Are you considering starting a Goat Farming Business? if yes, you'll find this free book to be extremely helpful.
This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.
Checklist for Starting a Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
For more insightful videos visit our Small Business and Management Skills YouTube Chanel.
Here’s a Valuable Free Gift for You
This is a high quality, full blown business plan template complete with detailed instructions and all related spreadsheets. You can download it to your PC and easily prepare a professional business plan for your business.
Click Here! To get your free business plan template
The Single Most Important Ingredient for Business Success
The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.
Sounds exaggerated? Listen to this...
According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.
This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.
Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.
"Why Invent Mediocrity, When You Can Copy Genius?"
That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate it. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?
[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]
Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful Internet based information business. I'm also the author of numerous books, mostly in the area of small business management.
I've been involved in small business for the past 31 years of my life, as a business coach, manager of a Goat Farming firm, a seminar leader and as the owner of five successful businesses.
During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.
Here's what you'll discover in the 'How to Start a Goat Farming Business' book:
How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.
A detailed manual that will walk you step by step through all the essential phases of starting your business
A complete business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).
All this and much much more.
Success Tip: Setting Goals
Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.
Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.
Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.
Here're other free books in the "how to start a business" series that may interest you:Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website
Here's a Sample 'Executive Summary' for a Goat Farming Business plan:
[OWNER'S NAME] will own and operate [BUSINESS' NAME] as a sole proprietorship. Mr. [OWNER'S LAST' NAME] and [BUSINESS' NAME] will purchase 20-30 pound kid goats and lambs from individuals and auctions in Indiana and Kentucky and feed them until they are 65-70 pounds. The target market will be the Hispanic and Middle Eastern population of northwest Indiana and the Chicagoland area. The goats and lambs will be sold through auctions and direct from the farm to packing plants who will sell the meat to ethnic markets in northwest Indiana and the Chicagoland area. Mr. [OWNER'S LAST' NAME] will be assisted by his wife and sons and will be solely responsible for all decisions made for the business. Mr. [OWNER'S LAST' NAME] and [BUSINESS' NAME] will purchase for delivery approximately 125 goats and lambs per month, feed them for 4 months, and then sold. The goats and lambs will be delivered to the farm and will be picked up at the farm after they are sold. The goats and lambs will be separated into groups of 50-60 per group for the time they are on the farm. They will have access to pasture and will be fed and watered as a group inside a remodeled tool shed near Mr. [OWNER'S LAST' NAME]’s residence.
The purpose of the business plan for [OWNER'S NAME] and [BUSINESS' NAME] is to obtain startup funding for animals and equipment in order for him to be able to provide a sustainable income for his family.
It is the goal of [OWNER'S NAME] and [BUSINESS' NAME]:
IV. OPERATING PLAN
[OWNER'S NAME] will own and operate [BUSINESS' NAME] as a sole proprietorship. Mr. [OWNER'S LAST' NAME] will make the day-to-day decisions regarding purchase and sales of goats and lambs, feed purchases and rations fed, and equipment and building usage.
Mr. [OWNER'S LAST' NAME] lost his father when he was 12 years old. Since that time he has been working in various capacities. In high school, he raised and sold feeder pigs from 30 sows which were farrowed two times per year. He has raised 4-H goats for 10 years, operated a small greenhouse for 9 years, and raised and sold produce on 15 acres. His work experience includes:
Mrs. Natalie [OWNER'S LAST' NAME], his wife, was employed as a registered nurse until she suffered a traumatic brain injury due to a horse riding accident.
[OWNER'S NAME] and [BUSINESS' NAME] will need only temporary labor when receiving, processing, and selling animals. This labor will be provided by Mrs. [OWNER'S LAST' NAME] and their two sons, Keil and Derek. Their responsibilities will be to assist moving the animals out of the delivery trailer, holding the animals while Mr. [OWNER'S LAST' NAME] treats each animal with antibiotics and wormers, and to load the finished animals into the trailer for delivery to the market.
[OWNER'S NAME] and [BUSINESS' NAME] will operate at Mr. [OWNER'S LAST' NAME]’s residence at 3189 North 400 West, [OWNER'S LAST' NAME]hard, Indiana. The feeding facilities are located behind the residence on approximately 5 acres of pasture and buildings specifically modified to feed goats and lambs for market.
[OWNER'S NAME] and [BUSINESS' NAME] will operate on a non-specific schedule. Goats and lambs will be obtained from a variety of markets in Indiana and Kentucky. Each market has a specific day when animals are offered for sale.
The goats and lambs will be fed and observed every morning and evening – 7 days a week. They will be observed for abnormal behavior, disease, and growth. Between feeding and observation Mr. [OWNER'S LAST' NAME] will treat any diseased animals and perform any maintenance required on the facilities.
The operating procedures for [OWNER'S NAME] and [BUSINESS' NAME] are attached in Appendix A as a task analysis which was conducted to determine the ability of Mr. [OWNER'S LAST' NAME] to perform the duties required for the business.
[OWNER'S NAME] and [BUSINESS' NAME] will need the following tools and equipment to operate the business:
5 acres Pasture for animals
Tool shed Shelter for animals
Receiving Barn Specialized area for receiving new animals
Agricultural lime For solid surface in shed and disease control
Woven Wire Fence To control animals and separate groups
Steel Fence posts To hold fence upright
Water lines To provide water to waterers for animals
Automatic water fountains To constantly provide fresh water to animals
Lumber, wooden posts Dividers between pens in tool shed
Tractor To pull wagons for feed and manure spreader
Manure spreader To transport and spread fecal waste to fields
Wagons To store feed for animals between deliveries
Electrical installation Lights and heaters in water fountains
Computer, printer Financial and inventory records, inventory
Syringes, vaccine, vitamins Preventative and treatment of disease
Grain and supplement Feed for animals
Hay Feed for animals
Straw Bedding for animals
After choosing one another as potential
partners, establish mutual ideas, goals, and philosophies
operating in the team you are developing.
Look for enough compatibility to challenge and stimulate one another over time, as well as the presence of mutual trust.
Choose a partner whose strengths complement the limits of the other partner, and vise versa.
Establish the project or core focus of the partnership that is being created.
Determine the kind of Partnership that will be created.
Will it be Equal, or possibly an Associate relationship, or any other possible combinations in between? Factors such as determining level of financial risk, availability of time and energy for the project, and prior existence of any intellectual property tied to the project are
some key items to consider. Hiring a Coach that has expertise in this area is recommended during the formative stages of the partnership, and at any time such support is needed in the future, in order to protect the best interests for each partner involved.
Develop a sound financial compensation plan for
profits received that both partners agree to in a signed
document or contract.
Legal representation for the partnership may be appropriate at this juncture.
Determine what roles each partner will play during the course of the project, defined and clearly documented for future reference.
Be accountable to your role, until both partners change the structure of roles established.
Create and support the intent to continually place a working plan into action,
review the results of the action taken, and making
expedient and necessary shifts that will support the
health of the partnership over the lifespan of the
If possible get the support of your immediate support system established before entering into partnership.
You will need to educate them about expenditures of time, money, energy and other resources that will be needed to successfully launch the project(s) your partnership represents.
Have planned, regularly schedule meetings on a
These meetings will be set up for the purpose of discussing the wins and challenges, what's working and what's not, areas of discord and mutual planning for future growth and expansion.
Set a minimum time period that both partners
will agree to a "no exit" clause.
New ventures take time to be planted, watered and nourished, weeded and ultimately harvested.
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