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Enter Farm Name Here. Enter Contact Information Enter Date. Problem/Need. CLEARLY DEFINE YOUR PROBLEM/NEED Example: “This loan of $300,000 is necessary to finance a milking parlor and 12 additional jersey cows. Solution.
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Enter Farm Name Here Enter Contact Information Enter Date
Problem/Need • CLEARLY DEFINE YOUR PROBLEM/NEED • Example: “This loan of $300,000 is necessary to finance a milking parlor and 12 additional jersey cows.
Solution • State what you believe is the solution from the problem stated in the previous slide • State briefly how this remedy will to help you reach your business objectives • Example: “This loan will allow the farm to increase revenues to a projected $XXX annually with net profits of $XX 6 months after the completed installation.
Rationale • Explain your 3-4 most important objectives & goals under each objective
Farm Management Team • Describe company ownership and management structure • Strengths & weaknesses • Discuss any gaps/problem in manpower or management
Constraints/Problems of your Dairy Business • List 3-4 of the most important barriers to change in order of importance • Example: “Because of the volatility of milk prices, there is potential for lower revenue and no profitability next year.”
Constraints/Problems of your Dairy Business • List 3-4 of the most important barriers to change in order of importance • Example: “Because of the volatility of milk prices, there is potential for lower revenue and no profitability next year.”
Long-Term Plan • Long-term strategy • Plans of expansion and growth • Future ownership/management
Thank You for Your Consideration. Enter Partners’ Names Enter Farm Name