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Sample Honey Bee Farm Business Plan Template PDF

If you are looking for a sample honey bee farming business plan template, here is a business plan for starting a honey bee farm and free feasibility study example you can download.

BEEKEEPING BUSINESS PLAN SAMPLE PDF / DOC

Bee keeping has turned out to be among the most profitable businesses in the agro allied sector with increasing interests among entrepreneurs to invest. Although a very lucrative venture, it comes with its own challenges.

To surmount the challenges presented, entrepreneurs need to set up a framework that will ensure that the challenges faced or to be faced by their business are properly handled and surmounted.

An important tool necessary for the success of a honey bee farm business is the business plan. This article presents a sample honey bee farm business plan because of its importance to the stability of the business.

It provides guidelines which if well followed will result in the stability, profitability and growth of the entrepreneur’s honey bee farm. We begin with the following;

Table of Contents

  • Executive Summary
  • Products and Services
  • Vision Statement
  • Mission Statement
  • Target Market
  • Source of Revenue
  • Competitive Advantage
  • Payment Channels
  • Sales Projection
  • Publicity and Advert Strategies
  • Conclusion

Executive Summary
Han’s Honey Bee Farms is a commercial honey bee farm to be located in Ohio . Fully licensed to carry out the production of bees and bee products, the Han’s Honey Bee Farms specializes in services that include the sale of live bees, collection of bee venom, royal jelly among several other bee products. Our honey bee farm will not just produce for the local market in Ohio, but will produce for the domestic market (American) as well as for export or international market. Owned by Mr. Han Miller, who possesses extensive experience in the honey bee farm business, Han’s Honey Bee Farms will be driven by excellence and professionalism, with a well dedicated and motivated workforce that will drive the growth of this business. Our workforce will be drawn from the very best hands within the industry to provide the much needed growth drive.

Products and Services
Our products will consist mainly of bee related products such as well packaged honey, collection of bee pollens, pollination activities as well as the sale of live bees. Other services include consultancy and advisory services to smaller honey bee farms as well as teaching the skills of honey bee farming to interested individuals.

Vision Statement

We at Han’s Honey Bee Farms intend to be among the top 5 major honey bee brands within the first 7 years from the commencement of business. This we intend to achieve by bringing together a workforce that shares our passion which will drive our growth plans. Within this period, we intend to commence commercial export of our products to the international market.

Mission Statement
We will be providing quality honey bee products and services to our esteemed clients through the adoption of best practices within the industry. Our outlets will be spread across all the states within the United States.

Target Market
Due to our aggressive expansion plans we have, we will embark on deliberate efforts to increase our clients by reaching out to a diverse market that includes both commercial and individual clients. Our target market will consist mainly of agricultural products merchants, restaurants, hotels , beauty salons , food processing companies and households among others.

Source of Revenue
Our revenues will be generated primarily from the sale of the products and services on offer at our farms. Some of these products and services will consist of consultancy and advisory services to smaller honey bee farmers, the sale of our well packaged honey plus the production of bee wax. Others will include organizing seminars on bee and honey production. Revenue will also be realized from the sale of live bees.

Competitive Advantage
A competitive advantage we will have over our competition is the favourable work environment needed for optimum productivity. Our workforce will thrive within a well laid out work environment with the necessary work conditions required for the best results. Also, we will include a quality control unit that will ensure that only the best products reach the end consumer. Our remuneration will be among the best in the industry to ensure proper motivation of our workforce, resulting in the commitment of their best effort leading to growth and increased productivity.

Payment Channels
We will be including diverse payment channels centred around the client, to ease the payment of services enjoyed some of these channels will include the receipt of cash payments, use of POS machine for payments and mobile banking. Others include the acceptance of cheques, bank draft and the use of mobile banking.

Sales Projection
We have carried out studies within this industry which has shown a healthy growth projection for our business. Using a three-year time frame, current economic indicators were used to arrive at these figures. However, unpredictable factors such as environmental disasters as earthquakes and economic downturn were discounted. Below is a chart summarizing our three-year sales projection;

  • First Year $150,000
  • Second Year $280,000
  • Third Year $510,000

Publicity and Advert Strategies
We will be making use of effective publicity and advert strategies to reach the widest possible section of our consumers and clients. some of the strategies to be adopted include the placement of paid adverts in both electronic and print media, the use of billboards and the building of a website all showcasing our services.

Conclusion
This article focuses on providing a sample honey bee farm business plan to the interested entrepreneur who has little or no knowledge on how to write a good honey bee farm business plan. Using the format provided here, the entrepreneur is ensured of success in producing a compelling and well written business plan .

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musings on bees, life, & nature near Mt. Baker Washington

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Of Barcodes And Bees : How To Get Barcodes

Of Budgets, Business Plans, and Bees

Posted on March 3, 2011 by brookfieldfarmhoney

Let’s be honest here.  To the majority of folks there is nothing fun,

Beehives in the snow at Brookfield Farm, Maple Falls, Washington

Good time for office work

fascinating, nor exciting about budgets and business plans.  Which is probably why it I wind up doing them in the depth of winter when there is little happening with the hives.

As a side note, this was the week I’d “scheduled” to start dusting the bees with powdered sugar (a varroa control technique) and giving them their essential oil feed (general health).  Nature had a different idea: a fairly deep powdering of snow.

Back to the business plans:  I’ve never done one before.  Our family’s basic business plan always has been: expand business; make money; pay the bills.  My personal plan included: go hiking, do more photography.  But it’s winter, and I’m in a very cool Agriculture Entrepreneurial Business Class sponsored by Sustainable Connections ( http://sustainableconnections.org ) and Washinton State University, Whatcom County Extnsion.  Plus I’m getting some marketing, and bookkeeping, guidance from the Small Business Development Agency in Bellingham.  The latter wanted a printed 5-year plan and an overview of our books, which amazingly corresponded with homework for the class.

I hated doing them.  They really work.

What I sell

Brookfield Farm Bees And Honey's Beekeeper at Seattle Fremont Market

Bean At Fremont Market

Just a bit of background here.  My bees make and I sell, raw, unheated, unfiltered honey from hives in which no miticides (in-hive pesticides) and no antibiotics are used.  I also sell honey from other independent Washington state beekeeper.  On the production side, I create raw honeys infused with flowers, spices, and nuts; organic vinegars infused with raw honey; 2 kinds of beeswax/herbal salves; and 3 kinds of beeswax/herbal lip balm.  We’re working on a food-quality beeswax wood conditioner as well.   Shameless-Self-Promotion-Plug:  You can see all this, except the wood conditioner by clicking: http://walking-wild.com/id94.html

 

Why A Business Plan:

It was good for me to write down exactly where I wanted the business, myself, and my family to be in five years time.  It, as many things do, boils down to: Who, What, When, Where, How, Why?

When kicks it off: 5 years is the buzzword.  But in the next five years:

Who did I want to sell to?

What kind of wholesale and retail markets did I think my products would sell in?

Where do I want to sell?  More farmers markets?  Retail shops? Grocery Stores? Restaurants? Independent chefs?

How did I want to expand the business?  Get the husband more involved?  Hire workers?

How much product could I reasonably supply given the production levels of my bees, my suppliers and myself?

Why did I want to do this?  “This” being: a) write this down and b) expand the market for my products

The “why expand the market for one’s products” is rather important and brings in my own mantra “But really, all I want to do is go hiking, take pictures, and take care of my bees and goats.”  So you’ve probably guessed I’m not looking to be the next Bert’s Bees, but just make a nice living that allows me time to go hiking and take pictures.

The “why write this down” is because my ideas flow like torrents: I could do this, and that, and the other….if only there were more hours in the day, and I didn’t want to go hiking.  So writing it down brought it into focus for me.  And, after all, I can do a rewrite anytime I want.

The Brookfield Farm Bees And Honey Five-Year Plan?

Does include expanding into more retail shops and finding distributors who would carry my products.  But on a “local” level: western side of the Cascades, and starting with shops between Seattle and Blaine (that’s the Canadian border for those of you beyond our beautiful area).  My husband, Ian, and I can do this without hiring outside help.  And every August when I disappear into the mountains for three to four weeks, the bees need little overseeing and Ian is willing to cover for me in the business.

But it takes work to expand, if only to meet the owners retail shops who might carry the good and the good folk who distribute product to these shops.  Thus I’m doing all I can while the bees are in cluster, to meet these people: from conferences to business associations to walking into shops with my wares.   Am I good at this? No.  Do I enjoy this part of the business? No.  Do I need to do it? Yes.  There’s nothing so inspirational as getting the winter’s propane bills or the property taxes.

Of Budgets And Bees.

I’ll admit it: I’m lousy at budgeting.  On the other hand I’ve always lived my life with the idea: Buy what you need, not what you want.  There’s a big difference.

I once walked into my favorite contractor’s shop for a huge box of staples for my air compressor driven staple gun (to make boxes and frames).   As I entered, the owner smiled and said “Karen, we’ve got just want you want.”  I paused, looked at him and said “You?  You have a nice little black cocktail dress cut daringly up the side, shear black nylons, and a pair of 2-inch black zip-up heels?”  He then stopped in his tracks.  I continued to say: “Bill, you’ve got what I need, not what I want.  Now, about that 10 pound box of staples….”

Budgeting is like that.  I’d like to have a forklift.  Can I afford one?  No.  Can I get along without one right now? Yes.  But to know what I can and cannot afford, or to know if the business is even making money, I’ve got to do a budget.

The Brookfield Farm Bees And Honey Budget Plan:

Now my budgets  are always pretty rough:

Income: all divided into what each honey and product earned.

Outflow: all divided into what the different components cost, plus all those tedious things like mileage, market fees, license fees, commercial kitchen rentals, taxes, and on and on.

Inventory:  I get around to doing budgets in the winter.  Which means that I’m often in possession of honey and bottles that will be selling in the new year.  So all that has to be factored in.

At the very least all this tell me if we managed to make money in the year.

It also shows how much I have to budget for in the new year: bees, bee supplies, bottles, and more.

Then, once that’s factored in. It shows me how much more I can invest in bees.

The whole value-added thing started as a way to expand the apiary: more bees mean, hopefully, more money from doing work I love to do, but it takes money to expand the apiary.  It’s all a vicious cycle.

There are a lot of templates out there to use to create budgets.

Full of Good Info

My class has a book that breaks them down and helps one work though the terms and ideas: “Building A Sustainable Business : A Guide to Developing a Business Plan for Farms And Rual Businesses”  Just lilts off the tongue, doesn’t it? Publisher: Sustainable Agricultre Research and Education (SARE) http://www.sare.org.  You can find others on-line.

Budgets and Business Plans: they’re tedious; they’re boring; they’re really very useful and vital to making a business work.  After all the bees don’t know they’re doing it, but they budget honey, larva, queen production, nectar versus pollen collection, and more every minute of their lives.  They are my inspiration.

 

That’s the news this week from Brookfield Farm Bees And Honey, in Maple Falls, Washington. Hopefully the sun will break out and I can go tend to the bees next week.

Have budgets and business plans helped you?  Or changed the direction of your business?  If so, tell the tale.  I think that we all need inspiration to do these, after all, let’s be honest; they’re deadly dull and not at all fun to do.

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About brookfieldfarmhoney

Brookfield Farm, a small off-grid apiary in Maple Falls, WA focuses on the beauty and bounties of Washington’s wilderness. I sell honey from our bees, whose naturally-treated, antibiotic-free hives are home to bees who fly Washington’s mountains and farmlands. Herbal salves and lip balms from Brookfield beeswax. Delicately infused honeys and vinegars. Varietal honeys from independent Washington beekeepers.

Karen Edmundson Bean: beekeeper, photographer. Her love of the wilderness inspires her to discover new ways of bringing the wonders of nature to others. Brookfield Farm : the tastes, textures, sounds, and images of nature.

View all posts by brookfieldfarmhoney

This entry was posted in 93 Marketing / Business and tagged 5-year , 8 Brookfield Farm & Bees , bees , Brookfield , Brookfield Farm , budgeting , budgets , Connections , Five Year Plan , honeybees , Maple Falls , plan , Sustainable , Sustainable Commections , Washington . Bookmark the permalink .

Building Boxes & When Orders Go Wrong
Of Barcodes And Bees : How To Get Barcodes

4 Responses to Of Budgets, Business Plans, and Bees

  1. Michelle says:
    July 10, 2011 at 8:14 am

    Just droppping a line to thank you for your links and blog information! Very much appreciated.

    Reply

    • brookfieldfarmhoney says:
      July 10, 2011 at 5:13 pm

      Thank you, that’s very nice to read.

      Reply

  2. bridget says:
    December 20, 2011 at 3:19 am

    hello, im bridget aito from nigeria and i find your blog very useful,im into beekeeping also, i intend to start a stingless bee farm and i need a business plan,can you give any useful links

    Reply

  3. brookfieldfarmhoney says:
    January 3, 2012 at 3:50 pm

    Hi Bridget – Here a business plan is something that you give to a bank to try to get money. The best info I have found was Sustainable Agricultre Research and Education (SARE) http://www.sare.org .(that I mentioned in that blog you read). If you are not going to a bank, I would not get too formal with the plan, but I would suggesting doing the breakdowns: how much money needed to start, where will that money go, where will you get equipment, how much time can you invest, what sources can you draw on for knowledge from existing beekeepers, what is your plan if everything goes terribly wrong (it’s beekeeping, it will go very wrong at some point, be prepared, financially and emotionally),

    So, to me a business plan is a plan of action (what am I going to do, and how am I going to do this) for yourself. That’s really important. Have you worked with bees before? If not, before you do anything else, go help someone who is beekeeping. Interview lots of people who are in the business. I figure you’ve already read up on plants, locations, and (if there is like here) legal complications. I don’t know if this is of help. But good luck with your endeavor. I envy you stingless bees.

    Reply

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