Dairy Business Plan
Farm Business Plan
Lender Friendly
Example
Prepared June 2008
1
Executive Summary
An “elevator pitch” that briefly explains the scope of the business plan.
(written as a last step)
Company Description
…………….. own 71 acres in the town of South Bend of Sheffield County. There are 55 acres of tillable land currently all in grass for hay and pasture. The family currently raise approximately 200 goats for meat production and the sale of breeding stock.
Long Range Strategy and Implementation:
Short Term Goals: (Within 2008 calendar year)
1. Determine best alternative to establish a goat diary
2. Establish financing for selected alternative
Intermediate Term Goals:
1. Sign contract and build barn/milking facility or locate suitable farm for purchase and establishment of dairy in existing facility.
Long Term Goals:
1.
Goat dairy is a final phase for complete utilization of time and energy in the enterprise.
Options:
The owners are considering two options:
One possibility is to build a milking facility on their current property.
Debt load may be larger
Allows for alternative use of existing barn
Avoids cost of moving entire enterprise
Second possibility is the purchase of an existing facility near Watertown and move the enterprise to that location.
Facility could be modified, not built from scratch
More land may be available
Debt load is minimal with sale of current facility and house.
Cost and stress of moving entire enterprise is high.
2
Product Description
The …….. dairy prides itself on producing high quality milk for the production of cheese and growing high quality breeding stock for market trade.
Organization and Management
Description of business format: sole proprietor, partnership, LLC, or corporation. Any other characteristics that help explain the business structure to the reader.
Management Team
--------------------- Owner and operator
Responsible for: feeding and care
Hay harvesting
Long
Lender Friendly
Example
Prepared June 2008
1
Executive Summary
An “elevator pitch” that briefly explains the scope of the business plan.
(written as a last step)
Company Description
…………….. own 71 acres in the town of South Bend of Sheffield County. There are 55 acres of tillable land currently all in grass for hay and pasture. The family currently raise approximately 200 goats for meat production and the sale of breeding stock.
Long Range Strategy and Implementation:
Short Term Goals: (Within 2008 calendar year)
1. Determine best alternative to establish a goat diary
2. Establish financing for selected alternative
Intermediate Term Goals:
1. Sign contract and build barn/milking facility or locate suitable farm for purchase and establishment of dairy in existing facility.
Long Term Goals:
1.
Goat dairy is a final phase for complete utilization of time and energy in the enterprise.
Options:
The owners are considering two options:
One possibility is to build a milking facility on their current property.
Debt load may be larger
Allows for alternative use of existing barn
Avoids cost of moving entire enterprise
Second possibility is the purchase of an existing facility near Watertown and move the enterprise to that location.
Facility could be modified, not built from scratch
More land may be available
Debt load is minimal with sale of current facility and house.
Cost and stress of moving entire enterprise is high.
2
Product Description
The …….. dairy prides itself on producing high quality milk for the production of cheese and growing high quality breeding stock for market trade.
Organization and Management
Description of business format: sole proprietor, partnership, LLC, or corporation. Any other characteristics that help explain the business structure to the reader.
Management Team
--------------------- Owner and operator
Responsible for: feeding and care
Hay harvesting
Long