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Include the cost of salaries and benefits for each employee and identify the pay intervals, such as weekly, biweekly or monthly payrolls.Explain your farm finances in written form and include the actual financial statements.Martindale’s Agriculture Center can be of great use to farmers making business plans.
Include the costs for each piece of machinery, as well as the costs for materials and supplies, such as tillers, tractors, seeds, fertilizer, barrels and every other item that is required to operate your farm.
Identify the government regulations that your farm operation will be required to meet.
You can use enterprise budgets to make smart business management decisions, and to help you develop a viable business plan.
of all sorts from the Agricultural Marketing Resource Center, including organic crop budgeting tools, many vegetable budgeting tools, the crop conversion tool for side-by-side crop comparisons, specialty crop and livestock budgets, hydroponics budgets, wind calculators, composting calculators, manure calculators, distillers grain budgets, biomass calculators and specialty foods calculators.
A business plan is a work in progress, which farm business owners or operators will want to revisit regularly.
is a 20 page farm business planning publication that discusses the initial steps to help you move toward writing a formal business plan.Include the goals and missions of your business and explain the farm’s short and long-term goals.Provide a brief review of the farming industry’s trends, growth patterns and economic standpoints.Smith's articles have appeared in the "Houston Chronicle" and on various websites, drawing on her extensive experience in corporate management and property/casualty insurance.Enterprise budget resources are included on the farm business planning page because such tools are usually essential in helping you to develop your business plan.Create an organizational chart to explain the flow of responsibility and create a brief job description for each position.List the separate departments of your farm operation and the responsibilities of each department supervisor.Explain your farm operation’s marketing strategies. Include a forecast for the number of target customers and sales, such as 25 million gallons of milk or 100,000 crates of eggs each year.Explain the methods that your farm operation will use to generate its customers, such as government contracts, trade shows and wholesaler contracts. Outline the equipment and materials the farm needs to run an efficient operation.List the legal business description of your farming business, such as sole proprietor, partnership or corporation.Complete a SWOT analysis to identify the strengths, weaknesses, opportunities and threats of your farm operation.