Thursday, November 1, 2018
Saturday, March 2, 2019
Let’s Write Your Agricultural Business Plan
Thursday evenings, November 1st-December 6th
840 Upper Front St, Binghamton, NY 13905
During this five part series hosted by Cornell Cooperative Extension of Broome County and led by Laura Biasillo, Agricultural Economic Development Specialist, participants will work through the various sections of a business plan for their agricultural venture. This is applicable whether you are considering a food-based business, growing fruits or vegetables, raising livestock or starting an agri-tourism based operation. Using a set of templates created by the Minnesota Institute for Sustainable Agriculture as well as the NYS Small Business Development Center, sample worksheets will lend a practical perspective and illustrate how real farm families set goals, research processing alternatives, determine potential markets, and evaluated financing options. Blank worksheets will help participants to develop a detailed, lender-ready business plan or map out strategies to take advantage of new opportunities.
This series is set up so that farms can work on the worksheets between sessions and come back to discuss, get input from peers and professionals in the community and refine their plan.
The final session will be dedicated to each participant presenting their business plan to their peers, as well as a panel of those representing finance, marketing, agricultural businesses and production.
Week One: Mission/Vision & Business Structure Options
Week Two: Marketing Strategy, Branding & Customer Identification
Week Three: Finances, Pt 1: Recordkeeping/taxes & Creating an enterprise budget
Week Four: Finances Part 2: Financial projections, Income Statements & Balance sheets
Week Five: Shark tank pitch!
You can attend any, or all of the sessions. The cost per session is $25 and includes two spots and the meal that evening, but not the full workbook.
The cost to attend the full series is $100/farm or family (this includes two registrations). This includes a workbook to walk through the five sections of a business plan, as well as dinner and other handouts provided at each meeting. Pre-registration is required.