NFU Mutual Smallholding Insurance

Author Topic: Business Plans for Smallholding  (Read 556 times)

Maysie

  • Joined Jan 2018
  • Herefordshire/Shropshire Border
Business Plans for Smallholding
« on: January 21, 2019, 03:18:52 pm »
We need to formally write up a business plan for our holding to focus our mind regarding the direction we intend to take and avoid the lonely trail down dead-ends which wont work for us financially. 

I have downloaded a few templates from the interweb, but really would not know a good template from a bad one, so does anyone have any help they could offer in terms of good templates they have used for a small farming/agricultural fledgling business?  Most of the templates/examples I have gathered are not related to farming/agriculture in any way (unsurprisingly). 

It will be the first time that I have written my own business plan, so any tips or advice to offer? 

This is for our own use only, so is not required to raise funds or anything similar.  Use will be purely a 'focus the mind' excercise, but we do want to have a decent shot at getting it as professional as we can. 

TIA.
Voss Electric Fence

doganjo

  • Joined Aug 2012
  • Clackmannanshire
  • Qui? Moi?
    • ABERDON GUNDOGS for work and show
    • Facebook
Re: Business Plans for Smallholding
« Reply #1 on: January 22, 2019, 05:26:32 pm »
Have you tried the Business Gateway one - fairly simple I think -

https://www.bgateway.com/resources/business-plan-template

Basically
1. keep it simple
2. draft out a description of what you want to do on your smallholding, and what it consists of (Executive Summary)
3. State names of you, partner, family, whoever else will be working on the smallholding, and what assegts you bring to the project (Key Personnel, Skills, Equipment)
4. Draft out headings of what you would like to do (Vision or Mission Statement)
5. Lay out details of any marketing you've done or intend to do (Marketing)
6. Lay out a simple time plan (3 to 5 year Timeline)
7. lay out a simple financial cost and income plan(Financial Projections)

HTH
Always have been, always will be, a WYSIWYG - black is black, white is white - no grey in my life! But I'm mellowing in my old age

Maysie

  • Joined Jan 2018
  • Herefordshire/Shropshire Border
Re: Business Plans for Smallholding
« Reply #2 on: January 24, 2019, 09:44:11 am »
Thank you. 

 

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