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Assignment No. 01 Marks: 20

“Business Plan”

As per learning outcomes of your current course, while entering in practical field, you are

going to launch a new business of “Sheep Farm House & Breeding”. In order to avoid failure at

any stage of your business, you are required to prepare a comprehensive business plan for

your business before its launching.”

As part of your business plan, you are required to answer the following questions:

1. What will be the vital objectives of your business?

2. Who will be your targeted customers?

3. What would be your administrative structure to handle your overall business?

Solution

1.Our objective is to humanely treat the sheep while providing the optimal housing and best breeding environment to sheep to produce the best of the best sheeps.
2.Farmers or herders who have sheep usually focusing on farmers who own sheep
and use it as a main source of commodity.
3. Administrative structure we will have a marketing section, CEO, vice
president who would do most of the paper work, an accountant, and several
inters who will act as sales to pitch our service to the potential customers.


Study on sheep
Basic as it may sound but the first step in becoming successful is knowing what
your business is about. Take ownership and be proactive. Get hungry, grab books
that will expand your thinking. Study the different breeds of sheep. Know what
they eat, their life span, how they procreate and what climates suit them.

Write a sheep farming business plan
First, determine the purpose of your sheep farm business. Write down areas that
you can focus on. Sheep farming can really be profitable. You can focus on wool
production which later can be used as material for clothing, shawls, blankets
just to mention a few. Another area that could arouse your interest is diary.
Sheep produce milk that can be used for cheese and ice cream too. Of course,
you can also raise sheep for their meat as well as become a breeder.
Definitely, sheep farming has its potential as a lucrative business. Second,
determine what type of sheep breed will help you meet your purpose.

Get a sheep farm business license
Before moving on, consult your business plan with a business lawyer. Get the
legal aspects of running such a farm done and get over with. Fill up the forms
and documents. Get your sheep raising business permits and licenses out of the
way. This is a part of the start up cost of a sheep farm business.

Visit a real estate agent
Set an appointment to discuss your location requirements. Share your budget
range with him at the beginning of your meeting so as he has an idea which
areas to offer you. Aside from visiting a real estate agent, you may want to
browse the web or newspaper for existing sheep farms or just farms that could
be converted to one which are for sale. Compare prices. Invest in the location
that is best for your business plans but will also fit in your budget range.

Invest on additional tools
Make a list of tools you need in running your farm business. Include tools for
fencing, trimming, shearing and hay in your list. Browse the web for other
tools that can be used in raising sheep and running a farm. Don’t be afraid to
experiment with technologies that will make your business run smoother. However
you don’t need to purchase them all. Pick the ones you need first.

Set up your farm
Hire a contractor to build a shelter for your sheep. Build a shelter that will
protect them from rain and other harsh environments. Have the contractor
fortify your piece of land with fencing.

Develop a maintenance plan
Running a farm is a lot of work so consider hiring people to help you. Create a
schedule plan for cleaning, trimming, vaccinations and of course dates when to
harvest what you planted whether it be wool, dairy, meat or breeding...

 

 


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Replies to This Discussion

thanku sir,,,,, :)
mujhe thankx kaho maine banai thi
tujy to main campus main b thanx keh sakta hu.. but yaha b.,,,, thank u yaar. hahaahaha

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