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Farm Business Plan Template

Written by Dave Lavinsky

Farm Business Plan Template
Table of Contents
Table of Contents

Farm Business Plan

Below is our farm business plan template and sample plan created using what we consider the best free ai business plan generator.

 

I. Executive Summary

Company Overview

Located in the vibrant community of Lawton, OK, GreenFields Farm represents our commitment to bridging the gap in the market for high-quality, locally farmed products. Our mission is to nourish our community with fresh, sustainably produced farm products that echo our passion for premium quality and nutritional value. We offer a diverse range of products including fresh produce, dairy, superior meat and poultry, grains, and value-added products crafted from our harvest. Our strategic location allows us to maintain a close relationship with our customers, ensuring we meet their needs and preferences with the highest quality farm products available.

Success Factors

Our success at GreenFields Farm stems from meticulous planning, a deep-rooted passion for agriculture, and the extensive experience our founder brings to the table. These elements, coupled with our dedication to offering a wider range of farm products than our competitors, uniquely position us for success. Since our inception on January 3, 2024, we have achieved several milestones, including the establishment of a strong brand identity and securing a prime location for our operations. Our structure as an S Corporation supports our growth objectives, enabling us to focus on providing the community with the best farm products available.

Industry Analysis

The Farm industry in the United States, with a market size surpassing $400 billion, is a significant contributor to the economy, encompassing crop production, livestock farming, and agricultural services. Projected to grow at an annual rate of 3-4%, the industry is buoyed by increasing demand for organic and locally sourced products, alongside advancements in sustainable farming practices. GreenFields Farm is poised to capitalize on these trends, offering unique and interactive farm experiences that align with the growing consumer preference for sustainable agriculture and locally produced food, positioning us favorably within the competitive Farm industry landscape.

Customer Analysis

Our primary target customers include the residents of Lawton, OK, local restaurants and cafes, farmers’ markets, and grocery stores. These customers value fresh, organic produce and locally sourced food, aligning with our offering of high-quality, sustainable products. By focusing on health-conscious consumers and establishing partnerships with local businesses, GreenFields Farm aims to build strong community ties, enhance brand visibility, and support the local economy. Our dedication to eco-friendly practices and reducing our carbon footprint will attract customers who prioritize sustainability, positioning us as leaders in sustainable agriculture in the region.

Competitive Analysis

Our main competitors are Horn Canna Farm, Heritage Farm & Ranch, and Dark Water Ranch, each offering unique products and services. However, GreenFields Farm sets itself apart with superior quality meat and poultry, and a broader range of farm products than our competitors. Our commitment to sustainable farming practices not only ensures healthier, more flavorful products but also attracts discerning customers who value ethical food production. Our strategic location and extensive product range provide us with a significant competitive edge, making us a one-stop shop for fresh, local produce in Lawton, OK.

Marketing Plan

At GreenFields Farm, we offer a diverse range of competitively priced products, from fresh produce and dairy to meat, poultry, and grains. Our value-added products like jams, pickles, and sauces are crafted to cater to customer preferences. Our comprehensive online marketing strategy includes an engaging website, active social media presence, SEO, and targeted online ads to reach local audiences. Email marketing and collaborations with local influencers will further enhance our visibility. Additionally, participating in local farmers’ markets and community events will help us connect directly with potential customers, reinforcing our reputation as a trusted provider of fresh, quality farm products.

Operations Plan

GreenFields Farm’s operations encompass crop cultivation and harvesting, animal husbandry, inventory management, customer relations, sales and marketing, financial management, compliance and safety, and staff management. Our key milestones include securing necessary permits, establishing supply chain relationships, setting up farm infrastructure, hiring and training a skilled workforce, and launching the farm. We aim to build strong customer relationships through initial marketing efforts and engagement, implement quality control processes, achieve a monthly revenue of $15,000, expand distribution channels, and regularly evaluate and adjust our business strategy for optimal efficiency and profitability.

Management Team

Luke Cruz, our CEO, brings a wealth of experience and a proven track record from managing a successful agricultural enterprise, positioning him perfectly to lead GreenFields Farm towards sustainable growth. His deep understanding of farm operations and strategic vision, combined with hands-on experience, equips him to navigate the modern agricultural landscape, fostering innovation and sustainability at GreenFields Farm.

Financial Plan

To reach our growth goals, GreenFields Farm requires $388,000 in funding. This investment will cover capital investments such as location buildout, farming equipment, and furniture fixtures, as well as non-capital investments like working capital, initial rent, staff salaries for the first three months, marketing and advertising, initial supplies, and insurance. This funding will enable us to establish and grow GreenFields Farm, ensuring we can provide our community with the best farm products available.

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 $1,422,154 $1,539,951 $1,667,505 $1,805,625 $1,955,185
Direct Expenses $632,741 $664,976 $698,853 $734,457 $771,874
Gross Profit $789,412 $874,975 $968,651 $1,071,168 $1,183,311
Gross Profit (%) 55.5% 56.8% 58.1% 59.3% 60.5%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $692,327 $774,944 $865,586 $964,975 $1,073,897
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
Interest Expense $0 $0 $0 $0 $0
Income Tax Expense $0 $0 $0 $0 $0
Net Income $692,327 $774,944 $865,586 $964,975 $1,073,897

 

II. Company Overview

GreenFields Farm is a novel establishment aimed at serving the residents of Lawton, OK. As a local farm, we take pride in bridging the gap in the market for high-quality local farms. Our mission is to provide our community with fresh, premium-quality farm products that are not only nutritious but also sustainably produced, ensuring that our customers receive the best of what nature has to offer.

At GreenFields Farm, our product lineup is designed to cater to a wide range of needs and preferences. We offer a variety of fresh produce, harvested at the peak of ripeness to ensure the best flavor and nutritional value. Our dairy products are produced with care, ensuring that each item is as wholesome as it is delicious. For those who appreciate quality meat and poultry, we take great pride in our superior selection, which surpasses what our competition offers. Additionally, we cultivate grains and crops with meticulous attention to sustainable farming practices. We also offer a range of value-added products, crafted from our very own produce, ensuring that every item we sell is of the highest quality.

Located in the heart of Lawton, OK, GreenFields Farm is ideally positioned to serve our community with ease. Our strategic location allows us to maintain a close connection with our customers, ensuring that we remain attuned to their needs and preferences.

Our success at GreenFields Farm is no accident. It is the result of careful planning, a passion for agriculture, and our founder’s extensive experience in running a successful farm. This wealth of experience, combined with our commitment to selling better meat and poultry and offering a more extensive range of farm products than our competition, uniquely qualifies us to succeed in this industry.

Since our founding on January 3, 2024, GreenFields Farm has achieved several significant milestones. We’ve established our brand identity with a thoughtfully designed logo and a company name that reflects our commitment to quality and sustainability. Additionally, we have secured a prime location that serves as the perfect base for our operations. As a S Corporation, we are structured in a manner that supports our growth objectives, allowing us to focus on what we do best: providing our community with the best farm products available.

 

III. Industry Analysis

The Farm industry in the United States is a significant sector of the economy, with a market size of over $400 billion. This industry encompasses a wide range of activities, including crop production, livestock farming, and agricultural services. With a strong emphasis on innovation and technology, the Farm industry continues to grow and evolve, providing opportunities for new entrants like GreenFields Farm.

Market research projects a steady growth in the Farm industry in the coming years, with an expected annual growth rate of 3-4%. This growth is driven by increasing demand for organic and locally sourced products, as well as advancements in sustainable farming practices. As consumers become more conscious of where their food comes from, there is a growing trend towards supporting small-scale, environmentally friendly farms like GreenFields Farm.

Recent trends in the Farm industry, such as the rise of agritourism and farm-to-table dining experiences, bode well for GreenFields Farm’s success in Lawton, OK. By offering unique and interactive farm experiences, GreenFields Farm can capitalize on the growing interest in sustainable agriculture and local food production. As consumer preferences shift towards healthier and more transparent food options, GreenFields Farm is well-positioned to attract and retain customers in the competitive Farm industry.

 

IV. Customer Analysis

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

Target Customers

GreenFields Farm will target local residents in Lawton, OK, as they represent a significant portion of our customer base. These residents are expected to value fresh produce and locally sourced food for their households. Our focus will be on providing high-quality, organic products that appeal to health-conscious consumers in the area.

We will also target local restaurants and cafes that prioritize using fresh, locally grown ingredients in their menus. By establishing partnerships with these businesses, GreenFields Farm will ensure a steady demand for our produce and foster community ties. This collaboration will enhance our brand visibility and support Lawton’s local economy.

In addition to local residents and businesses, GreenFields Farm will reach out to farmers’ markets and grocery stores looking to offer diverse and sustainable options to their customers. These partnerships will allow us to expand our reach and introduce our products to a broader customer base. GreenFields Farm is committed to maintaining consistent quality and supply to meet the expectations of these retail partners.

GreenFields Farm will tailor its offerings to appeal to environmentally conscious consumers who prioritize sustainability in their purchasing decisions. By emphasizing our eco-friendly farming practices and commitment to reducing our carbon footprint, we will attract customers who share our values. This approach will not only build customer loyalty but also position us as a leader in sustainable agriculture within the region.

Customer Needs

GreenFields Farm addresses the need for high-quality meat and poultry among residents who prioritize freshness and sustainability. Customers seeking organic and ethically sourced food products find GreenFields to be a reliable option, as the farm emphasizes humane farming practices. This commitment not only satisfies ethical consumers but also enhances the flavor and nutritional value of the products.

Additionally, GreenFields Farm caters to the growing demand for locally produced food, which supports the local economy and reduces the carbon footprint associated with long-distance food transportation. Customers appreciate the transparency of knowing where their food comes from and the opportunity to engage directly with the producers. This direct connection builds trust and loyalty, fostering a sense of community around the farm.

GreenFields also fulfills the need for convenience by offering flexible purchasing options such as on-site farm stands, local farmers’ markets, and direct-to-consumer delivery services. This accessibility ensures that a variety of customers, from busy professionals to families, can easily access fresh farm products. Providing these options not only enhances customer satisfaction but also broadens the farm’s reach within the community.

Moreover, GreenFields Farm understands the importance of education and offers workshops and farm tours to inform customers about sustainable farming practices. By engaging with the community through educational initiatives, the farm creates a knowledgeable customer base that values sustainable agriculture. This aspect of the farm’s services fulfills the need for consumers to make informed decisions about their food sources.

 

V. Competitive Analysis

Direct Competitors

GreenFields Farm’s competitors include the following companies:

Horn Canna Farm

Horn Canna Farm is located in Carnegie, Oklahoma, and has been in operation for several decades. The farm specializes in growing and selling canna bulbs, which are known for their vibrant flowers and easy maintenance. Operating on a spacious farm, Horn Canna Farm has the capacity to supply both small and large orders, accommodating a wide range of customers.

Products and services offered by Horn Canna Farm include:

  • Canna bulbs – $5 to $20 per bulb, depending on variety
  • Bulk orders for landscapers and garden centers
  • Online sales with shipping options

Their target customers are home gardeners, landscapers, and garden centers seeking quality and diverse canna varieties. They serve customers nationwide through their online platform.

Horn Canna Farm’s primary strengths include their long-standing expertise in canna cultivation and strong customer service reputation. However, their focus on a single product category may limit diversification opportunities.

Heritage Farm & Ranch

Heritage Farm & Ranch is situated near Lawton, Oklahoma, and offers a variety of agricultural products. The farm encompasses several acres, allowing for the cultivation of diverse crops. They have an established presence in the local community and maintain a customer-friendly environment.

The range of products and services includes:

  • Locally-grown produce – prices vary by season and crop
  • Farm tours and educational programs
  • Community-supported agriculture (CSA) subscriptions

Heritage Farm & Ranch targets local families, schools, and community groups, with a focus on Lawton and surrounding areas. They prioritize engagement with nearby communities.

Their strengths lie in community involvement and diverse agricultural offerings. A potential weakness is their geographic focus, which might limit broader market reach.

Dark Water Ranch

Dark Water Ranch, located in Stuart, Oklahoma, is known for its goat farming and production of goat milk products. The farm has a moderate capacity and focuses on quality over quantity, ensuring high standards in their offerings.

Dark Water Ranch provides the following products and services:

  • Goat milk soap – $5 to $8 per bar
  • Goat cheese – available seasonally, prices vary
  • Farm tours and goat husbandry workshops

They cater to health-conscious consumers and those interested in natural, artisanal products. Their reach extends primarily within Oklahoma, with a focus on local markets.

Key strengths include the niche market of goat milk products and personalized customer experiences. However, their limited product range and regional focus could be seen as constraints.

Competitive Advantages

At GreenFields Farm, we pride ourselves on offering superior quality meat and poultry compared to our competition. Our commitment to sustainable and humane farming practices ensures that our products are not only healthier but also more flavorful. This dedication to quality sets us apart in the market and attracts discerning customers who value ethically produced food. By focusing on providing premium products, we create a loyal customer base that appreciates the taste and health benefits of our offerings.

In addition to our top-notch meat and poultry, we offer a wider variety of farm products than our competitors. This extensive product range allows us to meet diverse customer needs and preferences, making us a one-stop shop for fresh, local produce in the area. Our ability to supply a broad spectrum of farm goods, from fresh vegetables to artisanal dairy products, gives us a significant competitive edge. Furthermore, our strategic location in Lawton, OK, enables us to efficiently serve our community, fostering strong relationships with local consumers who value supporting nearby businesses.

VI. Marketing Plan

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

Products, Services & Pricing

GreenFields Farm offers a diverse range of products to meet the needs of its customers. Fresh produce is one of the standout offerings. The farm grows a variety of seasonal fruits and vegetables that are sold directly to consumers. Customers can expect to find everything from leafy greens and root vegetables to berries and melons. The average price for fresh produce is competitive, with items generally ranging from $2 to $5 per pound, depending on the type and seasonality of the produce.

Dairy products are another key area for GreenFields Farm. They provide milk, cheese, and yogurt, all sourced from their livestock. The focus on quality and freshness means that customers can enjoy products that have not traveled long distances. Milk is typically priced at $4 per gallon, while artisanal cheeses range from $6 to $12 per block. Yogurt, available in various flavors, is priced around $3 per cup.

The farm also specializes in meat and poultry, offering a selection of beef, pork, chicken, and turkey products. These are raised sustainably and processed with care to ensure premium quality. Meat products are available as whole cuts or ground, with prices for beef and pork cuts averaging $8 to $15 per pound, and chicken and turkey products ranging from $5 to $10 per pound.

In addition to fresh produce and animal products, GreenFields Farm grows staple grains and crops. These include wheat, corn, and oats, which are sold in bulk or packaged for convenience. Bulk grains can be purchased at approximately $1 per pound, while packaged options, such as flour or meal, are priced between $2 and $5 per package.

The farm also offers value-added products that extend their product line and cater to customer preferences. These include items like jams, pickles, and sauces, crafted using farm-grown ingredients. These specialty products are popular for their unique flavors and are priced between $5 and $15, depending on the product size and complexity.

Promotions Plan

GreenFields Farm plans to use a comprehensive online marketing strategy to engage with our community and attract customers. We will create an engaging website that showcases our farm’s offerings, highlighting the freshness and quality of our produce. Through social media platforms like Facebook and Instagram, GreenFields Farm will connect with potential customers, sharing updates about our produce, farming practices, and any upcoming events or promotions.

To further enhance our online presence, GreenFields Farm will implement search engine optimization (SEO) techniques to ensure that our website appears prominently in search results when customers look for fresh farm produce in Lawton, OK. Additionally, we will use targeted online advertisements to reach local audiences who are interested in organic and sustainably grown produce, thus increasing visibility and attracting more visitors to our farm.

Email marketing will play a key role in our promotional strategy. GreenFields Farm will build a mailing list to keep customers informed about new products, special offers, and seasonal events. This personalized approach helps maintain customer engagement and encourages repeat visits to our farm. We will also collaborate with local influencers and bloggers who share our values, further expanding our reach and credibility in the community.

GreenFields Farm will not only focus on online marketing but also engage in direct marketing methods such as attending local farmers’ markets and community events. Here, we will offer samples of our produce and distribute flyers, creating a direct connection with our potential customers. By maintaining a visible and approachable presence in the community, GreenFields Farm will solidify our reputation as a trusted provider of fresh, quality farm products.

 

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 GreenFields Farm, there are several key day-to-day operational processes that we will perform:

  • Crop Cultivation and Harvesting:
    • Implement crop rotation schedules to maintain soil health.
    • Monitor crop growth and adjust inputs such as water and fertilizers.
    • Harvest crops at optimal times to ensure quality and freshness.
  • Animal Husbandry:
    • Feed and care for livestock, ensuring they receive proper nutrition.
    • Maintain clean and safe living conditions for all animals.
    • Monitor animal health and administer veterinary care as needed.
  • Inventory Management:
    • Track inventory levels of seeds, feed, fertilizers, and other supplies.
    • Order necessary supplies in a timely manner to prevent shortages.
    • Manage storage facilities to ensure products remain fresh and undamaged.
  • Customer Relations:
    • Engage with customers to understand their needs and preferences.
    • Provide exceptional customer service both in-person and online.
    • Communicate product availability and farm updates through newsletters and social media.
  • Sales and Marketing:
    • Develop and implement marketing strategies to reach local consumers.
    • Participate in local farmers’ markets and community events.
    • Maintain an online presence through a website and social media platforms.
  • Financial Management:
    • Track daily sales and expenses to maintain financial health.
    • Prepare and review budgets regularly to plan for future growth.
    • Seek funding opportunities and manage loans effectively.
  • Compliance and Safety:
    • Adhere to local and federal agricultural regulations and standards.
    • Implement safety protocols for staff and visitors on the farm.
    • Maintain records of compliance efforts and inspections.
  • Staff Management:
    • Hire and train staff to perform various farm duties efficiently.
    • Schedule and manage daily work assignments for all employees.
    • Foster a positive work environment with clear communication channels.

Milestones

GreenFields Farm expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure Necessary Permits and Licenses: Obtain all agricultural, environmental, and business operation permits required to legally operate the farm in Lawton, OK.
  • Establish Supply Chain Relationships: Develop reliable relationships with seed and equipment suppliers to ensure consistent and quality inputs for farm production.
  • Set Up Farm Infrastructure: Complete the construction and setup of essential farm infrastructure, including irrigation systems, storage facilities, and greenhouses if applicable.
  • Recruit and Train Workforce: Hire skilled and experienced staff for various roles on the farm and provide necessary training to ensure efficient farm operations.
  • Launch the Farm: Officially open the farm for operations and begin production, ensuring all systems and processes are in place for smooth functioning.
  • Build Customer Relationships: Establish a strong customer base through initial marketing efforts and engagement with local markets, restaurants, and distributors.
  • Implement Quality Control Processes: Develop and implement strict quality control measures to ensure the farm’s produce meets high standards and customer expectations.
  • Achieve $15,000/Month in Revenue: Reach consistent monthly sales of $15,000, demonstrating the farm’s ability to generate sustainable income and support operational costs.
  • Expand Distribution Channels: Diversify sales channels by entering into new markets or increasing presence in existing ones, such as online sales or collaborations with local businesses.
  • Evaluate and Adjust Business Strategy: Conduct regular reviews of business performance and make necessary adjustments to strategies and operations to optimize efficiency and profitability.

 

VIII. Management Team

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

Management Team Members

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

Luke Cruz, CEO

Luke Cruz brings a wealth of experience and a proven track record of success to his role as CEO of GreenFields Farm. Having previously managed a successful agricultural enterprise, Luke has demonstrated his ability to drive growth and efficiency within the farming sector. His deep understanding of farm operations, coupled with his strategic vision, positions him well to lead GreenFields Farm toward sustainable and profitable growth. Luke’s hands-on experience in farm management ensures that he is well-equipped to navigate the challenges of the modern agricultural landscape while fostering innovation and sustainability at GreenFields Farm.

 

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 $1,422,154 $1,539,951 $1,667,505 $1,805,625 $1,955,185
Direct Expenses $632,741 $664,976 $698,853 $734,457 $771,874
Gross Profit $789,412 $874,975 $968,651 $1,071,168 $1,183,311
Gross Profit (%) 55.5% 56.8% 58.1% 59.3% 60.5%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $692,327 $774,944 $865,586 $964,975 $1,073,897
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
Interest Expense $0 $0 $0 $0 $0
Income Tax Expense $0 $0 $0 $0 $0
Net Income $692,327 $774,944 $865,586 $964,975 $1,073,897

Funding Requirements/Use of Funds

To accomplish our growth goals, GreenFields Farm needs $388,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $80,000
Furniture Fixtures $20,000
Farming Equipment Machinery $150,000
Computers Office Equipment $15,000
Non Capital Investments
Working Capital $40,000
Initial Rent Lease $10,000
Staff Salaries First 3 Months $30,000
Initial Marketing Advertising $25,000
Initial Supplies $10,000
Insurance $8,000

Financial Projections

financial projection farm business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $1,422,154 $1,539,951 $1,667,505 $1,805,625 $1,955,185
Total Revenues $1,422,154 $1,539,951 $1,667,505 $1,805,625 $1,955,185
Direct Costs
Direct Costs $632,741 $664,976 $698,853 $734,457 $771,874
Total Direct Costs $632,741 $664,976 $698,853 $734,457 $771,874
GROSS PROFIT $789,412 $874,975 $968,651 $1,071,168 $1,183,311
GROSS PROFIT % 55.5% 56.8% 58.1% 59.3% 60.5%
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 $692,327 $774,944 $865,586 $964,975 $1,073,897
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
EBIT $692,327 $774,944 $865,586 $964,975 $1,073,897
Interest Expense $0 $0 $0 $0 $0
PRETAX INCOME $692,327 $774,944 $865,586 $964,975 $1,073,897
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $692,327 $774,944 $865,586 $964,975 $1,073,897
Income Tax Expense $0 $0 $0 $0 $0
NET INCOME $692,327 $774,944 $865,586 $964,975 $1,073,897
Net Profit Margin (%) 48.7% 50.3% 51.9% 53.4% 54.9%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $815,327 $1,590,271 $2,455,857 $3,420,833 $4,494,730
Other Current Assets $0 $0 $0 $0 $0
Total Current Assets $815,327 $1,590,271 $2,455,857 $3,420,833 $4,494,730
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $265,000 $265,000 $265,000 $265,000 $265,000
Accum Depreciation $0 $0 $0 $0 $0
Net fixed assets $265,000 $265,000 $265,000 $265,000 $265,000
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,080,327 $1,855,271 $2,720,857 $3,685,833 $4,759,730
LIABILITIES & EQUITY
Current Liabilities $0 $0 $0 $0 $0
Debt outstanding $388,000 $388,000 $388,000 $388,000 $388,000
Total Liabilities $388,000 $388,000 $388,000 $388,000 $388,000
Share Capital $0 $0 $0 $0 $0
Retained earnings $692,327 $1,467,271 $2,332,857 $3,297,833 $4,371,730
Total Equity $692,327 $1,467,271 $2,332,857 $3,297,833 $4,371,730
TOTAL LIABILITIES & EQUITY $1,080,327 $1,855,271 $2,720,857 $3,685,833 $4,759,730

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $692,327 $774,944 $865,586 $964,975 $1,073,897
Change in Working Capital $0 $0 $0 $0 $0
Plus Depreciation $0 $0 $0 $0 $0
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $692,327 $774,944 $865,586 $964,975 $1,073,897
CASH FLOW FROM INVESTMENTS
Fixed Assets ($265,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($265,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $388,000 $0 $0 $0 $0
Net Cash Flow from Financing $388,000 $0 $0 $0 $0
Net Cash Flow $815,327 $774,944 $865,586 $964,975 $1,073,897
Cash at Beginning of Period $0 $815,327 $1,590,271 $2,455,857 $3,420,833
$815,327 $1,590,271 $2,455,857 $3,420,833 $4,494,730

 

Dave Lavinsky
Over the past 25 years, Dave Lavinsky, Founder of PlanPros has helped over 1 million entrepreneurs develop business plans.
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