We want to build a standard and world – class soybean farm that will leverage on word of mouth advertisement from satisfied clients. Biodiesel is produced from vegetable oil, animal fats, soybean oil and any other reliable source of fats and oil. With commercial soybean farming it will pay you not to only cultivate soybean, you can as well start a soybean processing plant; producing and packaging soybean meal, soybean oil and soybean hull et al. Fred Nathan® Soybean Farms, Inc. do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis. This part of the business plan describes the business model for the biodiesel company and its … 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. Almost every household consumes soybean in different forms. The sales projections are based on information gathered on the field and some workable assumptions in respect to the nature of soybean farm that we run. Starting a soybean farming business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture. Fred Nathan® Soybean 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. For people who is going to start a mini or small soybean oil making business. The end consumer of soybean in any form and also those who benefits from the business value chain are all encompassing. We have done our detailed market research and feasibility studies and we were able to secure a suitable farm land to start our commercial soybean farm. Demand from organic chemical manufacturing is expected to increase in the coming year, presenting a potential opportunity for the industry. Our vision is to become one of the leading commercial soybean farms and soybean processing brand not just in the United States of America but also on the global stage. Any changes in farm policy have a major effect on the returns to soybean growers. Mini Soybean Oil Business Plan. In view of that, we decided to set up a standard soybean processing plant to help us maximize profits. One thing is certain when it comes to commercial soybean farming, if you are able to conduct your market research and feasibility studies before choosing a location for cultivating your soybean, you are likely not going to struggle to grow the soybean farming business and also to sell your soybean because there are always food processing companies and consumers out there who are ready to buy from you. 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 soybean farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management. A sizable amount of the revenue increase in the past five years can be attributed to the rising price of soybeans. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Fred Nathan® Soybean Farms, Inc.; Our strength as a soybean farm is the fact that we have healthy relationships with loads of major players in the commercial farms industry. Generate a larger chunk of the startup capital from the bank (loan facility). One of the common trends in the Soybean Farming industry is that most players in the industry are no longer concentrating only on non – organic soybean farming. Soybean farmers are exploring new technology to continue to improve the cultivation, preservation and processing processes; mechanized farming has indeed increased the tons of food produced by farmers. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in Overland Park – Kansas in our payroll. Soybean oil is an important edible cooking oil globally. Soybean Processing and Packaging Plant Manager, 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. 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 the startup capital for the business to just three major sources. Responsible for developing and managing financial systems and policies, Ensuring compliance with taxation legislation, Handles all financial transactions for the farm, Responsible for managing the soybean cultivation section of the farm, Supervises other workers within the department, Work closely with the General Manager to achieve the organizations’ goals and objectives, Responsible for managing the soybean processing and packaging section, Ensures that quality soybean meal, soybean oil, soybean hull and biofuel et al are produced from the processing plant, Serve as a quality control/assurance manager, Identify, prioritize, and reach out to new partners, and business opportunities et al, Responsible for handling business research, marker surveys and feasibility studies for the organization, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Document all customer contact and information, Represent the company in strategic meetings, Help increase sales and growth for the farm, Responsible for preparing farm lands for soybean cultivation, Weeding or fertilizer and / or pest control application, Assist in handling the harvest of soybean, Carries out task in line with the stated job description, Assist in transport working tools and equipment from the farm and back to the designated store room, Handles any other duties as assigned by the line manager, Introduce our business by sending introductory letters alongside our brochure to stakeholders in the, List our soybean farms on yellow pages ads, Attend related agriculture and food expos, seminars, and business fairs et al, Leverage on the internet to promote our business, Operating a standard soybean processing plant, 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 on strategic locations all around Overland Park – Kansas, Distribute our fliers and handbills in target areas, List our soybean farms in local directories / yellow pages. With the recent advancement in technology, farmers can now comfortably grow crops such as soybean in a country where such crops can hardly survive. Opening of Corporate Bank Accounts : Completed, Opening Online Payment Platforms: Completed, Application and Obtaining Tax Payer’s ID: In Progress, Application for business license and permit: Completed, Purchase Insurance for the Business: Completed, Leasing of farm land in Overland Park – Kansas and preparing the farm land: Completed, Conducting Feasibility Studies: Completed, Drafting of Employee’s Handbook: Completed, Printing of Promotional Materials: Completed, Building/construction of soybean processing plant: 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: Completed. Soybean has great economic value and they can be used for the production of soybean meal, soybean oil, soybean hull and even in the production of biofuel and animal feed.