Farming can be an incredibly rewarding career for many individuals. The opportunity to work outdoors and contribute to the cultivation of the nation’s food supply is a source of deep fulfillment for many farmers, a way of living they would not trade for anything else.
However, it is important to recognize that farming is, ultimately, a business. Like any other enterprise, it requires careful planning, organization, and strategic decision-making. For this reason, every farmer must develop a comprehensive business plan to guide them in their operation, management, and the long-term success of their farm.
What is a business plan?
A business plan is a dynamic document that outlines a business’s goals and the strategy to achieve them. It serves as a roadmap for owners, detailing key assets, resources, and liabilities. Because conditions change over time, it should be reviewed and updated regularly. Since farming is a business, every farmer should maintain a business plan that focuses on the specific needs of their agricultural operation.
A typical business plan will consist of the following parts:
- Business description
- Marketing plan
- Operational plan
- Human Resources (HR) plan
- Financial plan
- Executive summary
Building your Florida Farm Business Plan website
The UF/IFAS Polk County’s Small Farms and Alternative Enterprises Program has designed and developed a free resource for all Florida farmers to help them create their own farm business plan. This website is designed to help both aspiring and established farmers develop effective business plans for their agricultural operations. Through practical tools, guidance, and essential resources, it supports strategic planning and informed decision-making to build a strong, sustainable farm business.
To access this website, please click here: “Building your Florida Farm Business Plan”
For a Spanish version of this website, click here: “Cómo Desarrollar su Plan de Negocios Agrícolas en Florida”
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