• Farm Business Plan

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Farm Business Plan

Farm Business Typical specializes in Dairy farm, Poultry farm, Pig farm which may be owned and operated by an individual, family, community, company or corporation, which in turn produce a single or many produce and hold any size of the fraction of lands from a hectare to several thousand of hectare. A Corporate farming is used to define a company that own or influence farms and agriculture practices on a large scale by selling their products too. This Farm 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. There are Three Essential Factor before starting a farm business are Access to land (Already own or planning to purchase), Equipment (Tractor, Backhoe etc.) and Financial resource. The farm sector is witnessing an interesting turnaround and therefore the agricultural rate of growth can hit a high of half dozen.04% in 2016-17, government think-tank Niti Aayog aforementioned on weekday, overshooting official valueestimates that pegged farm rate of growth at four.1% last week.

According to by the address made by Agriculture Minister Radha Mohan Singh "The Production of food-gran in the year, 2017-18 has targeted at 273 million tonnes ". The Farming in agriculture sector in India is expected to generate better momentum in the next few years due to increased investments in agricultural infrastructure such as irrigation facilities, warehousing and cold storage.

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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 farm business plan are given below:

People

Crop Management, Production Management includes Inputs of production like raw Materials, seeds and labour , Business Risk Management, Accounting Management, Supply Managed Commodities, Central Selling Desks, Marketing ( Direct to retailers and Direct to wholesalers / Community supported Agriculture) and Report Requirement / Analysis.

Process

Tractor, ATV/UTV, Farm Truck, Wagon, Backhoe, Front-End Loader, Cultivator, Cultipacker, Plows, Harrow, Plastic Mulch Layer, Sprayers, Irrigation System, Seed Drills, Broadcast Seeder, Trans-planter, Mowers, Scythe, Sickle, Rakes, Balers, Combine or Harvester, Manure Spreader, Hydroponics.

Systems

Recording equipment is generally required for the Audio Recording it can be setup using Computer, DAW, Audio Interface, Microphones, Headphones, Studio Monitors, Cables, Microphone Stands, Pop Filter. Dedicates studio includes Desk/Workstation, Studio Chairs, Bass Traps, Acoustic Panels, Diffusers, Reflection Filters, Monitor Isolation Pads, Studio Monitor Stands, Rack Mount, Power Conditioner, Microphone Preamp, Monitor Management, Digital Converter.

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:

National Farmers Association
NFF House, 14-16 Brisbne Avenue, Barton ACT, Australia 2600

Ecological Farmers Association of Ontario (EFAO)
Orchard Park Office Centre, 5420 Hwy 6, North Guelph, Ontario N1H 6J2

Progressive Dairy Farmers Association
#34-A, Main Road, Perambur, Chennai - 600011 Tamilnadu, India

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