How to prepare business plan to get 5 crore funding by PMKSY SCHEME for AGRO PROCESSING

 

The central government scheme for agro marine and agro processing was approved by cabinet in May 2017 the schema has be renamed now as "Pradhan Mantri Kisan Sampada Yojana (PMKSY)". We will discuss about how to create a business plan for AGRO processing to get funds of 5 crore under PMKSY SCHEME

·         Understand in advance what is a business plan or business plan: The wise man said, the results that occur in the future are the fruit of the decisions we make today. Even though the future is full of uncertainties, we can increase the chances of success by planning each activity.

·         This applies to all aspects of life, both personal and corporate matters. For entrepreneurs who run their own business, business planning is important. This paper discusses the importance of planning in AGRO PROCESSING activities both on a small and large scale and discusses the steps required in compiling a business plan.

·         What is planning in Agro processing? One of the important documents in every business is the business plan. It is common among AGRO PROCESSING, be they entrepreneurs, investors, consultants or other parties to request a plan from an agro processing. Therefore, agro processing business planning has many benefits.

·         Making a business plan may take up enough time and effort, but it is very valuable for the sustainability of a business. Because the business takes place in an environment that changes all the time, business planning must also be periodically revised to ensure that the business being carried out is in accordance with the expected direction.

·         In general, planning in AGRO PROCESSING consists of five aspects or five steps: Preparation of the AGRO PROCESSING Vision and Mission Statement, Marketing Planning, Production planning Financial Planning, Human Resources Planning

·         The first aspect in agro processing planning is the preparation of a Vision and Mission Statement: it is about where the business is going. This is the cornerstone of business planning. The formulation of the vision and mission of this business can be started by conducting a SWOT (Strength, Weakness, Opportunity, Threats) analysis of the organization and the business being run.

·         The vision statement explains why this business is being run and where the organization or business is in the future. The mission statement explains the practical steps taken to achieve the business vision, both regarding the company's position in other industries, the types of products to be sold and the services provided.

·         The second aspect of business planning is creating a Marketing Plan.

·         There are two important aspects of marketing planning, first regarding the company's position in industry and secondly related to market information of the products the company sells. This includes, among others, who buys the company's products, what type of consumer, how much is the consumer's ability to buy the product, the price of the desired product.

·         Included in the marketing planning aspect is the marketing strategy the company will run, what advertisements will be published and which media the

·         Financial Planning: This is a crucial aspect because it relates to something that will make the business work, namely finance. Because the purpose of a business is to create profit or in plain currency means money.

·         If you follow these steps  and come up with  the business plan you can certainly be  able to  get loan up to  5 cr some  of  the  examples of  agro processing are Amla fruit products with preservation tomato sauce, pickles, jams & jellies, Asafoetida (compound), Banana wafers, Bakery gel these are some of the  examples of agro processing and what so ever project you want  to  you have  to  create business  plan  according but in general for  agro  industry I have  mentioned the  points which h if followed will help you to  get 5 crore funds for Agro processing

·         Human Resource Planning: A business will run if there are humans who move it. In several types of businesses such as agriculture, labor expenditure accounts for the largest portion of all company expenditures. Therefore, labor costs are sometimes the most difficult to manage

I can ensure you just choose your project like jams & jellies, Asafoetida (compound), Banana wafers or any other agro processing project you want to develop  and follow the  above mentioned business plan you will be  able to get funds under PMKSY scheme.

CONTACT: 450, Mastermind 1, Royal Palms, Aarey Colony, Goregaon(E), Mumbai, Maharashtra 400065Ph:+91 8097027355, +91 9137256150, +91 9222086563 or visit http://businessplansmentor.com/

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