Business planning for small producers

Business planning doesn’t have to be an arduous, drawn out task — it can be a simple, straightforward process that has the potential to turn your enterprise into a more profitable success.

A little planning will save you precious time, energy and/or money in getting closer to your goals.
We have all done the 50-page plus business plan, but was it ever used? And did it really help your business grow? One important thing to remember with any type of plan is planning something doesn’t always make it happen. Significant effort is required in the implementation phase and a plan needs to be reviewed to be successful.

Sadly, many businesses who do plan, don’t update their strategy which results in an out-of-date and redundant plan full of irrelevant targets. It’s easy to think that spending time working on your business means less income because you’re not working in your business, when in fact the opposite is true.

Why plan? 

As with anything in life, you need to know where you’re going if you want to get there in the shortest possible time and with the least amount of effort.

Unfortunately, it’s almost guaranteed that you will waste precious time and energy and/or money doing things that won’t help you get closer to your goals, if you don’t take the time to plan first.
 
Small farm business planning
You have a plan if you can answer these questions in detail:
  • Where are you now?
  • Where do you want to be?
  • How do you get there?


"A little planning will save you precious time, energy and/or money in getting closer to your goals."
What sort of things should a business plan? 
 
The list of factors businesses should plan for is endless, including turnover, gross margin (and the difference), type of client, number of hours a week (service), number of orders, number of referrals from advertising/ marketing, minimum dollar value for each job, amount of revenue per staff member, or percentage of repeat clients. Your plan will only consist of things that you want to aim for.
 
In addition, a plan can include big picture goals. This may include a specified timeline or dollars in the bank before expansion, a takeover or merger and the consideration of the best business model and changes that may be needed to allow for growth.
 
For more information on the why businesses fail or fail to thrive, the importance of values and setting and monitoring goals go to the Small Landholder Information Services ‘Business planning for small producers’ publication.  
News Category

New Forum Topics

Topic Replies Last post Forum
5474 Olive saplings in victoria
by nizfer2019 on Mon, 02/18/2019 - 04:15
2
by nizfer2019
Sun, 03/24/2019 - 13:25
Farming Help
3169 Best way to graze paddocks?
by cletus on Tue, 02/28/2017 - 10:39
9
by BerxardMak
Sun, 03/24/2019 - 10:05
Farming Help
5488 Reisepassanmeldungen, Erneuerung des Reisepasses, Bearbeitung der Führerscheinlizenz, Bearbeitung der gültigen ID-Karte online, Sozialversicherungsnummer, Geburtsurkunde, Führerschein sowie Schuldiplome und Visumantrag (WWW.LEGITDOCUMENTPRO.COM)
by legaldocument on Sun, 03/24/2019 - 07:17
0
by legaldocument
Sun, 03/24/2019 - 07:17
Business & marketing
5487 Reisepassanmeldungen, Erneuerung des Reisepasses, Bearbeitung der Führerscheinlizenz, Bearbeitung der gültigen ID-Karte online, Sozialversicherungsnummer, Geburtsurkunde, Führerschein sowie Schuldiplome und Visumantrag (WWW.LEGITDOCUMENTPRO.COM)
by legaldocument on Sun, 03/24/2019 - 07:15
0
by legaldocument
Sun, 03/24/2019 - 07:15
Farm batteries
3578 Farm Income - new to the land
by Laker on Fri, 03/30/2018 - 19:31
3
by charmdateeuu
Sun, 03/24/2019 - 01:07
General Forum
2543 Slaughtering sheep and cattle for the use of family and friends
by Black Locust on Sun, 08/23/2015 - 20:06
7
by Albertgotdonkey
Sat, 03/23/2019 - 22:48
Farming Help
3969 type of pasture?
by summit1966 on Mon, 10/01/2018 - 20:20
2
by allagugova
Sat, 03/23/2019 - 09:51
Farming Help
5486 Diversify with Aqilaria crassna
by DebbieP on Wed, 03/20/2019 - 20:06
1
by Albertgotdonkey
Fri, 03/22/2019 - 12:31
Business & marketing
5370 How to Package
by Barpajack on Thu, 01/03/2019 - 12:51
2
by Albertgotdonkey
Thu, 03/21/2019 - 09:34
Farm planning
5472 pto seeder
by summit1966 on Sat, 02/16/2019 - 15:55
4
by Albertgotdonkey
Wed, 03/20/2019 - 11:56
Farming Help
5363 Olive trees
by lazzaman on Sat, 12/22/2018 - 19:39
8
by db51
Tue, 03/19/2019 - 17:30
General Forum
5484 abattoir options
by summit1966 on Sun, 03/17/2019 - 22:43
0
by summit1966
Sun, 03/17/2019 - 22:43
Butcher meat
5476 Slashing native grasses for horses?
by skye on Tue, 03/05/2019 - 17:39
1
by greggy
Sat, 03/09/2019 - 18:30
Farming Help
5453 Pasture Improvement Costs
by @Nick on Mon, 01/14/2019 - 19:44
2
by skye
Tue, 03/05/2019 - 17:34
Farming Help
5473 Acreage with a tree plantation
by Dan13L on Mon, 02/18/2019 - 01:43
1
by admin
Tue, 02/26/2019 - 16:30
General Forum
5469 Raising cattle for profit
by karinya2018 on Tue, 02/12/2019 - 22:26
1
by admin
Thu, 02/14/2019 - 15:45
Cattle
5456 How can I make money from my hobby farm?
by anasttin on Fri, 01/25/2019 - 11:06
1
by rookie_farmer
Wed, 02/13/2019 - 20:55
Farm planning
5467 Baby Minature /Pygmy Goats
by [email protected] on Tue, 02/05/2019 - 16:07
1
by barb
Wed, 02/06/2019 - 15:44
Goats
5466 How to Become Classified as A Primary Producer/Alpacas
by Char on Fri, 02/01/2019 - 11:04
1
by admin
Mon, 02/04/2019 - 15:03
Farm planning
1937 How much farm land to make a profit
by Teesh on Mon, 04/28/2014 - 22:14
4
by greggy
Mon, 01/28/2019 - 19:11
Farming Help

Our Sponsors

Our Partners