Agriculture Farm Business Plan Leave a comment

Opportunity

Problem

The health and nutrition industry is growing rapidly. Customers want to have natural and plant alternatives to medication. They believe that the body is a temple. They don’t want chemicals to pollute their bodies. It is essential that the industry has botanical plants that are available to be processed as well as given to nurseries for ‘do it yourselfers’.

Solution

Botanical Bounty is striving to be a major producer of botanical plant for the natural supplements industry and nurseries.

Market

Botanical Bounty has three distinct customers: supplement companies, processors of botanicals for supplement companies, and nurseries that resell the plants.

The first two customers purchase the plants for use in their products which they ultimately sell to the end consumer.

The natural supplement market is very interesting. Surveys indicate that over 158 millions Americans, or 55% of the U.S. population, use dietary vitamins and minerals. An estimated 115.3million consumers purchase vitamins and mineral supplements for themselves. 55.8 million buy them for children and their families. A lot of Americans are now using herbs. This is an astonishing statistic when we consider that today’s herbal products market is barely 25 years old.

Competiton

Farms similar in size, production capacity and production capacity to Botanical Bounty or megafarms are examples of competition. From 5 to 30 acres, the farms of similar size range in their size. There are several herbs you can grow, from one to 50. The choice in plants that are grown depends on the preference of the owner as well the ability of the local climate to support them.

Why Us

It is Botanical Bounty’s mission to become the leading provider of botanical perennials to the health/vitamin industry. By providing quality plants at fair rates and exceeding customers’ expectations, Botanical Bounty will accomplish this.

Expectations

Forecast

To finance our full-time production and growth, we will need to purchase $35,000 of equipment. The total amount would be $53,800. We are seeking a $100,000 10-year mortgage to help us achieve this goal. According to sales forecasts, $190,000.00 in revenue will be generated by year 2. This number could rise to more than 400,000 by year 4.

Financial Highlights Year-by-Year

Finance is required

We need to have a $100,000 10 year loan. We will use the $35,000 in cash we have from our current operations.