Professional Documents
Culture Documents
BUSINESS PLAN
TABLE OF CONTENTS
1 | Page
EXECUTIVE SUMMARY.. 3
MANAGEMENT PLAN 4
CROPING PLAN15
MARKET ANALYSIS18
TARGET MARKET........19
PROMOTION21
SWOT ANALYSIS..22
IMPLEMENTATION SCHEDULE..23
FINANCIAL PLAN...24
APPENDIX Quotations
_ Otjiari Investment profile
_Lease agreement
_Copies of IDs
EXECUTIVE SUMMARY
2 | Page
This project is the brain child of Mr. Abel Rukumba, Mrs. SarikiRukamba and
AnnahNdolo who are the managing directors of OtjiariInvestments (Pty) Ltd. The
project is currently producing cabbages, butternuts, tomato, rape and maizeon a
7hectors farm in Morwa, Ramosesane.Success has been recorded in several areas
of the project ensuring a remarkable clientele base and sales. Against this
background, the directors have established the need to expand on production
focusing only on butternuts, tomatoes and cabbages and have resolved to lease a
10 hectorfield which is adjacent to the companys farm. This would subsequently
mean an increase in the area of land under use to 17hectors and the need to
acquire more equipment. Moreover, water rights issue has prompted Otjiari
Investments to look for another field. The promoters have tried in vain to acquire
land in Kgatleng District. They have now opted for renting farms along the
Notwane River. They will be renting 10 hectares from Mr. Justice Thamage. They
will be producing Butternuts, Cabbage, Tomatoes and Onions as major crops. Mr.
Thamage has got 13.5ha of land for vegetable production and has got water rights
from the said river.
MISSION
To provide the highest-quality horticultural produce; existing to attract and
maintain customers.
VISION
To gain a respectable position in the horticultural market, in the country and
beyond.
OBJECTIVES
Our objectives are in line with the objectives of the government through ISPAAD:
PURPOSE
The purpose of this business plan is to secure a grant of P 185,339.06 from
ISPAAD; Horticultural Enterprises Support Programme.
MANAGEMENT PLAN
NATIONALIT
NAME
D.O.B
Abel Rukamba
25/02/65
Motswana
SanikiRukamba
14/06/69
Motswana
34372075
Active Director
AnnahNdolo
14/09/84
Motswana
47228916
Share Holder
ID NO.
12881190
2
POSITION
Active Director
PROFILES OF PROMOTERS
The promoters of this project have got vast experience in commercial vegetable
production. Mr. Abel Rukamba is a BSC Degree holder in Agriculture, with more
than 25 years in vegetable production. In 1989 to 1991 he worked for Botswana
Development Corporation subsidiary farms in Tuli Block at Seleka Farm. He
worked for two years and amongst his duties as a deputy farm manager he was the
Horticultural Superintendent thus managing vegetables and fruits (citrus). Seleka
4 | Page
farm being a subsidiary of Botswana Development Corporation was one of the most
enterprising farms, if not the best in Tuli Block by then in commercial vegetable
production. Towards the end of 1990 he was recruited into the National Army,
Botswana Defence Force to run its agricultural activities. In his service at the BDF
he managed Pitsane Farm where he established a commercial dairy project and
horticulture. He also spearheaded backyard gardening which the BDF is well
known for to date. He is still administering Commercial Agricultural activities in
the Botswana Defence Force running agricultural activities.
Mrs. Saniki Pearl Rukamba is a keen vegetable producer with vast experience in
vegetable production. She is a major partner in the business. Mrs. Rukamba is a
BSc Degree holder in Home Economics. She covered vegetable production as a
course and has hands on experience in vegetable production. During her study at
University of Swaziland University she got hands on experience through the
internship in the local farms as a requirement by the University.
Mr. & Mrs. Rukamba are amongst the few Batswana who have always have always
been keen to promote commercial vegetable production despite the limitations and
challenges that go with establishing such an enterprise.
5 | Page
This project is being carried out in Morwa Village (Lekatina) , and the farm is
located along Notwane River (Perennial) and 100 meters away from the tarred
road, hence easy accessibility.
PRODUCTION PARAMETERS
TOMATO
Tomato (LycoperciconEsculentum) is the next important vegetable crop next to
potato. It is a cosmopolitan cropthus found world wide. Its uses are also varied
from fresh fruit, salad, garnish to soup depending on the users preference. Tomato
is a warm season crop but its importance to human diet has influenced researchers
to come up with varying methods and structures in which a tomato can be
cultivated. This has also permitted tomato production to be done in varying
environments such as open field, shed net, plastic tunnels and green houses.
Theses structures and environments have also been modified to suit backyards.
Otjiari Investments will cultivate tomato under open field and consider any
structure after some gains. Thus will concentrate on an open field varieties, which
will be suitable to local environment. Extensive research has been done tomatoes
such that the farmer is spoiled with choice. These research has been varied from
time to time of mature, disease and pest resistance tomarket preference. So Otjiari
Investments will concentrate currently on three major varieties Zeal,Zest & Star
9008. Which are determinate and indeterminatevarieties. Zeal and Zeal have
proved to perform extremely well under local climatic conditions.
TOMATO CULTIVATION
Tomato can be grown on a wide range of soils but a well-drained, light loam soil,
with PH of 5 to 7 is preferred. Water logging increases the incidence of diseases
such as bacterial wilt and others. The fertilizer requirements for tomato is very
much influenced by the type of soils. Loam soil will need less fertilizer than sandy
soils. Averagely fertilizer requirements for a tomato plant would range from 100 to
150 kg/ha of Nitrogen (N) to 110kg/ha of phosphorus (P) to 160 to 240 kg/ha
Potassium (K). But for commercial tomato production soil tests is a must. Micro
6 | Page
nutrients such as calcium (most important) sulphur, boron and magnesium also
play a major role in determination of commercial yield.
Otjiari Investment will practice a fully balanced nutrient mixture known as
hygroponce. The main reason being it is quite are reliable practice of ensuring that
your plants have been fed with the right type of plant feed. It is also easy to use
and quite adaptable to crop cultivars and varying climate conditions and seasonal
changes is inter-alia an economic practice. It leads to economic yields. Total water
requirements after transplanting of a tomato crop grown in the field for 90 to 120
days, ranges from 400mm to 600mm depending on the climate. water supply
directly relates to the use of the product, for example , high yields of salad
tomatoes are obtained by frequent, light irrigation. Regular irrigation leads to dry
less, juicy fruit and often results cracked fruit which is not marketable for high
yield and good quality, the crop needs a controlled supply of water throughout the
growing period. Tomato yields vary from 65tonns/ha to 200 tons/ha depending on
variety and structure in which the plant is grown.
and crops development stage. In summer the irrigation interval should not be more
than 2 days and in winter 3 days intervals to be maintained.
Cabbage permits any method of irrigation furrow sprinkler and trickle irrigation.
pesticide.
Within a week of transplanting manual application of LAN. This is applied 3-5cm
from the planting by punching a hole putting the fertilizer and cover it. This
9 | Page
practice will be done for 3 weeks consecutively. Then the remaining 5 weeks a
fertigation of urea is done at weekly intervals. At 50kg of urea weekly.
Irrigation will be at least at 2 days interval depending on stage of the crop and
climatic conditions. Pest control will be by both chemical and cultural. Thus 3 day
intervals of chemical pest control with Thamidol (Methamidofos) and methomix
(methomyl) alternating the chemicals and good crop sanitations practices will be
ensured to maintain a healthy environment for plant and also control of diseases.
Harvesting of cabbage is done by cutting of the ripened head of the plant or by
uprooting the whole the plant and cut off the head with a knife. Cabbage is ready
for harvesting after 65-90 days depending on the variety. Initially Otjiari
Investments will concentrate on 2 varieties, namely Star 3301 and Tenacity. These
will be harvested on demand. estimated plant population is about 35,000 45,000
per hectare.
Weeding is the major good cultural control since it determines crop yields directly
and indirectly. If weeding is not carried out control of pests is impossible and
disease outbreak are also quite eminent. weeds also suffocate young plants and
hinder proper growth and also leads to low yields . So weed control manually is
imperative. That is hand weeding will be carried out whenever necessary, to
ensure absolute weed control.
The price for cabbage is normally very low in winter and high in summer. So the
P6 per head is an average price.
BUTTERNUTS
Butternuts are a part of the variety of cucurbits; squash.
Shape; Thick neck, swollen ball at flower end.
Size; 1kg
Skin Colour; buff
Flesh Colour; Orange
Days to maturity; 80 100 days
10 | P a g e
These are allowed to mature on the plant. The skin should be tough and not easily
scratched. Butternut may be packed in orange pockets, or hessian potato bags.
Butternut can be stored for several weeks after harvest , if picked when mature
(Butternut 2 - 3 months). For storage, only completely ripe fruit are suitable. Cure
at29o to 32oC for 2 weeks or a month at room temperature, then keep in a single
layer (not stacked)in the shade.
ideally 6 13oC. Fruit harvested in late autumn may be stored for 3 - 4 months.
Remove any rotting fruit from the store.
Recommended Planting Space
Crop
Between Rows
Between Plants
Butternut
1.8m
90cm
CROP
REGION
MONTH
J
Cold
Areas
(May*Aug
ust)
Mild
Areas
(June*July
)
11 | P a g e
Frost Free
Areas
Butternut (under Squash) can be sown as soon as frost danger is past. In frost-free
areas butternuts are best grown as winter crops. Best months for Sowing are as
stated in the table above
Water Requirements for Butternuts
Days
Planting
from
Irrigation
Requirement(mm)
Winter
Irrigation
Interval (Days)
Summer
Irrigation
Interval (Days)
7.8
31 70
15.6
12
71 110
23.4
111 maturity
31.2
0 30
YEILDS
CROP
YEILD
SIZE / Ha
Butternut
11 40 tons
ONION
Type; Bon Accord
12 | P a g e
satisfactory unless well supplied with humus to loosen them up. Soil should be
well drained and have a minimum depth of 60cm. The pH of the soil should be
within the range of 5.0 to 6.5. The onion plant is very sensitive to both high acidity
and salinity and as such yields can vary over a fairly narrow range of soil pH. Soils
that are more acid should be limed and the amount of lime to be applied must be
determined after soil analysis. The lime must be ploughed in at least four weeks
before the onions are planted. 63 kg/ha N, 94 kg/ha P and 63 kg/ha K (e.g. 2:3:2
(22) + 1% Zn at the rate of1000 kg/ha) should be applied as an initial pre-planting
application. The plants should be top-dressed with a nitrogenous fertilizer at a rate
of 64 Kg/ha, 4 to 6 weeks after transplanting or 12weeks after direct sowing.
Time of Planting
We are going to plant as early as possible in order to market the crop when the
prices are high.
13 | P a g e
production), thick necks and double bulbs, whereas late sowing reduces these
defects but also reduces bulb size and yield.
(a) Setts
Sets should be planted from the middle to the end of February. Sets should not be
planted later than that because the other two cheaper methods can be used.
(b) Direct drilled onions
The best yield is obtained when seed is sown from the middle of March to the end
of March. However Pyramid and Granex can be sown as early as from 1st March.
c) Transplants
Pyramid and Granex 33 can be sown in the seedbed as early as from 1st March to
the middle of April, whereas Texas Grano 502 PRR and Bon Accord should be sown
from the middle of Marchup to the middle of April as they are likely to bolt if sown
too early.
Weeding and Cultivation
For the successful growing of onions, weed control is essential, especially during
their early development. Onion seedlings are poor competitors with weeds. The
removal of weed by hand between the plants is the cheapest method if labour is
available. However, because of large plant population the effectiveness of hand or
mechanical weeding is a problem, especially for the direct sown crops. Herbicides
such as Dow Mamba 480SL will be used
Irrigation
Onions are a shallow-rooted crop and require frequent light irrigation. A rooting
depth of 30 cm can be assumed, and soil in this zone must be kept moist. For the
first 6 weeks after direct drilling and for the first week after transplanting,
watering must be very frequent (every 1 - 2 days) to establish the crop. After the
crop is established watering should be as follows:
0 to 8 weeks 12 mm/wk
14 | P a g e
9 - 12 weeks 15 mm/wk
13 - 16 weeks 20 mm/wk
17 - 20 weeks 27 mm/wk
These are actual water requirements of the crop and allowance should be made for
irrigation efficiency when deciding how much water will be required (70%
efficiently with sprinklers, 50 -60% furrow). These figures are for the Gaborone
region. Onions are very sensitive to salinity and saline water will not be used for
irrigation. If a crust is formed by irrigation on the surface of the soil, it will be
broken as soon as possible and with a minimum injury to the plants.
Harvesting
Time to Maturity
Because onions are day-length and temperature sensitive only a limited sowing
period is possible. The harvesting period can be extended by the use of different
planting methods (i.e. setts, direct sowing, transplants).
successful in Gaborone region giving bulbs for June - August harvesting from a
February planting.
region)
to maturity.
extended by storage for up to three months after harvesting. On good soils yields
of over 60/ha are possible. However, 40t/ha is more typical. Onion setts generally
give lower yields of about 30t/ha. Yields are substantially reduced if sowing is
delayed. Onions can be harvested at different growth stages for marketing as
follows:
Green onions
15 | P a g e
Harvesting usually begins when 10 - 25% of the plants (leaves) have fallen over.
They are made into bundles with leaves on and are the first to be marketed.
Partly mature crop
The bulbs are lifted and left to dry for about a week. This is usually done when 50
to 75% of the leaves have fallen over. The tops are cut off in the field and bulbs
marketed in 10 Kg orange pockets.
Stored crops
These must be thoroughly dried, usually on the land where they have been grown.
Up to 10rows can be drawn together in one wind-row so the leaves of the onion
protect the bulb from the direct sunlight.
hence it is not advisable to use late(November and December) harvested crops for
storage.
For bulk storage, trim stems when bulbs are dry and lay them 1 - 1.5 meters deep
on a wire mesh floor.
CROP
PERIOD
ACTIVITIES
Year I
Tomatoes
December to February
Transplanting
Production
&
16 | P a g e
March to April
Tomato
Harvesting,
Distribution to the
market
October to November
Transplanting
Production
May to July
Production
August to September
Harvesting
Distribution
market and
preparations
September to November
Production Period
December to January
Butternuts
harvesting/Distribu
tion to market and
land preparations
February to May
Production Period
June to August
Butternuts
harvesting/Distribu
tion to market and
land preparations
Tomatoes
January to February
Harvesting
Distribution
market and
preparation
Butternuts
September to November
Production Period
December to January
Butternuts
harvesting/Distribu
tion to market and
land preparations
March to August
Planting
&Production
Period
September to October
Harvesting
Distribution
market
Cabbage
Butternuts
Year
II
Onions
&
/
to
land
/
to
land
/
to
17 | P a g e
Year III
Cabbage
November to December
Transplanting
&
Production Period
Cabbage
January to February
Harvesting
&
Distribution To The
Market
August to October
Transplanting
&
Production Period
November to December
Harvesting
/
Distribution to the
market,
Land
Preparation
March to May
Transplanting
Production
June July
Harvesting
/Distribution. Land
Preparation
October to December
Production Period
January
Butternuts
harvesting/Distribu
tion to market and
land preparations
February to July
Production Period
August to September
Onions
harvesting/Distribu
tion to market and
land preparations
October to December
Production Period
Tomatoes
Butternuts
Onions
Year IV
Butternuts
January
Onions
&
Butternuts
harvesting/Distribu
tion to market and
land preparations
January to June
Planting
&Production
Period
July to August
Onions
harvesting/Distribu
18 | P a g e
Year V
Cabbage
Onion
Tomatoes
September to November
Transplanting
&
Production Period
December to January
Harvesting
/
Distribution to the
market
February to April
Transplanting
/
Production Period
May to June
Harvesting
/
Distribution to the
market
/
land
preparation
July to December
Planting
/
Production Period
March to May
Transplanting and
production period
June to July
Harvesting
/
Distribution / Land
Preparation
CHEMICALS/FERTILIZERS MANAGEMENT
Since the inception of this project we have always been conscious about the
environment and emphasized the importance of proper use and management of
chemicals in the farm. Chemicals are always stored in a lockable place and are
administered by trained personnel to avoid unnecessary spillages which might
result in affecting the environment. We will continuously adhere to Botswana AgroChemical Act Cap 35.09
MARKET ANALYSIS
According to MoA statistics of 2013 / 2014 the local production for butternut and
onion was 1950.85 tons and 4546.81 tons respectively while imports were 4337.43
19 | P a g e
tons and 3871.01 tons for butternut and onions respectively. As shown below there
is high demand in the country for horticultural produce, which is then fulfilled by
the high percentage of imports.
G/Mealies
275.10
Potatoes
3536.74
11 457.87
14 994.6
Cabbage
6407.26
4 337.43
10 744.69
59.63%
40.37%
Butternut
1950.85
609.70
2 560.56
76.19%
23.81%
2 147.91
2 831.54
24.14%
75.86%
10 027.32
48.89%
51.11%
Green Pepper
Tomato
4901.88
Garlic
Onion
683.63
6.38
12 605.00
5 125.44
-
4546.81
Sweet Potato
Import (t)
12 880.10
3 871.01
354.56
2.18%
23.59%
8 417.82
365.94
Import%
97.9%
76.41%
54.01%
1.74%
45.99%
98.26%
CURRENT MARKET
Otjiari Investments (Pty) Ltd is currently supplying to the following clients:
1. Choppies
-
Mogoditshane
20 | P a g e
Mochudi
Gaborone Station
Tlokweng
2. VegieLand
3. Botswana Horticultural Market
4. Fruit & Veg City - Mogoditshane
TARGET MARKET
These are people who appreciate buying straight from the
Individuals
socio/economic classes.
Hot Chicks, Rodizio, Linga Longa, PrimiPiatti, Curry Pot,
Restaurants
Supermarkets
Lodges
Hotels
Educational
Institutions
of
Management,
Botswana
Limkokwing,
Academy
GIPS,
of
Business
Botlhale
English
Government
PRICING
CROP
PRICE P/KG
Butternut
Cabbage
Tomato
6.00 per kg
Onion
The project's promotional strategy will include mixing elements of the promotional
mix in order to come up with a viable promotional plan.
a. ADVERTISING -. The print media will be the main channel to reach out to our
clients.
ADVERTISING MEDIUM
CONTACT
NAME
TEL /FAX
EMAIL / WEBSITE
The Advertiser
TBA
3914788
The Guardian
TBA
3908408
Botswana Gazette
TBA
3912833
TBA
Tel:39077
www.farmersmagbots
85
.com
Farmers
Magazine
Botswana
BTC Telephone Directory
Botswana a.cbraby Yellow
Pages
TBA
TBA
3907785
TBA
3971444
TBA
www.botswanaguardi
an.co.bw
www.btcdirectory.co.b
w
TBA
b. PERSONAL SELLING where a need for our products has been identified. We will
prepare proposals and/or sales letters to secure business. This will be
augmented by personal selling in order to convince the customers and address
any questions they may have.
c. VEHICLE BRANDING: Our vehicle will bear the name of our business, location
and contact details.
d. SHOWCASING. We will also participate in seminars, workshops and conferences
within the country. Our produce will be showcased at major trade fairs and at
the Agricultural Shows.
23 | P a g e
ST
WE
RE
AK
NG
NE
TH
SS
SWOTES:
ANALYSIS
S:
N
H
IMPLEMENTATION SCHEDULE
PHASE
1
2
ACTIVITY
TIME FRAME
Financing
2 months
Procurement
Infrastructure
Development
3
4
3 months
Labour Recruitment
1 months
Planting
n/a
Trading
n/a
FINANCIAL PLAN
A
ITEM DESCRIPTION
1.DRIPLINE
16MM
SPACING(164620)
Q
2.110mmPVC
Class 6
3.Filter 3"Disc"
TOTAL
TH
OP
RE
PO
ATS
RT
UN
0.3
SUPPLIER,
S NAME
STEVE
MACK
STEVE
MACK
STEVE
MACK
QUANTIT
Y
UNIT
PRICE(
P)
TOTAL
PRICE(P)
GRANT(P
)
OWNERS
CONTRIBUTION(P
)
200
805
161000
96600
64400
145
250
36250
21750
14500
1150
2300
1380
920
199550
119730
79820
24 | P a g e
CASH FLOW
INCOME
/SALES
AUG
SEPT.
CABBAGE
1662
50
166250
OCT.
450,0
00
16625
0
BUTTERNUT
TOTAL
INCOME
1662
50
16625
0
6162
50
TOMATOES
OUT FLOW
FIXED
INCOME
IRRIGATION
EQUIPMENT
NOV.
450,0
00
16625
0
6162
50
DEC.
450,00
0
166250
360,00
0
97625
0
JAN.20
14
450,00
0
FEB.
MARC
H
APRIL
MAY
JUNE
JULY
TOTAL
16625
0
360,0
00
5262
50
1662
50
1662
50
166250
1995000
1662
50
1662
50
16625
0
720000
451500
0
1800000
166250
1662
50
166250
61625
0
1662
50
16625
0
PERTICIDES
199550
55159.
1
11538.
3
55159.
1
11538.
3
55159.
1
11538.
3
55159.
1
11538.
3
SEEDS
36577
36577
36577
36577
PACKAGING
6000
FERTILIZERS
ADVERTISING
SALARIES
&
WAGES
TRANSPORT/F
UEL
TOTALS
6000
5000
6000
6000
5000
2500
0
25000
25000
25000
25000
4000
4000
4000
4000
4000
2900
0
34282
4.4
2900
0
2900
0
13727
4.4
6000
5000
25000
2500
0
25000
25000
2500
0
2500
0
25000
300000
4000
4000
4000
4000
4000
4000
4000
48000
35000
2900
0
13827
4.4
4000
0
2900
0
13827
4.4
103464
7.2
Owners
Contribution(P)
Grant (P)
Quantity
Suppliers Name
Item Description
Agrifeed
38
307.95
111782.10
7021.26
Fertilzers 2:3:4(30%)
50Kg
Agrichem.
54
299
16146
9687.60
Fertilizers-Pottassium
25kg
Agrifeed
60
302.85
18171
10902.60
1.
2.
3.
4712.84
6458.4
0
7268.40
25 | P a g e
4.
Fertilzers-Calcium
Nitrate 25kg
Agrifeed
36
147.5
5310
3186
2124
5.
Agrifeed
60
425.45
25527
15316.20
10210.80
6.
Cureta
AgriFeed
1195
4780
2868
1912
7.
Methomex 1kg
Agrichem
210
1308
784.80
523.20
8.
Sniper 5L
Agrichem
445
1780
1068
712
9.
Diethane
Agrichem
1300
1300
780
520
Agrichem
446.00
1,784.00
1,070.40
713.60
Agrichem
625
3750
1422.18
948.12
Agrichem.
26
11050
11050
6630
4420
16702
.80
103274
.40
61916.
64
41309.76
10. Cyperin 5L
11. 7:2:5
12. Water melon(hybrid)
TOTAL
Hence we are applying for a total grant of P179,44.64under ISPAAD with our
contribution amounting to BWP 119,629.76
FINANCIAL ASSUMPTIONS
SALES PROJECTIONS
Year I
CROP
YEID
Ha
NO. OF Ha
(Number
Yields)
EXPECTED
YEILD
Of
PRICE P/ KG
AMOUNT
OF
SALES
BWP/Year
26 | P a g e
Butternut
30 tons
12
20.00
720,000
6.5
1,950,000
75 tons
Cabbage
5000
bags
12
25kg
bag
(3)
180
bags
000
5.00
head
per
2,400,000
(40 000x12)
5,070,000
Year 2
CROP
Butternut
YEID
Ha
30 tons
NO. OF Ha
12
(Number
Yields)
EXPECTED
YEILD
Of
PRICE P/ KG
AMOUNT
OF
SALES
BWP/Year
25.00
900,000
7.00
2,100,000
5.5
2,684,000
75 tons
Cabbage
5000
bags
12
(3)
180
bags
000
5,640,000
27 | P a g e
Year 3
CROP
Butternut
YEID
Ha
30 tons
NO. OF Ha
12
(Number
Yields)
EXPECTED
YEILD
Of
PRICE P/ KG
AMOUNT
OF
SALES
BWP/Year
30.00
1,080,000
7.5
2,250,000
2,880,000
75 tons
Cabbage
50000
bags
12
6,210,000
Year 4
CROP
Butternut
YEID
Ha
20 tons
NO. OF Ha
15
(Number
Yields)
EXPECTED
YEILD
Of
PRICE P/ KG
AMOUNT
OF
SALES
BWP/Year
30.00
900 000.00
35.00
3
360
000.00
64 tons
15
28 | P a g e
4
260
000.00
Year 5
CROP
Butternut
YEID
Ha
20 tons
NO. OF Ha
15
(Number
Yields)
EXPECTED
YEILD
Of
PRICE P/ KG
AMOUNT
OF
SALES
BWP/Year
35.00
1
050
000.00
40.00
3
840
000.00
64 tons
15
4
890
000.00
SALARIES
DESCRIPTION
Number
Amount / Month
Total
Amount/Year
Managing Director
5,000.00
60,000.00
Supervisor
3,000.00
36,000.00
Driver
2,000.00
24,000.00
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Laborers
15
Total
144,000
264,000
5,020,000.00
LESS: COSTS
Fertilizers,
Seedlings
Chemicals,
Packaging
119 179.10
264,000.00
Fuel ( Transport )
72,000.00
Advertising& Promotion
50 000.00
15 000.00
Maintenance
60 000.00
Bank Charges
6 000.00
Stationery
6 000.00
Insurance
12 000.00
9 600.00
20 000.00
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TOTAL COSTS
633,779.10
PROFIT ( PROJECTED )
4,386,220.90
Revenue
No
.
Item
Produce (See
sales above)
Total
Revenue
projected
200,000.00
Production Costs
Item
Quantity
Unit Cost
Total Cost
Seed
3*100g
1200.00
3600.00
Fertilizer;2:3:1 LAN
10*50kg
400.00
4,000.00
5*50kg
400.00
2,000.00
Pesticides (Various)
2,000.00
Ploughing
1.000.00
Labour:
Production
Seedling
18md
40.00
720.00
38md
40.00
1,520.00
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Land Preparation
19md
40.00
760.00
Irrigation
26md
40.00
1,040.00
Transplanting
47md
40.00
1,880.00
Weeding
14md
40.00
560.00
10md
40.00
400.00
Pest Control
Top Dressing
19,480.00
c Marketing Costs
8
Harvesting
235
Hours
Man
20.00
4,700.00
Empty Bags
2000
3.00
6,000.00
10
Transport to Market
2000
3.00
6,000.00
11
16,700.00
12
Total VC (7+11)
36,180.00
13
163,820.00
32 | P a g e
Revenue
No
.
Item
Produce (See
sales above)
Total
Revenue
projected
487,500.00
Production Costs
Item
Quantity
Unit Cost
Total Cost
Seed
160g
2000.00
3200.00
Fertilizer;2:3:1
Phosphate
10*50kg
400.00
4,000.00
3*50kg
400.00
1,200.00
Potassium
Pesticides (Various)
1,200.00
Ploughing
1,000.00
Labour:
Seedling
45md
40.00
1,800.00
33 | P a g e
Production
64md
40.00
2,560.00
Land Preparation
22md
40.00
880.00
Irrigation
60md
40.00
2400.00
26md
40.00
1040.00
72md
40.00
2,880.00
15md
40.00
600.00
4md
40.00
160.00
Staking
Transplanting
Weeding
Pest Control
Top Dressing
22,920
c Marketing Costs
8
Harvesting
235
Hours
Man
20.00
4,700.00
Empty Bags
3000 boxes
3.00
6,000.00
10
Transport to Market
2000 bags
3.00
6,000.00
11
16,700.00
12
Total VC (7+11)
39,620.00
13
447,880.00
34 | P a g e
Revenue
No
.
Item
Quantity
Unit
BWP
Produce (40tonnes)
4000*10kg
10.00
40,000.00
Item
Quantity
Unit Cost
Total Cost
Seed
3kg
300.00
900.00
Fertilizer;2:3:2
10*50kg
200.00
1800.00
450kg
200.00
1050.00
Price
Total
Revenue
Production Costs
Pesticides (Various)
200.00
Ploughing
500.00
Labour:
Seedling
23md
20.00
460.00
35 | P a g e
Production
102md
20.00
2,040.00
Land Preparation
22md
20.00
440.00
Irrigation
201md
20.00
4020.00
Transplanting
105md
20.00
2100.00
Weeding
5md
20.00
100.00
11md
20.00
220.00
Pest Control
Top Dressing
14,780.00
c Marketing Costs
8
Harvesting
80 md
20.00
1,600.00
Empty Bags
4000
1.00
4,000.00
10
Transport to Market
4,000
0.50
2000.00
11
7,600.00
12
Total VC (7+11)
22,380.00
13
17,620.00
DECLARATION
We_______________________________________________solely declare
information is to the best of our knowledge true and correct.
that
the
above
36 | P a g e
37 | P a g e