FREE 10+ Small Farm Business Plan Samples in PDF | DOC

For people living in rural areas, most take advantage of their vast property and turn it into a small farm to earn some profits. Farming is a great way to promote self-sufficient living and practice sustainable ways of growing your food organically. If you own a farm and you’re planning to turn your farm into a business opportunity, you need to create a business plan. A business plan is great to help you start your business and guide you in the direction your farm is going. You also need it if you propose to potential investors or banks to help you loan money for capital. This article will guide you on how to create a business plan.

For people living in rural areas, most take advantage of their vast property and turn it into a small farm to earn some profits. Farming is a great way to promote self-sufficient living and practice sustainable ways of growing your food organically. If you own a farm and you’re planning to turn your farm into a business opportunity, you need to create a business plan. A business plan is great to help you start your business and guide you in the direction your farm is going. You also need it if you propose to potential investors or banks to help you loan money for capital. This article will guide you on how to create a business plan.

10+ Small Farm Business Plan Samples

1. Small Farm Business Plan

2. Small Farm Center Business Plan

3. Small Farm Program Business Plan

4. Sample Small Farm Business Plan

5. Small Farm Community Business Plan

6. Small Farm Advisor Business Plan

7. Small Farm Start-Up Business Plan

8. Standard Small Farm Business Plan

9. Small Farm Food Business Plan

10. Small Scale Farm Business Plan

11. Organic Small Farm Business Plan

Importance of a Business Plan

A business plan is a must for all kinds of business. It serves as a roadmap to guide your business in which direction you should take. For new business, a business plan is important to make and perfect. It will help you with your overall vision and mission for your business. An efficient business plan should be realistic, simple, specific, and complete.

How to Write a Small Farm Business Plan

1. Write Down Your Mission Statement

To write down the mission statement, first, define the purpose of your business. Why does your farm exist? Next, define your values that reflect your business. What purpose does your farm services to the community? And lastly, define your goals. Where is your farm headed for the next five years? Make sure your goals are measurable and achievable. To help you on creating realistic goals, refer to the SMART goals.

2. Background Information

In the next section of your business plan, provide the background summary of your farm. Include the following details:

• Location
• Acres of land you’re farming
• A short history of your business
• General and sustainable practices in your farm

3. Farm Strategy

This part is where you will elaborate your business strategy to boom in the future. You need to gather information about small farm businesses and analyze industry trends, identify competitors, and define your target audience. You also need to provide a SWOT (strengths, weaknesses, opportunities, and threats) analysis. This snd the research you did above will help you describe your business in those categories and identify alternative strategies for your farm based on your analysis.

4. Marketing Plan

Part of the strategies you need to create is a marketing strategy for your products and services. You need to dedicate an alternate section for this because this is important for investors to know how you will market your farm to the public. Provide your promotion ideas, and prices for your products and services.

5. Financial Analysis

This section is also part of your farm strategy that you also need to dedicate its own section. Detail the financial aspect of your farming operation. List down your current finances including all income and operating expenses. Forecast the budget needed for future growth to meet your goals. Don’t forget to include to outline your future operating expenses.

6. Staff Summary

The last part of your business plan is where you will input a short introduction of the people involved in your business.

FAQs

What are the requirements to be considered a small farm?

A farm can be considered a small farm that is legible for business if its size is 180 acres or less and earn around $50,000 or less in gross income per year.

What are some profitable small farm ideas?

There are a lot of small farm ideas that can make any farmer a big profit if they know what they are doing. Some examples are tree nursery, fish farming, dual crop farming, dairy farming, herb gardening, bee farming, vegetable landscaping, snail farming, mushroom farming, organic farming, poultry farming, flower farm, animal petting farm, and fruit picking farms.

How do I pick a farm name?

Picking a farm name doesn’t have to be a hard task to do. All you need to do is to consider the features of your farm or the town your farm belongs in and include it as a part of your farm name. You can also mix random words to make your farm sound catchy.
Don’t forget to write an implementation plan for your strategies. This is where you will write the resources and things you need to do to start working on those strategies. If you’re done writing your business plan, review and revise it for grammatical mistakes and check if you included all the necessary information needed. To help you get started on writing your business plan, download our sample templates above!