Business plan for 10 year lease

Obi Wan

Member
Location
Argyll
Hello All, I'm looking to put together a business plan to tender for the lease of a larger unit. I'd really like it to be as up to date with current teachings and trends as possible, I wondering if there's any super boffins out there in this field I should be contacting - or perhaps top class students wanting to earn some side cash etc ?

It's a livestock farm which has previously ran 120 sucklers & followers (housed at winter) selling store the following spring - 500 lowland ewes - 40ac S/B.

The unit will be empty as current lease holder is selling up / finishing in April 2022. I opted to give uni a miss but I think I could of probably learnt so important skills on how to structure and approach this next step.

Currently on a smaller tenancy with expensive annual rents spread over a 30mile stretch - all livestock/machinery owned - good credit rating & relations with bank - expanded every year since business started.

I'm planning to contact a friend who's daughter's at Craibstone but thought it was worth posting here as well.

Not long now until the chaos of Christmas morning, hope you all have a great day tomorrow and thanks for reading.
 

Mc115reed

Member
Livestock Farmer
Hello All, I'm looking to put together a business plan to tender for the lease of a larger unit. I'd really like it to be as up to date with current teachings and trends as possible, I wondering if there's any super boffins out there in this field I should be contacting - or perhaps top class students wanting to earn some side cash etc ?

It's a livestock farm which has previously ran 120 sucklers & followers (housed at winter) selling store the following spring - 500 lowland ewes - 40ac S/B.

The unit will be empty as current lease holder is selling up / finishing in April 2022. I opted to give uni a miss but I think I could of probably learnt so important skills on how to structure and approach this next step.

Currently on a smaller tenancy with expensive annual rents spread over a 30mile stretch - all livestock/machinery owned - good credit rating & relations with bank - expanded every year since business started.

I'm planning to contact a friend who's daughter's at Craibstone but thought it was worth posting here as well.

Not long now until the chaos of Christmas morning, hope you all have a great day tomorrow and thanks for reading.

There’s lots of company’s out there that will write a business plan for you and structure it correctly etc... personally would rather write it myself as it’s a show of your understanding and capability...

A quick google search should fetch a company up... cost about £1000+ to have them write you one
 

Obi Wan

Member
Location
Argyll
There’s lots of company’s out there that will write a business plan for you and structure it correctly etc... personally would rather write it myself as it’s a show of your understanding and capability...

A quick google search should fetch a company up... cost about £1000+ to have them write you one

Hi thanks for the info, yes I'm looking to keep this as much of my own work as possible - I've seen generic type business plans online but I'm looking to avoid that. I'd like to present various options that shows strategy and resilience towards changing farming policies.
 

spin cycle

Member
Location
north norfolk
1/ write down the numbers financial and physical you're doing now
2/ write down the numbers for the new unit as you'd like to see
3/ evaluate how 1 transforms into 2 ....extra capital ect
4/ work out how to get 3 to work

be a start/good excersize :)
 

Anymulewilldo

Member
Livestock Farmer
Location
Cheshire
1/ write down the numbers financial and physical you're doing now
2/ write down the numbers for the new unit as you'd like to see
3/ evaluate how 1 transforms into 2 ....extra capital ect
4/ work out how to get 3 to work

be a start/good excersize :)
5) if somehow you are making a fortune by year 3, go back and see what you did wrong. They tend to be wary of people who claimthey will make an easy profit quickly. It's usually at the expense of something else. ?
Nowt like writing it yourself. Good luck!
 

Formatted

Member
Livestock Farmer
Work out what you want to earn after interest, tax and depreciation and work backwards. Land agent will charge you £1,200 and it does not guarantee success
 

Surgery

Member
Location
Oxford
Work out what you want to earn after interest, tax and depreciation and work backwards. Land agent will charge you £1,200 and it does not guarantee success
And the agent will talk to other agents etc , bugger that. Send a copy of your tender to the owner along with the acting agent and the last possible moment , gives no chance for the brown paper envelope to be passed.
 

Mc115reed

Member
Livestock Farmer
do your budgets etc, carefully cost everything out, and when/if you show a profit at the end, 1/2 that, and see if everything still adds up.

If I halved the tenancy proposal iv just submitted I think I’d be eating bread and butter for the rest of my life lol at least I was a realistic and not in dream land on what returns I expected too receive and what costs I was likely too incur I guess !
 

Agrivator

Member
Hello All, I'm looking to put together a business plan to tender for the lease of a larger unit. I'd really like it to be as up to date with current teachings and trends as possible, I wondering if there's any super boffins out there in this field I should be contacting - or perhaps top class students wanting to earn some side cash etc ?

It's a livestock farm which has previously ran 120 sucklers & followers (housed at winter) selling store the following spring - 500 lowland ewes - 40ac S/B.

The unit will be empty as current lease holder is selling up / finishing in April 2022. I opted to give uni a miss but I think I could of probably learnt so important skills on how to structure and approach this next step.

Currently on a smaller tenancy with expensive annual rents spread over a 30mile stretch - all livestock/machinery owned - good credit rating & relations with bank - expanded every year since business started.

I'm planning to contact a friend who's daughter's at Craibstone but thought it was worth posting here as well.

Not long now until the chaos of Christmas morning, hope you all have a great day tomorrow and thanks for reading.


Do you have excel. If so. I can send you my own forward budget, which is simple and easily understood by bank managers and Landlords - but I'm not too sure about their land-agents.
 

som farmer

Member
Livestock Farmer
Location
somerset
If I halved the tenancy proposal iv just submitted I think I’d be eating bread and butter for the rest of my life lol at least I was a realistic and not in dream land on what returns I expected too receive and what costs I was likely too incur I guess !
I didn't say 1/2 the proposal, 1/2 the profit, because something will come along, and bite you in the bum. Mine was BSE, all my hard come by money, was lost in 6 months by valuation drop ! Bought everything just before bse struck, and wheat prices went from £125 to £65 as well !
 

Top Tip.

Member
Location
highland
I didn't say 1/2 the proposal, 1/2 the profit, because something will come along, and bite you in the bum. Mine was BSE, all my hard come by money, was lost in 6 months by valuation drop ! Bought everything just before bse struck, and wheat prices went from £125 to £65 as well !
Been there got the t shirt, but we are still here. Anyone can write a business plan,I used SAC to write mine but 6 months after it was written and bse had struck its only use was toilet paper. The most important decision you will make is who you have as referees because I know that was what swung it for me.
 

Mc115reed

Member
Livestock Farmer
I didn't say 1/2 the proposal, 1/2 the profit, because something will come along, and bite you in the bum. Mine was BSE, all my hard come by money, was lost in 6 months by valuation drop ! Bought everything just before bse struck, and wheat prices went from £125 to £65 as well !

Half my profit would be £9k so would be a tough ole year [emoji28][emoji28][emoji28]
 

Obi Wan

Member
Location
Argyll
Sac will do it for you. If you subscribe to them you might get a discount

I'll contact them and sound out pricing structures, thanks for advice

You need ownership of any proposal so not only do you understand it but more importantly, you can sell it to your landlord with conviction

Will have a far greater chance of success by the time you are on Mark IV of the plan

Yes I've run this one over in my head probably 1000 times in the last 5-6 years so I'll probably go it alone once I find a suitable structure for delivery.

Try including a “no subsidy” scenario if possible, to demonstrate that you are as future proof as possible and not reliant on them.

That's definitely in the plan, extensive low input.

Not much help but good luck this industry needs you.

Thanks for the encouragement - people need to eat.

The most important decision you will make is who you have as referees because I know that was what swung it for me.

Yes I've been wading through the delicate intricacies of this for the last few years. In local context it's a reasonably desirable unit but it has the problem of a previous family who were removed thinking they should get a second attempt by default. I've keep my head below the radar to avoid any problems for now.
 

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HSENI names new farm safety champions

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Written by William Kellett from Agriland

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The Health and Safety Executive for Northern Ireland (HSENI) alongside the Farm Safety Partnership (FSP), has named new farm safety champions and commended the outstanding work on farm safety that has been carried out in the farming community in the last 20 years.

Two of these champions are Malcom Downey, retired principal inspector for the Agri/Food team in HSENI and Harry Sinclair, current chair of the Farm Safety Partnership and former president of the Ulster Farmers’ Union (UFU).

Improving farm safety is the key aim of HSENI’s and the FSP’s work and...
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