Section2 Seat 16 Black Sheep Farm

To become the newest travel destination
Black sheep farm

Company owner
1. Mr. Sarawut
Manora
(General Manager)
2. Miss. Juthamard
Bwonratakul
(Feeding Zone Manager)
3. Miss. Bowonrat
Tritanon
(Restaurant Zone Manager )
4. Mr. Naruewat
Pongpattananukul
(Souvenir Zone Manager)
5. Mr. Kawin
Chusilkitcharoen
(Marketing Manager)
6. Mr. Wiroon
Pratuangsin
(Human Resource Manager)
7. Miss.Thamonwan
Fonhthong
(Accounting/Financial Manager)
8. Miss Nopparat
Boontod
Company
Ban Don Kaew, Mae-Rim, Chiang-Mai 50180
Preface
This report is a part of Project Feasibility Study and Evaluation 1203302. This project
analyzes data from the real situation for investor who would like to invest. Which relate to
management for apply in real life effective. The subject substance consists of company
introduction part, nature of industry part, market feasibility and study part, investment part,
operation part, organization part, financial part, risk management part and conclusion part.
We had decided to select sheep farm business because this business is new in Chang Mai
Province and many people interest and very famous now. We made this report by applies the
skill and knowledge from many branches to analyze the opportunities and feasibilities of the
business.
The objective of this project was to provide the project feasibility of tourist attraction
business, study the market and trends, and calculate financial factors of this business. In
addition, the benefit of this project is for knowing feasibility of this project and financial for
proceeding this business. Also, the situation and the trends of tourism industry is needed and
understanding behavior of tourist.
Finally, we hope our Black Sheep Farm will be useful for many people who interest
this business and bring this information to apply in their business for useful.
Sincere,
1. Mr. Sarawut
Manora
2. Miss. Juthamard
Bwonratakul
3. Miss. Bowonrat
Tritanon
4. Mr. Naruewat
Pongpattananukul
5. Mr. Kawin
Chusilkitcharoen
6. Mr. Wiroon
Pratuangsin
7. Miss.Thamonwan
Fonhthong
8. Miss Nopparat
Boontod
Executive Summary
Black Sheep Farm we do business because Sheep farm as an alternative in the animal
economy in Thailand because sheep is small animals, relatively easy to care management and
give birth faster. This project will make we know more about sheep farm, headway of
industry and learn how to success by planning and create product or service for guest. And in
Chiang Mai the north of Thailand are the big city and popular of tourism in cold season begin
its opening market or attractive area. When guests come to farm will have make work and
money. Black Sheep Farm aims to study the build a sheeps farm in Mae Rim, by learning the
environment, structure of the country and to analysis marketing plan. Planning sheep
products can help create new product in our farm. The business will grow up and make
benefits by sheep its main product to promote guests for another of products or services such
as entrance ticket, wool, sheeps milk campground area, Souvenir shop, coffee shop and
restaurant etc.,
The Nature of Industry Sheep farming business is a business that being popularity
nowadays. Thailand has many sheep farming interesting. "Sheep" is small ruminants. Eat
grass is essentially the same as cattle but feed less quantity and use less space for rearing.
Present breed of sheep reared in a mostly are native species. The market for sheep meat is
good and bright. Have large market in the southern, central and east the consumers are mostly
Muslim.
Sheep farm is the new travel destination and we different from other destinations and
we wants to give relax destination to travelers. We try to plan the good strategies that
appropriate with our business. The first thing we surveyed the location at Chiang Mai
because this business do not have in Chiang Mai and we have less of competitors. Now sheep
farm is very attract to travelers but we do not have experience about sheep farm before we
need to find more information and need questionnaire in our sheep farm that what customers
want to improve. After we get enough information we will build the strength sheep farm to
provide travelers. The Vision of Black Sheep Farm is to become the newest travel
destination. We provide high quality standard and high value standard of product and
services, learn more about to development all the time, development of sheeps farm to have
a good management and have to make the customers satisfy with our product and loyalty
with our product.
Content
Company Owner........................................................................................................................1
Preface........................................................................................................................................2
Executive Summary.................................................................................................................. 3
Chapter 1Introduction.............................................................................................................9
1.1 Background and signification of the project .....................................................................10
1.2 Project objective ................................................................................................................12
1.3 Benefit of project................................................................................................................12
1.4 Activities and Time frame of study....................................................................................13
Chapter 2 Industry Profile....................................................................................................14
2.1 Nature of Industry..................................................................................................15
2.2 Situation of Industry.............................................................................................. 20
2.3 Product and service............................................................................................... 21
2.4 Vision of our business........................................................................................... 22
2.5 Mission of our business.....22
2.6 Strategies of the companies...................................................................................22
2.6.1 Corporate level strategies........................................................................22
2.6.2 Business level strategy............................................................................22
2.6.3 Functional level strategy.23
Chapter 3 Market feasibility study...................................................................................... 25
3.1 Marketing Analysis............................................................................................................26
3.1.1 General Environment Analysis...........................................................................26
3.1.1.1 Internal factor.......................................................................................26
3.1.1.2 External factor..................................................................................... 26
3.1.1.3 Summary of the General Environment Analysis.................................28
3.1.2 Competition Analysis..........................................................................................28
3.2 STP analysis................................................................................................................... ...30
3.3 Marketing mix strategy......................................................................................................31
3.3.1 Product................................................................................................................31
3.3.2 Price ................................................................................................................................31
3.3.3 Place ...............................................................................................................................33
3.3.4 Promotion .......................................................................................................................33
3.4 Sales Forecast/Profit Estimation .......................................................................................34
Year 1 ..........................................................................................................................34
Year 2 ..........................................................................................................................34
Year 3 ..........................................................................................................................34
Year 4 ..........................................................................................................................34
Year 5 ......................................................................................................................... 34
Total sale .....................................................................................................................34
Chapter 4 Investment cost ....................................................................................................37
4.1 Product and operations analysis ....................................................................................... 38
4.1.1 Product Characteristics....................................................................................... 38
4.2 Location..............................................................................................................................42
4.3 Facility layout.....................................................................................................................44
4.4 Facilities Management...................................................................................................... 47
4.5 Equipment and tools...........................................................................................................48
4.6 cost of Investment..............................................................................................................48
4.7 Investment cost...................................................................................................................49
4.8 Depreciation Investment cost.............................................................................................52
Chapter 5 Operations cost ................................................................................................... 55
5.1 Cost of goods sold............................................................................................................. 56
5.2 Cost of labor (per month............................................................................................... 61
5.3 Overhead Cost (per year)...62
Chapter 6 Administration Cost ........................................................................................... 65
6.1 Administrative........................................................................................................ 66
6.2 Management analysis..................................................................................................... 71
6.3.1 Organization Chart ........................................................................................................ 72
Description the characters and duties of employee .................................................... 73
Chapter 7 Financing.............................................................................................................. 75
7.1 Initial investment............................................................................................................... 77
7.2 Source of funds.................................................................................................................. 77
7.3 Profit and loss statement................................................................................................... 80
7.4 State of cash flow ............................................................................................................. 83
7.5 Balance Sheet ................................................................................................................... 88
7.6 Payback period.................................................................................................................. 92

Chapter 8 Risk management.93
8.1 Risk management analysis ................................................................................................95
8.1.1 Competitor risk ...............................................................................................................95
8.1.2 External risk ...................................................................................................................95
8.1.3 Internal Risk .................................................................................................................. 96
8.2 Financial Risk ................................................................................................................. 103
8.2.1 Risk of sale decrease 5%, 10%, and 15% for 5 Years...................................................103
8.2.2 Risk of cost increase 5%, 10%, and 15% for 5 Years ................................................. 105
Chapter 9 Summary ........................................................................................................... 108
Chapter 1
Introduction
Chapter 1Introduction
1.1 Background and signification of the project
Sheep farming is a business that can generate income in multiple channels are a new
business with a high growth rate of sheep as an animal that can be sold almost all parts of the
body, sheep are still bred for both meat and wool production, while some producers raise
sheep for milking. With declining wool demand and production, mainly due to the
development and acceptance of man-made synthetic fibers, some producers have shifted their
efforts to raising hair sheep, which require little or no shearing, while still producing highquality carcasses. One important aspect of the sheep industry that often goes without mention
is their value in grazing vegetation. Sheep help prevent wildfires by eating grass and brush
that fuel these fires. They also help control invasive and noxious weeds on public and private
lands throughout the nation.1
Sheep farm as an alternative in the animal economy in Thailand because sheep is
small animals, relatively easy to care management and give birth faster. However, in this
industry have not been very popular to raising sheep in Thailand majority of relatively
underdeveloped. Topography and climate affect raising sheep. Breeding sheep to the suitable
regions such as winter in northern can raising sheep long fur and can be used the benefits of
wool.
Sheep farming in Thailand2
Native sheep are feasting in the two species is a short-tailed most common in the
South. The shape and size like a native of the Malaysia, which is called Malin (Malin;
Malaysian indigenous breed). Adult of males have a weight of 25-30 kg, female weight 20 to
25 kg (Rajion et al., 1993), but the disadvantage is a little slow growth will not be adopted in
the industry.
United States Department of Agriculture (USDA), retrieve December 12, 2012, from
http://usda01.library.cornell.edu/usda/current/ShpGtInd/ShpGtInd-08-09-2011.pdf
Study on Appropriate species of sheep, retrieve December 12, 2011, from

http://161.246.67.22/aganimal_v2/THeSiS-DoC/9e3aadf59028698c884f015acaf89b3f.pdf
10
long-tailed sheep may be called Thailand long-tailed sheep breeds (Siamese or Thai
long tail) is native sheep rearing in Northern have the body bigger and wool longer than
native sheep in South and can grow in the environment of the country as well.
Most purebred sheep imported from the West Country

1. Dorset
5. Katahdin
2. Suffork
6. Corriedale
3. Barbados
7. Merino
4. Dorper
8. Santa Ines
The number of sheep farming and farmers is the region number

Sheep
Famers
Region
Male
female
Total
Household
North
1,429
2,597
4,026
135
Northeast
768
1,619
2,387
121
Central
3,438
9,996
13,434
312
South
7,770
15,522
23,292
4,503
Total
13,405
29,734
43,139
5,071
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1.2 Project Objective

1. To analyze marketing of sheep farm in Chiang Mai province.
2. To analyze the financial risk feasibility.
3. To study about the operation process of sheep farm includes restaurants and lodgings.
4. To study about situation of sheep farm in nowadays.
5. To know how to success in sheep farm business.
6. To summary the feasibility of sheep farm business in Chiang Mai province.
1.3 Benefits of project

This objective aims to study the build a sheeps farm in Mae Rim, by learning the
environment, structure of the country and to analysis marketing plan. Planning sheep
products can help create new product in our farm. Five years after grow up it make benefits,
sheep its main product to promote guests for another of products or services such as entrance
ticket, wool, sheeps milk campground area, Souvenir shop, coffee shop and restaurant etc.,
could already be receive from guests. Currently, we are getting our sheep requirement from
Sheep breeders. In five years time and with our ongoing expansion, we are planning to
double our production output and aiming to have more products from sheep.
This project will make we know more about sheep farm, headway of industry and learn how
to success by planning and create product or service for guest. And in Chiang Mai the north
of Thailand are the big city and popular of tourism in cold season begin its opening market or
attractive area. When guests come to farm will have make work and money. It is too popular
for to
12
1.4 Activities and Time frame of study

Project
November
1
December
4
January
4
Febru
ary
1 2
To learn chapter 1 ,select

the group of project 8
persons
To learn chapter 1-2

,select the topic of project
To search information ,
make the introduction
and industry profile of
the project
To learn chapter 3 and

analyze market
feasibility study
To learn chapter 4-6,

calculate the investment
cost, production
operations analysis and
administration analysis
To learn chapter 7-8,
calculate financial
analysis and analyze the
risk management
Make a conclusion of
project
To check the report of

the project and prepare
the information that
present the project in
class
13
Chapter 2
Industry Profile
14
Chapter 2 Industry Profile

2.1 Nature of Industry
Department of Livestock Development breeds Sheep to promote
1. Sheep Katahdin
Department of Animal Breeding are supported the Institute for Rock win. 2532 was
the year the U.S. sheep meat to adapt to the environment as well. Fed by the natural pasture
without concentrate Means shed when the weather is hot. Tolerate worms in sheep than other
species meat good quality no unpleasant odor. 2.5 to 3.1 kg birth weight, weaning weight 1820 kg fully grown male weighs 90 kg, 55-60 kg female.
15
2. Sheep Santa ines
Sheep is meat from Brazil that the year 2540 is concentrated, large ear curved front with
multi-colored birth weight, weaning weight 2.5 to 3.5 kg, 18-20 kg, 80-90 kg fully grown
male weighs 60 kg femal.
3. Sheep Barbados Blackbelly
There is a Mutton native to the islands of Barbados. the Caribbean. Light to dark
brown. And under the chin with a black eye and an ear on the website listed at the
bottom of the legs down to. The effect is prolific. High twin birth rate 60.8%, even
lambs weigh 45 kg reproductive litter size from 1.5 to 2.3 the same litter birth weight,
weaning weight 2.8 kg 3.0 kg twin 4 month old twin sons are 1.7 kg and 13.4 kg.
weight times the males 68-90 kg 40-59 kg female
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4. Sheep dorper
Lamb of high quality. Can adapt to various environments and can tolerate dry white
body black head without him.
Food eating habits of sheep.

Can sheep eat grass species and shrubs are. I should let them dry for a
vegetable while it is still fresh. Sheep may have bloating. Vegetables because they
contain a lot of water. And the pesticides used in vegetables as well. Sheep grazing the
unique sequences, even if the grass is too old to continue. I have a lot of grass eating
sheep, but it is a very soft grass. The sheep or lambs older age should be raised in a
small pasture with sheep because these teeth very well. Cutting the grass in the grass at
a time will be less. Sheep grazing in a release. Should be left to graze sheep with height
between 4-8 inches off the ground and keep the grass short. The sheep in rubber
plantations like mango, tamarind fruit, jackfruit and so on to help get rid of weeds.
Sheep can eat fruit that has fallen as well. In addition to the shade of a tree to avoid hot
sun, but should not be carved into the garden, fruit orchard in the fall is to fall in the
first place because you might be eating too much can cause bloating. If it is a party will
not have much trouble.
17
Eating habits On raising the grazing.

Sheep will eat the food as far as 6-8 km per day
3-6% total edible weight. (If sheep eat grass 30 kg live weight per day, 3 kg / h).
sheep eating grass, shrubs 70% 30% 72% goat eating grass, shrubs 28%.
If the cell is 0.68 liters of water per day / the release of 2 liters / cow.
It takes 12% of all ruminants fed 30% forage and 12% and 46%.
Cut the leaves to eat.
1. Cutting Leaves should not eat more than 1 in 3 of the grass.
2. Cutting branches with leaves, branches, should not you too old leaves.
3. Should cut the plant such as leaves, nuts, Acacia Capital Shopping Gul Lang mother
pregnant sheep. Or are breastfeeding.
4. Should be cut above the ground, not less than 1 meter.
5. Tie the branches above. The sheep have to eat.
6. Cutting Leaves for more than two kinds of sheep eating. 2-3 of plant and tree houses
to eat and to the fence.
Shade
7. Should leave the sheep down to the circulation 4-5 weeks for conversion efficiency
and shorten the cycle.
Parasite
8. Should let the sheep out to pasture after late frosts already. If it should be cut off for
the afternoon and cut.
Above the ground to prevent infection.
18
Site preparation and catering equipment.
Housing should provide the fold. Sun and rain canopy platform for easy
cleaning. With water and food. Tracks are long enough to eat all the food own. And that
the barrier to the other eats that much stronger. And if possible the Fence for sheep in
sheep, even small children or pregnant mother sheep pen.
In sheep in the pen be slat is 1.5 cm to 1.3 cm small sheep feces and urine into the soil.
The stalls are clean and dry. And help prevent infections that may be available to come
to you. Data collection and use of stable manure.
Fenced pasture may be made from local materials such as wood canes are cheap or
fishing nets.
Device should have a knife and scissors to trim hooves. To prevent hoof rot.
Rake out the dirt that niche. Cut the excess proliferation. Cut to the correct hoof.
Should regularly check hooves of sheep regularly. (Trim hooves once a month),
especially sheep fed prison time may drop a large stone in the paddock.
3
Kip looks stronger at the surface is not smooth, no cracks or tear things pile up.
Department of Livestock Development http://www.dld.go.th/service/sheep/type.html
Department of Livestock Development www.dld.go.th/pvlo_cnt/mon/mon11.doc
19
2.2 Situation of sheep farm in Thailand4

The "Sheep" are not the animal economy and not rigorously promoted by
government agencies but the sheep became to protagonist of many attractions of
agricultural tourism in Thailand. In the future sheep will be a star front of the camera of
tourist and sheep will become a source of comprehensive agricultural tourism. Now
"Romantic Farm" of "Niwat Chitsakul" is full option of sheep farms in Pai, Mae Hong
Son province and he is not the only selling point for tourists to enjoy but he will be
develop sheep farm for wool, milk and meat to bring out upgraded into a premium
product and coupled with a sustainable business model for development of a livestock
into agricultural tourism business as well but from the past until today is very hard
Niwat accept that its not easy. It requires knowledge of the field and techniques to
meet the standard.
From analysis nowadays sheep farm in Thailand has developed a lot, both
of sheep farm for sheep meat and sheep farm for tourism. The present have many sheep
farm in Thailand such as Hug You Farm at Lampang province, Swiss Sheep Farm at
Cha-am etc. every farm build the sheep farm for tourism such as take a photo with
sheep, feed to sheep, eat some meal with sheep meat etc. The present business about
sheep farm is very popular because we can touch, we can feed, and we can take a
photo, with sheep and also sit and relax, see the good view, eat something good and
buy something at souvenir shop at the farm also promote agricultural growth in the
country as well.
Sheep farm in each place is not different by sheep farm will be built on the
good location such as on the mountain for good view and good atmosphere then they
will be create the thing for tourist can take a photo such as building, trough, some chair
and table for sit and relax. This business can make a good profit because less invest but
always receive money. Today sheep farm happen in many place in Thailand and tend to
have more in the future
http://www.komchadluek.net,

,January29,2013
20
2.3Products and service

Products:
-
Sheeps farm
-
Able feed sheep Fee , Milk , Grass
Take a photo
Restaurant and coffee shop

Foods:
Lamp Steak
Spaghetti Carbonara
Beef Steak
Spaghetti Bolognese
Chicken Steak
Caesar Salad
Pork Steak
Beverages:
Cocoa
Lemon tea
Caf latte
Mineral drink
Cappuccino
Blueberry smoothly
Mocha
Strawberry smoothly
Homemade Bakery:
Chocolate cake
Cheesecake
Crepe cake
-
Souvenir shop
Sheeps doll
Postcard
Key chain
T-shirt
Products from wool
21
2.4 Vision
2.5 Mission
1. Provide high quality standard and high value standard of product and services
2. Learn more about to development all the time
3. Development of sheeps farm to have a good management
4. Have to make the customers satisfy with our product and loyalty with our product
2.6 Strategies of the companies

Black sheep farm is the new travel destination and we different from other
destinations and we wants to give relax destination to travelers. We try to plan the good
strategies that appropriate with our business. The first thing we surveyed the location that
between Chiang Mai Chiang Rai because this business do not have in Chiang Mai - Chiang
Rai and we have less of competitors. Now sheep farm is very attract to travelers but we do
not have experience about Black sheep farm before we need to find more information and
need questionnaire in our Black sheep farm that what customers want to improve. After we
get enough information we will build the strength Black sheep farm to provide travelers.
2.6.1 Corporate level strategies

We will use growth strategies concepts because now most of Thai people like to visit
nice place like a sheep farm. In Chiang Rai, there have small sheep farm but not famous less
of people have known that. So we can attract traveler by promote and build nice
establishment, provide the good service and good quality product for them. If we have
professional we will expand our farm and development for sustainable business.
2.6.2 Business level strategy

This way can help us to know about advantage of competition than competitors. We
will aim to improve competitiveness and seeks to increase profit in business and we can
attract traveler more than competitors. We have souvenir that suitable price and provide tent
for rent, space and restaurant for response customers requirement.
22
2.6.2.1 Competitive advantages

The differentiation of our Black sheep farm from business others sheep farm because
we concern about customers satisfy from visited our farm. So we provide high quality service
and train employees to be professional.
2.6.2.2 Cost leadership

Our business set standardized rate price and services in moderate price to attract more
customers. We also provide the best product and best services the same quality not lower than
our standard for customers and the price of our products in price-sensitive to received sales
increased and high profit.
2.6.2.3 Quick-response
Our businesses have many indirect competitors in location although not in sheep farm
style but also have interest destination nearby too. So we have challenge with competitors in
quality and service. We have quick response of customers feedback. We try to improve our
business in current situation to support customer needs and wants to attract customer from
other competitors.
2.6.2.4 Focus
The main target market of our business is people in Chiang Rai and Chiang Mai
because we try to focus on people who travel pass our location, family is looking for their
weekend or holiday. To respond their need and make them satisfy with our farm and services.
So we hope them come again and SWOT.
2.6.3 Functional level strategy

This is important part of business and it can help our business to earn more profit that
relate with many parts include Marketing, Human resource, Research and Development,
Financial and Accounting.
2.6.3.1 Marketing
Our company use marketing by focus on our farm style and have good infrastructure
that can provide or fulfill good experience for customer in a suitable price for customers
23
group and our strategy is quick respond in every situation. We plan to the improvement and
develop our travel destination to successful.
2.6.3.2 Producing
Our business there are the souvenir is famous in the location that match with
customers want which make customers highest satisfaction with good service for them.
2.6.3.3 Research and Development

Our business makes the questionnaire for customers to know that feedback from them
and improve the problems and develop it.
2.6.3.34 Accounting
Our business wants the staffs that have more knowledge and up to date information
usually for easy to make decision to buy and reduce unnecessary costs.
2.6.3.5 Financial
Our sheep farm wants the staffs that have many skill of professional financial and
concern about return investment and make the profit for business.
2.6.3.6 Human resource management

Our business chooses staff directly from our company by us consideration about the
skills and qualification that meet the requirement in each position.
24
Chapter 3
Marketing feasibility study & Analysis
25
Chapter 3 Marketing feasibility study & Analysis

3.1 Marketing analysis
3.1.1 General Environment analysis
Environmental of organization are consist of two type; internal and external factor.
3.1.1.1 Internal Factor
The environmental factors within the organization the control consist of corporate
shareholder, owner, staff and corporate culture, etc. Our farm have operating is clear and
clean, and we will train about process of manufacturing, product and service for employee in
each department. Actually we make good environment into organization.
3.1.1.2 External Factor (PEST)
Political factor
Senate Speaker Nikom Wairatpanich said Senate committees had organized seminars
on Asean-related issues. Senators will review Thai laws that need to be changed, educate the
civic sector about the coming changes, and stimulate the government to prepare the
economic, social and cultural infrastructure.
"We have three years - I think in three years we can develop our human resources to
understand the ideology of ASEAN, which stresses connectivity and unity, and have good
English ability. We are grouping what to do for our staff on various categories of work.
Finally, they have to well be able to support the work of Parliament and MPs," he said.
In this order it made a chance to our business because Chiang Rai will improve in
every factor to travel destination before AEC opening.
Referent: http://www.nationmultimedia.com/politics/
26
Economic factor
The Thai economy in 2013 will continue to grow, but all sectors need to manage risk
effectively and cope with many challenge. Governor of the Bank of Thailand Prasarn
Trairatvorakul stated that since many risks and challenges are lying ahead, the public and
private sectors, as well as individuals, in Thai society should build self-immunization from
external threats, for the sake of the countrys healthy economic growth.
He said that the Thai economy would still depend mainly on domestic drive during
the global economic slump. More investment is likely to be seen, as investors remain
confident in the countrys overall economy. Thailand also needs to be prepared for the
ASEAN Economic Community in the near future, when more capital would flow in for
investment in the Governments mega projects. This would create a favorable investment
atmosphere for the private sector. For this reason, the central bank governor believed that the
Thai economy in 2013 would expand by 4.6 percent. And the efficient spending by the public
sector would help drive the economy and cope with short-term risks. The Governments
investment through major infrastructure projects would also play a key role in stimulating the
countrys economy. In the overall picture, government agencies, as public service providers,
would also help the country deal with risk management through various measures, such as
price stability and appropriate economic stimulation.
Social factor
Entrepreneurs of SMEs in Thailand are more than 2.9 million business or99.6 percent
of the whole enterprise in Thailand. According to this information government support for
SMEs business is very good chance for sheep farm is one of the SMEs businesses to open a
business is easy and run. And near future AEC will opening in 2015, Chiang Rai provinces
will a travel destination in Northern of Thailand.
Technology factor
Nowadays situation of technology is continuous development so it makes many
advantages to our business. We can take new trend of globalization and we can use
technology in advertising via social network or etc.
Referent: http://thailand.prd.go.th/view_news.php?id=6559&a=2
Referent: http://thailand.prd.go.th/view_news.php?id=6523&a=3
27
3.1.1.3 Summary of general environment analysis

For this part, the impact of political and economic is not negative with sheep farm
because the farm will do sufficiency and suitable for many target group to visit and relax at
the farm. Therefore in social factor, Chiang Rai will have growth rate of tourist in every year,
so we can use benefit from each factor to effectively.
3.1.2 Competition analysis
3.1.2.1 Direct competitor
1. Hug You Lampang
Hug You located on 342 moo2 Kohka District, Lampang, it far from town around
fifteen kilometer. This farm decorate in chic and boutique style, and they focus on traveler to
take a photo and souvenir shop, then they has a product by sheep such as milk, cookies,
postcard and etc.
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3.1.2.2 Indirect Competitor

1. Chiang Mai Zoo
Chiang Mai zoo is locate near Doi Suthep on Huai Kaew Rd., Muang District, Chiang
Mai. They open at 08.00-17.00, they is a large zoo and have many type of animal. So they
has own aquarium which is the longest aquarium of the world.
29
3.1.2.3 Summary of competitor analysis

The competitors of sheep farm are low direct and low indirect competitor because this
is a new trend and still not widely known. However sheep farm must be an investment and
need to appropriate location. So we can use this advantage for make a business in area of
border Chiang Rai and Chiang Mai.
3.2 STP analysis
Segmentation
We separate our market according to consume service as follow:
1. Occupancy
- Student
- Private business
- Government officer
30
2. Income per month

- Less than 5,000 baht
- 5,000 10,000 baht
- 10,001 15,000 baht
- More than 15,001 baht
3. Hometown
- Local people
- Thailand
- Other countries
Target market
Our target market are local people and travelers who get income around 5,000
10,000 baht per month. In our farm are activities that suitable for travelers who come with
their family or their friends.
Positioning
The position of our sheeps farm is a new travel destination in Chiang Mai. Our
sheeps farm provides the activities that suitable for family and friends such as; feeding
sheep, take a photo, and dining. In our sheeps farm has 3 zones; dining zone, souvenir zone,
feeding zone, for travelers enjoy with our sheeps farm. Dining zone, we will recommend our
guests to taste product of lamp; lamp steak, sheeps milk, and homemade bakery (made from
sheeps milk). If guests want something to remind them, souvenir shop is available in
souvenir zone. The last zone, feeding zone is the zone attracted travelers to enjoy our sheeps
farm.
3.3 Marketing mix strategy
The Marketing Mix Strategies are often referred to as the Four Ps since the most
important element of marketing are concern with:
3.3.1 Product
Sheeps farm
Black Sheeps farm lacate at Mae Rim, the newest travel destination in Chiang Mai.
There are able to feed sheep and take photo closely.
31
Restaurant and coffee shop

There are sheeps menus available for travelers who want to taste; Lamp stake, lamps
milk.
Souvenir shop
Our shop provides souvenir for traveler such as- Sheeps doll, Postcard, key chain, Tshirt, and products from wool.
3.3.2 Price
Feeding zone
-
Fee
50 baht
Milk
20 baht
per bottle
Grass
10 baht
per bunch
Dining zone
Food
Australian Lamp Steak

Australian T-bone Steak
Sir Roy Beef Steak
Australian Lamp cutlet
Minced Lamp Steak with Spicy Pasta Salad
Lamp Pot Roast
Lamp Stew with Broccoli, Carrot, and Potato
Chicken Steak
Pork Steak
Spaghetti Cabonara
Spaghetti Bolognese
Spaghetti Kie Mao Taley
Chicken Green Curry
Caesar Salad
Parma Salad
Vegetable Salad
Steamed Rice
289
289
259
259
219
219
219
170
170
129
129
129
129
129
129
129
49
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
80/90
80/90
80/90
80/90
70
baht
baht
baht
baht
baht
Beverage
Mocha (hot/cold)
Latte (hot/cold)
Cappuccino (hot/cold)
Americano (hot/cold)
Espresso
32
Cocoa (hot/cold)
Green Tea (hot/cold)
Lemon Tea (hot/cold)
Milk Tea
Honey Milk Tea
Blueberry Smoothie
Banana Breakfast Smoothie
Strawberry Smoothie
Yoghurt Smoothie
Lamp Milk
Mineral Drink
45/50
45/50
45/50
50
50
45
45
45
45
35
20
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
Homemade Bakery
-
Chocolate cake
55
baht
Cheesecake
75
baht
Crepe cake
75
baht
Blueberry Cheese Cake

Chocolate Crape Cake
Strawberry Crape Cake
Chocolate Almond with Raspberry Sauce
89
89
89
89
baht
baht
baht
baht
Souvenir zone
-
Dolly the sheep
250
baht
T-Shirt (all size)
190
baht
Postcard per set
99
baht
Wool scarf
490
baht
Sheep key chain
59
baht
Fleece Scarves
590
baht
Magnet
39
baht
Wool hat
350
baht
Picture frame
189
baht
Bag
149
baht
Notebook
129
baht
Headband
49
baht
33
3.3.3 Place
Our company provide sheeps farm for attract customers and the activities are
interesting for people who want to get the new experiences from the sheep. Our farm located
in Chaing Mai province. We choose to set up the farm at Mae Rim because that place
surrounding natural, good atmosphere and passage way between Chiang Mai and Chiang Rai
appropriate for the tourist or customers. This place is easy to distribute product to customer.
The main distribute channel is Mae Rim district in Chaing Mai province.
3.3.4 Promotion
Our company is located at Mae Rim so we try to represents the various aspect
of marketing communication that is the communication of information about the product and
service with the goal of generating a positive tourist response. The sheeps farm is to be
famous and well-known via brochure, radio, newspaper, fan page or website of the sheeps
farm, and we try to provide a good product and service for tourist satisfaction that is the
important thing to help to promote our farm which calls that word of mount.
3.4 Sales Forecast/Profit Estimation
Entrance fee 50 per price

Feeding zone 20 per price
Dining zone 170 per price
Souvenir zone 100 per price
Total
Total sale Year 1

Sale Forecast
Quarter 1 Quarter 2 Quarter 3 Quarter 4
(Jan-Mar) (April-June) (July-Sep) (Oct-Dec)
1,650,000 1,200,000 2,175,000 1,850,000
660,000
480,000
870,000
740,000
5,610,000 4,080,000 7,395,000
740,000
4,900,000 2,400,000 4,350,000
740,000
12,820,000 8,160,000 14,790,000 4,070,000
Total
6,875,000
2,750,000
17,825,000
12,390,000
39,840,000
34

Total
Total sale Year2

Sale Forecast
1,700,000 1,250,000 1,125,000 1,925,000
680,000
500,000
450,000
770,000
5,780,000 4,250,000 3,825,000 6,545,000
3,400,000 2,500,000 2,250,000 3,850,000
11,560,000 8,500,000 7,650,000 13,090,000

Total
Total sale Year 3

Sale Forecast
2,400,000 1,500,000 1,675,000 1,925,000
960,000
600,000
670,000
770,000
8,160,000 5,100,000 5,695,000 6,545,000
4,800,000 3,000,000 3,350,000 3,850,000
16,320,000 10,200,000 11,390,000 13,090,000

Total
Total sale Year 4

Sale Forecast
2,350,000 1,475,000 1,575,000 2,200,000
940,000
590,000
630,000
880,000
7,990,000 5,015,000 5,355,000 7,480,000
4,700,000 2,950,000 3,150,000 4,400,000
15,980,000 10,030,000 10,710,000 14,960,000
Total
6,000,000
2,400,000
20,400,000
12,000,000
40,800,000
Total
7,500,000
3,000,000
25,500,000
15,000,000
51,000,000
Total
7,600,000
3,040,000
25,840,000
15,200,000
51,680,000
35

Total
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Quarter 1
12,820,000
11,560,000
16,320,000
15,980,000
16,660,000
73,340,000
Total sale Year 5

Sale Forecast
2,450,000 1,550,000 1,425,000 2,250,000
980,000
620,000
570,000
900,000
8,330,000 5,270,000 4,845,000 7,650,000
4,900,000 3,100,000 2,850,000 4,500,000
16,660,000 10,540,000 9,690,000 15,300,000
Total sale
Sale Forecast
Quarter 2
Quarter 3
8,160,000
14,790,000
8,500,000
7,650,000
10,200,000
11,390,000
10,030,000
10,710,000
10,540,000
9,690,000
47,430,000
54,230,000
Quarter 4
4,070,000
13,090,000
13,090,000
14,960,000
15,300,000
60,510,000
Total
7,675,000
3,070,000
26,095,000
15,350,000
52,190,000
Total
39,840,000
40,800,000
51,000,000
51,680,000
52,190,000
235,510,000
36
Total sale
60,000,000
50,000,000
40,000,000
30,000,000
20,000,000
10,000,000
0
Year 1
Total 39,840,000
Year 2
Year 3
Year 4
Year 5
40,800,000
51,000,000
51,680,000
52,190,000
Referent: http://library.cmu.ac.th/faculty/econ/Exer751409/2553/Exer2553_no10
http://mobile.thaibizcenter.com/mobile-adsdetail.asp?adsid=20880
http://i.thammada.com/2012/11/2556.html
37
Chapter 4
Investment cost
38
Chapter 4 Investment cost

4.1 Product and operations analysis
4.1.1 Product Characteristics
Our service can divide into 3 main zones:
1. Feeding zone
2. Dining zone
3. Souvenir zone
Feeding zone
Before everyone enters this zone, you should pay fees 50 baht per person. In this zone
we provide you to feed milk and grass to all of sheep.
Dining zone
This zone is for my all tourist s family want to join each other meal in our farm
Figure 4.1.1.1 of food
Figure of drinking
39
40
Figure 4.1.1.2 of dessert
41
Souvenir zone
This zone sells products that also relate to sheeps farm such as; sheeps dolls, sheeps
key chain, sheeps wool scarf, t-shirt and post-card.
Figure 4.1.1.3of souvenir
42
4.2. Location
Ewe & Ram Sheep is located in locates in Ban Doi Kaew, Mae-Rim, Chiang-Mai. It's
open space and has only about 21 acres in good atmosphere. Many people easy to travel
because stick to the road two side and not more than 10 kilometers away from the city.
Figure 4.2
43
Referent: http://www.property108.com/1/posts/6_%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%94%E0%B8%B4%E0%B8
%99/11_%E0%B8%82%E0%B8%B2%E0%B8%A2/43251_%E0%B8%82%E0%B8%B2%
E0%B8%A2%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%94%E0%B8%B4%E0%
B8%99%E0%B8%AA%E0%B8%A7%E0%B8%A2%E0%B8%95%E0%B8%B4%E0%B8
%94%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%9B%E0%B8%B4%E0%B8%87_
21%E0%B9%84%E0%B8%A3%E0%B9%88_%E0%B8%95_%E0%B8%94%E0%B8%AD
%E0%B8%99%E0%B9%81%E0%B8%81%E0%B9%89%E0%B8%A7_%E0%B8%AD_%
E0%B9%81%E0%B8%A1%E0%B9%88%E0%B8%A3%E0%B8%B4%E0%B8%A1_%E0
%B9%80%E0%B8%8A%E0%B8%B5%E0%B8%A2%E0%B8%87%E0%B9%83%E0%B8
%AB%E0%B8%A1%E0%B9%88.html
44
4.3 Facility Layout

Figure 4.3
45
4.3.1 Souvenir Shop

- Entrance/Exit
- Cashier Counter
- Storage
- Lamp
- Shelf
- Picture
- Mirror
- Doll Corner
- Wireless Adapter
- Music boxes
- Postcard Corner
Figure 4.3.1
46
4.3.2 Restaurant
- Entrance/Exit
- Kitchen Area
- Table
- Chair
- Book Store
- Toilet
- Wireless Adapter
- Cashier Counter
- Tree & Flower
- Music Boxes
4.3.3 Sheep Farm

- Sheep House
- Pool
- Grasses
- Bridge
The farm design layout: Colonial style

1. Signage
Our farm signage is in front of the car park, that design is colonial style cover mix
between Eastern and Western, our logo is a big alphabet because it recognize for our farm.
2. Exterior Decoration
Our farm are surrounding with many trees and grasses, tones color is brown and
green. So it can make feel relax and comfortable.
47
3. Souvenir Decoration
Building: we mix wood and cement for major, so we use brown and white color for
customer feel good and relaxing, we select British Colonial for main building.
Floor: we use stone tiles for our restaurant and souvenir shop, that make feel colonial
style.
4. Restaurant Decoration
Building: our restaurant is open-air style, when customer came up they can see around
view point to sheep farm. This is strength for our farm.
5. Sheep House
Building: for sheep house we decorate with wooden, so we mix a country style and
colonial style together. Customer will get a nature and comfortable because they are
surrounding with trees and grasses.
6. Facilities
Kitchen: we engage contractor to design kitchen area, which is consists of oven,
hotplates, counter, refrigerator, fryers and etc.
Table: we almost to choose light brown for major color of table and chair. It make
feel so good and comfortable.
Bookstore: we updating about magazine, news, healthy, fashion every week.
Wireless adapter: we install wireless adapter on the wall of restaurant and souvenir
shop to provide internet service to guest.
Music: we always open relax music to made customer feel good.
Toilet: we provide the toilet beside restaurant, for design we use light color to make a
convenient and luxury to customer, and we will open jazz music surrounding in toilet.
4.4 Facilities Management

Property Management
Facilities Planning
Our policy planning and building, we separate areas to four zone that consist of: car
parking, restaurant, souvenir shop, and sheep farm. For the first car parking, which is in front
of the farm with signage, which is remarkable for our farm. Second, restaurant prefers sheep
cuisine and other choices. Restaurant might give new experience about lamb. The third in
part of souvenir shop, this shop prefer souvenir and another gift shop such as postcard, doll,
48
and etc. The souvenir shop can make high revenue for our farm because it have a many
collection for recognize customer to buy it. And the last, for the sheep farm, when the guest
visit they always to joy with give feeding to sheep.
Facilities operations and maintenance
We encourage employees to farm, we maintaining facilities and equipment as well. So
we recognize employee to reduce cost of service and we are also a benefit to employee when
they help to reduce cost.
4.5 Equipment and Tools
We use quality tools and equipment in order to employees, it would be safe and
efficiency. We select equipment and tool by concern about theme of store, so that can
attracting the customer, and then they will get an experience from our service.
Location
- Sheep farm
Label cost
- Sheep farm have to paid for label cost 1.5*16 meter about 24,000 baht.
Registration
- Sheep farm will pay money for registration of company about 60,000 baht.
Internet wireless & telephone
- Sheep farm contract with 3BB for wireless about 1,048 baht and telephone fee about 200
baht, so we have to pay 1,248 baht per month.
4.6 Cost of Investment

Table 4.6
Cost of Investment
Location
Label cost
Feeding zone
Dining zone
- Souvenir zone
Registration
Total cost of investment
48,300,000
2,686,500
828,000
1,336,500
522,000
53,673,000
49
4.7 Investment Cost
Feeding zone
Table 4.7.1
Equipments and Material
Feeding zone
- Building
- Milk bottle
- Bottle brush
- Shearing equipment
- Pickup car
- Harrow
- CCTV
- Sheep feeder
- Bucket Holder
- Bin
Total Equipment
Price per unit
No. unit
Total
500,000
25
59
8,500
479,000
55
6,224
1,240
120
149
1
12
12
2
2
4
8
3
6
3
500,000
300
708
17,000
958,000
220
49792
3720
720
447
1,530,907
50
Dining zone
Table 4.7.2
Price per unit
No. unit
Total
5,200
375
375
356
175
285
1,980
295
240
7,000
150
58,000
49,000
50
13,000
125
590
30,900
6,224
60
60
38
60
116
22
22
800
15,000
149
1,000
2,500,000
1,050
1
3
1
1
2
1
2
2
2
2
6
2
1
12
1
4
1
1
12
150
150
150
150
100
200
200
1
10
5
5
1
1
5,200
1,125
375
356
350
285
3,960
590
480
14,000
900
116,000
49,000
600
13,000
500
590
30,900
74,688
9,000
9,000
5,700
9,000
11,600
4,400
4,400
800
150,000
745
5,000
2,500,000
1,050
3,023,594
Dining zone
Part I - Equipment
- Knife Kit
- Soup Ladle
- Strainer Ladle
- Serving Spoon
- Scrape
- Noodle Strainer
- Teflon Pan
- Indian Pot
- Sauce Pan
- Scale Stock Pot with Cover
- Cutting Board
- Undercounter Refrigerator
- Super Freezer
- Tray
- Oven
- Baking Tray
- Knife Rack
- Cash Machine
- CCTV
- Spoon (L)
- Spoon (M)
- Spoon (S)
- Fork
- Steak Knife
- Ivory Glass
- Hi-ball Glass
- Box of Straws
- Sanitary Tools
- Bin
- Safety Equipment
- Building
- Ice Container/ Ice scoop
Total Equipment
51

Part II - Tables and Chairs
- Table Big Size
- Table Small Size
- Chairs
- Book Shelf
Total Equipment
Part III Decoration
- Corner Shelf
- Clock
- Tree pot
- Lamp
- Stereo
- Frame
- Wallpaper
Total Equipment
Price per unit
No. unit
Total
3,940
2,290
1,490
7,290
8
4
50
1
Price per unit
No. unit
31,520
9,160
74,500
7,290
122,470
Total
6,500
590
100
840
39,000
40
-
2
2
30
4
2
8
-
13,000
1180
3000
3360
78000
320
120,000
218,860
Souvenir zone
Table 4.7.3
Souvenir zone
- Building
- Air conditioner
- Fan
- Electronic cash register
calculators
- Table
- Chair
- Neon lights
- Computer
- Plug
- CCTV
- Bin
Total Equipment
Price per unit
No. unit
Total
1,000,000
20,000
650
1
1
1
1,000,000
20,000
650
30,900
3,500
1,100
21
30,000
250
6,224
149
1
1
2
6
1
2
4
1
5,500
3,500
2200
126
30,000
500
24896
149
1,087,521
52
4.8 Depreciation Investment cost
Feeding zone
Table 4.8.1
53
Dining zone table 4.8.2

Dining zone
Part I - Equipment
- Knife Kit
- Soup Ladle
- Strainer Ladle
- Serving Spoon
- Scrape
- Noodle Strainer
- Teflon Pan
- Indian Pot
- Sauce Pan
- Cutting Board
- Super Freezer
- Tray
- Oven
- Baking Tray
- Knife Rack
- Cash Machine
- CCTV
- Spoon (L)
- Spoon (M)
- Spoon (S)
- Fork
- Steak Knife
- Ivory Glass
- Hi-ball Glass
- Box of Straws
- Sanitary Tools
- Bin
- Safety Equipment
- Building
Total Equipment
Total
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Total
5,200
1,125
375
356
350
285
3,960
590
480
14,000
900
116,000
49,000
600
13,000
500
590
30,900
74,688
9,000
9,000
5,700
9,000
11,600
4,400
4,400
800
150,000
745
5,000
2,500,000
1,050
3,023,594
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
86.6
18.75
6.25
5.9
5.8
4.75
66
9.83
8
233.3
15
1,993.3
816.6
10
216.6
8.33
9.83
515
1,244.8
150
150
95
150
1,993.3
73.3
73.3
13.3
2,500
12.4
83.3
41,666.67
17.5
52,252.71
1039.2
225
75
70.8
69.6
57
792
117.96
96
2,799.6
180
23,919.6
9799.2
120
2599.2
99.96
117.96
6180
14,937.6
1,800
1,800
1,140
1800
23,919.6
879.6
879.6
159.6
30000
148.8
999.6
500,000.04
210
627,032.52
54

- Table Big Size
- Table Small Size
- Chairs
- Book Shelf
Total Equipment
Part III Decoration
- Corner Shelf
- Clock
- Tree pot
- Lamp
- Stereo
- Frame
- Wallpaper
Total Equipment
Total Equipments and Material
31,520
9,160
74,500
7,290
122,470
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
525.3
152.6
1,241.60
121.5
2,041.16
6,303.6
1,831.2
14,899.20
1458
24,493.92
13,000
1180
3000
3360
78000
320
120,000
218,860
3,364,924
216.6
19.6
50
56
1,300
5.3
2000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
216.6
19.6
50
56
1,300
5.3
2,000
3,647.66
57,941.53
2,599.2
235.2
600
672
15,600
63.6
24,000
43,771.92
695,298.36
NOV
DEC
Souvenir zone
Table 4.8.3
Total
Souvenir zone
- Building
1,000,000
- Air conditioner
20,000
- Fan
650
- Electronic cash register calculators
5,500
- Table
3,500
- Chair
2200
- Neon lights
126
- Computer
30,000
- Plug
500
- CCTV
24896
- Bin
149
Total Equipments and Material 1,087,521
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
Total
16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7
200,000.4
333.3
333.3
333.3
333.3
333.3
333.3
333.3
333.3
333.3
333.3
333.3
333.3
3,999.63
10.83
10.83
10.83
10.83
10.83
10.83
10.83
10.83
10.83
10.83
10.83
10.83
129.96
91.67
91.67
91.67
91.67
91.67
91.67
91.67
91.67
91.67
91.67
91.67
91.67
1,100.04
58.3
58.3
58.3
58.3
58.3
58.3
58.3
58.3
58.3
58.3
58.3
58.3
699.6
36.67
36.67
36.67
36.67
36.67
36.67
36.67
36.67
36.67
36.67
36.67
36.67
440.04
2.1
2.1
2.1
2.1
2.1
2.1
2.1
2.1
2.1
2.1
2.1
2.1
25.2
500
500
500
500
500
500
500
500
500
500
500
500
6,000
8.3
8.3
8.3
8.3
8.3
8.3
8.3
8.3
8.3
8.3
8.3
8.3
99.6
414.93
414.93
414.93
414.93
414.93
414.93
414.93
414.93
414.93
414.93
414.93
414.93
4,979.16
2.48
2.48
2.48
2.48
2.48
2.48
2.48
2.48
2.48
2.48
2.48
2.48
29.76
18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 217,504.20
55
Chapter 5
Operations cost
56
Chapter 5 Operations cost

5.1 Cost of goods sold
Feeding zone
Table 5.1.1
Food
Feeding zone
- Ruzi grass
- Sheep's food grain
- Powder milk Dumex Hi-Q
- Straw
- Dishwashing liquid
- Shampoo
- Food and mouth disease vaccine
- Anthrax vaccine
Total
Price per unit
No. unit
Total
35
300
380
20
195
250
120
35
15
6
12
20
1
4
5
3
525
1800
4560
400
195
1000
600
105
9185
57
Dining zone
Table 5.1.2
Ingredients
Dining zone
- lamp
- beef
- pork
- chicken
- bacon
- carrot
- tomato
- potato
- lemon
- broccoli
- cucumber
- onion
- cabbage
- vinegar
- olive oil
- vegetable oil
- spices
- spaghetti
- whipping cream
- ketchup
- mayonaise
- cheese
- milk
- coffee bean
- tea leaf
- cocoa
- sugar
- salt
- syrup
- butter
Total
Price per unit
No. unit
Total
530
170
115
75
260
90
30
39
13
19
19
5
12
49
200
70
35
39
145
35
70
237
52
180
70
120
23
5
79
150
70
50
60
50
30
200
300
300
500
200
100
500
100
10
10
28
30
120
10
29
27
8
17
6
7
7
30
10
5
15
37,100
8,500
6,900
3,750
7,800
18,000
9,000
11,700
6,500
3,800
1,900
2,500
1,200
490
2,000
1,960
1,050
4,680
1,450
1,015
1,890
1,896
884
1,080
490
840
690
50
395
2,250
141,760
58
Souvenir zone
Table 5.1.3
Souvenir zone
- T-shirt
- Postcard
- Dolly the sheep
- Sheep key chain
- Fleece Scarves
- Magnet
- Wool hat
- Picture frame
- Bag
- Notebook
- Headband
Total
Price per unit
No. unit
Total
149
20
90
15
310
15
120
75
50
50
10
300
500
200
1000
50
1000
100
500
300
500
200
44,700
10,000
18,000
15,000
15,500
15,000
12,000
37,500
15,000
25,000
2,000
209,700
59
Cost of goods sold for 5 years
Feeding zone
Table 5.1.1.1
Year 1
Year 2
Year 3
Year 4
Year 5
Total
January
9,185
9,185
9,185
9,185
9,185
45,925
February
9,185
9,185
9,185
9,185
9,185
45,925
March
9,185
9,185
9,185
9,185
9,185
45,925
April
9,185
9,185
9,185
9,185
9,185
45,925
May
9,185
9,185
9,185
9,185
9,185
45,925
June
9,185
9,185
9,185
9,185
9,185
45,925
July
9,185
9,185
9,185
9,185
9,185
45,925
August
9,185
9,185
9,185
9,185
9,185
45,925
September
9,185
9,185
9,185
9,185
9,185
45,925
February
141,760
141,760
141,760
141,760
141,760
708,800
March
141,760
141,760
141,760
141,760
141,760
708,800
April
141,760
141,760
141,760
141,760
141,760
708,800
May
141,760
141,760
141,760
141,760
141,760
708,800
June
141,760
141,760
141,760
141,760
141,760
708,800
July
141,760
141,760
141,760
141,760
141,760
708,800
August September
141,760
141,760
141,760
141,760
141,760
141,760
141,760
141,760
141,760
141,760
708,800
708,800
October
9,185
9,185
9,185
9,185
9,185
45,925
November December
9,185
9,185
9,185
9,185
9,185
9,185
9,185
9,185
9,185
9,185
45,925
45,925
Total
110,220
110,220
110,220
110,220
110,220
551,100
Dining zone
Table 5.1.1.2
Year 1
Year 2
Year 3
Year 4
Year 5
Total
January
141,760
141,760
141,760
141,760
141,760
708,800
October November December

Total
141,760
141,760
141,760 1,701,120
141,760
141,760
141,760 1,701,120
141,760
141,760
141,760 1,701,120
141,760
141,760
141,760 1,701,120
141,760
141,760
141,760 1,701,120
708,800
708,800
708,800 8,505,600
60
Souvenir zone
Table 5.1.1.3
January
Year 1
Year 2
Year 3
Year 4
Year 5
Total
February
209,700
209,700
209,700
209,700
209,700
1,048,500
March
April
May
209,700
209,700
209,700
209,700
20,970
859,770
June
July
August September
209,700
209,700
209,700
209,700
209,700
1,048,500
October
November December
Total
209,700
838,800
209,700
838,800
209,700
838,800
209,700
838,800
209,700
650,070
1,048,500
4,005,270
61
5.2 Cost of labor (per month)
Table 5.2.1
Positioning
Head of labor
Tcket seller
Feeding seller
Shepherd
Total
Feeding zone
Amount
Salary
1
9,000
2
7,500
3
7,500
4
7,500
10
Total
9,000
15,000
22,500
30,000
76,500
Positioning
Sour Chef
Chef
waitor
Steward
Housekeeper
Captain
Cashier
Total
Dining zone
Amount
Salary
1
21,000
3
12,000
4
8,250
1
7,500
2
7,500
1
9,000
2
9,000
14
Total
21,000
36,000
33,000
7,500
15,000
9,000
18,000
139,500
Positioning
Head
Stock keeper
Cashier
Total
Souvenir zone
Amount
Salary
1
12,000
3
7,500
1
9,000
5
Total
12,000
22,500
9,000
43,500
Table 5.2.2
Table 5.2.3
62
5.3 Overhead Cost (per year)
Table 5.3.1
Charge
Feeding zone
- Utility Expense
Dining zone
- Utility Expense
Souvenir zone
- Utility Expense
Total
January
February
March
April
Overhead cost Year 1

May
June
July
August
7,578
7,578
6,350
6,350
6,350
6,350
6,350
6,350
6,350
6,350
7,578
7,578
81,112
33,648
33,648
23,648
23,648
23,648
23,648
23,648
23,648
23,648
23,648
33,648
34,648
324,776
17,118
58,344
11,118
52,344
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
14,118
55,344
18,218
60,444
130,316
536,204
January
February
March
April

May
June
July
August
7,578
7,578
6,350
6,350
6,350
6,350
6,350
6,350
6,350
6,350
7,578
7,578
81,112
34,648
33,648
24,648
24,648
23,648
23,648
23,648
23,648
23,648
25,648
33,648
35,648
330,776
17,118
59,344
11,118
52,344
8,718
39,716
8,718
39,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
38,716
8,718
40,716
14,118
55,344
18,218
61,444
130,316
542,204
September October November December
Total
Table 5.3.2
Charge
Feeding zone
- Utility Expense
Dining zone
- Utility Expense
Souvenir zone
- Utility Expense
Total
Total
63
Table 5.3.3
Charge
Feeding zone
- Utility Expense
Dining zone
- Utility Expense
Souvenir zone
- Utility Expense
Total
January
February
March
April

May
June
July
August
7,578
7,578
6,350
6,350
6,350
6,350
6,350
6,350
6,350
6,350
7,578
7,578
81,112
35,648
34,648
25,648
25,648
25,648
25,648
25,648
25,648
25,648
33,648
33,648
36,648
353,776
17,118
60,344
11,118
53,344
8,718
40,716
8,718
40,716
8,718
40,716
8,718
40,716
8,718
40,716
8,718
40,716
8,718
40,716
8,718
48,716
14,118
55,344
18,218
62,444
130,316
565,204
January
February
March
April

May
June
July
August
7,578
7,578
6,350
6,350
6,350
6,350
6,350
6,350
6,350
6,350
7,578
7,578
81,112
36,648
32,648
31,648
27,648
26,648
26,648
26,648
26,648
26,648
33,648
35,648
37,648
368,776
17,118
61,344
11,118
51,344
8,718
46,716
8,718
42,716
8,718
41,716
8,718
41,716
8,718
41,716
8,718
41,716
8,718
41,716
8,718
48,716
14,118
57,344
18,218
63,444
130,316
580,204
January
February
March
April

May
June
July
August
7,578
7,578
6,350
6,350
6,350
6,350
6,350
6,350
6,350
6,350
7,578
7,578
81,112
37,648
36,448
31,648
28,648
28,648
28,648
28,648
28,648
28,648
28,648
35,648
38,148
380,076
17,118
62,344
11,118
55,144
8,718
46,716
8,718
43,716
8,718
43,716
8,718
43,716
8,718
43,716
8,718
43,716
8,718
43,716
8,718
43,716
14,118
57,344
18,218
63,944
130,316
591,504
Total
Table 5.3.4
Charge
Feeding zone
- Utility Expense
Dining zone
- Utility Expense
Souvenir zone
- Utility Expense
Total
Total
Table 5.3.5
Charge
Feeding zone
- Utility Expense
Dining zone
- Utility Expense
Souvenir zone
- Utility Expense
Total
Total
64
Chapter 6
Administration Cost
65
6.1 Administrative
Table 6.1.1
Topic
Land
Feeding zone
- Employee salary
- Utility Expense
- Property Insurance
- Fire Insurance
Dining zone
- Employee salary
- Utility Expense
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Utility Expense
- Fire Insurance
Other
Total
January February
48,300,000
-
March
-
April
-
Administrative year 1
May
June
-
July
-
August
-
September
-
October
-
November December
Total
48,300,000
69,000
7,578
6,790
15,844
69,000
7,578
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
7,578
-
69,000
7,578
-
828,000
81,112
6,790
15,844
121,500
33,648
6,790
15,844
6,400
121,500
33,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
33,648
6,400
121,500
34,648
6,400
1,336,500
324,776
6,790
15,844
48,000
43,500
17,118
6,790
15,844
23,000
48,689,646
43,500
11,118
23,000
312,544
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
8,718
23,000
298,916
43,500
14,118
23,000
318,744
43,500
18,218
23,000
317,444
522,000
130,316
6,790
15,844
276,000
51,914,606
66
Table 6.1.2
Topic
Feeding zone
- Employee salary
- Utility Expense
- Fire Insurance
Dining zone
- Employee salary
- Utility Expense
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Utility Expense
- Fire Insurance
Other
Total
Administrative year2
May
June
January
February
March
April
July
August
September
October
69,000
7,578
6,790
15,844
69,000
7,578
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
121,500
34,648
6,790
15,844
6,400
121,500
33,648
3,200
121,500
24,648
3,200
121,500
24,648
3,200
43,500
17,118
6,790
15,844
23,000
390,646
43,500
11,118
23,000
309,344
43,500
8,718
23,000
296,716
43,500
8,718
23,000
296,716
November December
Total
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
7,578
-
69,000
7,578
-
828,000
81,112
6,790
15,844
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
23,648
3,200
121,500
25,648
3,200
121,500
33,648
6,400
121,500
35,648
6,400
1,336,500
330,776
6,790
15,844
48,000
43,500
8,718
23,000
295,716
43,500
8,718
23,000
295,716
43,500
8,718
23,000
295,716
43,500
8,718
23,000
295,716
43,500
8,718
23,000
295,716
43,500
8,718
23,000
297,716
43,500
14,118
23,000
312,344
43,500
18,218
23,000
318,444
522,000
130,316
6,790
15,844
276,000
3,620,606
67
Table 6.1.3
Topic
Feeding zone
- Employee salary
- Utility Expense
- Fire Insurance
Dining zone
- Employee salary
- Utility Expense
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Utility Expense
- Fire Insurance
Other
Total
Administrative year3
May
June
January
February
March
April
July
August
September
October
69,000
7,578
6,790
15,844
69,000
7,578
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
121,500
35,648
6,790
15,844
6,400
121,500
34,648
3,200
121,500
25,648
3,200
121,500
25,648
3,200
43,500
17,118
6,790
15,844
23,000
391,646
43,500
11,118
23,000
310,344
43,500
8,718
23,000
297,716
43,500
8,718
23,000
297,716
November December
Total
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
7,578
-
69,000
7,578
-
828,000
81,112
6,790
15,844
121,500
25,648
3,200
121,500
25,648
3,200
121,500
25,648
3,200
121,500
25,648
3,200
121,500
25,648
3,200
121,500
33,648
3,200
121,500
33,648
6,400
121,500
36,648
6,400
1,336,500
353,776
6,790
15,844
48,000
43,500
8,718
23,000
297,716
43,500
8,718
23,000
297,716
43,500
8,718
23,000
297,716
43,500
8,718
23,000
297,716
43,500
8,718
23,000
297,716
43,500
8,718
23,000
305,716
43,500
14,118
23,000
312,344
43,500
18,218
23,000
319,444
522,000
130,316
6,790
15,844
276,000
3,643,606
68
Table 6.1.4
Topic
Feeding zone
- Employee salary
- Utility Expense
- Fire Insurance
Dining zone
- Employee salary
- Utility Expense
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Utility Expense
- Fire Insurance
Other
Total
May
June
January
February
March
April
July
August
September
October
69,000
7,578
6,790
15,844
69,000
7,578
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
121,500
36,648
6,790
15,844
6,400
121,500
32,648
3,200
121,500
31,648
3,200
121,500
27,648
3,200
43,500
17,118
6,790
15,844
23,000
392,646
43,500
11,118
23,000
308,344
43,500
8,718
23,000
303,716
43,500
8,718
23,000
299,716
November December
Total
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
6,350
-
69,000
7,578
-
69,000
7,578
-
828,000
81,112
6,790
15,844
121,500
26,648
3,200
121,500
26,648
3,200
121,500
26,648
3,200
121,500
26,648
3,200
121,500
26,648
3,200
121,500
33,648
3,200
121,500
35,648
6,400
121,500
37,648
6,400
1,336,500
368,776
6,790
15,844
48,000
43,500
8,718
23,000
298,716
43,500
8,718
23,000
298,716
43,500
8,718
23,000
298,716
43,500
8,718
23,000
298,716
43,500
8,718
23,000
298,716
43,500
8,718
23,000
305,716
43,500
14,118
23,000
314,344
43,500
18,218
23,000
320,444
522,000
130,316
6,790
15,844
276,000
3,658,606
69
Table 6.1.5
Topic
Feeding zone
- Employee salary
- Fire Insurance
Dining zone
- Employee salary
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Fire Insurance
Other
Total
May
June
January
February
March
April
July
August
September
October
69,000
6,790
15,844
69,000
-
69,000
-
69,000
-
69,000
-
121,500
6,790
15,844
6,400
121,500
3,200
121,500
3,200
121,500
3,200
43,500
6,790
15,844
23,000
3,078,402
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
260,200
November December
Total
69,000
-
69,000
-
69,000
-
69,000
-
69,000
-
69,000
-
69,000
-
828,000
6,790
15,844
121,500
3,200
121,500
3,200
121,500
3,200
121,500
3,200
121,500
3,200
121,500
3,200
121,500
6,400
121,500
6,400
1,336,500
6,790
15,844
48,000
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
260,200
43,500
23,000
263,400
43,500
23,000
263,400
522,000
6,790
15,844
276,000
3,078,402
70
Total administrative cost for 5 years

Table 6.1.6
Topic
Land
Feeding zone
- Employee salary
- Utility Expense
- Fire Insurance
Dining zone
- Employee salary
- Utility Expense
- Fire Insurance
- Gas
Souvenir zone
- Employee salary
- Utility Expense
- Fire Insurance
Other
Total
Total Administrative
Year 2
Year 3
-
Year 4
-
Year 5
-
Total
48,300,000
828,000
81,112
6,790
15,844
828,000
81,112
6,790
15,844
828,000
81,112
6,790
15,844
828,000
81,112
6,790
15,844
828,000
81,112
6,790
15,844
4,140,000
405,560
33,950
79,220
1,336,500
324,776
6,790
15,844
48,000
1,336,500
330,776
6,790
15,844
48,000
1,336,500
353,776
6,790
15,844
48,000
1,336,500
368,776
6,790
15,844
48,000
1,336,500
380,076
6,790
15,844
48,000
6,682,500
1,758,180
33,950
79,220
240,000
522,000
130,316
6,790
15,844
276,000
51,914,606
522,000
130,316
6,790
15,844
276,000
3,620,606
522,000
130,316
6,790
15,844
276,000
3,643,606
522,000
130,316
6,790
15,844
276,000
3,658,606
522,000
130,316
6,790
15,844
276,000
3,669,906
2,610,000
651,580
33,950
79,220
1,380,000
66,507,330
Year 1
48,300,000
71
6.2 Management analysis

As business becomes more complex, they increasingly rely on management analysts
to help them remain competitive amidst these changes. Management analysts, often referred
to as management consultants in private industry, analyze and propose ways to improve an
organization's structure, efficiency, or profits. Analysts may manage contracts for a wide
range of goods and services to ensure quality performance and to prevent cost overruns.
For company, there are 8 partnerships in the company as following:
9. Mr. Sarawut
10. Miss. Juthamard
11. Miss. Bowonrat
12. Mr. Naruewat
13. Mr. Kawin
14. Mr. Wiroon
15. Miss.Thamonwan
16. Miss Nopparat
Manora
Bwonratakul
Tritanon
Pongpattananukul
Chusilkitcharoen
Pratuangsin
Fonhthong
Boontod
(General Manager)
(Feeding Zone Manager)
(Restaurant Zone Manager )
(Souvenir Zone Manager)
(Marketing Manager)
(Human Resource Manager)
72
6.2.1 Organization chart
Mr. Sarawut Manora
Miss. Juthamard
Bwonratakul
Mr. Kawin
Chusilkitcharoen
Miss. Bowonrat
Tritanon
Mr. Wiroon
Pratuangsin
Miss.Thamonwan
Fonhthong
Mr. Naruewat
Pongpattananukul
Miss Nopparat
Boontod
73
Description the characters and duties of employee in each department of Taste me as

follows:
1. General Manager
- Directly responsible to provide the internal control to be effective and levels of
productivity are always impressive.
- Manager must not to evaluate the work of employees in the ability that they can
retain the existing customers and to satisfy customers until enable customers loyalty to use
our products and service.
- Control under the policy process and time frame.
- Assessment of internal control of each department.
- Analyzing and solving the problem to be more efficiency.
- Organizing the divisions and order the employee know exactly role they has to play.
2. Accounting /Financing
- Responsible for overseeing the operation of the accounting
- Review and analysis of financial statement.
- Check the accuracy of cash flow and the daily reports.
- Collect the items that will be prepared for making an income statements and
expenses.
- Offer financial budget to the manager informed.
- Acts of funds disbursement.
- To storage the certificate documentation.
- Control all expenses cost.
3. Marketing
- To define common strategies and policies to achieve its objective.
- Promote and advertise the promotion of farm.
- Plan and analyze the customer information.
- Follow the current situation on marketing all the time.
74
4. Human Resource
- Training initiatives may include apprenticeship, internship, job rotation, mentoring,
and new skills programs.
- Carefully planned and executed HRM programs are meaningless
- Related to employee benefits, safety and health, and worker-management relations.
- Recruiting and select the employee.
- Evaluate the performance of employee.
5. Production/ operating
- Control the quality of system.
- Take data and maintain records of the speed, efficiency and results of the
production.
- Using this information, they will suggest changes that may improve the production
process.
75
Chapter 7
Financing
76
Chapter 7 Financing Analysis

7.1 Initial investment
Black Sheep Farm need to invest of 55,000,000 Baht
Land
THB 48,300,000
Equipment, seating, and decorate
THB 5,983,352
Properties
THB 60,000
Others
THB 25,248
Total Initial Investment
THB 54,368,600
7.2 Source of fund

Our company borrows money from investor for 55,000,000 Baht and we must pay dividend
every month.
Loan: 55,000,000
Dividend: 10 % from net income each month.
77
7.3 Profit and loss statement

Table 7.3.1
Year 1
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Cash paid for Administration Cost
Overhead Cost/Utilities Cost
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Dividend 10%
Retained earning
Quarter1
Black Sheep Farm

Profit & Loss Statement
January 1 until December 31
Quater2
Quarter3
Quarter4
Total
12,820,000
12,820,000
8,160,000
8,160,000
14,790,000
14,790,000
4,070,000
4,070,000
39,840,000
39,840,000
662,535
12,157,465
662,535
7,497,465
662,535
14,127,465
662,535
3,407,465
2,650,140
37,189,860
15,600
934,992
161,404
173,824.59
1,285,821
10,871,644
3,261,493.32
7,610,151.09
761,015
6,849,136
11,900
857,100
128,148
173,824.59
1,170,973
6,326,492
1,897,947.72
4,428,544.69
442,854
3,985,690
12,550
857,100
128,148
173,824.59
1,171,623
12,955,842
3,886,752.72
9,069,089.69
906,909
8,162,181
14,200
863,500
166,504
173,824.59
1,218,029
2,189,436
656,830.92
1,532,605.49
153,261
1,379,345
54,250
3,512,692
584,204
695,298.36
4,846,444
32,343,416
9,703,024.69
22,640,390.95
2,264,039
20,376,352
78
Table 7.3.2
Year 2
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Dividend (10%)
Retained earning
Quarter1
Black Sheep Farm

Quater2
Quarter3
Quarter4
Total
11,560,000
11,560,000
8,500,000
8,500,000
7,650,000
7,650,000
13,090,000
13,090,000
40,800,000
40,800,000
662,535
10,897,465
662,535
7,837,465
662,535
6,987,465
662,535
12,427,465
2,650,140
38,149,860
15,600
934,992
163,404
173,824.59
1,287,821
9,609,644
2,882,893.32
6,726,751.09
672675.109
6054075.978
11,900
857,100
129,148
173,824.59
1,171,973
6,665,492
1,999,647.72
4,665,844.69
466584.469
4199260.218
12,550
857,100
128,148
173,824.59
1,171,623
5,815,842
1,744,752.72
4,071,089.69
407108.969
3663980.718
14,200
863,500
169,504
173,824.59
1,221,029
11,206,436
3,361,930.92
7,844,505.49
784450.549
7060054.938
54,250
3,512,692
590,204
695,298.36
4,852,444
33,297,416
9,989,224.69
23,308,190.95
2330819.096
20977371.85
79
Table 7.3.3
Year 3
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Dividend (10%)
Retained earning
Quarter1

Quater2
Quarter3
Quarter4
Total
16,320,000
16,320,000
10,200,000
10,200,000
11,390,000
11,390,000
13,090,000
13,090,000
51,000,000
51,000,000
662,535.00
15,657,465.00
662,535.00
9,537,465.00
662,535.00
10,727,465.00
662,535.00
12,427,465.00
2,650,140.00
48,349,860.00
15,600.00
934,992.00
166,404.00
173,824.59
1,290,820.59
14,366,644.41
4,309,993.32
10,056,651.09
1,005,665.11
9,050,985.98
11,900.00
857,100.00
134,148.00
173,824.59
1,176,972.59
8,360,492.41
2,508,147.72
5,852,344.69
585,234.47
5,267,110.22
12,550.00
857,100.00
134,148.00
173,824.59
1,177,622.59
9,549,842.41
2,864,952.72
6,684,889.69
668,488.97
6,016,400.72
14,200.00
863,500.00
178,504.00
173,824.59
1,230,028.59
11,197,436.41
3,359,230.92
7,838,205.49
783,820.55
7,054,384.94
54,250.00
3,512,692.00
613,204.00
695,298.36
4,875,444.36
43,474,415.64
13,042,324.69
30,432,090.95
3,043,209.10
27,388,881.85
80
Table 7.3.4
Year 4
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Dividend (10%)
Retained earning
Quarter1

Quater2
Quarter3
Quarter4
Total
15,980,000
15,980,000
10,030,000
10,030,000
10,710,000
10,710,000
14,960,000
14,960,000
51,680,000
51,680,000
662,535.00
15,317,465.00
662,535.00
9,367,465.00
662,535.00
10,047,465.00
662,535.00
14,297,465.00
2,650,140.00
49,029,860.00
15,600.00
934,992.00
171,404.00
173,248.59
1,295,244.59
14,022,220.41
4,206,666.12
9,815,554.29
981,555.43
8,833,998.86
11,900.00
857,100.00
138,148.00
173,248.59
1,180,396.59
8,187,068.41
2,456,120.52
5,730,947.89
573,094.79
5,157,853.10
12,550.00
857,100.00
137,148.00
173,248.59
1,180,046.59
8,867,418.41
2,660,225.52
6,207,192.89
620,719.29
5,586,473.60
14,200.00
863,500.00
181,504.00
173,248.59
1,232,452.59
13,065,012.41
3,919,503.72
9,145,508.69
914,550.87
8,230,957.82
54,250.00
3,512,692.00
628,204.00
692,994.36
4,888,140.36
44,141,719.64
13,242,515.89
30,899,203.75
3,089,920.38
27,809,283.37
81
Table 7.3.5
Year 5
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Dividend (10%)
Retained earning
Quarter1
Black Sheep Farm

Quater2
Quarter3
Quarter4
Total
16,660,000
16,660,000
10,540,000
10,540,000
9,690,000
9,690,000
15,300,000
15,300,000
52,190,000
52,190,000
662,535.00
15,997,465.00
662,535.00
9,877,465.00
662,535.00
9,027,465.00
662,535.00
14,637,465.00
2,650,140.00
49,539,860.00
15,600.00
934,992.00
176,204.00
173,248.59
1,300,044.59
14,697,420.41
4,409,226.12
10,288,194.29
1,028,819.43
9,259,374.86
11,900.00
857,100.00
143,148.00
173,248.59
1,185,396.59
8,692,068.41
2,607,620.52
6,084,447.89
608,444.79
5,476,003.10
12,550.00
857,100.00
143,148.00
173,248.59
1,186,046.59
7,841,418.41
2,352,425.52
5,488,992.89
548,899.29
4,940,093.60
14,200.00
863,500.00
177,004.00
173,248.59
1,227,952.59
13,409,512.41
4,022,853.72
9,386,658.69
938,665.87
8,447,992.82
54,250.00
3,512,692.00
639,504.00
692,994.36
4,899,440.36
44,640,419.64
13,392,125.89
31,248,293.75
3,124,829.38
28,123,464.37
82
7.4 State of cash flow

Table 7.4.1
Year 1
Operating activities
Beginning cash
Cash received from Customer
Cash paid for Cost of Goods Sold
Cash paid for Taxes (30%)
Cash paid for Administrative cost
Cash paid for Marketing expense
Cash paid for Overhead cost/Utilities cost
Net Cash Flow from Operating activities
Investing activities
Land
Label
Cash paid for purchase Equipment and Building
Registration fees
Internet & Telephone
Net Cash Flow from Investing activities
Financing activities
Cash from Investor
Payback
Cash paid for dividend
Net Cash Flow from Financing activities
Increase/Decrease in cash
Black Sheep Farm

Statement of Cash Flow
For Year 1 End of 31 Dec.
Quarter1
Quarter2
Quarter3
Quarter4
0.00
12,820,000.00
662,535.00
7,612,553.89
8,160,000.00
662,535.00
10,370,016.42
14,790,000.00
662,535.00
19,292,774.45
4,070,000.00
662,535.00
19,292,774.45
39,840,000.00
2,650,140.00
934,992.00
15,600.00
161,404.00
11,045,469.00
857,100.00
11,900.00
128,148.00
14,112,870.89
857,100.00
12,550.00
128,148.00
23,499,683.42
863,500.00
14,200.00
166,504.00
21,656,035.45
3,512,692.00
54,250.00
584,204.00
21,656,035.45
48,300,000.00
24,000.00
5,983,352.00
60,000.00
1,248.00
54,368,600.00
55,000,000.00
3,300,000.00
764,315.11
4,064,315.11
7,612,553.89
Total
48,300,000.00
24,000.00
5,983,352.00
60,000.00
1,248.00
3,300,000.00
442,854.47
3,742,854.47
10,370,016.42
3,300,000.00
906,908.97
4,206,908.97
19,292,774.45
3,300,000.00
153,260.55
3,453,260.55
18,202,774.90
13,200,000.00
2,267,339.10
15,467,339.10
18,202,774.90
83
Table 7.4.2
Year 2
Beginning cash
Land
Label
Registration fees
Cash form Investor
Payback
Black Sheep Farm

Quarter1
Quarter2
Quarter3
Quarter4
18202774.9
11560000
662535
9703204.69
934992
15600
163404
18,283,039.21
14310364.1
8500000
662535
0
857100
11900
129148
21,149,681.10
17383096.63
7650000
662535
0
857100
12550
128148
23,372,763.63
19665654.66
13090000
662535
0
863500
14200
169504
31,045,915.66
19665654.66
40800000
2650140
9703204.69
3512692
54250
590204
31,045,915.66
3300000
672675.109
3,972,675.11
14310364.1
3300000
466584.469
3,766,584.47
17383096.63
3300000
407108.969
3,707,108.97
19665654.66
3300000
784450.549
4,084,450.55
26961465.11
13200000
2330819.096
15,530,819.10
26961465.11
Total
84
Table 7.4.3
Year 3
Beginning cash
Land
Label
Registration fees
Cash from Investment
Pay back
Cash paid for Dividend
Black Sheep Farm

Quarter1
Quarter2
Quarter3
Quarter4
26,961,465.11
16,320,000.00
662,535.00
9,989,224.69
934,992.00
15,600.00
166,404.00
31,512,709.42
27,207,044.31
10,200,000.00
662,535.00
0.00
857,100.00
11,900.00
134,148.00
35,741,361.31
31,856,126.84
11,390,000.00
662,535.00
0.00
857,100.00
12,550.00
134,148.00
41,579,793.84
37,611,304.87
13,090,000.00
662,535.00
0.00
863,500.00
14,200.00
178,504.00
48,982,565.87
37,611,304.87
51,000,000.00
2,650,140.00
9,989,224.69
3,512,692.00
54,250.00
613,204.00
48,982,565.87
3,300,000.00
1,005,665.11
4,305,665.11
27,207,044.31
3,300,000.00
585,234.47
3,885,234.47
31,856,126.84
3,300,000.00
668,488.97
3,968,488.97
37,611,304.87
3,300,000.00
783,820.55
4,083,820.55
44,898,745.32
13,200,000.00
3,043,209.10
16,243,209.10
44,898,745.32
Total
85
Table 7.4.4
Year 4
Beginning cash
Land
Label
Registration fees
Cash from Investment
Pay Back
Black Sheep Farm

Quarter1
Quarter2
Quarter3
Quarter4
44,898,745.32
15,980,000.00
662,535.00
13,042,324.69
934,992.00
15,600.00
171,404.00
46,051,889.63
41,770,334.20
10,030,000.00
662,535.00
0.00
857,100.00
11,900.00
138,148.00
50,130,651.20
46,257,556.41
10,710,000.00
662,535.00
0.00
857,100.00
12,550.00
137,148.00
55,298,223.41
51,377,504.12
14,960,000.00
662,535.00
0.00
863,500.00
14,200.00
181,504.00
64,615,765.12
51,377,504.12
51,680,000.00
2,650,140.00
13,042,324.69
3,512,692.00
54,250.00
628,204.00
64,615,765.12
3,300,000.00
981,555.43
4,281,555.43
41,770,334.20
3,300,000.00
573,094.79
3,873,094.79
46,257,556.41
3,300,000.00
620,719.29
3,920,719.29
51,377,504.12
3,300,000.00
914,550.87
4,214,550.87
60,401,214.25
13,200,000.00
3,089,920.38
16,289,920.38
60,401,214.25
Total
86
Table 7.4.5
Year 5
Beginning cash
Land
Label
Registration fees
Cash Investment
Pay Back
Black Sheep Farm

For Jan 1 until 31 Dec.
Quarter1
Quarter2
Quarter3
Quarter4
60,401,214.25
16,660,000.00
662,535.00
13,242,515.89
934,992.00
15,600.00
176,204.00
62,029,367.36
58,847,811.93
10,540,000.00
662,535.00
0.00
857,100.00
11,900.00
143,148.00
67,713,128.93
67,140,034.14
9,690,000.00
662,535.00
0.00
857,100.00
12,550.00
143,148.00
75,154,701.14
74,533,981.85
15,300,000.00
662,535.00
0.00
863,500.00
14,200.00
177,004.00
88,116,742.85
74,533,981.85
52,190,000.00
2,650,140.00
13,242,515.89
3,512,692.00
54,250.00
639,504.00
94,888,200.04
2,200,000.00
981,555.43
3,181,555.43
58,847,811.93
573,094.79
573094.789
67,140,034.14
620,719.29
620719.289
74,533,981.85
914,550.87
914550.869
87,202,191.98
2,200,000.00
3,089,920.38
5,289,920.38
87,202,191.98
Total
87
7.5 Balance Sheet

Table 7.5.1
88
Year1
Current Asset
- Cash
Fixed asset
- Land
- Lable
- Equipment & Building
- Registration fees
- Internet & Telephone
- Depreciation
Total asset
Liability
- Beginning tax
- Taxes(30%)
Total liability
Equity
- Investor Capital
- Pay Back
- Remaining Investor Capital
- Beginning
- Retained earning
Total retained earning
- Withdrawal
Total equity
Total equity and liability
Black Sheep Farm

Balance Sheet
Quarter1
Quarter2
Quarter3
Quarter4
Total
7,612,553.89
10,370,016.42
19,292,774.45
18,202,774.90
18,202,774.90
48,300,000.00
24,000.00
5,983,352.00
60,000.00
1,248.00
173,824.59
62,154,978.48
48,300,000.00
24,000.00
5,809,527.41
60,000.00
1,248.00
173,824.59
64,738,616.42
48,300,000.00
24,000.00
5,635,702.82
60,000.00
1,248.00
173,824.59
73,487,549.86
48,300,000.00
24,000.00
5,461,878.23
60,000.00
1,248.00
173,824.59
72,223,725.72
48,300,000.00
24,000.00
5,983,352.00
60,000.00
1,248.00
695,298.36
72,223,725.72
0
3,261,493.32
3,261,493.32
3,261,493.32
1,897,947.72
5,159,441.05
5,159,441.05
3,886,752.72
9,046,193.77
9,046,193.77
656,830.92
9,703,024.69
9,703,024.69
55,000,000
3,300,000.00
51,700,000.00
0.00
6,849,135.98
6,849,135.98
344,349.18
58,893,485.16
62,154,978.48
51,700,000.00
3,300,000.00
48,400,000.00
6,849,135.98
3,985,690.22
10,834,826.20
344,349.18
59,579,175.38
64,738,616.42
48,400,000.00
3,300,000.00
45,100,000.00
10,834,826.20
8,162,180.72
18,997,006.91
344,349.18
64,441,356.09
73,487,549.86
45,100,000.00
3,300,000.00
41,800,000.00
18,997,006.91
1,379,344.94
20,376,351.85
344,349.18
62,520,701.03
72,223,725.72
55,000,000
13,200,000.00
41,800,000.00
20,376,351.85
1,377,396.72
62,520,701.03
72,223,725.72
Table 7.5.2
89
Year2
Current Asset
- Cash
Fixed asset
- Land
- Lable
- Registration fees
- Depreciation
Total asset
Liability
- Beginning tax
- Taxes(30%)
Total liability
Equity
- Investor Capital
- Pay Back
- Beginning
- Retained earning
- Withdrawal
Total equity
Black Sheep Farm

Balance Sheet
For Jan 1 until Dec 31
Quarter1
Quarter2
Quarter3
Quarter4
14,310,364.10
17,383,096.63
19,665,654.66
26,961,465.11
26,961,465.11
48,300,000.00
24,000.00
5,288,053.64
60,000.00
1,248.00
173,824.59
68,157,490.33
48,300,000.00
24,000.00
5,114,229.05
60,000.00
1,248.00
173,824.59
71,056,398.27
48,300,000.00
24,000.00
4,940,404.46
60,000.00
1,248.00
173,824.59
73,165,131.71
48,300,000.00
24,000.00
4,766,579.87
60,000.00
1,248.00
173,824.59
80,287,117.57
48,300,000.00
96,000.00
5,288,053.64
60,000.00
1,248.00
695,298.36
80,287,117.57
0
2,882,893.32
2,882,893.32
2,882,893.32
1,999,647.72
4,882,541.04
4,882,541.04
1,744,752.72
6,627,293.76
6,627,293.76
3,361,930.92
9,989,224.68
9,989,224.68
41,800,000
3,300,000.00
38,500,000.00
20,376,351.85
6,054,075.98
26,430,427.83
344,169.18
65,274,597.01
68,157,490.33
38,500,000.00
3,300,000.00
35,200,000.00
26,430,427.83
4,199,260.22
30,629,688.05
344,169.18
66,173,857.23
71,056,398.27
35,200,000.00
3,300,000.00
31,900,000.00
30,629,688.05
3,663,980.72
34,293,668.77
344,169.18
66,537,837.95
73,165,131.71
31,900,000.00
3,300,000.00
28,600,000.00
34,293,668.77
7,060,054.94
41,353,723.71
344,169.18
70,297,892.89
80,287,117.57
Total
41,800,000
13,200,000.00
28,600,000.00
41,353,723.71
1,376,676.72
70,297,892.89
80,287,117.57
90
Table 7.5.3
Year3
Current Asset
- Cash
Fixed asset
- Land
- Lable
- Equipment&Building
- Registration fees
- Depreciation
Total asset
Liability
- Beginning tax
- Taxes(30%)
Total liability
Equity
- Investor Capital
- Pay Back
- Beginning
- Retained earning
- Withdrawal
Total equity
Black Sheep Farm

Balance Sheet
Quarter1
Quarter2
Quarter3
Quarter4
27,207,044.31
31,856,126.84
37,611,304.87
44,898,745.32
44,898,745.32
48,300,000.00
24,000.00
4,592,755.28
60,000.00
1,248.00
173,824.59
80,358,872.18
48,300,000.00
24,000.00
4,418,930.69
60,000.00
1,248.00
173,824.59
84,834,130.12
48,300,000.00
24,000.00
4,245,106.10
60,000.00
1,248.00
173,824.59
90,415,483.56
48,300,000.00
24,000.00
4,071,281.51
60,000.00
1,248.00
173,824.59
97,529,099.42
48,300,000.00
24,000.00
4,592,755.28
60,000.00
1,248.00
695,298.36
97,529,099.42
0
4,309,993.32
4,309,993.32
4,309,993.32
2,508,147.72
6,818,141.04
6,818,141.04
2,864,952.72
9,683,093.76
9,683,093.76
3,359,230.92
13,042,324.68
13,042,324.68
28,600,000
3,300,000.00
25,300,000.00
41,353,723.71
9,050,985.98
50,404,709.69
344,169.17
76,048,878.86
80,358,872.18
25,300,000.00
3,300,000.00
22,000,000.00
50,404,709.69
5,267,110.22
55,671,819.91
344,169.17
78,015,989.08
84,834,130.12
22,000,000.00
3,300,000.00
18,700,000.00
55,671,819.91
6,016,400.72
61,688,220.63
344,169.17
80,732,389.80
90,415,483.56
18,700,000.00
3,300,000.00
15,400,000.00
61,688,220.63
7,054,384.94
68,742,605.57
344,169.17
84,486,774.74
97,529,099.42
Total
28,600,000
13,200,000.00
15,400,000.00
68,742,605.57
1,376,676.68
84,486,774.74
97,529,099.42
91
Table 7.5.4
Year4
Current Asset
- Cash
Fixed asset
- Land
- Lable
- Registration fees
- Depreciation
Total asset
Liability
- Beginning tax
- Taxes(30%)
Total liability
Equity
- Investor Capital
- Pay Back
- Beginning
- Retained earning
- Withdrawal
Total equity
Black Sheep Farm

Balance Sheet
Quarter1
Quarter2
Quarter3
Quarter4
41,770,334.20
46,257,556.41
51,377,504.12
60,401,214.25
60,401,214.25
48,300,000.00
24,000.00
3,897,456.92
60,000.00
1,248.00
173,824.59
94,226,863.71
48,300,000.00
24,000.00
3,723,632.33
60,000.00
1,248.00
173,824.59
98,540,261.33
48,300,000.00
24,000.00
3,549,807.74
60,000.00
1,248.00
173,824.59
103,486,384.45
48,300,000.00
24,000.00
3,375,983.15
60,000.00
1,248.00
173,824.59
112,336,269.99
48,300,000.00
24,000.00
3,897,456.92
60,000.00
1,248.00
695,298.36
112,336,269.99
0
4,206,666.12
4,206,666.12
4,206,666.12
2,456,120.52
6,662,786.64
6,662,786.64
2,660,225.52
9,323,012.16
9,323,012.16
3,919,503.72
13,242,515.88
13,242,515.88
15,400,000
3,300,000.00
12,100,000.00
68,742,605.57
8,833,998.86
77,576,604.43
343,593.16
90,020,197.59
94,226,863.71
12,100,000.00
3,300,000.00
8,800,000.00
77,576,604.43
5,157,853.10
82,734,457.53
343,017.16
91,877,474.69
98,540,261.33
8,800,000.00
3,300,000.00
5,500,000.00
82,734,457.53
5,586,473.60
88,320,931.13
342,441.16
94,163,372.29
103,486,384.45
5,500,000.00
3,300,000.00
2,200,000.00
88,320,931.13
8,230,957.82
96,551,888.95
341,865.16
99,093,754.11
112,336,269.99
Total
15,400,000
13,200,000.00
2,200,000.00
96,551,888.95
1,370,916.64
99,093,754.11
112,336,269.99
92
Table 7.5.5
Year5
Current Asset
- Cash
Fixed asset
- Land
- Lable
- Registration fees
- Depreciation
Total asset
Liability
- Beginning tax
- Taxes(30%)
Total liability
Equity
- Investor Capital
- Pay Back
- Beginning
- Retained earning
- Withdrawal
Total equity
Black Sheep Farm

Balance Sheet
Quarter1
Quarter2
Quarter3
Quarter4
58,847,811.93
67,140,034.14
74,533,981.85
87,202,191.98
87,202,191.98
48,300,000.00
24,000.00
3,202,158.56
60,000.00
1,248.00
173,824.59
110,609,043.08
48,300,000.00
24,000.00
3,028,333.97
60,000.00
1,248.00
173,824.59
118,727,440.70
48,300,000.00
24,000.00
2,854,509.38
60,000.00
1,248.00
173,824.59
125,947,563.82
48,300,000.00
24,000.00
2,680,684.79
60,000.00
1,248.00
173,824.59
138,441,949.36
48,300,000.00
24,000.00
3,202,158.56
60,000.00
1,248.00
695,298.36
138,441,949.36
0
4,409,226.12
4,409,226.12
4,409,226.12
2,607,620.52
7,016,846.64
7,016,846.64
2,352,425.52
9,369,272.16
9,369,272.16
4,022,853.72
13,392,125.88
13,392,125.88
220,000
220,000.00
0.00
96,551,888.95
9,259,374.86
105,811,263.81
388,553.15
106,199,816.96
110,609,043.08
0.00
0.00
0.00
105,811,263.81
5,476,003.10
111,287,266.91
423,327.15
111,710,594.06
118,727,440.70
0.00
0.00
0.00
111,287,266.91
4,940,093.60
116,227,360.51
350,931.15
116,578,291.66
125,947,563.82
0.00
0.00
0.00
116,227,360.51
8,447,992.82
124,675,353.33
374,470.15
125,049,823.48
138,441,949.36
Total
220,000
220,000.00
0.00
124,675,353.33
1,537,281.60
125,049,823.48
138,441,949.36
93
7.6 Payback period

From Balance Sheet figure, we can payback to investor in quarter 1(January March)
of year 5 by we pay back and dividend every month from net income.
94
Chapter 8
Risk Analysis
95
Chapter 8 Risk Analysis

8.1 Risk management analysis
Because of Black sheep farm is located in Mae-rim near the city of Chiang Mai, so
our shop has both direct and indirect competitors like a following analysis.
8.1.1 Competitor risk
After we explored the sheep farm at city of Chiang Mai area by data collection
method, we found that there are only one competitors of sheep farm for tourism and have
Chiang Mai zoo in external competitor. But in the future, we may have more competitors,
both direct and indirect. We must therefore prepare to cope with risks by creating a standard
of our farm such as creating a good reputation with the store, promote our farm for all special
day or festival to attract customers' attention, provide the best service for customer in order to
create loyal customers all to protect competing with its competitors in the future.
8.1.2 External risk
Every business has all external risks, these external risks are the risk that we cant
control or dealing with it. It consists of following risks:
Social risk of sheep farm is inconstant because numbers of travelers dependent on interested
and benefit to be received from tourism. Black sheep farm is attractions have sheep to attract
customers and can make an impression in during the short period of time and traveler are less
likely will be to visit again. In Chang Mai have travelers in term of people in the country and
international travelers all year but have many attractions in Chang Mai as well and our sheep
farm is new attractions difficult to grow in a short years.
Technology risk in sheep farm is management system of cleanliness because cleanness is
most important in farm and if farm have dirty or full of germs is cause of disease and some
disease can infection to human.
Economic risk Situation of economic in 2013 grow up more than last year about tourism
industry and it is positive affect for our business but in the future we may be meet this
problem , we choose to interest it because economic is important factor that effect to all
business. This is because travelers from China, India and ASEAN come to travel in Thailand
much more. so that disadvantage of our business because if economic is negative people will
dont want to travel so we will use method about the adjustment to the price of raw materials
and products as appropriate for the economy in each period.
Political risk this year the political of Thailand and Chiang Mai greater than past, and we
expected that the future of politics is not likely to impact the economy is not for much.
Referent:http://www.cpthailand.com/Default.aspx?tabid=129&articleType=ArticleView&arti
cleId=1474
96
8.1.3 Risk of diseases

Sheep farming is depending on healthy sheep because any customers those come to
travel or spend time with their families, they concern about how safety from sheeps diseases.
The risk of Sheeps diseases should be concerned.
Common Diseases or Problems
1. Abortion
Campylobacter or vibrio may cause 10 to 60% of the abortions in a flock. The
ewe usually is not sick. The fetus and placenta are aborted during the last three to four
weeks of gestation. The placenta is thickened and brown. Some ewes infected with
vibrio may not abort but will produce weak lambs, most of which die.The vibrio
organism is taken in orally. It is not a venereal disease. Too high concentrations of
sheep and feeding contaminated feeds increase the chance of an outbreak. New sheep
that carry the organism will bring it to your flock.Vaccinate with killed vaccine at
breeding and mid-gestation if abortion has been a problem. The second year, use a
booster at mid-gestation. Vaccination cost is 40 cents per ewe per year.
If ewes have not been vaccinated and an abortion outbreak occurs, feeding 250400
mg tetracycline (Aureomycin or Terramycin) per ewe daily for 30 days usually is an
effective preventive measure.
Chlamydia, or enzootic abortion, affects twofive percent of ewes. This disease
has become more prevalent in the Midwest since 1970. The ewe usually is sick and
won't eat for two or three days. The placenta is retained and is brown in color. The
ewe usually has a vaginal discharge. Abortion occurs during the last four weeks of
gestation. There is now a vaccine (killed bacterin) that costs about $1 per ewe. In case
of an outbreak, antibiotics help, but the low incidence lessens its practicability.
Toxoplasmosis is caused by the protozoan parasite Toxoplasma gondi, which
occurs in humans, several other mammals, and birds. In sheep it causes abortion,
encephalitis, and pneumonitis. It was first isolated in sheep in 1942 and has become
the most frequently diagnosed cause of abortion in sheep since then. Abortion occurs
during the last month of gestation, although some infected ewes produce dead or weak
lambs at term. Excrement on hay and grain from cats is a major source of infection.
Since the protozoa that causes toxoplasmosis has some similarities to coccidiosis,
Rumensin (not approved for sheep but available through a veterinarian's prescription)
and Bovatec have been fed to ewes during late gestation to successfully control the
disease. The dosage is Rumensin, 1520 mg or 3540 mg of Bovatec/ewe daily. If a
nonpregnant ewe becomes infected with toxoplasmosis and builds up an immunity
against the disease before becoming pregnant, abortion is normally avoided.
Idiopathic abortions are abortions for which there is no explanation. The majority of
abortions are idiopathic.
97
2. Ovine Progressive Pneumonia (OPP, Mpedi or Lunger disease)

This disease was once restricted to the western states, but is now very prevalent in the
Midwest. It's usually a disease of older sheep. Lung infection causes sheep to waste away. In
younger sheep it may express itself as mastitis and hard meaty udders that produce little or no
milk. Since it can be passed from sheep to sheep by contact and via colostrum, culling of
infected sheep is recommended.
3. Pregnancy Disease
Pregnancy disease is an upset or interference in the metabolism cycle of carbohydrates; it
is not related in any way to the amount of exercise the ewe gets. In converting fatty acids and
particularly body fat to glucose, ketones accumulate in the bloodstream and blood glucose
levels decline. The ketones are very toxic to the ewe, resulting in death within twofive days.
Pregnancy disease occurs only among ewes carrying multiple fetuses and usually only during
the last fourfive weeks of gestation. The ewe stops eating, which reduces her source of
carbohydrate. She separates from the flock, often wanders aimlessly, and may press her head
against the barn or feedbunk.
Unless a ewe is treated very soon after the first signs are noticed, little can be done. Separate
her from the flock, drench her with pint propylene glycol twice a day until she eats, and
offer her grain and hay. Drenching with glucose, honey, or molasses or injecting 4050 cc of
510% glucose under the skin also may be used with reasonable success. If the ewe is not
treated the first day, however, the prognosis is poor.
To prevent pregnancy disease, keep ewes gaining weight during the last four weeks of
gestation. Increase the energy intake by feeding, in addition to hay, .51.0 pound grain per
ewe daily. Fat ewes may be more susceptible, because they have difficulty increasing in
weight, have limited feed capacity in relation to their size, and have an abundant amount of
fat to convert to energy.
4. Caseous Lymphadenitis
Caseous lymphadenitis, which is caused by Corynebacterium pseudotuberculosis, is a
widely spread disease of mature sheep and a major reason for condemnation of ewe
carcasses. The abscesses occur in the lymph nodes and may affect the lungs, liver, kidneys,
and spleen. Shearing wounds are the major cause and means of spreading the disease. To
minimize spreading the disease, shear lambs first and disinfect shearing clippers.
5. Entropion
Entropion, or turned under eyelids, occurs most frequently in and is most damaging to
lambs. It is an inherited condition and appears in most breeds. One treatment is to remove a
small section of the skin about 3/8 inch below the bottom eyelid, which will draw down the
eyelid when the skin heals. The eyelid also can be clipped or drawn down with thread. Failure
to correct the condition will lead to an unthrifty lamb that may remain blind.
98
6. Polyarthritis
Polyarthritis is arthritis involving one or more leg joints. It may or may not produce pus
about the joint. Bacteria causing it are Corynebacterium pseudotuberculosis (the same
bacteria that cause caseous lymphadenitis in ewes) and Erysipelothrix insidiosa (swine
erysipelas). The organism enters the body through the umbilicus or through docking or
castrating wounds. To prevent polyarthritis, disinfect the navel cord and docking and
castrating wounds. Treatment with antibiotics is only moderately successful.
7. Urinary Calculi
Urinary calculi occurs in feedlot wether lambs and rams on high grain rations and in
creep-fed wether lambs. Mortality is 8090% of those affected. The usual cause is an
improper calcium: phosphorus ratio. High grain rations result in a Ca:P ratio of 1:2 or 1:3.
The ratio of Ca:P should be 1.5:1 or 2:1; thus, you must add limestone (not Dical) to fattening
lamb rations. The addition of .5% ammonium chloride to the grain ration also is an effective
preventive measure.
8. Mastitis
Mastitis (acute pasteurella) is the major reason producers cull ewes. Mastitis is associated
with lambs with sore mouth and incorrect "drying up" of the ewe at weaning. Minimize
reinfection by isolating the infected ewe and her lambs. Palpate udders in the fall and cull
ewes with indications of scar tissue. Mark infected ewes at lambing time. Avoid udder injury,
and cull ewes with pendulous udders. Treatment includes giving sulfamethazine at one grain
per pound of body weight (two bolus), intramammary infusion of the udder (by a teat tube),
or intramuscular injection of 810 cc of tetracycline.
9. Ewe Prolapse
Prolapse is a major cause of ewe mortality. Ewes, and especially ewe lambs, that are fat
and aren't getting exercise seem prone. Moldy feed that contains estrogen may upset hormone
balance sufficiently to cause expulsion of the vagina or uterus.
Vaginal prolapse occurs before lambing and may be inherited. It may be due to
too bulky feed, natural estrogens in the feed or those produced by molds, short tail
dock, or injury. To correct it, clean the protruding tissue, elevate the rear quarters of
the ewe, and reinsert the tissue. To keep the tissue in, you can suture the vulva
partially, insert a plastic ewe retainer, or fasten a rope hitch around the ewe in a
manner that permits tying three knots over the vulva. Use an antibiotic to arrest
infection and cull the ewe.
Uterine prolapse occurs after lambing and may be due to a parturition accident. It
may never occur again. If uterine infection develops, treat it with sulfa bolus or an
antibiotic. Use a ewe retainer, feed a low roughage diet, elevate the ewe's rear
quarters, and use a rope hitch as described above.
99
10. Footrot
Footrot is a grievous disease that almost defies curing. For a small flock of grade ewes,
selling out and starting over is the wisest decision.
Footrot is caused by two bacteriaFusobacterium necrophorum and Bacteroides nodosus
that act synergistically. F. necrophorum is common in most manure; it is very hardy and can
live for years in manure. It contributes to footrot in cattle and causes thrush in horses. B.
nodosus apparently lives only in sheep hooves. It dies out in soil in two weeks. It grows very
slowly, so the incubation period may be long. Foot abscesses may be caused by B. nodosus,
but footrot requires the presence of both B. nodosus and F. necrophorum. Moist soil
conditions contribute greatly to the cause and spread of footrot.
To control and treat footrot:
Trim the hoof wall to the quick in all sheep.
Soak affected hooves for five minutes in a foot bath containing 90% water and 10%
formalin (37% formaldehyde) or 10% zinc sulfate. Zinc sulfate is as effective as
formalin and is safer to use.
Isolate limpers and repeat one week later. Turn apparently cured sheep into an
uncontaminated area. Doing so does create a problem, however, because some sheep
thought to be clean actually still are infected. With time and moist conditions, they will
reinfect other sheep.
Reexamine all sheep and remove any limpers you initially thought were clean. Force
sheep to move through a 10% zinc sulfate solution daily for 30 days. This has become
the most successful treatment scheme.
Sell persistent limpers.
If you sell all sheep, wait three weeks before bringing in new sheep.
11. Sore Mouth
Sore mouth (contagious ecthyma) is caused by a virus. Herpes ulcers develop on the lip
and tongue of the lamb and on the udder of the ewe. An abrasion on the lips seems to
contribute to its incidence. It is more prevalent in lambs raised on rubber nipples. Vaccinate if
you have infected sheep running with susceptible sheep (young lambs). If you show sheep,
vaccination is a must. For most sheep it is of little concern. Other than with baby lambs, let it
run its course. It is a virus, so antibiotics are ineffective. Vaccinate at twothree days if you
have had previous problems and have brought in unexposed sheep.
12. Scrapie
Scrapie (wasting disease) has a twofive year incubation period. Suffolk and North
Country Cheviot appear to be most susceptible. An infected sheep rubs its head and rump
against buildings or fences, becomes nervous, and develops muscular tremors and
convulsions that result in death. Only a small percentage of flocks are afflicted with this rare
disease.
100
13. Pinkeye
About 15% of flockowners surveyed reported pinkeye as a problem. Use tender loving
care that includes darkening loafing areas to minimize eye stress, and let it run its course. In
two or three weeks it usually cures itself.
14. Lamb Starvation
Lamb starvation, the number one killer of lambs, often is associated with lack of
shepherding. Contributing causes are:
The lamb doesn't get started (gets no colostrum). Seventy-five percent of lambs that
don't get colostrum die for one reason or another.
The ewe won't claim the lamb.
Mastitis.
The teat is too big or is too near the ground and the lamb doesn't find it.
Sore mouth.
The ewe can't feed two lambs (mastitis, too little feed, etc.).
Joint injury or illness.
Pneumonia, which often is associated with lambs that received no colostrum and thereby
lack immune bodies.
Difficult parturition.
A "genetic will to die." Actually, the majority of lambs die for no apparent reason. A
genetically caused lack of vitality may well be the cause.
15. Pneumonia
Pneumonia, the number one lamb disease, occurs because of a lack of colostrum, because
of "mastitis milk," or because ewes are heavily infected with pasteurella (99% are infected, so
the organism is always present). A lamb contracts pneumonia because it can't stand such
stresses as too little milk, draft, dampness, and ammonia off a manure pack.
Diagnosis of sick, unthrifty young lambs is relatively simple, because 90% of the time they
are either starving or have pneumonia. Strive for early detection and start antibiotic treatment
before the lungs have been permanently damaged.
Treatment for pneumonia is to inject the lamb with antibiotics (tetracycline, penicillin, or
streptomycin) plus one grain sulfamethazine per pound of body weight. Adequate selenium
and vitamin E help the lamb withstand pneumonia. Keep the lamb strong!
101
16. Baby Lamb Scours

Scours are due to one of many bacteria. To minimize the problem, an adequate intake of
colostrum (eight to 12 ounces of either ewe or cow colostrum) is absolutely essential. Scours
may hit the lamb the first day of life. The lamb succumbs due to added stress (draft,
ammonia, poor ventilation). Clostridium perfringens type C may be the cause of baby lamb
scours. Vaccinate the ewe four weeks prelambing to prevent it.
Treat scours with a 250 mg tetracycline capsule orally, injection of 1 cc penicillin or
tetracycline (IM). E. coli salmonella often is the cause.
17. Coccidiosis
Coccidiosis usually occurs in lambs four weeks or older. It is caused by protozoa. Treat it
with amprolin or sulfamethazine (one grain per pound of body weight). Rumensin, 15
grams/ton, in feed prevents it. Rumensin is approved for cattle but not sheep.) Bovatec, 40
g/ton of feed, is also effective. Electrolyte-baking soda or consomme soup are supportive
treatments. Lambs usually show blackish, blood-tinged diarrhea and are reluctant to eat.
18. White Muscle Disease
The cause of white muscle disease (muscular dystrophy) is a lack of selenium or vitamin
E or both. In Minnesota, a lack of vitamin E is more likely to be the cause. Signs are lambs
born dead or weak, or lambs that are unable to rise or walk or that do so stiffly. It may affect
six- to eight-week-old lambs. Very often the fastest gaining lambs are affected.
To prevent white muscle disease, feed salt containing 90 ppm selenium, feed salt fortified
with 100,000 I.U. vitamin E per 100 pounds salt, or inject young lambs with selenium and
vitamin E on day 1 and day 10.
19. Enterotoxemia
Enterotoxemia can kill sheep of all ages but usually kills only those that consume high
levels of carbohydrates. Feedlot mortality for vaccinated lambs is .5%; for unvaccinated
lambs it is 510%. Vaccination costs about 15 cents per lamb.
Clostridium perfringens type D, one type of bacteria that causes enterotoxemia, is most
prevalent in feedlot or in creep-fed lambs. Symptoms are sudden death, occasional pushing
and staggering, and apparent blindness.
For an outbreak, vaccinate with type D toxoid on day 1 and again 1214 days later, deworm, and reduce grain until the vaccine takes effect.
C. perfringens type C causes a type of enterotoxemia that usually is accompanied by bloody
scours. Mortality may be high. It usually occurs among fast gaining lambs during the first
three weeks. Ewes vaccinated three-four weeks prelambing provide antibody protection in
their milk. Normally, vaccine won't "take" on young (3- to 10-day) lambs that are nursing.
Acidosis High grain intake lowers the rumen pH from about 7.2 to 5.25.8 causing lambs to
discontinue eating, pain and if sufficiently severe, death. Purging with mineral oil or a
bicarbonate drench is effective.
Referent: http://www.extension.umn.edu/distribution/livestocksystems/di1877.html
102
8.1.4 Risk of human resource

The Human Resource Risk is designed to help the manager decide which sources of
human resource risk require controls, which might need attention in the future, and which
represent little threat to continuing business activity.
1. Understanding their responsibility
Some of employees might be not understand their job task, so they lose their
responsibilities to do. Head or manager should avoid them to do their job and monitor
them to do in the right way.
2. Being ethical to organization
Some of employees might be unethical when they are during working time in many
way, for example, cheating, roughly speaking to customers or other employees. Head
or other employees should make caution to them.
3. Salary and wage
Salary and wage of employees are depending on their job task. Organization cannot
increase their salary without checking their performance and their own responsibility.
Organization should notice all of employees about these.
103
8.2 Financial Risk

8.2.1. Risk of sale decrease
8.2.1.1 Risk of sale decrease 5% for 5 Years
Table 8.2.1.1
Revenue
Sale
Sales Decrease 5 %
Net sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income

Risk of sale decrease 5%
Year 1
Year 2
Year 3
Year 4
Year 5
39,840,000
1,992,000
37,848,000
40,800,000
2,040,000
38,760,000
51,000,000
2,550,000
48,450,000
51,680,000
2,584,000
49,096,000
52,190,000
2,609,500
49,580,500
2,650,140
35,197,860
2,650,140
36,109,860
2,650,140
45,799,860
2,650,140
46,445,860
2,650,140
46,930,360
54,250.00
54,250.00
54,250.00
54,250.00
3,512,692.00 3,512,692.00 3,512,692.00 3,512,692.00
584,204.00
590,204.00
613,204.00
628,204.00
695,298.36
695,298.36
695,298.36
692,994.36
4,846,444.36 4,852,444.36 4,875,444.36 4,888,140.36
30,351,415.64 31,257,415.64 40,924,415.64 41,557,719.64
9,105,424.69 9,377,224.69 12,277,324.69 12,467,315.89
21,245,990.95 21,880,190.95 28,647,090.95 29,090,403.75
54,250.00
3,512,692.00
639,504.00
692,994.36
4,899,440.36
42,030,919.64
12,609,275.89
29,421,643.75

Table 8.2.1.2
Revenue
Sale
Sales Decrease 10 %
Net sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income

Year 1
Year 2
Year 3
Year 4
Year 5
39,840,000
3,984,000
35,856,000
40,800,000
4,080,000
36,720,000
51,000,000
5,100,000
45,900,000
51,680,000
5,168,000
46,512,000
52,190,000
5,219,000
46,971,000
2,650,140
33,205,860
2,650,140
34,069,860
2,650,140
43,249,860
2,650,140
43,861,860
2,650,140
44,320,860
54,250.00
54,250.00
54,250.00
54,250.00
54,250.00
3,512,692.00 3,512,692.00 3,512,692.00 3,512,692.00 3,512,692.00
584,204.00
590,204.00
613,204.00
628,204.00
639,504.00
695,298.36
695,298.36
695,298.36
692,994.36
692,994.36
4,846,444.36 4,852,444.36 4,875,444.36 4,888,140.36 4,899,440.36
28,359,415.64 29,217,415.64 38,374,415.64 38,973,719.64 39,421,419.64
8,507,824.69 8,765,224.69 11,512,324.69 11,692,115.89 11,826,425.89
19,851,590.95 20,452,190.95 26,862,090.95 27,281,603.75 27,594,993.75
104

Table 8.2.1.3
Revenue
Sale
Sales Decrease 15 %
Net sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Profit and Loss Statement

Year 1
Year 2
Year 3
Year 4
Year 5
39,840,000
5,976,000
33,864,000
40,800,000
6,120,000
34,680,000
51,000,000
7,650,000
43,350,000
51,680,000
7,752,000
43,928,000
52,190,000
7,828,500
44,361,500
2,650,140
31,213,860
2,650,140
32,029,860
2,650,140
40,699,860
2,650,140
41,277,860
2,650,140
41,711,360
54,250.00
54,250.00
54,250.00
54,250.00
54,250.00
3,512,692.00 3,512,692.00 3,512,692.00 3,512,692.00 3,512,692.00
584,204.00
590,204.00
613,204.00
628,204.00
639,504.00
695,298.36
695,298.36
695,298.36
692,994.36
692,994.36
4,846,444.36 4,852,444.36 4,875,444.36 4,888,140.36 4,899,440.36
26,367,415.64 27,177,415.64 35,824,415.64 36,389,719.64 36,811,919.64
7,910,224.69 8,153,224.69 10,747,324.69 10,916,915.89 11,043,575.89
18,457,190.95 19,024,190.95 25,077,090.95 25,472,803.75 25,768,343.75
105
8.2.2 Risk of Cost/Expense increase

8.2.2.1 Risk of Cost/Expense increase by 5% for 5 Years
Table 8.2.2.1
Black Sheep Farm
Year 1
Year 2
Year 3
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Cost of Goods Sold Increase 15 %
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Year 4
Year 5
39,840,000.00
39,840,000.00
40,800,000.00
40,800,000.00
51,000,000.00
51,000,000.00
51,680,000.00
51,680,000.00
52,190,000.00
52,190,000.00
2,650,140.00
3,047,661.00
36,792,339.00
2,650,140.00
3,047,661.00
37,752,339.00
2,650,140.00
3,047,661.00
47,952,339.00
2,650,140.00
3,047,661.00
48,632,339.00
2,650,140.00
3,047,661.00
49,142,339.00
54,250.00
3,512,692.00
584,204.00
695,298.36
4,846,444.36
31,945,894.64
9,583,768.39
22,362,126.25
54,250.00
3,512,692.00
590,204.00
695,298.36
4,852,444.36
32,899,894.64
9,869,968.39
23,029,926.25
54,250.00
3,512,692.00
613,204.00
695,298.36
4,875,444.36
43,076,894.64
12,923,068.39
30,153,826.25
54,250.00
3,512,692.00
628,204.00
692,994.36
4,888,140.36
43,744,198.64
13,123,259.59
30,620,939.05
54,250.00
3,512,692.00
639,504.00
692,994.36
4,899,440.36
44,242,898.64
13,272,869.59
30,970,029.05

Table 8.2.2.2
Black Sheep Farm
Year 1
Year 2
Year 3
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Year 4
Year 5
39,840,000.00
39,840,000.00
40,800,000.00
40,800,000.00
51,000,000.00
51,000,000.00
51,680,000.00
51,680,000.00
52,190,000.00
52,190,000.00
2,650,140.00
2,915,154.00
36,924,846.00
2,650,140.00
2,915,154.00
37,884,846.00
2,650,140.00
2,915,154.00
48,084,846.00
2,650,140.00
2,915,154.00
48,764,846.00
2,650,140.00
2,915,154.00
49,274,846.00
54,250.00
3,512,692.00
584,204.00
695,298.36
4,846,444.36
32,078,401.64
9,623,520.49
22,454,881.15
54,250.00
3,512,692.00
590,204.00
695,298.36
4,852,444.36
33,032,401.64
9,909,720.49
23,122,681.15
54,250.00
3,512,692.00
613,204.00
695,298.36
4,875,444.36
43,209,401.64
12,962,820.49
30,246,581.15
54,250.00
3,512,692.00
628,204.00
692,994.36
4,888,140.36
43,876,705.64
13,163,011.69
30,713,693.95
54,250.00
3,512,692.00
639,504.00
692,994.36
4,899,440.36
44,375,405.64
13,312,621.69
31,062,783.95
106

Table 8.2.2.3
Black Sheep Farm
Year 1
Year 2
Year 3
Revenue
Sale
Net Sale
Cost of Good Sold
Cost of Good Sold
Gross Profit
Expense
Marketing Expense
Depreciation Cost
Total Expense
EBIT
Tax 30%
Net Income
Year 4
Year 5
39,840,000.00
39,840,000.00
40,800,000.00
40,800,000.00
51,000,000.00
51,000,000.00
51,680,000.00
51,680,000.00
52,190,000.00
52,190,000.00
2,650,140.00
3,047,661.00
36,792,339.00
2,650,140.00
3,047,661.00
37,752,339.00
2,650,140.00
3,047,661.00
47,952,339.00
2,650,140.00
3,047,661.00
48,632,339.00
2,650,140.00
3,047,661.00
49,142,339.00
54,250.00
3,512,692.00
584,204.00
695,298.36
4,846,444.36
31,945,894.64
9,583,768.39
22,362,126.25
54,250.00
3,512,692.00
590,204.00
695,298.36
4,852,444.36
32,899,894.64
9,869,968.39
23,029,926.25
54,250.00
3,512,692.00
613,204.00
695,298.36
4,875,444.36
43,076,894.64
12,923,068.39
30,153,826.25
54,250.00
3,512,692.00
628,204.00
692,994.36
4,888,140.36
43,744,198.64
13,123,259.59
30,620,939.05
54,250.00
3,512,692.00
639,504.00
692,994.36
4,899,440.36
44,242,898.64
13,272,869.59
30,970,029.05
107
Chapter 9
Summary
108
Summary
Sheep farming is a business that can generate income in multiple channels are a new
business with a high growth rate of sheep as an animal that can be sold almost all parts of the
body, sheep are still bred for both meat and wool production, while some producers raise
sheep for milking. This project will make we know more about sheep farm, headway of
industry and learn how to success by planning and create product or service for guest. And in
Chiang Mai the north of Thailand are the big city and popular of tourism in cold season begin
its opening market or attractive area.
From analysis nowadays sheep farm in Thailand has developed a lot, both of sheep
farm for sheep meat and sheep farm for tourism. The present have many sheep farm in
Thailand such as Hug You Farm at Lampang province, Swiss Sheep Farm at Cha-am etc.
every farm build the sheep farm for tourism such as take a photo with sheep, feed to sheep,
eat some meal with sheep meat etc. The present business about sheep farm is very popular
because we can touch, we can feed, and we can take a photo, with sheep and also sit and
relax, see the good view, eat something good and buy something at souvenir shop at the farm
also promote agricultural growth in the country as well.
Sheep farm in each place is not different by sheep farm will be built on the good
location such as on the mountain for good view and good atmosphere then they will be create
the thing for tourist can take a photo such as building, trough, some chair and table for sit and
relax. This business can make a good profit because less invest but always receive money.
Today sheep farm happen in many place in Thailand and tend to have more in the future
Vision
Mission
1. Provide high quality standard and high value standard of product and services
2. Learn more about to development all the time
3. Development of sheeps farm to have a good management
4. Have to make the customers satisfy with our product and loyalty with our product
109
Strategies of the companies

Black sheep farm is the new travel destination and we different from other
destinations and we wants to give relax destination to travelers. We try to plan the good
strategies that appropriate with our business. The first thing we surveyed the location that
between Chiang Mai Chiang Rai because this business do not have in Chiang Mai - Chiang
Rai and we have less of competitors.
Marketing
Our company use marketing by focus on our farm style and have good infrastructure
that can provide or fulfill good experience for customer in a suitable price for customers
group and our strategy is quick respond in every situation. We plan to the improvement and
develop our travel destination to successful.
Producing
Our business there are the souvenir is famous in the location that match with
customers want which make customers highest satisfaction with good service for them.
General environment analysis
For this part, the impact of political and economic is not negative with sheep farm
because the farm will do sufficiency and suitable for many target group to visit and relax at
the farm. Therefore in social factor, Chiang Rai will have growth rate of tourist in every year,
so we can use benefit from each factor to effectively.
Competitor analysis
The competitors of sheep farm are low direct and low indirect competitor because this
is a new trend and still not widely known. However sheep farm must be an investment and
need to appropriate location. So we can use this advantage for make a business in area of
border Chiang Rai and Chiang Mai.
STP analysis: Segmentation we separate our market according to consume service as follow:
1. Occupancy: Student, Private business, Government officer
2. Income per month
- Less than 5,000 baht
- 5,000 10,000 baht
110
- 10,001 15,000 baht
- More than 15,001 baht
3. Hometown: Local people, Thailand, Other countries, Our target market are local people
and travelers who get income around 5,000 10,000 baht per month. In our farm are
activities that suitable for travelers who come with their family or their friends.
The position of our sheeps farm is a new travel destination in Chiang Mai. Our
sheeps farm provides the activities that suitable for family and friends such as; feeding
sheep, take a photo, and dining. In our sheeps farm has 3 zones; dining zone, souvenir zone,
feeding zone, for travelers enjoy with our sheeps farm. Dining zone, we will recommend our
guests to taste product of lamp; lamp steak, sheeps milk, and homemade bakery (made from
sheeps milk). If guests want something to remind them, souvenir shop is available in
souvenir zone. The last zone, feeding zone is the zone attracted travelers to enjoy our sheeps
farm.
About cost of Investment
Cost of Investment
Location
Label cost
Feeding zone
Dining zone
- Souvenir zone
Registration
Total cost of investment
About investment Cost
48,300,000
2,686,500
828,000
1,336,500
522,000
53,673,000
Feeding zone

Feeding zone
- Building
- Milk bottle
- Bottle brush
- Shearing equipment
- Pickup car
- Harrow
- CCTV
- Sheep feeder
- Bucket Holder
- Bin
Price per unit
No. unit
Total
500,000
25
59
8,500
479,000
55
6,224
1,240
120
149
1
12
12
2
2
4
8
3
6
3
500,000
300
708
17,000
958,000
220
49792
3720
720
447
111
Total Equipment
Dining zone
1,530,907
Table 4.7.2
Price per unit
No. unit
Total
5,200
375
375
356
175
285
1,980
295
240
7,000
150
58,000
49,000
50
13,000
125
590
30,900
6,224
60
60
38
60
116
22
22
800
15,000
149
1,000
2,500,000
1,050
1
3
1
1
2
1
2
2
2
2
6
2
1
12
1
4
1
1
12
150
150
150
150
100
200
200
1
10
5
5
1
1
5,200
1,125
375
356
350
285
3,960
590
480
14,000
900
116,000
49,000
600
13,000
500
590
30,900
74,688
9,000
9,000
5,700
9,000
11,600
4,400
4,400
800
150,000
745
5,000
2,500,000
1,050
Dining zone
Part I - Equipment
- Knife Kit
- Soup Ladle
- Strainer Ladle
- Serving Spoon
- Scrape
- Noodle Strainer
- Teflon Pan
- Indian Pot
- Sauce Pan
- Cutting Board
- Super Freezer
- Tray
- Oven
- Baking Tray
- Knife Rack
- Cash Machine
- CCTV
- Spoon (L)
- Spoon (M)
- Spoon (S)
- Fork
- Steak Knife
- Ivory Glass
- Hi-ball Glass
- Box of Straws
- Sanitary Tools
- Bin
- Safety Equipment
- Building
112
Total Equipment
- Table Big Size
- Table Small Size
- Chairs
- Book Shelf
Total Equipment
Part III Decoration
- Corner Shelf
- Clock
- Tree pot
- Lamp
- Stereo
- Frame
- Wallpaper
Total Equipment
3,023,594
Price per unit
No. unit
Total
3,940
2,290
1,490
7,290
8
4
50
1
Price per unit
No. unit
31,520
9,160
74,500
7,290
122,470
Total
6,500
590
100
840
39,000
40
-
2
2
30
4
2
8
-
13,000
1180
3000
3360
78000
320
120,000
218,860
Souvenir zone
Table 4.7.3
Souvenir zone
- Building
- Air conditioner
- Fan
- Electronic cash register
calculators
- Table
- Chair
- Neon lights
- Computer
- Plug
- CCTV
- Bin
Total Equipment
Price per unit
No. unit
Total
1,000,000
20,000
650
1
1
1
1,000,000
20,000
650
30,900
3,500
1,100
21
30,000
250
6,224
149
1
1
2
6
1
2
4
1
5,500
3,500
2200
126
30,000
500
24896
149
1,087,521
113
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Quarter 1
12,820,000
11,560,000
16,320,000
15,980,000
16,660,000
73,340,000
Total sale
Sale Forecast
Quarter 2
Quarter 3
8,160,000
14,790,000
8,500,000
7,650,000
10,200,000
11,390,000
10,030,000
10,710,000
10,540,000
9,690,000
47,430,000
54,230,000
Quarter 4
4,070,000
13,090,000
13,090,000
14,960,000
15,300,000
60,510,000
Total
39,840,000
40,800,000
51,000,000
51,680,000
52,190,000
235,510,000
Total sale
60,000,000
50,000,000
40,000,000
30,000,000
20,000,000
10,000,000
0
Year 1
Total 39,840,000
Year 2
Year 3
Year 4
Year 5
40,800,000
51,000,000
51,680,000
52,190,000
For financial analysis, the possibility financial in sale forecast helps me know
about expense or investment of this business and we can evaluate our profit and loss.
That helps our set strategies for running business For example balances sheet make us
know about asset liabilities and equity and income statement let us knows the
business will get the profit or loss ,and cash flow that let us knows about cash in
business. In our business we get the profit from sale are in 5 year.
Finally, we must know and understandings about risk in management of
business. There are 2 main risks which we will concern; risk management analysis
and financial risk.
Financial risk have Risk of sale decrease5%,10%,and 15% for five year cant
impact in our business and Risk of Cost/Expense increase by 5% ,10%,and 15% for
five year cant impact our business as well. For Risk management analysis we talk
about competitors risk that we have a lot of competitors but they are not the strong
114
competitors. About external riskwe talk about PEST analysis (Political, Economic,
Social, and Technology). Internal risk is Risk of diseases because sheep farming is
depending on healthy sheep because any customers those come to travel or spend time
with their families, they concern about how safety from sheeps diseases. The risk of
Sheeps diseases should be concerned.
115
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To become the newest travel destination

To become the newest travel destination

Black sheep farm

(Feeding Zone Manager)

(Restaurant Zone Manager )

(Souvenir Zone Manager)

(Human Resource Manager)

7.6 Payback period.................................................................................................................. 92

Study on Appropriate species of sheep, retrieve December 12, 2011, from

Most purebred sheep imported from the West Country

The number of sheep farming and farmers is the region number

1.2 Project Objective

1.3 Benefits of project

1.4 Activities and Time frame of study

To learn chapter 1 ,select

To learn chapter 1-2

To learn chapter 3 and

To learn chapter 4-6,

To check the report of

Chapter 2 Industry Profile

2. Sheep Santa ines

3. Sheep Barbados Blackbelly

Food eating habits of sheep.

Eating habits On raising the grazing.

Site preparation and catering equipment.

Department of Livestock Development http://www.dld.go.th/service/sheep/type.html

Department of Livestock Development www.dld.go.th/pvlo_cnt/mon/mon11.doc

2.2 Situation of sheep farm in Thailand4

2.3Products and service

Able feed sheep Fee , Milk , Grass

Restaurant and coffee shop

2.6 Strategies of the companies

2.6.1 Corporate level strategies

2.6.2 Business level strategy

2.6.2.1 Competitive advantages

2.6.2.2 Cost leadership

2.6.3 Functional level strategy

2.6.3.3 Research and Development

2.6.3.6 Human resource management

Chapter 3 Marketing feasibility study & Analysis

3.1.1.3 Summary of general environment analysis

3.1.2.2 Indirect Competitor

3.1.2.3 Summary of competitor analysis

2. Income per month

Restaurant and coffee shop

Australian Lamp Steak

Blueberry Cheese Cake

Dolly the sheep

T-Shirt (all size)

Postcard per set

Sheep key chain

3.4 Sales Forecast/Profit Estimation

Entrance fee 50 per price

Total sale Year 1

Entrance fee 50 per price

Total sale Year2

Entrance fee 50 per price

Total sale Year 3

Entrance fee 50 per price

Total sale Year 4

Entrance fee 50 per price

Total sale Year 5

Chapter 4 Investment cost