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Executive Summary Introduction FynbosFarm will be a project built around a highly successful businessman and the development and training of skilled and semi-skilled staff in the hydroponics and instant turf market.
The project aim is to carry out intensive and high turnover production, off a small area, while providing work and leadership experience for local women. The company is a combination of cutting edge, high quality, efficient food technology and production. It is committed to the improvement of taste in vegetables and excellent quality and nutritional value.
The company will provide education, experience and research in the hydroponic field. It has the experience and extensive knowledge of well-known grower Mike Shelly as a consultant. This project will be KZN-based, and will supply vegetables for the national and international markets, and instant turf for the local market.
Products The 4 main crops to be grown will be instant turf, long life tomatoes, cucumbers, and coloured peppers. Financial considerations The company is seeking both short-term and long-term funding to finance the purchase of a new farm and development costs of the project.
This will cover startup expenses and first year loses. It is estimated that the company will begin to make a profit in year 2 of operations. The project is expected to begin production within 8 months from start of the first tunnel being erected.
The women working on the farm will be organized into intensive work groups, and each group will be paid incentives on production and performances, in addition to the standard wages. Experience in the vegetable industry goes back to Company Summary FynbosFarm will be a partnership of successful businessmen developing a small farm into a highly productive hydroponics and instant turf project.
Agriculture Business Plan Sample Hydroponics is the growing of high-quality vegetables in high-tech, multi-span greenhouses. The produce is grown in 15L bags with a medium used to support the root system. The plants are automatically fed nutrients through irrigation systems.
The plants are grown in the best suitable growing conditions, which allows each plant to produce the maximum fruit possible. Instant turf will be grown out in open field production. The turf will be irrigated via overhead spray units, using the run-off fertilizer from the multispan tunnels.
This fertilizer is highly effective and will provide all the requirements the instant turf will require. The turf will be cut and sold by the square meter, and is harvested with a sod cutter. The company will concentrate on the production of tomatoes, peppers and cucumbers in the tunnels, and in time will pursue more selective vegetables and the fresh cut flower market.
Facilities Six large greenhouses enclosing the vegetable area irrigation, fertilization, temperature control and water treatment devices outdoor production of instant lawn pack houses and washbay facilities business office building An additional portion of the operation will be the growing of instant lawn.
Local landscape operations have trouble with meeting the demands of instant turf supply, and the company has recognised the need in the market.
The largest portion of the start-up requirements is for purchase of the site and construction of the necessary buildings and infrastructure, including well-digging.
These are listed below as long-term assets. The start-up period is five months long, and includes construction and one and a half months for growing the first crops, to be sold beginning in July. Products Hydroponics is the production of vegetables in state-of-the-art, temperature-controlled, multi-span tunnels.
The structures being used are richelle multi-spans, which come complete with computer temperature sensors, automatic opening and closing vents, automatic misting units and temperature controlled fans.
The advantages of growing in high-tech tunnels are: The farm will have the capacity sufficient to produce in excess of 2 kg of vegetables per year. The company will sell between 20 — 25ha per annum. Research and development The company will seek contact with local and international companies in order to learn about and acquire new hybrids of vegetables that are hardier and grow faster in our local climate.
These and other available species and systems will be constantly tracked. In addition to the above, the company will seek contacts at universities and researchers that are involved in greens, and will continue the quest for the best flavoured, large, and firm vegetable throughout the year.
Future product plans In the future the company would like to explore the possibility of flower production. FynbosFarm believes this to be a high revenue venture, which, if successful, could become our number one endeavour.
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