Preparing a Business Plan - Bee Keeper Example - Agricultural ...

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<strong>Example</strong> Projected Statement of Assets, Liabilities and Equity 1995 1996 1997 1998 1999 Assets Cash (14,086) ( 1,846) 22,088 53,036 97,3 11 Education Fund 3,000 6,000 10,500 15,000 Retirement Savings 858 1,855 2,906 Inventory - Honey 14,393 14,700 14,850 15,435 15,840 Inventory - Supplies 3,100 3,100 3,100 3,100 3,100 Equipment 173,180 168,817 164,305 163,350 154,615 Total Assets 176,588 187,772 211,202 247,276 288,771 Loans Payable 51,009 Liabilities 39,800 32,347 29,623 26,599 Equity Opening Balance 112,442 125,577 147,972 178,855 217,653 Contributions 24,990 28,490 29,000 31,020 31,550 Drawings (2 1,000) (21,400) (22,200) (24,200) (24,800) Income for Year 9,145 15,304 24,084 31,979 37,769 Closing Equity 125,577 147,972 178,855 217,653 262,172 Total Liabilities and Equity 176,586 187,772 211,202 247,276 288,771 35
36 The business plan gives you a standard against which to compare your actual results with your planned results. Regular review of your plan, comparing it to the results shown in your actual records, will allow you to identify problems and make adjustments quickly. Some of the targets you set in your plan may warrant a more constant vigil. For these key targets, you might want to set up a tracking method that will show your progress on a timely basis. Your key targets, which might be average price per pound, winter survival populations or pounds of honey sold per month, are those that will * show your progress + give you early warning signs of future problems * be important to achieving your goals Measuring tools that give a graphic reference point are very useful. They will make tracking progress easier. Consider using * a thermometer to draw in the progress you are making * charts and graphs to show growth * pie charts to measure changing percentages.
Page 1 and 2: 6EE K E E P E R EXAMPLE Preparing a
Page 3 and 4: AC We would like to thank the follo
Page 5 and 6: Managing an agricultural business i
Page 7 and 8: Planning is a vital part of your su
Page 9 and 10: The Right look Your business plan w
Page 11 and 12: Title Page 6 The Title Page helps y
Page 13 and 14: Contents 8 The Table of Contents ou
Page 15 and 16: Business Profile and Summary 10 The
Page 17 and 18: g Organization 12 Under Business Or
Page 19 and 20: 14 Your Goals will tell the reader
Page 21 and 22: 16 To prepare the Marketing Plan, y
Page 23 and 24: Marketing Plan 18 Product The main
Page 25 and 26: 20 The Production Plan is concerned
Page 27 and 28: 22 Production History The productio
Page 29 and 30: Management & Labour Plan 24 The Man
Page 31 and 32: 1 Management& 1 Labour Plan . 26 Jo
Page 33 and 34: 28 The Financial Plan is the acid t
Page 35 and 36: 30 Projected Income Statement The P
Page 37 and 38: 32 Cash Flow Forecast The Cash Flow
Page 39: 34 Projected Statement of Assets, L
Page 43 and 44: 38 Do you want to supply more detai
Page 45 and 46: 40 BUSINESS PLAN 19 - 19 to Operate
Page 47 and 48: Marketing Plan Production Plan Mana
Page 49 and 50: Mission I Goal Strategy I Tactics T
Page 51 and 52: 46 Product Projected Prices Place P
Page 53 and 54: 48 Production History Production Sc
Page 55 and 56: Job Allocations Name Functions Trai
Page 57 and 58: Income Total Income Expenses Total
Page 59 and 60: Total Assets Total Liabilities Open
Page 61 and 62: GLOSSARY OF BUSINESS TERMS 56 Accru
Page 63 and 64: GLOSSARY OF BUSINESS 58 Expense: A
Page 65: Preparing a Business Plan Comment F

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