Community Garden Business Plan Template

Written by Dave Lavinsky

Community Garden Business Plan Template
Table of Contents
Table of Contents

If you’re looking to create a community garden business plan, you’ve come to the right place!

Over the past 25 years, the PlanPros team has helped over 1 million entrepreneurs and business owners write business plans….and many of them have started and grown successful community garden businesses. Our community garden business plan example below is sure to help you!

Community Garden Business Plan Example

Below is our community garden business plan template and sample plan created using our business plan generator:

 

I. Executive Summary

Company Overview

GrowTogether Garden is an exciting new community garden initiative based in Springfield, MO, dedicated to fostering community engagement, sustainability, and a love for gardening. Our mission is to create a welcoming space where community members can come together to grow their own produce, learn about sustainable gardening practices, and participate in community events. As a startup, we are focused on securing a suitable location, developing our infrastructure, and launching our garden to the Springfield community. Our goal is to not only provide a space for gardening but also to build a strong, supportive community around our shared values of sustainability and healthy living.

Success Factors

Our success will be driven by several key factors, including our strong commitment to community engagement, our focus on sustainability, and our dedication to providing educational opportunities in gardening and healthy living. To date, we have made significant progress in planning and developing our community garden. We are in the process of securing a suitable location, obtaining necessary permits and licenses, and developing partnerships with local businesses and organizations. Our accomplishments demonstrate our capacity to overcome challenges and our commitment to making GrowTogether Garden a cornerstone of the Springfield community.

Industry Analysis

The community garden industry is experiencing a resurgence, with more people seeking ways to connect with nature, grow their own food, and be part of a community. This trend is particularly strong in urban areas where access to green spaces is limited. Community gardens provide numerous benefits, including improving food security, promoting physical and mental health, and strengthening community bonds. With an increasing awareness of environmental sustainability and healthy living, the demand for community gardens is expected to continue growing. This presents an exciting opportunity for GrowTogether Garden to become a leader in the Springfield area by offering a unique combination of gardening space, educational programs, and community events.

Customer Analysis

Our target customers are residents of Springfield, MO, who are interested in gardening, sustainability, and community engagement. This includes individuals and families looking for gardening space, schools and educational organizations seeking outdoor learning opportunities, and local businesses interested in supporting community initiatives. Our garden will cater to both experienced gardeners and novices, providing a supportive environment for learning and growth. By understanding the diverse needs and interests of our community, we aim to create a garden that is welcoming to all, regardless of gardening experience.

Competitive Analysis

Top Competitors:

  • GreenSprout Community Gardens: Offers community plots and educational workshops.
  • Harvest Haven: Focuses on organic gardening and sustainability programs.

Competitive Advantages:

We differentiate ourselves through our comprehensive approach to community engagement, our emphasis on sustainability, and our diverse educational offerings. Unlike our competitors, we plan to implement a multifaceted promotional strategy that leverages digital and community outreach, ensuring broad visibility and engagement within the Springfield community. Our focus on building strong local partnerships and offering a wide range of programs will position us as a leader in the community garden space.

Marketing Plan

To effectively attract customers, we will leverage a combination of online marketing, community outreach, partnerships, email marketing, local media, and word-of-mouth. Our promotional strategy includes engaging potential customers through social media channels, maintaining a robust website with a blog, and participating in local events to showcase our garden. We will also partner with local businesses and organizations to host joint events and workshops, further expanding our reach and strengthening our community ties. Email marketing will keep our community informed and engaged, while local media appearances will broaden our audience. Our comprehensive approach aims to attract a diverse group of members to our garden, fostering a strong, inclusive community.

Operations Plan

Our key operational processes involve securing a suitable location, obtaining necessary permits and licenses, developing garden infrastructure, and launching our community garden. We aim to achieve milestones such as establishing a membership model, creating educational programs, building partnerships, and reaching financial sustainability with $15,000/month in revenue. By focusing on volunteer management, supply chain optimization, and effective marketing, we will streamline operations to maximize productivity and impact. Regular evaluation of our services will ensure we meet community needs and explore opportunities for expansion, solidifying our presence in Springfield.

Management Team

Our management team comprises individuals with diverse backgrounds in community organizing, sustainable agriculture, and business management. This blend of skills and experiences positions us well to lead GrowTogether Garden toward achieving its mission. Our team’s passion for community engagement, expertise in gardening and sustainability, and strong leadership abilities will drive the success of our garden, ensuring we meet our objectives and positively impact the Springfield community.

Financial Plan

To reach our growth goals and ensure the sustainability of GrowTogether Garden, we estimate requiring an initial investment to cover the costs of securing a location, developing our garden infrastructure, and implementing our marketing and operational plans. This investment will enable us to establish a strong foundation for our garden, support our educational and community engagement initiatives, and achieve our financial target of $15,000/month in revenue. Our financial plan is designed to ensure we have the resources needed to grow our garden and fulfill our mission of building a vibrant, sustainable community around gardening in Springfield, MO.

Summary

Below is an overview of our expected financial performance over the next five years:

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Expenses $1,247,141 $1,310,677 $1,377,450 $1,447,625 $1,521,375
Gross Profit $1,720,831 $1,903,133 $2,102,561 $2,320,636 $2,559,012
Gross Profit (%) 58% 59.2% 60.4% 61.6% 62.7%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,623,746 $1,803,102 $1,999,495 $2,214,443 $2,449,597
Depreciation $9,400 $9,400 $9,400 $9,400 $9,400
Amortization $0 $0 $0 $0 $0
Interest Expense $9,300 $9,300 $9,300 $9,300 $9,300
Income Tax Expense $561,766 $624,540 $693,278 $768,510 $850,814
Net Income $1,043,280 $1,159,861 $1,287,516 $1,427,233 $1,580,083

 

II. Company Overview

GrowTogether Garden is a new Community Garden serving the vibrant community of Springfield, MO. As a local community garden, we’ve noticed a gap in the availability of high-quality local community gardens within the area, which prompted us to step in and fill this void. Our mission is to bring together people of all ages and backgrounds to grow fresh produce, learn, socialize, and create a greener, more sustainable community.

At GrowTogether Garden, our offerings are diverse and cater to a wide array of gardening and horticultural interests. Our products and services include a variety of fresh vegetables and herbs, fruits, flowers and ornamental plants, compost, as well as seedlings and seeds for those looking to start or expand their gardens. We pride ourselves on the quality of our products, ensuring that our community has access to the best possible options for their gardening and culinary needs.

Located in the heart of Springfield, MO, we are perfectly positioned to serve our community members in Springfield and the surrounding areas. Our location was chosen with accessibility and convenience in mind, ensuring that our customers can easily visit us and partake in our gardening activities and services.

Our confidence in the success of GrowTogether Garden is rooted in several key factors. Firstly, our founder brings a wealth of experience from previously running a successful community garden, ensuring that we have the knowledge and skills necessary to thrive. Additionally, our commitment to producing better fresh vegetables, herbs, and more seedlings than our competition sets us apart and positions us as a leader in the local community gardening scene.

Since our founding on January 10, 2024, GrowTogether Garden has made significant strides as a Limited Liability Company. We have successfully designed our logo, developed our company name, and found a great location, laying a solid foundation for our garden to grow and serve our community. These accomplishments are just the beginning, and we look forward to continuing to expand our services, engage more community members, and contribute to a greener, more sustainable Springfield.

 

III. Industry Analysis

The Community Garden industry in the United States has experienced significant growth in recent years, with an estimated market size of over $300 million. This figure encompasses the revenue generated by community gardens, urban farms, and similar initiatives across the country. As more people become interested in sustainable living and locally sourced produce, the demand for community garden spaces continues to rise.

Market analysts project that the Community Garden industry will continue to expand at a steady rate in the coming years. With an expected annual growth rate of 5-7%, the market is poised to reach new heights as more communities embrace the benefits of communal gardening. This growth presents a promising opportunity for new entrants like GrowTogether Garden, which can capitalize on the increasing popularity of community gardening.

One of the key trends driving the growth of the Community Garden industry is the rising awareness of food security and environmental sustainability. Consumers are increasingly looking for ways to reduce their carbon footprint and support local food systems, making community gardens an attractive option. GrowTogether Garden, with its focus on organic gardening practices and community engagement, is well-positioned to benefit from these trends and establish itself as a leading provider of fresh, locally grown produce in Springfield, MO.

 

IV. Customer Analysis

Below is a description of our target customers and their core needs.

Target Customers

We will target local residents in Springfield, MO, who have a keen interest in gardening but lack the space or resources to pursue their hobby. These individuals are typically looking for ways to connect with their community, learn more about sustainable living, and enjoy the benefits of fresh, locally-grown produce. Our services will cater specifically to their needs, offering them a space to grow their own plants and become part of a community of like-minded individuals.

Aside from local residents, we will also focus on schools and educational institutions seeking practical, hands-on learning experiences for their students. By integrating our community garden into their curriculum, schools will provide students with invaluable lessons in biology, environmental science, and the importance of community and sustainability. We will tailor our programs to fit the educational needs of students across various age groups, ensuring a rich learning experience.

Additionally, we will target local businesses looking for CSR (Corporate Social Responsibility) opportunities. Partnering with us will allow them to contribute to local sustainability efforts, engage their employees in community service, and enhance their brand image within the community. We will design corporate volunteer programs and sponsorship opportunities that align with their CSR goals, providing a mutually beneficial relationship for both parties.

Customer Needs

GrowTogether Garden fulfills a crucial need by providing high-quality fresh vegetables and herbs to residents who desire not only nutritious but also flavorful additions to their meals. This access to fresh produce can significantly enhance the health and well-being of the community, offering an alternative to processed and store-bought options that often lack the vital nutrients essential for a balanced diet. The garden becomes a vital source of dietary enrichment, ensuring that families have the means to adopt and maintain a healthier lifestyle.

Moreover, GrowTogether Garden serves as a communal space where individuals can come together to share in the joy of gardening and learn from each other. This fosters a strong sense of community and connectedness among residents, satisfying the human need for social interaction and mutual support. In a world where technology often dominates our forms of communication, the garden offers a hands-on, tangible experience that brings people closer to nature and each other.

Additionally, the garden addresses the growing concern for sustainable living practices. Consumers are increasingly aware of the environmental impact of their choices and seek opportunities to contribute positively. By participating in a community garden, residents can reduce their carbon footprint by consuming produce that hasn’t traveled thousands of miles, thus promoting sustainability and environmental consciousness. This initiative not only satisfies the need for greener living solutions but also educates the community on the importance of sustainability efforts.

 

V. Competitive Analysis

Direct Competitors

GrowTogether Garden’s competitors include the following companies:

Pacific Community Garden offers a variety of gardening plots where individuals and families can grow their own produce. They also provide workshops on sustainable gardening techniques and organic farming. Their price points vary depending on the size of the garden plot rented, making it accessible to a wide range of customers. The revenue of Pacific Community Garden primarily comes from plot rentals, workshops, and donations. They are located in the heart of Springfield, MO, which makes them easily accessible to residents of the city and surrounding areas. The customer segments they serve include gardening enthusiasts, families looking for outdoor activities, and individuals interested in learning about sustainable agriculture. A key strength of Pacific Community Garden is their emphasis on community education and sustainable practices. However, a weakness could be their limited plot availability, which may not meet the growing demand for community gardening spaces in Springfield.

Grant Beach Calhoun Community Garden offers not only garden plots for rent but also community events and volunteer opportunities. Their services are aimed at fostering a strong community spirit and promoting healthy lifestyles. Pricing for their services is designed to be affordable, encouraging participation from various socioeconomic backgrounds. Their revenue streams include plot rentals, community-sponsored events, and private donations. Situated in a neighborhood known for its active community involvement, Grant Beach Calhoun Community Garden appeals to residents of Grant Beach and beyond. They target community-minded individuals, families, and groups interested in gardening and local food production. Their strength lies in their community engagement and the variety of events they offer, which enhances their appeal. A potential weakness is the reliance on volunteers for maintenance and operations, which can lead to inconsistency in service quality.

Springfield Community Gardens stands out for its network of gardens across Springfield, offering numerous locations for residents to choose from. They provide garden plots, educational programs on food production, and initiatives aimed at combating food insecurity. Their pricing structure is designed to be inclusive, with scholarships available for those who cannot afford the rental fees. Their revenue is generated through plot rentals, educational program fees, grants, and donations. By operating in multiple locations, Springfield Community Gardens serves a broad geographic area, targeting individuals, schools, and community groups interested in gardening and food justice. A key strength is their extensive reach and commitment to food security, making them a significant player in the local food system. However, managing multiple sites can present logistical challenges and strain resources, which could be seen as a weakness.

Competitive Advantages

At GrowTogether Garden, we pride ourselves on our ability to produce better fresh vegetables, herbs, and more seedlings than our competition. Our commitment to quality and sustainability sets us apart in the Springfield market. We employ innovative agricultural techniques and organic practices that ensure our produce is not only healthier but also more flavorful. Our customers appreciate the difference in taste and nutritional value that comes from our dedication to excellence and natural farming methods. Additionally, the variety and abundance of our seedlings offer gardeners and farmers a superior selection for enhancing their own plots, contributing to the greening of our community.

Beyond our exceptional produce, our competitive advantage lies in our community-centric approach. We foster a strong sense of community among our customers and neighbors, offering workshops, educational programs, and volunteer opportunities that engage them in sustainable practices and gardening. This not only helps in building a loyal customer base but also in creating a more informed and environmentally conscious community. Our location is strategically chosen to be easily accessible, making it convenient for our customers to visit and participate in our community activities. This accessibility, combined with our superior product offerings and community engagement initiatives, positions us as a leader in the Springfield area for those seeking a healthier, more sustainable lifestyle.

 

VI. Marketing Plan

Our marketing plan, included below, details our products/services, pricing and promotions plan.

Products, Services & Pricing

GrowTogether Garden offers a diverse range of products and services catered towards enthusiasts of gardening and fresh produce. This community garden is designed to be a one-stop destination for anyone looking to enhance their garden or kitchen with top-quality products directly from the source. By focusing on sustainability and community engagement, GrowTogether Garden ensures that customers can access a variety of offerings at reasonable prices.

One of the key products available is fresh vegetables and herbs. These are grown locally, using sustainable practices that not only guarantee freshness but also promote health and well-being. Customers can expect to purchase these products at an average price ranging from $2 to $5 per bunch or pound, depending on the specific vegetable or herb. This pricing strategy ensures that customers have access to the freshest ingredients for their culinary needs without breaking the bank.

In addition to vegetables and herbs, GrowTogether Garden also provides a selection of fruits. These fruits are picked at the peak of their ripeness, ensuring the best flavor and nutritional value. The average price for the fruits ranges from $3 to $7 per pound, varying by season and availability. This offers customers the opportunity to enjoy delicious, locally-grown fruits that are a cut above what one might find in a typical grocery store.

For those with an aesthetic appreciation, GrowTogether Garden offers flowers and ornamental plants. These beauties are perfect for enhancing the visual appeal of any space, be it a garden, home, or office. The flowers and ornamental plants are available at an average price of $10 to $25, depending on the type and size of the plant. This range allows customers to select items that fit their budget while still adding a splash of color and life to their surroundings.

Understanding the importance of sustainability, GrowTogether Garden also produces compost. This compost is made from organic waste collected within the garden and is perfect for enriching soil, promoting healthy plant growth. Customers can purchase compost at an average price of $5 per bag, making it an affordable option for enhancing garden health and productivity.

Lastly, for those interested in starting their garden or adding new varieties to their existing setups, GrowTogether Garden offers seedlings and seeds. These are available at an average price of $1 to $3 per packet or individual plant. This provides an economical way for gardening enthusiasts to experiment with different plants and grow their own vegetables, herbs, and flowers from the ground up.

Overall, GrowTogether Garden prides itself on offering a wide range of high-quality gardening products and services at competitive prices. Whether customers are looking for fresh produce, beautiful plants, or gardening supplies, they can find what they need to foster a closer connection with nature and their community.

Promotions Plan

To effectively attract customers, we will implement a multifaceted promotional strategy that leverages both traditional and digital platforms. At the forefront of our efforts, online marketing will play a pivotal role. We will engage potential customers through various social media channels, including Facebook, Instagram, and Twitter, where we will share engaging content about gardening tips, community events, and the unique benefits of joining our garden. Additionally, we will maintain a robust website that not only provides essential information about us but also features a blog to share stories from our garden, gardening advice, and updates on community projects.

Beyond digital efforts, we will also embrace community outreach by partnering with local businesses and organizations to host joint events or workshops. These partnerships will not only broaden our reach but also strengthen our ties within the community, fostering a supportive network around gardening and sustainability. Furthermore, we will participate in local farmers’ markets and community fairs, setting up informational booths to directly engage with the community, distribute promotional materials, and showcase what our garden offers.

Email marketing will also be an essential tool in our promotional arsenal. We will collect email addresses through our website and during community events to keep potential and existing members informed about upcoming events, workshops, and other garden-related news. This direct line of communication will help us build a strong relationship with our community, encouraging engagement and membership.

To ensure our message resonates with a wide audience, we will also utilize local media outlets. Press releases to local newspapers, radio interviews, and even local TV appearances will help us share our story and the benefits of community gardening with a broader audience. This exposure will not only attract new members but also establish our garden as a key player in local sustainability and community-building efforts.

Lastly, word-of-mouth remains a powerful promotional tool, and we will encourage our existing members to share their experiences with friends and family. We will facilitate this by creating a welcoming and inclusive environment that members are proud to be a part of and by offering referral incentives to further motivate them to spread the word about our garden.

In summary, our promotional strategy will be comprehensive, leveraging online marketing, community outreach, partnerships, email marketing, local media, and word-of-mouth to effectively attract customers and grow our garden community. Through these efforts, we expect to not only increase our membership but also strengthen our presence and impact within the Springfield, MO community.

 

VII. Operations Plan

Our Operations Plan details:

  1. The key day-to-day processes that our business performs to serve our customers
  2. The key business milestones that our company expects to accomplish as we grow

 

Key Operational Processes

To ensure the success of GrowTogether Garden, there are several key day-to-day operational processes that we will perform.

  • Open and Close Facility: Ensure that the garden opens promptly at the advertised times and is securely closed at the end of the day.
  • Customer Service: Provide exceptional customer service, including answering questions, guiding tours, and assisting with gardening-related queries.
  • Maintenance: Perform daily maintenance tasks such as watering plants, weeding, and checking for pest issues to keep the garden in optimal condition.
  • Inventory Management: Regularly check and restock gardening supplies, seeds, and tools necessary for community use.
  • Financial Management: Manage daily financial operations, including collecting membership fees, handling donations, and recording expenses.
  • Community Engagement: Facilitate community engagement through the organization of workshops, educational programs, and events that cater to the interests of garden members and the local community.
  • Volunteer Coordination: Coordinate volunteers, assigning tasks based on the garden’s needs and the volunteers’ skills and interests.
  • Safety Inspections: Conduct daily safety inspections to ensure that all areas of the garden are safe for visitors and comply with local regulations.
  • Marketing and Promotion: Execute daily marketing tasks, including social media updates, email newsletters, and community outreach to attract new members and retain existing ones.
  • Data Collection and Analysis: Collect data on visitor numbers, plant growth, and community engagement activities to analyze the garden’s performance and identify areas for improvement.
  • Sustainability Practices: Implement and monitor sustainability practices within the garden to minimize waste, conserve water, and promote biodiversity.
  • Conflict Resolution: Address and resolve any conflicts that arise among members or between members and staff promptly and effectively.

Milestones

GrowTogether Garden expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure a Suitable Location: Find and secure a lease for land in Springfield, MO, that is suitable for a community garden, considering factors such as sunlight, soil quality, and access to water.
  • Obtain Necessary Permits and Licenses: Navigate local regulations to obtain all necessary permits and licenses required to operate a community garden, ensuring compliance with zoning laws, safety standards, and environmental regulations. –
  • Develop Infrastructure: Build out the garden infrastructure, including raised beds, irrigation systems, tool sheds, and community spaces, ensuring that the garden is functional, accessible, and welcoming to all community members.
  • Launch Our Community Garden: Officially open the garden to the community with a launch event that encourages membership sign-ups, volunteer commitments, and local partnerships, aiming to build a strong foundation of support and participation from day one.
  • Implement Membership and Revenue Models: Develop and implement membership models that provide value to the community while generating sustainable revenue, such as individual and family memberships, corporate sponsorships, and grant funding.
  • Establish Educational Programs: Create and offer educational programs focused on gardening, sustainability, and healthy living to engage the community, provide value to members, and attract new participants.
  • Build Partnerships with Local Businesses and Organizations: Forge partnerships with local businesses, schools, and non-profits to promote the garden, expand its reach, and secure additional revenue streams through sponsored events, workshops, and joint initiatives.
  • Achieve Operational Efficiency: Streamline operations to minimize costs and maximize productivity, focusing on volunteer management, supply chain optimization, and effective marketing and community engagement strategies.
  • Get to $15,000/Month in Revenu: Reach the financial milestone of generating $15,000 per month in revenue through memberships, donations, grants, and partnerships, ensuring the garden’s financial sustainability and ability to reinvest in its growth and community impact.
  • Evaluate and Expand Services: Regularly assess the garden’s offerings and community needs to explore opportunities for expansion, such as adding more garden plots, introducing new educational programs, or expanding the garden’s footprint to serve more members of the community.

 

VIII. Management Team

Our management team has the experience and expertise to successfully execute on our business plan.

Management Team Members

GrowTogether Garden management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Lyla Torres, President

Lyla Torres brings a wealth of experience and a proven track record of success to her role as President of GrowTogether Garden. With a rich background in community gardening, Lyla has previously managed a community garden, leading it to flourish under her guidance. Her expertise in gardening, coupled with her leadership skills, makes her an invaluable asset to the GrowTogether Garden. Lyla’s passion for community involvement and sustainable gardening practices drives her commitment to making GrowTogether Garden a lasting success. Her ability to inspire and mobilize community members towards a common goal of gardening excellence positions the garden for a bright future under her leadership.

 

IX. Financial Plan

Summary

Below is an overview of our expected financial performance over the next five years:

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Expenses $1,247,141 $1,310,677 $1,377,450 $1,447,625 $1,521,375
Gross Profit $1,720,831 $1,903,133 $2,102,561 $2,320,636 $2,559,012
Gross Profit (%) 58% 59.2% 60.4% 61.6% 62.7%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,623,746 $1,803,102 $1,999,495 $2,214,443 $2,449,597
Depreciation $9,400 $9,400 $9,400 $9,400 $9,400
Amortization $0 $0 $0 $0 $0
Interest Expense $9,300 $9,300 $9,300 $9,300 $9,300
Income Tax Expense $561,766 $624,540 $693,278 $768,510 $850,814
Net Income $1,043,280 $1,159,861 $1,287,516 $1,427,233 $1,580,083

Funding Requirements/Use of Funds

To accomplish our growth goals, GrowTogether Garden needs $93,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $20,000
Furniture $5,000
Equipment $10,000
Machines $10,000
Computers $2,000
Non Capital Investments
Working Capital $20,000
Initial Rent/Lease $3,000
Staff Salaries for the First 3 Months $15,000
Initial Marketing and Advertising $5,000
Supplies $2,000
Insurance $1,000

Financial Projections

financial projection community garden business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Total Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Costs
Direct Costs $1,247,141 $1,310,677 $1,377,450 $1,447,625 $1,521,375
Total Direct Costs $1,247,141 $1,310,677 $1,377,450 $1,447,625 $1,521,375
GROSS PROFIT $1,720,831 $1,903,133 $2,102,561 $2,320,636 $2,559,012
GROSS PROFIT % 58% 59.2% 60.4% 61.6% 62.7%
Other Expenses
Salaries $72,814 $75,023 $77,299 $79,644 $82,060
Marketing Expenses $6,067 $6,251 $6,441 $6,637 $6,838
Rent/Utility Expenses $6,067 $6,251 $6,441 $6,637 $6,838
Other Expenses $12,135 $12,503 $12,883 $13,274 $13,676
Total Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,623,746 $1,803,102 $1,999,495 $2,214,443 $2,449,597
Depreciation $9,400 $9,400 $9,400 $9,400 $9,400
Amortization $0 $0 $0 $0 $0
EBIT $1,614,346 $1,793,702 $1,990,095 $2,205,043 $2,440,197
Interest Expense $9,300 $9,300 $9,300 $9,300 $9,300
PRETAX INCOME $1,605,046 $1,784,402 $1,980,795 $2,195,743 $2,430,897
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,605,046 $1,784,402 $1,980,795 $2,195,743 $2,430,897
Income Tax Expense $561,766 $624,540 $693,278 $768,510 $850,814
NET INCOME $1,043,280 $1,159,861 $1,287,516 $1,427,233 $1,580,083
Net Profit Margin (%) 35.2% 36.1% 37% 37.9% 38.7%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $957,974 $2,111,776 $3,391,767 $4,816,955 $6,293,842
Other Current Assets $254,760 $275,861 $298,711 $314,021 $340,032
Total Current Assets $1,212,734 $2,387,638 $3,690,479 $5,130,977 $6,633,875
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $47,000 $47,000 $47,000 $47,000 $47,000
Accum Depreciation $9,400 $18,800 $28,200 $37,600 $47,000
Net fixed assets $37,600 $28,200 $18,800 $9,400 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,250,334 $2,415,838 $3,709,279 $5,140,377 $6,633,875
LIABILITIES & EQUITY
Current Liabilities $114,054 $119,696 $125,620 $129,484 $135,899
Debt outstanding $93,000 $93,000 $93,000 $93,000 $0
Total Liabilities $207,054 $212,696 $218,620 $222,484 $135,899
Share Capital $0 $0 $0 $0 $0
Retained earnings $1,043,280 $2,203,141 $3,490,658 $4,917,892 $6,497,975
Total Equity $1,043,280 $2,203,141 $3,490,658 $4,917,892 $6,497,975
TOTAL LIABILITIES & EQUITY $1,250,334 $2,415,838 $3,709,279 $5,140,377 $6,633,875

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $1,043,280 $1,159,861 $1,287,516 $1,427,233 $1,580,083
Change in Working Capital ($140,705) ($15,459) ($16,925) ($11,445) ($19,596)
Plus Depreciation $9,400 $9,400 $9,400 $9,400 $9,400
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $911,974 $1,153,801 $1,279,991 $1,425,187 $1,569,887
CASH FLOW FROM INVESTMENTS
Fixed Assets ($47,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($47,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $93,000 $0 $0 $0 ($93,000)
Net Cash Flow from Financing $93,000 $0 $0 $0 ($93,000)
Net Cash Flow $957,974 $1,153,801 $1,279,991 $1,425,187 $1,476,887
Cash at Beginning of Period $0 $957,974 $2,111,776 $3,391,767 $4,816,955
$957,974 $2,111,776 $3,391,767 $4,816,955 $6,293,842

 

What Is a Community Garden Business Plan?

A community garden business plan is a document that outlines the strategies you have developed to start and/or grow your community garden business. Among other things, it details information about your industry, customers and competitors to help ensure your company is positioned properly to succeed. Your community garden business plan also assesses how much funding you will need to grow your business and proves, via your financial forecasts, why the business is viable.
 

Why You Need a Business Plan for your Community Garden Business

A business plan is required if you are seeking funding for your community garden business. Investors and lenders will review your plan to ensure it meets their criteria before providing you with capital. In addition, a community garden business plan helps you and your team stay focused. It documents the strategies you must follow and gives you financial projections you should strive to achieve and against which you can judge your performance.
 

Community Garden Business Plan Template PDF

Download our Community Garden Business Plan PDF to help guide you as you create your business plan for your own community garden business.
 

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