The main advantage of this type of farming is disease The farm cum business will be fully and single handedly financed by Jake Tyson and his immediate family members. Castor bean farming is done in dry regions under irrigation or through rainfall. Beef Cattle Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 51 pages) Beef Cattle Farming Business Plan Automated Financial Statements – (Editable Excel File) The business plan can be used in any country and can be easily edited. Castor oil can be used as an irritant / simulative laxative. The Complete Business Summary of Setting up a Castor Farm & Plant. There are several active breeding programs. Although the opportunity in castor farming business is huge, without your business plan, you may not succeed. Project Type: Castor beans farming/ contract farming/ trading / extraction plant. We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for our castor beans (castor oil plants) and castor oil is to sell them at competitive prices hence we will do all we can to ensure that the prices of our castor beans (castor oil plants)  are going to be what other castor bean (castor oil plant) farmers would look towards beating. In 2012, Soweto-born Thabang Mabapa was helping to clean up a local community church when … What are the Best Types of Chainsaws for Firewood Business? The payment policy adopted by Jake Tyson® Castor Bean Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the management of the organization. Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA. 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. Little wonder that the market for castor oil have continued to be on the increase. Below are the projections that we were able to come up with for the first three years of running Jake Tyson® Castor Bean Farms, Inc.; N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics or flood), and unfavorable government policies. Jake Tyson® Castor Bean Farms, Inc. is a family business that is owned by Mr. Jake Tyson and his immediate family members. Welcomes guests and clients to the farm by greeting them in person or on the telephone; answering or directing inquiries. The produce meat/eggsare in high demand and attract premium rate in meat shops and open market. These are the areas we will concentrate on in our castor bean (castor oil plant) farm. Which is why we are committed to only hire the best hands in and around Rhode Island. These are the areas where we intend sourcing for fund for Jake Tyson® Castor Bean Farms, Inc.; N.B: We have been able to generate about $100,000 (Personal savings $80,000 and soft loan from family members $20,000) and we are at the final stages of obtaining a loan facility of $350,000 from our bank. The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. Which is why aside from the fact that we’ve secured the required farming land and most of the farming equipment and machines, we have also hired some key employees who are currently undergoing training so as to be able to fit into the ideal picture of the 21st century commercial castor bean (castor oil plant) farm and castor oil production plant workforce that we want to build. A Sample Commercial Farming Business Plan Template It will help you attract investors and source … In view of that, we decided to set up a standard castor oil processing plant to help us maximize profits. KC1, KC2, KC3 and KC4. What is a Third Party Liability Insurance for Skydiving? 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. The fact that there is always a ready market for castor beans (castor oil plants) and castor oil makes the business highly thriving and profitable. Castor seeds can be grown on a wide range of soils which are fairly deep and well drained. The price of castor oil plant is typically the most reliable driver of industry performance. The Ricinus communis biodiesel meets all the three criteria any environmentally sustainable fuel must meet. No doubt, starting a castor bean farming business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture. ... Linne Co.’s Castor Seeds Farming Team. For example, if the climatic condition is unfavorable and if there are natural disaster in the location where you have your castor bean (castor oil plant) farm, then it will directly affect the harvest of olives and also the prices of your farm produce. In view of the above, Jake Tyson® Castor Bean Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions; Castor Bean (Castor Oil Plant) Cultivation Manager/Supervisor, Castor Oil Processing and Packaging Manager/Supervisor, Client Service Executive/Front Desk Officer. 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. Advertise our castor bean (castor oil plant) farms in our official website and employ strategies that will help us pull traffic to the site. 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. Our weakness could be that we are a new castor bean (castor oil plant) farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initial. Weoffer to prepare and formulate Castor farming business plan covering theAgronomy, Horticulture, Biology, Engineering, Marketing and Financial aspectsof Castor commercialization. As a matter of fact, castor oil is gaining more ground as part of the materials used in the production of perfumes, cosmetics, soaps and other products, for flavoring food and drink, and for adding scents to incense and household cleaning products amongst others. Jake Tyson® Castor Bean Farms, Inc. employed the services of an expert HR and Business Analyst with bias in the commercial farming industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. Global castor seed production is around two million tons per year. 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. If YES, here is a sample castor farming business plan template & FREE feasibility report. It is no news that castor bean popularity can be said to be associated with the healthy benefits that comes with using castor oil. How to Write a Rose Farming Business Plan [Sample Template], Writing an Agave Farming Business Plan [Sample Template], Writing a Lucerne Farming Business Plan [Sample Template], Writing a Soybean Farming Business Plan [Sample Template], 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], 14. We will ensure that we maximize the opportunities available to commercial castor bean (castor oil plant) farmers. The commissioning and commercial launch next month of Oman’s only sebacic acid production project at the Special Economic Zone (SEZ) in Duqm is set to kickstart the mass farming of castor oil-beans — the primary source of sebacic acid and a host of value-added derivatives. The seeds from the Ricinus communis Plant contain in excess of 45% oil. Another good news is that you can’t get it wrong. Responsible for financial forecasting and risks analysis. Thabang Mabapa (25) recently won R100,000 ($7,900) in funding from the Old Mutual Foundation to expand his castor oil and biodiesel business. The Grant Botanical Agriculture farm business will be owned and managed by Mr. and Mrs. Grant. Here are the payment options that Jake Tyson® Castor Bean Farms, Inc. will make available to her clients; In view of the above, we have chosen banking platforms that will enable our client make payment for the purchase of castor beans (castor oil plants) and castor oil without any stress on their part. If need arises, we will definitely cultivate related crops; Jake Tyson® Castor Bean Farms, Inc. is an castor bean (castor oil plant) farm that intend starting small in Pawtucket – Rhode Island, but hope to grow big in order to compete favorably with leading commercial castor bean (castor oil plant) farms in the commercial castor bean (castor oil plant) farming industry both in the United States and on a global stage. Below is a sample commercial framing business plan that you can find really useful to draft yours. This profile envisages the establishment of a plant for the production of castor oil with a capacity of 1,000 tonnes per annum. Your castor seed farming business plan does not only serve as your guide in the course of your business. We intend growing our business which is why we have perfected plans to build our brand via every available means. Castor Farming. 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. Our organization’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy. Our vision is to become one of the leading commercial castor beans (castor oil plant) farms and castor oil extracting, processing and packing brand not just in the United States of America but also on the global stage. We have put plans in place that will help us launch a standard and world – class castor oil processing plant within the first three years of officially running Jake Tyson® Castor Bean Farms, Inc. We will process and package castor oil that they flood the market both in the United States and in other countries of the world; we want to compete with the best in the industry. The seed also contains ricin, a water-soluble toxin, which has wide. 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