To access the “My Dairy Concept” template, visit www.centerfordairyexcellence.org. Enter Farm Name Here Enter Contact Information Enter Date.

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Presentation transcript:

To access the “My Dairy Concept” template, visit Enter Farm Name Here Enter Contact Information Enter Date

To access the “My Dairy Concept” template, visit

Problem/Need  CLEARLY DEFINE YOUR PROBLEM/NEED  Example: “This loan of $300,000 is necessary to finance a milking parlor and 12 additional jersey cows.

To access the “My Dairy Concept” template, visit Solution  State what you believe is the solution from the problem stated in the previous slide  State briefly how this remedy will to help you reach your business objectives  Example: “This loan will allow the farm to increase revenues to a projected $XXX annually with net profits of $XX 6 months after the completed installation.

To access the “My Dairy Concept” template, visit Rationale  Explain your 3-4 most important objectives & goals under each objective

To access the “My Dairy Concept” template, visit Farm Profile Categories: Your Farm Data: Cow Type & Number: Enter Data Here Average lbs. of milk/day Enter Data Here Price per CWT Enter Data Here Average pounds of milk/cow/year Enter Data Here Pregnancy rate Enter Data Here Cows in milk/month Enter Data Here Other statistics? Enter Data Here

To access the “My Dairy Concept” template, visit Farm Management Team  Describe company ownership and management structure  Strengths & weaknesses  Discuss any gaps/problem in manpower or management Sample Farm Management Diagram John Doe, Owner Jane Doe, Owner Jack Smith Herds Manager

To access the “My Dairy Concept” template, visit Constraints/Problems of your Dairy Business  List 3-4 of the most important barriers to change in order of importance  Example: “Because of the volatility of milk prices, there is potential for lower revenue and no profitability next year.”

To access the “My Dairy Concept” template, visit Constraints/Problems of your Dairy Business  List 3-4 of the most important barriers to change in order of importance  Example: “Because of the volatility of milk prices, there is potential for lower revenue and no profitability next year.”

To access the “My Dairy Concept” template, visit Brief SWOT Analysis Strengths:  Enter your strengths here Weaknesses:  Enter your weaknesses here Opportunities:  Enter your opportunities here Threats:  Enter your threats here

To access the “My Dairy Concept” template, visit Long-Term Plan  Long-term strategy  Plans of expansion and growth  Future ownership/management

To access the “My Dairy Concept” template, visit Thank You for Your Consideration. Enter Partners’ Names Enter Farm Name