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Starting Maize Farming Business Plan (PDF)

Maize Farming Business Plan

Maize, also known as corn, is one of the most notable grain or cereal crops in the world.  After all, maize is a core part in the production of important products. Examples of such products are food products, ethanol, and livestock feeds, amongst others. The widespread cultivation of maize is due to those dynamics. Maize is relatively hassle-free to grow, handle, and store. Maize is also known as corn. In some countries, particularly Africa, maize is a staple food. Maize is grown widely in Africa, Americas, and Asia. So there is quite a huge demand for the food crop and its many products which is why it makes business sense to start a maize farming business. In this article we shall be looking at some essential knowledge areas that you must acquaint yourself with before you start the maize farming business, and the maize farming business plan – PDF, Word and Excel.

Maize farming is a lucrative business, providing income for millions of people, but there are some essential decisions that you need to make before you venture into the corn farming business. You have to make a decision on how many hectares you want to farm, which type of maize you will farm, which season you are going to plant your maize, and your target market. These choices will be affected by the amount of capital you have, and the size of your target  market.  If you do not have a lot of capital, you can always start small and grow your maize farming business overtime. You also need to carry out market research (Who are you going to sell the maize/corn to? At what price?) and write a corn farming business plan before you venture into the business. As indicated earlier, maize is also known as corn in other parts of the world.

Business Model

At a basic level, maize is cultivated for subsequent sale as grains or green mealies. These green mealies can be cooked or roasted. Then from post-harvest, the list of monetization approaches widens. The grain can be sold to millers who in turn process it into a wide assortment of food products including maize meal. You could even do the milling yourself and sell the end product. You can solely focus on cultivating maize seed. In countries where maize is the staple food, there is huge market of direct customers. As in, there are countless people looking to purchase maize for various uses.

Maize is an important industrial raw material so you can make money from that. For instance, maize is used in the production of alcohol and biofuels. You can sell to livestock feed producers; maize is a major ingredient of livestock feeds. Maize has global economic value so you can export it. There are significantly more returns from exporting your maize, especially to neighbouring countries. Numerous niching options when it comes to maize farming. That is why there are many business model options to pick from.

Land for Maize Farming Business

Type of soil is an important factor for a good maize harvest. Maize can be grown in a variety of soil types.  However it needs soil which is fertile and well drained. Another important factor is the pH of the soil, as it affects the availability of nutrients. Maize/Corn grow well in soil with pH of between 6-7. If the pH is lower than this, the maize produced will be of poor quality, and it may experience abnormal growth. Thus the pH of soil for maize should be close to neutral or slightly acidic. If the pH is too acidic, lime should be added to increase the pH of the soil to between pH 6-7. Other properties of good soil for maize include: sufficient and balanced quantities of plant nutrients, good internal soil drainage, good moisture, and good effective depth of the soil.  It is important that before you start farming maize/corn on your farm, you check whether the soil is suitable for maize farming. Your  corn farming business plan should take into account the cost of purchasing or renting the land.

Machinery and Equipment for Maize Farming

Land preparation must be properly done to ensure the soil is ready for the maize. The type of machinery and equipment needed for your maize farming business depends on the scale of production. For small scale this can be done using hand-held equipment whereas for medium to large scale heavy machinery such as tractors are needed.  Machinery and equipment which maybe needed include tractors, combine harvesters, fertilizer spreader equipment, irrigation equipment, spray equipment etc. Most farmers usually hire big machinery like tractors when they want to use them, rather than purchasing them outright as they are expensive.

Adequate water supply is also important meaning that irrigation maybe necessary. However maize farming can also be done without irrigation in areas which have a good supply of rainfall.  There may also be need of grid hydroelectricity energy for the irrigation systems, standby diesel generators for use during power outages, or solar powered irrigation systems. Farmers especially in the rural areas who do not have the modern farming equipment use animal drawn equipment in maize farming. The higher the level of mechanization at your corn farm, the higher the efficiency of your operations, and the profitability of your maize farming business. The maize farming business plan should include the costs of acquiring and hiring the various machinery and equipment.

Maize Farming Inputs

You require various farming inputs when doing maize farming. You start maize farming by planting maize seeds. Ensure that you use high quality maize seed from certified maize seed companies. It’s unwise to buy cheap, poor quality maize seeds as that will lead to poor harvest yield and low quality maize produce.

Fertilizers are also essential during maize farming as they support the growth of the maize by providing nutrients. The amount and type of fertilizers needed for maize farming depend on the fertility of the soil and the target yield. The most important nutrients for maize farming are Nitrogen and Phosphorous. Potassium and Zinc are also required.  Organic matter is also needed in maize farming. This can be in the form of compost, decayed leaves, animal manure etc. The functions of organic matter in maize farming include: increasing soil fertility, positively influencing the moisture level & temperature of the soil, increasing the soil friability and increasing the amount of decomposers organisms in the soil. Organic matter also increases the capacity of the soil to retain water and nutrients. It’s a soil conditioner.

Other essential maize farming inputs include herbicides, for effective weed control at your farm. Pesticides and fungicides are required for protecting your maize/corn plants against insects and fungi. Diligent measures must be put in place to fight against pests, diseases and weeds.  The costs of acquiring all these inputs should be included in your corn/maize farming business plan.

Pest And Disease Management

Field pests.

The most common field pests in maize farming are aphids, army worms, cutworms, leaf hoppers, and termites. Getting rid of these pests relies heavily on early detection and interventions. The first defence is proper land preparation and regular weed control. This alone can avoid incidences of pest insect pest infestations. Then as a rule of thumb you must always inspect your maize crop daily. Once you notice any insect pests you use chemical methods such as insecticides.

Animal Pests

These animal pests feed on the maize crop thus destroying the crop. Examples are pigs, rodents, baboons, monkeys, and birds, amongst others. Warding off most these animal pests requires robust physical security e.g. perimeter fences. You can also consider having people who scare off the animal pests. Scarecrows have also proven to be very effective in keeping animal pests away.

Storage Pests

In maize farming you need to know there are 2 main groups of storage pests. These are primary pests, secondary pests. The former attach healthy grain whereas the latter attacks damaged or vulnerable grain. Examples are weevils and larger grain borer. An important consideration in the fight again storage pests in maize farming is the temperature. Maintaining dryness also discourages the breeding of pests. No wonder before storing maize you must ensure it is adequately dried up. The presence of moisture and dirt promote pest development – that is why hygiene is important.

The most common diseases in maize farming are fungal and viral diseases. Notable fungal diseases are gray leaf spot, leaf blight, root rot common rust, head smut, and downy mildew. Fungal diseases are often aggressive. Once they set in, any delay in taking action leads to colossal losses. That is why it is important to avoid them in the first place.

One way to avoid them is deliberately cultivating hybrid maize varieties. Another way is to ensure there is no waterlogging and dirt lying around. If the fungal diseases do emerge, immediately use fungicides to get rid of them. The same applies for viral diseases; they are best prevented. Effective pest control helps prevent viral diseases since pests are usually the culprits in transmission.

Farm Workers

This depends on your scale of maize production and also your level of mechanisation. Significant mechanisation tends to reduce the number of workers you will need. However, it is not usually that hard to find cost-effective human resources on a contractual basis. So you will need to hire part time farm workers as and when necessary. The duties of the maize farm workers include cultivating the land, ploughing, planting, irrigation, applying manure & fertilizer on the land, weed & pest control, harvesting. The maize farming business plan should cater for the costs of paying all your employees.

Capital for Maize Farming Business

This depends on the scale of maize production and level of mechanisation amongst other factors. You can get a loan from the bank, or funding from investors, to use as capital to start your maize farming business. If you plan to raise capital from investors and a loan from the bank, you need a good maize farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Maize farming is profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a maize farming business plan to guide you in starting and operating the business. It is essential for you to have a maize/corn farming business plan before you venture into the maize farming business, so that you know all the costs involved and you make an informed decision.

Harvesting And Storage Of Maize

Harvesting maize.

You can carry out maize harvesting using manual techniques or mechanical techniques. Manual techniques often entail the use of hands. Mechanical techniques often entail the use of combine harvesters. When the maize is around 20 percent moisture level it is ready to be harvested. That moisture level must drop to around 12 percent before the maize can be stored. That is why the maize grain will have to undergo some drying process prior to storage. Drying can be done naturally using the sun or artificially e.g. using heated air.

Storage Of Maize

You can store your maize in a bulky state or you can pack the grain into sacks or bags. It is important to ensure optimum grain moisture levels are reached first. You must also properly sort the grain to eliminate damaged or diseased grain. For long term storage, the grain will need to be chemically treated to protect from pests and diseases.

The market is huge and actually needs more players to start maize farming businesses. The demand for maize is very high, individuals consume maize and products processed from maize. Maize meal and Maize flour is used in meals all over the world. Maize is not just for human consumption but also for animal consumption. Maize is used in stock feed production for livestock production. The starch from the maize is used for a long list of things such as cosmetic products, adhesives, paints, inks, and medical drugs amongst many others. In some countries there are grain marketing entities. These entities buy maize directly from farmers. These provide the easiest way to get your maize purchased with little to no marketing effort. You can also take advantage of farmers’ markets to market your maize. The internet and social media platforms are also effective in generating leads. You can also approach potential bulk clients such as millers, manufacturers, and distributors. Some continents such as Africa actually import large quantities of maize annually.  However there are vast patches of arable land on the continent.  There are so many talking points on this but the relevant one for this subject is about potential. This means the market is not being adequately served by the local maize farmers. Market-wise it is a foregone conclusion that the market is vast and limitless. The maize business plan ought to include a proper marketing plan to use in your maize farming business.

Corn Farming Business Plan

Keys To Profitability

Choosing the right soil or improving it is pertinent (especially fertility). Comprehensive land preparation is also important in optimizing the soil. Choose the right maize variety, especially hybrid ones that have high yields and disease resistance. See to it that you actively monitor and deal with pests and diseases. Your storage regime of the maize grain must be done properly. Most losses in maize farming are post-harvest so be vigilant. Your choice of planting time must be carefully considered. It must be cognizant of weather implications and market demand dynamics. Adequate water availability is imperative but whilst ensuring there is sufficient drainage.

Pre-Written Maize Farming Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements

For an in-depth analysis of the maize farming business, we encourage you to purchase our well-researched and comprehensive maize farming business plan. We introduced the business plans after discovering that many were venturing into the maize production business without enough knowledge and understanding of how to run the maize/corn farming business, how to farm the maize, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

The StartupBiz Global maize/corn farming business plan will make it easier for you to launch and run your maize farming business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the maize business.

Uses of the Maize Farming Business Plan (PDF, Word And Excel)

The maize business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your maize farming business
  • As a maize farming business proposal
  • Assessing profitability of the maize farming business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

Contents of the Maize Business Plan (PDF, Word And Excel)

The maize farming business plan include, but not limited to:

  • Marketing Strategy
  • Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
  • Risk Analysis
  • Industry Analysis
  • Market Analysis
  • SWOT & PEST Analysis
  • Operational Requirements (Including technical aspects of how to farm the maize, inputs requirements etc)
  • Operational Strategy
  • Why some people in the maize farming business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your maize farming business

The Pre-written maize farming business plan package consist of 4 files

  • Maize Farming Business Plan – PDF file (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan – Editable Word File (Comprehensive Version – 90 Pages)
  • Maize Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 41 pages)
  • Maize Farming Business Plan Automated Financial Statements – (Editable Excel File)

The business plan can be used in any country and can be easily edited. The financial statements are automated. This implies that you can change eg the number of hectares, selling price of  the maize etc, and all the other financial statements will automatically adjust to reflect the change.

Click below to download the Contents Page of the Maize Farming Business Plan (PDF)

maize farming business plan pdf

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I was able to understand the business side of farming because of your business plan. You did extensive research; the business plan was well prepared and fully detailed.  It made everything clear, and I have somewhere to start now. I am confident that I am going to succeed in my business because of the guidance from your business plan.

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Get the Maize Farming Business Plan (PDF, Word And Excel)

Click Buy Now  below to purchase using Paypal, Credit Card, or Debit Card. After you have purchased, you will immediately see the download link for the business plan package on the screen. You will also immediately get an email with the business plan download link. The Pre-written business plan package (PDF, Word, and Excel) costs $30 only!

Maize Business Plan

If you want to purchase multiple business plans at once then click here: Business Plans Store.

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

We wish you the best in your maize farming business! Check out our collection of business plans  , and more business ideas .

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ProfitableVenture

Maize Farming Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business ideas » Agriculture Industry » Crop Cultivation » Maize Farming

Small Scale Maize Farming Business

Are you about starting a maize farm? If YES, here’s a complete sample maize farming business plan template & feasibility report you can use for FREE.

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Corn is very nutritious and it is known to be eaten in various forms by both humans and livestock.  As a matter of fact, corn is used as the main energy ingredient in livestock feed. Corn is also processed into a multitude of food and industrial products including starch, sweeteners, corn oil, beverages, industrial alcohol and fuel ethanol et al.

Maize (corn) farming is known to be a profitable business and over the years, it has evolved from small scale to a global industry in most countries where it is carried out.

A Sample Maize Farming Business Plan Template

1. industry overview.

Businesses in the maize (corn) farming industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, and it is a staple cereal in many parts of the world.

In the united states, it is most commonly used as livestock feed and in the production of ethanol, sweeteners, oil and other related products.

If you are a close watcher of the Maize Farming industry, you will realize that the industry is experiencing decline and falling from historic heights. In the united states, new federal regulations created a significant new market for maize, leading maize production to skyrocket in the early part of the last five years.

This increase in production eventually led to an oversupply of the crop, especially as downstream biofuel production has slowed since 2013 due to market saturation. However, global demand for maize has renewed. The industry is expected to bounce back from the lows of the previous five-year period.

Planted acreage will decrease, leading to a slight decrease in production volumes, which will in turn reduce oversupply and create healthy demand for the crop.

The Maize (Corn) Farming Industry is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Germany, Brazil, Australia and Italy et al.

Statistics has it that in the United States of America alone, there are about 141,669 licensed and registered maize farms responsible for employing about 155,526 employees and the industry rakes in a whooping sum of $51 billion annually with an annual growth rate projected at -0.8 percent.

A recent report published by IBISWorld shows that typical of the agricultural sector, the Maize (Corn) Farming industry in the United States is overwhelmingly composed of a large number of relatively small operators, many of which are family owned farms.

In fact, 50.1 percent of farms plant corn acreage totaling less than 100 acres. Conversely, only 14.4 percent of corn is produced on farms covering 500 acres or more.

The report also shows that there is a long-term trend toward fewer farms across the agricultural sector, which also applies to corn farmers. Industry concentration is growing largely due to rising costs and intensifying competition; as conditions toughen; smaller farms are forced to sell their land.

As a result, fewer, yet larger farms emerge across the industry. As a matter of fact, with the recent advancement in technology, farmers can now comfortably grow crops such as maize in a country where such crops can hardly survive.

One thing is certain when it comes to commercial maize farming, if you are able to conduct your market research and feasibility studies before choosing a location to cultivate your maize, you are more likely not going to struggle to sell your maize because there are always food processing companies and consumers out there who are ready to buy from you.

Lastly, with commercial maize farming, it will pay you to not only cultivate maize and sell them for consumption in farm markets to retailers and consumers.

You can as well start a complimentary business like building a maize processing plant to process and package your maize (corn). The bottom line is that if you have enough farm land (space) and you are interested in maximizing commercial maize farming, you are sure going to make huge profits from the business.

2. Executive Summary

Kent Bloomberg® Maize Farms, Inc. is a registered commercial farm that will be based in the outskirts of Trenton, New Jersey – United States. We have done our detailed market research and feasibility studies and we were able to secure a well – situated and suitable farm land to start our commercial maize farming.

Our commercial maize farm is a standard farm hence will be involved in commercial maize cultivation, maize processing and packaging. We will be involved in both organic commercial maize farming and non – organic commercial maize farming.

We have put plans in place that will help us launch a standard and world – class maize processing plant within the first three years of officially running Kent Bloomberg® Maize Farms, Inc. We will process and package maize and ensure that they flood the market both in the United States and in other countries of the world.

We want to compete with the best in the industry, which is why asides from the fact that we have secured the required farm land and most of the farming equipment and machines, we have also hired some key employees who are currently undergoing training so as to fit into the ideal picture of the 21 st  century commercial maize farm workforce that we want to build.

We are in the commercial maize farming business because we want to leverage on the vast opportunities available in the commercial farming industry to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agriculture produce from the United States to other countries and over and above to make profit.

Kent Bloomberg® Maize Farms, Inc. is well positioned to become one of the leading commercial maize farms in the United States of America, which is why we have been able to source for the best hands and farm machinery to run the farm with.

We have put processes and strategies in place that will help us employ best practices when it comes to commercial maize farming as required by the regulating bodies in the United States of America.

Kent Bloomberg® Maize Farms, Inc. is a family business that is owned by Mr. Kent Bloomberg and his immediate family members. The farm cum business will be fully and single handedly financed by Kent Bloomberg and his immediate family members.

Before starting Kent Bloomberg® Maize Farms, Inc., Kent Bloomberg has worked with some of the leading commercial farms and food processing plants in the United States of America; he has a degree (B.Sc.) in Agricultural Science from the University of New Jersey.

3. Our Products and Services

Kent Bloomberg® Maize Farms, Inc. is a world class commercial farm that is committed to cultivating both organic and non – organic maize (corn) for both the United States’ market and the global market. We are in business to produce both food and raw materials for people and industries in commercial quantities. We will also ensure that we operate a standard maize processing and packaging plant as part of our complimentary business.

We are in this line of business to make profits, and we will ensure that we do all that is allowed by the law of the United States of America to achieve our business goals and objectives. These are the areas we will concentrate on in our commercial maize farms. If need arises we will definitely cultivate related crops;

  • Cultivation of variety of maize (organic and non – organic)
  • Standard Food Processing Plant

4. Our Mission and Vision Statement

  • Our vision is to become one of the leading commercial maize farms and maize processing and packing brand not just in the United States of America but also on the global stage.
  • Kent Bloomberg® Maize Farms, Inc.  is a world class commercial maize farm that is in business to cultivate organic, non – organic and processed maize for both the United States market and the international market.
  • We want our well – packaged maize to flood every nooks and crannies of the United States and other countries of the world.

Our Business Structure

Kent Bloomberg® Maize Farms, Inc. is a commercial maize farm that intends starting small in Trenton – New Jersey, but hopes to grow big in order to compete favorably with leading commercial maize farms in the commercial farming industry both in the United States and on the global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. For this reason, we are committed to only hire the best hands in and around New Jersey.

At Kent Bloomberg® Maize Farms, Inc., we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

In view of the above, Kent Bloomberg® Maize Farms, Inc. have decided to hire qualified and competent hands to occupy the following positions;

  • Chief Operating Officer

General Farm Manager

Administrator/Accountant

Maize Cultivation Manager/Supervisor

  • Maize Processing and Packaging Plant Manager
  • Sales and Marketing Executive
  • Field Employees
  • Front Desk Officer

5. Job Roles and Responsibilities

Chief Operating Officer:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization
  • Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
  • Supervise other section managers (corn cultivation manager and corn processing and packaging manager)
  • Ensure compliance during project executions
  • Providing advice on the management of farming activities across all sections
  • Responsible for carrying out risk assessment
  • Using IT systems and software to keep track of people and progress of the growth of crops (maize)
  • Responsible for overseeing the accounting, costing and sale of farm produce after harvest
  • Represent the organization’s interest at various stakeholders’ meetings
  • Ensures that farming goals are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Handles all financial transactions for the company
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversees the smooth running of the daily farming activities across the various farming sections
  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for financial forecasting and risks analysis
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for the farm
  • Serves as internal auditor for the farm
  • Responsible for managing the maize cultivation section of the commercial maize farm
  • Supervises other workers within the department
  • Works closely with the General Manager to achieve the organizations’ goals and objectives

Maize Processing and Packaging Manager/Supervisor

  • Responsible for managing the maize processing and packaging section of the commercial farm

Sales and Marketing Officer

  • Identify, prioritize, and reach out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects
  • Writing winning proposal documents, negotiate fees and rates in line with company policy
  • Responsible for handling business research, marker surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for customer’s needs, and communicate with clients
  • Develop, execute and evaluate new plans for expanding increase sales
  • Document all customer contact and information
  • Represent the company in strategic meetings
  • Help increase sales and growth for the farm

Field Workers/Contract Staff

  • Responsible for preparing farm lands for maize cultivation
  • Responsible for watering the maize crop
  • Weeding or fertilizer and/or pest control application
  • Handle farm implements and machines as instructed by the section manager/supervisor
  • Assist in handling the harvest of maize (corns)
  • Carry out tasks in line with the stated job description
  • Assist in transporting working tools and equipment from the farm and back to the designated store room
  • Handles any other duties as assigned by the line manager

Client Service Executive/Front Desk Officer

  • Welcomes guests and clients to the farm by greeting them in person or on the telephone; answering or directing inquiries
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
  • Receives parcels/documents for Kent Bloomberg® Maize Farms, Inc.
  • Distribute mails in Kent Bloomberg® Maize Farms, Inc.

6. SWOT Analysis

Kent Bloomberg® Maize Farms, Inc. does not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis.

We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard maize farm that will favorably compete with leading commercial maize farms in the United States of America and in other parts of the world.

We are quite aware that there are several large, medium and small scale maize farms all over Trenton – New Jersey and even in the same place where we intend locating ours, which is why we are following the due process of establishing a business.

We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.

Kent Bloomberg® Maize Farms, Inc. employed the services of an expert HR and Business Analyst with bias in the commercial farming industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.

Here is a summary from the result of the SWOT analysis that was conducted on behalf of Kent Bloomberg® Maize Farms, Inc.;

Our strength as a commercial maize farm is in the fact that we have healthy relationships with loads of major players (agriculture merchants who deal in corn) in the commercial farms industry; both suppliers and buyers within and outside of the United States.

We have some of the latest commercial farming machines, tools and corn processing equipment that will help us cultivate corn in commercial quantities with less stress. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in Trenton – New Jersey on our payroll.

Our weakness could be that we are a new commercial maize farm in the United States, and perhaps the fact that we decided to diversify our farming activities could count against us initially. We are aware of this and from our projection; we will overcome this weakness with time and turn it to a major advantage for the business.

  • Opportunities:

The opportunities that are available to us cannot be quantified; we know that there are loads of individuals who consume both organic and non – organic corn in different forms both in the United States of America and other parts of the world.

We will ensure that we maximize the opportunities available to commercial maize farmers. Due to their rising popularity, GM seeds account for a significant amount of revenue and the demand for maize is anticipated to keep growing as renewable energy targets rise each year.

Some of the threats and challenges that we are likely going to face when we start our own commercial maize farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), unfavorable government policies and the arrival of a competitor (a commercial farm that cultivates same crop – maize) within same location.

There is hardly anything you can do as regards these threats and challenges other than to be optimistic that things will continue to work for your good.

7. MARKET ANALYSIS

  • Market Trends

One of the common trends in the commercial maize farming line of business is that most players in the industry are no longer concentrating only on non – organic maize farming. They now find it easier to run both organic maize cultivation and non – organic maize cultivation.

It is fact that despite that organic food are expensive, the sale for organic food is on the increase and it is indeed profitable.

Despite the fact that commercial maize farming has been in existence since time immemorial, this does not in any way make the industry to be over saturated; commercial maize farmers are exploring new technology to continue to improve the cultivation, preservation and processing process. The fact that there is always a ready market for maize makes the business highly profitable.

Lastly, it is a common trend to find standard commercial maize farmers run a corn processing plant business alongside their farm. It is a means of maximizing profit in the business. Besides, maize is consumed by both human and livestock hence it is ideal to process, package and ship it to other countries of the world.

8. Our Target Market

It is a known fact that the target markets of those who are the end consumers of maize in any form and who benefit from the business value chain of commercial maize farming is all encompassing.

Almost every household consumes maize in different forms. In essence a commercial maize farmer should be able to sell his or her farm produce to as many people as possible including hotels, grocery stores, restaurants, livestock farmers and production companies that make use of corn as raw materials.

We will ensure that we position our business to attract consumers of maize not just in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw or processed form to other countries of the world.

Our competitive advantage

The truth is that, it is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.

As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.

Kent Bloomberg® Maize Farms, Inc. is fully aware that there are competitions when it comes to selling commercial farm produce including corn all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.

We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable maize farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.

Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard commercial maize farm that will also include a corn processing plant. With this, we will be able to take advantage of all the available opportunities within the industry.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (start – ups commercial maize farms) in the industry meaning that they will be more than willing to build the business with us, help deliver our set goals and achieve all our aims and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Kent Bloomberg® Maize Farms, Inc. is in the commercial farming business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.

In essence we are not going to rely only on the sale of our farm produce to generate income for the business. Below are the sources we intend exploring to generate income for Kent Bloomberg® Maize Farms, Inc.;

  • Cultivation of various species of maize (both organic and non – organic)

10. Sales Forecast

We conducted a thorough market survey and feasibility studies and we were able to discover that the sales generated by a commercial farm depends on the size of the farm and the nature of the commercial farm.

We have perfected our sales and marketing strategies and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income/profits from the first year of operation and build the business from survival to sustainability.

We have been able to critically examine the agriculture industry cum commercial maize (corn) farm line of business, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

  • First Fiscal Year-: $200,000
  • Second Fiscal Year-: $400,000
  • Third Fiscal Year-: $750,000

N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

We are quite aware that the reason why some commercial maize farms hardly make good profit is their inability to sell off their maize as at when due. Corn ripens within a short time after harvest and if they are not sold or processed, they will get so hard that it won’t be good for direct consumption. In view of that, we decided to set up a standard corn processing plant to help us

  • Introduce our business by sending introductory letters alongside our brochure to stakeholders in the agriculture industry, grocery stores, maize merchants, hotels, production companies that rely on supply of maize as raw materials and maize processing plants et al.
  • Advertise our business in agriculture and food related magazines and websites
  • List our commercial maize farm on yellow pages ads
  • Attend related agriculture and food expos, seminars, and business fairs et al
  • Leverage on the internet to promote our business
  • Engage in direct marketing
  • Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business.

We intend growing our business which is why we have perfected plans to build our brand via every available means. Below are the platforms we will leverage on to boost our commercial maize farm brand and to promote and advertise our business;

  • Place adverts on both print (newspapers and magazines) and electronic media platforms
  • Sponsor relevant community based events/programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business
  • Install our billboards in strategic locations all around Trenton – New Jersey
  • Engage in roadshows from time to time in targeted neighborhoods
  • Distribute our fliers and handbills in target areas
  • Contact hotels, restaurants, grocery stores, production companies that rely on the supply of corn, agriculture produce merchants and residents in our target areas by calling them up and informing them of Kent Bloomberg® Maize Farms, Inc. and the farm produce we sell
  • List our commercial maize farms in local directories/yellow pages
  • Advertise our commercial maize farms in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.

12. Our Pricing Strategy

If you want to get the right pricing for your farm produce, then you should ensure that you choose a good location for your commercial farm, choose a good breed/seed that will guarantee bountiful harvest, cut the cost of running your farm to the barest minimum and of course try as much as possible to attract buyers to your farm as against taking your farm produce to the market to source for buyers; with this, you would have successfully eliminated the cost of transporting your harvest to the market and other logistics.

We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for all our corn is to sell them at competitive prices hence we will do all we can to ensure that the prices of our corn are going to be what other commercial corn farmers would look towards beating.

One thing is certain, the nature of commercial farming makes it possible for farmers to place prices for their farm produce based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into a loss. The earlier you sell off your harvested maize, the better for your business.

  • Payment Options

The payment policy adopted by Kent Bloomberg® Maize Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Kent Bloomberg® Maize Farms, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via online bank transfer
  • Payment via check
  • Payment via Point of Sale Machines (POS Machines)
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for farm produce purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

When it comes to calculating the cost of starting a commercial maize farm with a corn processing plant, there are some key factors that should serve as a guide. Factors such as the capacity of maize processing plant you want to own and the size of the commercial maize farm.

Besides, in setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to start a world – class commercial farm, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your farm is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, visions and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a commercial maize farm; it might differ in other countries due to the value of their money. Below are some of the basic areas we will spend our start – up capital in setting up our commercial maize farm;

  • The total fee for incorporating the business in United States of America – $750
  • The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) at a total premium – $9,400
  • The amount needed to acquire/lease a farm land – $50,000
  • The amount required for preparing the farm land – $70,000
  • The cost for acquiring the required working tools and equipment/machines/fencing et al – $10,000
  • The amount required for purchase of the first set of maize seedlings et al – $50,000
  • The amount required to set up a standard maize processing plant within the farm facility – $100,000
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
  • The cost of launching an official website – $600
  • The amount required for payment of workers for a period of 3 months – $100,000
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000

Going by the report from detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard commercial maize farm with corn processing plant business in the United States of America. These are some of the equipment that we would need to fully launch our commercial maize farm,

  • Soil cultivator
  • Harrow (e.g. Spike harrow, Drag harrow, Disk harrow)
  • Stone / Rock / Debris removal implement (e.g. Destoner, Rock windrower / rock rake, Stone picker / picker)
  • Broadcast seeder (alternatively: broadcast spreader, fertilizer spreader or Air seeder)
  • Plastic mulch layer
  • Transplanter
  • Sprinkler system irrigation
  • Wheel Barrow

Basically, the nature of commercial maize farms does not require an office space; most people that run commercial farms operate directly from their farms. But we have decided to open a small liaison office; a place where administrative jobs will be carried out on behalf of the business.

Generating Funds/Startup Capital for Kent Bloomberg® Maize Farms, Inc.

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as commercial maize farming business.

Kent Bloomberg® Maize Farms, Inc. is a family business that will be owned and managed by Kent Bloomberg and his immediate family members. They are the sole financiers of the firm, but may likely welcome other partners later which is why they decided to restrict the sourcing of start – up capital for the business to just three major sources.

These are the areas where we intend sourcing for fund for Kent Bloomberg® Maize Farms, Inc.;

  • Generate part of the start – up capital from personal savings and sale of his stocks
  • Generate part of the start – up capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank (loan facility)

N.B:  We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business closes shop.

One of our major goals of starting Kent Bloomberg® Maize Farms, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (organic and non – organic corn and even processed and packaged corns) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Kent Bloomberg® Maize Farms, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organization’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the management of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts in various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of All forms of Insurance for the Business: Completed
  • Leasing of farm land in Trenton – New Jersey and preparing the farm land: Completed
  • Conducting Feasibility Studies: Completed
  • Start – up Capital Generation: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging, Marketing/Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Building/construction of cages and fence et al: In Progress
  • Purchase of the needed working tools, machines and equipment: Completed
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Farm land Treatment, Health and Safety Arrangement: In Progress
  • Establishing business relationship with vendors and key players in the industry (agriculture farm produce merchants, fertilizer suppliers and transporters et al): Completed
  • Business Ideas
  • Startup Plans
  • Advertising

How To Start Maize Farming Business [PLAN]

  • by Olaoluwa
  • October 9, 2023 August 28, 2024

Are you seeking to start a maize business? One basic tool you’ll need is the maize farming business plan.

Agriculture is a multi-billion-dollar industry with enormous potentials. So, establishing a business such as a maize farm offers loads of opportunities.

COMMERCIAL MAIZE FARM BUSINESS STARTUP GUIDE

Why is a crop production business plan so important? Can one do without it? These are crucial questions that need to be answered rightly. Now, your maize farming business plan is a document that contains every detail of how your business will be set in motion.

In other words, it defines your objectives and how such objectives or plans will be achieved. Central pillars of a maize farming business plan include the marketing, operational and financial components.

Apart from setting your plans in motion, the maize production business plan also helps you attract outside investors.

Outline of a Good Maize Farming Business Plan

As with any plan, some sections or components focus on key areas of operation. These include the executive summary, business description & structure, management & personnel, market research & strategies as well as the financial documents.

Each of these sections helps focus on, and exhaust or clearly state the plan of action and how it will be rolled out.

For a better understanding of these components, let’s get into the details as follows;

Executive Summary

Maize farming executive summary section of a business plan is crucial for success. This part or section is written after completing the other sections. However, this short document comes first in the business plan.

The maize farming business plan needs to have this section placed at the beginning to easily provide or summarize the contents of the plan. Here, you want to build interest in the reader to go through the entire document.

This gives an idea of what your maize farming business is about as well as how you plan on executing each task.

What more? You want your executive summary section to inform investors about the potential behind your maize farming business. With this section, investors don’t need to go through the entire plan to know what it’s about.

There are basic elements to have or include in your maize farming executive summary. They include the problem and your solution or value proposition, as well as the market size and growth opportunity.

Other elements include your competitive advantage, business model, executive team, and financial projections as well as funding. These elements will need to be covered in detail to offer the reader an idea of what it entails.

As the name implies, the executive summary should be kept short and precise (about 1 to 2 pages in length).

Business Description & Structure

This part of your plan should provide ample information on what your maize farming business is about.

In other words, you’ll need to explain why you’re in business as well as your products (which is obviously maize). Others include the production process and how inventory and fulfillment among others will be processed.

The agricultural industry is under focus here. As such, there’s a need to proceed by describing maize cultivation focusing on its current outlook and future possibilities. All sources of data must be reliable.

When writing the business description and structure component, you want to avoid making any assumptions as money is involved. Investors won’t rely on assumptions to invest their money.

Your preferred structure will come under focus when describing the produces and services on offer.

Here, the type of operation involved (that is, agricultural production) will need to be clearly stated.

Management & Personnel

All successful maize farming businesses rely on the input of reliable and qualified management and personnel. A lot of hiring is involved here and will take up a significant part of your revenue.

Three points are considered when seeking to hire; who gets hired, the salary or wage structure as well as timing.

There are other sub-sections within this maize farming business plan that cover key aspects. These include an organizational chart, job descriptions, wage or salary amount, type of hire, and when the right time to hire is.

Organizational Chart

This tool is important for clearly explaining or planning the roles played or to be played by personnel.

In other words, it enables the reader to clearly identify who works for who. Such a staffing chart guides your activity and avoids any conflicting responsibilities.

Job Descriptions

Your maize farming business will need an active workforce. These hires, whether prospective or existing hires will need to be clearly defined. This section provides the reader with clarity to fully understand who does what.

i. Wage or Salary Amount

Every detail relating to the salary amount must be clearly stated here. It is also written with the understanding that over time, there’ll be percentage increases in pay for workers.

This also includes health insurance among other company benefits.

ii. Type of Hire

Your maize farming business should clearly define the type of hire to help sort or resolve any labor compliance issues that may come up. So, some of your staff may be engaged as independent contractors while others may be salaried.

It all depends on what works best for you.

iii. When the Right Time to Hire Is

Timing is of the essence when laying out your hiring plan. Such employees are only hired when their services are necessary. For temporary staff, there should be a clear date for their disengagement.

Market Research & Strategies

A marketing analysis is needed for your maize farming business operations. This covers your milestones, market analysis, and sales forecasts.

Also, you need to know how you measure against the competition, public relations, and deadlines. These are important aspects of marketing research that need to be included.

Financial Documents

Numbers are everything when it comes to business.

Having stated all your claims, the numbers are used to compare for purposes of viability. This section should contain full descriptions of your profit and loss statements, cash flow statements, and balance sheets.

With the information made available here, you shouldn’t have difficulties putting together an excellent maize farming business plan . We’ve included the key sections that require your attention.

These will win your endorsement of investors and also guide your business to success.

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Maize Farming: Business Plan And Guide For Beginners

  • Pinterest 12

Maize farming is very popular among the farmers in many parts of the world. Maize has become a staple food in many parts of the world with total production of maize surpassing that of wheat or rice.

And maize is called queen of cereals, because it has highest genetic yield potential among the cereals. Maize ( Zea mays ), also known as corn, is actually a cereal grain which is used for many different purposes.

It was first domesticated by the indigenous people in southern Mexico about 10,000 years ago, and today it is very popular throughout the world.

The leafy stalk of the plant produces pollen inflorescences and seperate ovuliferous inflorescences called ears that yield kernels or seeds, which are fruits.

The plants are often 3 meters in height (but some natural strains can grow up to 13 meters). The stem is generally composed of 20 internodes of around 18 cm length. A leaf which grows from each node, is generally 9 cm in width and about 1.2 m in length.

Maize is in 3rd position in term of total staple food production. But a very little amount of total maize production is consumed directly by humans. Most of the maize is used for corn ethanol, animal feed and for producing other maize products, such as corn syrup and corn starch.

Table of Contents

What Are The Advantages/Importance Of Maize Farming Business?

Like many other commercial crop farming business, large scale maize farming business also offers several advantages.

  • Maize is a versatile crop and it is widely used in various industries. It is used in many industries from food to biofuels (providing farmers with multiple market options).
  • This crop has a relatively short growing period as compared to some other crops. And you can ensure quicker harvest cycles and potential for multiple harvests in a year.
  • Commercial maize farming is less capital-intensive as compared to some other types of agriculture related business.
  • Maize plants are very hardy and they are resilient to different weather conditions. This crop has less risk of crop failure and it ensures a more stable income for farmers.
  • Commercial maize farming can create great opportunities for profitability, flexibility, and resilience in the agricultural sector.

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How to Start Maize Farming?

Starting maize farming business is not too tough. The plants are relatively easy to grow and you will able to grow if you are a beginner. Through maize farming, you can easily shield the deteriorating grade of soil.

Maize farming can help preserving 90% of water and about 70 of potency as compared with paddy. And maize farming can actually make more profit than paddy or wheat farming.

However, here we are describing more information about maize farming from selecting land, planting, caring to harvesting.

Step 1: Learn Practically

First of all, try to learn more about commercial maize production business practically. Like many other crop farming business, having practical knowledge is also very important for commercial maize farming business. So, try to learn more about this business practically from any of your nearest agriculture extension office or from any existing farmers in your area.

Step 2: Complete Maize Production Training

Completing a training is also very beneficial for operating a successful maize farming business. You can complete training from any of your nearest government or non-government organizations or from any agriculture extension office.

Step 3: Make An Effective Business Plan

A good and effective business plan helps to start and operate a business successfully. So, making a very good and effective business plan is very important. You can ask for help from an expert for making the business plan, especially if you are a beginner.

Step 4: Select A Good Location

First of all, select a good location for maize farming. Maize plants grow well in fertile soil with pH ranging from 5.5 to 7.5. They can be grown on wide range of soil types including loamy, sandy loamy or clay loam soil (heavy clay soil is not good for maize farming).

But the soil needs to be rich in organic content and have to have good water containing capacity. The plants also require full sun for better yield. So, consider all these factors while selecting land for starting maize farming.

Step 5: Prepare The Soil Perfectly

For preparing the soil, first of all remove all the weeds and remains of previously grown crop from the field. Then plough the land to bring the soil to fine tilth. 6-7 ploughing and harrowing will be required for making the soil fully prepared for maize farming.

As the maize plants grow very well in organic content rich soil, so try to add as much organic contents (fully-rotted aged manure or compost) as you can. 4-6 tons of fully decomposed aged manure will be enough for 1 acre land.

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For commercial maize farming, you also have to apply some chemical fertilizers into the soil. Applying 20-24 kg phosphorus, 60-70 kg nitrogen and 10-12 kg potash per acre will be required for optimal production.

Soil test is necessary to know deficiency of any nutrient in the soil, and exact amount of chemical fertilizers can vary from place to place. So test the soil before applying chemical fertilizers.

Step 6: Consider The Climate Requirements For Maize Farming

The maize plants are grown throughout the world, and the plants can grow in a wide variety of climatic conditions. It is actually a warm weather crop and doesn’t grow well in the areas where the minimum daily temperature is less than 19 °C.

The seeds can germinate as low as 10 °C, but the germination process will be faster and less variable at soil temperature of 16 °C to 18 °C. And maximum temperature for maize farming is 30 °C to 35 °C.

Step 7: Consider The Best Time For Maize Farming

Maize is a warm season crop, and is cold-intolerant. The seeds must be shown in the spring in the temperate zones. Actually, it can be grown throughout the year, but grow best between 21 °C and 27 °C temperature.

Step 8: Select The Right Type/Variety For Your Production

There are some different types of maize to choose from. The 6 major types of maize are sweet corn , flour corn, popcorn, pod corn, flint corn and dent corn. You should choose such a type which is widely grown and available in your area.

Step 9: Purchase Good Quality Seeds

After selecting your desired type of maize, purchase seeds from any of your nearest market or seed supply stores. Maize is very common and popular throughout the world, so you will easily be able to purchase seeds from your local market.

Step 10: Determine The Quantity Of Seeds Per Acre

Total amount of seeds per acre depends on many different factors. Exact amount of seeds required per acre can vary depending on production purpose, seed size, season, plant type and sowing method.

On average you will need about 8-10 kg/acre for spring crop, about 8 kg/acre for sweet corn, about 7 kg/acre for pop corn, about 16 kg/acre for baby corn and about 20 kg/acre for fodder production.

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Step 11: Planting

The maize seeds are planted in rows. But space between rows and between plants can vary depending on the maize type. Spacing the rows to about 2 feet apart and the plants to about 8 inches apart will be good for winter crop and both sweet and baby corn production.

Spacing 20×6 inches will be good for pop corn production and 12×4 inches will be good for fodder production. You can sow the seeds manually by dibbling or by mechanically with help of tractor drawn ridger seed drill. And sow the seed to about 1 inch deep.

Before sowing, treat the seeds with fungicides for preventing seed and soil borne diseases. Treating the seeds with Thiram or Carbendazim at the rate of 2 grams per kg seed will be good.

Step 12: Caring

Taking additional care is must for successful maize farming business and for maximum yield. The plants will grow better and produce more if you take additional care of the plants. Here we are describing more about the steps for caring the maize plants.

Fertilizing: Additional fertilizers may be required for maize farming. Test the soil and take advice from an experienced agriculture specialist before applying additional fertilizers.

Watering: The maize plants generally require less water as compared to other crops. Although timely and adequate watering will help the plants to grow well. Apply a light watering immediately after sowing the seeds. Then water lightly after a week for a month (during the early stage of this crop). And additional watering should be applied after every 25-30 days. Avoid water stagnation and the land must have to have good drainage system for successful maize farming business.

Controlling Weeds: Controlling weeds is very important for successful maize farming business. Initially you should remove all the weeds from the field while ploughing and harrowing. And then at least 2 additional hand weeding is required. The first weeding should be done on 20-25 days and another is on 40-45 days after sowing. Mulching can help to control most of the weeds from the field.

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Step 13: Try To Control Pests And Diseases

Like many other commercial crops, the maize is also susceptible to some pests and diseases. Corn worm, stalk borer or stem borer, shoot bug, pink borer, termites and shoot fly are some common pests for the maize plants.

Downy mildew, leaf spot, post flowering stalk rot and maydis leaf blight are some common diseases for the maize plants. Contact your nearest agriculture extension office or consult with an specialist for having recommendation for controlling all these pests and diseases.

Step 14: Harvesting

You can start harvesting when cobs outer cover turns from green to white. Actually when the stalks have dried and moisture of the grain as about 20-17%, is the optimum time for harvesting maize. You can harvest the maize manually by hand, and there are machines available for separating the seeds.

Step 15: Yield

Yield can vary depending on many different factors. But on average, you can expect about or up to 2500 kg per hectare.

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Frequently Asked Questions (FAQs)

People ask many questions about maize farming. Here we are trying to list the most common questions about corn farming, and trying to answer them. Hope you will find your answer. Don’t hesitate to ask us if you have more questions.

What is the origin of maize?

Maize is the domesticated variant of teosinte. Several theories had been proposed about the specific origin of maize in Mesoamerica. Probably, it was first domesticated by indigenous peoples in southern Mexico about 10,000 years ago.

What are the other names of maize?

Maize is known by many other names in many different parts of the world. It’s other names include corn, Indian corn, sweet corn, mealie etc. Maize is also known by some other local names in many different languages. It is known as Mielie in Afrikaans, Makki or Makai in Hindi, Bhutta in Bengali, Makoi in Assamese, Makai in Gujarati, Musukina Jola in Kannada, Cholam in Malayalam, Maka in Marathi, Makaa in Oriya, Iringu in Sinhala, Jola in Tulu and Mokka Jonna in Telugu.

What are the uses of maize?

Maize is used for many different purposes. It is mainly used as fodder for animals, food grain, pop corn, baby corn, sweet corn and green cobs. Corn flour is also widely used. Maize also serves as a basic raw material to thousands of industrial products that may include oil, starch, alcoholic beverages, food sweeteners, pharmaceutical, gum, textile, package, food cereals, cosmetic and paper industries.

What is the nutritional value of maize?

All the types of maize are nutritious and good for human health. Raw, yellow sweet maize karnels are composed of 1% fat, 3% protein, 19% carbohydrates and 76% water, And a serving of 100 gram maize karnels provide about 86 calories and are a very good source of vitamin B, thiamin, niacin, folate and pantothenic acid. They also provide moderate amounts of dietary fiber and some essential minerals such as phosphorus and magnesium.

What are the health benefits of consuming maize/corn?

Consuming maize or corn has some health benefits. Most notable health benefits of consuming maize are mentioned below.

  • Due to the fiber content, consuming maize is good for digestion.
  • Maize can help in lowering LDL cholesterol.
  • Regular consumption of corn can helps in preventing skin problems and can also help to combat with hair loss.
  • Consuming corn is beneficial for heart, and it may helps in preventing Alzheimer’s disease.
  • Eating maize is good for preventing diabetes and hypertension.
  • It can help in improving vision and it also has anti-cancer properties.

Is maize farming profitable?

Yes, commercial maize farming is a very profitable business. You can start this business for making good profits.

How to start maize farming business?

First of all select a good site for corn/maize farming, prepare the land perfectly, choose the right variety, purchase seends, plant in the field and care for the plants.

How long does maize take to grow?

Depends on the breed. But generally most of the corn varieties become ready for harvesting within 100 days from planting.

How many times is maize planted in a year?

You can take 2-3 crops in a year from the same field.

Is maize a profitable crop?

Yes, commercial maize farming is a profitable business. Demand of maize is very high in the market and the price is also good. So, you can start this business for making profits.

In which month maize is planted?

Depends on your location. For example, if you are from India then Kharif maize is sown in June to July till August and harvested in December.

Does maize need a lot of water?

Yes, maize plants grow very fast and require lots of water.

Which soil is best for maize?

Fertile, well-drained and sandy loam soil is considered as best for maize farming.

What is the correct spacing for maize?

The recommended spacing is 75cm between rows and 25cm for plants.

How do I become a successful maize farmer?

For becoming a successful maize farmer you have to choose a disease resistant and high yielding maize variety. And you also have to take good care of the plants for having good yield.

Which weather is good for maize?

Dry weather is considered best for maize farming business.

Should I water corn every day?

No, you don’t have to water your plants everyday. Watering them once per week will be enough.

How do you increase maize yield?

Apply both organic and chemical fertilizers for increasing maize yield.

What is the best time to fertilize maize?

Fertilize your field when the soil is moist.

What fertilizer does maize need?

Maize plants require a balance of NPK fertilizers. But potassium is the nutrient required in the greatest amount by maize.

How many seeds of maize should be planted per hole?

You should plant 2-3 seeds per hole.

How many maize seeds can you plant per acre?

You will need about 10 kg seeds for planting one acre land.

Can maize be planted all year round?

Yes, maize is now cultivated throughout the year.

How long is the life cycle of maize?

Average lifespan of the maize plants is between 120 and 150 days.

Does maize need full sun?

Yes, the maize plants grow best in full sun.

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6 thoughts on “maize farming: business plan and guide for beginners”.

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it is very helpful. i would be extremely happy if u continue to send me more information on other commercial crops. i am a young farmer who is now venturing into the business of commercial farming and i would need help to succeed. Please can you send me information on the ready markets for all cash crops in the world. thank you.

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Great.good work

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Sincerely apprecieted the writer. God Bless you.

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We have requirement of yellow corn cattelfeed maize Grade – B Or Grade – C as per mentioned specifications Required Qnty – 500MT Our targated exwarehouse price RS —-Rs per kg included 50kg bags and loading to truck payment – LR Based 🙏👆 if anyone have available the stock of maize pls contact with us immediately। +917020503591 [email protected]

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I appreciate your sharing. What type of watering system is good for maize production? Is drip irrigation watering system good for maize farming?

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Drip irrigation system is good, but it will be costly for you. Traditional watering system is economical for growing maize. Good luck!

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Starting Maize Farming Business in South Africa – Business Plan (PDF, Word & Excel)

Posted by BizBolts | Agriculture , All Articles , Business Plans , Crop Farming

Starting Maize Farming Business in South Africa – Business Plan (PDF, Word & Excel)

Maize farming, often regarded as the heartbeat of the South Africa’s agriculture industry, presents an alluring prospect for those seeking a robust and rewarding business venture. With a rich heritage deeply rooted in maize consumption and production, South Africa offers a nurturing environment for the maize farming business. Maize holds a prominent place in the nation’s culinary and cultural heritage. As a staple food that graces countless dinner tables, its demand remains steadfast year after year. Maize is the most used feed grain in South Africa and staple food for the majority of South Africans. This steady demand, coupled with the nation’s diverse climatic zones and government support for the agricultural sector, forms the bedrock of the maize farming industry’s potential. Furthermore, the ability to contribute to local food security, explore export opportunities, and adapt to sustainable practices makes maize farming not only a financially lucrative endeavor but also a rewarding one, aligning perfectly with the broader goal of promoting agricultural sustainability and prosperity in South Africa. This article will outline how to start the maize farming business in South Africa, and the maize farming business plan – PDF, Word & Excel.

Before you start the maize farming business, there are some important decisions which you have to make. You have to decide on the size of your maize production business ie how many hectares of maize you will farm.  There are many different maize varieties/cultivars, so you have to select which one you will farm, the season you are going to carry out your maize farming, and your target market. The size of your maize farming business will depend on the size of land you have, the amount of capital you have, and your target market. It’s important that you have a good maize production business plan before you venture into this business.

Market Research

Market research is a crucial initial step when embarking on the journey of starting a maize farming business in South Africa. To ensure the success and sustainability of your venture, it’s essential to gain a deep understanding of the market landscape. Firstly, identifying your target market is vital. Determine whether you plan to cater to local consumers, regional markets, or even international export markets, and define your target audience clearly. Furthermore, market research should encompass pricing strategies, regulatory compliance, and staying attuned to market trends and innovations. By calculating production costs and aligning your pricing strategy with market prices, you can estimate potential profits. Part of your market research should involve a comprehensive understanding of maize pricing dynamics within your target market. This includes identifying the prevailing market prices for maize and its related products, determining the factors influencing price fluctuations, and recognizing the seasonality of maize prices. Equally important is identifying your potential customer base and their buying behaviors. By delving into these aspects, you can strategically position your maize farming business, set competitive prices, and plan your production and marketing strategies to capitalize on favorable price trends and consumer demand fluctuations throughout the year

Land for Maize Farming Business

Land is a primary requirement and must be suitable for maize farming. To be profitable in the maize farming business, you should harvest as much yield as possible, and the type of soil on your maize farming has an impact on the yield. When it comes to maize farming, soil fertility is of utmost importance. The use of decayed leaves, compost or animal manure as organic matter is highly recommended to increase the soil fertility.  The soil should have good drainage, and should not contain toxic materials. The soil should also have good water holding capacities. Maize can grow on a wide array of soil textures depending on the type of maize. pH of the soil for maize farming should be between 6-7.

Machinery & Equipment for Maize Production Business

You will need different kinds of machinery and equipment for your maize farming business. Land preparation is essential before you plant maize, and that requires different types of machinery and equipment. Subsistence maize farmers can prepare the land with hand held equipment and animal drawn equipment since their lands are small. However for commercial maize farming businesses, there is need for machinery and equipment such as tractors, fertiliser spreaders, combine harvesters, irrigation equipment. It will cheap to hire the equipment as an and when you need it, instead of buying.

Maize farming can be done with or without irrigation. If you are using irrigation, you will need power for the irrigation system. You can incorporate the use of electricity powered pumps, solar or fuel powered pumps. Higher level of mechanisation in your maize farming operations will lead to higher efficiency hence higher profitability. Your maize farming business plan should cater for the costs of purchasing or hiring machinery and equipment.

Maize Farming Inputs

You will require maize seeds to start maize farming in South Africa. Ensure that you buy quality maize seeds from certified and reputable suppliers. Poor quality maize seed will lead to low yields and poor quality of the harvested maize. The popular suppliers of maize seeds in South Africa include Pioneer Seeds, Monsanto, Pannar Seeds and Sensako. You can plant white or yellow maize as they are both in demand in South Africa.

The other important input in maize farming are fertilisers. Fertilisers increase the fertility of the soil thus supporting the growth of the maize.  Maize requires a variety of essential nutrients for it to grow to its full potential. These nutrients include nitrogen, phosphorous and potassium. These nutrients should be provided via fertilisers and manure to promote growth of the maize crops.  Weed control is also essential during maize farming, and this is done by applying herbicides.  Fungicides and insecticides are essential  for protection of your plants against insects and fungi. The costs of acquiring all these inputs should be included in your maize farming budgets.

Pests, Weeds & Disease Control

Managing pests, weeds, and diseases is an integral aspect of successful maize farming. Pests such as aphids, cutworms, and maize borers can devastate a maize crop if not properly controlled. Employing integrated pest management (IPM) practices is a recommended approach. IPM involves a combination of preventive measures, such as selecting maize varieties with natural pest resistance, and targeted interventions like the judicious use of pesticides when necessary. Regular field monitoring is essential to detect pest infestations early, enabling timely and effective responses to protect your maize crop. In addition to pest management, weed control is equally critical. Weeds compete with maize plants for essential resources like nutrients, water, and sunlight, which can lead to reduced yields. Effective weed management includes practices like proper land preparation, the use of pre-plant herbicides, and post-emergence weeding techniques. Employing herbicides as part of your weed management strategy, both before planting and post-emergence, can help keep weed populations in check. Additionally, the use of fungicides is pivotal in preventing and controlling diseases like maize rust and leaf blight. Furthermore, diseases like maize rust and leaf blight can pose significant threats. Disease-resistant maize varieties and sanitation practices, such as removing and destroying infected plants, are crucial components of disease control. By giving due emphasis to the responsible application of pesticides, fungicides, and herbicides, you can fortify your maize farming efforts and ensure the health and productivity of your crop.

Labour for Maize Farming Business

When doing maize farming business, you will need to hire part time farm workers as and when necessary. Part-time labourers will be required because there’s a lot of seasonal work to be done. Some of the activities will include land preparation, seed planting, applying fertilisers and manure, ploughing, harvesting, amongst several others. The part time farm workers should be paid according to the number of days worked so as to cut costs.  You also require supervisors, farm manager, finance & accounting staff, and logistics staff depending on the scale of your maize farming business. The wages and salaries of your workers should be included in your maize farming business plan.

Maize Farming Business Model

In the maize farming business model, the process begins with securing suitable land for cultivation. Once you have your land, you plant maize seeds, initiating the growth cycle. Throughout the growth period, you must provide essential inputs, including regular watering, fertilizers to enrich soil nutrients, and pesticides to protect against pests and diseases. Additionally, labor costs are incurred for tasks such as planting, maintenance, and eventual harvesting. It’s essential to note that the specific timeline for harvesting typically falls between 4 to 6 months after planting. The potential for profit in maize farming lies in the substantial yield, which can range from 5 to 15 tonnes per hectare. This yield varies depending on factors like the chosen production system, the quality of inputs used, and the maize variety cultivated. The revenue from selling the maize surpasses the initial inputs, production costs, and operational expenses, resulting in good profits. The business model underscores the importance of efficient planning, diligent execution, and market-savvy strategies to maximize your returns in the maize farming business.

The market for maize in South Africa is very huge and is ever increasing. The local demand for maize is about 10 million tonnes per year. South Africa also exports excess maize to other African countries. Maize has a variety of uses in South Africa. It’s consumed green maize. It is also milled to produce maize meal which is used in meals in South Africa. It can also be used to make maize oil which is used in cooking. Cereal can also be made using maize. Maize also has a variety of industrial uses, including in  paper coating and sizing, soap, adhesives, rust proofing for metal surfaces, inks, paint, textiles, , salve and insecticides. Maize is also used to make livestock and poultry feeds, especially yellow maize . You can supply your maize to individuals, maize millers, animal feed producers, traders, food processors, organisations and industrial companies. Your maize business plan ought to include a proper market analysis and marketing plan to use in your maize farming business.

maize farming business plan pdf

Keys to Profitability in Maize Farming Business

Achieving profitability in your maize farming business in South Africa hinges on a multifaceted approach that encompasses several key factors. First and foremost, it’s crucial to invest in high-quality inputs and adopt sound agronomic practices. This includes using top-notch seeds, fertilizers, and pest control methods, while also implementing efficient planting, irrigation, and soil management techniques. Such measures are essential in optimizing crop health and yield, setting the stage for financial success.

Selecting the right maize varieties is another pivotal aspect. By choosing varieties that align with your region’s specific conditions and meet market demands, you can enhance your chances of success. Diversification and risk management also play a vital role, as planting multiple crops alongside maize can help mitigate potential losses due to weather or market fluctuations. Additionally, maintaining a market-oriented approach is essential. Staying abreast of market trends and consumer preferences, diversifying revenue streams, and controlling costs are integral elements that enable you to tailor your production to market demands.

Effective post-harvest handling practices, budgeting, financial management, and networking with industry stakeholders are all crucial components of a successful maize farming business model. Furthermore, a commitment to continuous learning and adaptation to new farming techniques and technologies will keep your venture competitive and resilient. By incorporating these strategies and approaches, you can unlock the full potential of your maize farming venture in South Africa, positioning it for profitability and long-term sustainability.

Advantages of Maize Farming Business in South Africa

Starting a maize farming business in South Africa comes with a plethora of advantages that make it an appealing venture for both seasoned farmers and newcomers to the agricultural sector. One of the foremost benefits is the steady demand and market stability of maize in the country. As a staple food, maize enjoys unwavering popularity, ensuring a reliable customer base for farmers. South Africa’s well-established maize industry further reinforces market stability, reducing the risk of unpredictable price fluctuations.

The geographical diversity of South Africa’s climatic zones is another advantage that maize farmers can leverage. This diversity enables maize cultivation throughout the year in different regions, allowing farmers to adapt their planting and harvesting times to local conditions. Moreover, the country’s varied climatic zones help mitigate the impact of adverse weather events, enhancing the resilience of maize farming.

Maize farming in South Africa offers opportunities for expansion beyond domestic borders. The country has the potential to export maize and its products to neighboring nations and international markets, providing farmers with additional revenue streams. Furthermore, the government’s support for the agricultural sector through subsidies, grants, and technical assistance plays a crucial role in reducing the financial burden on maize farmers and encourages the adoption of sustainable farming practices. Overall, a maize farming business in South Africa not only promises a stable income but also contributes to local food security, making it a well-rounded and advantageous venture within the agricultural landscape.

PRE-WRITTEN MAIZE FARMING BUSINESS PLAN (PDF, WORD AND EXCEL): COMPREHENSIVE VERSION, SHORT FUNDING/BANK LOAN VERSION AND AUTOMATED FINANCIAL STATEMENTS

For an in-depth analysis of the maize farming business in South Africa, purchase our maize farming business plan. We decided to introduce the business plans after noting that many South Africans were venturing into the maize production business without a full understanding of the industry, market, how to run the business, the risks involved, profitability of the business and the costs involved, leading to a high failure rate of their businesses.

Our business plan will make it easier for you to launch and run a maize production business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as the maize production business plan will lay out all the costs involved in setting up and running the maize farming business. The business plan is designed specifically for the South African market.

USES OF THE MAIZE PRODUCTION BUSINESS PLAN (PDF, WORD AND EXCEL)

The maize production business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your maize farming business
  • As a maize farming project proposal
  • Assessing profitability of the maize farming business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

CONTENTS OF THE MAIZE FARMING BUSINESS PLAN (PDF, WORD AND EXCEL)

The business plan includes, but not limited to:

  • Market Analysis
  • Industry Analysis
  • 5 Year Automated Financial Statements [ Income statements, cash flow statements, balance sheets, monthly cash flow projections (3 years monthly cash flow projections, the remaining two years annually),break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortisation]
  • Marketing Strategy
  • Risk Analysis
  • SWOT & PEST Analysis
  • Operational Requirements
  • Maize farming guide (Technical Details of how to plant, grow and harvest the maize)
  • Operational Strategy
  • Why some South Africans in the maize production business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your maize farming business in South Africa
  • Directory [Contact Details for South African suppliers of inputs (seeds, fertilisers, equipment etc) and contacts of maize farming training companies in South Africa]

The Maize Farming Business Plan package consist of 4 files

  • Maize Farming Business Plan – PDF file (Comprehensive – 95 pages)
  • Maize Farming Business Plan – Editable Word File (Comprehensive – 95 pages)
  • Maize Farming Business Plan Funding Version – Editable Word File (Short version for applying for a loan – 44 pages)
  • Maize Farming Business Plan Automated Financial Statements – (Editable Excel file)

Testimonial 6

It is with excitement and pleasure to inform you that I have been successful in securing a loan from my bank. This would not have been possible if not for the BizBolts Business Plan. Thank you for your help, my dreams are now coming true.

Testimonial 4

The business plan was very helpful, you did a great job of taking ideas and putting them into words as well as pointing out other aspects of the business plan I wouldn’t have thought of. I got funding using your business plan and it’s now 4 months since I started my poultry business, and everything is going well.

Testimonial 1

Many thanks to the BizBolts team for putting together a fantastic business plan, I could not have done this business plan on my own. I managed to get funding from investors to start my butchery business using your business plan.

Testimonial 7

Thank you BizBolts for the business plan. I received the business plan immediately after payment, it was money well spent ! I was able to easily edit the business plan. After using the BizBolts business plan, I can wholeheartedly recommend their products and skills.

Testimonial 5

The BizBolts poultry business plan led us down the path from start to finish. Contact details of suppliers of key requirements were included in the business plan. It helped us crystallize our strategy, and the business plan was well received by the bank.

Testimonial 3

The business plan has a highly professional look and feel. The research really helps me look deep into the market that I am targeting, it’s well suited for the South African market. The business plan clearly outlined everything I need to start the business and the costs. It’s now easier to budget and plan. Thank you very much.

Testimonial 2

I am extremely pleased with the business plan and financial statements. The business plan is very detailed & it meets my requirements. I feel better equipped with tools that can help me secure funding.  I would have no hesitation of recommending your business plans to other people.

GET THE MAIZE FARMING BUSINESS PLAN (PDF, WORD AND EXCEL) - R500 Only.

We decided to make the business plan affordable to anyone who would want to start the business, and the price for the pre-written business plan is only 500 Rand.

We have several payment methods which you can use.

Payment Method 1 (Visa card, Mastercard, Credit card, Debit Card)

Click  Buy Now  below to purchase. After you have purchased, you will instantly see the download link for the business plan package on the screen. We will also email you the download link. Get instant access to the business plan now!

maize farming business plan

If you want to purchase multiple business plans at once using Visa Card/MasterCard then  click here: Business Plans Store

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

Payment Method 2 (Instant EFT - FNB, Absa, Standard Bank, Nedbank, CapitecBank, Investec, TymeBank and African Bank. )

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If you want to purchase multiple business plans at once using Instant EFT then  click here: Business Plans Store

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Call/Whatsapp us on +27606334830 for the other payment methods. (Whatsapp us by clicking the link https://wa.me/27606334830 ). Email: [email protected] .

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BizBolts

BizBolts (Pty) Ltd is a business research company based in Johannesburg, South Africa. We sell prewritten business plans for various industries including livestock production, crop farming and retail businesses. BizBolts also publishes articles on business ideas, business news, business tips, personal finance, and entrepreneur profiles.

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  1. Starting Maize Farming Business Plan (PDF)

    Learn how to start a maize farming business with this comprehensive guide. Find out the essential factors, such as land, machinery, inputs, and market, for a successful maize farming venture.

  2. Maize Farming Business Plan [Sample Template]

    A Sample Maize Farming Business Plan Template. 1. Industry Overview. Businesses in the maize (corn) farming industry primarily grow corn (except sweet corn) and produce corn seeds. Corn commonly refers to the grains or kernels of the tall annual cereal grass Zea mays, and it is a staple cereal in many parts of the world.

  3. Maize Farm Business Plan (PDF, Excel, Word)

    This business plan provides a blueprint for how to start and manage your Maize Farm business. Our detailed research and analysis, including interviews with entrepreneurs and stakeholders, will ensure that you plan your future business for success. A business plan is used for various purposes including to (a) Raise funding from investors/friends ...

  4. (PDF) MAIZE MILLING BUSINESS PLAN -SAMPLE iMvubu Holdings, Ltd Siavonga

    MAIZE MILLING BUSINESS PLAN - SAMPLE iMvubu Holdings, Ltd Siavonga District Zambia. 1. Executive Summary 1. Executive Summary a) Business Concept iMvubu Holdings, Ltd is proposing a maize mill to service the remote Siavonga district of Zambia. iMvubu will buy maize and produce maize meal with bran as a by-product.

  5. PDF A BUSINESS PLAN OF MAIZE PRODUCTION IN NIGERIA

    A BUSINESS PLAN OF MAIZE PRODUCTION IN NIGERIA EXECUTIVE SUMMARY Maize farming, also known as corn farming, is one of the most viable agricultural business ideas ... It is not enough to emphatically adjudge a business profitable and viable without a proper analysis of Strengths, Weaknesses, Opportunities and Threats at one's disposal. ...

  6. How To Start Maize Farming Business

    The maize farming business plan needs to have this section placed at the beginning to easily provide or summarize the contents of the plan. Here, you want to build interest in the reader to go through the entire document. This gives an idea of what your maize farming business is about as well as how you plan on executing each task.

  7. Starting Maize Farming Business Plan (PDF)

    This document provides information about starting a maize farming business, including key considerations. It discusses that maize farming can be lucrative but requires selecting the right land, machinery, inputs and market. The ideal land has fertile, well-drained soil with a pH between 6-7. Machinery may include tractors, harvesters and irrigation equipment. Inputs involve high quality seeds ...

  8. How to write a business plan for a maize farm?

    3. The products and services section. The products and services section of your business plan should include a detailed description of the offerings that your company provides to its customers. For example, your maize farm could offer fresh, locally-grown maize to customers looking for high-quality produce.

  9. Maize Farming: Business Plan And Guide For Beginners

    Step 5: Prepare The Soil Perfectly. For preparing the soil, first of all remove all the weeds and remains of previously grown crop from the field. Then plough the land to bring the soil to fine tilth. 6-7 ploughing and harrowing will be required for making the soil fully prepared for maize farming.

  10. Starting Maize Farming Business in South Africa

    Learn how to start a maize farming business in South Africa with this comprehensive guide. Find out the market research, land, machinery, inputs, and management tips for maize production.

  11. Contents Table Maize Farming Business Plan

    This document outlines a business plan for starting a maize farming operation. It discusses choosing a location with fertile soil, selecting appropriate machinery and seeds, cultivation techniques like timing, spacing, and irrigation. It also covers operational details such as pest control, harvesting, storage, and a marketing strategy. Financial projections include startup costs, income ...

  12. PDF Microsoft Word

    Minnesota Maize has projected that the first year of operations will by financially. successful and expects a net income of $17,832,610 or 16.99% of net sales of. $104,965,811 during fiscal year 2001. Net income paid out as cash is expected to be $0.75. per share or 100% of profits.

  13. REVISED NewCo Maize Mill BUSINESS PLAN V6.3 Sept

    To achieve total revenues of R34,383,900 in 2011/12 (Super Maize Meal accounting for R29,127,600) increasing to R 73,663,759 in 2015/2016. To improve net realisations by +3% in Years 1-3 and +5% in Years 4-5 of the Plan. To achieve an Operating Profit (PBIT) of R 1,637,189 in Year 1 and R 8,755,719 in Year 5 of the Plan.

  14. PDF The Millennium Mills Project: Promoting Maize Mills as Business and

    Mozambique has built a post-war economy with one of the highest growth rates in Africa. From 2003-2008, the country experienced an average annual growth rate of approximately 8%, with projections for 2009 at 4% to 4.5%.1 Nonetheless, Mozambique continues to experience extremely high levels of poverty.

  15. PDF Business Plan the Maize Trust Pilot Project for Assisting Black

    the acquisition, transport and application of lime, which includes the cost of an initial soil analysis on 2 (two) hectare grids of the lands, which are to be planted in terms of the Trust's transformation project and that is occupied by the participating farmers; and. all or a portion of the crop insurance premiums that the participating ...

  16. A Sample Maize Farming Business Plan

    Introduce our business by sending introductory letters alongside our brochure to stakeholders in the agriculture industry, grocery stores, maize merchants, hotels, production companies that rely on supply of maize as raw materials and maize processing plants et al. Advertise our business in agriculture and food related magazines and websites ...

  17. Business Plan For A Maize and Beans Farm

    The business plan proposes a maize and bean farm on 90 hectares of land with an initial capital requirement of 10 million Naira. The farm will produce maize grain, beans, and animal feed. Production costs are estimated at 112,000 Naira per hectare for seeds, fertilizer, chemicals, rent, labor, and miscellaneous expenses. The expected yield is 40 bags of maize and 10 bags of beans per hectare ...

  18. PDF Business Plan

    will support him in this business venture. In addition, he has experience in receiving loans and has been successful in repayment. Industry Analysis and Marketing Plan Posho, a fine flour made from ground corn, is an important part of the East African diet, and so most rural farmers grow a considerable amount of maize to process into posho.

  19. Maize Farming Proposal

    Maize_farming_proposal - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and ...

  20. PDF MAIZE GROWERS GUIDE

    MAIZE GROWERS GUIDE

  21. PDF Maize Farming Techniques Manual

    d be adopted in every 3 years.If farmers cultivate maize every year in the same plot, virus & other soil borne disea. can be adopted as given below:First of all, farmers should. ide their field into 3 plots. In the first year, cultivate the maize in 1st plot, cultivate potato in 2nd plot & if possib.

  22. Uganda Grain Dealers LTD Business Plan

    Uganda Grain Dealers Ltd. is proposing a maize milling business in Kampala, Uganda. They will buy maize and produce maize meal and bran. The mill will have a capacity of 360 metric tons per year. Startup costs are estimated at UGX 54 million with total first year expenses of UGX 334.84 million and sales of UGX 372.96 million. Posho is a key part of the East African diet and there is high ...

  23. (DOC) Maize farming proposal

    View PDF. THE PROPOSED BUSINESS PLAN AND PROPOSAL ON MAIZE FARM PREPARED FOR: KICK START PREPARED BY: ONI AKINTUNDE BLG 23, OLU - ONI STREET, OMI - ASORO, ILESA, OSUN STATE, NIGERIA. MOBILE: 08146220585 EMAIL: [email protected] EXECUTIVE SUMMARY The proposed business is agro based; it entails production of maize in large scale.