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Hydroponics Farm Business Plan


Hydroponics Farm Business Plan



Introduction

FynbosFarm is a project that will focus on a successful businessman as well as the training and development of semi-skilled personnel in the instant turf and hydroponics markets. The project aim is to carry out intensive and high turnover production, off a small area, while providing work and leadership experience for local women.

The company is a combination of cutting edge, high quality, efficient food technology and production. The company is dedicated to improving the quality of vegetables as well as ensuring that they are nutritionally and taste great. The company will provide hydroponic research, education and experience. The company is backed by Mike Shelly, a well-known grower and consultant. This project will be KZN-based. The vegetables will be supplied to national and international markets. Instant turf will also be available for the local market.


Products

The 4 main crops to be grown will be instant turf, long life tomatoes, cucumbers, and coloured peppers.

  • Tomatoes: 4ha under plastic which will produce 2100 000 kgs per year
  • Cucumbers: 1ha under plastic which will produce 205 000 kgs per year
  • Peppers: 1ha under plastic which will produce 250 000 kgs per year
  • Turf: 30ha out in the open


Financial considerations

The company is seeking both short-term and long-term funding to finance the purchase of a new farm and development costs of the project. This funding will pay startup costs and the first year’s losses. It is estimated that the company will begin to make a profit in year 2 of operations. It is expected that the project will begin production within eight months of the opening of its first tunnel.

1.1 Objectives

The objective of this project is to establish an intensive farm, producing high-quality produce for both the national and international market year round.

1.2 Mission

FynbosFarm, a KZN-based business with a dual mission, is FynbosFarm.

  • Produce high quality, nutritious, and flavorful vegetables for local and international consumption.
  • to create opportunities for leadership and highly productive teamwork for local women who work on the farm.

The farm will have women work in groups. They will also be given incentives for their production and performances.

1.3 Keys for Success

  • Efficient production utilizing greenhouses.
  • In the KZN, there are no such projects.
  • The vegetable industry has been around since 1996.