Opportunity
Problem
The health and nutritional industry is growing quickly. Customers want natural and plant-based alternatives to pharmaceuticals. They have come to see the body as a temple. They don’t want to pollute with chemicals. This industry requires botanical plants that can be processed and given to nurseries by “do-it yourselfers”.
Solution
Botanical Bounty is striving to be a major producer of botanical plant for the natural supplements industry and nurseries.
Market
Botanical Bounty works with three distinct clients: supplement companies; processors of botanicals to supplement companies; and nurseries that resell these plants.
The plants are then sold to the customers who purchased them for their products.
Natural supplements are a very exciting market. Surveys have shown that over 158million Americans use dietary supplements, which is more than 55%. An estimated 115.3 Million Americans purchase vitamins and minerals to supplement their diets. 55.8 Million buy them for family members, including their children. A majority of Americans use herbs, according to consumer surveys. This is especially remarkable considering that the herbal products industry has been around for less than a quarter century.
Competiton
Competition takes two forms, farms similar in size and production capacity to Botanical Bounty and megafarms. From 5 to 30 acres, the farms of similar size range in their size. You can grow as few as one herb or as many as 50. The choice in plants that are grown depends on the preference of the owner as well the ability of the local climate to support them.
Why Us?
Botanical Bounty strives to be the best provider of botanical perennials in the health/vitamins sector. By providing quality plants at fair rates and exceeding customers’ expectations, Botanical Bounty will accomplish this.
Expectations
Forecast
We will need to invest $35,000 in new equipment to finance our growth. We are seeking a $100,000 10-year mortgage to help us achieve this goal. The sales forecasts predict that $190,000.00 will be generated in year 2 and more than 400,000 in year 4.
Financial Highlights by Year
Financing Needed
We need to have a $100,000 10 year loan. Our $35,000 cash reserves from current operations will be used.
No comment yet, add your voice below!