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Presentation in Posted Online: 10min
1. Using the information gathered during the class and your research, imagine you are in the process of starting your own agricultural business and need to create a business plan to help persuade potential investors to help fund your business.
2. Select an agricultural business which interests you and conduct further research to develop a business plan which includes the following:
• Name of Business
• Type of Business
• Type of products/services offered
• Product/service information
• Market and competitor information
• Key competitors and what differentiates the business from them
• Budget (profits and expenses)
• Market targeted
• Target customers
• Facilities and equipment needed
• Risk assessment
• Any other information your instructor deems necessary
Think about your sales and marketing strategy, include information on how the product or service will be priced, channels to market, advertising and marketing plans
Remember to create a citation sheet detailing all sources used
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