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castor farming business plan

This is so because castor oil is used all over the globe for different purposes. Copyright © 2020 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services, Manages administrative duties assigned by the manager in an effective and timely manner, Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. With the current coffee price crisis, the ever-present risk of pests and diseases, and unpredictable weather conditions due to climate change, there’s a lot to consider.. KC1, KC2, KC3 and KC4. To implement these profit and growth objectives in the Castor Beans Farming and Trading Project the company needs: An initial investment (loan) is required to develop and plant castor beans at 1,500 hectares land and serve as working budget. Rather, it is a paper that can be changed as the business grows and as new ideas and new issues arise. The financial statements are automated. You can as well start a complimentary business such as castor oil extraction and processing plant; producing and packaging castor oil et al. In view of the above, here are some of the basic areas we will spend our start – up capital in setting up our castor bean (castor oil plant) farm; Going by the report from detailed research and feasibility studies conducted, we will need an average of four hundred and fifty thousand dollars ($450,000) to start a standard castor bean (castor oil plant) farm with castor oil extracting and processing plant business in the United States of America. Despite the fact that castor beans (castor oil plants) farm has been in existence since time immemorial, which does not in any way make the industry to be over saturated; castor bean (castor oil plant) farmers are exploring new technology to continue to improve the cultivation processes and also castor oil extraction and processing processes; mechanized farming has indeed increased the tons of olives produced by farmers. Our commercial castor bean (castor oil plant) farm is a going to be standard commercial castor bean (castor oil plant) farm hence will be involved in both commercial castor bean (castor oil plant) farm cultivation and castor oil extraction, processing and packaging. Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. We have been able to critically examine the castor bean (castor oil plant) farm market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Jet engine lubricants, nylon 610. This is because of the importance of starting off well-armed with the basic information that is needed to thrive in this trade. This is a sample business plan that I have put together which can be adapted to suit most smallholding and farming enterprises that are start ups. Growing castor bean (castor oil plant) farm, Extracting, processing and packaging castor oil. Although the opportunity in castor farming business is huge, without your business plan, you may not succeed. At Jake Tyson® Castor Bean Farms, Inc., we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers). ... Can u advise on Inter-cropping maize and castor…and also which do u think is more profitable,maize or cassava farming please.I will also like to chat u on whatsapp pls….08137575773. Before starting Jake Tyson® Castor Bean Farms, Inc., Jake Tyson has worked with some of the leading commercial farms and castor oil processing plants in the United States of America; he has a degree (B.Sc.) Start my business plan. We intend growing our business which is why we have perfected plans to build our brand via every available means. Not only will you set the steps that you need to follow to achieve your goals, but you can also become more prepared with the risks. Jake Tyson® Castor Bean Farms, Inc. is a world class castor bean (castor oil plant) farms that is in business to cultivate castor beans (castor oil plant) in commercial quantities and processed castor oil for both the United States market and the international market. This training will uncover secret of castor farming from cultivation of castor through to the marketing. Castor Cultivation Information Guide. Factor such as the capacity of castor oil extracting and processing plant you want to own and the size of the castor beans (castor oil plants) farm. In essence a castor bean (castor oil plant) farmer should be able to sell his or her farm produce to as many people as possible including production companies that make use of castor oil as raw materials. The soil should be moderately fertile and slightly acidic with a pH 5.0-6.0. The business plan above has used the business name “Grant Botanical Agriculture farm”. Contracts were offered to growers, and limited production developed in the Imperial and San Joaquin Valleys (Zimmerman 1958). They are starting to believe the body is a temple. Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard commercial castor bean (castor oil plant) farms that will also include castor oil extraction and processing plant. The aim of this or any business plan is to convey to the reader all of the relevant information about the business in a simple form. Project Type: Castor beans farming/ contract farming/ trading / extraction plant. List our castor bean (castor oil plant) farms on yellow pages ads, Attend related agriculture and food expos, seminars, and business fairs et al, Leverage on the internet to promote our business, Place adverts on both print (newspapers and magazines) and electronic media platforms, Sponsor relevant community based events / programs, Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business, Install our Bill Boards on strategic locations all around Pawtucket – Rhode Island, Engage in roadshow from time to time in targeted neighborhoods, Distribute our fliers and handbills in target areas, List our castor bean (castor oil plant) farms in local directories / yellow pages. Weoffer to prepare and formulate Castor farming business plan covering theAgronomy, Horticulture, Biology, Engineering, Marketing and Financial aspectsof Castor commercialization. Castor bean or castor oil plant which is known as Ricinus communis is a species of perennial flowering plant in the spurge family, Euphorbiaceae. Ground seed cakes are used as fertilizers (castor oil pomace) Varieties . It is a means of maximizing profits in the business. We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable castor beans (castor oil plants) farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management. 2013 Castor Cultivation Achievement of Linne Co. in Swaziland. Account details: Alaegbu Michael, Account Number: 0241203999. Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business. Customers want to have natural and plant alternatives to medication. We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. Business Name Availability Check: Completed, Opening of Corporate Bank Accounts various banks in the United States: Completed, Opening Online Payment Platforms: Completed, Application and Obtaining Tax Payer’s ID: In Progress, Application for business license and permit: Completed, Purchase of All form of Insurance for the Business: Completed, Leasing of farm land in Pawtucket – Rhode Island and preparing the farm land: Completed, Conducting Feasibility Studies: Completed, Drafting of Employee’s Handbook: Completed, Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed, Building /construction of cages and fence et al: 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 (production companies that rely on supply of castor beans (castor oil plants) and castor oil as raw materials and castor oil processing plants, agriculture farm produce merchants, fertilizer suppliers and transporter / haulage companies et al): Completed. Writing a farm business plan can be a tool for you to plan your farming business. We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (castor beans (castor oil plants) and even processed and packaged castor oil) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. Oversee the smooth running of the daily farming activities across the various farming sections. We have perfected or sales and marketing strategies and we are set to hit the ground running and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income / profits from the year of operations and build the business from survival to sustainability.

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