Or you need a sample rice farm business plan template? If YES, then i advice you read on. There is always a market for the food item you produce as long as the people in that location are familiar with the food. But for this article, I will focus more on rice farming and how to start your own rice farm; since rice is a widely each food all around the whole, you are rest assured that there is a variable market for your rice products.
Apart from the commercial cultivation of rice, our business interests will also include a rice mill where the produced rice will be processed and well packaged for domestic and international consumption.
The export of our product will commence 5 years into our business operations. Products and Services Our sole product will be the production of rice on a commercial scale. Apart from the commercial cultivation of rice, other services we offer include rice processing for other farms and also the packaging of this product for domestic consumption and in the nearest future 5 yearsthe international market.
Mission Statement Our mission is to commercially produce and process rice under the best conditions, while maintaining the highest standards of quality recommended by the relevant regulatory bodies. Also, with the help of an effective marketing department, we will be involved in an aggressive marketing aimed at ensuring our product is consumed in every city in the United States, thereby gaining a substantial market share.
This department is manned by experts in marketing with years of experience in the agro industry. With the vital contribution they will make, our rice farming business will be propelled into the big league within the shortest possible time.
Also, this rice farming business will have a highly motivated workforce that will be regularly given incentives to get the best from them. In addition to this, a work-friendly environment will be provided to enhance productivity.
Target Market With the large market for rice both domestically and internationally, our target scope is considerably wide.
Apart from those along the rice value chain we will be targeting domestic consumers that include households, eateries, hotels, schools and also export these to rice consuming countries across the world. Sales Projection We have come up with a 3 year projected sales from a research conducted.
The results show a promising growth for our sales. This uses current economic realities. It however discounts unforeseen factors such as sudden inflation and natural disasters. Publicity and Advert Strategies Led by a strong marketing department, we will be using the latest tools in promoting our products and services.
This is aimed at ensuring that more consumers know about the services we offer. By adopting efficient and effective publicity and advert strategies, our customer base will grow significantly within a relatively short time.
Payment Channels Our payment channels are robust and aimed at capturing the unique payment needs of our clients. It includes varied payment options that consist of the use of POS machines, the acceptance of cash deposits, payment through bank draft, mobile money, and the receipt of cheques among other options that may come up.
This is done so our clients will pay for our products with ease, without being frustrated due to the shortage of payment options.
Conclusion This business plan sample has made available a rice farming business plan sample, targeting specifically entrepreneurs with little to no experience in writing a good business plan.IRRI is the world’s premier research organization dedicated to reducing poverty and hunger through rice science; rice varieties and agricultural practices suitable to particular farm conditions and consumer preferences.
Los Baños (Philippines): International Rice Research Institute. Mailing address: IRRI, DAPO Box , Metro Manila. Plan your business. Business Plan Outline; Marketing Fundamentals; Tracking Your Finances; pharmaceuticals, and chemicals.
Investors can also choose from a wide range of agricultural activities such as farming, post-harvesting, food processing or manufacturing, wholesaling, and retailing where they can specialize. the Philippines. Our sample rice farming business plan in Nigeria can be used to access bank loans, grant applications and proposal writing and grant applications.
This business plan was complied after a proper feasibility study on rice production in Nigeria was carried out. To get your own rice farming business plan . Writing a bank and investor ready professional Rice Farming business plan can be challenging.
If you need a professional and affordable business plan service, StartupTipsDaily’s MBA standard professional business plan writing service is perfect for your business.
Starting a Rice Farming Business – Sample Business Plan Template 1. Develop a Business Plan -: The first step to take is to develop a rice farming business plan. If you are looking for a sample rice farming business plan template, here is a business plan for starting a rice farm and free feasibility study you can use.
RICE PRODUCTION BUSINESS PLAN SAMPLE TEMPLATE [ PDF / DOC ] Rice is a staple food across several countries around the world.