Business Plan for Earthen Cosmos Delight Ground Nut Farm

This business plan outlines the details of Earthen Cosmos Delight, a ground nut farm that produces organic foods, seeds, peanuts and other edible products. It covers their competitive advantage, target customers, marketing plan, management structure, and projected revenue. The plan also includes a SWOT analysis, income statement, balance sheet, and financing information.

Agricultural Finance FINA-6018
Business Plan
Developed by: Name of student

Agricultural Finance FINA-6018
Table of Contents
Introduction.................................................................................................................................................2
Name of the business...............................................................................................................................2
Description of the Business:....................................................................................................................2
Form of Business Ownership:......................................................................................................................2
Target Customer:.........................................................................................................................................2
Competitive Advantage:..............................................................................................................................2
Business Goals.............................................................................................................................................3
Short term Goal.......................................................................................................................................3
Business Goals – Long term.....................................................................................................................3
SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats.)..............................................................3
Marketing Plan:...........................................................................................................................................4
Management Structure:..............................................................................................................................4
Employees:..................................................................................................................................................5
Compensation.............................................................................................................................................5
IT Resources................................................................................................................................................5
Agricultural Equipment:...........................................................................................................................5
Agricultural Services:...............................................................................................................................5
Cost of Doing Business:...............................................................................................................................5
Projected Revenue......................................................................................................................................6
Income Statement...................................................................................................................................6
Balance Sheet of the Earthen Cosmos Delight............................................................................................7
Financing:....................................................................................................................................................9
References.................................................................................................................................................10
Introduction
With the increasing ramified economic changes, ground nut farm business is growing with the
drastic rate. It is observed that the output of the ground nut farm is highly based on the
technologies used and implemented strategic plans. In this document, a proper business plan of
the ground nut farm has been prepared to identify the potential of the business and possible
outcome which entrepreneur could take.

Agricultural Finance FINA-6018
Name of the business
The name of the business Earthen Cosmos delight which will be indulged in ground nut farm
which will produce all types of organic products or oilseeds.
Description of the Business:
The groundnut farm business will be indulged in cultivating the organic food and
harvesting all types of seeds which will be edible to clients. This business will be operated by
more than 50 members and will be started as private company in its initial business working.
Earthen Cosmos delight will exports all type of organic foods, seeds, peanuts and other edible
products on domestic and international level.
Form of Business Ownership:
This ground nut farm will be established as private company in the starting due to the
import and expert of seeds, raw material and finished goods. However, with the increasing
turnover, the nature of the business will be changed to public company.
Target Customer:
Earthen Cosmos delight will be indulged in production of all type of organic foods, seeds,
peanuts and other edible products. However, in order to sell these products, Earthen Cosmos
delight needs to target retailers and other organization. After that, they will be indulged in selling
its products to clients at large. In addition to this, Earthen Cosmos delight could also target direct
clients by setting retail chain but it will increase its overall cost of production. In the starting, the
main target customers will be retail sellers and brokers.
Competitive Advantage:
The main competitive advantage of Earthen Cosmos delight is based on its sowing and
harvesting program which is done by using the advance technologies imported from the Japan.
This Juki Computerized Sewing Machine HZL-F600 imported from japan will increase the
overall production level and quality of the seeds at large. The main competitor would be Mei
Heong Yuen who will be giving high completion to Earthen Cosmos delight

Agricultural Finance FINA-6018
Business Goals
Short term Goal
 The main business goal of Earthen Cosmos delight would be increase the production
level of organic foods, seeds, peanuts and other edible products and simultaneously
maintain the high quality in these produced ground nuts products
 Earthen Cosmos delight wants to cover at least 7% market share in Canada in the ground
nuts farm business.
 It wants to keep its business running at breakeven point.
Business Goals – Long term
 It wants to create core competency in the product differentiation and cost leadership style
in the agriculture industry.
 By using the advance technologies, it wants to lower down the cost of its ground nut
products for the better satisfaction of the clients at large.
 Setting strong brand image on domestic and international level.
SWOT Analysis (Strengths, Weaknesses, Opportunities,
Threats.)
Strength
Newly started business with the high inflow of
capital.
Use of advance technology, Juki Computerized
Sewing Machine HZL-F600 imported from
japan will increase the efficiency of the
business
Weakness
In the starting, It has to face high legal
compliance and license program which will
consume lot time of the promoters.
Earthen Cosmos delight will have to set up
strong corporate governance otherwise it will
result to high penalties.
Opportunity
In Canada, many organization indulged in
ground nut farming are charging high cost for
their products. Therefore, by keeping the price
of organic foods, seeds, peanuts and other
edible products, it could win over the market
(Goi, 2015).
Threats
The main threat would be from the companies
who have established strong brand image.
If Earthen Cosmos Delight fails to upgrade its
business with the advance technologies then it
may result to failure of business at large.

Agricultural Finance FINA-6018
Marketing Plan:
The main marketing plan of the Earthen Cosmos Delight will be using the loyalty
program approach in which all the newly registered members will be given high discounts and
offers. In addition to this, by using the search engine optimization program and cyber
communication technologies, it could directly connect with the retail stores. However, in the
starting, Earthen Cosmos Delight will sell all of its ground nut products to retail stores on credit
basis. This will attract high number of retail sellers in market.
Management Structure:
This above given chart reflects the management structure of the Earthen Cosmos Delight
Company. However, more than 20 employees will be indulged in manufacturing the ground nut
farms product (Johnston, and Bate, 2013.

Agricultural Finance FINA-6018
Employees:
In the starting, 20 employees will be hired in the value chain activities. 10 employees will be
indulged in cultivation process of the ground, 5 employees will be indulged in harvesting of the
ground nuts. In addition to this, 4 employees will be indulged in marketing of the business
(Mohd, Idris, and Momani, 2013).
Compensation
The compensation will be in terms of salary and business owners will be given 10% of the
overall turnover for the capital they invest in the business.
IT Resources
Earthen Cosmos Delight will use cyber computing system for the communication and use
advance harvesting technologies.
Agricultural Equipment:
There will be following equipment’s used such as Tractor "Belarus 3022" from Minsk Tractor
Works, Unimog with a flail hedge and verge trimmer implement used in agroforestry, A plough
in action in South Africa. Notice the soil being turned over and Trailed sprayer for orchards and
vineyards
Agricultural Services:
The main agriculture services which Earthen Cosmos Delight will use would be harvesting and
cultivation. It will be used to enhance the quality of the ground nut farms (Conway, 2013).
Cost of Doing Business:
Purchase or Rent – Buildings= $ 5000
Purchase or Rent-Land= $ 7000
Purchase or Rent – Equipment= $ 2000
Utilities= $ 1000
Salaries= $ 10000
Supplies= $ 9000

Agricultural Finance FINA-6018
Marketing and Promotion= $ 4000
Insurance= $ 3000
Projected Revenue:
The projected revenue in the starting year will be $ 1, 00,000 by selling organic foods, seeds,
peanuts and other edible products to its retail customers. However, the revenue will be on credit
basis. It might increase the overall cost of capital of business (Boshyk, 2016).
Income Statement
In the starting, company will have profit of $ 3000 from its business.
Company Name: Earthen Cosmos Delight)
INCOME STATEMENT (PROJECTED)
For the One Year Period Ended: (1st June to 30th May)
REVENUES
Livestock 0
Crops $ 1,00,000.00
TOTAL REVENUE $
1,00,000.00
Gross Profit 100000
EXPENSES
Advertising $ 4,000.00
Benefits
(employer
paid)
$ 3,000.00
Chemicals $15,000.00
Depreciation
expense
$ 5,000.00
Equipment
Lease
$ 2,000.00
Feeds $ 2,000.00
Fertilizer $ 5,000.00
Insurance $ 5,000.00
Interest $ -
Maintenance $15,000.00
Rent $ 1,000.00
Salaries $25,000.00
Supplies $ 5,000.00

Agricultural Finance FINA-6018
Travel
Utilities $ 5,000.00
Total
Operating
Expenses
$ 97,000.00 $ 5,000.00
NET PROFIT
$
3,000.00
Net Before
Income Tax
$ 3,000.00
Balance Sheet of the Earthen Cosmos Delight
Company Name: Earthen Cosmos Delight)
Balance Sheet (1st June- 30th May, 2018)
ASSETS
Current Assets
Cash $ 5,000.00
Accounts
Receivable
$1,00,000.00
Inventory/supplies $ 50,000.00
Prepaid Expenses $ 25,000.00
Other Current
Assets
$ 50,000.00
Total Current
Assets
$2,30,000.00
Fixed Assets
Land and
Buildings
$ 30,000.00
Fixtures $ 5,000.00
Equipment $ 15,000.00
Vehicles $ 15,000.00
Other Fixed
Assets
$ 30,000.00
Total Fixed
Assets.
$ 95,000.00
Total Assets $3,25,000.00

Agricultural Finance FINA-6018
LIABILITIES
Current Liabilities
Accounts Payable $ 50,000.00
Short-term Loans
Payable
$ 20,000.00
Taxes Payable $ 15,000.00
Other Current
Liabilities
$ 10,000.00
Total Current
Liabilities
$ 95,000.00
Long-Term
Liabilities
Mortgage Payable $ 10,000.00
Long-term Loans
Payable
$ 20,000.00
Other Long-term
Liabilities
$1,50,000.00
Total Long-term
Liabilities
$1,80,000.00
Total Liabilities $2,75,000.00
OWNERS' EQUITY
Capital
Investment
$ 50,000.00
Retained Earnings $ -
Total Equity $ 50,000.00

Agricultural Finance FINA-6018
Total Liabilities
and Equity
$3,25,000.00
Financing:
In the starting, Earthen Cosmos Delight will sell its products on credit basis. However, in the
starting, lease, finance and rental land and building will be used to set up new business. $ 50,000
will be included by the promoters to start up new Ground farm business (Fernandes, Ferreira,
and Moura, 2016).

Agricultural Finance FINA-6018
References
Boshyk, Y. ed., 2016. Business driven action learning: Global best practices. Springer.
Conway, J.B., 2013. A course in functional analysis (Vol. 96). Springer Science & Business
Media.
Fernandes, C., Ferreira, M. and Moura, F., 2016. PPPs—True Financial Costs and Hidden
Returns. Transport Reviews, 36(2), pp.207-227.
Finch, B. 2016. How to write a business plan. Kogan Page Publishers.
Goi, C.L., 2015. Marketing Mix: A review of'P'. The Journal of Internet Banking and
Commerce, 2005.
Johnston, R.E. and Bate, J.D., 2013. The power of strategy innovation: a new way of linking
creativity and strategic planning to discover great business opportunities. AMACOM Div
American Mgmt Assn.
Mohd, W., Idris, S. and Momani, R.A., 2013. Impact of environmental dynamism on marketing
strategy comprehensiveness and organizational performance. International Journal of Business
and Management, 8(9), p.40.