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Northeast Beginning Farmers Project Winter Course: Planning to Stay in Business – Writing Your Business Plan
Whether you intend to borrow money or not, heading into a farm venture without a business plan is like setting sail across the ocean without a map. Either way, you’re likely to run into bumps and twists that can derail your venture. Arm yourself with a business plan and you will have a guide to aid your farm decision-making and demonstrate to yourself and your family that your ideas are feasible. This intensive, fast-paced course is designed to help you build your plan quickly.
Upon completing this course, you will have a full business plan in a format ready to be implemented on the farm. The business plan may be used to guide you in decision-making in the course of running the farm business. Additionally, the business plan will be in a form ready to submit to a banker, private investor or grantor, in the event you are seeking outside funding.
Graduates of BF 202 have obtained equipment and operating loans, and mortgages, for start-up and expanding farms.