Start a Coffee Farm with a Financial Plan
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This video explains how to build a financial plan when starting or buying a coffee farm. Financial planning is key for every coffee farmer since it takes years to grow the trees from planting until the first harvest of coffee beans. Years without income can put a lot of strains on coffee farmers, therefore obtaining more visibility on the future financial situation can be key in the success of any coffee plantation project. This video talks you through a solid financial model spreadsheet which can become a key tool for analyzing and forecasting the financials of a coffee plantation project. The spreadsheet uses a bottom-up approach to forecast the size of the lands under management, planting and harvesting times, harvest yields, harvest volumes, prices, revenues, planting costs, growing costs, harvesting and processing costs, operating costs, capital expenditures and other parameters which are required to prepare a solid financial forecast.
The financial plan will also need to answer questions from banks and investors and for this reason prepares the foreseeable financial ratios and financial metrics of interest to capital providers. The video explains how to build such a forecast specifically for buying or starting a coffee farm.
The spreadsheet model example used in the video is available here: https://www.efinancialmodels.com/downloads/starting-or-buying-a-coffee-farm-financial-model-266282/
The spreadsheet model example used in the video is available here: https://www.efinancialmodels.com/downloads/starting-or-buying-a-coffee-farm-financial-model-266282/
Credits for Photos used in the Video:
https://unsplash.com/@aussiep
https://unsplash.com/@katya
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