Business Plan for Farming and Harvesting

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									This Business Plan for a Farming and Harvesting business allows entrepreneurs or
business owners to create a comprehensive and professional business plan. This
template form allows a business to outline the company's objectives and detail both
current company information as well as any past performance. Companies should
include a complete market analysis in their plan to help showcase why their business
strategy will be effective in the market. Future company plans, including production
targets, management strategy, and financial forecasting, should be used to demonstrate
and confirm that the company's short-term and long-term objective can and will be met.
This model plan can be customized to best fit the unique needs of any entrepreneur or
owner that is seeking to create a strong business plan.
                                                  [[COMPANY NAME]   20__




                                [Company Name]
                                            [Name]
                                          [Address]
                                   Email: [Email Address]
                                    Phone: XXX-XXX-XXXX
                                     Fax: XXX-XXX-XXXX
                                  Website: [Website Address]




© Copyright 2012 Docstoc Inc.                                  1
                                                          [[COMPANY NAME]                       20__




                                       Confidentiality Agreement

The undersigned reader acknowledges that the information provided by [Company Name] in this
business plan is confidential; therefore, reader agrees not to disclose it without the express written
permission of [Company Name].

It is acknowledged by reader that information to be furnished in this business plan is in all respects
confidential in nature, other than information which is in the public domain through other means
and that any disclosure or use of same by reader may cause serious harm or damage to
[Company Name].

Upon request, this document is to be immediately returned to [Company Name].




___________________
Signature

___________________
Name (typed or printed)

___________________
Date




                   This is a business plan. It does not imply an offering of securities.




© Copyright 2012 Docstoc Inc.                                                          2
                                                                Table of Contents



1.0   Executive Summary ................................................................................................................ 1
    Chart: Highlights .......................................................................................................................... 2
  1.1 Objectives.................................................................................................................................... 3
  1.2 Mission .......................................................................................................................................... 3
  1.3 Keys to Success ........................................................................................................................ 3
2.0 Company Summary ..................................................................................................................... 3
  2.1 Company Ownership ............................................................................................................... 3
  2.2 Start-up Summary ................................................................................................................... 3
    Table: Start-up.............................................................................................................................. 4
    Chart: Start-up ............................................................................................................................. 4
3.0 Services ............................................................................................................................................ 5
4.0 Market Analysis Summary ........................................................................................................ 5
  4.1 Market Segmentation ............................................................................................................. 5
    Table: Market Analysis ............................................................................................................... 6
    Chart: Market Analysis (Pie) .................................................................................................... 6
  4.2 Target Market Segment Strategy ...................................................................................... 6
  4.3 Service Business Analysis ..................................................................................................... 7
    4.3.1 Competition and Buying Patterns .............................................................................. 7
5.0 Web Plan Summary ..................................................................................................................... 8
  5.1 Website Marketing Strategy ................................................................................................. 8
  5.2 Development Requirements ................................................................................................. 8
6.0 Strategy and Implementation Summary ............................................................................ 8
  6.1 SWOT Analysis .......................................................................................................................... 8
    6.1.1 Strengths ............................................................................................................................. 8
    6.1.2 Weaknesses ........................................................................................................................ 9
    6.1.3 Opportunities ..................................................................................................................... 9
    6.1.4 Threats ................................................................................................................................. 9
  6.2 Competitive Edge ..................................................................................................................... 9
  6.3 Marketing Strategy .................................................................................................................. 9
  6.4 Sales Strategy ......................................................................................................................... 10
    6.4.1 Sales Forecast.................................................................................................................. 10
      Table: Sales Forecast ........................................................................................................... 10
      Chart: Sales Monthly ............................................................................................................ 11
      Chart: Sales by Year ............................................................................................................. 11
  6.5 Milestones.................................................................................................................................. 12
    Table: Milestones ....................................................................................................................... 12
7.0 Management Summary ............................................................................................................ 12
  7.1 Personnel Plan ......................................................................................................................... 12
    Table: Personnel ......................................................................................................................... 13
8.0 Financial Plan ............................................................................................................................... 13
  8.1 Start-up Funding .................................................................................................................... 13
    Table: Start-up Funding .......................................................................................................... 14
  8.2 Important Assumptions ....................................................................................................... 15
  8.3 Break-even Analysis .............................................................................................................. 15

                                                                                                                                                 Page 1
                                                              Table of Contents



    Table: Break-even Analysis.................................................................................................... 15
    Chart: Break-even Analysis ................................................................................................... 15
  8.4 Projected Profit and Loss ..................................................................................................... 16
    Table: Profit and Loss ............................................................................................................... 16
    Chart: Profit Monthly ................................................................................................................ 17
    Chart: Profit Yearly .................................................................................................................... 17
    Chart: Gross Margin Monthly................................................................................................. 18
    Chart: Gross Margin Yearly .................................................................................................... 18
  8.5 Projected Cash Flow .............................................................................................................. 19
    Table: Cash Flow ........................................................................................................................ 19
    Chart: Cash .................................................................................................................................. 20
  8.6 Projected Balance Sheet ...................................................................................................... 21
    Table: Balance Sheet ................................................................................................................ 21
    Table: Ratios ................................................................................................................................ 22
Table: Sales Forecast ......................................................................................................................... 1
Table: Personnel ................................................................................................................................... 1
Table: Profit and Loss ......................................................................................................................... 2
Table: Cash Flow .................................................................................................................................. 3
Table: Balance Sheet .......................................................................................................................... 5




                                                                                                                                            Page 2
                                                     [COMPANY NAME]                         2010



1.0 Executive Summary

   [Company Name] is a newly formed (December 2009) Limited Liability Corporation that is
   wholly owned by [Name].

   [Company Name]
   [Address]
   Email: [Email Address]
   Website: [Website Address]
   Phone: XXX-XXX-XXXX

   [Company Name]is a growing custom harvesting operation located in Lakin, Kansas. Kuhn also
   provides a high quality, efficient, price competitive harvesting service in Texas, Oklahoma,
   Colorado, Wyoming, South Dakota, and North Dakota. The Company's owner [Name], brings
   over 30 years of wheat harvesting experience and has a strong background in the farming
   industry.

   The focus of this business plan is to put forth objectives to substantially increase profitability
   and to provide seasonal jobs to local harvesters. The Company’s current personnel plan
   includes hiring four college students during the summer to assist with the custom harvesting
   operation. These students will earn $10,000 each for the summer position.

   [Company Name]is ready to elevate to the next step. The Company is seeking $600,000 in
   grant funding. The funding will be used to purchase and operate two new harvesters. Since
   each harvester cost $260,000, the Company will use $260,000 in January of 2011 to purchase
   one harvester and use $260,000 in January of 2012 to purchase the second harvester machine.




                                          [Name] XXX-XXX-XXXX | Executive Summary 1
                            [COMPANY NAME]                 2010


Chart: Highlights




                    [Name] XXX-XXX-XXXX | Executive Summary 2
                                                     COMPANY NAME]
                                                     [                                    2010


1.1 Objectives

   [Company Name]has three main objectives:

   1. To purchase new harvesting equipment
   2. To substantially increase profitability
   3. To provide seasonal jobs to local harvesters

1.2 Mission

   [Company Name]'s mission is to provide ideal custom harvesting service throughout the
   southern, mid-west and western farm regions. This service is built on integrity, reliability and
   hard work. We focus on employee retention, providing local jobs to harvesters and maintaining
   our loyal customer base.

1.3 Keys to Success

   The keys to success in our business are:

   1.   Sufficient equipment
   2.   Knowledgeable staff
   3.   Superior customer service
   4.   Outstanding reputation
   5.   Long-lasting relationships with clients

2.0 Company Summary

   [Company Name] is a growing custom harvesting operation located in Lakin, Kansas.
   [Company Name]provides a high quality, efficient, price competitive custom harvesting service
   in Texas, Oklahoma, Kansas, Colorado, Wyoming, South Dakota, and North Dakota. The owner
   [Name] has over 30 years of industry experience. The Company prides itself on having the
   equipment, knowledge, and manpower to accommodate the needs of each individual farmer.


2.1 Company Ownership

   [Company Name]. is a Limited Liability Company. The owner is [Name].

2.2 Start-up Summary

   [Company Name]’s assets total $520,000. These long-term assets are based on the two
   harvesting machines that the Company purchased to operate its wheat harvesting business.

   Overall, [Company Name]is a seasonal operation that has very little operating expenses. Mr.
   Kuhn's other company, Mid States Hay, Inc, is currently absorbing all of [Company Name]’s
   start-up expenses.




                                        [Name] XXX-XXX-XXXX | 2.0 Company Summary 3
                                                 [COMPANY NAME]           2010


Table: Start-up


Start-up

Requirements

Start-up Expenses
Legal                                                          $0
Stationary                                                     $0
Insurance                                                      $0
Rent                                                           $0
Computer                                                       $0
Other                                                          $0
Total Start-up Expenses                                        $0

Start-up Assets
Cash Required                                                   $0
Other Current Assets                                            $0
Long-term Assets                                          $520,000
Total Assets                                              $520,000

Total Requirements                                        $520,000




   Chart: Start-up


                                      Start-up


     $500,000



     $400,000



     $300,000



     $200,000



     $100,000



           $0
                  Expenses   Assets          Investment          Loans




                                 [Name] XXX-XXX-XXXX | 2.0 Company Summary 4
                                                    [COMPANY NAME]                        2010


3.0 Services

   [Company Name]provides custom harvesting services throughout the southern, mid-west and
   western farming region. [Company Name]aids wheat farmers by offering superior grain
   harvester and stripper header services that protects the soil and save moisture. This process is
   beneficial and allows farmers to prepare for future crops.

4.0 Market Analysis Summary

   The overall market for wheat is immense. Wheat is one of the most valuable crops and is the
   primary grain consumed by humans around the globe. In 2008, the U.S. wheat industry proved
   to be a $16.5 billion economic powerhouse. The U.S. wheat industry has a solid reputation as a
   reliable, steady supplier of grain to the world; in fact, the U.S. is the fourth-largest wheat
   producers in the world.

   This industry has experienced strong growth, aided by healthy demand from livestock industries
   and an increase in the use of grains in ethanol production. The primary activities of companies
   in this industry are wheat farming and wheat seed production. Similar Industries include corn
   farming and grain farming.

   [Company Name]’s business plan focuses solely on the wheat harvesting market. [Company
   Name] has all the needed potential to flourish within this market. We can compete effectively
   by providing quality professional service at an affordable rate.

4.1 Market Segmentation

   Our market segmentation scheme is fairly straightforward, and focuses on our target market,
   farmers within the wheat industry. These farmers prefer certain quality of work and it’s our
   duty to deliver on their expectations.

   The information contained in our market analysis table, displays [Company Name]’s main
   markets, which are wheat farms and oilseed farms. Although oilseeds are a bigger market, we
   currently have more customers within the wheat farms market. The customers from this market
   span from the southern regions to the mid-west and western region. Our customers within the
   oilseed market are located in Montana and Kansas. However, we do expect to achieve growth in
   our oilseed market based on its size and value in the oil and fuel industry.

   All of our clients exist due to our professional reputation as well as through the long-standing
   relationships we've developed. Our customers appreciate our work ethics and exceptional
   service. They utilize us to maximize their productivity. These customers have the option to
   do business with other harvesting companies, but they understand that working with [Company
   Name] is beneficial to them because we deliver the dedication and skilled labor that they
   desire.




                                                 [Name] XXX-XXX-XXXX | 3.0 Services 5
                                                   [COMPANY NAME]                         2010


Table: Market Analysis


Market Analysis
                                       2010     2011        2012       2013       2014
Potential Customers      Growth                                                             CAGR
Wheat Farms                  2%     240,000   244,800    249,696    254,690     259,784     2.00%
Oilseed Farms                2%     300,000   306,000    312,120    318,362     324,729     2.00%
Total                     2.00%     540,000   550,800    561,816    573,052     584,513     2.00%




Chart: Market Analysis (Pie)




4.2 Target Market Segment Strategy

   Currently, [Company Name]serves the grain and wheat farming segment. The wheat industry is
   a large volume industry, but it is generally small in respect to good competition. An advantage
   for [Company Name]is that it is a young company that is on top of the latest technological
   changes and can adapt and change very quickly, whereas most businesses in the industry are
   managed by old-fashion harvesters who do not want to adopt new technology or change what
   they have been doing for years. [Company Name]is willing to meet the demands of our
   customers and with the proper funding the growth potential is endless.

   Our target markets are small grain producers in the south and mid-west region. This group
   provides us with enough work to keep our business successful. They utilize us to harvest their
   wheat without ruining their crops and soil. Furthermore, since this segment is relatively well
   connected, establishing a stronger reputation among such clients will strengthen our Company.




                                  [Name] XXX-XXX-XXXX | 4.0 Market Analysis Summary 6
                                                      [COMPANY NAME]                          2010


4.3 Service Business Analysis

   [Company Name] will market our services through:

      business cards
      ink pens with our logo
      harvesters and trucks with our logo
      website
      ads in agricultural magazines

   [Company Name] knows that it’s our duty to offer our customers the best custom harvesting
   services in a timely manner. Our grain harvester machines enable us to effectively do our job
   and satisfy our customer’s needs.

   As simple as it may be, our method of executing exceptional customer service has an important
   effect on the bottom line: People want to give their business to those who appreciate it.
   Therefore, dedication and skillful labor will bring the business we desire.

4.3.1 Competition and Buying Patterns

   [Company Name] exists in a purely competitive market. There are 500-600 custom harvesters
   in the U.S. and very few of them operate in a conventional way; in fact, most harvesters use
   sickle headers while harvesting. Kuhn has an advantage because we operate with stripper
   headers and we were the first company in our area to use this machine. Furthermore, we can
   effortlessly provide this service to the farmers that request it.

   Our Company competes effectively by providing our customers with impeccable services. We
   thrive due to our expertise within this industry, as well as our owner’s professional credentials
   and outstanding reputation. Our goal is to fulfill our client’s strict demands because it aids us in
   generating future business. If our clients are happy, they will recommend us to others who
   need our service.

   [Company Name]has a strong alliance with many local wheat farmers and we rely on our long-
   standing relationships to aid us in generating some of our business. Additionally, our quality
   service and top-notch equipment contributes in gaining new customers.




                                [Name] XXX-XXX-XXXX | 4.0 Market Analysis Summary 7
                                                      [COMPANY NAME]                          2010


5.0 Web Plan Summary

   Our website is an opportunity to offer current information on service offerings,
   company background, employment opportunities and important announcements. The website is
   another method to generate steady business in our service areas.

5.1 Website Marketing Strategy

   Our website will be promoted on all of our marketing materials. We will advertise our site on
   our business cards as well as on our merchandise. Additionally, we will advertise on other
   industry related websites and in several agricultural publications.

5.2 Development Requirements

   [Company Name]will have a website that is attractive, simple and informative. The owner
   [Name] will maintain the website; thus we will need a user friendly site from a dependable
   hosting company.

6.0 Strategy and Implementation Summary

   We have clearly defined the target market and have differentiated ourselves by offering a solid
   solution to fulfilling our customers’ needs. Reasonable sales targets have been established with
   an implementation plan designed to ensure the goals set forth below are achieved.

6.1 SWOT Analysis

   The SWOT analysis aids in displaying the internal strengths and weaknesses that [Company
   Name]must address. It allows us to examine the opportunities presented to [Company
   Name]as well as potential threats. The Company's strength will help it to succeed. These
   strengths are: being located in the heart of wheat country, having an outstanding reputation,
   32 years of industry knowledge, top-notch equipment, excellent and stable staff, customer
   loyalty and good referral relationships. Strengths are valuable, but it is also important to realize
   the weaknesses [Company Name]must address. [Company Name]’s main weakness is its lack
   of grain harvester machines to assist with business demands.

6.1.1 Strengths

      Located in the heart of wheat country, western Kansas
      Outstanding Reputation
      32 years of industry knowledge
      Top-notch equipment
      Excellent and stable staff, offering personalized customer service
      High customer loyalty and good referral relationships




                                       [Name] XXX-XXX-XXXX | 5.0 Web Plan Summary 8
                                                    [COMPANY NAME]                         2010


6.1.2 Weaknesses

      lack of grain harvester machines

6.1.3 Opportunities

      Growing market with a significant percentage of our target market still not knowing we
       exist.

6.1.4 Threats

      Weather. The success of our business depends on specific weather conditions. This is an
       enormous threat to us because we have no control over unfavorable weather situations.

6.2 Competitive Edge

   [Company Name]’s competitive edge relies in our ability to position ourselves as strategic ally
   with our customers. [Company Name]’s reputation of being trustworthy and reliable is
   important. By building a business based on long-standing relationships with satisfied clients, we
   simultaneously build defenses against competition. The longer the relationship stands, the more
   we help our clients understand what we offer them and why they need it.

6.3 Marketing Strategy

   Our marketing strategy involves advertising and promoting to reach all the potential
   clients that we can. Our main strategy involves using our business cards, as well as our trucks
   and harvesters to promote our services. Our goal is to provide our customers with exceptional
   service in a timely manner. We know what each customer needs and aim to satisfy them.

   Currently, [Company Name]has an advantage because the owner, is a superior business man
   that has excellent work ethics and offers 32 years of experience to the wheat harvesting
   industry. Furthermore, [Company Name]has made many strong relationships across the
   country. The Company's quality of work and level of integrity has allowed them to build a
   reputation in the wheat harvesting industry.




                      [Name] XXX-XXX-XXXX | 6.0 Strategy and Implementation Summary 9
                                                    [COMPANY NAME]                        2010


6.4 Sales Strategy

   The owner of [Company Name] has excellent customer relations skills and work ethics; these
   are the skills which have been useful in making customers comfortable in trusting our Company
   to harvest their grains. Keeping customers happy, we feel, is an implicit part of building a
   relationship that will encourage repeat business.

   The sales forecast monthly summary is included in the appendix. The annual sales projections
   are included here in the Sales Forecast Table.

6.4.1 Sales Forecast

   [Company Name]averages $54,000 a month for its grain harvesting service. This service is
   seasonal and is offered from May 20th-Aug 20th; therefore, our 2010 forecast for [Company
   Name]’s total sales are $162,000. During the years 2011 and 2012 we will see an annual
   increase of $81,000 based on the assumption of the Company purchasing two new
   harvesters to increase the work flow.

   The Company's main cost of sales is its fuel. Fuel cost $5,760 a month per harvester. Currently,
   [Company Name]has two harvesters and their annual fuel cost totals $34,560. The Company
   plans on purchasing one new machine in 2011 and another one in 2012; thus the cost of sales
   will increase by $17,280 each year.

Table: Sales Forecast


Sales Forecast
                                                          2010           2011              2012
Sales
Grain Harvest                                       $162,000          $243,000         $324,000
Row 2                                                     $0                $0               $0
Total Sales                                         $162,000          $243,000         $324,000

Direct Cost of Sales                                      2010           2011             2012
Fuel                                                    $34,560        $51,840          $69,120
Row 2                                                        $0             $0               $0
Subtotal Direct Cost of Sales                           $34,560        $51,840          $69,120




                       [Name] XXX-XXX-XXXX | 6.0 Strategy and Implementation Summary 10
                                                                    [COMPANY NAME]                     2010


Chart: Sales Monthly


                                Sales Monthly

  $50,000

  $45,000

  $40,000

  $35,000

  $30,000                                                                              Grain Harvest

  $25,000                                                                              Row 2
  $20,000

  $15,000

  $10,000

   $5,000

      $0
             Jan         Mar         May          Jul         Sep          Nov
                   Feb         Apr         Jun          Aug         Oct          Dec




Chart: Sales by Year


                                 Sales by Year


  $320,000

  $280,000

  $240,000

  $200,000                                                                             Grain Harvest

  $160,000                                                                             Row 2

  $120,000

   $80,000

   $40,000

       $0
                     2010                  2011                     2012




                     [Name] XXX-XXX-XXXX | 6.0 Strategy and Implementation Summary 11
                                                     COMPANY NAME]
                                                     [                                    2010


6.5 Milestones

   In order to achieve the growth and marketing goals that have been outline in this business
   plan, the Company has deadlines to meet and ideas to implement. Some of these are outlined
   below:

   1. Obtain grant funding to improve business.
   2. Purchase two new grain harvesters

Table: Milestones

Milestones

Milestone                 Start Date      End Date         Budget       Manager     Department
New Grain Harvester        1/1/2011       5/1/2011       $300,000        [Name]       Services
New Grain Harvester        1/1/2012       5/1/2012       $300,000        [Name]       Services
Totals                                                   $600,000

7.0 Management Summary

   [Company Name] is owned and operated by [Name]. The Company, being small in nature,
   requires a simple organizational structure. Implementation of this organizational form calls for
   the owner, Mr. Kuhn, to make all of the major management decisions in addition to monitoring
   all other business activities.

7.1 Personnel Plan

   The table below contains the details of our personnel plan. The detailed monthly personnel plan
   for the first year is included in the appendix.

   [Name] is the owner and manager of [Company Name]. The Company is a seasonal operation
   that is only open for business during the months of May-August.

   Mr. Kuhn has an annual salary of $52,000. This salary is split between his lead position at Mid
   States Hay, Inc and [Company Name]. During the summer, the Company will hire four college
   students to assist with harvesting duties. These students will earn $10,000 each.




                                   [Name] XXX-XXX-XXXX | 7.0 Management Summary 12
                                                  [COMPANY NAME]                        2010


Table: Personnel

Personnel Plan
                                                          2010             2011            2012
[Name]                                                  $12,999          $13,389         $13,791
College Student x (4)                                    $9,999          $10,299         $10,608
Total People                                                  5                5               5

Total Payroll                                           $22,998          $23,688         $24,399


8.0 Financial Plan

   The current financial plan for [Company Name] is to obtain grant funding in the amount of
   $600,000. The funding will be used to purchase two new grain harvesters for our business.

   The following sections of this plan will serve to describe [Company Name]’s financial plan in
   more detail:

      General Assumptions
      Break-even Analysis
      Profit and Loss
      Cash Flow
      Balance

8.1 Start-up Funding

   Mid States Hay, Inc, is currently absorbing all of [Company Name]’s operating expenses;
   therefore, the Company's only funding comes from its long-term assets of $520,000.




                                                           [Name] XXX-XXX-XXXX | 13
                                                                   8.0 Financial Plan
                                            COMPANY NAME]
                                            [                             2010


Table: Start-up Funding

Start-up Funding
Start-up Expenses to Fund                             $0
Start-up Assets to Fund                         $520,000
Total Funding Required                          $520,000

Assets
Non-cash Assets from Start-up                   $520,000
Cash Requirements from Start-up                       $0
Additional Cash Raised                                $0
Cash Balance on Starting Date                         $0
Total Assets                                    $520,000


Liabilities and Capital

Liabilities
Current Borrowing                                    $0
Long-term Liabilities                                $0
Accounts Payable (Outstanding Bills)                 $0
Other Current Liabilities (interest-free)            $0
Total Liabilities                                    $0

Capital

Planned Investment
Owner                                                 $0
Investor                                              $0
Additional Investment Requirement               $520,000
Total Planned Investment                        $520,000

Loss at Start-up (Start-up Expenses)                  $0
Total Capital                                   $520,000


Total Capital and Liabilities                   $520,000

Total Funding                                   $520,000




                                                   [Name] XXX-XXX-XXXX | 14
                                                           8.0 Financial Plan
                                                                          COMPANY NAME]
                                                                          [                                            2010


8.2 Important Assumptions

   The table below presents the assumptions used in the financial calculations of this business
   plan.

   The average percent variable cost is 21%. The estimated monthly fixed cost is $2,204.

8.3 Break-even Analysis

   For our break-even analysis, the monthly sales needed to break-even are $2,802. The break-
   even analysis has been calculated on the "burn rate" of the Company. The Company feels that
   this gives the investor a more accurate picture of the actual risk of the venture.

Table: Break-even Analysis


Break-even Analysis

Monthly Revenue Break-even                                            $2,802

Assumptions:
Average Percent Variable Cost                                           21%
Estimated Monthly Fixed Cost                                          $2,204

Chart: Break-even Analysis


                                          Break-even Analysis
      $2,000

      $1,500

      $1,000

        $500

          $0

      ($500)

     ($1,000)

     ($1,500)

     ($2,000)

                $0           $1,000            $2,000            $3,000            $4,000            $5,000
                      $500            $1,500            $2,500            $3,500            $4,500            $5,500




                                                                                      [Name] XXX-XXX-XXXX | 15
                                                                                              8.0 Financial Plan
                                                  [COMPANY NAME]                           2010


8.4 Projected Profit and Loss

   The Company's sales for 2010, 2011 and 2012, is forecast to be $162,000, $243,000 and
   $324,000, respectively. The net profit for the same period is $70,695, $114,743 and $158,775,
   respectively.

   The net profit sales for this period are forecast to be 43.64%, 47.22% and 49.00%,
   respectively.

   The Company's operating expenses are covered by [Company Name], a year-round business
   also owned by [Name].

Table: Profit and Loss


Pro Forma Profit and Loss
                                                  2010             2011             2012
Sales                                         $162,000         $243,000         $324,000
Direct Cost of Sales                           $34,560          $51,840          $69,120
Other Costs of Sales                                $0               $0               $0
Total Cost of Sales                            $34,560          $51,840          $69,120

Gross Margin                                  $127,440         $191,160         $254,880
Gross Margin %                                 78.67%           78.67%           78.67%


Expenses
Payroll                                        $22,998          $23,688          $24,399
Marketing/Promotion                                 $0               $0               $0
Depreciation                                        $0               $0               $0
Rent                                                $0               $0               $0
Utilities                                           $0               $0               $0
Insurance                                           $0               $0               $0
Payroll Taxes                                   $3,450           $3,553           $3,660
Other                                               $0               $0               $0

Total Operating Expenses                       $26,448          $27,241          $28,058

Profit Before Interest and Taxes              $100,992         $163,919         $226,822
EBITDA                                        $100,992         $163,919         $226,822
 Interest Expense                                   $0               $0               $0
 Taxes Incurred                                $30,298          $49,176          $68,046

Net Profit                                     $70,695         $114,743         $158,775
Net Profit/Sales                               43.64%           47.22%           49.00%




                                                           [Name] XXX-XXX-XXXX | 16
                                                                   8.0 Financial Plan
                                                           COMPANY NAME]
                                                           [                                  2010


Chart: Profit Monthly


                                         Profit Monthly
     $24,000

     $21,000

     $18,000

     $15,000

     $12,000

      $9,000

      $6,000

      $3,000

         $0
                Jan   Feb   Mar   Apr   May   Jun    Jul   Aug   Sep     Oct   Nov   Dec




   Chart: Profit Yearly


                                          Profit Yearly


     $160,000

     $140,000

     $120,000

     $100,000

      $80,000

      $60,000

      $40,000

      $20,000

           $0
                        2010                  2011                      2012




                                                                       [Name] XXX-XXX-XXXX | 17
                                                                               8.0 Financial Plan
                                                      COMPANY NAME]
                                                      [                                  2010


Chart: Gross Margin Monthly


                                Gross Margin Monthly

  $40,000

  $36,000

  $32,000

  $28,000

  $24,000

  $20,000

  $16,000

  $12,000

   $8,000

   $4,000

      $0
            Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep     Oct   Nov   Dec




Chart: Gross Margin Yearly




                                                                  [Name] XXX-XXX-XXXX | 18
                                                                          8.0 Financial Plan
                                                   [COMPANY NAME]                         2010


8.5 Projected Cash Flow

   [Company Name] has applied for grant funding of $600,000. We forecast that we will receive
   half of the grant funding in January of 2011 and the other half in January of 2012. During this
   period, we'll use the funds to purchase new harvesting machines. The remainder of the funds
   will be used for fuel and maintenance.

   The purchase of long-term assets reflects the $260,000 we will use in 2011 and 2012
   to purchase the new harvester machines.

   The following table displays [Company Name]’s cash flow, and the chart illustrates monthly
   cash flow in the first year. Monthly cash flow projections are also included in the appendix.

Table: Cash Flow

Pro Forma Cash Flow
                                                           2010             2011             2012
Cash Received

Cash from Operations
Cash Sales                                             $121,500         $182,250         $243,000
Cash from Receivables                                   $40,500          $60,750          $81,000
Subtotal Cash from Operations                          $162,000         $243,000         $324,000

Additional Cash Received
Sales Tax, VAT, HST/GST Received                             $0               $0               $0
New Current Borrowing                                        $0               $0               $0
New Other Liabilities (interest-free)                        $0               $0               $0
New Long-term Liabilities                                    $0               $0               $0
Sales of Other Current Assets                                $0               $0               $0
Sales of Long-term Assets                                    $0               $0               $0
New Investment Received                                      $0         $300,000         $300,000
Subtotal Cash Received                                 $162,000         $543,000         $624,000




                                                            [Name] XXX-XXX-XXXX | 19
                                                                    8.0 Financial Plan
                                                                 [COMPANY NAME]                            2010



Expenditures                                                                2010            2011               2012

Expenditures from Operations
Cash Spending                                                           $22,998           $23,688           $24,399
Bill Payments                                                           $68,307           $95,974          $137,846
Subtotal Spent on Operations                                            $91,305          $119,662          $162,245

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out                                             $0                $0                $0
Principal Repayment of Current Borrowing                                     $0                $0                $0
Other Liabilities Principal Repayment                                        $0                $0                $0
Long-term Liabilities Principal Repayment                                    $0                $0                $0
Purchase Other Current Assets                                                $0                $0                $0
Purchase Long-term Assets                                                    $0          $260,000          $260,000
Dividends                                                                    $0                $0                $0
Subtotal Cash Spent                                                     $91,305          $379,662          $422,245

Net Cash Flow                                                           $70,695          $463,338          ($98,245)
Cash Balance                                                            $70,695          $234,033          $435,788


   Chart: Cash


                                         Cash
      $70,000

      $60,000

      $50,000

      $40,000
                                                                                           Net Cash Flow
      $30,000
                                                                                           Cash Balance
      $20,000

      $10,000

           $0


                Jan         Mar         May         Jul         Sep         Nov
                      Feb         Apr         Jun         Aug         Oct          Dec




                                                                             [Name] XXX-XXX-XXXX | 20
                                                                                     8.0 Financial Plan
                                                  [COMPANY NAME]                       2010


8.6 Projected Balance Sheet

    The net worth is $590,695, $1,305,438 and $1,464,213 for 2010, 2011 and 2012, respectively.

Table: Balance Sheet

Pro Forma Balance Sheet
                                                      2010           2011            2012
Assets

Current Assets
Cash                                             $70,695          $534,033        $435,788
Accounts Receivable                                   $0                $0              $0
Other Current Assets                                  $0                $0              $0
Total Current Assets                             $70,695          $534,033        $435,788

Long-term Assets
Long-term Assets                                $520,000         $780,000       $1,040,000
Accumulated Depreciation                              $0                $0              $0
Total Long-term Assets                          $520,000         $780,000       $1,040,000
Total Assets                                    $590,695        $1,314,033      $1,475,788

Liabilities and Capital                               2010           2011            2012

Current Liabilities
Accounts Payable                                        $0          $8,595         $11,575
Current Borrowing                                       $0              $0              $0
Other Current Liabilities                               $0              $0              $0
Subtotal Current Liabilities                            $0          $8,595         $11,575

Long-term Liabilities                                   $0              $0              $0
Total Liabilities                                       $0          $8,595         $11,575

Paid-in Capital                                 $520,000        $1,120,000      $1,120,000
Retained Earnings                                     $0           $70,695       $185,438
Earnings                                         $70,695         $114,743        $158,775
Total Capital                                   $590,695        $1,305,438      $1,464,213
Total Liabilities and Capital                   $590,695        $1,314,033      $1,475,788

Net Worth                                       $590,695        $1,305,438      $1,464,213




                                                             [Name] XXX-XXX-XXXX | 21
                                                                     8.0 Financial Plan
                                                    COMPANY NAME]
                                                    [                                  2010


8.7 Business Ratios

   The table below presents ratios from the wheat farming markets as a reference.

Table: Ratios

Ratio Analysis
                                            2010           2011          2012       Industry
                                                                                      Profile
Sales Growth                                 n.a.       50.00%         33.33%         0.19%

Percent of Total Assets
Accounts Receivable                        0.00%          0.00%         0.00%         4.53%
Other Current Assets                       0.00%          0.00%         0.00%        30.39%
Total Current Assets                      11.97%         40.64%        29.53%        42.98%
Long-term Assets                          88.03%         59.36%        70.47%        57.02%
Total Assets                             100.00%        100.00%       100.00%       100.00%

Current Liabilities                        0.00%         0.65%          0.78%        17.05%
Long-term Liabilities                      0.00%         0.00%          0.00%        44.58%
Total Liabilities                          0.00%         0.65%          0.78%        61.63%
Net Worth                                100.00%        99.35%         99.22%        38.37%

Percent of Sales
Sales                                    100.00%        100.00%       100.00%       100.00%
Gross Margin                              78.67%         78.67%        78.67%        69.14%
Selling, General & Administrative         35.03%         31.45%        29.66%        12.86%
Expenses
Advertising Expenses                       0.00%         0.00%          0.00%         0.33%
Profit Before Interest and Taxes          62.34%        67.46%         70.01%         4.25%

Main Ratios
Current                                      0.00         62.14          37.65          1.47
Quick                                        0.00         62.14          37.65          0.99
Total Debt to Total Assets                 0.00%         0.65%          0.78%        61.63%
Pre-tax Return on Net Worth               17.10%        12.56%         15.49%         9.43%
Pre-tax Return on Assets                  17.10%        12.47%         15.37%         3.62%




                                                           [Name] XXX-XXX-XXXX | 22
                                                                   8.0 Financial Plan
                                         COMPANY NAME]
                                         [                              2010



Additional Ratios                2010           2011        2012
Net Profit Margin              43.64%         47.22%      49.00%          n.a
Return on Equity               11.97%          8.79%      10.84%          n.a

Activity Ratios
Accounts Receivable Turnover      0.00           0.00       0.00          n.a
Collection Days                     60              0          0          n.a
Accounts Payable Turnover         0.00          12.17      12.17          n.a
Payment Days                        27             15         26          n.a
Total Asset Turnover              0.27           0.18       0.22          n.a

Debt Ratios
Debt to Net Worth                 0.00           0.01       0.01          n.a
Current Liab. to Liab.            0.00           1.00       1.00          n.a

Liquidity Ratios
Net Working Capital            $70,695       $525,438   $424,213          n.a
Interest Coverage                 0.00           0.00       0.00          n.a

Additional Ratios
Assets to Sales                   3.65           5.41       4.55          n.a
Current Debt/Total Assets          0%             1%         1%           n.a
Acid Test                         0.00          62.14      37.65          n.a
Sales/Net Worth                   0.27           0.19       0.22          n.a
Dividend Payout                   0.00           0.00       0.00          n.a




                                                 [Name] XXX-XXX-XXXX | 23
                                                         8.0 Financial Plan
                                                      Appendix

Table: Sales Forecast


Sales Forecast
                                Jan     Feb    Mar    Apr    May          Jun          Jul       Aug    Sep   Oct   Nov      Dec
Sales
Grain Harvest                   $0       $0     $0    $0         $0    $54,000    $54,000     $54,000    $0   $0     $0       $0
Row 2                           $0       $0     $0    $0         $0         $0         $0          $0    $0   $0     $0       $0
Total Sales                     $0       $0     $0    $0         $0    $54,000    $54,000     $54,000    $0   $0     $0       $0

Direct Cost of Sales            Jan     Feb    Mar    Apr    May           Jun         Jul        Aug   Sep   Oct   Nov      Dec
Fuel                             $0      $0     $0     $0     $0       $11,520    $11,520     $11,520    $0    $0    $0       $0
Row 2                            $0      $0     $0     $0     $0            $0         $0          $0    $0    $0    $0       $0
Subtotal Direct Cost of Sales   $0       $0     $0    $0         $0    $11,520    $11,520     $11,520    $0   $0     $0       $0


Table: Personnel


Personnel Plan
                                  Jan    Feb    Mar    Apr       May        Jun         Jul       Aug   Sep   Oct   Nov      Dec
[Name]                             $0     $0     $0     $0        $0     $4,333     $4,333     $4,333    $0    $0    $0       $0
College Student x (4)              $0     $0     $0     $0        $0     $3,333     $3,333     $3,333    $0    $0    $0       $0
Total People                        0      0      0      0         0          5          5          5     0     0     0        0

Total Payroll                     $0      $0     $0     $0        $0     $7,666     $7,666     $7,666    $0    $0    $0       $0




                                                                                                                          Page 1
                                                                   Appendix

Table: Profit and Loss


Pro Forma Profit and
Loss
                                 Jan      Feb      Mar      Apr        May         Jun        Jul       Aug     Sep      Oct      Nov       Dec
Sales                             $0       $0       $0       $0         $0     $54,000   $54,000    $54,000      $0       $0       $0        $0
Direct Cost of Sales              $0       $0       $0       $0         $0     $11,520   $11,520    $11,520      $0       $0       $0        $0
Other Costs of Sales              $0       $0       $0       $0         $0          $0        $0         $0      $0       $0       $0        $0
Total Cost of Sales               $0       $0       $0       $0         $0     $11,520   $11,520    $11,520      $0       $0       $0        $0

Gross Margin                       $0       $0       $0       $0          $0   $42,480   $42,480    $42,480       $0       $0       $0        $0
Gross Margin %                 0.00%    0.00%    0.00%    0.00%       0.00%    78.67%    78.67%     78.67%    0.00%    0.00%    0.00%     0.00%


Expenses
Payroll                           $0       $0       $0       $0          $0     $7,666    $7,666     $7,666      $0       $0       $0        $0
Marketing/Promotion               $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
Depreciation                      $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
Rent                              $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
Utilities                         $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
Insurance                         $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
Payroll Taxes            15%      $0       $0       $0       $0          $0     $1,150    $1,150     $1,150      $0       $0       $0        $0
Other                             $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0

Total Operating                   $0       $0       $0       $0          $0     $8,816    $8,816     $8,816      $0       $0       $0        $0
Expenses

Profit Before Interest            $0       $0       $0       $0          $0    $33,664   $33,664    $33,664      $0       $0       $0        $0
and Taxes
EBITDA                            $0       $0       $0       $0          $0    $33,664   $33,664    $33,664      $0       $0       $0        $0
 Interest Expense                 $0       $0       $0       $0          $0         $0        $0         $0      $0       $0       $0        $0
 Taxes Incurred                   $0       $0       $0       $0          $0    $10,099   $10,099    $10,099      $0       $0       $0        $0

Net Profit                        $0       $0       $0       $0          $0    $23,565   $23,565    $23,565      $0       $0       $0        $0
Net Profit/Sales               0.00%    0.00%    0.00%    0.00%       0.00%    43.64%    43.64%     43.64%    0.00%    0.00%    0.00%     0.00%



                                                                                                                                         Page 2
                                                             Appendix

Table: Cash Flow


Pro Forma Cash Flow
                                           Jan   Feb   Mar   Apr   May          Jun        Jul      Aug       Sep       Oct    Nov      Dec
Cash Received

Cash from Operations
Cash Sales                                 $0     $0    $0   $0         $0   $40,500   $40,500   $40,500        $0        $0    $0       $0
Cash from Receivables                      $0     $0    $0   $0         $0        $0      $450   $13,500   $13,500   $13,050    $0       $0
Subtotal Cash from Operations              $0     $0    $0   $0         $0   $40,500   $40,950   $54,000   $13,500   $13,050    $0       $0

Additional Cash Received
Sales Tax, VAT, HST/GST            0.00%   $0     $0    $0   $0         $0       $0        $0        $0        $0        $0     $0       $0
Received
New Current Borrowing                      $0     $0    $0   $0         $0       $0        $0        $0        $0        $0     $0       $0
New Other Liabilities (interest-           $0     $0    $0   $0         $0       $0        $0        $0        $0        $0     $0       $0
free)
New Long-term Liabilities                  $0     $0    $0   $0         $0        $0        $0        $0        $0        $0    $0       $0
Sales of Other Current Assets              $0     $0    $0   $0         $0        $0        $0        $0        $0        $0    $0       $0
Sales of Long-term Assets                  $0     $0    $0   $0         $0        $0        $0        $0        $0        $0    $0       $0
New Investment Received                    $0     $0    $0   $0         $0        $0        $0        $0        $0        $0    $0       $0
Subtotal Cash Received                     $0     $0    $0   $0         $0   $40,500   $40,950   $54,000   $13,500   $13,050    $0       $0




                                                                                                                                     Page 3
                                                    Appendix


Expenditures                      Jan   Feb   Mar   Apr   May          Jun        Jul      Aug        Sep       Oct       Nov       Dec

Expenditures from Operations
Cash Spending                      $0    $0    $0    $0        $0    $7,666    $7,666    $7,666        $0        $0        $0        $0
Bill Payments                      $0    $0    $0    $0        $0      $759   $22,769   $22,769   $22,010        $0        $0        $0
Subtotal Spent on Operations       $0    $0    $0    $0        $0    $8,425   $30,435   $30,435   $22,010        $0        $0        $0

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid       $0    $0    $0    $0        $0       $0        $0        $0         $0        $0        $0        $0
Out
Principal Repayment of             $0    $0    $0    $0        $0       $0        $0        $0         $0        $0        $0        $0
Current Borrowing
Other Liabilities Principal        $0    $0    $0    $0        $0       $0        $0        $0         $0        $0        $0        $0
Repayment
Long-term Liabilities Principal    $0    $0    $0    $0        $0       $0        $0        $0         $0        $0        $0        $0
Repayment
Purchase Other Current Assets      $0    $0    $0    $0        $0        $0        $0        $0        $0        $0        $0        $0
Purchase Long-term Assets          $0    $0    $0    $0        $0        $0        $0        $0        $0        $0        $0        $0
Dividends                          $0    $0    $0    $0        $0        $0        $0        $0        $0        $0        $0        $0
Subtotal Cash Spent                $0    $0    $0    $0        $0    $8,425   $30,435   $30,435   $22,010        $0        $0        $0

Net Cash Flow                      $0    $0    $0    $0        $0   $32,075   $10,515   $23,565   ($8,510)   $13,050       $0        $0
Cash Balance                       $0    $0    $0    $0        $0   $32,075   $42,590   $66,155   $57,645    $70,695   $70,695   $70,695




                                                                                                                                 Page 4
                                                                                      Appendix

Table: Balance Sheet

Pro Forma Balance Sheet
                                                    Jan        Feb        Mar         Apr       May        Jun         Jul       Aug        Sep         Oct       Nov        Dec
Assets                      Starting Balances
Current Assets
Cash                                   $0            $0         $0         $0         $0         $0     $32,075    $42,590    $66,155    $57,645    $70,695    $70,695    $70,695
Accounts Receivable                    $0            $0         $0         $0         $0         $0     $13,500    $26,550    $26,550    $13,050         $0         $0         $0
Other Current Assets                   $0            $0         $0         $0         $0         $0          $0         $0         $0         $0         $0         $0         $0
Total Current Assets                   $0            $0         $0         $0         $0         $0     $45,575    $69,140    $92,705    $70,695    $70,695    $70,695    $70,695

Long-term Assets
Long-term Assets                $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000
Accumulated                           $0              $0         $0         $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Depreciation
Total Long-term Assets          $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000
Total Assets                    $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $565,575   $589,140   $612,705   $590,695   $590,695   $590,695   $590,695

Liabilities and Capital                             Jan        Feb        Mar         Apr       May        Jun         Jul       Aug        Sep         Oct       Nov        Dec

Current Liabilities
Accounts Payable                       $0            $0         $0         $0         $0         $0     $22,010    $22,010    $22,010        $0         $0         $0         $0
Current Borrowing                      $0            $0         $0         $0         $0         $0          $0         $0         $0        $0         $0         $0         $0
Other Current Liabilities              $0            $0         $0         $0         $0         $0          $0         $0         $0        $0         $0         $0         $0
Subtotal Current                       $0            $0         $0         $0         $0         $0     $22,010    $22,010    $22,010        $0         $0         $0         $0
Liabilities

Long-term Liabilities                  $0            $0         $0         $0         $0         $0          $0         $0         $0        $0         $0         $0         $0
Total Liabilities                      $0            $0         $0         $0         $0         $0     $22,010    $22,010    $22,010        $0         $0         $0         $0

Paid-in Capital                 $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000   $520,000
Retained Earnings                     $0              $0         $0         $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Earnings                              $0              $0         $0         $0         $0         $0    $23,565    $47,130    $70,695    $70,695    $70,695    $70,695    $70,695
Total Capital                   $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $543,565   $567,130   $590,695   $590,695   $590,695   $590,695   $590,695
Total Liabilities and           $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $565,575   $589,140   $612,705   $590,695   $590,695   $590,695   $590,695
Capital

Net Worth                       $520,000        $520,000   $520,000   $520,000   $520,000   $520,000   $543,565   $567,130   $590,695   $590,695   $590,695   $590,695   $590,695

                                                                                                                                                                         Page 5
                                                               Appendix


								
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