At Jake Tyson® Castor Bean Farms, Inc., we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers). Going forward, the Castor Bean / Castor Oil Plant industry is projected to show stronger signs of growth, especially as larger industry players continue to acquire smaller castor bean (castor oil plant) farms while boosting their overall scale of production. The business plan above has used the business name “Grant Botanical Agriculture farm”. Do you want to start a castor farm and need to write a plan? Our vision is to become one of the leading commercial castor beans (castor oil plant) farms and castor oil extracting, processing and packing brand not just in the United States of America but also on the global stage. What is a Third Party Liability Insurance for Skydiving? Jake Tyson® Castor Bean Farms, Inc. is a world class and registered commercial castor bean (castor oil plant) farm that will be based in the outskirt of Pawtucket, Rhode Island – united states. Below is a sample commercial framing business plan that you can find really useful to draft yours. If YES, here is a sample castor farming business plan template & FREE feasibility report. 2. This is a sample business plan that I have put together which can be adapted to suit most smallholding and farming enterprises that are start ups. Is There a Weight Limit for Indoor Skydiving? The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. Take advantage of this opportunity to network and learn with fellow castor farmers in the group and a sure link to realible Castor seed off taker. In essence a castor bean (castor oil plant) farmer should be able to sell his or her farm produce to as many people as possible including production companies that make use of castor oil as raw materials. Owning a coffee farm is no easy task. No doubt, starting a castor bean farming business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture. Jake Tyson® Castor Bean Farms, Inc.  is fully aware that there are competitions when it comes to selling commercial farm produce including castor beans (castor oil plants) all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world. It can improve your chances of receiving government grants or loans, help you manage your business through hard times, and identify additional forms of revenue like tourism or consulting. Ground seed cakes are used as fertilizers (castor oil pomace) Varieties . Castor Cultivation Information Guide. So it’s important to prepare as much as you can. Little wonder that the market for castor oil have continued to be on the increase. Although the opportunity in castor farming business is huge, without your business plan, you may not succeed. Castor Business Plan - En - Free download as PDF File (.pdf), Text File (.txt) or view presentation slides online. Castor oil can be used as an irritant / simulative laxative. Soil Requirement for Castor Cultivation:- Generally, Castor is cultivated in lands which are not suitable for commercial farming. Sustainability and Expansion Strategy, Leading producing areas are India (with over three-quarters of the global yield), China and Mozambique, and it is widely grown as a crop in Ethiopia, Encourage the use of Word of mouth marketing. Jake Tyson® Castor Bean Farms, Inc. is well positioned to become one of the leading castor beans (castor oil plant) farms in the United States of America, which is why we have been able to source for the best hands and farm machineries to run the farm with. We have been able to critically examine the castor bean (castor oil plant) farm market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. This is because of the importance of starting off well-armed with the basic information that is needed to thrive in this trade. This is so because castor oil is used all over the globe for different purposes. The industry is highly fragmented; no single castor bean (castor oil plant) farmer / farm holds a lion share of the available market share in the industry., it is not enough to allow the company to dominate the industry. Despite the fact that castor beans (castor oil plants) farm has been in existence since time immemorial, which does not in any way make the industry to be over saturated; castor bean (castor oil plant) farmers are exploring new technology to continue to improve the cultivation processes and also castor oil extraction and processing processes; mechanized farming has indeed increased the tons of olives produced by farmers. In essence we are not going to rely only on the sale of our farm produce to generate income for the business. We will ensure that we position our business to attract consumers of castor oils not just in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw form or processed form to other countries of the world. The seeds from the Ricinus communis Plant contain in excess of 45% oil. Castor oil is a natural emollient and a few drops may also be used to remedy dry skin, as a massage oil, and may benefit hair as a treatment. Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al. Whether you need a good get-started guide, have a plan that you would like to verify, or have a plan you’re looking to We are in the castor bean (castor oil plant) farm business because we want to leverage on the vast opportunities available in the commercial farming industry, to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agriculture produce from the United States to other countries and over and above to make profit. In view of the above, Jake Tyson® Castor Bean Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions; Castor Bean (Castor Oil Plant) Cultivation Manager/Supervisor, Castor Oil Processing and Packaging Manager/Supervisor, Client Service Executive/Front Desk Officer. As a matter of fact, castor oil is gaining more ground as part of the materials used in the production of perfumes, cosmetics, soaps and other products, for flavoring food and drink, and for adding scents to incense and household cleaning products amongst others. Jake Tyson® Castor Bean Farms, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. This is a vital plan of action a business creates to penetrate the market and also to maximize profits in the business. Castor bean (castor oil plant) farmers are typically niche farmers, operating on small farm land with no more than a few hundred trees. The health and vitamin industry is growing at a very quick pace. Castor can come up well in soils that are not that fertile and soils having less annual rainfall. We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (castor beans (castor oil plants) and even processed and packaged castor oil) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. We will also ensure that we operate a standard castor oil extraction, processing and packaging plant as part of our complimentary business. Customers want to have natural and plant alternatives to medication. Business Name Availability Check: Completed, Opening of Corporate Bank Accounts various banks in the United States: Completed, Opening Online Payment Platforms: Completed, Application and Obtaining Tax Payer’s ID: In Progress, Application for business license and permit: Completed, Purchase of All form of Insurance for the Business: Completed, Leasing of farm land in Pawtucket – Rhode Island and preparing the farm land: Completed, Conducting Feasibility Studies: Completed, Drafting of Employee’s Handbook: Completed, Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed, Building /construction of cages and fence et al: In Progress, Purchase of the needed working tools, machines and equipment: Completed, Creating Official Website for the Company: In Progress, Creating Awareness for the business (Business PR): In Progress, Farm land Treatment, Health and Safety Arrangement: In Progress, Establishing business relationship with vendors and key players in the industry (production companies that rely on supply of castor beans (castor oil plants) and castor oil as raw materials and castor oil processing plants, agriculture farm produce merchants, fertilizer suppliers and transporter / haulage companies et al): Completed. Responsible for developing and managing financial systems and policies, Ensuring compliance with taxation legislation, Handles all financial transactions for the farm, Responsible for managing the castor bean (castor oil plant) cultivation section of the farm, Supervises other workers within the department, Work closely with the General Manager to achieve the organizations’ goals and objectives, Responsible for managing the castor oil extraction, processing and packaging section of the commercial farm, Identify, prioritize, and reach out to new partners, and business opportunities et al, Identifies development opportunities; follows up on development leads and contacts, Writing winning proposal documents, negotiate fees and rates in line with company policy, Responsible for handling business research, marker surveys and feasibility studies for clients, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Develop, execute and evaluate new plans for expanding increase sales, Document all customer contact and information, Represent the company in strategic meetings, Help increase sales and growth for the farm, Responsible for preparing farm lands for castor bean (castor oil plant) cultivation, Assist in the extraction, processing and packaging of castor oil, Weeding or fertilizer and / or pest control application, Handles farm implements and machines as instructed by the section manager / supervisor, Assist in handling the harvest of castor beans (castor oil plants), Carries out task in line with the stated job description, Assist in transport working tools and equipment from the farm and back to the designated store room, Handles any other duties as assigned by the line manager. ... Linne Co.’s Castor Seeds Farming Team. ... Can u advise on Inter-cropping maize and castor…and also which do u think is more profitable,maize or cassava farming please.I will also like to chat u on whatsapp pls….08137575773. Castor Oil Production Business Plan. Account details: Alaegbu Michael, Account Number: 0241203999. The bottom line is that if you have enough farming land (space) and you are interested in maximizing commercial castor bean (castor oil plant) farming, you are sure going to make huge profits from the business. Botanical Bounty Executive Summary Opportunity Problem. We want our well – packaged castor oil to flood every nooks and crannies of the United States and other countries of the world. Complete Biz Plan. TDB: Can you gives us an idea of the margins involved in the castor oil-trade – from the farm … Castor bean farming is done in dry regions under irrigation or through rainfall. The farm cum business will be fully and single handedly financed by Jake Tyson and his immediate family members. Castor seeds can be grown on a wide range of soils which are fairly deep and well drained. In 2012, Soweto-born Thabang Mabapa was helping to clean up a local community church when … If YES, this article gives a sample of a castor farming business plan template & FREE feasibility report. Start my business plan. Below are the projections that we were able to come up with for the first three years of running Jake Tyson® Castor Bean Farms, Inc.; N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics or flood), and unfavorable government policies. Castor seed is the source of castor oil, which has a wide variety of uses. Contracts were offered to growers, and limited production developed in the Imperial and San Joaquin Valleys (Zimmerman 1958). Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business. We will ensure that we maximize the opportunities available to commercial castor bean (castor oil plant) farmers. Over and above, if you want to get the right pricing for your farm produce, then you should ensure that you choose a good location for your commercial farm, choose a good breed / seeds that will guarantee bountiful harvest, cut the cost of running your farm to the barest minimum and of course try as much as possible to attract buyers to your farm as against taking your farm produce to the market to source for buyers; with this, you would have successfully eliminate the cost of transporting your harvest to the market and other logistics. When it comes to calculating the cost of starting a castor bean (castor oil plant) farm with castor oil processing plant, there are some key factors that should serve as a guide. The payment policy adopted by Jake Tyson® Castor Bean Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. Nothing is more critical to a new farm business than a good farm business plan. Lastly, with commercial castor bean (castor oil plant) farming business, it will pay you not to only cultivate castor bean (castor oil plant) and sell them to production companies who need castor bean (castor oil plant) as raw materials. Weoffer to prepare and formulate Castor farming business plan covering theAgronomy, Horticulture, Biology, Engineering, Marketing and Financial aspectsof Castor commercialization. The produce meat/eggsare in high demand and attract premium rate in meat shops and open market. Here are the payment options that Jake Tyson® Castor Bean Farms, Inc. will make available to her clients; In view of the above, we have chosen banking platforms that will enable our client make payment for the purchase of castor beans (castor oil plants) and castor oil without any stress on their part. A Sample Commercial Farming Business Plan Template Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. Castor bean farming is known to be a profitable business and over the years, it has evolved from small scale to a global industry in most countries where it’s carried out. Rainfall: 500-600 annually. Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA. The aim of this or any business plan is to convey to the reader all of the relevant information about the business in a simple form. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Jake Tyson® Castor Bean Farms, Inc.; Our strength as an castor bean (castor oil plant) farm is the fact that we have healthy relationships with loads of major players (agriculture merchants who deal in castor beans (castor oil plants) and other production companies that make use of castor oil as raw material) in the commercial farms industry; both suppliers and buyers within and outside of the United States. Responsible for financial forecasting and risks analysis. The seeds contain between 40 percent and 60 percent oil that is rich in triglycerides, mainly ricinolein. Payment via Point of Sale Machines (POS Machines). Ecological requirements. Generating Funds/Startup Capital for Jake Tyson® Castor Bean Farms, Inc. Jake Tyson® Castor Bean Farms, Inc. is a family business that will be owned and managed by Thomas Carnegie and his immediate family members. Thabang Mabapa (25) recently won R100,000 ($7,900) in funding from the Old Mutual Foundation to expand his castor oil and biodiesel business. The seed also contains ricin, a water-soluble toxin, which is also present in lower concentrations throughout the plant.
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