Download - Business Plan Website
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Business Plan Website
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Developing a Business Plan?Developing a Business Plan?
• Why
• How
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Why Develop a Business Plan?Why Develop a Business Plan?
• Increased documentation being required by lenders
• Help producers take charge – provide more than they expect
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Position Yourself to SucceedPosition Yourself to Succeed
• Walk in with a business plan
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Why Develop a Business Plan?Why Develop a Business Plan?
•Effectively communicate your business
–Externally to lenders, investors, partners
–Internally to family members & employees
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Why Develop a Business Plan?Why Develop a Business Plan?
•Document financial viability of the business
•Show that you have taken the time to think through the details required to make the business succeed
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Major Functions of ManagementMajor Functions of Management
• Production management
• Marketing management
• Personnel management
• Financial management
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Sections of a Business PlanSections of a Business Plan
• Business description
• Production management
• Marketing management
• Personnel management
• Financial management
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Purpose for a Business PlanPurpose for a Business Plan
•Demonstrates that you have taken the time to think through the details required to make the business succeed
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Business PlanningBusiness Planning
• A business plan is particularly important for:
– New or expanding businesses– Creative, nontraditional alternative enterprises
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Business PlanningBusiness Planning
• Lessons learned about business planning:– Can be very time consuming – Or expensive– Should be done by farm managers
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Business PlanningBusiness Planning
• So how can we help you find an easier way to create a business plan?
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Business Plan Website
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AgPlanAgPlan
• Web-based business plan
• Innovative features solve some of the business plan development challenges
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AgPlanAgPlan
• Designed for multiple rural business types
• Traditional commodity agriculture• Value-added agriculture• Rural small business• Commercial fishing
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Select type of businessSelect type of business
• Each type of business has:• An outline of topics • Tips or questions • Sample business plans
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AgPlanAgPlan
• Will facilitate interaction between producer and educators or advisors
• Producers will be able to give access to reviewers (educators/consultants) • Edit and comment• Comment only