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A PROPOSAL OF EARNING A MILLION PESOS IN FIVE YEARS THROUGH FARMING AND CATTLE RAISING NAME
A PROPOSAL OF EARNING A MILLION
PESOS IN FIVE YEARS THROUGH FARMING
AND CATTLE RAISING
NAME OF PERSON: MARIA CRISTINA T. MEDINA
ADDRESS: SOLSONA, ILOCOS NORTE
Date: SEPTEMBER 6, 2014
FINACIAL MANAGEMENT (BA 217)
FIRST SEMESTER
SY 2014-2015

Title of Proposal: A PROPOSAL OF EARNING A MILLION PESOS IN FIVE YEARS THROUGH FARMING AND CATTLE RAISING

Name of Person: MARIA CRISTINA T. MEDINA Address: BRGY. LAURETA, SOLSONA, ILOCOS NORTE

I. TARGET: To earn a million by the year 2019 through farming and cattle raising.

II. BRIEF BACKGROUND

Strengths:

  • Committed and determined to earn million pesos

  • Willing to face challenges and accepts rejections, disappointments and criticisms

  • Developing the necessary entrepreneurial skills

  • Willing to explore alternatives

  • The family has been farming almost 60 years (experienced workers)

  • Has supportive, hardworking and good family communication

  • Use family for labor

  • Owns the farmland

  • Consistent water supply and abundance of farm weeds for the cattle raising

Weaknesses:

o

Health condition

o

Lacks time in supervising the daily farm routines

o

Lacks equipment in farming

o

Needs additional financial fund

o

Needs to set aside money for children’s expenses in school until college

Opportunities:

Enough food consumption for the family

Children have bachelor’s degree in college

Buy additional farm land

Threats:

  • Natural disasters such as flood and drought

  • Environmental damage

  • Continuing high cost of farm supplies and veterinary needs

  • Poor germination/poor breed of livestock

  • Diseases

  • Debts

  • Government regulations may dictate many aspects of the operation

III. ACTION PLAN

(Pls. see attached)

IV. PARAMETERS ON DECISION GUIDE/RULE

(Pls. see attached)

V. CONCLUSION:

I therefore conclude that my proposal be SRONGLY accepted. Based on the computation of my proposal, I can be able to achieve my target. Aside from that, my family will have enough daily food

consumption and it’s no longer a big deal to send my children to college. As the saying goes, “Anything the mind can conceive and believe, it can be achieve.” I am optimistic, determined and committed to come up with this proposal.

VI. RECOMMENDATION

It is recommended that my proposal is accepted and my action plan be adopted.

Earning a million pesos in 5 years for us ordinary workers in the government is impossible, unless winning a lottery or become a crook. So, one must find ways to increase its source of income and to be successful with this goal is to look for a business that suites and really interest me. I must also finish my MBA course because this is not only a step for promotion in my position but my best sword of becoming financially intelligent because of the access of entrepreneurial knowledge and skills which I believe it is one of the primary factors to become successful in line of business. Maintaining a good record of the operation will also help if the business is gaining or losing.

This proposal is not maybe a great business idea because farming and raising cattle have become and remained more a way of life than a money making enterprise, but I know, being in the right place and in the right time, I can make my goal come true. Gaining a little income may give myself a pat on the back for a job-well done.

If I won’t make much money from what I expected, then I’ll just enjoy it, keep loving it and keep

wanting to do it.

REFFERENCES:

www.entrepreneur.com/article/21834

ph.ask.com/Example+Of+A+Business+Plan

smallbusiness.chron.com

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5555 Street Address, City, ST 55555 | ph 555.555.5555 | fx 555.555.555 www.proposaltemplatestips.com | email@address.com
5555 Street Address, City, ST 55555 | ph 555.555.5555 | fx 555.555.555
www.proposaltemplatestips.com
| email@address.com