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Sadly, many businesses who do plan, don’t update their strategy which results in an out-of-date and redundant plan full of irrelevant targets.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
5738 Hello! 50 Acres on the South Coast NSW
by Lilly on Sun, 06/23/2019 - 16:00
0
by Lilly
Sun, 06/23/2019 - 16:00
New Members
5736 New Member - Northern Rivers NSW
by ashcow on Thu, 06/20/2019 - 14:15
1
by admin
Sun, 06/23/2019 - 15:32
New Members
5735 Ration Feeding Beef Cattle
by Urchy87 on Tue, 06/18/2019 - 19:28
2
by Urchy87
Thu, 06/20/2019 - 17:16
General Forum
5734 Just bought our first block of land, hello!
by too-many-boys-and-me on Mon, 06/17/2019 - 15:20
1
by admin
Thu, 06/20/2019 - 14:25
New Members
5503 Agistment gone bad!
by frontess on Mon, 04/01/2019 - 21:35
6
by amen423
Thu, 06/20/2019 - 07:45
General Forum
2999 Dexter Cattle or Small Breed/Miniature Cattle Breeders in CQ
by landk2016 on Wed, 07/20/2016 - 08:25
5
by admin
Wed, 06/19/2019 - 22:39
General Forum
5522 Total newbies on 8 acres Vic
by shelle on Thu, 04/11/2019 - 10:56
4
by Albertgotdonkey
Thu, 06/13/2019 - 12:08
New Members
5733 serrated tussock
by Robdog on Sun, 06/09/2019 - 13:33
2
by rolly @ fi
Thu, 06/13/2019 - 10:11
Weeds & pests
2644 Cattle branding - fire v electric
by Comraich on Mon, 11/02/2015 - 14:33
7
by sallyero62
Tue, 06/11/2019 - 15:13
Farming Help
3316 Atherton Tablelands Queensland
by Benfairley on Mon, 01/22/2018 - 17:08
3
by sallyero62
Tue, 06/11/2019 - 15:05
New Members
5684 What do I do with 20 acres of grapes?
by Phil on Thu, 05/23/2019 - 19:20
3
by sallyero62
Tue, 06/11/2019 - 14:51
New Members
3130 How to farm with sheep....
by mandys76 on Tue, 12/20/2016 - 14:02
3
by sallyero62
Tue, 06/11/2019 - 14:32
New Members
5689 Vaccination of weaner cattle
by FDE on Tue, 05/28/2019 - 06:12
2
by FDE
Fri, 05/31/2019 - 13:13
Farming Help
5611 lantana and land clearing
by samsmith on Tue, 05/07/2019 - 17:21
3
by samsmith
Tue, 05/28/2019 - 20:08
Farming Help
3148 Wiltipol Sheep and Boran Cattle
by chisel on Sun, 01/22/2017 - 19:07
6
by Brownscows
Sun, 05/26/2019 - 07:19
New Members
5520 Assignment help
by AJD on Mon, 04/08/2019 - 13:22
1
by Phil
Thu, 05/23/2019 - 19:37
General Forum
5544 Petrol supply carburettor Massey Ferguson 35 Petrol
by Scarydingo on Sun, 04/28/2019 - 16:09
1
by Phil
Thu, 05/23/2019 - 19:10
Machinery & products
5670 New member - Brisbane - looking for agistment for cattle
by [email protected] on Fri, 05/10/2019 - 18:22
1
by admin
Wed, 05/15/2019 - 14:39
New Members
5466 How to Become Classified as A Primary Producer/Alpacas
by Char on Fri, 02/01/2019 - 11:04
2
by AmarooFarm
Tue, 05/14/2019 - 10:45
Farm planning
5673 Goat Worming
by Brettgarland on Sat, 05/11/2019 - 17:06
1
by barb
Mon, 05/13/2019 - 17:05
Farming Help

Our Sponsors

Our Partners