedifferent plants.On the other end of spectrum is the megafarm. These farms have a similar range of species cultivated,however they differ greatly in production capacity. These farms are huge, typically not less than 100acres, peaking at 300 acres. These growers however are few number.The buying patterns of the different customers are typically based on these variables: • Price • Availability • Ability to deliver consistently on long-term contracts • Significant % of active ingredients • Consistency. 21
  • 22. Agriculture Farm Business Plan 22
  • 23. Agriculture Farm Business Plan Strategy and Implementation SummaryBotanical Bounty will leverage their competitive edge in order to gain significant market share. Theircompetitive edge is their ability to consistently produce plants with high active botanical percentages aswell as a high ratio of healthy plants (sellable).The marketing strategy will have the objective of raising awareness and visibility of their industry-leading percentages of active botanicals. The strategy will communicate the fact that Botanical Bountysplants will yield a significantly higher amount of botanicals measured per plant.The sales strategy, in addition to reinforcing the competitive edge, will seek to qualify leads byconcentrating on Botanical Bountys ability to perform reliably on long-term contracts, becoming astable supplier to the larger companies that need a steady supply stream. 23
  • 24. Agriculture Farm Business Plan Competitive EdgeBotanical Bounty has a dual competitive edge:Healthy PlantsThe healthier the plant, the faster it will grow, the more botanicals that can be extracted from it. Thismeans an increase in production efficiency due to a larger percentage of plants that are sellable. Othercharacteristics of healthy plants which are important on the production side is: lower pest counts, moreestablished root structures, and high biomass.High Concentration of Active BotanicalsThis is beneficial to the purchaser because they are buying the plants precisely for the active botanicals. Highconcentration levels are valuable to Botanical Bounty because they increase the amount of botanicals producedper plant or per acre, increasing the production capacity of a given amount of land, thereby increasing theirreturn on investment and increasing the attractiveness of Botanical Bountys plants relative to the competition 24
  • 25. Agriculture Farm Business Plan Marketing StrategyThe marketing strategy will be based on generating awareness and visibility of Botanical Bounty andtheir ability to produce the highest percentages of botanicals. The strategy will rely on severaldifferent forms of communication. The main form is participation in the numerous trade shows for theindustry. The trade shows are where everyone from the industry gathers to meet and transactbusiness. t is a wonderful place to network as well as learn about new developments in the industry.The second form of communication will be the use of advertisements. The main venues foradvertisements will be industry trade magazines. The trade magazines are a well read source ofinformation that buyers and sellers refer to for many different transactions. 25
  • 26. Agriculture Farm Business Plan Sales StrategyBotanical Bountys sales strategy efforts will focus on identifying qualified leads and turning them intopaying customers. The main sales effort that Botanical Bounty will undertake is the reinforcement of thefact that Botanical Bountys plants have the industrys highest percentage of botanicals. This will bequite appealing to the buyers as this is exactly what they want, more botanicals per plant. In addition toselling the buyers on Botanical Bountys competitive edge of potent plants, there will be an emphasis onBotanical Bountys ability to perform on long-term contracts.Botanical Bounty recognizes that the transactions should not be thought of as individual sales, but aslong-term relationships. This is a reasonable assumption based on the fact that the customers are in thebusiness of utilizing botanicals, that they will continually have the need for the botanicals, and that it isfar less expensive to establish a relationship with one vendor than to continually have to findnew vendors that can meet their needs. 26
  • 27. Agriculture Farm Business Plan Sales ForecastThe sales forecast indicates that growth will be slow but steady. Growth will be slow because of thetime and effort needed to develop the customers. Production is not the slowing element as BotanicalBounty has been in production for a couple of years. Granted they were not producing at the same level,or for that matter with the same goal of business efficiency, but nonetheless they will be able toreasonably raise production to meet the sales needs. During the wet months of the year, the forecastreflects a tapering of sales as production will fall during these months. There will however be somesales and production which will be moved inside to the greenhouses.There are a few risks that could have a negative impact on sales. The first is weather. Plants aredependant on the weather. A poor growing season will have a serious effect on production. This risk isspread amongst all of the producers of the specific region meaning the weather risk is imposed oneveryone, generally not a specific farmer. Another risk that could effect sales is some sort of pest thatcould unexpectedly negatively effect the crops. By planting multiple botanicals and choosing thembased on their heartiness relative to the growing climate, Botanical Bounty is able to minimize theserisks as much as possible.Sales Forecast 2003 2004 2005SalesSupplement Companies $41,385 $93,090 $105,665Processors $35,591 $80,057 $90,872Nurseries $7,863 $17,687 $20,07 6Total Sales $84,839 $190,835 $216,613Direct Cost of Sales 2003 2004 2005Supplement companies $3,104 $6,982 $7,925Processors $2,669 $6,004 $6,815Nurseries $590 $1,327 $1,506Subtotal Direct Cost of $6,363 $14,313 $16,246Sales 27
  • 28. Agriculture Farm Business Plan 28
  • 29. Agriculture Farm Business Plan MilestonesThe value of Botanical Bountys milestones is in creating a set of measurable activities that will beachievable goals. The achievement of the milestones will be closely monitored and the assigned personwill be held accountable for hitting the milestonesMilestone StartDate End Date Budget Manager DepartmentBusiness plan 1/1/2003 2/1/2003 $0 ARVIND StrategiplanningcompletionFirst large 1/1/2003 4/30/2003 $0 pankesh Salescontract$100K in 1/1/2003 4/4/2004 $0 pankesh SalesrevenueProfitability 1/1/2003 7/30/2004 $0 ARVIND OperationsTotals $0 29
  • 30. Agriculture Farm Business Plan‘ 30
  • 31. Agriculture Farm Business Plan Management SummaryThe Botanical Bounty management team is made up of the husband and wife team of arvind and SueNealon. arvind studied at Pomona College, a small liberal arts school in central California. arvindgraduated with a dual major of Business and Philosophy. arvind worked at a bicycle shop for a yearbefore joining Yahoo! as employee number 34. arvind was a Project Manager and was in charge somebusiness development activities. His first "home run" was the development, launching, and managementof Yahoo!s driving directions service. arvind recognized the value of providing people with precise,custom driving directions.Initially is was a daunting task to develop revenue for this service which the individual users did not payfor, but arvind was able to generate sufficient advertising dollars specifically for his service. arvind wasultimately responsible for the entire project, providing him with a wealth of project management andoperations skills. After this direction service became the market leader for this niche, arvind moved onto other projects at Yahoo! arvind spent a total of four years at Yahoo! providing him with a wealth ofexperience.Pankesh is the biology/horticulture manager for Botanical Bounty. Sue studied at the University ofOregon, first receiving her undergraduate degree in biology and later her Masters in Plant Biology.Sues Masters thesis was a dual thesis in plant fertility and herbal concentrations. The plant fertilitytopic was a study of different types of compost and the effects on fertility. The second topic exploredthe interrelationships of nutrients and temperature and the effect that they have on the plants productionof the respective botanicals. The topics of her thesis were chosen based on her desire to continue withher education professionally as a grower.After school Sue moved down to California to work at one of the largest indoor growing operations inCalifornia. Wanting to be closer to her parents, the Sue and David moved to the Willamette RiverValley in Oregon in pursuit of Sues dream of running her own farm. For the first two years she ran thefarm as a hobby, just figuring things out without a concern for profits. After several seriousconversations, they decided to really make the farm a business.Playing to their strengths Sue will manage the farming operations and sales, while David handles thebusiness operations. 31
  • 32. Agriculture Farm Business Plan Personnel Plan • Arvind : Operations including vendor relations, accounting, and some growing responsibility. • Pankesh : Head grower and sales. As head grower she is responsible for supervising, scheduling plant production, the cutting schedules, crop selection, growing schedules, fertilizer selection and application schedules, irrigation system development, and pest control. Because Sue has the technical knowledge regarding the plants and their industry leading botanical concentrations, she will be in charge of sales which will include qualifying leads as well as participating in the final negotiations and account management. • Grower: Sue will have the assistance of a full-time grower in order to allow her to meet her sales responsibilities. • Laborers: The laborer positions will be seasonal as there is more work required in the summer months, however, there will always be some laborers on staff throughout the year. Some of the responsibilities of the laborers are soil tilling, compost distribution, plant collections and trimming. Personnel Plan 2003 2004 2005 Arvind $18,000 $18,000 $18,000 Pankesh $18,000 $18,000 $18,000 Grower $24,000 $27,000 $29,000 Laborers $27,000 $29,000 $32,000 Total People 4 6 6 Total Payroll $87,000 $92,000 $97,000 32
  • 33. Agriculture Farm Business Plan 33
  • 34. Agriculture Farm Business PlanFinancial PlanThe following sections will outline important financial information.Important AssumptionsThe following table details important Financial Assumptions. General Assumptions 2003 2004 2005 Plan Month 1 2 3 Current Interest Rate 10.00% 10.00% 10.00% Long-term Interest Rate 4.00% 4.00% 4.00% Tax Rate 30.00% 30.00% 30.00% Other 0 0 0 Break-even AnalysisThe Break-even Analysis is shown below Break-even Analysis Monthly Revenue $13,770 Break-even Assumptions: Average Percent 8% Variable Cost Estimated Monthly $12,737 Fixed Cost 34
  • 35. Agriculture Farm Business Plan 35
  • 36. Agriculture Farm Business Plan Projected Profit and LossThe following table and charts show the Projected Profit and Loss 36
  • 37. Agriculture Farm Business Plan 37
  • 38. Agriculture Farm Business Plan 38
  • 39. Agriculture Farm Business Plan Projected Cash FlowThe following table and chart display the Projected Cash Flow, including our purchase of newequipment, and the loan (and principal repayment) related to the farms expansion. 39
  • 40. Agriculture Farm Business Plan 40
  • 41. Agriculture Farm Business Plan Balance sheet 41
  • 42. Agriculture Farm Business Plan Ratio analysis 42
  • 43. Agriculture Farm Business Plan Future prospect Running toward the 21 century where there is luminous in this era the use ofBotanical Bounty is wind the make of this product is over the world. It is use by everyconsumer or person in day to day present time requirement is change towardthe Botanical Bounty so it is better future of the this productThe demand of the product is increase day by day to the increase of production ifIndia also it is seen that Botanical Bounty has wide scope of market of the productaccording the propose product is considered have better prospect 43