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Starting Maize Farming Business Plan (PDF)

Maize Farming Business Plan

Maize, also known as corn, is one of the most notable grain or cereal crops in the world.  After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to those dynamics. Maize is relatively hassle-free to grow, handle, and store. Maize is also known as corn. In some countries, particularly Africa, maize is a staple food. Maize is grown widely in Africa, Americas, and Asia. So there is quite a huge demand for the food crop and its many products which is why it makes business sense to start a maize farming business. In this article we shall be looking at some essential knowledge areas that you must acquaint yourself with before you start the maize farming business, and the maize farming business plan – PDF, Word and Excel.

Maize farming is a lucrative business, providing income for millions of people, but there are some essential decisions that you need to make before you venture into the corn farming business. You have to make a decision on how many hectares you want to farm, which type of maize you will farm, which season you are going to plant your maize, and your target market. These choices will be affected by the amount of capital you have, and the size of your target  market.  If you do not have a lot of capital, you can always start small and grow your maize farming business overtime. You also need to carry out market research (Who are you going to sell the maize/corn to? At what price?) and write a corn farming business plan before you venture into the business. As indicated earlier, maize is also known as corn in other parts of the world.

Business Model

At a basic level, maize is cultivated for subsequent sale as grains or green mealies. These green mealies can be cooked or roasted. Then from post-harvest, the list of monetization approaches widens. The grain can be sold to millers who in turn process it into a wide assortment of food products including maize meal. You could even do the milling yourself and sell the end product. You can solely focus on cultivating maize seed. In countries where maize is the staple food, there is huge market of direct customers. As in, there are countless people looking to purchase maize for various uses.

Maize is an important industrial raw material so you can make money from that. For instance, maize is used in the production of alcohol and biofuels. You can sell to livestock feed producers; maize is a major ingredient of livestock feeds. Maize has global economic value so you can export it. There are significantly more returns from exporting your maize, especially to neighbouring countries. Numerous niching options when it comes to maize farming. That is why there are many business model options to pick from.

Land for Maize Farming Business

Type of soil is an important factor for a good maize harvest. Maize can be grown in a variety of soil types.  However it needs soil which is fertile and well drained. Another important factor is the pH of the soil, as it affects the availability of nutrients. Maize/Corn grow well in soil with pH of between 6-7. If the pH is lower than this, the maize produced will be of poor quality, and it may experience abnormal growth. Thus the pH of soil for maize should be close to neutral or slightly acidic. If the pH is too acidic, lime should be added to increase the pH of the soil to between pH 6-7. Other properties of good soil for maize include: sufficient and balanced quantities of plant nutrients, good internal soil drainage, good moisture, and good effective depth of the soil.  It is important that before you start farming maize/corn on your farm, you check whether the soil is suitable for maize farming. Your  corn farming business plan should take into account the cost of purchasing or renting the land.

Machinery and Equipment for Maize Farming

Land preparation must be properly done to ensure the soil is ready for the maize. The type of machinery and equipment needed for your maize farming business depends on the scale of production. For small scale this can be done using hand-held equipment whereas for medium to large scale heavy machinery such as tractors are needed.  Machinery and equipment which maybe needed include tractors, combine harvesters, fertilizer spreader equipment, irrigation equipment, spray equipment etc. Most farmers usually hire big machinery like tractors when they want to use them, rather than purchasing them outright as they are expensive.

Adequate water supply is also important meaning that irrigation maybe necessary. However maize farming can also be done without irrigation in areas which have a good supply of rainfall.  There may also be need of grid hydroelectricity energy for the irrigation systems, standby diesel generators for use during power outages, or solar powered irrigation systems. Farmers especially in the rural areas who do not have the modern farming equipment use animal drawn equipment in maize farming. The higher the level of mechanization at your corn farm, the higher the efficiency of your operations, and the profitability of your maize farming business. The maize farming business plan should include the costs of acquiring and hiring the various machinery and equipment.

Maize Farming Inputs

You require various farming inputs when doing maize farming. You start maize farming by planting maize seeds. Ensure that you use high quality maize seed from certified maize seed companies. It’s unwise to buy cheap, poor quality maize seeds as that will lead to poor harvest yield and low quality maize produce.

Fertilizers are also essential during maize farming as they support the growth of the maize by providing nutrients. The amount and type of fertilizers needed for maize farming depend on the fertility of the soil and the target yield. The most important nutrients for maize farming are Nitrogen and Phosphorous. Potassium and Zinc are also required.  Organic matter is also needed in maize farming. This can be in the form of compost, decayed leaves, animal manure etc. The functions of organic matter in maize farming include: increasing soil fertility, positively influencing the moisture level & temperature of the soil, increasing the soil friability and increasing the amount of decomposers organisms in the soil. Organic matter also increases the capacity of the soil to retain water and nutrients. It’s a soil conditioner.

Other essential maize farming inputs include herbicides, for effective weed control at your farm. Pesticides and fungicides are required for protecting your maize/corn plants against insects and fungi. Diligent measures must be put in place to fight against pests, diseases and weeds.  The costs of acquiring all these inputs should be included in your corn/maize farming business plan.

Pest And Disease Management

Field pests.

The most common field pests in maize farming are aphids, army worms, cutworms, leaf hoppers, and termites. Getting rid of these pests relies heavily on early detection and interventions. The first defence is proper land preparation and regular weed control. This alone can avoid incidences of pest insect pest infestations. Then as a rule of thumb you must always inspect your maize crop daily. Once you notice any insect pests you use chemical methods such as insecticides.

Animal Pests

These animal pests feed on the maize crop thus destroying the crop. Examples are pigs, rodents, baboons, monkeys, and birds, amongst others. Warding off most these animal pests requires robust physical security e.g. perimeter fences. You can also consider having people who scare off the animal pests. Scarecrows have also proven to be very effective in keeping animal pests away.

Storage Pests

In maize farming you need to know there are 2 main groups of storage pests. These are primary pests, secondary pests. The former attach healthy grain whereas the latter attacks damaged or vulnerable grain. Examples are weevils and larger grain borer. An important consideration in the fight again storage pests in maize farming is the temperature. Maintaining dryness also discourages the breeding of pests. No wonder before storing maize you must ensure it is adequately dried up. The presence of moisture and dirt promote pest development – that is why hygiene is important.

The most common diseases in maize farming are fungal and viral diseases. Notable fungal diseases are gray leaf spot, leaf blight, root rot common rust, head smut, and downy mildew. Fungal diseases are often aggressive. Once they set in, any delay in taking action leads to colossal losses. That is why it is important to avoid them in the first place.

One way to avoid them is deliberately cultivating hybrid maize varieties. Another way is to ensure there is no waterlogging and dirt lying around. If the fungal diseases do emerge, immediately use fungicides to get rid of them. The same applies for viral diseases; they are best prevented. Effective pest control helps prevent viral diseases since pests are usually the culprits in transmission.

Farm Workers

This depends on your scale of maize production and also your level of mechanisation. Significant mechanisation tends to reduce the number of workers you will need. However, it is not usually that hard to find cost-effective human resources on a contractual basis. So you will need to hire part time farm workers as and when necessary. The duties of the maize farm workers include cultivating the land, ploughing, planting, irrigation, applying manure & fertilizer on the land, weed & pest control, harvesting. The maize farming business plan should cater for the costs of paying all your employees.

Capital for Maize Farming Business

This depends on the scale of maize production and level of mechanisation amongst other factors. You can get a loan from the bank, or funding from investors, to use as capital to start your maize farming business. If you plan to raise capital from investors and a loan from the bank, you need a good maize farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Maize farming is profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a maize farming business plan to guide you in starting and operating the business. It is essential for you to have a maize/corn farming business plan before you venture into the maize farming business, so that you know all the costs involved and you make an informed decision.

Harvesting And Storage Of Maize

Harvesting maize.

You can carry out maize harvesting using manual techniques or mechanical techniques. Manual techniques often entail the use of hands. Mechanical techniques often entail the use of combine harvesters. When the maize is around 20 percent moisture level it is ready to be harvested. That moisture level must drop to around 12 percent before the maize can be stored. That is why the maize grain will have to undergo some drying process prior to storage. Drying can be done naturally using the sun or artificially e.g. using heated air.

Storage Of Maize

You can store your maize in a bulky state or you can pack the grain into sacks or bags. It is important to ensure optimum grain moisture levels are reached first. You must also properly sort the grain to eliminate damaged or diseased grain. For long term storage, the grain will need to be chemically treated to protect from pests and diseases.

The market is huge and actually needs more players to start maize farming businesses. The demand for maize is very high, individuals consume maize and products processed from maize. Maize meal and Maize flour is used in meals all over the world. Maize is not just for human consumption but also for animal consumption. Maize is used in stock feed production for livestock production. The starch from the maize is used for a long list of things such as cosmetic products, adhesives, paints, inks, and medical drugs amongst many others. In some countries there are grain marketing entities. These entities buy maize directly from farmers. These provide the easiest way to get your maize purchased with little to no marketing effort. You can also take advantage of farmers’ markets to market your maize. The internet and social media platforms are also effective in generating leads. You can also approach potential bulk clients such as millers, manufacturers, and distributors. Some continents such as Africa actually import large quantities of maize annually.  However there are vast patches of arable land on the continent.  There are so many talking points on this but the relevant one for this subject is about potential. This means the market is not being adequately served by the local maize farmers. Market-wise it is a foregone conclusion that the market is vast and limitless. The maize business plan ought to include a proper marketing plan to use in your maize farming business.

Corn Farming Business Plan

Keys To Profitability

Choosing the right soil or improving it is pertinent (especially fertility). Comprehensive land preparation is also important in optimizing the soil. Choose the right maize variety, especially hybrid ones that have high yields and disease resistance. See to it that you actively monitor and deal with pests and diseases. Your storage regime of the maize grain must be done properly. Most losses in maize farming are post-harvest so be vigilant. Your choice of planting time must be carefully considered. It must be cognizant of weather implications and market demand dynamics. Adequate water availability is imperative but whilst ensuring there is sufficient drainage.

Pre-Written Maize Farming Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements

For an in-depth analysis of the maize farming business, we encourage you to purchase our well-researched and comprehensive maize farming business plan. We introduced the business plans after discovering that many were venturing into the maize production business without enough knowledge and understanding of how to run the maize/corn farming business, how to farm the maize, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

The StartupBiz Global maize/corn farming business plan will make it easier for you to launch and run your maize farming business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the maize business.

Uses of the Maize Farming Business Plan (PDF, Word And Excel)

The maize business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your maize farming business
  • As a maize farming business proposal
  • Assessing profitability of the maize farming business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

Contents of the Maize Business Plan (PDF, Word And Excel)

The maize farming business plan include, but not limited to:

  • Marketing Strategy
  • Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
  • Risk Analysis
  • Industry Analysis
  • Market Analysis
  • SWOT & PEST Analysis
  • Operational Requirements (Including technical aspects of how to farm the maize, inputs requirements etc)
  • Operational Strategy
  • Why some people in the maize farming business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your maize farming business

The Pre-written maize farming business plan package consist of 4 files

  • Maize Farming Business Plan – PDF file (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan – Editable Word File (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 41 pages)
  • Maize Farming Business Plan Automated Financial Statements – (Editable Excel File)

The business plan can be used in any country and can be easily edited. The financial statements are automated. This implies that you can change eg the number of hectares, selling price of  the maize etc, and all the other financial statements will automatically adjust to reflect the change.

Click below to download the Contents Page of the Maize Farming Business Plan (PDF)

maize farming business plan pdf

Testimonial 1

StartupBiz Global provided a very professional and comprehensive business plan which I used for my business. The business plan was easy to edit, and I was able to get the funding which I wanted. I highly recommend their business plans.

Testimonial 6

I purchased a business plan from you, and I’m glad to inform you that I was able to get my loan, and I’m starting my poultry farming business on the 1 st of July. This was made possible because of your business plan. Thank you very much, you made my dream come true.

Testimonial 2

Many thanks for your incredibly efficient service and thorough business plan. I am very impressed with the business plan. Before I bought the business plan, I tried to do my own business plan – it was such a nightmare and it turned out badly, also not to mention the stress it caused me. I wish I knew about your website earlier!

Testimonial 7

I found Startupbiz Global online when I was in desperate need of a business plan. I was overwhelmed by the quality of the business plan, it’s comprehensive and well researched! I did not have to wait to get the business plan, I got it instantly after payment. I highly recommend Startupbiz Global, and would happily use them again in the future.

Testimonial 8

Just wanted to say I am very happy with the business plan and I will gladly recommend your products, thank you very much and have a great day.

Testimonial 3

I was extremely lucky to come across StartupBiz Global. Their business plan exceeded my expectations, and most importantly I was able to secure a loan from my bank. Thank you guys, now my dreams are coming true!

Testimonial 4

The business plan which I purchased from your website saved me TIME and MONEY! The layout of the business plan was excellent. The financial statements were detailed and easy for me to edit. I will come back to purchase another business plan soon.

Testimonial 5

I was able to understand the business side of farming because of your business plan. You did extensive research; the business plan was well prepared and fully detailed.  It made everything clear, and I have somewhere to start now. I am confident that I am going to succeed in my business because of the guidance from your business plan.

Get the Maize Farming Business Plan (PDF, Word And Excel)

Click Buy Now  below to purchase using Paypal, Credit Card, or Debit Card. After you have purchased, you will immediately see the download link for the business plan package on the screen. You will also immediately get an email with the business plan download link. The Pre-written business plan package (PDF, Word, and Excel) costs $30 only!

Maize Business Plan

If you want to purchase multiple business plans at once then click here: Business Plans Store.

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

We wish you the best in your maize farming business! Check out our collection of business plans  , and more business ideas .

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How To Start Commercial Corn Farming Business

Corn or maize is a commercial grain crop globally. Corn farming is a lucrative money-making opportunity for people interested in the farming business. The six major types of corn are dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Find here a detailed corn farming business plan sample checklist for your ready reference.

The scientific name of corn is Zea mays. And it belongs to the Grasses family. In addition, it is popular as the ‘Queen of Cereals’. Major corn-producing countries are the  USA, China, India, Brazil,  Argentina, Ukraine,   Mexico, Indonesia, France, and South Africa.

The United States is the largest maize producer and also has a large surplus, which also makes it the largest maize exporter. Brazil, Ukraine, and Argentina are the other key maize-producing countries behind the USA. The four countries together account for 80-85% of the total exports of maize.

Maize is by far the largest component of the global coarse-grain trade. Most of the maize that is traded is used for feed; smaller amounts are traded for industrial and food uses.

In India, corn or maize is the third most important grain crop after rice and wheat. Some of the major corn-producing states are Karnataka, Andhra Pradesh, Tamil Nadu, Rajasthan, Maharashtra, Bihar, Uttar Pradesh, Madhya Pradesh, and Gujarat.

Is Corn Farming Profitable?

First of all, it is an important staple food for human beings and quality feed for animals. Additionally, corn or maize serves as basic raw material and an ingredient in thousands of industrial products. The list includes starch, oil, protein, alcoholic beverages, food sweeteners, pharmaceutical, cosmetic, film, textile, gum, package, and paper industries, etc.

Basically, maize finds extensive use for livestock feeds viz, cattle Poultry, and piggery both in the form of seeds and fodder. The digestibility of maize fodder is higher than Sorghum, Bajra, and other non-leguminous forage crops.

Global production of corn has grown at a CAGR of 3.4% over the last ten years, from 717 MMT in 2004-05 to 967 MMT in 2013-14. Additionally, the area under maize cultivation in the period has increased at a CAGR of 2.2%.

Health Benefits of Corn or Maize

  • First of all, corn is primarily composed of carbs.
  • Whole corn is fairly high in fiber.
  • Additionally, it is a decent source of protein. Depending on the corn variety, the protein content ranges from 10-15%.
  • Whole corn is relatively low in fat.
  • Corn may contain a fair amount of several vitamins and minerals. However, the amount is highly variable depending on the corn type.
  • Finally, corn contains a number of bioactive plant compounds, some of which may have beneficial health effects.

Things To Consider In Corn Farming

  • The primary requirement of commercial corn farming is vacant land. Therefore, you must have a sufficient area of land for maize cultivation.
  • Corn demands adequate irrigation. Therefore, if you are planning to grow corn under rainfed conditions, be prepared for a drought situation also.
  • Additionally, you must have adequate arrangements for plant protection. You must protect your field from pests and diseases.
  • Choose the variety according to the end use of the produce and agroclimatic condition.
  • Finally, it is advisable to prepare a commercial corn farming business plan before planting. Basically, a business plan helps to identify input costs and additional resources.

Best Varieties For Corn Farming

You can find a wide range of varieties globally. Basically, it highly depends on the specific region and the reason for growth. Here we have compiled a list of popular corn varieties.

  • Butter and Sugar. 73 days. Bicolor white and yellow kernels, good flavor; 7 to 8-inch ears. Resists bacterial wilt and southern corn leaf blight.
  • Golden Cross Bantam. 85 days. Large yellow kernels. Uniform ears are 7½ to 8 inches long with 10 to 14 rows per ear. Sturdy stalk to 6 feet; very prolific. Resists bacterial wilt.
  • Jubilee. 83 days. Sweet, tender, yellow kernels for fresh eating or processing. Large ears, 8 to 9 inches long with 16 rows. Strong sturdy stalks from 7 to 7½ feet. Resists smog and smut.
  • Silver Queen. 88 days. Very sweet, tender, snow-white kernels; ears 8 to 9 inches long with 14 to 16 rows. Holds for several days without losing quality. The stalk grows 7½ to 8 feet tall. Widely adapted. Resists bacterial wilt and Stewart’s wilt.
  • Breeder’s Choice. 73 days. Extra sweet, tender, creamy, light yellow kernels. Stays sweet for 10 to 14 days after reaching maturity. Most stalks bear two ears, 16 to 18 full rows. Plant to 7 feet.
  • Concord (Also called Moore’s Early Concord). Tender, sweet, bicolor kernels. Ears 6 to 8 inches long with 12 to 16 rows. Stalks to 5 feet. Early harvest.

Some of the popular Indian varieties are Himalayan 123, Sona, Kisan, Ganga-1, Ganga-101, Ranjit, Ganga-5, Ganga-Safed-2, etc. Additionally, some of the high-yielding varieties are Vijay, Kisan, NLD White, and Naveen.

Agroclimatic Condition for Corn Farming

Maize does well in a wide range of climatic conditions. Generally, you can grow it in tropical as well as temperate regions, from sea levels up to altitudes of 2500m. It is however susceptible to frost at all stages of its growth.

Maize needs 450 to 600 mm of water per season, which is mainly acquired from the soil moisture reserves. Generally, corn grows well under temperatures varying from 22 to 30°C.

Suitable Soil for Corn Farming

You can grow corn successfully in a variety of soils ranging from loamy sand to clay loam. However, soils with good organic matter content having high water holding capacity with neutral pH are good for higher productivity.

Read:   How To Take Soil Samples For Analysis?

Being a sensitive crop to moisture stress particularly excess soil moisture and salinity stresses; it is desirable to avoid low-lying fields having poor drainage and also the field having higher salinity. Therefore, you must select the fields having provision for proper drainage for the cultivation of maize.

Commercial Corn Farming Cultivation Steps

1. seed & sowing.

You must select seeds that are insect, pest, and disease-free. In addition, you must procure seeds that are free from weed seeds. Purchase the seeds from reliable sources. Seeds must ensure high germination percentage.

To protect the maize crop from seed and major soil-borne diseases and insect pests, seed treatment with fungicides and insecticides before sowing is advisable. Additionally, you must sow the seed with dibbling or drilling methods. It is depending on the purpose of sowing, type of maize, varieties, and farm condition.

To achieve higher productivity and resource-use efficiencies optimum plant stand is the key factor. The seed rate varies depending on the purpose, seed size, plant type, season, sowing methods, etc.

2. Manuring

The rate of nutrient application depends mainly on soil nutrient status/balance and cropping system. For obtaining desirable yields, the doses of applied nutrients should be matched with the soil supplying capacity and plant demand by keeping in view the preceding crop (cropping system). Therefore, you must go for a site-specific nutrient management approach.

3. Irrigation

The irrigation water management depends on the season. Because about 80 % of maize is cultivated during the monsoon season, particularly under rainfed conditions. However, in areas with assured irrigation facilities available, depending upon the rains and moisture-holding capacity of the soil, you must apply irrigation as and when required by the crop. Additionally, you must apply the first irrigation very carefully wherein water should not overflow on the ridges/beds.

4. Weed Control

Weeds are a serious problem in maize. Basically, weeds compete with maize for nutrients and cause yield loss of up to 35 %. Therefore, you must go for timely weed management for achieving a higher yield. Atrazine is a selective and broad-spectrum herbicide in maize that checks the emergence of a wide spectrum of weeds.

5. Corn Plant Protection

Leaf blight is the potential disease of corn. And you must be careful about that. Additionally, some of the potential harmful pests are stem borers, red hairy caterpillars, Aphids, grasshoppers, and termites. Arrange the specific plant protection resources for your corn farm.

6. Harvesting of Corn Produce

You can harvest the corn crop sown for grain when the grains are nearly dry and do not contain more than 20% moisture. Maize grown for fodder should be harvested at the milk to early dough stage; the earlier harvested crop is likely to yield less and has a lower protein content. For silage, however, the late dough is preferred. Both power and hand-operated low-priced maize shellers are available indigenously. These shellers are considerably more efficient than hand shelling or beating with sticks.

corn farming business plan

About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.

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Cornell CALS - College of Agriculture and Life Sciences

12: Business Plans

What is a business plan.

A business plan is a document that helps you to organize and succinctly summarize the vision you have for your business. The plan contains the operational and financial objectives of a business, the detailed plans and budgets showing how the objectives are to be realized.

A good business plan will contain the following:

  • Your business vision, mission statement, key values, and goals
  • Description of the product(s) you intend to produce
  • Strengths, Weaknesses, Opportunities and Threats the business may experience are described
  • Production plans
  • Marketing plans
  • Estimated start-up costs
  • Information on your legal structure and management team
  • Current financial statements or projected financial statements.
  • Resume or brief explanation of your background and relevant experience
  • Less than 10 total pages so that people actually read it

Helpful Publications for Writing a Business Plan

General Business Resource Publications:

  • Starting an Ag-Business? A Pre-Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2004/Cornell_AEM_eb0408.pdf
  • Business Transfer Guide: Junior Generation http://publications.dyson.cornell.edu/outreach/extensionpdf/2016/Cornell-Dyson-eb1605.pdf
  • Producing a Business Plan for Value-Added Agriculture http://publications.dyson.cornell.edu/outreach/extensionpdf/2007/Cornell_AEM_eb0708.pdf
  • Business Planning for the Agriculture Sector: A Guide to Business Plan Development for Start-up to Mid-size Operations http://publications.dyson.cornell.edu/outreach/extensionpdf/2010/Cornell_ pdf
  • Building a Sustainable Business (Sustainable Agricultural Research Education (SARE)Publications) sare.org/publications/business.htm 280 pages of education and practical exercises to guide you through the financial, management, and interpersonal skills needed to start a successful farm business. Order hard copy for $17 or download PDF online for free.

Cornell Cooperative Extension Publications for Specific Commodities:

  • Landscape Business Planning Guide http://publications.dyson.cornell.edu/outreach/extensionpdf/2003/Cornell_AEM_eb0313.pdf
  • Writing a Business Plan: A Guide for Small Premium Wineries http://publications.dyson.cornell.edu/outreach/extensionpdf/2002/Cornell_AEM_eb0206.pdf
  • Writing a Business Plan: An Example for a Small Premium Winery https://ageconsearch.umn.edu/bitstream/122203/2/Cornell_AEM_eb0207.pdf

Getting Help Writing a Business Plan

corn farming business plan

Free Agriculture Sample Business Plan PDF + How to Write

Elon Glucklich

Elon Glucklich

6 min. read

Updated February 7, 2024

Free Download:  Agriculture Business Plan Template

As a farmer, you’re in the business of putting food on the table. Agriculture is one of the world’s oldest professions.

Today it accounts for over 5% of U.S. Gross Domestic Product, and 1 in 10 American workers are in agriculture, food, and related industries.

But starting a new agriculture business requires intensive planning and upfront preparation. If you’re looking for a free, downloadable agriculture sample business plan PDF to help you create a business plan of your own, look no further.

Keep in mind that you don’t need to find a sample business plan that exactly matches your farm. Whether you’re launching a larger agricultural business outside a bustling city or a smaller organic operation, the details will be different, but the foundation of the plan will be the same. 

Are you writing a business plan for your farm because you’re seeking a loan? Is your primary concern outlining a clear path for sales growth? Either way, you’re going to want to edit and customize it so it fits your particular farm. 

No two agriculture farming businesses are alike.

For example, your strategy will be very different if you’re a dairy operation instead of a soybean farm. So take the time to create your own financial forecasts and do enough market research for your specific type of agriculture so you have a solid plan for success. 

  • What should you include in an agriculture farm business plan?

Your agriculture business plan doesn’t need to be hundreds of pages—keep it as short and focused as you can. You’ll probably want to include each of these sections: 

1. Executive summary

An overview of your agriculture business, with a brief description of your products or services, your legal structure, and a snapshot of your future plans. While it’s the first part of the plan, it’s often easier to write your executive summary last.

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2. Business summary and funding needs

Details about your farming operation, including how much capital you will need and the types of funding you’re considering. Include your business history, your current state, and your future projections. It should also cover your business location, the equipment and facilities needed, and the kinds of crops or livestock you plan to raise.

3. Products and services

Provide details on the types of crops, farming methods, and any value-added products you plan to offer, such as finished goods or even  agritourism offerings .

4. Marketing plan

Compile your market research findings, including the demand for your products or services, your target customers , and your competitors. It should also outline your marketing strategy—how you plan to attract and retain customers. 

5. Financial plan

Your revenue projections, cost estimates, and break-even analysis. Your financial plan and forecasts should demonstrate that your business has a path to profitability.

  • Building on your farm business plan sample

With a free agriculture business plan template as your starting point, you can start chipping away at the unique elements of your business plan.

As the business owner, only you can speak to aspects of your agriculture operation like your mission and core values.

You’re putting in the long hours to start a thriving farm business, so aspects of your mission – like a commitment to sustainable farming practices – will be best explained in your own words. Authenticity will help you connect with a growing market of consumers who value transparency and environmental stewardship in their food sources.

As for more conventional aspects of business planning , you will want to take on things like your marketing and financial plans one at a time. Here are a few specific areas to focus on when writing your business plan.

Invest time in market research

Starting an agriculture operation requires significant startup costs. When you throw in the unique land use considerations involved, it’s crucial to conduct thorough market research before investing hundreds of thousands – or even millions – of dollars into a farm business.

Start by researching the types of farms operating in your locality and wider region, and the specific crops or livestock they specialize in. You will need to understand seasonal trends, including crop yields and livestock productivity.

Note the demographics of the local community to understand their buying habits and preference for local produce. Also, be aware of the competitive landscape and how your farm can differentiate itself from others. All of this information will inform your service, pricing, marketing, and partnership strategy.

From there, you can outline how you plan to reach your target market and promote your farm’s offerings.

Craft your agriculture go-to-market strategy

One of the things that makes an agriculture farm business plan different from some service-based business plans is that you might decide to work only with one or two businesses that purchase your goods.  

You may offer different tiers of products to different types of buyers, such as produce for an organic farmers market, and corn for another farm’s animal feed. If that’s the case, make sure you include ideas like setting aside land for organic growth and maintenance.

Discuss your advertising and promotional strategies, emphasizing channels relevant to your target market. Also, consider how partnerships with local businesses, farmers’ markets, and other industry stakeholders can enhance your visibility.

Include your pricing strategy and any special promotions or loyalty programs. Also, consider public relations and media outreach efforts that can raise awareness about your farm and its sustainable practices.

Prepare for unique farming challenges

Running an agricultural business comes with its own set of challenges, including weather-related disruptions and market volatility. Your business plan should identify these potential risks and present contingency plans to address them.

Include a plan to mitigate weather-related risks, such as crop diversification, employing weather-resistant farming practices, investing in appropriate infrastructure like greenhouses or drainage systems, or taking out insurance to cover weather-related losses.

Detail the operational aspects of your business , including land ownership, employee status, farm maintenance, and safety requirements. Also, illustrate your strategies for managing crop production, livestock care, land stewardship, and regulatory compliance.

Plan for the future

Contingency planning is important in all businesses.

But the unique challenges in agriculture of changing market dynamics, regulatory changes, and climate impacts make it especially necessary to plan for the future. Detail how you’ll measure success, and how you will be prepared to adapt your offerings if you need to change the focus of the business due to factors outside your control.

Also, be ready to discuss opportunities for scaling your business over time, such as introducing new crops, expanding farm operations, or opening additional locations.

  • Get started with your farm business plan sample

There are obviously plenty of reasons farm owners can benefit from writing a business plan — for example, you’ll need one if you’re seeking a loan or investment. Even if you’re not seeking funding, the process of thinking through every aspect of your business will help you make sure you’re not overlooking anything critical as you grow.

Download this  agriculture farm sample business plan PDF  for free right now, or visit  Bplans’ gallery of more than 550 sample business plans  if you’re looking for more options.

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Content Author: Elon Glucklich

Elon is a marketing specialist at Palo Alto Software, working with consultants, accountants, business instructors and others who use LivePlan at scale. He has a bachelor's degree in journalism and an MBA from the University of Oregon.

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How to Start a Farm: Plan Your Operation

Think about your operation from the ground up and start planning for your business.  A good farm business plan is your roadmap to start-up, profitability, and growth, and provides the foundation for your conversation with USDA about how our programs can complement your operation. 

Keep reading about planning your business below, get an overview of the beginning farmer's journey , or jump to a different section of the farmer's journey.

On This Page

Why you need a farm business plan.

A comprehensive business plan is an important first step for any size business, no matter how simple or complex. You should create a strong business plan because it:

  • Will help you get organized . It will help you to remember all of the details and make sure you are taking all of the necessary steps.
  • Will act as your guide . It will help you to think carefully about why you want to farm or ranch and what you want to achieve in the future. Over time, you can look back at your business plan and determine whether you are achieving your goals.
  • Is required to get a loan . In order to get an FSA loan, a guarantee on a loan made by a commercial lender, or a land contract, you need to create a detailed business plan . Lenders look closely at business plans to determine if you can afford to repay the loan.

How USDA Can Help

Whether you need a good get-started guide, have a plan that you would like to verify, or have a plan you’re looking to update for your next growth phase, USDA can help connect you to resources to help your decisions.

Your state's beginning farmer and rancher coordinator  can connect you to local resources in your community to help you establish a successful business plan. Reach out to your state's coordinator for one-on-one technical assistance and guidance. They can also connect you with organizations that specifically serve beginning farmers and ranchers.

It is important to know that no single solution fits everyone, and you should research, seek guidance, and make the best decision for your operation according to your own individual priorities.

Build a Farm Business Plan

There are many different styles of business plans. Some are written documents; others may be a set of worksheets that you complete. No matter what format you choose, several key aspects of your operation are important to consider.

Use the guidelines below to draft your business plan. Answering these kinds of questions in detail will help you create and develop your final business plan. Once you have a business plan for your operation, prepare for your visit to a USDA service center. During your visit, we can help you with the necessary steps to register your business and get access to key USDA programs.

Business History

Are you starting a new farm or ranch, or are you already in business? If you are already in business:

  • What products do you produce?
  • What is the size of your operation?
  • What agricultural production and financial management training or experience do you, your family members, or your business partners have?
  • How long have you been in business?

Mission, Vision, and Goals

This is your business. Defining your mission, vision and goals is crucial to the success of your business. These questions will help provide a basis for developing other aspects of your business plan.

  • What values are important to you and the operation as a whole?
  • What short- and long-term goals do you have for your operation?
  • How do you plan to start, expand, or change your operation?
  • What plans do you have to make your operation efficient or more profitable ?
  • What type of farm or ranch model (conventional, sustainable, organic, or alternative agricultural practices) do you plan to use?

Organization and Management

Starting your own business is no small feat. You will need to determine how your business will be structured and organized, and who will manage (or help manage) your business. You will need to be able to convey this to others who are involved as well.

  • What is the legal structure of your business? Will it be a sole proprietorship, partnership, corporation, trust, limited liability company, or other type of entity?
  • What help will you need in operating and managing your farm or ranch?
  • What other resources, such as a mentor or community-based organization , do you plan to use?

Marketing is a valuable tool for businesses. It can help your businesses increase brand awareness, engagement and sales. It is important to narrow down your target audience and think about what you are providing that others cannot.

  • What are you going to produce ?
  • Who is your target consumer ?
  • Is there demand for what you are planning to produce?
  • What is the cost of production?
  • How much will you sell it for and when do you expect to see profit ?
  • How will you get your product to consumers ? What are the transportation costs and requirements?
  • How will you market your products?
  • Do you know the relevant federal, state, and local food safety regulations? What licensing do you need for your operation?

Today there are many types of land, tools, and resources to choose from. You will need to think about what you currently have and what you will need to obtain to achieve your goals.

  • What resources do you have or will you need for your business?
  • Do you already have access to farmland ? If not, do you plan to lease, rent, or purchase land?
  • What equipment do you need?
  • Is the equipment and real estate that you own or rent adequate to conduct your operation? If not, how do you plan to address those needs?
  • Will you be implementing any conservation practices to sustain your operation?
  • What types of workers will you need to operate the farm?
  • What additional resources do you need?

Now that you have an idea of what you are going to provide and what you will need to run your operation you will need to consider the finances of your operation.

  • How will you finance the business?
  • What are your current assets (property or investments you own) and liabilities (debts, loans, or payments you owe)?
  • Will the income you generate be sufficient to pay your operating expenses, living expenses, and loan payments?
  • What other sources of income are available to supplement your business income?
  • What business expenses will you incur?
  • What family living expenses do you pay?
  • What are some potential risks or challenges you foresee for your operation? How will you manage those risks?
  • How will you measure the success of your business?

Farm Business Plan Worksheets

The Farm Business Plan Balance Sheet can help gather information for the financial and operational aspects of your plan.

Form FSA-2037 is a template that gathers information on your assets and liabilities like farm equipment, vehicles and existing loans.

  • FSA-2037 - Farm Business Plan - Balance Sheet
  • FSA-2037 Instructions

Planning for Conservation and Risk Management

Another key tool is a conservation plan, which determines how you want to improve the health of your land. A conservation plan can help you lay out your plan to address resource needs, costs and schedules.

USDA’s Natural Resources Conservation Service (NRCS) staff are available at your local USDA Service Center to help you develop a conservation plan for your land based on your goals. NRCS staff can also help you explore conservation programs and initiatives, such as the Environmental Quality Incentives Program (EQIP) .

Conservation in Agriculture

Crop insurance, whole farm revenue protection and other resources can help you prepare for unforeseen challenges like natural disasters.

Disaster Recovery

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Special Considerations

Special considerations for businesses.

There are different types of farm businesses each with their own unique considerations. Determine what applies to your operation.

  • Organic Farming  has unique considerations. Learn about organic agriculture , organic certification , and the  Organic Certification Cost Share Program  to see if an organic business is an option for you. NRCS also has resources for organic producers and offers assistance to develop a conservation plan.
  • Urban Farming  has special opportunities and restrictions. Learn how USDA can help farmers in urban spaces .
  • Value-Added Products . The Agricultural Marketing Resource Center (AgMRC) is a national virtual resource center for value-added agricultural groups.
  • Cooperative.  If you are interested in starting a cooperative, USDA’s Rural Development Agency (RD) has helpful resources to help you begin . State-based  Cooperative Development Centers , partially funded by RD, provide technical assistance and education on starting a cooperative.

Special Considerations for Individuals

Historically Underserved Farmers and Ranchers: We offer help for the unique concerns of producers who meet the USDA definition of "historically underserved,"  which includes farmers who are:

  • socially disadvantaged
  • limited resource
  • military veterans

Women: Learn about specific incentives, priorities, and set asides for  women in agriculture within USDA programs.

Heirs' Property Landowners: If you inherited land without a clear title or documented legal ownership, learn how USDA can help Heirs’ Property Landowners gain access to a variety of programs and services

Business Planning

Creating a good business plan takes time and effort. The following are some key resources for planning your business.

  • Farm Answers from the University of Minnesota features a library of how-to resources and guidance, a directory of beginning farmer training programs, and other sources of information in agriculture. The library includes business planning guides such as a Guide to Developing a Business Plan for Farms and Rural Businesses and an Example Business Plan .
  • The Small Business Administration (SBA) offers information about starting, managing, and transitioning a business.

SCORE is a nonprofit organization with a network of volunteers who have experience in running and managing businesses. The Score Mentorship Program partners with USDA to provide:

  • Free, local support and resources, including business planning help, financial guidance, growth strategies.
  • Mentorship through one-on-one business coaching -- in-person, online, and by phone.
  • Training from subject matter experts with agribusiness experience.
  • Online resources and step-by-step outlines for business strategies.
  • Learn more about the program through the Score FAQ .

Training Opportunities

Attend field days, workshops, courses, or formal education programs to build necessary skills to ensure you can successfully produce your selected farm products and/or services. Many local and regional agricultural organizations, including USDA and Cooperative Extension, offer training to beginning farmers.

  • Cooperative Extension  offices address common issues faced by agricultural producers, and conduct workshops and educational events for the agricultural community.
  • extension.org  is an online community for the Cooperative Extension program where you can find publications and ask experts for advice.

Now that you have a basic plan for your farm operation, prepare for your visit to a USDA service center.

2. Visit Your USDA Service Center

How to Start a Farm with USDA

Get an  overview of the beginning farmer's journey  or jump to a specific page below.

Find Your Local Service Center

USDA Service Centers are locations where you can connect with Farm Service Agency, Natural Resources Conservation Service, or Rural Development employees for your business needs. Enter your state and county below to find your local service center and agency offices. If this locator does not work in your browser, please visit offices.usda.gov.

Learn more about our Urban Service Centers . Visit the Risk Management Agency website to find a regional or compliance office  or to find an insurance agent near you.

Financial Model, Business Plan and Dashboard Templates - FinModelsLab

How To Write a Business Plan for Boiled Corn Farming in 9 Steps: Checklist

By henry sheykin, resources on boiled corn farming.

  • Financial Model
  • Business Plan
  • Value Proposition
  • One-Page Business Plan
  • SWOT Analysis
  • Business Model
  • Marketing Plan

Welcome to our blog post on How to Write a Business Plan for Boiled Corn Farming in 9 Steps: Checklist. If you're interested in starting a boiled corn farming business, you're joining a growing industry that plays an important role in promoting sustainable agriculture and supporting local food economies. According to the latest statistics, the boiled corn farming industry in the US has experienced a steady growth rate of X% over the past X years.

To kickstart your venture, it's crucial to begin with thorough market research. This step will help you understand consumer preferences, demand, and pricing trends in the boiled corn market. By identifying your target audience, you can tailor your product and marketing strategies to meet their specific needs and preferences.

In any business, understanding your competition is key to success. Assessing the competitor landscape will allow you to identify what sets your boiled corn farming business apart and how you can differentiate yourself in the market. By offering unique flavors, innovative packaging options, or partnering with local eateries, you can attract customers and stand out from the crowd.

Before diving headfirst into boiled corn farming, it's important to determine the feasibility and profitability of your business. Assessing factors such as production costs, potential sales volume, and market demand will help you gauge the viability of your venture and make informed business decisions.

Once you've laid the groundwork, it's time to identify the necessary resources and equipment needed for boiled corn farming. This may include land, seeds, machinery, and labor. Creating a comprehensive budget will help you allocate your financial resources effectively and plan for any necessary investments.

A solid marketing and sales strategy is crucial for attracting customers and generating sales. Consider different methods of promoting your boiled corn, such as online advertising, social media marketing, or partnering with local farmers markets and roadside stands. Tailoring your strategy to reach your target audience will help maximize your reach and sales potential.

To ensure the smooth and efficient operation of your boiled corn farming business, create a detailed operational plan. This includes outlining tasks, responsibilities, and timelines for planting, harvesting, packaging, and distribution. Having a clear plan in place will help you stay organized and ensure that your operations run smoothly.

Finally, be sure to gather all necessary legal and regulatory information specific to boiled corn farming in your area. This may include obtaining permits, licenses, and complying with food safety regulations. Ensuring that you have all the necessary paperwork in order will help you operate your business legally and avoid any potential issues.

By following these 9 steps and completing the checklist, you'll be well on your way to writing a comprehensive business plan for your boiled corn farming business. Whether you're a seasoned farmer or new to the agricultural industry, careful planning will lay the foundation for a successful and profitable venture.

Conduct Market Research

Conducting market research is an essential first step when starting a boiled corn farming business. It provides valuable insights into the industry, market trends, and customer preferences, allowing you to make informed decisions and develop a solid business plan. Here are some important considerations for conducting effective market research:

  • Identify your target market: Determine the specific demographic you will be targeting with your boiled corn products. This could include factors such as age, gender, location, and lifestyle. Understanding your target market will help tailor your products and marketing strategies to their preferences.
  • Analyze customer preferences: Research the taste preferences, flavor preferences, and packaging preferences of your target market. This will help you understand what flavors and packaging options are in demand, allowing you to differentiate yourself from competitors and attract more customers.
  • Study the competition: Identify and analyze existing boiled corn farms and other competitors in your target market. Determine their strengths, weaknesses, and unique selling points. This information will help you position your business and develop strategies to stand out in the market.
  • Assess market trends: Stay up to date with current market trends in the boiled corn industry. This could include trends in flavors, packaging, sustainability, or any other factors that may impact consumer preferences and purchasing behavior. Adapting to market trends will help you stay competitive and meet the evolving needs of your customers.

Tips for conducting market research

  • Utilize online surveys or questionnaires to collect customer feedback and preferences.
  • Attend farmers markets and roadside stands to observe customer behavior and gather information on competitors.
  • Join industry associations or organizations to network with other farmers and gain valuable insights and resources.
  • Stay updated with agricultural publications, websites, and blogs to stay informed about industry news and trends.

Define Your Target Audience

Defining your target audience is a crucial step in the business planning process for boiled corn farming. By identifying and understanding your ideal customers, you can tailor your marketing and sales strategies to effectively reach and engage them. Here are some important considerations when defining your target audience:

  • Demographics: Start by examining the demographic characteristics of your potential customers. This includes factors like age, gender, income, location, and lifestyle. Understanding these details will help you tailor your product and marketing messages to resonate with your target audience.
  • Preferences and Needs: Determine what specific needs or preferences your target audience has when it comes to buying boiled corn. Do they prioritize organic and locally sourced products? Are they looking for unique flavors or packaging options? By identifying these preferences, you can position your boiled corn farm to cater to those specific needs.
  • Market Segmentation: It's important to segment your audience based on different characteristics or behaviors. For example, you may have a segment of health-conscious consumers who prefer low-salt or gluten-free corn. By identifying these segments, you can create targeted marketing campaigns and develop specialized products to appeal to each group.
  • Competitor Analysis: Analyze your competitors' target audience to gain insights into their customer base. This can help you identify any untapped market segments or areas where you can differentiate your boiled corn farm.
  • Conduct surveys or interviews with potential customers to gather firsthand insights into their preferences and needs.
  • Utilize social media platforms and online forums to engage with your target audience and gain a deeper understanding of their interests.
  • Consider collaborating with local chefs or food influencers who can help promote your boiled corn farm to their followers.

Assess Competitor Landscape

Before starting a boiled corn farming business, it is crucial to assess the competitor landscape in your target market. Understanding your competitors' strengths, weaknesses, and market positioning can help you make informed decisions and develop strategies to differentiate your product and attract customers.

Here are some important steps to assess the competitor landscape:

  • Identify your direct competitors: Research and identify other farmers or businesses in your area that are selling boiled corn. Visit farmers markets, roadside stands, and other relevant platforms to gather information about their offerings, prices, and customer engagement.
  • Analyze their products and services: Examine the quality, flavor, and presentation of your competitors' boiled corn. Look for unique flavors, packaging options, or innovative cooking methods that may attract customers.
  • Study pricing strategies: Analyze your competitors' pricing structure and compare it with the value they offer. Assess whether they charge premium prices for certain varieties or if they offer discounts during specific periods.
  • Evaluate marketing and sales tactics: Explore how your competitors promote their boiled corn. Look for their online presence, social media engagement, and customer reviews. Evaluate the effectiveness of their marketing campaigns and identify areas where you can improve or differentiate.
  • Assess customer feedback and satisfaction: Pay attention to customer reviews and feedback regarding your competitors' products. Identify common areas of strengths and weaknesses mentioned by customers to understand the key drivers of customer satisfaction and loyalty.
  • Identify gaps and opportunities: Based on your analysis, identify any gaps or opportunities in the competitor landscape. Look for potential niches or untapped markets that you can target with your boiled corn farming business. Assess opportunities to differentiate your product through unique flavors, packaging, or partnerships with local restaurants or caterers.
  • Visit farmers markets and roadside stands during different days and times to gather comprehensive information about competitors.
  • Engage with customers at these locations to gather insights about their preferences and experiences with competitors.
  • Consider conducting mystery shopping to experience your competitors' products firsthand and gain valuable insights.
  • Create a spreadsheet or document to track and analyze your findings, allowing you to easily compare and refer back to competitor information.

Determine The Feasibility And Profitability Of Boiled Corn Farming

Before embarking on a new venture, it is essential to evaluate the feasibility and profitability of boiled corn farming. This step will help you assess the viability of your business idea and make informed decisions. Here are some important factors to consider:

  • Market Demand: Conduct thorough market research to understand the demand for boiled corn in your target area. Look for trends, customer preferences, and potential competition. Identifying a sufficient demand for your product is crucial for long-term profitability.
  • Price Analysis: Analyze the pricing of boiled corn in the market. Determine a competitive price point that allows you to cover production costs while remaining attractive to customers. Consider factors such as ingredient costs, labor, packaging, and transportation.
  • Seasonality and Yield: Take into account the seasonality of corn farming and the expected yield per acre. Understanding these factors will help you estimate your annual production capacity and plan your sales accordingly.
  • Cost Analysis: Evaluate the expenses associated with boiled corn farming, including land acquisition or lease, seeds, fertilizers, equipment, labor, packaging materials, marketing, and administrative costs. Calculate the break-even point and ensure that the business can generate sufficient profits to cover all these expenses.
  • Financial Projections: Develop realistic financial projections for your boiled corn farming business. Estimate your revenue based on the potential market demand, pricing, and sales volume. Deduct your production costs and other expenses to calculate your net profit. It is essential to ensure a positive cash flow and a reasonable return on investment.

Tips for determining feasibility and profitability:

  • Consider starting small and gradually scaling up your boiled corn farming operation to manage risks effectively.
  • Seek advice from experienced corn farmers or industry professionals who can provide insights into the local market.
  • Explore potential partnerships with local restaurants or caterers to enhance your business's visibility and profitability.
  • Stay updated with industry trends, consumer preferences, and emerging technologies to remain competitive in the market.

Identify The Required Resources And Equipment

Before starting your boiled corn farming business, it is crucial to identify and acquire the necessary resources and equipment. These essential tools will enable you to efficiently grow, harvest, process, and sell your corn products. Here are some key resources and equipment you need to consider:

  • Land: Determine the amount of land required based on your anticipated corn production. Consider factors like soil quality, drainage, and accessibility to ensure optimal growing conditions.
  • Seeds: Choose high-quality corn seeds that are suitable for boiling. Consider factors like taste, texture, and disease resistance to ensure a successful crop.
  • Farming Tools: Invest in basic farming tools such as shovels, rakes, hoes, and irrigation equipment to maintain your corn field and ensure proper watering.
  • Harvesting Equipment: Acquire harvesting equipment like corn pickers, wagons, or small tractors with corn attachments to efficiently gather your crop.
  • Processing Tools: If you plan to offer unique flavors or packaging options, consider acquiring tools like corn boilers, cutting boards, knives, and packaging materials.
  • Storage Facilities: Depending on the scale of your operation, you may need storage facilities such as sheds, barns, or refrigeration units to store harvested corn and corn products.
  • Transportation: Identify reliable transportation options to deliver your corn products to farmers markets, roadside stands, or potential partners like restaurants or caterers.
  • Consider purchasing used equipment or leasing to reduce initial costs.
  • Regularly maintain and repair your equipment to ensure longevity and efficiency.
  • Explore local agricultural organizations or networks that offer equipment sharing or rental programs.
  • Stay updated with technological advancements in farm equipment to improve productivity and reduce labor costs.

By considering and acquiring the necessary resources and equipment, you will be well-prepared to start and operate your boiled corn farming business with efficiency, ensuring a smooth production process from field to market.

Establish A Budget

Establishing a budget is a crucial step in planning your boiled corn farming business. It allows you to determine the financial resources required to start and operate your venture successfully. Here are some important considerations when creating your budget:

  • Calculate your initial investment costs: This includes expenses such as land acquisition or lease, equipment purchase or rental, seed and fertilizer costs, as well as any necessary permits or licenses.
  • Estimate your ongoing operational expenses: These may include labor costs, irrigation and utility expenses, maintenance and repair costs for equipment, packaging materials, and any other recurring costs specific to your boiled corn farming operation.
  • Budget for marketing and advertising: Allocate funds for promoting your business and attracting customers. Consider expenses such as signage, brochures, online marketing campaigns, and participation fees for farmers markets or local events.
  • Include contingencies in your budget: Unforeseen expenses can arise, so it's important to set aside a portion of your budget for unexpected costs or emergencies.

Tips for Establishing a Budget:

  • Research and compare prices for equipment and supplies from multiple vendors to ensure you get the best deals.
  • Consider seeking professional advice from an accountant or financial advisor with experience in the agricultural industry.
  • Monitor and track your actual expenses regularly to ensure you stay within budget and adjust as needed.
  • Take advantage of local or government programs that may offer grants, incentives, or low-interest loans for agricultural businesses.

By establishing a well-planned budget, you can gain a realistic understanding of the financial requirements for your boiled corn farming business. This will enable you to make informed decisions, manage your resources effectively, and lay the foundation for a financially sustainable venture.

Develop A Marketing And Sales Strategy

Once you have determined the feasibility and profitability of boiled corn farming, it is crucial to develop a robust marketing and sales strategy that will effectively promote and sell your product. Here are some key steps to consider:

  • Identify your target market: Determine who your ideal customers are and understand their preferences, needs, and buying behaviors. This will allow you to tailor your marketing efforts and product offerings to meet their specific demands.
  • Create a brand identity: Establish a distinct and memorable brand for your boiled corn farm that reflects your values and differentiates you from competitors. Develop a compelling brand story and a visually appealing logo and packaging that will attract customers.
  • Build an online presence: In today's digital age, it’s essential to have a strong online presence. Create a professional website and optimize it for search engines to enhance visibility. Leverage social media platforms to engage with your target audience, share updates and promotions, and build a community around your brand.
  • Utilize traditional advertising: Consider utilizing traditional advertising methods such as newspapers, local magazines, radio, or television to reach potential customers who may not be active online. Choose advertising channels that align with your target market's interests and reading habits.
  • Partnerships and collaborations: Explore partnerships with local restaurants, caterers, or food trucks to showcase your boiled corn in their menus. Connect with event organizers to participate in food festivals, fairs, or community events, allowing you to reach a wider audience.
  • Offer unique flavors or packaging options: Differentiate yourself from competitors by offering unique flavors or packaging options that set your boiled corn apart. Experiment with seasonings, spices, or different cooking techniques to create a diverse range of flavors that cater to various tastes.
  • Provide exceptional customer service: Go the extra mile to provide outstanding customer service. Engage with your customers, address their concerns promptly, and consistently deliver a high-quality product. Positive word-of-mouth referrals can significantly boost your sales.

Tips for developing an effective marketing and sales strategy:

  • Regularly analyze and measure the results of your marketing efforts to identify what strategies are working and adjust accordingly.
  • Acknowledge the power of online reviews and testimonials. Encourage satisfied customers to leave positive reviews on platforms like Google My Business or Yelp.
  • Engage with your local community by sponsoring events or participating in charitable initiatives. This will enhance your brand's reputation and build trust among potential customers.
  • Consider offering loyalty programs or special promotions to incentivize repeat purchases and attract new customers.
  • Stay up-to-date with industry trends and adapt your marketing and sales strategies accordingly. Keep an eye on new competitors and emerging market opportunities.

Create A Detailed Operational Plan

Creating a detailed operational plan is essential for the success of your boiled corn farming business. This plan will serve as a roadmap, outlining the tasks, processes, and procedures required to efficiently run your farm and meet your production goals. Consider the following key elements when developing your operational plan:

  • Production Strategy: Define your farming methods, such as crop rotation, pest management, and irrigation techniques. Determine the planting schedule, harvest timeline, and projected yield.
  • Supply Chain Management: Establish relationships with reliable suppliers of seeds, fertilizers, and other necessary inputs. Plan for efficient inventory management and timely restocking.
  • Quality Control: Develop quality control measures to ensure that your corn meets food safety standards. Implement regular inspections, testing, and record-keeping procedures to maintain the highest product quality.
  • Worker Management: Determine your labor needs and create a plan to recruit, train, and manage your workforce effectively. Clearly define roles and responsibilities, and establish protocols for employee safety and welfare.
  • Equipment and Facilities: Identify the machinery, tools, and infrastructure required for planting, harvesting, packaging, and storing your corn. Create a maintenance plan to keep your equipment in optimal condition.
  • Financial Management: Develop a system to track your expenses, revenue, and cash flow. Consider hiring a financial advisor or using accounting software to ensure accurate and efficient financial management.
  • Contingency Planning: Anticipate potential challenges, such as weather events or market fluctuations, and outline contingency plans to mitigate their impact on your operation. Prepare for risk management, including crop insurance and emergency protocols.
  • Regularly review and update your operational plan as your business evolves.
  • Seek advice from experienced farmers or industry experts to fine-tune your operational processes.
  • Implement sustainability practices, such as water conservation techniques or organic farming methods, to enhance the environmental impact of your business.

Gather Necessary Legal and Regulatory Information

When starting a boiled corn farming business, it is crucial to be aware of the legal and regulatory requirements that govern the industry. By understanding and adhering to these guidelines, you can ensure compliance, mitigate risks, and establish a solid foundation for your business. Here are the key steps to gather the necessary legal and regulatory information:

Research Local Laws and Regulations: Begin by researching the specific laws and regulations that apply to boiled corn farming in your local area. Contact your state's agriculture department or local county extension office for assistance and resources. Familiarize yourself with licensing, permits, zoning regulations, and any other legal requirements that may apply.

Obtain Necessary Permits and Licenses: Determine the permits and licenses you need to operate your boiled corn farming business legally. This may include a farm registration, food handling permits, health department approvals, and sales tax permits. Contact the relevant government agencies to understand the application process, associated fees, and renewal requirements.

Understand Food Safety Regulations: Food safety is of utmost importance in the boiled corn farming industry. Familiarize yourself with the local and federal food safety regulations, including handling, processing, and storage guidelines. Implement proper hygiene practices, establish a food safety plan, and conduct regular inspections to ensure compliance.

Comply with Labeling and Packaging Requirements: Review labeling and packaging requirements set by regulatory agencies. Ensure your packaging materials are safe and suitable for food contact. Clearly label your products with all necessary information, such as ingredients, nutritional facts, allergen warnings, and contact details.

Stay Informed on Environmental Regulations: Be aware of any environmental regulations that may impact your boiled corn farming operations. This may include guidelines on water usage, waste management, pesticide and fertilizer application, and conservation practices. Implement sustainable farming methods and seek guidance from environmental agencies or organizations.

  • Consult with legal professionals: Seek advice from an attorney or legal advisor specializing in agricultural law to ensure you fully understand the legal requirements and potential liabilities.
  • Maintain thorough records: Keep detailed records of permits, licenses, inspections, and any other legal documentation to demonstrate compliance and facilitate future renewals.
  • Stay updated: Regularly monitor legislative changes and updates in the agricultural and food industry to ensure ongoing compliance with evolving regulations.

Gathering the necessary legal and regulatory information may involve some time and effort, but it is an essential aspect of building a successful boiled corn farming business. By understanding and meeting the requirements, you can ensure the legality, safety, and sustainability of your operations, gaining the trust and loyalty of your customers.

In conclusion, writing a business plan for boiled corn farming involves several important steps to ensure success in this direct-to-consumer sales business model. By conducting thorough market research, defining target audiences, and assessing the competitor landscape, farmers can gain valuable insights to guide their business decisions. Evaluating feasibility and profitability, identifying required resources and equipment, and establishing a budget will help farmers plan for the necessary investments. Developing a marketing and sales strategy, creating a detailed operational plan, and gathering necessary legal and regulatory information are crucial for smooth business operations.

Boiled corn farmers can differentiate themselves in the market by offering unique flavors or packaging options, or by forming partnerships with local restaurants and caterers to expand their customer base. This business model not only promotes sustainable agriculture and strengthens the local food economy but also allows farmers to bypass middlemen and potentially earn higher profits.

By following the checklist of nine essential steps, farmers can create a comprehensive business plan that sets them up for success in the boiled corn farming industry. With careful planning, dedication, and a focus on delivering high-quality products to consumers, boiled corn farmers can thrive in this direct-to-consumer sales business model.

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corn farming business plan

Corn is one of the most versatile crops, with an enormous variety of uses. It can be eaten fresh or processed into corn oil, cornstarch, and other food additives. Corn has also been used for centuries to make ethanol fuel (although this use is controversial). And there’s also another exciting use: as a raw material in biodegradable plastic production.

Essentially, corn has several uses apart from food and starting a corn farm can be very profitable for you because of how versatile they are. If you want to start a corn farm business, here are some tips to help get started:

Register The Business And Secure The Premises

Before you can even think of growing your crop, you have to make sure that you are properly registered as a business. Next, you’ll also need to secure the premises where your farm will be set up because it’s important that your crops are protected from pests and other potential dangers. You can start with a smaller operation if you like (such as setting up one truck to deliver fresh corns to local food vendors), but it’s always better to aim big when growing any business.

Create a Business Plan

For most businesses, it’s a great idea to create a business plan. This is even more important when you’re just starting out and growing the business from scratch. If you can’t find out or predict the expected crop yield on your plan, we recommend you use the best crop yield calculator . A business plan covers all the key areas of your business, so it’s a great way to map out exactly what you want to accomplish with this venture. Your business plan will essentially be your roadmap or guide in setting up and running your farm, and it will also serve as an overview of your financial needs for your future operation.

Secure Funding for Operations

In order to secure funding for your operations , you can contact a local financial institution or apply for a venture capitalist. There are also grants that support small-scale agribusinesses, and if your farm is looking promising, you might be able to get some of those as well.  After your funding is in place, you can start buying the equipment and materials that you need to get started. A common mistake new business owners make when applying for a loan is not being prepared. Unfortunately, this often leads to rejection, and it’s a huge barrier when starting out, so you have to be very careful about how you present your business plan.

Take Climate Into Consideration

One of the key factors that you need to take into consideration is the climate where you’ll set up your farm. You should also consider how this will affect your yield and output so that you can plan accordingly. There are different types of corn, with some being more tolerant to a certain climate than others. This is why it’s also important to take into consideration your personal expertise in growing crops. Do you have any experience? What kind of resources do you have access to, like groundwater or irrigation systems? Is the land flat enough for proper drainage? For instance, if the climate will not be conducive for proper farming operations, it might be a good idea to switch to planting crops such as rice or peanuts.

Choose a Land and Soil Type

The location of your farm will also play a major role in how successful it is. For instance, if you plan on selling fresh corn to local food vendors, look for areas where there are large concentrations of people and businesses within easy reach. You can also connect with these businesses to see if they’ll be interested in having their supplies delivered to them on a regular basis. Make sure that you have enough land, so you can expand your business without any problems.

Most of all, it’s also important to take into consideration the soil type. Most of the time, it pays to choose quality over quantity when starting out because this will ensure that you get better yields in the long run. If you need help choosing the right land, it’s a good idea to seek out expert advice from people who have done this before, so they can give you tips on what to do and what not to do.

Get The Land Ready

Before you can start planting your crops, you need to get the land ready by tilling it first. Make sure that the soil is loose , so you can easily plant your seeds. Otherwise, this may have a negative impact on your overall output, and you might lose money because of that. You also need to consider whether or not there are enough nutrients in the soil and how acidic it is.

Keep in mind that planting and growing corn isn’t an easy task, and you will need to constantly monitor your crops for any problems or pests that might affect their growth. You’ll also need to make sure they get enough sunlight every day, so they can grow big and strong by getting at least 6 hours of sunlight most days of the week.

corn farming business plan

Plant The Seeds

The right time to start planting your seeds is usually during the optimum month for growing corn in your location. You should also make sure that you plant them about 1-2 inches deep and at least 18 inches apart from one another. This will ensure a good spacing between plants, so they can grow as big as possible. Keep in mind that corn has a relatively long growing season, which should be around 100-120 days.

Control Pest and Diseases

It’s a good idea to control pests and diseases by doing an inspection of the land first. You can do this by hiring a private company that offers this kind of service, or getting someone from the local government to inspect the land for you.  This will help you keep pests under control before they start spreading to other crops. Either way, it’s important that all these issues are taken care of, so you don’t lose money due to the lack of output.

For anyone who’s looking for a way to make money in today’s world, starting a corn farm business might be a perfect idea. Corn is one of the most popular crops around, and it can serve as an excellent source of income if you know how to grow them correctly. It also doesn’t require much land or start-up capital, which means that nearly everyone has access to this type of opportunity.

corn farming business plan

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corn farming business plan

How to write a business plan for a grain farm?

grain farm business plan

Putting together a business plan for a grain farm can be daunting - especially if you're creating a business for the first time - but with this comprehensive guide, you'll have the necessary tools to do it confidently.

We will explore why writing one is so important in both starting up and growing an existing grain farm, as well as what should go into making an effective plan - from its structure to content - and what tools can be used to streamline the process and avoid errors.

Without further ado, let us begin!

In this guide:

Why write a business plan for a grain farm?

What information is needed to create a business plan for a grain farm.

  • How do I build a financial forecast for a grain farm?

The written part of a grain farm business plan

  • What tool should I use to write my grain farm business plan?

Understanding the document's scope and goals will help you easily grasp its structure and content. Before diving into the specifics of the plan, let's take a moment to explore the key reasons why having a grain farm business plan is so crucial.

To have a clear roadmap to grow the business

It's rarely business as usual for small businesses. The economy follows cycles where years of growth are followed by recessions, and the business environment is always changing with new technologies, new regulations, new competitors, and new consumer behaviours appearing all the time...

In this context, running a business without a clear roadmap is like driving blindfolded: it's dangerous at best. That's why writing a business plan for a grain farm is essential to create successful and sustainable businesses.

To write an effective business plan, you will need to take stock of where you are (if you are already in business) and where you want the business to go in the next three to five years.

Once you know where you want your grain farm to be, you'll have to identify:

  • what resources (human, equipment, and capital) are needed to get there,
  • at what pace the business needs to progress to get there in time,
  • and what risks you'll face along the way.

Going through this process regularly is beneficial, both for startups and existing companies, as it helps make informed decisions about how best to allocate resources to ensure the long-term success of the business.

To anticipate future cash flows

Regularly comparing your actual financial performance to the projections in the financial forecast of your grain farm's business plan gives you the ability to monitor your business's financial health and make necessary adjustments as needed.

This practice allows you to detect potential financial issues, such as unexpected cash shortfalls before they escalate into major problems. Giving you time to find additional financing or put in place corrective measures.

Additionally, it helps you identify growth opportunities, like excess cash flow that could be allocated to launch new products and services or expand into new markets.

Staying on track with these regular comparisons enables you to make well-informed decisions about the amount of financing your business might require, or the excess cash flow you can expect to generate from your main business activities.

To secure financing

A detailed business plan becomes a crucial tool when seeking financing from banks or investors for your grain farm.

Investing and lending to small businesses are very risky activities given how fragile they are. Therefore, financiers have to take extra precautions before putting their capital at risk.

At a minimum, financiers will want to ensure that you have a clear roadmap and a solid understanding of your future cash flows (like we just explained above). But they will also want to ensure that your business plan fits the risk/reward profile they seek.

This will off-course vary from bank to bank and investor to investor, but as a rule of thumb. Banks will want to see a conservative financial management style (low risk), and they will use the information in your business plan to assess your borrowing capacity — the level of debt they think your business can comfortably handle — and your ability to repay the loan. This evaluation will determine whether they'll provide credit to your grain farm and the terms of the agreement.

Whereas investors will carefully analyze your business plan to gauge the potential return on their investment. Their focus lies on evidence indicating your grain farm's potential for high growth, profitability, and consistent cash flow generation over time.

Now that you recognize the importance of creating a business plan for your grain farm, let's explore what information is required to create a compelling plan.

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Writing a grain farm business plan requires research so that you can project sales, investments and cost accurately in your financial forecast.

In this section, we cover three key pieces of information you should gather before drafting your business plan!

Carrying out market research for a grain farm

Before you begin writing your business plan for a grain farm, conducting market research is a critical step in ensuring precise and realistic financial projections.

Market research grants you valuable insights into your target customer base, competitors, pricing strategies, and other crucial factors that can impact the success of your business.

In the course of this research, you may stumble upon trends that could impact your grain farm.

Your grain farm may have the potential to attract more customers who are interested in organic products. Market research could reveal that there is a growing trend of consumers who are interested in buying organic and sustainably-sourced produce. Market research might also indicate that there is a potential for increased sales from consumers who are looking for locally-sourced grain. This trend could be driven by a desire for fresher, more locally-produced food.

Such market trends play a pivotal role in revenue forecasting, as they provide essential data regarding potential customers' spending habits and preferences.

By integrating these findings into your financial projections, you can provide investors with more accurate information, enabling them to make well-informed decisions about investing in your grain farm.

Developing the marketing plan for a grain farm

Before delving into your grain farm business plan, it's imperative to budget for sales and marketing expenses.

To achieve this, a comprehensive sales and marketing plan is essential. This plan should provide an accurate projection of the necessary actions to acquire and retain customers.

Additionally, it will outline the required workforce to carry out these initiatives and the corresponding budget for promotions, advertising, and other marketing endeavours.

By budgeting accordingly, you can ensure that the right resources are allocated to these vital activities, aligning them with the sales and growth objectives outlined in your business plan.

The staffing and capital expenditure requirements of a grain farm

Whether you are starting or expanding a grain farm, it is important to have a clear plan for recruitment and capital expenditures (investment in equipment and real estate) in order to ensure the success of the business.

Both the recruitment and investment plans need to be coherent with the timing and level of growth planned in your forecast, and require appropriate funding.

A grain farm could incur staffing costs for hiring an experienced farm manager to oversee the operation of the farm, as well as additional workers to plant and harvest the crops. In addition, the farm could incur costs to purchase and maintain the necessary equipment such as tractors, combines, seeders, irrigators, and other tools necessary for successful grain production.

In order to create a realistic financial forecast, you will also need to consider the other operating expenses associated with running the business on a day-to-day basis (insurance, bookkeeping, etc.). 

Once you have all the necessary information to create a business plan for your grain farm, it is time to start creating your financial forecast.

What goes into your grain farm's financial forecast?

The financial forecast of your grain farm's business plan will enable you to assess the growth, profitability, funding requirements, and cash generation potential of your business in the coming years.

The four key outputs of a financial forecast for a grain farm are:

  • The profit and loss (P&L) statement ,
  • The projected balance sheet ,
  • The cash flow forecast ,
  • And the sources and uses table .

Let's look at each of these in a bit more detail.

The projected P&L statement

Your grain farm forecasted P&L statement enables the reader of your business plan to get an idea of how much revenue and profits your business is expected to make in the near future.

forecasted profit and loss statement in a grain farm business plan

Ideally, your reader will want to see:

  • Growth above the inflation level
  • Expanding profit margins
  • Positive net profit throughout the plan

Expectations for an established grain farm will of course be different than for a startup. Existing businesses which have reached their cruising altitude might have slower growth and higher margins than ventures just being started.

The projected balance sheet of your grain farm

The balance sheet for a grain farm is a financial document that provides a snapshot of your business’s financial health at a given point in time.

It shows three main components: assets, liabilities and equity:

  • Assets: are resources owned by the business, such as cash, equipment, and accounts receivable (money owed by clients).
  • Liabilities: are debts owed to creditors and other entities, such as accounts payable (money owed to suppliers) and loans.
  • Equity: includes the sums invested by the shareholders or business owners and the cumulative profits and losses of the business to date (called retained earnings). It is a proxy for the value of the owner's stake in the business.

example of projected balance sheet in a grain farm business plan

Examining the balance sheet is important for lenders, investors, or other stakeholders who are interested in assessing your grain farm's liquidity and solvency:

  • Liquidity: assesses whether or not your business has sufficient cash and short-term assets to honour its liabilities due over the next 12 months. It is a short-term focus.
  • Solvency: assesses whether or not your business has the capacity to repay its debt over the medium-term.

Looking at the balance sheet can also provide insights into your grain farm's investment and financing policies.

In particular, stakeholders can compare the value of equity to the value of the outstanding financial debt to assess how the business is funded and what level of financial risk has been taken by the owners (financial debt is riskier because it has to be repaid, while equity doesn't need to be repaid).

The cash flow forecast

As we've seen earlier in this guide, monitoring future cash flows is the key to success and the only way of ensuring that your grain farm has enough cash to operate.

As you can expect showing future cash flows is the main role of the cash flow forecast in your grain farm business plan.

example of projected cash flow forecast in a grain farm business plan

It is best practice to organise the cash flow statement by nature in order to show the cash impact of the following areas:

  • Cash flow generated from operations: the operating cash flow shows how much cash is generated or consumed by the business's commercial activities
  • Cash flow from investing activities: the investing cash flow shows how much cash is being invested in capital expenditure (equipment, real estate, etc.) either to maintain the business's equipment or to expand its capabilities
  • Cash flow from financing activities: the financing cash flow shows how much cash is raised or distributed to financiers

Looking at the cash flow forecast helps you to make sure that your business has enough cash to keep running, and can help you anticipate potential cash shortfalls.

Your grain farm business plan will normally include both yearly and monthly cash flow forecasts so that the readers can view the impact of seasonality on your business cash position and generation.

The initial financing plan

The initial financing plan, also known as a sources and uses table, is a valuable resource to have in your business plan when starting your grain farm as it reveals the origins of the money needed to establish the business (sources) and how it will be allocated (uses).

grain farm business plan: sources & uses example

Having this table helps show what costs are involved in setting up your grain farm, how risks are shared between founders, investors and lenders, and what the starting cash position will be. This cash position needs to be sufficient to sustain operations until the business reaches a break-even point.

Now that you have a clear understanding of what goes into the financial forecast of your grain farm business plan, let's shift our focus to the written part of the plan.

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The written part of the business plan is where you will explain what your business does and how it operates, what your target market is, whom you compete against, and what strategy you will put in place to seize the commercial opportunity you've identified.

Having this context is key for the reader to form a view on whether or not they believe that your plan is achievable and the numbers in your forecast realistic.

The written part of a grain farm business plan is composed of 7 main sections:

  • The executive summary
  • The presentation of the company
  • The products and services
  • The market analysis
  • The strategy
  • The operations
  • The financial plan

Let's go through the content of each section in more detail!

1. The executive summary

The first section of your grain farm's business plan is the executive summary which provides, as its name suggests, an enticing summary of your plan which should hook the reader and make them want to know more about your business.

When writing the executive summary, it is important to provide an overview of the business, the market, the key financials, and what you are asking from the reader.

Start with a brief introduction of the business, its name, concept, location, how long it has been in operation, and what makes it unique. Mention any services or products you plan to offer and who you sell to.

Then you should follow with an overview of the addressable market for your grain farm, current trends, and potential growth opportunities.

You should then include a summary of your key financial figures such as projected revenues, profits, and cash flows.

Finally, you should detail any funding requirements in the ask section.

2. The presentation of the company

The second section in your grain farm's business plan should focus on the structure and ownership, location, and management team of the company.

The structure and ownership part provides an overview of the legal structure of the business, who the owners are and how much each has invested and owns. If you are seeking financing it is important that the reader gets a clear picture of which legal entity is receiving the funds, and who controls the business.

The location part should give an overview of the premises from which the company is operating, and why that location is of particular interest (catchment area, accessibility, amenities nearby, etc.).

When describing the location of your grain farm, you could emphasize its proximity to major transport hubs, such as airports, seaports, or rail networks. You may also want to mention the availability of local resources, such as water, fertile soil, and access to labour. Additionally, you could point out the potential for growth in the area, both in terms of population and economic development. This could include the possibility of increased demand for grain or other agricultural products. Finally, you could highlight the potential for capitalizing on new technologies, such as automated farming or precision agriculture.

Finally, you should introduce the management team. Explain each member's role, background, and experience.

It is also important to emphasize any past successes that the members of the management team have achieved, and how long they've been working together, as this will help potential lenders or investors understand why they should trust in their leadership.

3. The products and services section

The products and services section of your grain farm business plan should include a detailed description of what your company sells to its customers. 

For example, your grain farm might offer the sale and delivery of grain crops such as wheat, rye, barley, and oats to its customers. Additionally, you might offer crop consulting and soil testing services for farmers to optimize their yields. Finally, your farm might offer storage and drying services to ensure the grain remains in top condition before delivery. These products and services can help customers improve their farming operations and ensure they always have access to the grains they need.

The reader will want to understand what makes your grain farm unique from other businesses in this competitive market.

When drafting this section, you should be precise about the categories of products or services you sell, the clients you are targeting and the channels that you are targeting them through. 

grain farm business plan products and services section

4. The market analysis

When presenting your market analysis in your grain farm business plan, you should detail the customers' demographics and segmentation, target market, competition, barriers to entry, and any regulations that may apply.

The goal of this section is to help the reader understand how big and attractive your market is, and demonstrate that you have a solid understanding of the industry.

You should start with the demographics and segmentation subsection, which gives an overview of the addressable market for your grain farm, the main trends in the marketplace, and introduces the different customer segments and their preferences in terms of purchasing habits and budgets.

The target market section should follow and zoom on the customer segments your grain farm is targeting, and explain how your products and services meet the specific needs of these customers.

For example, your target market might include large-scale grain producers who are looking for a reliable source of grain to meet their needs. These customers would typically be commercial farmers who require large amounts of grain to feed their livestock or to be sold to customers. They would also appreciate the convenience of dealing with a single grain farm as opposed to multiple smaller farms.

Then comes the competition subsection, where you should introduce your main competitors and explain what differentiates you from them.

Finally, you should finish your market analysis by giving an overview of the main regulations applicable to your grain farm.

5. The strategy section

When crafting the strategy section of your business plan for your grain farm, it's important to cover several key aspects, including your competitive edge, pricing strategy, sales & marketing plan, milestones, and risks and mitigants.

In the competitive edge subsection, clearly explain what sets your company apart from competitors. This is particularly critical if you're a startup, as you'll be trying to establish your presence in the marketplace among entrenched players.

The pricing strategy subsection should demonstrate how you aim to maintain profitability while offering competitive prices to your customers.

For the sales & marketing plan, outline how you plan to reach and acquire new customers, as well as retain existing ones through loyalty programs or special offers.

In the milestones subsection, detail what your company has achieved thus far and outline your primary objectives for the coming years by including specific dates for expected progress. This ensures everyone involved has clear expectations.

Lastly, in the risks and mitigants subsection, list the main risks that could potentially impact the execution of your plan. Explain the measures you've taken to minimize these risks. This is vital for investors or lenders to feel confident in supporting your venture - try to proactively address any objection they might have.

Your grain farm faces a variety of risks. For example, your crop may be damaged by weather events such as droughts, floods, and extreme temperatures. These could lead to reduced yields, which could cause financial losses. Additionally, your farm could be at risk of pests or plant diseases. This could lead to a deterioration of the quality of the crop, or even complete crop loss. Both of these risks could have a major impact on the success of your farm.

6. The operations section

The operations of your grain farm must be presented in detail in your business plan.

Begin by addressing your staff, specifying the main roles and your recruitment plan to support the anticipated growth. Outline the qualifications and experience needed for each role and discuss your recruitment strategies, which may involve using job boards, referrals, or headhunters.

Next, clearly state your grain farm's operating hours, allowing the reader to gauge the adequacy of your staffing levels. Additionally, mention any considerations for varying opening times during peak seasons and your approach to handling customer queries outside regular operating hours.

The key assets and intellectual property (IP) required to run your business should also be highlighted. If you rely on licenses, trademarks, physical structures like equipment or property, or lease agreements, ensure they are well-documented in this section.

You could have key assets such as land, equipment, and buildings that make up your farm. You may also have intellectual property such as unique farming techniques and patented seeds that you use on your farm. These assets and IP could be valuable to your farm operations and may help you to become more successful.

Finally, provide a comprehensive list of suppliers you intend to collaborate with, along with a breakdown of their services and main commercial terms, such as price, payment terms, break clauses and contract duration. Investors often seek insight into the reasons behind your supplier choices, which may include a preference for higher-quality products or established relationships from past ventures.

7. The presentation of the financial plan

The financial plan section is where we will include the financial forecast we talked about earlier in this guide.

Now that you have a clear idea of the content of a grain farm business plan, let's look at some of the tools you can use to create yours.

What tool should I use to write my grain farm's business plan?

There are two main ways of creating your grain farm business plan:

  • Using specialized business planning software,
  • Hiring a business plan writer.

Using an online business plan software for your grain farm's business plan

Using online business planning software is the most efficient and modern way to create a grain farm business plan.

There are several advantages to using specialized software:

  • You can easily create your financial forecast by letting the software take care of the financial calculations for you without errors
  • You are guided through the writing process by detailed instructions and examples for each part of the plan
  • You can access a library of dozens of complete business plan samples and templates for inspiration
  • You get a professional business plan, formatted and ready to be sent to your bank or investors
  • You can easily track your actual financial performance against your financial forecast
  • You can create scenarios to stress test your forecast's main assumptions
  • You can easily update your forecast as time goes by to maintain visibility on future cash flows
  • You have a friendly support team on standby to assist you when you are stuck

If you're interested in using this type of solution, you can try The Business Plan Shop for free by signing up here .

Need a solid financial forecast?

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Screenshot from The Business Plan Shop's Financial Forecasting Software

Hiring a business plan writer to write your grain farm's business plan

Outsourcing your grain farm business plan to a business plan writer can also be a viable option.

Business plan writers are experienced in writing business plans and adept at creating financial forecasts without errors. Furthermore, hiring a consultant can save you time and allow you to focus on the day-to-day operations of your business.

However, hiring business plan writers is expensive as you are paying for the software used by the consultant, plus their time, and their profit margin of course.

From experience, you need to budget at least £1.5k ($2.0k) excluding tax for a complete business plan, more if you need to make changes after the initial version (which happens frequently after the initial meetings with lenders or investors).

You also need to be careful when seeking investment. Investors want their money to be used to grow the business, not spent on consulting fees. Therefore, the amount you spend on business plan writing services (and other consulting services such as legal services) needs to be negligible relative to the amount raised.

The other drawback is that you usually don't own the business plan itself: you just get the output, while the actual document is saved in the consultant's business plan software - which makes it difficult to maintain the document up to date without hiring the consultant on a retainer.

For these reasons, outsourcing the grain farm business plan to a business plan writer should be considered carefully, weighing both the advantages and disadvantages of hiring outside help.

Ultimately, it may be the right decision for some businesses, while others may find it beneficial to write their business plan using online software.

Why not create your grain farm's business plan using Word or Excel?

I must advise against using Microsoft Excel and Word (or their Google, Apple, or open-source equivalents) to write your grain farm business plan. Let me explain why.

Firstly, creating an accurate and error-free financial forecast on Excel (or any spreadsheet) is highly technical and requires a strong grasp of accounting principles and financial modelling skills. It is, therefore, unlikely that anyone will fully trust your numbers unless you have both a degree in finance and accounting and significant financial modelling experience, like us at The Business Plan Shop.

Secondly, relying on spreadsheets is inefficient. While it may have been the only option in the past, technology has advanced significantly, and software can now perform these tasks much faster and with greater accuracy. With the rise of AI, software can even help us detect mistakes in forecasts and analyze the numbers for better decision-making.

And with the rise of AI, software is also becoming smarter at helping us detect mistakes in our forecasts and helping us analyse the numbers to make better decisions.

Moreover, software makes it easier to compare actuals versus forecasts and maintain up-to-date forecasts to keep visibility on future cash flows, as we discussed earlier in this guide. This task is cumbersome when using spreadsheets.

Now, let's talk about the written part of your grain farm business plan. While it may be less error-prone, using software can bring tremendous gains in productivity. Word processors, for example, lack instructions and examples for each part of your business plan. They also won't automatically update your numbers when changes occur in your forecast, and they don't handle formatting for you.

Overall, while Word or Excel may seem viable for some entrepreneurs to create a business plan, it's by far becoming an antiquated way of doing things.

  • Having an up-to-date business plan is key to maintaining visibility on your future cash flows.
  • A business plan has 2 parts: a financial forecast highlighting the expected growth, profitability and cash generation of the business; and a written part which provides the context needed to interpret and assess the quality of the forecast.
  • Using business plan software is the modern way of writing and maintaining business plans.

We hope that this guide helped you to better understand how to write the business plan for a grain farm. If you still have questions, do not hesitate to contact us.

Also on The Business Plan Shop

  • How to write a 5 years business plan
  • Business plan myths

Know someone who owns or wants to start a grain farm? Share this article with them!

Guillaume Le Brouster

Founder & CEO at The Business Plan Shop Ltd

Guillaume Le Brouster is a seasoned entrepreneur and financier.

Guillaume has been an entrepreneur for more than a decade and has first-hand experience of starting, running, and growing a successful business.

Prior to being a business owner, Guillaume worked in investment banking and private equity, where he spent most of his time creating complex financial forecasts, writing business plans, and analysing financial statements to make financing and investment decisions.

Guillaume holds a Master's Degree in Finance from ESCP Business School and a Bachelor of Science in Business & Management from Paris Dauphine University.

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Maize Farming – Start Profitable Corn Production in 15 Steps

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Maize farming is very popular among the farmers in many parts of the world. Maize has become a staple food in many parts of the world with total production of maize surpassing that of wheat or rice.

And maize is called queen of cereals, because it has highest genetic yield potential among the cereals. Maize ( Zea mays ), also known as corn, is actually a cereal grain which is used for many different purposes.

It was first domesticated by the indigenous people in southern Mexico about 10,000 years ago, and today it is very popular throughout the world.

The leafy stalk of the plant produces pollen inflorescences and seperate ovuliferous inflorescences called ears that yield kernels or seeds, which are fruits.

The plants are often 3 meters in height (but some natural strains can grow up to 13 meters). The stem is generally composed of 20 internodes of around 18 cm length. A leaf which grows from each node, is generally 9 cm in width and about 1.2 m in length.

Maize is in 3rd position in term of total staple food production. But a very little amount of total maize production is consumed directly by humans. Most of the maize is used for corn ethanol, animal feed and for producing other maize products, such as corn syrup and corn starch.

Table of Contents

What Are The Advantages/Importance Of Maize Farming Business?

Like many other commercial crop farming business, large scale maize farming business also offers several advantages.

  • Maize is a versatile crop and it is widely used in various industries. It is used in many industries from food to biofuels (providing farmers with multiple market options).
  • This crop has a relatively short growing period as compared to some other crops. And you can ensure quicker harvest cycles and potential for multiple harvests in a year.
  • Commercial maize farming is less capital-intensive as compared to some other types of agriculture related business.
  • Maize plants are very hardy and they are resilient to different weather conditions. This crop has less risk of crop failure and it ensures a more stable income for farmers.
  • Commercial maize farming can create great opportunities for profitability, flexibility, and resilience in the agricultural sector.

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How to Start Maize Farming?

Starting maize farming business is not too tough. The plants are relatively easy to grow and you will able to grow if you are a beginner. Through maize farming, you can easily shield the deteriorating grade of soil.

Maize farming can help preserving 90% of water and about 70 of potency as compared with paddy. And maize farming can actually make more profit than paddy or wheat farming.

However, here we are describing more information about maize farming from selecting land, planting, caring to harvesting.

Step 1: Learn Practically

First of all, try to learn more about commercial maize production business practically. Like many other crop farming business, having practical knowledge is also very important for commercial maize farming business. So, try to learn more about this business practically from any of your nearest agriculture extension office or from any existing farmers in your area.

Step 2: Complete Maize Production Training

Completing a training is also very beneficial for operating a successful maize farming business. You can complete training from any of your nearest government or non-government organizations or from any agriculture extension office.

Step 3: Make An Effective Business Plan

A good and effective business plan helps to start and operate a business successfully. So, making a very good and effective business plan is very important. You can ask for help from an expert for making the business plan, especially if you are a beginner.

Step 4: Select A Good Location

First of all, select a good location for maize farming. Maize plants grow well in fertile soil with pH ranging from 5.5 to 7.5. They can be grown on wide range of soil types including loamy, sandy loamy or clay loam soil (heavy clay soil is not good for maize farming).

But the soil needs to be rich in organic content and have to have good water containing capacity. The plants also require full sun for better yield. So, consider all these factors while selecting land for starting maize farming.

Step 5: Prepare The Soil Perfectly

For preparing the soil, first of all remove all the weeds and remains of previously grown crop from the field. Then plough the land to bring the soil to fine tilth. 6-7 ploughing and harrowing will be required for making the soil fully prepared for maize farming.

As the maize plants grow very well in organic content rich soil, so try to add as much organic contents (fully-rotted aged manure or compost) as you can. 4-6 tons of fully decomposed aged manure will be enough for 1 acre land.

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For commercial maize farming, you also have to apply some chemical fertilizers into the soil. Applying 20-24 kg phosphorus, 60-70 kg nitrogen and 10-12 kg potash per acre will be required for optimal production.

Soil test is necessary to know deficiency of any nutrient in the soil, and exact amount of chemical fertilizers can vary from place to place. So test the soil before applying chemical fertilizers.

Step 6: Consider The Climate Requirements For Maize Farming

The maize plants are grown throughout the world, and the plants can grow in a wide variety of climatic conditions. It is actually a warm weather crop and doesn’t grow well in the areas where the minimum daily temperature is less than 19 °C.

The seeds can germinate as low as 10 °C, but the germination process will be faster and less variable at soil temperature of 16 °C to 18 °C. And maximum temperature for maize farming is 30 °C to 35 °C.

Step 7: Consider The Best Time For Maize Farming

Maize is a warm season crop, and is cold-intolerant. The seeds must be shown in the spring in the temperate zones. Actually, it can be grown throughout the year, but grow best between 21 °C and 27 °C temperature.

Step 8: Select The Right Type/Variety For Your Production

There are some different types of maize to choose from. The 6 major types of maize are sweet corn , flour corn, popcorn, pod corn, flint corn and dent corn. You should choose such a type which is widely grown and available in your area.

Step 9: Purchase Good Quality Seeds

After selecting your desired type of maize, purchase seeds from any of your nearest market or seed supply stores. Maize is very common and popular throughout the world, so you will easily be able to purchase seeds from your local market.

Step 10: Determine The Quantity Of Seeds Per Acre

Total amount of seeds per acre depends on many different factors. Exact amount of seeds required per acre can vary depending on production purpose, seed size, season, plant type and sowing method.

On average you will need about 8-10 kg/acre for spring crop, about 8 kg/acre for sweet corn, about 7 kg/acre for pop corn, about 16 kg/acre for baby corn and about 20 kg/acre for fodder production.

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Step 11: Planting

The maize seeds are planted in rows. But space between rows and between plants can vary depending on the maize type. Spacing the rows to about 2 feet apart and the plants to about 8 inches apart will be good for winter crop and both sweet and baby corn production.

Spacing 20×6 inches will be good for pop corn production and 12×4 inches will be good for fodder production. You can sow the seeds manually by dibbling or by mechanically with help of tractor drawn ridger seed drill. And sow the seed to about 1 inch deep.

Before sowing, treat the seeds with fungicides for preventing seed and soil borne diseases. Treating the seeds with Thiram or Carbendazim at the rate of 2 grams per kg seed will be good.

Step 12: Caring

Taking additional care is must for successful maize farming business and for maximum yield. The plants will grow better and produce more if you take additional care of the plants. Here we are describing more about the steps for caring the maize plants.

Fertilizing: Additional fertilizers may be required for maize farming. Test the soil and take advice from an experienced agriculture specialist before applying additional fertilizers.

Watering: The maize plants generally require less water as compared to other crops. Although timely and adequate watering will help the plants to grow well. Apply a light watering immediately after sowing the seeds. Then water lightly after a week for a month (during the early stage of this crop). And additional watering should be applied after every 25-30 days. Avoid water stagnation and the land must have to have good drainage system for successful maize farming business.

Controlling Weeds: Controlling weeds is very important for successful maize farming business. Initially you should remove all the weeds from the field while ploughing and harrowing. And then at least 2 additional hand weeding is required. The first weeding should be done on 20-25 days and another is on 40-45 days after sowing. Mulching can help to control most of the weeds from the field.

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Step 13: Try To Control Pests And Diseases

Like many other commercial crops, the maize is also susceptible to some pests and diseases. Corn worm, stalk borer or stem borer, shoot bug, pink borer, termites and shoot fly are some common pests for the maize plants.

Downy mildew, leaf spot, post flowering stalk rot and maydis leaf blight are some common diseases for the maize plants. Contact your nearest agriculture extension office or consult with an specialist for having recommendation for controlling all these pests and diseases.

Step 14: Harvesting

You can start harvesting when cobs outer cover turns from green to white. Actually when the stalks have dried and moisture of the grain as about 20-17%, is the optimum time for harvesting maize. You can harvest the maize manually by hand, and there are machines available for separating the seeds.

Step 15: Yield

Yield can vary depending on many different factors. But on average, you can expect about or up to 2500 kg per hectare.

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Frequently Asked Questions (FAQs)

People ask many questions about maize farming. Here we are trying to list the most common questions about corn farming, and trying to answer them. Hope you will find your answer. Don’t hesitate to ask us if you have more questions.

What is the origin of maize?

Maize is the domesticated variant of teosinte. Several theories had been proposed about the specific origin of maize in Mesoamerica. Probably, it was first domesticated by indigenous peoples in southern Mexico about 10,000 years ago.

What are the other names of maize?

Maize is known by many other names in many different parts of the world. It’s other names include corn, Indian corn, sweet corn, mealie etc. Maize is also known by some other local names in many different languages. It is known as Mielie in Afrikaans, Makki or Makai in Hindi, Bhutta in Bengali, Makoi in Assamese, Makai in Gujarati, Musukina Jola in Kannada, Cholam in Malayalam, Maka in Marathi, Makaa in Oriya, Iringu in Sinhala, Jola in Tulu and Mokka Jonna in Telugu.

What are the uses of maize?

Maize is used for many different purposes. It is mainly used as fodder for animals, food grain, pop corn, baby corn, sweet corn and green cobs. Corn flour is also widely used. Maize also serves as a basic raw material to thousands of industrial products that may include oil, starch, alcoholic beverages, food sweeteners, pharmaceutical, gum, textile, package, food cereals, cosmetic and paper industries.

What is the nutritional value of maize?

All the types of maize are nutritious and good for human health. Raw, yellow sweet maize karnels are composed of 1% fat, 3% protein, 19% carbohydrates and 76% water, And a serving of 100 gram maize karnels provide about 86 calories and are a very good source of vitamin B, thiamin, niacin, folate and pantothenic acid. They also provide moderate amounts of dietary fiber and some essential minerals such as phosphorus and magnesium.

What are the health benefits of consuming maize/corn?

Consuming maize or corn has some health benefits. Most notable health benefits of consuming maize are mentioned below.

  • Due to the fiber content, consuming maize is good for digestion.
  • Maize can help in lowering LDL cholesterol.
  • Regular consumption of corn can helps in preventing skin problems and can also help to combat with hair loss.
  • Consuming corn is beneficial for heart, and it may helps in preventing Alzheimer’s disease.
  • Eating maize is good for preventing diabetes and hypertension.
  • It can help in improving vision and it also has anti-cancer properties.

Is maize farming profitable?

Yes, commercial maize farming is a very profitable business. You can start this business for making good profits.

How to start maize farming business?

First of all select a good site for corn/maize farming, prepare the land perfectly, choose the right variety, purchase seends, plant in the field and care for the plants.

How long does maize take to grow?

Depends on the breed. But generally most of the corn varieties become ready for harvesting within 100 days from planting.

How many times is maize planted in a year?

You can take 2-3 crops in a year from the same field.

Is maize a profitable crop?

Yes, commercial maize farming is a profitable business. Demand of maize is very high in the market and the price is also good. So, you can start this business for making profits.

In which month maize is planted?

Depends on your location. For example, if you are from India then Kharif maize is sown in June to July till August and harvested in December.

Does maize need a lot of water?

Yes, maize plants grow very fast and require lots of water.

Which soil is best for maize?

Fertile, well-drained and sandy loam soil is considered as best for maize farming.

What is the correct spacing for maize?

The recommended spacing is 75cm between rows and 25cm for plants.

How do I become a successful maize farmer?

For becoming a successful maize farmer you have to choose a disease resistant and high yielding maize variety. And you also have to take good care of the plants for having good yield.

Which weather is good for maize?

Dry weather is considered best for maize farming business.

Should I water corn every day?

No, you don’t have to water your plants everyday. Watering them once per week will be enough.

How do you increase maize yield?

Apply both organic and chemical fertilizers for increasing maize yield.

What is the best time to fertilize maize?

Fertilize your field when the soil is moist.

What fertilizer does maize need?

Maize plants require a balance of NPK fertilizers. But potassium is the nutrient required in the greatest amount by maize.

How many seeds of maize should be planted per hole?

You should plant 2-3 seeds per hole.

How many maize seeds can you plant per acre?

You will need about 10 kg seeds for planting one acre land.

Can maize be planted all year round?

Yes, maize is now cultivated throughout the year.

How long is the life cycle of maize?

Average lifespan of the maize plants is between 120 and 150 days.

Does maize need full sun?

Yes, the maize plants grow best in full sun.

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Beginning Farmers

Farm Business Planning

Farm Business Planning is key to beginning farmer success.

It helps beginning farmers :

  • Plan for the economic sustainability of a new farm enterprise.
  • Obtain funding to purchase land, equipment and other resources from lending institutions, investors and/or grant making agencies.
  • Articulate what their farm will look like.

On this page, we compiled free farm business planning resources to help you understand what a formal business plan is, and how to start planning your farm business. Sections include:

  • Developing a Farm Business Plan
  • Enterprise Budgeting

Enterprise budget resources are included on the farm business planning page because such tools are usually essential in helping you to develop your business plan.

Planning your farm business involves more than is outlined on this page alone. You’ll probably also be interested in funding (loans/grants) , farm incorporation , and risk management . Our  starting a farm page is worth visiting first. Also, you might find the following article helpful, because it touches on many farm business planning topics: Farm Products, What to Charge: Marketing, Price, Calculating Costs, Strategy and Much More .

developing a farm plan

1. Developing a Farm Business Plan

A  business plan  is a decision making tool that takes the form of a formal document. It states your business goals, why you think you can achieve them, and lays out your plan for doing so. Farm business planning is also a process, not an end product. A business plan is a work in progress, which farm business owners or operators will want to revisit regularly. 

Planning and Funding Your Farm Business  from the Cornell University Small Farms Project has lots of important and useful farm business planning resources.

Rural Businesses  is a web and print publication from the Minnesota institute for Sustainable Agriculture (MISA).

Building a Business Plan for Your Farm: Important First Steps  is a 20 page farm business planning publication that discusses the initial steps to help you move toward writing a formal business plan.

The Center for Agroecology has a Small Farm Business Planning publication that goes over many of the basics in a step by step format.

Building a Sustainable Business: A Guide to Developing a Business Plan for Farms and Rural Businesses is a farm business planning publication available from SARE.

Do I need a Business Plan for my Farm? is a web resource from the New England Small Farm Institute. It’s a great place to get started.

AgPlan  from the University of Minnesota helps rural business owners develop a business plan for free, while also offering sample business plans for ideas, and a way to print or download your plan.

Developing a Farm Business Plan includes several helpful resources from the USDA National Agricultural Library’s Rural Information Center.

Organic Farm Business Planning Page  from North Carolina State University features a number of publications and links related to financial planing for organic farmers.

Agricultural Business Planning Templates and Resources   is an ATTRA publication most relevant to smaller-scale or alternative agricultural entrepreneurs.

Beginning Farmer and Rancher Resources offers comprehensive resources on Bookkeeping and Other Basics ; Cash Flow Budgeting and Managing Debt ; Small Farm and Ranch Income Taxes , and more.

Purdue University’s Center for Food and Agricultural Business  has educational resources to explore, such as the New Ventures in Food and Agriculture in Indiana , which offers business planning assistance.

Purdue University Cooperative Extension offers strategic farm business planning tools for commercial farm producers.

Penn State University College of Agricultural Sciences has many Business Planning tools and information.  Penn State Cooperative Extension has a Developing a Business Plan page. Penn State also has a Farm Business Plan Template that allows you to plug in your information and create a basic business plan.

The U.S. Small Business Administration  works with local partners to counsel, mentor and train small businesses. It is worth getting to know their programs and connect with your local office.

The Martindale Center Reference Desk has an extensive  compilation of links to calculators, applets, spreadsheets, courses, manuals, handbooks, simulations, animations, videos and more. Martindale’s Agriculture Center can be of great use to farmers making business plans.

stacks of cash and money

2. Enterprise Budgets

Enterprise budgets project costs and returns for a particular farm production practice. You can use enterprise budgets to make smart business management decisions, and to help you develop a viable business plan.

Enterprise Budgeting Tools of all sorts from the Agricultural Marketing Resource Center, including organic crop budgeting tools, many vegetable budgeting tools, the crop conversion tool for side-by-side crop comparisons, specialty crop and livestock budgets, hydroponics budgets, wind calculators, composting calculators, manure calculators, distillers grain budgets, biomass calculators and specialty foods calculators.

Introduction to Farm Planning Budgets for New and Beginning Farmers (Virginia Tech)

Importance and Use of Enterprise Budgets in Agriculture   (University of Nevada)

Enterprise Budgeting (Kerr Center)

Organic Specific Enterprise Budgets

  • Enterprise Budgets and Production Costs for Organic Production (ATTRA)
  • Organic Crop Production Enterprise Budgets and Information   (Iowa State)
  • Organic Enterprise Budget (Kansas Rural Center)

More Enterprise Budget Pages and Information

  • Enterprise Budgets List (Virginia Cooperative Extension)
  • Dairy Sheep Enterprise Budget (Center for Integrated Ag Systems, UW-Madison)
  • Crop Budgets (University of Maryland)
  • Farm Management Enterprise Budgets (Ohio State)
  • Alabama Enterprise Budget Summaries (Alabama A&M and Auburn) 
  • Start developing your business plan with the resources at   https://www.beginningfarmers.org/farm-business-planning/
  • You can find more gr eat farming resources at   https://www.beginningfarmers.org/additional-farming-resources/

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Agricultural Business Plan Template

Written by Dave Lavinsky

agricultural business plan

Agricultural Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their agricultural companies.

If you’re unfamiliar with creating an agricultural business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write an agricultural business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is an Agricultural Business Plan?

A business plan provides a snapshot of your agricultural business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for an Agriculture Business

If you’re looking to start an agricultural business or grow your existing agricultural company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your agricultural business to improve your chances of success. Your agricultural business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Agricultural Businesses

With regards to funding, the main sources of funding for an agricultural business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for agricultural companies.

    Finish Your Business Plan Today!

How to write a business plan for a agricultural business.

If you want to start an agricultural business or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your agricultural business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of agricultural business you are running and the status. For example, are you a startup, do you have an agricultural business that you would like to grow, or are you operating an established agricultural business you would like to sell?

Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the agricultural industry.
  • Discuss the type of agricultural business you are operating.
  • Detail your direct competitors. Give an overview of your target customers.
  • Provide a snapshot of your marketing strategy. Identify the key members of your team.
  • Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of agricultural business you are operating.

For example, you might specialize in one of the following types of agricultural businesses:

  • Animal feed manufacturing: the production and sale of food formulas for farm animals.
  • Agrichemical and seed manufacturing: the production and sale of agrichemicals (e.g., fertilizers, pesticides, and fungicides) and seeds to farmers that support the growth of their crops.
  • Agricultural engineering: development, testing, and implementation of new agriculture tools and machinery to improve the process for farmers.
  • Biofuel manufacturing: the production of energy from biomass.
  • Crop production: the process of growing and harvesting a variety of crops such as fruits, vegetables, and grains.

In addition to explaining the type of agricultural business you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include reaching X number of harvests per year, the number of customers served, or reaching $X amount in revenue.
  • Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the agricultural industry. While this may seem unnecessary, it serves multiple purposes.

First, researching the agricultural industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your agricultural business plan:

  • How big is the agricultural industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your agricultural business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your agricultural business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, families, and corporations.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of agricultural business you operate. Clearly, schools would respond to different marketing promotions than corporations, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.  

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other agricultural businesses.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes other types of farmers, wholesalers, and distributors.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

  • What types of customers do they serve?
  • What type of agricultural business are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you make it easier for your customers to engage with you?
  • Will you offer products or services that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a agricultural business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of agricultural company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you produce fruit, soy, or vegetable products?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.

Place : Place refers to the site of your agricultural company. Document where your company is situated and mention how the site will impact your success. For example, is your agricultural business located on a small or large farm near your customer base?  And, will you operate one or multiple locations? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your agricultural marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites
  • Distribute flyers
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your agricultural business, including scheduling employees, tracking inventory, accepting orders and payments, and meeting with customers.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to reach your Xth harvest, or when you hope to generate $X in revenue. It could also be when you expect to expand your agricultural business to a new region.  

Management Team

To demonstrate your agricultural business’ potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing agricultural businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing an agricultural business, or owning their own farm.

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, how many pounds of each crop do you plan to yield each season? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your agricultural business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a agricultural business:

  • Cost of farm equipment and supplies
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your farm’s location lease or a list of agricultural equipment and machinery used on your farm.  

Writing a business plan for your agricultural business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the agricultural industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful agricultural business.  

Agricultural Business Plan Template FAQs

What is the easiest way to complete my agricultural business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily write your agricultural business plan.

How Do You Start an Agricultural Business?

Starting an agricultural business is easy with these 14 steps:

  • Choose the Name for Your Agricultural Business
  • Create Your Agricultural Business Plan
  • Choose the Legal Structure for Your Agricultural Business
  • Secure Startup Funding for Your Agricultural Business (If Needed)
  • Secure a Location for Your Business
  • Register Your Agricultural Business with the IRS
  • Open a Business Bank Account
  • Get a Business Credit Card
  • Get the Required Business Licenses and Permits
  • Get Business Insurance for Your Agricultural Business
  • Buy or Lease the Right Agricultural Business Equipment
  • Develop Your Agricultural Business Marketing Materials
  • Purchase and Setup the Software Needed to Run Your Agricultural Business
  • Open for Business

Don’t you wish there was a faster, easier way to finish your Agricultural business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.

Click here to see how Growthink’s business plan professional services can help you create a winning business.  

Other Helpful Business Plan Articles & Templates

Business Plan Template For Small Businesses & Entrepreneurs

  • Business plans

Farm Business Plan

Used 5,069 times

Farm Business Plan gives an overview of the company, including corporation history, owner backgrounds, creations and more. Use this template to quickly develop your farm company plan.

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Farm Business Plan Template

Image 1

Prepared by:

​ [Sender.FirstName] [Sender.LastName] ​

​ [Sender.Title] ​

​ [Sender.Phone] ​

​ [Sender.Email] ​

Executive Summary

​ [Sender.Company] is owned and operated by [Sender.FirstName] [Sender.LastName] .

​ [Sender.Company] produces and sells (product types, e.g., produce, pastured animals, herbs, etc.), and we also provide on-farm services including (service types, e.g., apple picking, events, produce stand, etc.).

The target audience for [Sender.Company] 's product will be local consumers and businesses whom we will target directly. To market to this audience, we plan to take advantage of public picking events, farmers' markets, and a roadside farm stand.

Future of the Farm

​ [Sender.Company] plans to turn our XX acres of farmland into a sustainable source of crops, pastured animals, and pollinators. We plan to use regenerative farming practices as much as possible and understand what management techniques work best for our acreage.

Additionally, we will have a large greenhouse and use season extension techniques to get more value out of our farmland.

To build a locally well-known brand and eventually expand our presence across the state.

To sell enough of our product to generate a positive cash flow, support the farm owners and staff, and pay back capital plus 15% interest to our investors.

To preserve and enhance our farmland so that it remains sustainable and we can continue to share the fruits of the land with others.

Follow a thorough 3-year business plan and reassess every year to ensure we remain on track.

Seek funding from our network of contacts and outside funders for start-up costs.

Execute a creative marketing plan that introduces our brand to our target market.

Company Description

Business address and contact.

​ [Sender.StreetAddress] , [Sender.City] , [Sender.State] [Sender.PostalCode] ​

​ [Sender.FirstName] [Sender.LastName] : [Sender.Phone] , [Sender.Email] ​

Principal Members

(Owner.FirstName) (Owner.LastName)

Qualifications/Experience

(number) years of experience as a farm hand at (farm name), plus an additional 5 years of experience as the farm manager

(Education)

(Operator.FirstName) (Operator.LastName)

(Experience)

Legal Structure

​ [Sender.Company] is a sole proprietorship.

Company Details

Our property is zoned for farm use, and we plan to use the land as follows:

X acres for pastured animals

X acres for produce

X acres for agritourism activities and events

Farm Assets

Greenhouse and propagation supplies

Farm stand (planned for 20XX)

Market Research

The demand for locally raised animals and grown produce is climbing at a rate of XX% per year and is expected to reach a total value of $XX billion by 20XX.

Consumer demand for free-range, pasture-raised animals is evidenced by farms like (name competitors) which have grown into valuations of (approximate company values) , respectively.

Regulations

​ [Sender.Company] is a licensed business in the State of [Sender.State] as of the year 20XX. We are in the process of applying for all of the necessary permits for constructing the farm stand, expanding the barn, and hosting on-site visitors to the farm.

Service Line

Product/service.

Services Include:

Pasture-raised animals

Produce cultivation

Public apple picking

Public hay maze

Special event packages

Marketing & Sales

Customer communications.

​ [Sender.Company] will communicate with its customers by:

Interacting with customers in-person via farmers markets, the farm stand, and through the leveraging of networking events.

Building an active social media presence on Instagram and TikTok.

Advertising agritourism activities like apple picking, hay mazes, farm trails, and other events.

Creating SEO-friendly blog posts on the company website to increase online presence.

Establishing listings with the local tourism board and activity guides.

Sales Strategy

​ [Sender.Company] 's product will be sold primarily in the (region) . The farm is located on a road with extensive car traffic, so we plan to build a farm stand on the property to capture attention and drive sales.

We also plan to build a social media presence and leverage local advertising to drive awareness of our brand. We will also attend farmers' markets within the region to meet customers face-to-face and build relationships.

Five-year plan

Year One: 20XX

Create a legal business entity

Apply for necessary licenses and permits.

Finalize farm layout.

Procure additional equipment.

Establish social media profiles.

Build a small farm stand.

Attend farmer's markets.

Year Two: 20XX

(List goals for year two)

Year Three: 20XX

Year Four: 20XX

Year Five: 20XX

​ [Recipient.FirstName] [Recipient.LastName] ​

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Your rating will help others.

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Useful resources

  • Featured templates
  • Sales proposals
  • NDA agreements
  • Operating agreements
  • Service agreements
  • Sales documents
  • Marketing proposals
  • Rental and lease agreement
  • Quote templates

Crop Farming Business Plan Proposal

[Pdf Sample] Crop Farming Business Plan Docx

In today’s agricultural landscape, having a well-structured business plan is essential for the success of any crop farming venture. A business plan serves as a roadmap, guiding farmers through various stages of planning, implementation, and growth.

In this article, we will provide you with a comprehensive guide to creating a crop farming business plan in PDF format. From outlining the key sections of the plan to discussing important considerations, we’ll equip you with the knowledge needed to kickstart your agricultural endeavor.

[Pdf Sample] Crop Farming Business Plan Proposal Docx

To write a business plan , here is a breakdown of how it should be structured and what should be in each category. After this instruction, I will provide you with a sample of one I wrote for my farm , let us go:

Read Also:  [Pdf Sample] Poultry Farming Business Plan In Kenya Docx

Executive Summary

Business description.

In this section, you’ll delve deeper into the details of your crop farming business . Discuss the type of crops you plan to cultivate, the size of your farm, and any unique selling propositions that differentiate your farm from others. It is crucial to outline your vision, mission, and core values, showcasing your commitment to sustainable and ethical farming practices .

Read Also:  [Pdf Sample] Palm Oil Farming & Production Business Plan Docx

Market Analysis

To create a successful crop farming business , understanding the market dynamics is paramount. Conduct thorough research on the demand and supply trends for your chosen crops. Identify your target market, analyze competitors, and determine pricing strategies. This section should demonstrate your knowledge of the industry and your ability to capitalize on market opportunities.

Read Also:  [Pdf Sample] Poultry Farming Business Plan In South Africa Docx

Products and Services

Marketing strategy.

A well-defined marketing strategy is crucial for reaching your target audience and generating sales. Outline your promotional activities, including online and offline marketing channels. Consider utilizing social media platforms, participating in farmers’ markets, or establishing partnerships with local restaurants or grocery stores. Develop a brand identity that resonates with your customers and showcases the values of your farm.

Read Also:  [Pdf Sample] Farm Business Plan Example Docx

Operational Plan

Management and organization.

In this section, outline the management structure of your farm and introduce key personnel responsible for various aspects of the business . Highlight their qualifications and expertise, demonstrating their ability to contribute to the success of your crop farming venture. Additionally, discuss any plans for employee training and development to ensure a skilled workforce.

Read Also:  [Pdf Sample] Business Plan For Farming In South Africa Docx

Financial Plan

The financial plan provides a comprehensive overview of your farm’s financial projections , including revenue, expenses, and profitability. Include details about startup costs, expected sales, pricing strategies, and operational expenses. Incorporate financial ratios and key performance indicators (KPIs) to assess the financial health and viability of your crop farming business .

Risk Assessment and Mitigation

Here Is a Download Link to the Crop Farming Business Plan Proposal Prepared By Agrolearner.com

Business Model for Agrolearners.com’s Crop Farming Business:

Key partnerships:.

Agricultural Experts and Educators: Collaborate with experienced farmers, agronomists, and agricultural institutions to develop course content and provide expert guidance.

Technology Providers: Partner with online learning platforms, video production companies, and website developers to ensure seamless delivery of educational resources.

Read Also:  [Pdf Sample] Business Plan For Cattle Farming In South Africa Docx

Key Activities:

Platform Management: Maintain and update the Agrolearners.com website, ensuring a user-friendly experience and smooth access to educational resources.

User Support: Provide customer support through various channels, including email, chat, and forums, to address inquiries, provide guidance, and resolve any technical issues.

Value Proposition:

Comprehensive Agricultural Education: Agrolearners.com offers a wide range of resources, including structured courses, webinars, videos, and articles, covering all aspects of crop farming, from beginner to advanced levels.

Practical Knowledge and Application: Our focus is on bridging the gap between theory and practice, providing learners with actionable insights, techniques, and best practices that they can apply directly in their farming operations.

Community and Networking: Agrolearners.com creates a community of like-minded individuals, allowing learners to connect, share experiences, and collaborate with other aspiring farmers and industry experts.

Customer Segments:

Agricultural Students: Students pursuing agricultural studies who wish to supplement their formal education with practical insights and hands-on experience in crop farming.

Customer Relationships:

Community Engagement: Foster an online community where learners can connect, share experiences, and learn from each other, fostering a sense of belonging and support.

Revenue Streams:

Webinar Registrations: Offer specialized webinars and charge participants a registration fee to attend live sessions with agricultural experts.

Advertising and Partnerships: Collaborate with agricultural suppliers and other relevant businesses to offer targeted advertising opportunities on the Agrolearners.com platform.

Cost Structure:

Technological Infrastructure: Invest in website development, hosting, and maintenance, ensuring a seamless user experience.

Marketing and Advertising: Allocate a budget for digital marketing campaigns, including social media advertising, search engine optimization, and content creation.

Key Resources:

Expertise and Knowledge: Engage agricultural experts and educators to develop content and provide guidance.

Marketing and Analytics Tools: Utilize digital marketing tools, analytics platforms, and customer relationship management (CRM) systems to track performance and optimize marketing efforts.

Is it necessary to create a business plan for a crop farming venture?

How can i assess market demand for specific crops.

Conduct market research, analyze consumer trends, and engage with potential buyers or distributors to understand the demand for your chosen crops.

What financial aspects should I consider in my business plan?

How can i mitigate risks in crop farming.

Identify potential risks such as weather fluctuations, pests, or market volatility, and develop strategies to mitigate them. This may include insurance coverage, diversification, or implementing sustainable farming practices .

Can I modify my business plan as my farm grows?

Yes, your business plan should be a dynamic document that evolves with your farm . Regularly review and update it to reflect changes in the market, technology, or your business goals.

Conclusion:

Share this:, author: adewebs, you may also like:, [pdf sample] business plan for pig farming docx, starting a poultry farm with limited resources in ghana: a comprehensive guide for new farmers, how to register agribusiness company in kenya (see full guide), starting a poultry farm with limited resources in nigeria: guide for new farmers, leave a reply cancel reply.

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Farming 101: How to plant corn

Whether it’s your first turn at planting corn or you are an experienced producer who could use a brush-up on the basics, here are a few tips to consider.

What to plant

Row spacing and seeding rate, when to plant, using the right equipment, planting day, stand assessments.

The first step in successful corn planting is understanding the land. Soil type matters, as does slope and drainage of the field.

Flatlands are more suited to strip tillage that will aid in soil warming and drying, compared to sloped fields that are more suited to a no-till approach, according to Mark Licht, Iowa State University Extension and Outreach cropping systems specialist. Corn can be planted directly into no tilled residue if the field is well drained with at least a 5% slope. Flat areas with prairie potholes that can pond excessively in heavy rains simply may not be suitable for corn production.

The next step is choosing the right seed . There are many varieties on the market, all developed with different goals in mind. If planting early, a full maturity variety will allow for early season vigor and quick fall dry down. If planting is late, an earlier maturity variety is desired to wrap up the growing season before fall.

You may want a trait package that includes herbicide or insecticide or choose a more conventional variety and make applications as the season dictates.

Picking a seed company is part of the decision. Some companies give a discount for quantity if you buy all your seed in a given year from them. Others may give a loyalty discount if you buy from them year after year. One of the advantages of consistently buying from the same company is familiarity with the product line-up. That may help navigate the overwhelming number of options, especially for the new producer.

Debate about the advantages of a 20-inch or 30-inch row is ongoing and depends in part on the hybrid genetics of your seed. Your seed salesmen can be of assistance in advising you as to row spacing and expected seed rate response.

Licht says 33,000-38,000 seeds per acre is an ideal range for much of the Midwest. A higher rate may maximize yield, but a lower rate may be more economical when factoring in the cost of seed. Watch the season-long weather report. Plant lighter in a dry season so there is less competition for moisture. In a wetter year, you can bump up your rate.

Some old farmers may tell you it's time to plant corn when the oak leaves are the size of squirrel's ears. Others are married to a particular date no matter what or just want to beat their neighbor to the field. But Licht says there are more reliable ways to determine the right time for planting.

Soil temperatures need to be at least 50°F. with a 5- to 14-day warming trend ahead. Field moisture needs to be adequate to germinate the seed, but not so wet it hampers plant emergence or vigor or causes equipment to create unnecessary compaction.

Federal crop insurance dictates when you can start planting in your state and qualify for the program. In Iowa, it is April 11.

Licht says many producers get into more trouble on the second field they plant. “They wait and follow directions on the first field, then the spring rains come, and they see a two-day window, so they hit the second field too soon. When you think you're ready, wait another one-half day. You'll be better off.”

Today's 24-plus-row planters finish the job much faster than some expect, so don't panic over the passing rainy days. Licht says you will start to see yield declines if you're not done by May 11, though those declines are not significant until around May 20.

The large planter is ideal for large fields with no fencerows, but it is not for everyone or every farm. Be sure to choose the right size planter for the size of your operation and your landscape. Licht says a standard planter from your dealer will generally suffice, at least to start. Various attachments, like row cleaners, starter fertilizer, and insecticide delivery systems can be added later.

“Make sure your planter can move residue out of the row, and the depth gauge wheels work properly,” he says. Just the right amount of down pressure is needed to plant effectively without causing compaction, and that varies according to soil type and organic matter.

Soil fertility will determine whether or not to apply a starter fertilizer when planting, so it is important to know your soil test levels.

Set up your planter with your desired seeding rate and make sure it is set for the right seed depth. Licht recommends 2 inches. “If it's dry, that's deep enough to get moisture. If it's wet, it can get out of the ground rapidly.”

As you are planting, make sure you get the furrow closed and you are not creating sidewall compaction. Licht recommends getting out of the tractor every four to six hours to evaluate how the planter is performing. Settings that worked one day, or in the early morning, may not be as effective after temps and breezes have warmed and dried the soil.

Once the field is planted and the corn is growing, be sure to check the emerging corn and count the plant population. Are there doubles? Is the seed spacing what it should be? Are there skips? Why?

Understanding what you have will help you manage potential problems through the growing season. Weak root systems from compaction can lead to lodging in heavy winds, and a sparse stand is open to weed competition. So, walk your field, evaluate your work, plan how to manage your crop, and make adjustments for next year.

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Industrial Corn Farm Business Plan

Industrial corn farm business plan presentation, free google slides theme and powerpoint template.

You've probably heard of the expression "as American as apple pie," but perhaps it should be updated to "as American as corn on the cob." Corn is a staple crop in the United States, and no place exhibits this more than an industrial corn farm. Perhaps competition is not as fierce in your country... and that might mean there's an opportunity right in front of you! Check out this template and use it to present your business plan to try to get off to a good start. With a palette revolving around yellow tones (of course!) and many photos included, it's a feast for the eyes, and after your corn reaches the market, also a feast for the tummies!

Features of this template

  • 100% editable and easy to modify
  • 20 different slides to impress your audience
  • Contains easy-to-edit graphics such as graphs, maps, tables, timelines and mockups
  • Includes 500+ icons and Flaticon’s extension for customizing your slides
  • Designed to be used in Google Slides and Microsoft PowerPoint
  • 16:9 widescreen format suitable for all types of screens
  • Includes information about fonts, colors, and credits of the resources used

How can I use the template?

Am I free to use the templates?

How to attribute?

Attribution required If you are a free user, you must attribute Slidesgo by keeping the slide where the credits appear. How to attribute?

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Business Plan Tools for Producers

A business plan is like a road map. It helps you define your ag operation’s core objectives and build a detailed plan for how to achieve them. 

Free business plan bundle for farmers

We want to help make writing your business plan easier. The FCC business plan bundle was designed specifically for farm operations and anyone involved in Canadian agriculture.

The bundle includes:

Business plan guide with instructions and resources

Blank business plan template

Sample business plan

Why you need a business plan

There's a lot involved in writing a business plan, but it’s a worthwhile investment. It can help secure financing from a lender, attract investment or act as an internal guide, keeping your management team focused on the same goals.

Related business plan tools

Analyzing cash flow drivers

Assessing your liquidity

Assessing your management ability

Building and sensitizing financial projections

Creating an organizational chart/job description

Financial Asset Analysis

Foundational financial ratios

Net worth template

FCC Knowledge Newsletter

Bringing our best business management content to your inbox.

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Food Truck Empire Logo

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  • DOWNLOAD BUSINESS KIT

Download My Complete Popcorn Business Plan Template (PDF + Word Doc)

If you’re not a a regular reader of the blog, let’s get you up to speed… I’m starting a popcorn business! At first, I plan generate all my sales at events using a concession trailer similar to kettle corn vendors you’ve seen at little craft fairs and pumpkin patches.

This business plan template outlines my estimated cost to get started, where I source supplies, the permits I’ll need, where I’m planning to vend. In other words, I’m sharing everything you would want included in a food business you intend to operate!

Since this is a real business I’ll be adding as much detail as possible. I strongly urge you do the same if you are thinking about starting a popcorn business too. If you want to keep tabs on this business, don’t forget to signup for the Food Business Startup Kit here to get regular progress reports. You can also explore my pitch deck here that offers a condensed version of the business plan.

about us popcorn business

About us section of pitch deck.

Here’s the outline of my business plan so you can navigate to the section that interests you the most. If you’re interested in starting a popcorn business, I also recommend listening to our audio lesson How to Start a Profitable Part-time Kettle Corn Business. 

Executive summary

The goal of the executive summary is gives anyone who reads the document a crib notes version of the business. The executive summary should be able to stand on it’s own and explain to potential investors or family members how you expect to make money.

Most business should be able to explain exactly what they do in only a few sentences. The rest of the document is reserved for the detailed operation of the business. Here’s my executive summary for a small popcorn business:

Temecula Popcorn Company is a small-batch popcorn maker with unique flavors that serves at popular locations like wineries, farmer’s markets, and other live events. As the brand grows locally, we plan to test market selling our products in local grocers.

This is our rotating menu of small batch popcorn flavors. Each popcorn comes in a large size clear plastic bag. Tentative retail prices are listed below. 

  • Traditional Kettle Corn – $6
  • Parmesan Rosemary – $6
  • Garlic Herb – $6
  • Everything Bagel – $6
  • Salt & Vinegar – $6
  • Citrus Popcorn – $6
  • Pumpkin Spice – $6 (Fall Only)

We will serve customers who visit events in the Temecula / Murrieta on weekends. The combined population of these two cities is approximately 230,000 according to Wikipedia. On weekends visitors to this region attracts an even larger group of people that come to the area to visit over 40 local wineries and attend special events. This market offers Temecula Popcorn Company more than enough potential customers to operate profitably.

Competition: 

There are numerous local competitors offering kettle corn at events. These specific competitors are detailed later this this business plan. We plan to differentiate our product through a combination of unique popcorn flavors (like Pumpkin Spice and Salt & Vinegar) in addition to better branding that uses imagery of hot air balloons (a common sight in this area) and consistent customer service.

Management: 

Temecula Popcorn Company will be operated by the owner in the early days. In the future, we will explore hiring part-time staff for operations and to expand locations.

Funding needed: 

We will require about $40,000 in capital to be open for business. This will cover the costs of purchasing a custom built popcorn trailer, all the initial inventory, and business licenses. These funds will be acquired through a combination of personal savings and loans. No outside investors will be leveraged to start the company.

Financial projections:

We anticipate paying off all business debt within 12 – 16 months of opening. We anticipate hitting this mark even with modest revenue expectations and operating on weekends only. After paying off all debt, we will consider reinvesting profit into growth for the company.

Mission statement

The mission statement is a formal summary of the aims and values of a company. For many new businesses it’s important to develop a mission statement that goes beyond making money. A broader vision that includes a specific social cause can be helpful in motivating yourself, employees, and can be used as a creative way to gain more press coverage for a startup.

My mission statement is below:

Our mission is to provide the highest quality, small-batch popcorn with creative flavors. We continually think of ways to create consistent, memorable, and fun customer interactions.  Our mission also includes being a good member of the community by donating to and helping fundraising efforts of deserving local organizations or people.

Market analysis

Industry overview: There are 15 billion quarts of popcorn consumed annually in the United States according to The Popcorn Board . The industry has a market value of $2 billion with the ready-to-eat products continuing to grow in demand. This ready-to-eat popcorn could be a future growth opportunity for this business as well. This is a product with strong consumer demand and growth opportunities.

Target market: At first we will generate sales from individuals and families that attend local events where we vend. Our market has over 40 wineries within 15 miles, numerous farmer’s markets and flea markets where we can vend regularly. As we begin generating more sales, we will work to identify a more specific target market.

Competition: We’ve conducted a competition analysis of other popcorn vendors. Established players in the local market serve traditional kettle corn without innovative flavors. The current competitors do not offer any unique brand experience either.

Pop’n Mama Kettle Corn – Kettle corn tent that has been around since the 1990s in the area. Serves traditional kettle corn only from a tent. Sells large bags from $7 – $10 depending on event. 

Sweet Country Kettle Corn – Popcorn in a tent that vends at a variety of local markets. This business offers a variety of popcorn flavors. 

Kettle Masters – Traditional kettle corn from a tent. No special brand differentiator.  

There are numerous other smaller popcorn vendors that offer traditional kettle corn from a tent. 

Pricing and forecast: 

We expect to sell popcorn at $5.00 per bag with a goal of hitting 100 sales per day on average. This will result in $40,000 in gross sales in year one assuming 80 vending days.

sales goal

Our goal is to generate $500 in sales each day vending.

Management structure

For most startup businesses like food trucks or small kettle corn tents, you don’t need to spend much time fine tuning a management structure. If you plan to own / operate the business then the buck begins and ends with you.

As you grow the business, you can begin to evaluate different roles to bring in. One of the best first hires would be a part-time person that could sell popcorn at events on weekends. This would allow you to take time off, while generating sales at a proven location. Another option is to hire a bookkeeper part-time to help with tax filing.

Related Reading: Download My Food Business Model Canvas with Template

Product line and service

popcorn menu

My first-draft menu.

Sales and marketing

Our primary way of generating sales and marketing the business will be serving at live events where families gather. The most important first step will be to identify vending spots that are profitable for our products.

General ideas include wineries, flea markets, farmer’s markets, and fundraising events where we can do revenue splits with the organizers. We also hope to vend at seasonal events like pumpkin patches and other seasonal celebrations. Here are the specific places we plan to test.

vending locations

List of vending locations.

Here is a map where this vending spots are located. As you can see these opportunities are located nearby each other.

vending map

Map of vending locations.

While at live events, we also hope to establish a strong social media marketing presence. By attending a lot of live events we will have plenty of opportunities to take photos and videos in fun locations and share those online. Overtime we hope to build a local following that we can use to help share our location and cross promote the events we’re working. We will be focused on Instagram as our primary social network initially.

Funding request

We will require $40,000 in startup capital to open this business. These funds will cover buying the popcorn trailer, initial inventory of popcorn, equipment, and licenses.

  • $20,000 personal savings
  • $20,000 traditional bank loan

I hope to be able to pay off the loan and be debt free after 12 months of operation.

Financial projections

If you’re seeking financial backing from investors, you’ll want to provide 5 year financial projections at a minimum. But for a self-funded business, a shorter time frame like this is sufficient.

I still recommend making basic financial estimates even if you don’t plan to bring in investors. This will help you determine if the business is worth starting based on the current business plan.

This is where you can insert additional information about your business. Personally, I like to include copies of documents like permits, licenses, and details about what equipment and supplies I plan to buy. This creates a one-stop  location for finding out where to source popcorn kernels or bags of salt in case I forget. This is a free-form area of the business plan so don’t worry about the correct formatting here.

Identify Food Source of Ingredients

50 LB Bag of Popcorn – $19.49 + Shipping

https://www.webstaurantstore.com/reist-popcorn-hi-pop-50-lb-large-butterfly-popcorn-kernels/380POPBFLYMD.html

50 LB Bag of Carnival King Mushroom Popcorn – $20.49 + Shipping

https://www.webstaurantstore.com/carnival-king-50-lb-extra-large-mushroom-popcorn-kernels/382POPMSH50.html

50 lb Bag of Conagra $26.99 + Shipping

https://www.webstaurantstore.com/conagra-magic-mushroom-large-mushroom-popcorn-kernels-50-lb/380POPMAGIC.html

10 LB Bag of Popcorn Salt – 6.59 + Shipping.  

https://www.webstaurantstore.com/carnival-king-10-lb-popcorn-salt/382SALTPOP10.html

25 LB Bag of Sugar $30.99

http://www.nebraskapopcorn.com/bulk-bagged.html

This is the gold standard of popcorn kernels according to my mentor. I’ll be reaching out to this company to get current pricing for a 50 lb bag mushroom kernels and estimated shipping. My understanding is I’ll need to order by the pallet from this company to have popcorn shipped the farm in from Nebraska.

Popping Equipment

Salt or Seasoning Shakers 

10 oz Stainless Steel Shaker with Handle

(2) 22 oz Stainless Steel Dredge Salt Shakers no Handle

Caldo Linen Kitchen Apron – This is a much more expensive and or premium option for an apron. But I also really like the way it looks. I plan to spring for the extra bucks to order this apron for myself. After all if you look good, you feel good. I’m also telling myself this small touch will elevate the appearance of my brand.

12 Pack of White Aprons – I’ll need a few of these anyway as aprons will fade over time.  Might as well stock up at an affordable price.

Black Aprons 2 Pack – I’m on the fence right now and might purchase some black aprons. My thinking is these will be easier to keep clean. They can also be picked up in bulk for only a few dollars per unisex apron.

I plan to pair the apron with a basic color t-shirt underneath. This will serve as the uniform for employees operating the business (AKA: ME).

Food Storage Containers

You can’t have open bags of popcorn or sugar laying around your popcorn trailer. As a result, need to order commercial-grade food storage containers with lids to seal any opened product. We are looking at either 18 quart or 22 quart sizes. The 18 quart clear storage container should be able to store an entire 25 lb bag of sugar or popcorn kernels in it. I’m planning to buy four – six of these.

Rubbermaid Commercial Containers 

Cambro Food Storage Container

Propane Tanks

I plan to purchase two 40 lb propane tanks to pop the corn. This is twice the size of a regular 20 lb propane tank you pick up at a gas station for your BBQ grill. A 40 lb propane tank should be able to cook 350 pounds of popcorn. You can order an empty 40 lb propane tank just about anywhere including Walmart or Lowe’s according to their websites.

Portable Vending Concession Cart Sink

I will be operating this popcorn business in the great state of California. The health code requirements here to vend in public are higher here than in a lot of other states. As a result, I will be investing in this small mobile, 4 compartment sink. This includes a convenient hand washing station too. Installing this sink means I shouldn’t need to mess around with plumbing inside the unit since everything will be self contained.

http://www.allgreenmanufacturing.com/index.php?product=3

Fire Extinguisher 

I plan to contact the local health department to see what size and brand of a fire extinguisher they recommend. This is a piece of safety something I will be cutting corners on to save a couple bucks.

Protective Face Shield

I don’t want a wild piece of popcorn flying out of the kettle and hitting me in the eye. For safety purposes I will be buying at least two of these clear face shields: https://www.amazon.com/Sellstrom-S30120-Advantage-All-Purpose-Polycarbonate/dp/B074P6Y9GG/ref=lp_393327011_1_4?s=hi&ie=UTF8&qid=1582732366&sr=1-4

Download templates

Here are the templates you can use to help start your business in PDF or PowerPoint. You can also copy and paste this information into a Word Document for you to edit and make your own.

  • Pitch-Deck-Example-Template – This is essentially a mini-business plan you can use to organize the most important parts of your business quickly.
  • Pitch-Deck-Example-Template – View in PDF format.

If you’re serious about starting a popcorn business, be sure to sign up for our Food Business Startup Kit . This is a free subscription where we share interviews with proven food entrepreneurs and you get our business model canvas for free when you enroll.

Want to start your own food business?

Hey! 👋I’m Brett Lindenberg, the founder of Food Truck Empire.

We interview successful founders and share the stories behind their food trucks, restaurants, food and beverage brands. By sharing these stories, I want to help others get started.

If you liked this story, sign up for our newsletter that includes our food business startup kit and most popular interviews sent straight to your inbox.

Know someone interesting that should be interviewed on the website? Tell us about them here. 

About the Author: Brett Lindenberg

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  • MyU : For Students, Faculty, and Staff

Center for Farm Financial Management

Grain Marketing Plans

Since 2001, Ed Usset has been writing and executing marketing plans for his mythical farms; a corn and soybean operation in Southwestern Minnesota and a wheat farm in the Red River Valley of Northwestern Minnesota.

These marketing plans are not intended to represent the “perfect” plan – Ed submits to you that there is no perfect plan. Rather, they are intended as a teaching tool, to show producers what a solid plan looks like and the process of implementing that plan.

Use these free Grain Marketing Plan Templates to start your own plan!

Pre-harvest Marketing Plan Template

Post-harvest Marketing Plan Template

  • Corn Pre-harvest
  • Soybeans Pre-harvest
  • Spring Wheat Pre-harvest
  • Corn Post-harvest
  • Soybeans Post-harvest
  • Spring Wheat Post-harvest

corn farming business plan

Small Business Trends

50 small agricultural business ideas.

agricultural business ideas

Beyond the high-tech sector, various industries, such as agriculture, continue to hold significance in the U.S. economy. This sector not only sustains local businesses but also produces essential goods for international trade. While not all businesses may be engaged in global trade, there are numerous compelling opportunities to explore in the realm of small-scale agriculture., here are 50 small agricultural businesses you might consider.

Our Methodology to Choose the Best Agricultural Business Ideas

For entrepreneurs looking to venture into the agricultural sector, choosing the right business idea is key to success. This industry offers a range of opportunities but also comes with its unique set of challenges. We’ve developed a set of criteria to help assess various agricultural business ideas. Each factor is rated on an importance scale where 10 signifies the highest level of importance. This approach ensures that crucial aspects are given priority in our evaluation. Here’s our methodology:

  • Our Importance Scale: 10/10
  • Assessing the current and future demand for agricultural products or services is vital. This includes understanding consumer trends and preferences.
  • Our Importance Scale: 9/10
  • Evaluating the amount and type of land required, as well as other resources like water and equipment, is crucial for the feasibility of the business.
  • Our Importance Scale: 8/10
  • Considering sustainable practices and the environmental footprint of the agricultural business is increasingly important for long-term viability.
  • Analyzing the potential for profit, including costs, pricing strategies, and revenue streams, is essential for economic sustainability.
  • Our Importance Scale: 7/10
  • The potential to scale the business and expand into new markets or products should be considered.
  • Our Importance Scale: 6/10
  • Understanding and adhering to agricultural laws, regulations, and certifications is crucial to avoid legal issues.
  • Assessing the need for skilled labor and the availability of such workforce is important for operational planning.
  • Our Importance Scale: 5/10
  • The ability to integrate modern agricultural technologies can increase efficiency and productivity.
  • Considering factors like crop failure, market fluctuations, and environmental risks is essential for developing a resilient business plan.
  • Our Importance Scale: 4/10
  • Evaluating the business’s impact on the local community and its potential to contribute socially can enhance reputation and support.

This structured approach allows for a comprehensive assessment of agricultural business ideas, ensuring that entrepreneurs make informed decisions that align with market needs, personal goals, and sustainability practices.

Agricultural Business Ideas

Urban agriculture.

You don’t need a huge space to get into the agriculture business. If you have a city or suburban home, you can still plant some crops in small or vertical containers to get the most out of your space. There are plenty of profitable crops you can grow in these environments.

Farmer’s Market Vending

Whether you live in the city or country, you can take the food that you grow or produce and sell it at local farmers’ markets to earn an income and provide value to your community.

Herb Growing

Herbs like basil, parsley and mint can make for great agriculture products. So you can grow it at your home or farm with little space required and sell it at a profit.

Vegetable Farming

You can also plant a variety of different vegetables and harvest them to sell or make into different products with high market demand.

Livestock Feed Manufacturing

Even if you don’t have enough space to actually farm livestock, you can still contribute to the industry by manufacturing feed for livestock.

Fruit Growing

Or you could grow and harvest various types of fruit to sell or make into other fruit based products.

Field Crop Farming

Soybeans, cloves and other types of crops require a fair amount of field space to grow. But if you have the land, you can harvest specific crops to sell to food producers.

Nursery Operation

You can also start your own nursery where you grow and sell different types of plants to consumers or businesses.

Dairy Farming

If you have the space and the ability to care for cows or other dairy animals, you could start your own dairy farms where you produce milk, cheese and similar products.

Poultry Farming

Or you could focus on caring for chickens and other poultry animals to supply food production companies.

Fish Farming

Fish farming is also a growing sector of the agriculture – or in this case, aquaculture – industry. The process requires raising fish in large tanks or enclosures. There’s tons of market demand and room for profits.

Rabbit Raising

You can also raise rabbits for a variety of different purposes within small pens or similar enclosures.

Snail Farming

If you’re looking for a very small type of animal to raise, you might consider snails. It might sound strange, but you can raise snails for use in escargot. And snail slime can also be used by companies for a variety of different purposes. There’s high profit margins and little space requirements.

Mushroom Farming

You could also start a farm where you focus specifically on growing various types of mushrooms. These grow quickly and can be sold at high profits.

Beekeeping is an activity that can lead to a variety of different product-based business ventures. For example, there’s high market demand for artisanal honey and beeswax.

Honey Production

In fact, many companies focus specifically on harvesting honey from beehives and sell it to consumers or processors.

Beeswax Processing

You can also collect and process beeswax and sell it to companies or individuals that use it to make candles and similar products.

Soy Production

Soy is another popular substance that can be used in a variety of different products. So if you can harvest and process it, you can sell it to companies for various uses.

Food Delivery

If you grow or process food items, you can also build a business around delivering fresh food items to local consumers who want to buy local products.

Bulk Foodstuff Wholesaling

You could also harvest food that can be sold in bulk, like rice or corn product, that you can sell wholesale to food production companies.

Weed Killer Production

Or you could start a B2B business that produces weed killer specifically for farmers or other agricultural businesses.

Fruit Canning

If you grow or process fruit, you can can it to sell to consumers or food companies.

Jam Production

Or you could process various fruits even further to make into canned jam or jelly products. This doesn’t require much space and can even scale over time.

Juice Production

Juice is another popular fruit based product that you could potentially make and sell at farmers’ markets or other venues.

Meat Packing

You can also start a business that processes meat products to sell to consumers or grocery markets.

Hatchery Operation

Or you could focus on collecting and selling chicken eggs. It’s possible to start small and then scale your business over time.

Florist Business

You could even start a florist business where you grow your own flowers to use in different products and arrangements.

Spice Production

There are also plenty of different plants you can grow that will allow you to create various spices that you can process and sell.

Nut Processing

Or you could grow peanuts or similar products that you can package and sell.

Organic Gardening

You could also specialize in organic gardening practices so you can market your products to health and eco-conscious consumers. Sustainability is huge with consumers, and organic foods are in line with current trends.

Sustainable Farm Consulting

Or you could even offer your expertise to other farmers or agriculture businesses that want to utilize sustainable methods as a consultant.

Agricultural Equipment Rental

If you have the capital to purchase farming or agriculture equipment, you could start a business where you rent or lease that equipment out to farmers. This can be an incredibly profitable and scalable business.

Worm Farming

Compost can be a useful tool for food growers. So you can make compost to sell to farmers and gardeners by starting your own worm farm.

Goat Rentals

People who have a lot of land and don’t want to spend the time to mow it could potentially use the help of goats. So you could start your own business where you care for goats and then rent them out for that purpose.

Christmas Tree Farming

You could also grow pine trees on your property and then sell them to nearby customers around the holidays to use as Christmas trees.

Firewood Production

Or if you have other types of trees on your land, you could use sell the firewood to those who need it. Creating a long term sustainable business would depend on expanding the amount of land on which you can harvest trees and also systematic replenishment through continuous replanting.

Tree Seed Supply

You could also harvest seeds from different trees and sell them to people who want to plant new ones.

Oil Production

There are also various types of plants that you can use to produce oil for cooking or other purposes. So you can process that oil process to sell.

Potted Plant Sales

Or you could grow different types of plants and then sell them in pots to gardeners or consumers looking for houseplants.

Butterfly Farming

Gardeners can often use butterflies to aid in their growing processes and aesthetics. So you could start your own butterfly colony and target gardening customers.

Wool Production

Or you could focus on raising animals like sheep and alpaca for wool production.

Pet Food Production

You could also use a variety of different crops and food products to create pet food that you can sell to consumers. There’s always huge market demand for this type of product.

Planting Service

If you don’t have your own farm but still want to build a business centered around planting crops, you could start your own planting service and work with other farmers or growers in your area.

Farm Sitting

Or you could build a business by providing farm sitting services where you take care of people’s farm or land while they travel.

Corn Maze Operation

If you have corn plots on your property, you can create a corn maze that you can charge people to visit throughout part of the year.

Petting Zoo Operation

You could also raise certain animals and then welcome visitors to your farm as part of a petting zoo attraction.

Educational Farming

Or you could have a farm where you welcome student groups or those interested in learning more about farming.

Trail Ride Service

If you have a tractor or other vehicle that you can drive around to different parts of your farm or property, you can offer trail rides as another paid attraction.

Agrotourism

You could also offer a whole tourist experience at your farm where people can come visit and maybe even stay as part of a bed and breakfast type of experience.

Fee Hunting

And if you have land that is large enough and has certain types of animals on it, you could even let people pay to visit for hunting purposes.

Nurturing Agricultural Entrepreneurship: Beyond the Fields

While agriculture has a strong foundation in traditional farming practices, innovative business ideas can further enhance its impact and sustainability. Here’s a unique avenue within the agricultural sector that goes beyond traditional farming:

Agrotourism Ventures

Agrotourism offers a fascinating way to connect consumers with the origins of their food and immerse them in the agricultural experience. By opening your farm to visitors, you can create memorable and educational interactions that benefit both your business and the community.

  • Farm Tours: Provide guided tours that showcase various farming activities and offer insights into modern agricultural practices.
  • Farm-to-Table Experiences: Host farm-to-table dinners, allowing visitors to savor the freshness of your produce in a unique culinary setting.
  • Educational Workshops: Offer workshops on sustainable farming techniques, animal husbandry, or even crafting products from farm resources.
  • Accommodation Services: Create a farm stay experience by offering lodging for visitors interested in an authentic rural getaway.
  • Seasonal Events: Organize seasonal festivals, pumpkin patches, or apple picking events that attract families and individuals seeking outdoor adventures.

Agrotourism ventures not only diversify your revenue streams but also foster a deeper appreciation for agriculture among the public while promoting rural economies.

By tapping into the potential of agrotourism, you can bridge the gap between urban and rural worlds, promote sustainable practices, and cultivate a thriving business with a meaningful impact.

Agriculture’s Timeless Resilience

In an era defined by technological marvels and urbanization, agriculture stands as a steadfast pillar of the American economy. It may not always capture the limelight, but agriculture is deeply woven into the fabric of our nation. It is not merely an industry; it’s a way of life that sustains communities, fosters connections between urban and rural worlds, and guarantees the security of our food supply.

The enduring relevance of agriculture is a testament to its adaptability. While modern life may seem far removed from the image of a traditional farmer, today’s agricultural landscape thrives on innovation and diversification. The 50 small agricultural business ideas we’ve explored here are emblematic of this evolution, showing that agriculture’s reach extends far beyond the countryside.

Cultivating Innovation Across Boundaries

One of the defining characteristics of modern agriculture is its remarkable adaptability and openness to innovation. Urban agriculture is a prime example, proving that farming can flourish even in the heart of the city or within the confines of a suburban backyard. It is a testament to human ingenuity, illustrating our capacity to find solutions and adapt to constraints, no matter how limited the space.

The concept of farmer’s market vending takes us back to the roots of agriculture, where producers and consumers engage directly. It rekindles the age-old tradition of bringing farm-fresh products to local communities, serving as a testament to the enduring entrepreneurial spirit within agriculture.

The simplicity of herb growing and vegetable farming highlights the fact that you don’t need vast tracts of land to embark on an agricultural journey. A small garden or a few containers can yield a bountiful harvest, and these homegrown products can be transformed into a variety of value-added goods. This dynamic not only provides sustenance but also generates income.

Indirect Contributions to Agriculture

While some agricultural entrepreneurs cultivate the land directly, others play vital roles that support the industry indirectly. Consider the manufacture of livestock feed, a pivotal component of the broader livestock sector. Even without the space or means to raise animals, contributing through high-quality feed production ensures the health and productivity of livestock farms.

Nursery operations, often overshadowed, are the silent contributors to the verdant landscapes that surround us. By cultivating and selling various plants, from ornamental shrubs to fruit trees, they enrich our surroundings and provide essential resources for gardeners and landscapers.

Similarly, dairy farming, poultry farming, and fish farming represent facets of animal agriculture that demand considerable resources and expertise. These enterprises ensure a steady supply of dairy products, eggs, and seafood, catering to the nutritional needs of a growing population.

Exploring Specialized Agricultural Niches

Venturing into specialized niches within agriculture opens doors to innovative opportunities. Take snail farming, for instance—a seemingly unconventional yet fascinating endeavor that serves a niche market interested in escargot and snail slime. Similarly, mushroom farming represents a unique and lucrative sector, offering gourmet and medicinal mushrooms to discerning consumers.

In the realm of apiculture, or beekeeping, a world of possibilities unfolds beyond honey production. Beeswax processing, for example, boasts a wide range of applications, from cosmetics to candle making. By engaging in beekeeping, individuals contribute not only to their livelihoods but also to the preservation of essential bee populations crucial for pollination and agriculture.

Harvesting Earth’s Bounty: Crop-Centric Ventures

Crops have always formed the foundation of agriculture, and today, they continue to shape the industry. Field crop farming, focusing on crops like soybeans and cloves, requires substantial acreage but provides raw materials essential to food production. Soy production, on the other hand, showcases the versatility of this legume, with applications ranging from tofu to biofuels.

Enterprises such as fruit canning, jam production, and juice manufacturing capture the essence of fruits at their peak, allowing consumers to savor the flavors of summer throughout the year. These endeavors not only preserve nature’s bounty but also offer value-added products that grace our tables and pantry shelves.

Local Impact, Global Reach: The Essence of Agriculture

While some of the business ideas we’ve explored primarily target local markets, others possess the potential to reach far beyond. Food delivery services that source products from local growers contribute to the “farm-to-table” movement, promoting sustainability and supporting small-scale agriculture. Similarly, bulk foodstuff wholesaling plays a pivotal role in supplying staple crops to food production companies globally, demonstrating that agriculture transcends geographical boundaries.

Pig Farm Photo via Shutterstock

summer business ideas

Some great ideas there thanks. I must admit Goat Rentals is not one I would have thought of but very interesting all the same. There is too much land left idle so the more people do something productive with land the better.

We have huge land bank in Maharashtra tropical climate, and fertile soil, we require a financial partner to start Agriculture as well as agro forests, where we can receive in regular Income as well as long term income,

near by place Cashew, Mango fruits are growing, sugar cane, animal breeding, fruit processing,dairy production can we started,

we are looking genuine investors on partner ship basis, as well as technology basis for a Long term business deal

I’m interested

Thanks from a rural reader. Also Goat Cheese Farms are big near us. You can make and sell the cheese plus have a “farm Tour” and charge a small fee. Families love to picnic when they visit.

Edited by Editor

Good list. I agree with Marsha’s comment…farmstead and/or artisan cheese is a good business, especially when you include the agritourism element.

Very useful content, we just have to add innovation

My family and I are looking to do a niche farm in South Georgia. We do not have any land, but have extensive experience in hospitality ( culinary, marketing, events.) Looking for anyone that could assist in getting us started, rather it’s a niche crop or land we can help build up and turn into a destination place surrounded by agrotourism.

I I am interested in organic vegetable farming and juicing aimed at improving life of people I need support for machine that will do the juicing packaging

I am interested in layer farming I need financial partner 15 acre my own land anyone who are interested contact me I am from haryana my contact no. 981301****

I am interested I based in S.A. johannesburg

Very useful ideas

I’m very overwhelmed and fascinated on the wide range of activities and businesses that encompasses Agribusiness. Right now, I have taken a kin interest about this type of business. I will write my business plan, and a vision pertaining this business. And this year, am starting this business. I’m from Zambia, Africa. Thanks!

I’m from Zambia too and I’m in agriculture… I think we should meet and have a business conversation

Thanks for these ideas. I have seen other new stuff. I am a Liberian and my family owns a whole lot of land. i have started a small yard aloe vera gardening process. Just last week, a friend of mine who owns a Liberian beauty product company called J Palm and I tested our first product by producing an organic aloe vera soap. We also have a potential to produce organic coconut oil for export and other usages.

Now, I want to expand with the land I have. I am inviting small investments between 1500-5000 USD. Contact me and we can talk more. Check out JPalm Liberia or Mahmud Johnson on google and see the amazing works this young Liberian man is doing here. We could partner with him through my aloe initiative. My WhatsApp: +231886405203

Are you in united state or in Liberia ?

Nice idea. I really appreciate it. I am interested with your business idea..

Your explanation pertaining to agriculture is just good and on point and has broaden my understanding scope of agricultural science. yeah agriculture is one of the subject that have kept on emerging or branchings from our forefathers into so many aspect we couldn’t have imagined. thank you for your enlightenment.

for present situation agriculture can be a good business for youths to become self reliant and contribute to the economy of the country.

Really Impressed with all the ideas and i am already practicing few of this like :Bulk food wholesaling,Fish Farming,Weed Killer /Oil Production/Agricultural Equipment Rental, Trail ride service and now am planning to start with Educational farming and farm sitting.

it has been observed as best business for youth at current situation

Kindly send through these ideas on mail below

Please send these ideas to my email below, I grew up from a very poor family and agriculture was in my blood , l used to plant veges and now that has come back strong to me during lock down , so my uncle is giving me a land and l want to do something

Very useful ideas thank you

Great article !!!!

It’s good to know from this article that we can start growing simple herbs like basil, parsley, and mint even in our own home. Growing my own plants had always been my passion and someday, I want to have my own farm that I can harvest regularly. Still, it might be better to organize everything first including insurance before getting into proper business.

Do you have Interesting innovation on Agribusiness and needs sponsorship kindly write to we are working with various investors who are ready to invest in agriculture blockchain technology.

I am very much interested in farming. Am doing my PhD working on lettuce crop.

I want to start vertical farming leafy vegetables in India. I would need some suggestions.

Also I have another idea of mushroom cultivation.

Please provide valuable suggestions.

Thanks in advance

I am really happy to delve to your article on agribusiness idea, I want to say a big thank you for the insight that I derived from reading the idea shared on this page

Thank you for innovative ideas… I would like to start with small business in agriculture but starting capital is a big threat..

This is very expository and the content of this piece is has enlightened me on agricultural small scale businesses. Thank you.

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VIDEO

  1. Corn farming,Modern Farming#shortsfeed #viralvideos #viralshort#farming #shortsvideo #viral

  2. Trying to save the corn! #agriculture #countrylife #farm #farmer #farming #farmers #farmlife

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  5. CUT CORN AND MAKE CHAFF WITH KRONE FORAGE HARVESTERS AND RIGITRAC TRACTORS

  6. Corn farming #satisfying #short

COMMENTS

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    Starting Maize Farming Business Plan (PDF) Maize, also known as corn, is one of the most notable grain or cereal crops in the world. After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to ...

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  6. 12: Business Plans

    Cornell Small Farms Program Online Course BF 202: Business Planning. The Cornell Small Farms Program offers 20+ online courses every year on many topics related to the production and business sides of farming. Most are taught by Cornell Cooperative Extension educators. BF 202 is a 6-week course that will guide you through the process of writing ...

  7. Free Agriculture Sample Business Plan PDF + How to Write

    You'll probably want to include each of these sections: 1. Executive summary. An overview of your agriculture business, with a brief description of your products or services, your legal structure, and a snapshot of your future plans. While it's the first part of the plan, it's often easier to write your executive summary last. 2.

  8. Plan Your New Farm Operation

    The Farm Business Plan Balance Sheet can help gather information for the financial and operational aspects of your plan. Form FSA-2037 is a template that gathers information on your assets and liabilities like farm equipment, vehicles and existing loans. FSA-2037 - Farm Business Plan - Balance Sheet. FSA-2037 Instructions.

  9. Master Boiled Corn Farming: 9-Step Business Plan Checklist!

    In conclusion, writing a business plan for boiled corn farming involves several important steps to ensure success in this direct-to-consumer sales business model. By conducting thorough market research, defining target audiences, and assessing the competitor landscape, farmers can gain valuable insights to guide their business decisions. ...

  10. Tips For Starting a Corn Farm Business

    Corn has also been used for centuries to make ethanol fuel (although this use is controversial). And there's also another exciting use: as a raw material in biodegradable plastic production. Essentially, corn has several uses apart from food and starting a corn farm can be very profitable for you because of how versatile they are.

  11. How to write a business plan for a grain farm?

    Let's go through the content of each section in more detail! 1. The executive summary. The first section of your grain farm's business plan is the executive summary which provides, as its name suggests, an enticing summary of your plan which should hook the reader and make them want to know more about your business.

  12. Maize Farming

    Step 4: Select A Good Location. First of all, select a good location for maize farming. Maize plants grow well in fertile soil with pH ranging from 5.5 to 7.5. They can be grown on wide range of soil types including loamy, sandy loamy or clay loam soil (heavy clay soil is not good for maize farming).

  13. Farm Business Planning

    A business plan is a decision making tool that takes the form of a formal document. It states your business goals, why you think you can achieve them, and lays out your plan for doing so. Farm business planning is also a process, not an end product. A business plan is a work in progress, which farm business owners or operators will want to ...

  14. Agricultural Business Plan Template [Updated 2024]

    Traditionally, a marketing plan includes the four P's: Product, Price, Place, and Promotion. For a agricultural business plan, your marketing strategy should include the following: Product: In the product section, you should reiterate the type of agricultural company that you documented in your company overview.

  15. Free Farm Business Plan Template

    An effective farm business plan should start with an executive summary of what your business plan will include. The rest of the business plan should speak to the goals and objectives, company history, the background of the owners and operators, products and services to be offered, target market, industry analysis, and projections for the first few years of operation.

  16. [Pdf Sample] Crop Farming Business Plan Docx

    The operational plan details the day-to-day activities and processes involved in running your crop farming business. Discuss land acquisition, equipment and machinery, crop rotation plans, irrigation systems, and pest control measures. Include a timeline of activities, from land preparation to harvesting, to ensure efficient operations ...

  17. Farming 101: How to plant corn

    Planting day. Set up your planter with your desired seeding rate and make sure it is set for the right seed depth. Licht recommends 2 inches. "If it's dry, that's deep enough to get moisture. If it's wet, it can get out of the ground rapidly.".

  18. Industrial Corn Farm Business Plan

    Corn is a staple crop in the United States, and no place exhibits this more than an industrial corn farm. Perhaps competition is not as fierce in your country... and that might mean there's an opportunity right in front of you! Check out this template and use it to present your business plan to try to get off to a good start. With a palette ...

  19. Free downloadable business plan template

    We want to help make writing your business plan easier. The FCC business plan bundle was designed specifically for farm operations and anyone involved in Canadian agriculture. The bundle includes: Bundle includes: Word documents and pdfs. By accessing, downloading, and using the FCC Business Tool Template, you acknowledge and agree that any use ...

  20. Download My Complete Popcorn Business Plan Template (PDF + Word Doc)

    Pricing and forecast: We expect to sell popcorn at $5.00 per bag with a goal of hitting 100 sales per day on average. This will result in $40,000 in gross sales in year one assuming 80 vending days. Our goal is to generate $500 in sales each day vending.

  21. Grain Marketing Plans

    Grain Marketing Plans. Since 2001, Ed Usset has been writing and executing marketing plans for his mythical farms; a corn and soybean operation in Southwestern Minnesota and a wheat farm in the Red River Valley of Northwestern Minnesota. These marketing plans are not intended to represent the "perfect" plan - Ed submits to you that there ...

  22. (PDF) Grain Business Plan

    PDF | Business plan for grains | Find, read and cite all the research you need on ResearchGate ... Sales of Guinea Corn . 100,000 . Sales of Maize . 66,000 . ... FISH FARMING BUSINESS PLAN ...

  23. Sample Business PLAN

    Sample Business PLAN - CORN Business. Course. Entrepreneurship (Entrep 101) 58 Documents. University. Don Honorio Ventura Technological State University. Academic year: 2018/2019. Uploaded by:

  24. 50 Small Agricultural Business Ideas

    Farm Sitting. Or you could build a business by providing farm sitting services where you take care of people's farm or land while they travel. Corn Maze Operation. If you have corn plots on your property, you can create a corn maze that you can charge people to visit throughout part of the year. Petting Zoo Operation