Chicken Farm Business PlanPosted by ferfecir on August 1st, 2013 in Samples Of Business Plans Tweet
1.0 Executive Summary
The purpose of this organization strategy strategy is to increase $900,000 for the growth of a poultry village and constant facility while presenting the predicted financial records and functions over the next three decades. Chicken Farm, Inc. (“the Company”) is a New You are able to based organization that will provide income of live poultry and egg to customers in its focused industry. The Company was established by David Doe.
1.1 Products and Services
As stated above, the primary income flow for the organization will come from the sale of meticulously poultry to farm owners within the target audience. The Company anticipates that each poultry will generate approximately $10 of income for the organization. Additional sources of income will include providing income of killed chickens/ egg to suppliers throughout the United States. The third section of the organization strategy strategy will further explain the solutions offered by the Chicken Farm.
1.2 The Financing
Mr. Doe is seeking to increase $900,000 from as a loan from the bank. The attention amount and loan agreement are to be further discussed during discussion. This organization strategy strategy represents that the organization will receive a 15 season loan with an 8% set amount. The funding will be used for the following: • Development of the Business’s Chicken Farm location. • Financing for the first six months of operation. • Capital to purchase the equipment for the Chicken Farm. Mr. Doe will play a role $100,000 to the venture.
1.3 Objective Statement
The Chicken Farm’s mission is to become the recognized leader in its focused industry for income of poultry and egg.
The Company was established by David Doe. Mr. Doe has more than 10 decades of experience in the animal income industry. Through his expertise, he will be able to bring the functions of the organization to success within its first season of functions.
1.5 Sales Forecasts
Mr. Doe desires a strong amount of growth at the start of functions. Below are the predicted financial records over the next three decades.
1.6 Expansion Plan
The Creator desires that the business will strongly increase during the first three years of function. Mr. Doe plans to apply marketing strategies that will successfully focus on plants, poultry merchants, and slaughter homes within the focus on audience.
2.0 Organization And Funding Summary2.1 Authorized Name and Business Structure
Chicken Village, Inc. The Organization is registered as a organization in the Condition of New You are able to.
2.2 Needed Funds
At this time, the Chicken Village needs $900,000 of debts resources. Below is a malfunction of how these resources will be used:
2.3 Investor Equity
Mr. Doe is not looking for an investment from a third celebration presently.
2.4 Management Equity
John Doe owns 100% of the Poultry Village, Inc.
2.5 Exit Strategy
If the organization is very successful, Mr. Doe may seek to offer the organization to a third celebration for a important income multiple. Most likely, the Company will hire a qualified organization broker to offer the organization on behalf of the Poultry Village. Based on traditional numbers, the organization could fetch a product sales premium of up to 8 times income (including the value of appreciated real estate).
3.0 Items And Services
Below is a information of the solutions offered by the Poultry Village.
3.1 Sales of Chicken
The primary income stream for the organization will come from the selling of chicken to plants and slaughterhouses within the Business’s focused market. As stated in the executive conclusion, the anticipated income generated from the selling of each lawn fed chicken will produce roughly $10 of
income. The organization plans to produce a lot of interest in the Poultry Village due to the fact that organic agriculture methods will be used and all poultry will only be fed lawn.
3.2 Sales of Various meats and Eggs
Additionally, the service will also offer for the product sales of chicken to suppliers throughout the U. s. Declares. Poultry and egg are in requirement on a year long foundation, and the Company will be able to produce substantial income from selling top quality lawn chicken.
4.0 Strategic And Market Analysis4.1 Financial Outlook
This area of the research will detail the economical system, chicken agriculture market, the client information, and the opponents that the organization will face as it advances through its organization functions. Currently, the economical market condition in the U. s. Declares is gradual. This slowdown in the economic system has also greatly impacted property product sales, which has halted to traditional lows. Many economists expect that this gradual will continue for a important time period, at which point the economic system will begin a prolonged recovery period. This should have only a modest impact on the Business’s ability to produce income from its chicken agriculture and egg/chicken product sales functions.
4.2 Industry Analysis
Within the U. s. Declares, there are roughly 65,000 plants that specialize in the development of chicken meat and egg manufacturing. Each year, these companies produce almost $85 billion dollars of income and offer jobs to more than 700,000 people. Yearly payrolls in each of the last five years has exceeded $10 billion dollars. This is a mature market, and the predicted future rate of growth is predicted to equal that of the common economic system. The requirement for chicken has continued to remain powerful despite the economic system.
4.3 Client Profile
The Poultry Farm’s average client will be a slaughterhouse, farmer’s market, or chicken distributor in the Business’s focus on audience. Common traits among clients will include: • Annual income exceeding $1,000,000 • Operates no more than 25 miles from the Business’s location. • Will spend $5,000 to $30,000 with the Company on a yearly foundation. • Is licensed by the USDA to acquire, slaughter, and offer chicken.
4.4 Aggressive Analysis
This is one of the sections of the organization technique strategy that you must write completely on your own. The key to writing a powerful competitive research is that you do your research on the regional opponents. Find out who your opponents are by doing a google search online directories looking in your regional Yellow Pages. If there are a variety of opponents in the same market (meaning that it is not feasible to explain each one) then showcase the variety of companies that
compete with you, and why your organization will offer clients with service/products that are of better quality or less expensive than your opponents.
5.0 Promotion Plan
The Poultry Village plans to maintain an extensive technique that will ensure maximum visibility for the organization in its focused market. Below is an overview of the marketing techniques and goals of the Company.
5.1 Promotion Objectives
• Establish connections with vets, regional plants, and chicken suppliers throughout the focus on audience.
• Implement a regional technique with the Business’s focused market via the use of flyers, regional newspaper ads, and testimonials advertising.
• Develop an online business by developing a website and placing the Business’s name and get in touch with details with online online directories.
5.2 Promotion Strategies
Mr. Doe plans on using a variety of selling techniques that will allow the Poultry Village to easily focus on buyers within the focus on audience. These techniques consist of traditional print ads and ads placed on google on the Internet. Below is a information of how the organization plans to promote its solutions to the community. The Poultry Village will also use an online technique. This is very important as many people looking for regional solutions, such as chicken plants, now the Internet to conduct their initial searches. Mr. Doe will register the Poultry Village with online portals so that prospective clients can easily reach the organization. The Company will also create its own website showcasing the service, its inventory of poultry, initial costs details, and get in touch with details. Finally, Mr. Doe will create ongoing recommendation connections with vets that regularly work with owners of farmers of poultry. As time advances, these recommendation connections with become and invaluable source of income for the organization.
In this area, explain the costs of your solutions as well as. You should offer as much details as possible about your costs as possible in this area. However, if you have hundreds of items, condense your product list categorically. This area of the organization technique strategy should not span more than 1 page.
6.0 Organizational Plan And Personnel Summary6.1 Corporate Organization
6.2 Organizational Budget
In this area of the company strategy strategy, you should write a two to four passage bio about your experience, your education, and your expertise set. For each proprietor or key worker, you should provide a brief bio in this area.
7.0 Financial Plan7.1 Actual Assumptions
• The Poultry Village will have an yearly income amount of growth of 10% per season.
• The Owner will obtain $900,000 of debt resources to create the company.
• The loan will have a 15 season term with an 8% interest amount.
7.2 Understanding Analysis
During times of financial slowdown or a gradual economic system, the Organization may have issues with top line income as ranchers range down their buying activities and farm owners cut back on capital expenses. However, the census focus on by the Organization have remarkable financial endurance, and as such, decreases in general financial efficiency should have only a average effect on the Business’s earnings.
7.3 Source of Funds
7.4 General Assumptions
7.8 General Assumptions
Note: It’s one thing to start a chicken farm, but to start an actual business out of it is something else entirely. You are not only going to become a chicken farmer, but a businessperson as well, depending on what markets you want to target and what part of the chicken industry you want to tap into. In the chicken industry there are two main sectors: Layers, which are chickens bred and raised to produce eggs, or broilers, chickens raised and bred to be slaughtered. Whatever sector you choose, you have to make responsible managerial and financial decisions to make your chicken farm business a profitable one.