A Sample Goat Farming Business Plan Template

A sample goat farming business plan template

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A Sample Goat Farming Business Plan Template
Are you about starting a goat farming business? If YES, here is a complete sample goat
farming business plan template & feasibility study you can use for FREE

Okay, so we have considered all the requirements for starting a goat farming business. We also
took it further by analyzing and drafting a sample goat farming marketing plan template backed up
by actionable guerrilla marketing ideas for goat farming businesses. So let’s proceed to the
business planning section

Why Start a Goat Farming Business?
If you are looking to start a goat farm, then you may want to consider it because of the following
reasons. Are you considering going into goat farming business? You really should because of the
following facts;
Goat meat is in high demand. People love goat meat especially in Africa. So, you won’t have a
hard time selling your goats. Goats also have other uses apart from consumption of the meat. The
skin of goats is a very good source of leather which can be used to make bags, shoes and other
leather materials. Goat milk is also very nutritious and good for consumption. It is also used in the
cosmetic industry to make body creams. Goat offal is also used in the pharmaceutical industry

Goats are cheaper and easier to feed, making you spend very little on feeding them. Goats can
feed on grass and other cheap food items. You could also manage them quite easily as they
require very minimal supervision. Goat droppings are also a very good source of manure for
people interested in buying organic manure

Lastly, you can raise goats on very little capital compared to chicken or poultry farming. Goat
farming is very easy and also very profitable but it is important to get enough information before
you delve into this business to avoid mistakes and losses. This is a very quick guide on how to
start goat farming

A Sample Goat Farming Business Plan Template
Business Overview
The agricultural industry of which livestock farming or better still goat farming is a subset of is no
doubt among the leading industry in most countries of the world; it is the industry that produces
food for the populace and raw materials for industries. Because of the significant role the
agriculture sector plays, the government of most countries ensures that they go all the way to
subsidize seedlings, fertilizers, and farming implements and machinery for farmers and also
encourage entrepreneurs to go into various kind of farming including goat farming

There are several business opportunities available in the agricultural industry and one good thing
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about the industry is that there is market for all the produce from the industry. Goat farming is of
course a thriving and profitable business because usefulness of goat meat and other by products
from goats

People eat goat meat, drink their milk, and use their fur and skin. With goat milk, cheese can be
made, along with other dairy products. Some farmers use goats for weeding farmland. Other
times, the goats are used to keep grasses and other plants from getting too tall. The diet of the
domestic goat includes eating grass, leaves, shrubs, root vegetables, and other kinds of plants

Goats come in different breeds with each breed having its own unique specifications and uses

Some goat breeds known as ‘dairy goats’ are raised mainly for the milk that they produce while
some other breeds can grow very big and fat, hence, they are raised for meat purposes. You must
first decide on why you want to raise goats and then select a breed that is most suitable for that
purpose. You could also raise both dairy goats and regular goats if you can afford to feed and care
for them

The livestock production industry includes companies that mainly provide support services for
raising livestock. Livestock is a term used to describe domestic animals, such as cattle, goats,
hogs, horses, poultry and sheep, which have been domestically raised for meat, milk, wool and
work. Other services in the livestock production industry include breeding services, pedigree
record services and vaccination et al

The Livestock Farming (Goat Farming) industry is indeed a large industry and pretty much active
in countries such as United States of America, Israel, Egypt, China, Germany, Turkey and Nigeria
et al. There is no single livestock farming company that has dominate market share in the industry
hence smaller goat farming business can successfully make profits

Statistics has it that in the United States of America alone, there are about 51,712 registered and
licensed livestock farming business responsible for employing about 67,814 and the industry rakes
in a whooping sum of $5 billion annually. The industry is projected to enjoy 1.4 percent annual
growth

If you are looking towards leveraging on the agriculture industry to generate huge income, then
one of your best bet is to start goat farming business. Goat farming business is all about mass –
breeding of goats for the sole aim of making profits. In most cases it is referred to as livestock
farming business

One thing is certain about goat farming business, if you are able to conduct your market research
and feasibility studies, you are more likely not going to struggle to sell your goats because there
are loads of people out there we eat goat meat, drink goat milk and industries that make use of
byproducts from goats in manufacturing their products

Over and above there are few barriers to entry into the livestock production industry. Usually, all
inputs are readily available. In the nearest future, players in this industry may face the highest
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costs associated with accessing technology, especially in relation to genetic modification
engineering in livestock breeding

So also, intellectual property rights protecting new inventions and technology may mean that new
entrepreneurs coming into the industry will need to pay license fees and this of course will cause
increase in the start – up fee for starting a livestock breeding business

Goat Farming Business Plan – Executive Summary
Jonah Livingston and Family Farms Ltd is a registered and licensed livestock farming company
that will be based in the outskirt of Dallas, Texas – United States. We have done our detailed
market research and feasibility studies and we were able to secure a hundred hectares of land to
start our livestock breeding business

Our livestock breeding business is a going to be standard one hence will be involved in
commercial breeding of goats and other livestock. We will be involved in boarding services,
breeding services, dairy support services, livestock health services, farrier services, and shearing
services et al

In the nearest future, hopefully within the first five years of officially running Jonah Livingston and
Family Farms Ltd, we will start our meat processing plant and also start exporting our products to
other parts of the world. Which is why aside from the fact that we’ve secured the required farming
land for breeding goats in commercial level, we have also hired some key employees who are
currently undergoing training so as to be able to fit into the ideal picture of the 21st century
livestock breeding workforce that we want to build

We are in the goat farming business because we want to leverage on the vast opportunities
available in the livestock farming industry, to contribute our quota in growing the U.S. economy, in
national food (meat) production, raw materials production for industries, to export agriculture
produce from the United States to other countries and over and above to make profit

Jonah Livingston and Family Farms Ltd is well positioned to become one of the leading goat
farming business in the United States of America, which is why we have been able to source for
the best hands and equipment to run the business. We have put process and strategies in place
that will help us employ best practices when it comes to livestock breeding / goat farming
processes and meat processing and packaging as required by the regulating bodies in the United
States of America

Jonah Livingston and Family Farms Ltd is a private registered livestock farming company that is
owned by Jonah Livingston and family. The company will be fully and single handedly financed by
the owner – Jonah Livingston and his immediate family members at least for a period of time

Before starting Jonah Livingston and Family Farms Ltd, Jonah Livingstone has worked with some
of the leading livestock farms in the United States of America. He has worked in the industry for
well over 10 years before resigning to start his own goat farming business

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Our Product Offerings
Jonah Livingston and Family Farms Ltd is a licensed livestock farming business that is committed
to goat farming and meat processing and packaging for both the United States’ market and the
global market. We will also produce related raw materials for industries in commercial quantities

We will also ensure that we operate a standard food processing plant as part of our complimentary
business offering

These are the areas we will concentrate on in our livestock farming business. If need arises we
will definitely add more related animal breeding services to our list;
Boarding services
Breeding services
Dairy support services
Livestock health services
Farrier services
Sale and export of cotton wool and other dairy products
Sale of Cattle and milk (Including goats, sheep, grass – cutters, pigs and rabbits et al)
Sale of processed meat (beef) / can – beef (Processed Diary foods, and can beef et al)
Shearing services
Livestock farming related consultancy and advisory services
Our Vision Statement
Our Vision is to become one of the leading livestock farming brands not just in Dallas – Texas, but
also in the United States of America

Our Mission Statement
Our mission is to sell our produce (goats), byproducts and processed meat in commercial
quantities both locally, nationally and internationally. We want to build a livestock farming business
that can favorably compete with other leading livestock farming brands in the United States of
America

Our Business Structure
Jonah Livingston and Family Farms Ltd is a livestock farming company that intend starting small in
Dallas – Texas, but hope to grow big in order to compete favorably with leading livestock farms in
the industry both in the United States and on a global stage

We are aware of the importance of building a solid business structure that can support the picture
of the kind of world class business we want to own. This is why we are committed to only hire the
best hands in and around Dallas

At Jonah Livingston and Family Farms Ltd, we will ensure that we hire people that are qualified,
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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)

As a matter of fact, profit­sharing arrangement will be made available to all our senior
management staff and it will be based on their performance for a period of five years or more as
agreed by the management of the farm. In view of the above, we have decided to hire qualified
and competent hands to occupy the following positions;
Below is the business structure of Jonah Livingston and Family Farms Ltd;
Chief Operating Officer
General Farm Manager
Administrator / Accountant
Cattle Ranch Manager / Supervisor
Sales and Marketing Executive
Field Employees
Front Desk Officer
Roles and Responsibilities
Chief Operating Officer:
Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching,
counseling, and disciplining managers; communicating values, strategies, and objectives;
assigning accountabilities; planning, monitoring, and appraising job results; developing
incentives; developing a climate for offering information and opinions; providing educational
opportunities

Responsible for providing direction for the business
Creating, communicating, and implementing the organization’s vision, mission, and overall
direction – i.e. leading the development and implementation of the overall organization’s
strategy

Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization
General Farm Manager
Responsible for the planning, management and coordinating all farm activities across the
various sections on behalf of the organization
Supervise other section manager
Ensure compliance during project executions
Providing advice on the management of farming activities across all section
Responsible for carrying out risk assessment
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Using IT systems and software to keep track of people and progress of the growth of crops,
fishes, birds and animals
Responsible for overseeing the accounting, costing and sale of farm produce after harvest
Represent the organization’s interest at various stakeholders meetings
Ensures that farming goals desired result are achieved, the most efficient resources
(manpower, equipment, tools and chemicals et al) are utilized and different interests involved
are satisfied. Responsible for preparing financial reports, budgets, and financial statements
for the organization
Responsible for overseeing the smooth running of HR and administrative tasks for the
organization
Defining job positions for recruitment and managing interviewing process
Carrying out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Oversee the smooth running of the daily farming activities across the various farming
sections

Administrator / Accountant
Responsible for overseeing the smooth running of HR and administrative tasks for the
organization
Defining job positions for recruitment and managing interviewing process
Carrying out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Responsible for preparing financial reports, budgets, and financial statements for the
organization
Responsible for financial forecasting and risks analysis

Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensuring compliance with taxation legislation
Handles all financial transactions for the company
Serves as internal auditor for the company
Cattle Ranch and Animal Manager / Supervisor
Responsible for managing the commercial breeding of goats and other livestock

Responsible for managing boarding services, breeding services, dairy support services,
livestock health services, farrier services, and shearing services et al

Work closely with the General Manager to achieve the organizations’ goals and objectives
Sales and Marketing Officer
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Identify, prioritize, and reach out to new partners, and business opportunities et al
Identifies development opportunities; follows up on development leads and contacts;
participates in the structuring and financing of new business
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 company
Field Workers / Contract Staff
Responsible for feeding goats and other livestock as instructed by the supervisor
Responsible for cleaning the cattle ranch
Change the water in fish ponds as instructed by the supervisor on a regular basis
Handles farm implements and machines as instructed by the section manager / supervisor
Assist in handling the breeding of goats
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 my the line manager
Client Service Executive / Front Desk Officer
Welcomes guests and clients by greeting them in person or on the telephone; answering or
directing inquiries

Ensures that all contacts with clients (e­mail, walk­In center, SMS or phone) provides the
client with a personalized customer service experience of the highest level
Through interaction with clients on the phone, uses every opportunity to build client’s interest
in the company’s products and services
Manages administrative duties assigned by the manager in an effective and timely manner
Consistently stays abreast of any new information on the company’s products, promotional
campaigns etc. to ensure accurate and helpful information is supplied to clients
Receives parcels / documents for the company
Distribute mails in the organization
Handles any other duties as assigned my the line manager
Goat Farming Business Plan – SWOT Analysis
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Jonah Livingston and Family Farms Ltd do not intend to launch out with trial and error hence the
need to conduct a proper SWOT analysis. We know that if we get it right from the onset, we would
have succeeded in creating the foundation that will help us build a standard goat farming business
that will favorably compete with leading livestock farms in the United States of America and in the
rest part of the world

As a goat farming business, we look forward to maximizing our strength and opportunities and
also to work around our weaknesses and threats. Here is a summary from the result of the SWOT
analysis that was conducted on behalf of Jonah Livingston and Family Farms Ltd;
Strength:
Our strength as a livestock farming business is the fact that we have healthy relationships with
loads of major players (agriculture merchants) in the livestock farming industry; both suppliers and
buyers within and outside of the United States

We have some of the latest livestock farming machines, tools and equipment that will help us
breed goats and other livestock in commercial quantities with less stress. Aside from our
relationship (network) and equipment, we can confidently boast that we have some the most
experienced hands in livestock farming industry in our payroll

Weakness:
Our weakness could be that we are a new livestock farms in the United States and we may not
have the required cash to pump into the publicity of our business. We are aware of this and from
our projection will overcome this weakness with time and turn it to a major advantage for the
business

Opportunities:
The opportunities that are available to us cannot be quantified, we know that there are loads of
homeowners, and industries that will source for goats, goat meat, and milk and also industries that
will source for the raw materials from our livestock farms both in the United States of America and
other parts of the world

Threat:
Some of the threats and challenges that you are likely going to face when you start your own
livestock farm are global economic downturn that can impact negatively on household spending,
bad weather cum natural disasters (draughts, epidemics), unfavorable government policies and
the arrival of a competitor (a commercial farm that rear same animals) as our livestock farms
within same location. There is hardly anything you can do as regards this threats and challenges
other than to be optimistic that things will continue to work for your good

Goat Farming Business Plan – MARKET ANALYSIS
Market Trends
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One of the common trends in the commercial livestock farming line of business is that most
players in the industry are no longer concentrating only on farming a particular species of livestock
or just livestock / goat farming alone. They now find it easier to run both livestock farming and crop
cultivation. Some even go ahead to include meat processing and packaging business alongside
their product offerings; it helps them maximize profits in the agriculture industry

Despite the fact that commercial goat farming / livestock farming has been in existence since time
immemorial, that does not in any way make the industry to be over saturated; commercial goat
farmers are exploring new technology to continue to improve goat farming processes and also
meat preservation and packaging process. The fact that there is always a ready market for
commercial goat farming makes the business ever green

As a matter of fact, one of the new trends in livestock farming industry is that with the recent
advancement in technology livestock farmers can now improve the various breeds of the animals
they are breeding. As a matter of fact, it is now easier for livestock farmers to comfortably import
the kind of breed of domestic animal they want to breed from any country of their choice and also
advancement in technology has made it easier to cross – breed different animal

Our Target Market
Naturally, the target market of those who are the end consumer of livestock farm produce and also
those who benefits from the business value chain of the agriculture industry is all encompassing; it
is far – reaching

Every household consumes produce from livestock farms be it goat meat, goat milk, and the skin
(leather) used for bags, belts and shoes production et al. So also a large chunk of manufacturing
companies depends on livestock farms for some of their raw materials. In essence a goat farmer
should be able to sell his or her farm produce to as many people as possible

We will ensure that we position our business to attract consumers of agriculture produce 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

Our Competitive Advantage
It is easier to find entrepreneur flocking towards an industry that is known to generate consistent
income which is why there are more commercial farmers in the United States of America and of
course in most parts of the world

For example, Statistics has it that there were 2.2 million farms in the United States of America,
covering an area of 922 million acres. These goes to show that there are appreciable numbers of
farmers in the United States of America but that does not mean that there is stiffer competition in
the industry

As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial
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farming / livestock farming. This is so because part of the success of any nation is her ability to
cultivate her own food and also export foods to other nations of the world

Jonah Livingston and Family Farms Ltd is fully aware that there are competitions when it comes to
selling livestock and meats 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

We have done our homework and we have been able to highlight some factors that will give us
competitive advantage in the marketplace; some of the factors are effective and reliable livestock
farming processes that can help us sell our livestock and processed meat at competitive prices,
good network and excellent relationship management

Another competitive advantage that we are bringing to the industry is the fact that we have
designed our business in such a way that we will operate an all – round standard commercial
livestock farms that will be involved in diverse areas such as animal rearing and meat processing
and packaging plant. With this, we will be able to take advantage of all the available opportunities
within the industry

Lastly, our employees will be well taken care of, and their welfare package will be amongst the
best in the industry meaning that they will be more than willing to build the business with us and
help deliver our set goals and achieve all our objectives as a standard commercial livestock farms
with a meat processing and packaging plant

Goat Farming Business Plan – SALES AND MARKETING STRATEGY
We are quite aware that the reason why some commercial livestock farms hardly make good
profits is their inability to sell off their livestock to a larger market. In view of that, we decided to set
up a standard meat processing and packing plant to help us maximize profits

Over and above, we have perfected our sale and marketing strategies first by networking with
agriculture merchants and companies that rely on raw materials from the livestock farming
industry who are likely to refer become our customers

In summary, Jonah Livingston and Family Farms Ltd will adopt the following strategies in
marketing our commercial farm produce;
Introduce our business by sending introductory letters alongside our brochure to stake
holders in the agriculture industry, companies that rely on the livestock farming industry for
their raw materials, hotels and restaurants and agriculture produce merchant et al

Advertise our business and livestock farms in agro – allied and food related magazines and
websites
List our commercial livestock farms on yellow pages ads (local directories)
Attend related agriculture and food expos, seminars, and business fairs et al
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10/27/2016 A Sample Goat Farming Business Plan Template ProfitableVenture.com There is no single livestock farming company that has dominate market share in the industry hence smaller goat farming business can successfully make profits. Statistics has it that in the United States of America alone, there are about 51,712 registered …

A Sample Goat Farming Business Plan Template 1. Industry Overview The agricultural industry of which livestock farming or better still goat farming is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produces food for the populace and raw materials for industries.

Goat farming management is very important part of goat farming business plan. Usually goats eat plants, grasses, weeds, shrubs and herbs. …

Without much delay, here we go with the goat farming business plan sample. BUSINESS NAME: Brad Jenkins Family Farms Ltd. Table of Content Executive Summary Our Products and Services Vision Statement Mission Statement Business Structure Market Analysis Sales and Marketing Strategy Sales Forecast Financial Plan Conclusion EXECUTIVE SUMMARY

Starting a Goat Farm – Sample Business Plan Template 1. Determine the breed you want to breed – Goats come in different breeds, each with their own unique characteristics and uses. Some breeds of goats, called “dairy goats”, are raised primarily for the milk they produce, while other breeds can get very fat and fat, so they are bred for meat.

Pages 50-59 outline how to write your own goat dairy business plan. This outline gives you a template to follow as well as how to effectively write your business plan. Using this plan will make sure that you are being very thorough and writing your plan with the utmost thought and knowledge going into it. Small Goat Dairy Business Plan

Below is a detailed sample of a goat farming business marketing plan. Products / Services Thomas Matthews and Family Farms Ltd is a registered and licensed goat farming business that is committed to offering several products and services to customers in Provo, Utah, United States. Our products and services include the following: Boarding services

A Sample Goat Farming Business Plan Template for Beginners Business Overview The agricultural industry of which livestock farming or better still goat farming is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produces food for the populace and raw materials for industries.

The goat farming business plan include, but not limited to: Marketing Strategy Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization) Risk Analysis Industry Analysis

This fill-in-the-blanks template includes every section of your business plan, including your Executive Summary, Company Analysis, Competitive Analysis, Marketing Plan, Operations Plan and Financial Plan. This is must-know must-do information; ignore it and you stand a good chance to fail (a similar template is sold elsewhere for $69.95).

Frequently Asked Questions

How to start a profitable goat farming business?

  • Decide on your budget and accordingly plan your farm
  • Initially you can start with couple of goats and slowly can be increased as you go
  • Decide the breed suitable to your local regions. ...
  • Buy goats from certified breeders. ...
  • If you buy goats in your town, get your veterinary doctor to check the health and age

More items...

How to become a successful goat farmer?

To be a Successful Goat Farmer and to start your own farm, you must know these things:

  1. Right Location: To find correct location is the first and most important point to be taken care of. ...
  2. Land Requirement: Goats can be reared intensively on small acreage by using supplemental feed. ...
  3. Goat Breed: There are breeds which produce more milk while there are others that grow quickly. ...

More items...

Can you make money goat farming?

Goat farmers make their money by selling market kids. Selling market kids is the main income producer for a meat goat farm. Some farms will have extra does or doelings for sale when they have a very successful year and have the main herd up to the number of head needed for the land. As with all operations, there will also be culls.

What is the minimum area to start goat farming?

What is the minimum area to start goat farming? It depends on how many goats you want to rear ! Single goat requires 15–20 sq feet of free space to roam around and be stress free.

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