soybean oil production business plan
Publicizing our soybean oil production business in Raleigh – North Carolina will ensure that our brand is firmly rooted in this state and in preparation for our expansion plans across the United States of America. These are the areas we will concentrate on in our soybean farms. The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $9,400, The amount needed to acquire/lease a farm land – $50,000, The amount required for preparing the farm land – $70,000, The cost for acquiring the required working tools and equipment/machines/fencing et al – $10,000, The amount required for purchase of the first set of soybean seedlings et al – $50,000, The amount required to set up a standard soybean processing plant within the farm facility – 100,000, Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000, The cost of launching an official website – $600, The amount required for payment of workers for a period of 3 months – $60,000, Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000, Harrow (e.g. Farmers in the soybean farming industry primarily grow soybeans as their main crop. Do you want to start a soybean farm and need to write a business plan? Writing a Moringa Farming Business Plan [Sample Template], Writing a Cabbage Farming Business Plan [Sample Template], Writing a Raspberry Farming Business Plan [Sample Template], Writing a Strawberry Farming Business Plan [Sample Template], How to Write a Chili Farming Business Plan [Sample Template], Writing a Pineapple Farming Business Plan [Sample Template], Writing a Potato Farming Business Plan [Sample Template], Writing an Alfalfa Farming Business Plan [Sample Template], Writing a Sugarcane Farming Business Plan [Sample Template], How to Write a Pearl Farming Business Plan [Sample Template], 14. Spike harrow, Drag harrow, Disk harrow), Stone/Rock/Debris removal implement (e.g. in Agriculture Science from University of Kansas. Ensures that farming goals desired result are achieved, the most efficient resources are utilized and different interests involved are satisfied. Fred Nathan® Soybean Farms, Inc. is aware that there are competitions when it comes to selling soybean and its byproducts, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States. The fact that there is always a ready market for soybean, soybean meal, soybean oil, soybean hull and biofuel et al makes the business highly profitable. The equipment prices varies according to the production output. Our commercial soybean farm is a going to be a standard farm hence will be involved in both commercial soybean cultivation and soybean processing and packaging. We have done our detailed market research and feasibility studies and we were able to secure a suitable farm land to start our commercial soybean farm. Our vision is to become one of the leading commercial soybean farms and soybean processing brand not just in the United States of America but also on the global stage. In starting a soybean oil production business… Here are the payment options that Fred Nathan® Soybean Farms, Inc. will make available to her clients; In view of the above, we have chosen banking platforms that will enable our clients make payment for our soybean, soybean seeds and soybean meal, soybean oil, soybean hull et al purchase without any stress on their part. They now find it easier to run both organic and non – organic cultivation. But we have decided to open a small liaison office; a place where administrative jobs will be carried out on behalf of the business. In view of the above, Fred Nathan® Soybean Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions; Soybeans Processing and Packaging Manager/Supervisor. Below are the platforms we can leverage on to boost our soybean farm brand and to promote and advertise our business; Some of the factors that will help you sell your soybean at the right price that will guarantee that you make profits is dependent on your strategy while some of the factors are beyond your control. Opening of Corporate Bank Accounts : Completed, Opening Online Payment Platforms: Completed, Application and Obtaining Tax Payer’s ID: In Progress, Application for business license and permit: Completed, Purchase Insurance for the Business: Completed, Leasing of farm land in Overland Park – Kansas and preparing the farm land: Completed, Conducting Feasibility Studies: Completed, Drafting of Employee’s Handbook: Completed, Printing of Promotional Materials: Completed, Building/construction of soybean processing plant: In Progress, Purchase of the needed working tools, machines and equipment: Completed, Creating Official Website for the Company: In Progress, Creating Awareness for the business (Business PR): In Progress, Farm land Treatment, Health and Safety Arrangement: In Progress, Establishing business relationship with vendors and key players in the industry: Completed.