Download Wheat Farming Business Plan
Looking for a comprehensive wheat farming business plan in Nigeria for your personal use or to seek grants, and loans from investors, CBN, NIRSAL, and other institutions?
In this article, you will learn how to invest in a wheat farming business. You will also learn about the process of setting up a wheat flour mill and selecting a location for your farm. In addition, you will learn how to calculate the necessary capital and operating expenses. These are vital components of any business plan.
Investing in a wheat farming business
Wheat farming is one of the most lucrative business ventures available. This grain is consumed worldwide, and it has many applications. However, before starting your farm, you should have a detailed plan. This document should address every aspect of the business, including organizational structure, funding, staff requirements, and operational license. In addition, you will need to secure farm land and acquire seedlings.
You will need to invest a significant amount of capital, which is difficult to raise in the beginning. However, you will likely have the support of your family if you start a family farm. If you don’t have any family members or friends, you can consider a partnership with a local farmer.
Wheat is a temperate crop, which means that it grows best in the winter, under irrigation. The optimum temperature for the crop is between 15 and 20 degrees Celsius, and the nights should be cool. However, there are wheat varieties that can be grown in the summer, but these yields are significantly lower than those produced during the colder months.
The optimum plant population for wheat is 220-250 plants per m2. Planting rates vary depending on seed size and germination percentage. Generally, farmers should use 110 to 125 kilograms of seed per hectare when broadcasting or drilling. This will help them to achieve good standability and minimize Powdery mildew.
As food prices continue to rise, there is a strong market for wheat. Grain prices are still undervalued in comparison to their energy counterparts and represent a large opportunity for investors. This crop is classified by the USDA as a strategic grain. Inflation and the need to feed a growing population will likely drive prices up.
Wheat prices are currently experiencing their biggest weekly surge since 2008, and buyers are balking at prices that were previously unattainable. At the same time, farmers have already experienced the worst farm cost inflation in years. Because of this, some growers have even had their bids pulled from grain elevators.
The average price of wheat varies greatly by year, variety, and quality. Soft white wheat, hard spring wheat, and durum wheat tend to command premium prices. Other factors such as test weight, protein content, and deoxynivalenol are also used to determine premiums and discounts. In addition, the demand for wheat has increased globally as a result of population growth in many developing countries. However, per capita consumption of wheat has decreased over the past century.
The Wheat Farming business plan will have these chapters:
- Executive summary
- Business Description
- Objective and Goals
- Mission and Vision Statement
- Material and Equipment
- Competitor analysis
- Market Strategy
- Market trends
- Our target market
- Our competitive advantage
- Sales and marketing strategy
- Sales forecast
- Payment options
- Financial analysis
- Sources of startup capital
Setting up a wheat flour mill business
Setting up a wheat flour mill business in your wheat farming business plan requires a number of steps that can be taken to ensure your success. First, you will need to secure funding. The amount of funding required for your flour mill depends on how big you want to make it, what type of machines you need, and how much raw material you plan to buy. Next, you will need to secure a business license and register with the local government. This will allow you to comply with any local laws and regulations.
Despite its simple nature, setting up a wheat flour mill business requires a large number of business licenses and permits. These include company registration, GST registration, trade license, and trademark registration. In addition, you will also need a BIS certification and a State Pollution Control Board certificate. Then, you need to make sure that you have a good road network, so you can access raw materials easily and deliver your finished product.
When setting up a flour mill, you’ll want to make sure that you have ample space. Make sure you have enough space for your milling equipment, raw materials, and finished products, as well as enough space for an office layout. Lastly, you’ll want to consider your location, as it will have a significant impact on your business. If you plan to set up a large flour mill, you should consider setting up your business in a non-residential area so that there will be less competition. You can also consider the size of the market for the products you’ll be selling.
You’ll also need to investigate the methods of production. You’ll want to know which machines you need and which raw materials are available at the most affordable prices. Next, you’ll want to choose a location where consumers can easily get their hands on your product. This may mean choosing a location that is close to a bakery or supermarket.
Whether you decide to start a small mill or a large one, wheat flour milling is a viable business. The capital required for this venture is not as high as for other types of businesses. And the demand for flour is very high. With all the benefits of flour, setting up a small mill could be a lucrative and worthwhile venture for you.
Selecting a location for a wheat farm
If you are planning to start a wheat farm, then selecting a location is a very important step to take. You will need to select a location that offers the best opportunities for farming wheat. This can be a difficult task if you do not have enough money to set up your farm. You will need to consider several factors before you make your final decision. For instance, you will need to choose a location that is close to your home.
Once you have decided on the location, you will need to choose the type of crops and products that you will be growing. You will want to determine if the soil, water and other resources are right for farming. You should also consider the type of buildings needed to accommodate the operation.
You should also consider the future inputs that your farm will require, such as fertilizers and pesticides. You will also want to consider hiring custom operators to work on your farm. You should also decide if you are going to purchase new machinery or invest in new production methods. Finally, you should plan how you will deal with nutrient management and other environmental issues.
You may also want to consider the climate in the area where you will be growing your wheat. It is best to choose a location where temperatures are 21 degrees Celsius or higher. This is because the wheat plant is very versatile and can thrive in a wide range of agro-climatic conditions. It can survive in tropical and sub-tropical areas and in temperate areas. It is also suitable for colder regions and high elevations.
The location you choose is important because it will determine how much sunlight your crops will receive. Depending on the aspect of the fields and proximity to trees, some areas will receive more sunlight than others. You can improve the amount of sunlight by clearing away some trees. However, areas with less sunlight are more likely to be colder and wetter, which will limit your growing season and decrease your production capacity.
Financial Analysis for Wheat Farming
One of the most important aspects of a wheat farming business plan is its financial section. It should contain an accounting of all current income and operating expenses. It should also include a forecast of future capital requirements and operating expenses. Ideally, the financial plan should fit in with the farm’s mission statement.
The balance sheet should include the farm’s total assets and indebtedness, available cash, and liquid assets. This information can help determine the business’s current ratio, its capacity to attract equity capital, and its willingness to take risk. A separate income statement should show how much profit the farm is making. This report is usually prepared annually, based on the accrual method of accounting. For farmers who plan to operate the farm in conjunction with a spouse or partner, it’s important to develop several balance sheets.
The last column of an enterprise analysis includes information about the cash flow of the enterprise. It’s important to note that cash flow is different from revenue and cost. For example, a farmer may harvest straw for bedding, but that particular activity doesn’t produce cash. A farmer’s cash flow is income less than the cost of the straw. Another important consideration in a financial analysis is the cost of capital. If you have to borrow money to finance your farm, the cost of capital is the rate of interest you pay lenders. A higher interest rate will make it more difficult to attract additional capital.
In the last half-decade, the wheat, barley, and sorghum farming industry has been prone to high volatility due to unpredictable weather patterns, a ban on exports from Russia, and the fluctuation of the world wheat price. However, the industry is projected to grow in profitability over the next few years. Nevertheless, there is a risk that changes in government policies will impede profits.
The financial aspect of a wheat farming business plan is important because most farm decisions have financial consequences. As a result, it’s crucial to analyze alternatives consistently. While some alternatives can be evaluated quickly, others will require a longer time to analyze. In such cases, an enterprise budget helps analyze relevant tradeoffs and determine whether an enterprise is financially viable.
How To Download Wheat Farming Feasibility Study Template PDF and Doc
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Wheat Farming Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business Plans » Agriculture Sector
Are you about starting a wheat farm? If YES, here’s a complete sample wheat farming business plan template & feasibility report you can use for FREE to raise money .
Okay, so we have considered all the requirements for starting a wheat farming business. We also took it further by analyzing and drafting a sample wheat farming marketing plan template backed up by actionable guerrilla marketing ideas for wheat farms. So let’s proceed to the business planning section.
As an aspiring entrepreneur who is interested in starting a business in the agricultural sector of the economy, you can be rest assured that there are loads of business opportunities open for you and commercial wheat farming is one of them.
Wheat is usually milled into flour which is then used to make a wide variety of foods such as bread, crumpets, muffins, noodles, pasta, biscuits, cakes, pastries, cereal bars, sweet and savory snack foods, crackers, crisp-breads, sauces and confectionery et al.
Wheat farming is known to be a profitable business and over the years, it has evolved from small scale to a global industry in most countries where it is carried out. If you are considering starting a commercial wheat farming business, the good news is that you can’t get it wrong. This is because wheat is consumed in different forms all over the globe.
No doubt, starting a wheat farming business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture. An aspiring entrepreneur can either choose to start a wheat farm on a small scale or on a large scale depending on their financial status.
Below is a sample wheat farming business plan template that can help you to successfully write your own with little or no difficulty.
A Sample Wheat Farming Business Plan Template
1. industry overview.
Farmers in the wheat, barley and sorghum farming industry primarily grow one or more varieties of wheat or a combination of sorghum, barley, oats, rye and other grains, where no single crop accounts for more than half of the total value of production of the farm.
If you are a close observer of the commercial farming industry, you will agree that the Wheat, Barley and Sorghum Farming industry experienced high volatility in the last half a decade due to unpredictable weather patterns, a wheat export ban in Russia and the fluctuating world price of wheat.
In the face of this volatility, wheat’s status as a staple of the American diet will keep demand stable. A projected rise in wheat prices points to growing profitability for industry farmers; nevertheless, changes in government subsidies and drastic weather conditions could hinder profit growth for wheat farmers.
The Wheat, Barley and Sorghum Farming Industry is indeed a very large industry and pretty much thriving in all parts of the world especially in countries such as united states of America, Canada, United Kingdom, Germany, Brazil, Australia, Saudi Arabia and South Africa et al.
Statistics has it that in the United States of America alone, there are about 168,946 licensed and registered wheat, barley and sorghum farms responsible for employing about 287,190 employees and the industry rakes in a whooping sum of $11 billion annually with an annual growth rate projected at -8.1percent.
A recent report published by IBISWorld shows that the market share concentration within the Wheat, Barley and Sorghum Farming industry is very low. More than 168,000 farms operate in the industry, but there are no significant power-wielding companies.
The report further stated that the top four participants in this industry account for less than 5.0 percent of the total revenue. The average revenue per farm in 2016 is $67,790.00, well below 1.0 percent of the total industry revenue.
IBISWorld does not anticipate industry farms to grow larger in size over the next five years. However, with large corporations such as Monsanto entering the wheat genetics business, concentration can increase in the next five years. This movement greatly depends on future acceptance of genetically modified grain crops by the public.
One thing is certain when it comes to commercial wheat, barley and sorghum farming, if you are able to conduct your market research and feasibility studies before choosing a location for cultivating your wheat, barley and sorghum, you are more likely not going to struggle to grow the wheat, barley and sorghum farming business and sell your produce because there are always food processing companies and consumers out there who are ready to buy from you.
Lastly, with commercial wheat, barley and sorghum farming, it will pay you not to only cultivate wheat, barley and sorghum and sell them for consumption in farm markets to retailers and consumers. You can as well start a complimentary business like a wheat, barley and sorghum processing plant.
The bottom line is that if you have enough farmland (space) and you are interested in maximizing your commercial wheat, barley and sorghum farm, then you are sure going to make huge profits from the business.
2. Executive Summary
Nick Samson® Wheat Farms, Inc. is a registered commercial farm that will be based in the outskirts of Des Moines, Iowa – United States. We have done our detailed market research and feasibility studies and we were able to secure a well – situated and suitable farm land to start our commercial wheat, barley and sorghum farm.
Our commercial wheat, barley and sorghum farm is a going to be a standard commercial farm, and it will be involved in commercial wheat, barley and sorghum cultivation, processing and packaging. We will be involved in organic and non-organic commercial wheat, barley and sorghum farming.
We have put plans in place that will help us launch a standard and world – class wheat, barley and sorghum processing plant within the first three years of officially running Nick Samson® Wheat Farms, Inc. We will process and package wheat, barley and sorghum and ensure that they flood the market both in the United States and in other countries of the world.
We want to compete with the best in the industry, that is why aside from the fact that we have secured the required farm land and most of the farming equipment and machines, we have also hired some key employees who are currently undergoing training so as to fit into the ideal picture of the 21 st century commercial wheat, barley and sorghum farm workforce that we want to build.
We are in the wheat, barley and sorghum farming business because we want to leverage on the vast opportunities available in the commercial farming industry to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agriculture produce from the United States to other countries and over and above to make profit.
Nick Samson® Wheat Farms, Inc. is well positioned to become one of the leading wheat, barley and sorghum farms in the United States of America, which is why we have been able to source for the best hands and farm machinery to run the farm with.
We have put processes and strategies in place that will help us employ best practices when it comes to wheat, barley and sorghum farming as required by the regulating bodies in the United States of America.
Nick Samson® Wheat Farms, Inc. is a family business that is owned by Mr. Nick Samson and his immediate family members. The farm cum business will be fully and singlehandedly financed by Nick Samson and his immediate family members.
Before starting Nick Samson® Wheat Farms, Inc., Nick Samson has worked with some of the leading commercial farms and food processing plants in the United States of America; he has a degree (B.Sc.) in Agricultural Science from the University of Iowa.
- Our services
Nick Samson® Wheat Farms, Inc. is a world class commercial farm that is committed to cultivating organic and non – organic wheat, barley and sorghum for both the United States’ market and the global market. We are in business to produce both food and raw materials for people and industries in commercial quantities.
We will also ensure that we operate a standard wheat, barley and sorghum processing and packaging plant as part of our complimentary business. These are the areas we will concentrate on in our wheat, barley and sorghum farms. If need arises we will definitely cultivate related crops;
- Growing hard red wheat
- Growing soft red wheat
- Growing white wheat
- Growing Durum wheat
- Growing sorghum
- Growing barley
- Growing oats
- Growing rye
- Operating a standard food processing plant
4. Our Mission and Vision Statement
- Our Vision is to become one of the leading commercial wheat, barley and sorghum farms and wheat, barley and sorghum processing and packing brand not just in the United States of America but also on the global stage.
- Nick Samson® Wheat Farms, Inc. is a world class wheat farm that is in business to cultivate organic, non – organic and processed wheat, barley and sorghum for both the United States and the international market. We want our well – packaged wheat, barley and sorghum to flood every nooks and crannies of the United States and other countries of the world.
Our Business Structure
Nick Samson® Wheat Farms, Inc. is a wheat, barley and sorghum farm that intends starting small in Des Moines – Iowa, but hope to grow big in order to compete favorably with leading commercial wheat, barley and sorghum farms in the commercial farming industry both in the United States and on a global stage.
We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own, this is why we are committed to only hire the best hands in and around Iowa.
At Nick Samson® Wheat Farms, Inc., we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders (the owners, workforce, and customers).
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the management of the farm. In view of the above, Nick Samson® Wheat Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions;
- Chief Operating Officer
General Farm Manager
- Wheat, Barley and Sorghum Cultivation Manager/Supervisor
- Wheat, Barley and Sorghum Processing and Packaging Plant Manager
- Sales and Marketing Executive
- Field Employees
- Front Desk Officer
5. Job Roles and Responsibilities
Chief Operating Officer:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities
- Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
- Responsible for fixing prices and signing business deals
- Responsible for providing direction for the business
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
- Supervises other section managers (wheat, barley and sorghum cultivation manager and wheat, barley and sorghum processing and packaging manager)
- Ensures compliance during project executions
- Provides advice on the management of farming activities across all section
- Responsible for carrying out risk assessment
- Uses IT systems and software to keep track of people and progress of the growth of crops (wheat, barley, sorghum)
- Responsible for overseeing the accounting, costing and sale of farm produce after harvest
- Represents the organization’s interest at various stakeholders’ meetings
- Ensures that farming goals and desired result are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Handles all financial transactions for the company
- Defines job positions for recruitment and managing interviewing process
- Carries out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Oversees the smooth running of the daily farming activities across the various farming sections.
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for financial forecasting and risks analysis
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
- Handles all financial transactions for the farm
- Serves as an internal auditor for the farm
Wheat, Barley, and Sorghum Cultivation Manager/Supervisor
- Responsible for managing the wheat, barley and sorghum cultivation section of the wheat farm
- Supervises other workers within the department
- Works closely with the General Manager to achieve the organizations’ goals and objectives
Wheat, Barley, and Sorghum Processing and Packaging Manager/Supervisor
- Responsible for managing the wheat, barley and sorghum processing and packaging section of the commercial farm
Sales and Marketing Officer
- Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
- Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects
- Writes winning proposal documents, negotiate fees and rates in line with company policy
- Responsible for handling business research, market surveys and feasibility studies for clients
- Responsible for supervising implementation, advocates for the customer’s needs, and communicates with clients
- Develops, executes and evaluates new plans for increasing sales
- Documents all customer contact and information
- Represents the company in strategic meetings
- Helps to increase sales and growth for the farm
Field Workers/Contract Staff
- Responsible for preparing farm lands for wheat, barley and sorghum cultivation
- Responsible for watering the crop
- Weeds or fertilizer and/or pest control application
- Handles farm implements and machines as instructed by the section manager/supervisor
- Assist in handling the harvest of wheat, barley and sorghum
- Carries out task in line with the stated job description
- Assists to transport working tools and equipment from the farm and back to the designated store room
- Handles any other duties as assigned by the line manager
Client Service Executive/Front Desk Officer
- Welcomes guests and clients to the farm by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Manages administrative duties assigned by the manager in an effective and timely manner
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
- Receives parcels/documents for the organization
- Distributes mails in the organization
6. SWOT Analysis
Nick Samson® Wheat Farms, Inc. does not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis.
We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard wheat farm that will favorably compete with leading commercial wheat, barley and sorghum farms in the United States of America and in other parts of the world.
We are quite aware that there are several large, medium and small scale wheat farms all over Des Moines – Iowa and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business.
We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats.
Nick Samson® Wheat Farms, Inc. employed the services of an expert HR and Business Analyst with bias in the commercial farming industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.
Here is a summary from the result of the SWOT analysis that was conducted on behalf of Nick Samson® Wheat Farms, Inc.;
Our strength as a wheat farm is the fact that we have healthy relationships with loads of major players (agriculture merchants who deal in wheat, barley and sorghum) in the commercial farms industry; both suppliers and buyers within and outside of the United States.
We have some of the latest commercial farming machines, tools and wheat, barley and sorghum processing equipment that will help us cultivate wheat, barley and sorghum in commercial quantities with less stress. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in Des Moines – Iowa in our payroll.
Our weakness could be that we are a new wheat farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initially. We are aware of this and from our projection is that we will overcome this weakness with time and turn it to a major advantage for the business.
The opportunities that are available to us cannot be quantified; we know that there are loads of individuals who consume organic and non – organic wheat, barley and sorghum in different forms both in the United States of America and other parts of the world. We will ensure that we maximize the opportunities available to commercial wheat farmers.
Some of the threats and challenges that we are likely going to face when we start our own wheat farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics) – unpredictable weather patterns will continue to dampen demand growth, unfavorable government policies and the arrival of a competitor (a commercial farm that cultivates same crops) within same location.
So also, decreasing per capita wheat consumption will hinder market growth. There is hardly anything you can do as regards these threats and challenges other than to be optimistic that things will continue to work for your good.
7. MARKET ANALYSIS
- Market Trends
One of the common trends in the wheat, barley and sorghum farming industry is that most players in the industry are no longer concentrating only on non – organic wheat, barley and sorghum farming.
They now find it easier to run organic wheat, barley and sorghum cultivation and non – organic wheat, barley and sorghum cultivation. It is a fact that despite that organic food are expensive, the sale of organic food is on the increase and it is indeed profitable.
Despite the fact that wheat farming has been in existence since time immemorial, it does not in any way make the industry to be over saturated; wheat farmers are exploring new technology to continue to improve the cultivation, preservation and processing processes; mechanized farming has indeed increased the tons of food produced by farmers.
The fact that there is always a ready market for wheat, barley and sorghum makes the business highly thriving and profitable.
Lastly, it is a common trend to find standard wheat farmers run a wheat processing plant business alongside their farm. It is a means of maximizing profit in the business. Besides, wheat can be consumed by both human and livestock hence it is ideal to process, package and ship wheat, barley and sorghum to other countries of the world.
8. Our Target Market
It is a known fact that the target market of those who are the end consumers of wheat, barley and sorghum in any form and those who benefit from the business value chain is all encompassing.
Almost every household consumes wheat, barley and sorghum in different forms. In essence a wheat farmer should be able to sell his or her farm produce to as many people as possible including production companies that make use of wheat, barley and sorghum as raw materials.
We will ensure that we position our business to attract consumers of wheat, barley and sorghum not just in the United States of America alone but also in other parts of the world which is why we will be exporting some of our farm produce either in raw or processed form to other countries of the world.
Our competitive advantage
The truth is that it is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.
As a matter of fact, entrepreneurs are encouraged by government to embrace commercial farming. This is because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.
Nick Samson® Wheat Farms, Inc. is fully aware that there are competitions when it comes to selling commercial farm produce including wheat, barley and sorghum all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.
We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable wheat farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
Another competitive advantage that we are bringing to the industry is that we have designed our business in such a way that we will operate an all – round standard commercial wheat farm that will also include wheat, barley and sorghum processing plant. With this, we will be able to take advantage of all the available opportunities within the industry.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry, meaning that they will be more than willing to build the business with us and help deliver our set goals.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Nick Samson® Wheat Farms, Inc. is in the commercial farming business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.
In essence we are not going to rely only on the sale of our farm produce to generate income for the business. Below are the sources we intend exploring to generate income for Nick Samson® Wheat Farms, Inc.;
10. Sales Forecast
We conducted a thorough market survey and feasibility studies and we were able to discover that the sales generated by a commercial farm depends on the size of the farm and the nature of the commercial farm.
We have perfected our sales and marketing strategies and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income/profits from the first year of operation and build the business from survival to sustainability.
We have been able to critically examine the agriculture industry cum wheat farm line of business , we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
- First Fiscal Year-: $200,000
- Second Fiscal Year-: $400,000
- Third Fiscal Year-: $750,000
N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
We are quite aware that the reason why some wheat farms hardly make good profits is their inability to sell off their wheat, barley and sorghum as at when due. In view of that, we decided to set up a standard wheat, barley and sorghum processing plant to help us maximize profits.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. We want to build a standard and world – class wheat farm that will leverage on word of mouth advertisement from our satisfied clients (both individuals and businesses).
Over and above, we have perfected our sale and marketing strategies first by networking with agriculture merchants and companies that rely on wheat, barley and sorghum as their major raw materials. In summary, Nick Samson® Wheat Farms, Inc. will adopt the following strategies in marketing our wheat farm produce;
- Introduce our business by sending introductory letters alongside our brochure to stakeholders in the agricultural industry and production companies that rely on the supply of wheat, barley and sorghum as raw materials.
- Advertise our business in agriculture and food related magazines and websites
- List our wheat farms on yellow pages ads
- Attend related agriculture and food expos, seminars, and business fairs
- Leverage on the internet to promote our business
- Engage in direct marketing
- Encourage the use of Word of mouth marketing (referrals)
11. Publicity and Advertising Strategy
Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means to advertise and promote the business. We intend growing our business which is why we have perfected plans to build our brand via every available means. Below are the platforms we will leverage on to boost our wheat farm, and promote and advertise our business;
- Place adverts on both print (newspapers and magazines) and electronic media platforms
- Sponsor relevant community based events/programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business
- Install our billboards in strategic locations all around Des Moines – Iowa
- Engage in roadshows from time to time in targeted neighborhoods
- Distribute our fliers and handbills in target areas
- Contact production companies that rely on the supply of wheat, barley and sorghum as raw materials, and agricultural produce merchants in our target areas by calling them up and informing them of Nick Samson® Wheat Farms, Inc. and the farm produce we sell
- List our wheat farms in local directories/yellow pages
- Advertise our wheat farms in our official website and employ strategies that will help us pull traffic to the site.
- Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.
12. Our Pricing Strategy
Some of the factors that will help you sell your wheat, barley and sorghum at the right price that will guarantee that you make profits is dependent on your strategy while some of the factors are beyond your control.
For example, if the climatic condition is unfavorable and if there are natural disasters in the location where you have your wheat farm, then it will directly affect the harvest of wheat and also the prices of your farm produce.
Over and above, if you want to get the right pricing for your farm produce, then you should ensure that you choose a good location for your commercial farm, choose a good breed/seeds that will guarantee bountiful harvest, cut the cost of running your farm to the barest minimum.
And of course try as much as possible to attract buyers to your farm as against taking your farm produce to the market to source for buyers; with this, you would have successfully eliminated the cost of transporting your harvest to the market and other logistics.
We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for our wheat, barley and sorghum is to sell them at competitive prices hence we will do all we can to ensure that the prices of our wheat, barley and sorghum are going to be what other wheat farmers would look towards beating.
One thing is certain, the nature of commercial farming makes it possible for farmers to place prices for their farm produces based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into loss. The easier you sell off your harvested wheat, barley and sorghum, the better for your business.
The payment policy adopted by Nick Samson® Wheat Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Nick Samson® Wheat Farms, Inc. will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via online bank transfer
- Payment via check
- Payment via Point of Sale Machines (POS Machines)
- Payment via mobile money transfer
- Payment via bank draft
In view of the above, we have chosen banking platforms that will enable our clients make payment for farm produce purchases without any stress on their part. Our bank account numbers will be made available on our website and promotional material too.
13. Startup Expenditure (Budget)
In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to start a world – class commercial farm, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your farm is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a wheat farm; it might differ in other countries due to the value of their money. Below are some of the basic areas we will spend our start – up capital in setting up our wheat farm;
- The total fee for incorporating the business in United States of America – $750
- The total cost of payment for insurance policy covers (general liability, workers’ compensation and property casualty) at a total premium – $9,400
- The amount needed to acquire/lease a farm land – $50,000
- The amount required for preparing the farm land – $70,000
- The cost for acquiring the required working tools and equipment/machines/fencing et al – $10,000
- The amount required to purchase the first set of wheat, barley and sorghum seedlings et al – $50,000
- The amount required to set up a standard wheat, barley and sorghum processing plant within the farm facility – $100,000
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
- The cost of launching an official website – $600
- The amount required for payment of workers for a period of 3 months – $100,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000
Going by the report from the detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard wheat farm with a wheat, barley and sorghum processing plant business in the United States of America. These are some of the equipment that we would need to fully launch our wheat farm,
- Soil cultivator
- Harrow (e.g. Spike harrow, Drag harrow, Disk harrow)
- Stone/Rock/Debris removal implement (e.g. Destoner, Rock windrower/rock rake, Stone picker/picker)
- Broadcast seeder (alternatively: broadcast spreader, fertilizer spreader, or Air seeder)
- Plastic mulch layer
- Sprinkler system irrigation
- Wheel Barrow
Basically, wheat farms do not require an office space, most people that run commercial farms operate directly from their farms. But we have decided to open a small liaison office; a place where administrative jobs will be carried out on behalf of the business.
Generating Funds/Startup Capital for Nick Samson® Wheat Farms, Inc.
No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a wheat farming business.
No doubt, raising startup capital for a business might not come cheap, but it is a task that an entrepreneur must go through.
Nick Samson® Wheat Farms, Inc. is a family business that will be owned and managed by Nick Samson and his immediate family members.
They are the sole financiers of the firm, but may likely welcome other partners later which is why they decided to restrict the sourcing of startup capital for the business to just three major sources. These are the areas where we intend sourcing for fund for Nick Samson® Wheat Farms, Inc.;
- Generate part of the start – up capital from personal savings and sale of stocks
- Generate part of the start – up capital from friends and other extended family members
- Generate a larger chunk of the startup capital from the bank (loan facility).
N.B: We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business closes shop.
One of our major goals of starting Nick Samson® Wheat Farms, Inc. is to build a business that will survive off its own cash flow without the need of injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (organic and non – organic wheat, barley and sorghum and even processed and packaged wheat, barley and sorghum) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
Nick Samson® Wheat Farms, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organization’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the management of the organization. We know that if this is put in place, we will be able to successfully hire and retain the best hands we can get in the industry, and they will be more committed to help us build the business of our dreams.
- Business Name Availability Check: Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts in various banks in the United States: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of All forms of Insurance for the Business: Completed
- Leasing of farm land in Des Moines – Iowa and preparing the farm land: Completed
- Conducting Feasibility Studies: Completed
- Start – up Capital Generation: Completed
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging ,Marketing/Promotional Materials: Completed
- Recruitment of employees: In Progress
- Building/construction of cages and fence et al: In Progress
- Purchase of the needed working tools, machines and equipment: Completed
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Farm land Treatment, Health and Safety Arrangement: In Progress
- Establishing business relationships with vendors and key players in the industry (agriculture farm produce merchants, fertilizer suppliers and transporter/haulage companies et al): Completed
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BUSINESS PLAN FOR IRISH POTATOES AND WHEAT PRODUCTION FOOTPRINT LIMITED
by Emmanuel Sanga
Footprint Limited is a company limited by shares, it was established and registered in 2004 June 10th under the Companies Ordinance (Cap 212) and given certificate of incorporation No. 49143. It has Tax Payer Identification Number (TIN) 105-110-227 and the business licence number 01743253. The company is owned by Terence Hillary and Joachim Kimaryo with half shares each. The capital of the company was TZS 1,000,000/- during the time of establishment, divided into 1,000 (one thousand) shares of TZS 1,000/- each. In the year 2014 the company had a one year and half contract of working on behalf of ministry of health and social welfare on provision of consultancy services for implementation of a social marketing campaign for rural food fortification pilot project. The project was in response to presidential call to improve nutritional status of Tanzanians whereby a pilot project was designed trying to curb the lack of vitamins and minerals among communities, which resulted into people’s growth stagnation, diseases and ultimately death. The project was implemented in six districts in three regions (1 district in Njombe, 2 in Iringa and 3 in Arusha). After the consultancy services for development and implementation of social Marketing Campaign for rural Food Fortification Pilot Project phase out, In early January of 2016 the company engaged in Irish potatoes Production Project with total investment costs of TZS 171,211,199/-.in this project the company managed successfully cultivation of 20 acres of Irish potatoes crop in Iwambi and extra 100 acres of Irish potatoes in Tukuyu, construction of storage facilities and irrigation infrastructure along Iwambi area in Mbeya Municipality. Currently, Footprint Limited seeks to expand its farming operations on their recently 200 acres farm acquired at Ifunda village, Mafinga district in Iringa region. Therefore Footprint Limited seeks to invest in best irrigation farming practices based on Drip Irrigation scheme, Purchase of Bunker Harvester SE 75-20, Rotary Hiller GF 200, Ridging Hiller GH and Potato planter GL 32 E. To enable this project to run smoothly the company require the total investment costs TZS 673,689,388/- where by TZS 232,789,788/- will be company’s equity contribution and the rest TZS 440,899,600/- will be financed by loan with interest rate of 14% repayable for two years with six months grace period 8 | P a g e Footprint Limited based on its past performance and investment in best farming practices through its human resources and technology is confident of attaining a net profit return of TZS 173,824,869/- in the first year .The net present value of the project (NPV) is 197,533,565 and internal rate of return is (IRR) is 42% at the rate of 22%.Hence Financing this project is sought to make this viable and lucrative venture a reality.
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Free Related PDFs
2015, Asian Journal of Agricultural Extension, Economics & Sociology
This study examines economic of Irish potato production in jos south local government area of Plateau state. A purposive sampling technique was employed in selecting four districts in the study area. Data were collected from 80 respondents randomly selected from Du, Bukuru, Vwang and Kuru districts. It was collected using structured questionnaire and analyzed using descriptive statistics, farm budgeting and multiple regression analysis. The result revealed that 32.5% of the respondents were between 32 – 36 years of age with a mean of 36.6 years. In addition, the results indicated that 65% of the respondent were male and 71.3% were married with the mean family sie of 7.8 persons. The average year of experience in Irish potato production was 14.8 years. The result also revealed that 80% of the respondent sourced their capital from personal savings. The average farm size was 1.63 hectares. The total costs and returns were N 54,145.94 and N 131,513.75 per hectare respectively. The net farm income and return per naira invested were N77,367.81 and N1.43 per hectare respectively. The operating, fixed and gross ratio were 0.40, 0.01 and 0.41 respectively. The result of the regression analysis on socio-economic factors influencing gross income the cobb douglas production function was chosen as the lead equation with R2 0.819 and F- value of 29.9 which was significant at P < 0.001. The cost of labour had positive coefficient was significant at P < 0.01, cost of fertilizer (P <0.01). Regression analysis on production factors influencing Irish potato production output using linear functional form indicated that R2 was 0.722 and F- value of 31.56 which was significant at (P<0.001). fertilizer was significant at P < 0.001, farm size was significant (P < 0.001). However poor storage facilities, instability in market price and inadequate input among others were the major problem associated with Irish potato production in the study area. The study recommended that formation of cooperatives society or farmers groups to handle marketing problems.
2012, Journal of Development and …
Oluwole Fatunbi , Lawrence Mose
The importance of sweet potato as a staple crop in Africa has been highlighted at the African Union level. The crop is ranked among the high-priority crops for food security and poverty alleviation for the urban and rural poor. Currently, Kenya has an estimated area of 90,000 ha under sweet potato; the corresponding estimated production was 1.2 million tonnes compared to 880,000 tonnes in 2008 (FAOSTAT, 2015).This book is expected to help understand the concepts and techniques of sweet potato production, utilization, and marketing as well as the existing innovations and opportunities for further innovations. The book is aimed at assisting all stakeholders, including the poor, to access information on nutrition and to boost local economies. Innovations and challenges at various levels along the value chain are discussed as well as suggestions on ways of overcoming or reducing their effects. I encourage everyone involved in sweet potato activities at any level of the value chain to read this book, which contains much useful information.
2001, Journal of Modern African Studies, Vol. 39, 1, pp. 81-100
Analysing the dynamics of agrarian change and economic diversification is central for understanding the current transformation of African countries under market reforms. This article examines the complex changes taking place in the densely populated Uluguru Mountains of Tanzania, and places the Uluguru case in the context of wider debates dealing with market liberalisation, economic diversification, poverty, and inequality. It argues that rural households are not `trapped in decline' on the Uluguru Mountains, as depicted in previous literature. Under the harsh realities of farming in this area, households can improve their livelihoods in three ways ± short of migrating and in addition to relying on remittances. These are to expand land cultivated in the surrounding plains, to experiment with alternative farming systems, and to increase non-farm income. Uluguru households are doing all of the above, with a certain degree of success. Economic diversification can thus play an important role in improving rural livelihoods in Tanzania and beyond, but this process is more likely to take place in locations with well established economic ties and relatively good access to major markets.
2013, Potato Research
Daniel H Ngoma , Ramadhani Kupaza
Small hydropower resources can play a very important role in providing electricity and power to the remote and rural areas of Tanzania where there is no feasible future for the grid extension. These types of small schemes can generate electricity up to a range of 1 MW. Tanzania has substantial number of small hydropower potential sites for electricity generation and to date it is estimated to be around 315 MW, however, only about 25MW (8%) of this potential have been developed so far, which means several number of potential sites, have not been studied and documented or have not been developed. This research presents the results of the feasibility study of six (6) untapped and un-studied small hydropower potential sites in Tanzania. The methodology used in this research was based on site visits, data measurements and collection (hydrological and Energy demand), information gathering, interviews and consultation, data analysis, designs and cost estimation. The results showed that all the six (6) small hydropower sites studied are feasible and can potentially been developed to produce and supply cost effective electricity to the local off-grid areas as small hydropower plants.
Fajrin Muhammad Nizarrullah
Anna Temu , Ewan Robinson , Betty Waized
2015, IDS Evidence Report
This case study examines the outcomes of interventions in Tanzania that have promoted the production and consumption of orange-fleshed sweet potato (OFSP) – a biofortified crop – with the objective of reducing vitamin A deficiencies. The report contributes to policy efforts to promote nutrition-sensitive agriculture by providing lessons for the introduction of biofortified crops in Tanzania and elsewhere. The case study is particularly instructive because OFSP has been a flagship of biofortification efforts, and because Tanzania appeared to have high potential for uptake of the crop. The country is a major producer of sweet potato, although the vast majority of production is of the nutrient-poor white-fleshed varieties (WFSP). Sweet potato is an important food security crop for small farming households, particularly in Tanzania’s Lake Zone. The crop has the advantage of requiring little land and few inputs, and can be stored on-farm for several months. The crop also has commercial value, and white-fleshed varieties are available in urban markets throughout the year.
Dr. Mwakajumilo Laurent Isaac Stephen
Financial development is playing an important role in Tanzania’s economic progress. Financial failures, particularly insufficient institutions and high transactions costs limit poor people’s access to formal finance and prevent low income of people from borrowing, and saving. In this essay the importance of mobilizing savings through providing low-income to people from financial services in Tanzania is emphasized. Last decade of microfinance practice, particularly in Tanzania, has neglected rural finance. Support to the sector has concentrated on turning credit progammes into suitable microfinance institutions (MFIs). This emphasis has produced a small number of MFIs that have either achieved financial sustainability or are close to achieving this. In Tanzania this includes organizations such as SELF, PRIDE, MEDA. SACCOs, Savings and Credit Cooperative Societies as an alternative to formal banks are discussed as a way to increase savings. Furthermore, SACCOs –Members preferences are studied. Developing and improving occupational SACCOs, saving and credit cooperatives, can be effective alternative to formal banks. The safety-issue is the basic problem, where education plays an important role to improve security. With improvements SACCOs could in the long run function as a way to connect informal savings with the formal financial sector. Finally, it is imperative for the formulation of an appropriate MFIs policy which should reflect the views and aspirations of MFIs and also aim at improving business culture, promote trust, transparency, accountability and good governance, considered as hallmarks for building a strong MFIs sector.
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WHEAT FARMING BUSINESS PLAN IN NIGERIA
- Dayo Adetiloye Business Hub
Wheat Farming Business Plan in Nigeria
This sample Wheat Farming Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Wheat Farming Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of PATILAD Wheat Farming Business Plan in Nigeria
Business: Wheat Farming
PATILAD Wheat Farm is a budding wheat farm with a drive to play a strategic role in reducing the volume of metric tonnes of wheat imported into Nigeria annually. We are based in Nasarrawa Nigeria, with a 10 hectare land dedicated to wheat farming. As man cannot do without flour in a day, it’s needless to say how important wheat is to our diet. The exchange rate having increased has caused a lot of disruption in our economy which greatly increased the price of every food that has wheat/wheat flour as part of the ingredient. The tropic climate that is predominantly hot at the north of the equator results in the unviability of the wheat seed, but things have changed for good, with scientific breakthroughs that guarantees us of pure breed wheat farming in Nigeria. As Nigeria’s agriculture minister reports recently that Nigeria has finally broken the wheat jinx, as we now have improved wheat seeds that can withstand high temperatures and thrive in Sub-Sahara African soil.
Wheat import is about 4 million MT per annum and estimated to grow at an alarming rate of 5% per annum. At this rate, the country will be importing 10 million MT of wheat annually by 2030, spending US$15 billion on wheat imports alone. Such over-dependence on imported wheat will pose significant risks to Nigeria’s future growth. Nigeria must grow a lot more of its own wheat and reduce the national, economic and political risks from depending on other nations for our food supply. Today, we are reviving hope for Nigeria to produce its own wheat and free itself from decades of dependence on imported wheat.
The minister explained that a silent revolution is now happening on wheat farms all across Northern Nigeria. The target of the wheat transformation is to increase national production from 300,000 metric tons to about 1.5 million metric tons per annum by 2017. The wheat transformation agenda will generate one million jobs in the rural areas of Nigeria over the next four years of the program and generate over N42 Billion in incomes annually for farmers and millers. This news triggered PATILAD Wheat farm, which has harvested its first yield of five metric tonne and seeking some investment to raise a Silo and processing machine at a cost of N30,000,000 needed for preservation of grains and also processing for the next harvest, which we estimated to be almost twice our first harvest.
Products & Services
Hard brown wheat farming and processing: the wheat grains will be harvested, dried, processed and packaged.
We would also have Silos to store other harvested grains for other farmers.
We also process and package for other farmers.
We also planned to go into sorghum farming in a year’s time.
The benefits of our products and services are
- The cultivation of fresh, nutritional produce, void of harmful chemical like pesticides and preservatives
- All year round availability of our customers’ choicest pure grain whole wheat.
- Fresh, highly hygienic and well-packaged pure wheat grains
- The provision of high quality wheat grains and processed wheat into wheat-flour
- Excellent customer care services
- Fair and competitive prices
Beyond just a science or profession, agriculture is an enterprise I had invested the most of my time as an individual. As a way of practice, I have also devoted the most of my time and resources to managing and expanding my family’s little farmstead into a commercial outfit. These experiences have fortified my knowledge and resilience for this chosen profession and I am sure the lessons of yesteryears will prove of immense value. My first degree in Agriculture from the Obafemi Awolowo University, Ile-Ife, will also be of great benefit to the growth of this new enterprise. Moreover, there is an insatiable online community seeking for reliable, new and updated information every day.
Objective for Patilad Wheat Farming Business Plan in Nigeria
- To cultivate, that is demanded and can be cultivated in our climate.
- To establish thriving sales relationship with bulk purchaser who market our products.
- To achieve net profit in year one, increasing in year two, by containing costs and meeting sales goals.
- To provide quality sales service and products at fair and best possible prices.
Our Goal & Vision for the Patilad Wheat Farming Business Plan in Nigeria
Our Vision is to become one of the leading commercial wheat, and sorghum farms, processing and packing brand not only in Nigeria but Africa as a whole.
Mission for the Patilad Wheat Farming Business Plan in Nigeria
To be a world class farm that is in business to cultivate organic, non – organic and processed wheat, for both the Nigeria and the international market. We want our well – cultivated, processed and packaged wheat, and sorghum to flood every nooks and crannies of Nigeria and other countries of the world.
Management Team of the Patilad Wheat Farming Business Plan in Nigeria
OYEBADE Adejumobi Ademola (B. Agric., MBA) – is highly knowledgeable in the all kind of crop production. He has over 7 years’ experience in providing these products. Moreover he is a graduate of Agriculture from the prestigious Obafemi Awolowo University, Ile-Ife. He is a Project Management Professional and certified Business Consultant. He will be in-charge of day to day activities of the business.
Mr Dayo Adetiloye (B. Agric., MBA, and PMP) – He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan Atlantic University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in Wheat Farming business.
- Capacity to consistently provide high quality nutritional, and highly hygienically cultivated and processed wheat grains.
- All year round availability of our customers’ choicest information products and professional advice.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Patilad Wheat Farming Business Plan in Nigeria
With over 7 years’ experience in Agribusiness and numerous exposure to both the scientific and practical aspect of organic farm and its uses, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our clients.
My managerial skills has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Patilad Wheat Farming Business Plan in Nigeria
Hectares of land, silos for preservation, pruning equipment, seed trays, hoes, combined harvester, temperature meter, packaging nylons, vacuum sealing machine, hand gloves, filters, water treatment devices, tractor for carrying stuffs, drying machine for preservation, Backwash facilities, Outdoor growing areas, manure composting facility, Business office building which includes sales area, reception, office equipment etc.
Competitor Analysis for Patilad Wheat Farming Business Plan In Nigeria
People buy from us because of the following reasons:
- High quality, nutritional, and farm certified products
- All year round availability of our customers’ choicest whole wheat farm in a large capacity volume
- Fresh and highly hygienic and well-packaged wheat
- Fair and best possible prices and discount offers
Our three major competitive advantages are:
- Provision of high quality, nutritional, and farm certified products
- All year round availability of our produce
To buy the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015, 08076359735, and 08113205312. You can send a WhatsApp message or email us at [email protected] or [email protected] .
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