ONION FARMING BUSINESS PLAN

Table of Contents
Executive Plan ............................................................................................................................................. 4
Mission, Objectives and Keys to success ..................................................................................................... 5
Mission.................................................................................................................................................... 5
Vision ...................................................................................................................................................... 5
Core Values ............................................................................................................................................. 5
Objectives ............................................................................................................................................... 5
Keys to Success ....................................................................................................................................... 6
Company Summary ..................................................................................................................................... 7
Products .................................................................................................................................................. 7
Ownership............................................................................................................................................... 7
Company Structure ............................................................................................................................... 10
Operational Requirements ....................................................................................................................... 14
Land and Soil Requirements ................................................................................................................. 14
Machinery and Equipment .................................................................................................................... 15
Onions Cultivars and Varieties .............................................................................................................. 16
Onions Cultivation ................................................................................................................................ 18
Methods of Planting Onions ............................................................................................................. 18
Planting Periods ................................................................................................................................ 21
Land Preparation............................................................................................................................... 22
Onion Population and Spacing .......................................................................................................... 24
Growth stages and bulb development .............................................................................................. 25
Onion Nutrition and Fertilisation .......................................................................................................... 26
Water Requirements and Irrigation ...................................................................................................... 28
Pest, Diseases and Weed Control ......................................................................................................... 30
Onion Diseases and Control .............................................................................................................. 30
Pests and Control .............................................................................................................................. 32
Weed Control .................................................................................................................................... 34
Harvesting Onions ................................................................................................................................. 35
Post-Harvest Processes ......................................................................................................................... 36
 ONION FARMING BUSINESS PLAN
Onion Curing ..................................................................................................................................... 36
Grading and Packing Onions ............................................................................................................. 38
Storage of Onions ............................................................................................................................. 38
Operational Strategy ................................................................................................................................. 40
Planting Season ..................................................................................................................................... 40
Planting Area......................................................................................................................................... 40
Onion Seeds .......................................................................................................................................... 40
Fertilizers .............................................................................................................................................. 40
Herbicides ............................................................................................................................................. 41
Pesticides/Fungicides ............................................................................................................................ 41
Labour ................................................................................................................................................... 41
Machinery and Equipment .................................................................................................................... 41
Yield ...................................................................................................................................................... 41
Revenue ................................................................................................................................................ 42
Marketing Strategy ................................................................................................................................... 43
Market Analysis ........................................................................................................................................ 45
Demand ................................................................................................................................................ 45
Uses of Onion........................................................................................................................................ 45
Market Segmentation ........................................................................................................................... 46
Industry Analysis ....................................................................................................................................... 48
Competition and Buying Patterns ......................................................................................................... 49
SWOT Analysis .......................................................................................................................................... 50
PEST Analysis ............................................................................................................................................ 51
Financial Statements ................................................................................................................................. 53
Start-up Costs ....................................................................................................................................... 53
Financing & Bank Loan Amortisation .................................................................................................... 54
Pro Forma Income Statement ............................................................................................................... 55
Assumptions ......................................................................................................................................... 56
Inputs Costs and Quantities .................................................................................................................. 57
Revenue and Expenses ......................................................................................................................... 59
Monthly Cash Flow Statement .............................................................................................................. 60
Pro Forma Annual Cash Flow ................................................................................................................ 65
 ONION FARMING BUSINESS PLAN
Pro Forma Balance Sheet ...................................................................................................................... 66
Break Even Analysis .............................................................................................................................. 67
Payback Period Analysis ........................................................................................................................ 68
Financials Graphs .................................................................................................................................. 69
Risk Analysis .............................................................................................................................................. 71
Potential Sources of Finance ..................................................................................................................... 74
Equity Financing .................................................................................................................................... 74
Debt Financing ...................................................................................................................................... 75
Top Reasons for failure of Onion Farming Business .................................................................................. 79
Other Business Plans................................................................................................................................. 81
StartupBiz Global Disclaimer ..................................................................................................................... 83
 ONION FARMING BUSINESS PLAN

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