• Agriculture Business Plan

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Agriculture Business Plan

The agriculture business plan helps the entrepreneur to understand, to visualize, to plan and to identify risks, even before making any investments in the business. Preparing a business plan involves detailed research so that all the aspects of the given business are evaluated and appropriate decisions are made. The agriculture businesses across the world are in two formats. One is independently owned small farmer which provides products to a distributor or the customer within a given locality. Second is companies that run a Large Farming Land across a region and take advantage of the scale of economy. 4.1% of the GDP is Expected to grow in the Agriculture sector, which sums up to rs.1.11 Trillion. In the advancement of Food Grain Production, is expected to be 271.98 MT and the Production of pulses would be at 22.14 MT.

The Export of basmati rice may rise above Rs 23,000-22,500 crores, with 4.09 MT volume by 2018. 96.6MT of wheat production will be seen in the 2016-17. During the year 2017-18, Government of India has increased the budget for the sustainable development of agriculture to Rs. 1,87,223 Crores in rural agriculture and allied sectors. Micro- Irrigation in the rural area where funded with Rs. 5,000 Crores by the NABARD (National Bank of Agriculture and Rural Development) and also From Rs. 2,000 crores to the fund of allocation for dairy processing was raised to Rs. 8,000 by the Government in over three years.

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All organizations are made up of group of capabilities that are coming from People, Processes and Systems. These capabilities are working together in a seamless manner to deliver the requisite capabilities to the customer. The various capabilities that need to be addressed in a Agriculture business plan are given below:

People

A typical Agriculture is headed by a Farmer. The Important role of the farmer is Crop selection, Land preparation, Seed selection, Seed sowing, Irrigation, Crop growth, fertilizing, Harvesting. The other important roles are Labor, Wholesalers, Retailers, Distributors, Manufactures etc.

Process

Crop Production, Animal Production, Marketing of Production, Supply chain management, New product Development, Distribution, packing, Management Strategies includes Crop rotation, Integration pest Management.

Systems

Owned or leased farm land, Seeds Suppliers, Fertilizers Manufacturer, Machinery, labor, Pesticide manufacturer, Transportation.

Most of the businesses have professional bodies across the globe and being associated with these organizations tremendously helps in understanding the current trends in business. Some of the professional bodies are listed below for your reference:

Agricultural Industries Confederation
East of England Showground, Peterborough, PE2 6XE, UK

Western United States Agricultural Trade Association
4601 NE 77th Ave, Suite 240 - Vancouver, WA 98662, US

Federated Farmers of New Zealand
57A Theodosia St, Timaru Central, Timaru 7910, New Zealand

Indian Council of Food and Agriculture
B-Wing, 2nd Floor, Naurang House KG Marg, New Delhi 110001, India

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