Small Farm Business Planning Templates And Instrucitons Page 3
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50Introduction: Small Farm Business Planning
UNIT OVERVIEW
MODES OF INSTRUCTION
> LECTURE/DEMONSTRATION (presented in one half-day session
This unit provides practical advice on
or three 50-minute classes)
how to approach business planning
· Lecture 1 introduces the concept of business planning and
in the start-up phase of a small farm.
the critical elements of a business plan. Lecture 2 reviews a
Lecture 1 provides an overview of why
sample business plan, including discussion and interactive
exercises. Lecture 3 and the Step-by-Step Exercise review and
and how to plan. Lecture 2 provides
demonstrate a cash flow spreadsheet, and include discussion
a detailed examination of a sample
of elements of cash flow planning and proper categories for
business plan with interactive exercises.
sources and uses of cash.
The third lecture demonstrates how to
LEARNING OBJECTIVES
develop a month-by-month cash flow
CONCEPTS
projection for the first two years of a
· The rationale behind business planning
new farm.
· The essential components of business planning for start-up,
developing and mature farming enterprises
The main goal of this unit is to
SKILLS
encourage students to see holistic
· Ability to develop a basic 5-part business plan for a start-up
farming enterprise including: values and goals assessment,
business planning as a necessary and
resource analysis, market analysis, market plan, time
integral part of farming. For students
management plan, farming plan, and financial analysis
who have learned how to develop a
· Ability to develop a basic 2-year cash flow budget for a small
farm plan suitable to specific soils and
farm enterprise and assess the economic viability of the
operation
climates, this unit will teach them how
to think about modifying the farm
plan to address specific marketing
opportunities and resource limitations.
The objective of the unit should be that
each student leaves with a business
plan well started.
Unit 2.0 | 3
Introduction
Small Farm Business Planning
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