Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $1,000 |
Insurance | $0 |
Rent | $1,800 |
Start-Up Inventory | $40,000 |
Display Set-Up | $5,000 |
Cash Reserve for Hiring | $30,000 |
Advertising | $0 |
Other | $0 |
Total Start-up Expenses | $77,800 |
Start-up Assets | |
Cash Required | $42,200 |
Other Current Assets | $0 |
Long-term Assets | $10,000 |
Total Assets | $52,200 |
Total Requirements | $130,000 |
The Last Frontier Market will offer customers organic and locally grown produce, chemical- and preservative-free groceries, cruelty-free body care and eco-household products. The products are:
In the past ten years, the Willow Creek section of Richmond has grown tremendously. The growing student community combined with the new families in the area are a perfect customer support base for the Last Frontier Market.
Currently, the area is served by two major supermarkets that do not carry any of the product lines available at the Last Frontier Market. The closest natural food store is a twenty minute drive.
Josh Wingard and Mary Stevens believe that a local natural food store in the Willow Creek area would be competitive and offer customers a product selection that will assure repeat business.
The Last Frontier Market will focus two significant customer groups:
Market Analysis | |||||||
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |||
Potential Customers | Growth | CAGR | |||||
Family Members | 15% | 9,000 | 10,350 | 11,903 | 13,688 | 15,741 | 15.00% |
Students | 10% | 16,000 | 17,600 | 19,360 | 21,296 | 23,426 | 10.00% |
Other | 0% | 0 | 0 | 0 | 0 | 0 | 0.00% |
Total | 11.88% | 25,000 | 27,950 | 31,263 | 34,984 | 39,167 | 11.88% |
The Last Frontier Market will promote the store opening. We will have live music and food in the store’s parking lot for the opening weekend. The Willow Creek Craft Fair is adjacent to our store and we should have excellent foot traffic for our opening.
We will advertise in the university daily student newspaper as well as the local area advertising flyer. In the advertisements for the market opening, we will have a 20% off coupon for purchases over twenty dollars. We will continue this discount for the first month of operation.
The Last Frontier Market will give back to the community. We will participate in community projects like the area’s food bank and community programs for children. The Last Frontier Market will also hosts a number of community events, such as charity pancake brunches, dog washes benefiting local humane societies and benefit barbecues.
The Last Frontier Market’s competitive edge is:
The following is the Last Frontier Market’s sales forecast for three years.
Sales Forecast | |||
Year 1 | Year 2 | Year 3 | |
Sales | |||
Sales | $423,000 | $470,000 | $520,000 |
Others | $0 | $0 | $0 |
Total Sales | $423,000 | $470,000 | $520,000 |
Direct Cost of Sales | Year 1 | Year 2 | Year 3 |
Sales | $128,220 | $150,000 | $175,000 |
Others | $0 | $0 | $0 |
Subtotal Direct Cost of Sales | $128,220 | $150,000 | $175,000 |
Co-owners, Josh Wingard and Mary Stevens, have fifteen years of experience working in natural food stores.
Mary Stevens was one of the founding members of the Mason Peak Natural Grocery, 4th and Tyler. The grocery was established in 1992 by the non-profit NEDCO, the Neighborhood Economic Development Corporation, and a number of concerned neighbors who wished to save the historic Mason Peak Market from destruction. Mary started as a cashier and advanced to the position of store manager in 1996. The grocery has grown into a community fixture under her management.
Josh Wingard ran the university’s now defunct Natural Food Collective for three years before the program was defunded. The small on-campus store provide natural food products to student customers. Sales increased by 20% each year under his leadership. Unfortunately, the state budget shortfall impacted the continued funding of the program. Prior to this position, Josh worked at Sunburst Natural Foods for four years. His principle responsibilities were product ordering and stocking.
Josh Wingard and Mary Stevens were be the management team for the Last Frontier Market. Mary will be responsible for staffing and daily operations. Josh will be responsible for product ordering, stocking and bookkeeping.
Besides Josh Wingard and Mary Stevens, the last Frontier Market will have a staff of five:
Personnel Plan | |||
Year 1 | Year 2 | Year 3 | |
Mary Stevens | $33,600 | $36,000 | $39,000 |
Josh Wingard | $33,600 | $36,000 | $39,000 |
Cashiers | $84,000 | $95,000 | $104,000 |
Produce Staff | $48,000 | $51,000 | $54,000 |
Total People | 7 | 7 | 7 |
Total Payroll | $199,200 | $218,000 | $236,000 |
The following is the Financial Plan for the Last Frontier Market.
The monthly break-even point is $32,277.
Break-even Analysis | |
Monthly Revenue Break-even | $32,277 |
Assumptions: | |
Average Percent Variable Cost | 30% |
Estimated Monthly Fixed Cost | $22,493 |
The following table and charts highlight the projected profit and loss for three years.
Pro Forma Profit and Loss | |||
Year 1 | Year 2 | Year 3 | |
Sales | $423,000 | $470,000 | $520,000 |
Direct Cost of Sales | $128,220 | $150,000 | $175,000 |
Other Production Expenses | $0 | $0 | $0 |
Total Cost of Sales | $128,220 | $150,000 | $175,000 |
Gross Margin | $294,780 | $320,000 | $345,000 |
Gross Margin % | 69.69% | 68.09% | 66.35% |
Expenses | |||
Payroll | $199,200 | $218,000 | $236,000 |
Sales and Marketing and Other Expenses | $7,000 | $10,000 | $13,000 |
Depreciation | $1,440 | $1,440 | $1,440 |
Leased Equipment | $0 | $0 | $0 |
Utilities | $4,800 | $4,800 | $4,800 |
Insurance | $6,000 | $6,000 | $6,000 |
Rent | $21,600 | $21,600 | $21,600 |
Payroll Taxes | $29,880 | $32,700 | $35,400 |
Other | $0 | $0 | $0 |
Total Operating Expenses | $269,920 | $294,540 | $318,240 |
Profit Before Interest and Taxes | $24,860 | $25,460 | $26,760 |
EBITDA | $26,300 | $26,900 | $28,200 |
Interest Expense | $4,459 | $3,501 | $2,501 |
Taxes Incurred | $6,120 | $6,588 | $7,278 |
Net Profit | $14,281 | $15,372 | $16,981 |
Net Profit/Sales | 3.38% | 3.27% | 3.27% |
The following table and chart highlight the projected cash flow for three years.
Pro Forma Cash Flow | |||
Year 1 | Year 2 | Year 3 | |
Cash Received | |||
Cash from Operations | |||
Cash Sales | $105,750 | $117,500 | $130,000 |
Cash from Receivables | $251,575 | $345,203 | $382,237 |
Subtotal Cash from Operations | $357,325 | $462,703 | $512,237 |
Additional Cash Received | |||
Sales Tax, VAT, HST/GST Received | $0 | $0 | $0 |
New Current Borrowing | $0 | $0 | $0 |
New Other Liabilities (interest-free) | $0 | $0 | $0 |
New Long-term Liabilities | $0 | $0 | $0 |
Sales of Other Current Assets | $0 | $0 | $0 |
Sales of Long-term Assets | $0 | $0 | $0 |
New Investment Received | $4,000 | $0 | $0 |
Subtotal Cash Received | $361,325 | $462,703 | $512,237 |
Expenditures | Year 1 | Year 2 | Year 3 |
Expenditures from Operations | |||
Cash Spending | $199,200 | $218,000 | $236,000 |
Bill Payments | $186,715 | $237,222 | $263,081 |
Subtotal Spent on Operations | $385,915 | $455,222 | $499,081 |
Additional Cash Spent | |||
Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 |
Principal Repayment of Current Borrowing | $0 | $0 | $0 |
Other Liabilities Principal Repayment | $0 | $0 | $0 |
Long-term Liabilities Principal Repayment | $9,996 | $9,996 | $9,996 |
Purchase Other Current Assets | $0 | $0 | $0 |
Purchase Long-term Assets | $0 | $0 | $0 |
Dividends | $0 | $0 | $0 |
Subtotal Cash Spent | $395,911 | $465,218 | $509,077 |
Net Cash Flow | ($34,586) | ($2,515) | $3,160 |
Cash Balance | $7,614 | $5,099 | $8,259 |
The following table highlights the projected balance sheet for three years.
Pro Forma Balance Sheet | |||
Year 1 | Year 2 | Year 3 | |
Assets | |||
Current Assets | |||
Cash | $7,614 | $5,099 | $8,259 |
Accounts Receivable | $65,675 | $72,972 | $80,735 |
Other Current Assets | $0 | $0 | $0 |
Total Current Assets | $73,289 | $78,071 | $88,994 |
Long-term Assets | |||
Long-term Assets | $10,000 | $10,000 | $10,000 |
Accumulated Depreciation | $1,440 | $2,880 | $4,320 |
Total Long-term Assets | $8,560 | $7,120 | $5,680 |
Total Assets | $81,849 | $85,191 | $94,674 |
Liabilities and Capital | Year 1 | Year 2 | Year 3 |
Current Liabilities | |||
Accounts Payable | $21,364 | $19,331 | $21,828 |
Current Borrowing | $0 | $0 | $0 |
Other Current Liabilities | $0 | $0 | $0 |
Subtotal Current Liabilities | $21,364 | $19,331 | $21,828 |
Long-term Liabilities | $40,004 | $30,008 | $20,012 |
Total Liabilities | $61,368 | $49,339 | $41,840 |
Paid-in Capital | $84,000 | $84,000 | $84,000 |
Retained Earnings | ($77,800) | ($63,519) | ($48,147) |
Earnings | $14,281 | $15,372 | $16,981 |
Total Capital | $20,481 | $35,853 | $52,834 |
Total Liabilities and Capital | $81,849 | $85,191 | $94,674 |
Net Worth | $20,481 | $35,853 | $52,834 |
Business ratios for the years of this plan are shown below. Industry profile ratios based on the Standard Industrial Classification (SIC) code 5149, Groceries and Related Products, are shown for comparison.
Ratio Analysis | ||||
Year 1 | Year 2 | Year 3 | Industry Profile | |
Sales Growth | 0.00% | 11.11% | 10.64% | 4.60% |
Percent of Total Assets | ||||
Accounts Receivable | 80.24% | 85.66% | 85.28% | 33.30% |
Other Current Assets | 0.00% | 0.00% | 0.00% | 20.90% |
Total Current Assets | 89.54% | 91.64% | 94.00% | 80.20% |
Long-term Assets | 10.46% | 8.36% | 6.00% | 19.80% |
Total Assets | 100.00% | 100.00% | 100.00% | 100.00% |
Current Liabilities | 26.10% | 22.69% | 23.06% | 45.20% |
Long-term Liabilities | 48.88% | 35.22% | 21.14% | 10.00% |
Total Liabilities | 74.98% | 57.92% | 44.19% | 55.20% |
Net Worth | 25.02% | 42.08% | 55.81% | 44.80% |
Percent of Sales | ||||
Sales | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin | 69.69% | 68.09% | 66.35% | 44.10% |
Selling, General & Administrative Expenses | 66.31% | 64.81% | 63.08% | 26.70% |
Advertising Expenses | 1.65% | 2.13% | 2.50% | 0.70% |
Profit Before Interest and Taxes | 5.88% | 5.42% | 5.15% | 0.80% |
Main Ratios | ||||
Current | 3.43 | 4.04 | 4.08 | 1.69 |
Quick | 3.43 | 4.04 | 4.08 | 1.01 |
Total Debt to Total Assets | 74.98% | 57.92% | 44.19% | 55.20% |
Pre-tax Return on Net Worth | 99.61% | 61.25% | 45.92% | 3.60% |
Pre-tax Return on Assets | 24.93% | 25.78% | 25.62% | 8.00% |
Additional Ratios | Year 1 | Year 2 | Year 3 | |
Net Profit Margin | 3.38% | 3.27% | 3.27% | n.a |
Return on Equity | 69.73% | 42.87% | 32.14% | n.a |
Activity Ratios | ||||
Accounts Receivable Turnover | 4.83 | 4.83 | 4.83 | n.a |
Collection Days | 57 | 72 | 72 | n.a |
Accounts Payable Turnover | 9.74 | 12.17 | 12.17 | n.a |
Payment Days | 27 | 32 | 28 | n.a |
Total Asset Turnover | 5.17 | 5.52 | 5.49 | n.a |
Debt Ratios | ||||
Debt to Net Worth | 3.00 | 1.38 | 0.79 | n.a |
Current Liab. to Liab. | 0.35 | 0.39 | 0.52 | n.a |
Liquidity Ratios | ||||
Net Working Capital | $51,925 | $58,741 | $67,166 | n.a |
Interest Coverage | 5.58 | 7.27 | 10.70 | n.a |
Additional Ratios | ||||
Assets to Sales | 0.19 | 0.18 | 0.18 | n.a |
Current Debt/Total Assets | 26% | 23% | 23% | n.a |
Acid Test | 0.36 | 0.26 | 0.38 | n.a |
Sales/Net Worth | 20.65 | 13.11 | 9.84 | n.a |
Dividend Payout | 0.00 | 0.00 | 0.00 | n.a |
Sales Forecast | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sales | |||||||||||||
Sales | 0% | $26,000 | $29,000 | $30,000 | $34,000 | $36,000 | $38,000 | $34,000 | $33,000 | $35,000 | $39,000 | $43,000 | $46,000 |
Others | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Sales | $26,000 | $29,000 | $30,000 | $34,000 | $36,000 | $38,000 | $34,000 | $33,000 | $35,000 | $39,000 | $43,000 | $46,000 | |
Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Sales | $9,000 | $9,500 | $9,600 | $10,200 | $10,500 | $11,300 | $10,000 | $10,000 | $11,000 | $12,000 | $12,120 | $13,000 | |
Others | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Direct Cost of Sales | $9,000 | $9,500 | $9,600 | $10,200 | $10,500 | $11,300 | $10,000 | $10,000 | $11,000 | $12,000 | $12,120 | $13,000 |
Personnel Plan | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Mary Stevens | 0% | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 |
Josh Wingard | 0% | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 |
Cashiers | 0% | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 |
Produce Staff | 0% | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
Total People | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |
Total Payroll | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 |
General Assumptions | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
Tax Rate | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | |
Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pro Forma Profit and Loss | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sales | $26,000 | $29,000 | $30,000 | $34,000 | $36,000 | $38,000 | $34,000 | $33,000 | $35,000 | $39,000 | $43,000 | $46,000 | |
Direct Cost of Sales | $9,000 | $9,500 | $9,600 | $10,200 | $10,500 | $11,300 | $10,000 | $10,000 | $11,000 | $12,000 | $12,120 | $13,000 | |
Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $9,000 | $9,500 | $9,600 | $10,200 | $10,500 | $11,300 | $10,000 | $10,000 | $11,000 | $12,000 | $12,120 | $13,000 | |
Gross Margin | $17,000 | $19,500 | $20,400 | $23,800 | $25,500 | $26,700 | $24,000 | $23,000 | $24,000 | $27,000 | $30,880 | $33,000 | |
Gross Margin % | 65.38% | 67.24% | 68.00% | 70.00% | 70.83% | 70.26% | 70.59% | 69.70% | 68.57% | 69.23% | 71.81% | 71.74% | |
Expenses | |||||||||||||
Payroll | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | |
Sales and Marketing and Other Expenses | $1,000 | $1,000 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Depreciation | $120 | $120 | $120 | $120 | $120 | $120 | $120 | $120 | $120 | $120 | $120 | $120 | |
Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Utilities | $400 | $400 | $400 | $400 | $400 | $400 | $400 | $400 | $400 | $400 | $400 | $400 | |
Insurance | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Rent | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | |
Payroll Taxes | 15% | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 | $2,490 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $22,910 | $22,910 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | $22,410 | |
Profit Before Interest and Taxes | ($5,910) | ($3,410) | ($2,010) | $1,390 | $3,090 | $4,290 | $1,590 | $590 | $1,590 | $4,590 | $8,470 | $10,590 | |
EBITDA | ($5,790) | ($3,290) | ($1,890) | $1,510 | $3,210 | $4,410 | $1,710 | $710 | $1,710 | $4,710 | $8,590 | $10,710 | |
Interest Expense | $410 | $403 | $396 | $389 | $382 | $375 | $368 | $361 | $354 | $347 | $340 | $333 | |
Taxes Incurred | ($1,896) | ($1,144) | ($722) | $300 | $812 | $1,174 | $367 | $69 | $371 | $1,273 | $2,439 | $3,077 | |
Net Profit | ($4,424) | ($2,669) | ($1,684) | $701 | $1,896 | $2,740 | $855 | $160 | $865 | $2,970 | $5,691 | $7,180 | |
Net Profit/Sales | -17.01% | -9.20% | -5.61% | 2.06% | 5.27% | 7.21% | 2.52% | 0.49% | 2.47% | 7.62% | 13.23% | 15.61% |
Pro Forma Cash Flow | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Cash Received | |||||||||||||
Cash from Operations | |||||||||||||
Cash Sales | $6,500 | $7,250 | $7,500 | $8,500 | $9,000 | $9,500 | $8,500 | $8,250 | $8,750 | $9,750 | $10,750 | $11,500 | |
Cash from Receivables | $0 | $650 | $19,575 | $21,775 | $22,600 | $25,550 | $27,050 | $28,400 | $25,475 | $24,800 | $26,350 | $29,350 | |
Subtotal Cash from Operations | $6,500 | $7,900 | $27,075 | $30,275 | $31,600 | $35,050 | $35,550 | $36,650 | $34,225 | $34,550 | $37,100 | $40,850 | |
Additional Cash Received | |||||||||||||
Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Investment Received | $0 | $0 | $0 | $0 | $4,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Received | $6,500 | $7,900 | $27,075 | $30,275 | $35,600 | $35,050 | $35,550 | $36,650 | $34,225 | $34,550 | $37,100 | $40,850 | |
Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Expenditures from Operations | |||||||||||||
Cash Spending | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | $16,600 | |
Bill Payments | $457 | $13,745 | $14,949 | $15,018 | $16,606 | $17,423 | $18,469 | $16,414 | $16,163 | $17,478 | $19,353 | $20,640 | |
Subtotal Spent on Operations | $17,057 | $30,345 | $31,549 | $31,618 | $33,206 | $34,023 | $35,069 | $33,014 | $32,763 | $34,078 | $35,953 | $37,240 | |
Additional Cash Spent | |||||||||||||
Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Long-term Liabilities Principal Repayment | $833 | $833 | $833 | $833 | $833 | $833 | $833 | $833 | $833 | $833 | $833 | $833 | |
Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Spent | $17,890 | $31,178 | $32,382 | $32,451 | $34,039 | $34,856 | $35,902 | $33,847 | $33,596 | $34,911 | $36,786 | $38,073 | |
Net Cash Flow | ($11,390) | ($23,278) | ($5,307) | ($2,176) | $1,561 | $194 | ($352) | $2,803 | $629 | ($361) | $314 | $2,777 | |
Cash Balance | $30,810 | $7,532 | $2,224 | $49 | $1,609 | $1,804 | $1,452 | $4,254 | $4,883 | $4,522 | $4,836 | $7,614 |
Pro Forma Balance Sheet | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Assets | Starting Balances | ||||||||||||
Current Assets | |||||||||||||
Cash | $42,200 | $30,810 | $7,532 | $2,224 | $49 | $1,609 | $1,804 | $1,452 | $4,254 | $4,883 | $4,522 | $4,836 | $7,614 |
Accounts Receivable | $0 | $19,500 | $40,600 | $43,525 | $47,250 | $51,650 | $54,600 | $53,050 | $49,400 | $50,175 | $54,625 | $60,525 | $65,675 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $42,200 | $50,310 | $48,132 | $45,749 | $47,299 | $53,259 | $56,404 | $54,502 | $53,654 | $55,058 | $59,147 | $65,361 | $73,289 |
Long-term Assets | |||||||||||||
Long-term Assets | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
Accumulated Depreciation | $0 | $120 | $240 | $360 | $480 | $600 | $720 | $840 | $960 | $1,080 | $1,200 | $1,320 | $1,440 |
Total Long-term Assets | $10,000 | $9,880 | $9,760 | $9,640 | $9,520 | $9,400 | $9,280 | $9,160 | $9,040 | $8,920 | $8,800 | $8,680 | $8,560 |
Total Assets | $52,200 | $60,190 | $57,892 | $55,389 | $56,819 | $62,659 | $65,684 | $63,662 | $62,694 | $63,978 | $67,947 | $74,041 | $81,849 |
Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Current Liabilities | |||||||||||||
Accounts Payable | $0 | $13,247 | $14,451 | $14,465 | $16,027 | $16,805 | $17,922 | $15,877 | $15,582 | $16,834 | $18,666 | $19,903 | $21,364 |
Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Subtotal Current Liabilities | $0 | $13,247 | $14,451 | $14,465 | $16,027 | $16,805 | $17,922 | $15,877 | $15,582 | $16,834 | $18,666 | $19,903 | $21,364 |
Long-term Liabilities | $50,000 | $49,167 | $48,334 | $47,501 | $46,668 | $45,835 | $45,002 | $44,169 | $43,336 | $42,503 | $41,670 | $40,837 | $40,004 |
Total Liabilities | $50,000 | $62,414 | $62,785 | $61,966 | $62,695 | $62,640 | $62,924 | $60,046 | $58,918 | $59,337 | $60,336 | $60,740 | $61,368 |
Paid-in Capital | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 |
Retained Earnings | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) | ($77,800) |
Earnings | $0 | ($4,424) | ($7,093) | ($8,777) | ($8,076) | ($6,180) | ($3,440) | ($2,585) | ($2,424) | ($1,559) | $1,411 | $7,101 | $14,281 |
Total Capital | $2,200 | ($2,224) | ($4,893) | ($6,577) | ($5,876) | $20 | $2,760 | $3,615 | $3,776 | $4,641 | $7,611 | $13,301 | $20,481 |
Total Liabilities and Capital | $52,200 | $60,190 | $57,892 | $55,389 | $56,819 | $62,659 | $65,684 | $63,662 | $62,694 | $63,978 | $67,947 | $74,041 | $81,849 |
Net Worth | $2,200 | ($2,224) | ($4,893) | ($6,577) | ($5,876) | $20 | $2,760 | $3,615 | $3,776 | $4,641 | $7,611 | $13,301 | $20,481 |
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Welcome to our guide on starting a vegetable selling business! Selling fresh and healthy vegetables can be a profitable venture while contributing to the well-being of your community. Here’s a step-by-step guide to help you get started:
Begin by researching your local market. Identify the demand for different types of vegetables and the preferences of your potential customers. Create a business plan outlining your goals, target market, pricing strategy, and estimated startup costs.
Establish relationships with local farmers, wholesalers, and suppliers to ensure a steady supply of fresh vegetables. Quality and variety are key factors in attracting and retaining customers.
Decide where you want to sell your vegetables. Options include setting up a physical storefront, participating in farmers’ markets, or even offering an online delivery service. Each platform has its advantages and challenges.
Register your business and obtain any necessary licenses or permits. Comply with local health and safety regulations to ensure that your vegetables meet quality standards.
Whether you’re selling in-person or online, an attractive display is essential. Arrange your vegetables in an organized and visually appealing manner. High-quality images and accurate descriptions are crucial for online sales.
If you’re selling online, create a user-friendly website where customers can browse your vegetable offerings, place orders, and get information about delivery or pickup options.
Use social media, local advertisements, and word-of-mouth to promote your vegetable business. Highlight the freshness and variety of your products to attract customers.
Provide excellent customer service to build trust and loyalty. Address customer inquiries promptly and ensure that the vegetables are delivered or available for pickup as promised.
Regularly review your sales data and customer feedback. Adapt your offerings based on customer preferences and seasonal changes in demand.
Consider implementing sustainable practices, such as using eco-friendly packaging or sourcing locally grown and organic vegetables. This can attract environmentally-conscious customers.
Starting a vegetable selling business requires careful planning, dedication, and a commitment to providing quality products. By following these steps and staying attentive to your customers’ needs, you can build a successful and rewarding venture.
Good luck with your vegetable selling business! 😊🌽🥦🥕
1. what is the first step to start a vegetable selling business.
The first step is to research and plan your business. Understand your local market, identify customer preferences, and create a business plan outlining your goals and strategies.
You can establish relationships with local farmers, wholesalers, and suppliers to ensure a steady supply of fresh and quality vegetables.
You can choose to set up a physical storefront, participate in farmers’ markets, or offer an online delivery service. Each platform has its advantages and challenges.
You need to register your business, obtain necessary licenses and permits, and comply with local health and safety regulations to ensure your vegetables meet quality standards.
An attractive display is crucial to attract customers. Arrange your vegetables in an organized and visually appealing manner, especially if you’re selling online.
Create a user-friendly website where customers can browse your vegetable offerings, place orders, and get information about delivery or pickup options.
Use social media, local advertisements, and word-of-mouth to promote your vegetable business. Highlight the freshness and variety of your products.
Address customer inquiries promptly, ensure timely delivery or pickup, and handle any issues or concerns with professionalism and courtesy.
Regularly review sales data and customer feedback. Adapt your offerings based on their preferences and seasonal changes in demand.
Implementing sustainable practices, such as using eco-friendly packaging or sourcing locally grown and organic vegetables, can attract environmentally-conscious customers and contribute to a positive brand image.
We hope these FAQs help you in starting your vegetable selling business! 😊🌽🥦🥕
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Expert business plan and financial models
Creating a comprehensive business plan is crucial for launching and running a successful juice bar. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your juice bar’s identity, navigate the competitive market, and secure funding for growth.
This article not only breaks down the critical components of a juice bar business plan, but also provides an example of a business plan to help you craft your own.
Whether you’re an experienced entrepreneur or new to the food and beverage industry, this guide, complete with a business plan example, lays the groundwork for turning your juice bar concept into reality. Let’s dive in!
Our juice bar business plan is developed to incorporate all vital aspects essential for a detailed strategic blueprint. It specifies the bar’s operational processes, marketing strategies, market context, competitive landscape, management team composition, and financial projections
Fully editable 30+ slides Powerpoint presentation business plan template.
Download an expert-built 30+ slides Powerpoint business plan template
The Executive Summary introduces your juice bar’s business plan, providing a succinct overview of your establishment and its offerings. It should highlight your market positioning, the variety of fresh juices, smoothies, and health-focused snacks you offer, its prime location, size, and a snapshot of daily operations.
This section should also delve into how your juice bar will assimilate into the local community, including an analysis of direct competitors in the vicinity, identifying who they are, along with your juice bar’s distinctive selling propositions that set it apart from these competitors.
Moreover, it should include information about the management and founding team, outlining their roles and contributions to the juice bar’s success.
Additionally, a summary of your financial forecasts, including expected revenue and profits over the next five years, should be included here to give a clear view of your juice bar’s financial strategy.
A concise overview introduces essential details like the bar’s name, location, ambiance, and a snapshot of its juice selections.
These details set the stage for your juice bar, framing its unique characteristics. A unique selling proposition ( USP ) distinguishes your bar. Whether it’s a focus on fresh, nutritious juice blends, a commitment to health-conscious offerings, or a welcoming atmosphere, highlight this USP in your executive summary to showcase your bar’s distinctive value proposition.
Example: “Fresh Oasis Juice Bar,” situated in the vibrant heart of Health Haven, occupies a bright and inviting 1,200-square-foot space, offering health-conscious customers a refreshing oasis. Our thoughtfully curated juice menu features a variety of fresh fruits and vegetables, crafting delicious and nutritious blends that cater to various health needs and tastes.
Understanding market dynamics and your position within it is crucial. This section should underscore the potential of the local health and wellness market, supported by relevant data such as market value and growth rates. Discussing trends, such as the increasing demand for healthy beverage alternatives or the rise in health-conscious consumer behavior, illuminates your bar’s positioning within the evolving landscape.
Additionally, it highlights the competitive landscape. Identify key competitors and elucidate how your juice bar stands out. Whether through unique juice combinations, an emphasis on freshness, or a focus on promoting well-being, emphasize how your bar differentiates itself.
Example: In the local health and wellness market of Health Haven, valued at $1.2 million annually with a 12% growth rate, Fresh Oasis Juice Bar leads with a focus on nutritious juice blends and a vibrant, health-focused ambiance. Amidst competition, our commitment to offering a diverse range of fresh, revitalizing juices positions us as the preferred choice for health-conscious customers seeking refreshing experiences.
Highlight the expertise and background of your management team, showcasing their capabilities in driving bar success.
This could include your general manager’s experience in food and beverage management or your operations manager’s proficiency in business administration. Demonstrating the team’s competency builds credibility and assures potential investors and partners of your bar’s potential for success.
Example: At Fresh Oasis Juice Bar, Alex Johnson, a co-founder with a degree in business administration and substantial experience in food and beverage business management, leads our operations. Supported by a business operations manager, Sarah Clark, with a background in hospitality and a strong focus on financial planning and marketing, the bar maintains a focus on delivering refreshing, health-centric experiences and efficient operations.
Provide an overview of your financial goals and projections, offering insights into revenue targets, profit margins, and anticipated growth trajectories.
Example: Fresh Oasis Juice Bar aims for a projected revenue of $760,000 annually, targeting a 13% EBITDA profit margin by 2028. Investment in sourcing quality ingredients, enhancing the customer experience, and strategic marketing initiatives geared towards health-conscious consumers drive anticipated growth and profitability within the local market.
For a juice bar, the Business Overview section can be effectively divided into 2 main components:
Briefly describe the juice bar’s physical setup, focusing on its vibrant, health-focused ambiance and the welcoming environment that invites customers.
Also mention the juice bar’s location, underscoring its accessibility and the convenience it offers to customers, such as proximity to fitness centers, office complexes, or ease of parking. Explain why this location is strategic in attracting your target clientele, emphasizing foot traffic and visibility.
Detail the range of products offered, from freshly squeezed juices and smoothies to health-centric snacks and supplements. Outline your sourcing strategy, emphasizing the importance of fresh, organic produce and sustainable sourcing practices.
Discuss your operational approach, including efficient service, hygiene standards, and waste reduction measures. Highlight your pricing strategy , ensuring it aligns with the quality of products offered and meets the expectations of your target market .
In the Market Overview of your juice bar business plan, start by exploring the size of the health and wellness beverage industry and its growth potential. This analysis is essential for grasping the market’s breadth and identifying opportunities for expansion.
Continue by discussing recent market trends , such as the growing consumer interest in health and nutrition, the demand for natural and organic ingredients, and the innovation in beverage offerings. For instance, spotlight the preference for beverages that support specific health goals or dietary needs, alongside the rising popularity of establishments that prioritize sustainability and ethical sourcing.
A competitive analysis is not just a tool for gauging the position of your juice bar in the market and its key competitors; it’s also a fundamental component of your business plan.
This analysis helps in identifying your juice bar’s unique selling points, essential for differentiating your business in a competitive market.
In addition, the competitive analysis is integral in laying a solid foundation for your business plan. By examining various operational aspects of your competitors, you gain valuable information that ensures your business plan is robust, informed, and tailored to succeed in the current market environment.
The initial step towards comprehending your place in the juice bar market involves identifying competitors. Begin by mapping out local juice bars, smoothie shops, and wellness cafes within your vicinity. For instance, if your juice bar specializes in cold-pressed juices and organic blends, direct competitors might include nearby juice bars known for similar offerings, as well as health-focused grocery stores with juice sections. Additionally, consider indirect competitors like fitness centers with juice bars or cafes offering fresh juice options.
Utilize online resources such as Google Maps, Yelp, or social media platforms to gain insights into competitor locations, customer reviews, and overall ratings. For instance, if “Fresh Sips Juicery” receives praise for its diverse menu and quick service, this highlights a strength you might need to consider in your competitive strategy.
Analyzing competitors involves a multifaceted approach:
Identify and highlight your juice bar’s unique value proposition . Maybe your bar is renowned for its customizable juice cleanses or offers a diverse range of exotic, tropical blends not found elsewhere in your area.
Analyze customer feedback and industry trends to identify gaps in the market. For instance, increasing demand for sustainable packaging and eco-friendly practices could present an opportunity if competitors are not addressing this growing concern.
Consider your location’s demographics and preferences. A juice bar situated in a fitness-oriented area might focus on post-workout recovery blends, while one in a bustling urban center might emphasize quick, on-the-go options for busy professionals.
First, conduct a SWOT analysis for the juice bar, highlighting Strengths (such as a diverse menu of healthy options and knowledgeable staff), Weaknesses (including seasonal fluctuations in fruit and vegetable availability or intense local competition), Opportunities (for instance, a growing public interest in health and wellness), and Threats (such as changes in health regulations or economic downturns that may reduce discretionary spending on eating out).
Next, develop a marketing strategy that outlines how to attract and retain customers through targeted advertising, promotional offers, an engaging online presence, and participation in local health and wellness events.
To effectively position your juice bar, it’s crucial to conduct a detailed analysis of the market landscape, comprehend customer preferences, and discern the competitive landscape.
Engage your audience and attract new customers through compelling promotions and loyalty programs.
Efficient sales channels ensure smooth transactions and maximize revenue streams.
Finally, create a detailed timeline that outlines critical milestones for the juice bar’s opening, marketing initiatives, customer base development, and expansion goals, ensuring the business advances with clear direction and intention.
The management section focuses on the juice bar’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the juice bar toward its financial and operational goals.
For your juice bar business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.
The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your juice bar’s approach to securing funding, managing cash flow, and achieving breakeven.
This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs , and capital expenditures.
For your juice bar business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).
Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds
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sangeeta agasty
Vijay Jakkula
Environment and Planning A 42(9), 2043-2057
Anika Trebbin
Since the 1980s power distribution in agrofood networks has changed in many countries in Africa, Latin-America, South Asia, and the postsocialist countries in Europe and Asia. In the course of economic liberalization, retail and wholesale trade as well as the food processing and agroscience sector were opened up to foreign investment. Within the frame of such liberalization many states gradually refrained from directly governing this sector and reregulated the trade in a way that gave private companies the possibility to implement new power structures. We analyze the so-called ‘Food Chain Partnership’ (FCP) program implemented by the transnational company Bayer in India as an example for private governance in agrofood networks. Bayer is advancing and coordinating relations between the food processing and retailing industry and farmers. We explore whether such private activity can substitute for the activities of state institutions in governing agrofood networks. As the case study will show, the FCP model is highly selective in terms of farmers, who can participate (criteria include minimum farm size, irrigation facility, literacy, agricultural practices, and mobile phones), the crops that are covered, and the information passed on to the farmers. This limits the potential of market-driven instruments like the FCP to replace the traditional trade system as they concentrate only on those regions and products which are promising most profit to the companies. The global production network approach builds the analytical framework of this paper.
alex kwalombota
Nitu Bhattacharya
International Food and Agribusiness Management Review
Dr Ravi Nandi
High-value agriculture in India is witnessing a transformation, specifically in fresh fruits and vegetables (FFV). Supply chain stakeholders, mainly small and marginal farmers, receive a very minimal share in consumer rupee due to market uncertainty, high post-harvest losses, information asymmetry, lack of processing facilities and the erratic demand-supply situation. The current study draws from an extensive review to propose a competitive, inclusive, sustainable and scalable supply chain model of primary processing centers connecting farmers directly and efficiently with consumers. The proposed model will connect producers with the rest of the supply chain and streamline the supply chain process to reduce post-harvest losses as much as possible. The integration of a market information system will ensure transparency to help in better decision-making, reduced intermediaries and information asymmetry for producers, as well as the systematic disposal of the produce. The model will in...
Aman Khanna
Mukesh Pandey, Pantnagar (India)
Andrew Shepherd
Dr. Subhendu Dey
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Subhendu Dey
Fabio Musso
Business Intelligence Journal
Kamala Devi
Dr. Somashekhar I C
shubhankar agarwal
Ronnie Susman Natawidjaja
Dr. SRINIVASA REDDY MANDALA
Dhilbar Roshan
Srinivasa Reddy M
Paramjeet kaur Dhindsa
IMAGES
VIDEO
COMMENTS
For a fruit and vegetable market, it's imperative to detail the range of products you intend to sell. Describe your selection of fruits, vegetables, herbs, and any additional items you plan to offer, and discuss how these choices align with the preferences and needs of your customer base. The operational plan is equally important.
It serves as a roadmap, outlining the vision, goals, and strategies necessary to establish and grow the business. Read Also: [Pdf Sample] Crop Farming Business Plan Docx. This comprehensive business plan aims to provide Agrolearners.com with a detailed framework for entering the fruit and vegetable industry, addressing key areas such as market ...
Operational cost for the first 3 months (salaries of employees, payments of bills et al) - $60,000. The cost for start-up inventory (stocking with a wide range of fresh fruits and vegetables) - $150,000. The cost for store equipment (cash register, security, ventilation, signage) - $13,750.
July 14, 2023. A fruit and vegetable store is a great way to provide healthy, fresh food to local communities while also providing a stable source of income. Additionally, it's an excellent way to support local farmers and increase access to a variety of fresh produce. But, first thing first, you need a business plan.
The projected P&L statement for a fruit and vegetable shop shows how much revenue and profit your business is expected to make in the future. A healthy fruit and vegetable shop's P&L statement should show: Sales growing at (minimum) or above (better) inflation. Stable (minimum) or expanding (better) profit margins.
A Business Model Canvas is a strategic tool designed to help you map out the key components of your business, whether you're starting fresh or re-evaluating an existing business. Imagine it as a visual framework that captures your fruit and vegetable store's value proposition, operations, customers, and financials in one succinct diagram.
A Sample Fruit & Vegetable Retail Store Business Plan Template _ ProfitableVenture - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Business plan template
The brake-even analysis for this grocery store business plan is based on the start-up costs of $50,000. This means that the store must generate $50,000 in sales to break even. This figure is based on the fixed costs of the store, such as rent, payroll, utilities, and other fixed costs. Monthly break-even analysis.
1.1 Objectives. Provide our customers with the freshest, organically grown fruits and vegetables. Offer foods without artificial colors, flavors, or additives. Sell earth-friendly cleansers; pure, natural supplements; and gentle, cruelty-free body care products. Support organic farms that keep our earth and water pure.
Develop your fruit and vegetable shop's corporate identity. Navigate the legal and regulatory requirements for launching your fruit and vegetable shop. Create a business plan for your fruit and vegetable shop. Raise the financing needed to launch your fruit and vegetable shop. Track your actuals against your forecast.
7. Marketing and Promotion. Use social media, local advertisements, and word-of-mouth to promote your vegetable business. Highlight the freshness and variety of your products to attract customers. 8. Customer Service. Provide excellent customer service to build trust and loyalty.
Figure 1. Planning process for a new commercial vegetable business. required, level of care needed, labor time and cost, and capital required and available. Some crops may be more profitable, but they may also be more labor-intensive. If labor is restricted in your area, then these crops may not be the best option.
September 4, 2024. Business Plan. Creating a comprehensive business plan is crucial for launching and running a successful juice bar. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your juice bar's identity, navigate the competitive market, and secure funding for growth.
Fresh Fruits & Vegetables Mart is an equal partnership between Muhammad Ismail Habibullah and Muhammad Asghar that will provide home delivery of fresh fruits and vegetables in Shaheed Benazir Abad, Pakistan. The business aims to address the lack of convenient access to quality produce at reasonable prices in the local market. It will require Rs. 700,000 in startup costs and operate through ...
Lastly, address any funding needs in the "ask" section of your executive summary. 2. The presentation of the company. In your fruit and vegetable wholesaler business plan, the second section should focus on the structure and ownership, location, and management team of your company.
Fruit 'N Fit Business Plan Nadia Browne 9 be started and members will pay a membership fee. Perks include product sampling on occasion. As the business develops, bath and body care products will be added to facilitate the issues teenagers face in puberty, e.g. acne. In this way, no part of the fruit goes to waste. These products include: 1.
Figure 1. Planning process for a new commercial vegetable business. required, level of care needed, labor time and cost, and capital required and available. Some crops may be more profitable, but they may also be more labor-intensive. If labor is restricted in your area, then these crops may not be the best option.
Selling fruits and vegetables. Growing and selling fresh produce can be a profitable and satisfying family business; however, risks are involved. Before investing money, time, and energy into any new business venture, it is advisable to first evaluate personal skills, market conditions, financial resources, and overall project feasibility.
Cooperative Extension Martin Hall, Room 309 Rutgers, The State University of New Jersey 88 Lipman Drive New Brunswick, NJ 08901-8525. njaes.rutgers.edu [email protected]. 732-932-5000, Ext. 610 Fax: 732-932-6633.
This business plan outlines the steps necessary to achieve this vision, positioning Agrolearners.com as a leading provider of fresh produce in the market. usiness Description: Defining Your Fruit and Vegetable usiness Agrolearners.com is an online platform that acts as an intermediary between farmers and consumers in
Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Fruits, nuts, and vegetables play a significant role in human nutrition, especially as sources of vitamins, minerals, and dietary fiber etc.
This document provides information about the fruit and vegetable industry in Ethiopia. It discusses key trends in the market such as favorable government policies encouraging private sector investment. It also outlines the major fruit and vegetable production areas in Ethiopia, including East and West Shewa, Arsi, and Southern Nations, Nationalities, and Peoples Regional State. Finally, it ...
Vegetable FarmAnalysis Workbook - Financial[PAGE 3] INSTRUCTIONS. Goal: For a one-year period, develop an accrual adjusted income statement. This means preparing the following financial reports: 1. Balance Sheet statement at beginning of year, with both cost and market valuations. 2.