STARTING A TOMATO FARMING BUSINESS PLAN

Tomato farming is one of the most profitable agriculture business ideas. Tomatoes are widely consumed – they can be consumed in diverse ways including raw, as an ingredient in many dishes and sauces and also in drinks. Tomatoes are also used by food processors. Processing of tomatoes consists of canning, freezing, dehydration and juice production. Tomatoes are processed into tomato sauce, whole pealed, tomato and onion bruises, paste, shredded, puree and paste concentrate. This article will outline how to start the tomato farming business, and the tomato farming business plan – PDF and Word. 

Tomato farming is a lucrative business, providing income for millions of people, but there are some essential things you need to do before you venture into the tomato farming business. You have to make a decision on how many hectares you want to farm, which type of tomatoes you will farm, which season you are going to plant your tomatoes, 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 tomato farming business overtime. You also need to carry out market research (Who are you going to sell the tomatoes to? At what price?) and write a tomato business plan before you venture into the business.

PRE-WRITTEN TOMATO 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 tomato farming business, we encourage you to purchase our well-researched and comprehensive tomato farming business plan. We introduced the business plans after discovering that many were venturing into the tomato production business without enough knowledge and understanding of how to run the tomato farming business, how to farm the tomatoes, 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 tomato farming business plan will make it easier for you to launch and run your tomato 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 tomato business.

The Pre-written tomato farming business plan package 

1. Tomato Farming Business Plan – PDF file (Comprehensive Version – 84 Pages)
2. Tomato Farming Business Plan – Editable Word File (Comprehensive Version – 84 Pages)
3. Tomato Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 39 pages)

CONTENTS OF THE TOMATO BUSINESS PLAN (PDF AND WORD)

TOMATO FARMING BUSINESS PLAN

Table of Contents

Executive Summary......................................................................................................4

Mission, Objectives and Keys to success ................................................................5

Vision.................................................................................................................................5

Core Values.......................................................................................................................5

Objectives .........................................................................................................................5

Keys to Success ...............................................................................................................6

Company Summary.......................................................................................................7

Products...........................................................................................................................7

Ownership........................................................................................................................7

Company Structure .......................................................................................................10

Operational Requirements ..........................................................................................14

Machinery And Equipment.........................................................................................14

Types of Tomatoes........................................................................................................15

Tomato Cultivars/Varieties...........................................................................................16

Tomato Growing Systems............................................................................................16

Planting Periods............................................................................................................17

Land And Soil Requirements....................................................................................18

Soil Preparation..............................................................................................................19

Tomato Population And Spacing................................................................................20

Planting Tomatoes..........................................................................................................21

Transplanting Seedlings...............................................................................................23

Fertilisation ....................................................................................................................24

Water Requirements And Irrigation .......................................................................25

Training And Trellising...............................................................................................26

Trellising.........................................................................................................................26

Pruning...........................................................................................................................28

Growth Stages And Fruit Development..................................................................28

Diseases And Control ....................................................................................................29

Weed And Pest Control...................................................................................................32

Tomato Management Tips.............................................................................................35

Harvesting Tomatoes.....................................................................................................36

Grading, Packing And Storage...................................................................................37

Operational Strategy....................................................................................................39

Planting Season............................................................................................................39

Planting Area................................................................................................................39

Tomato Seeds.................................................................................................................39

Tomato Plant Population ..........................................................................................39

Fertilizers........................................................................................................................40

Herbicides ......................................................................................................................40

Pesticides/Fungicides....................................................................................................40

Trellising..........................................................................................................................40

Labour.............................................................................................................................40

Machinery and Equipment......................................................................................................................40

Yield................................................................................................................................41

Revenue .........................................................................................................................41

Marketing Strategy .......................................................................................................42

Market Analysis............................................................................................................44

Demand.........................................................................................................................44

Uses of tomatoes........................................................................................................44

Market Segmentation..................................................................................................44

Industry Analysis.........................................................................................................47

Competition and Buying Patterns............................................................................48

SWOT Analysis..............................................................................................................49

PEST Analysis...............................................................................................................50

Financial Statements....................................................................................................52

Start-up Costs...............................................................................................................52

Financing & Bank Loan Amortisation...................................................................53

Pro Forma Income Statement.................................................................................54

Assumptions...............................................................................................................55

Inputs Costs and Quantities....................................................................................56

Revenue and Expenses ...........................................................................................58

Monthly Cash Flow Statement...............................................................................59

Pro Forma Annual Cash Flow.................................................................................65

Pro Forma Balance Sheet.........................................................................................66

Break Even Analysis .................................................................................................67

Payback Period Analysis...........................................................................................68

Financials Graphs.......................................................................................................69

Risk Analysis................................................................................................................71

Potential Sources of Finance...................................................................................75

Equity Financing.........................................................................................................75

Debt Financing ...........................................................................................................76

Top Reasons for failure of Tomato Farming Business ....................................80

Other Business Plans.................................................................................................82

Disclaimer....................................................................................................................84