📊 Why Plan Your Farm Business?

Farming is a business. A simple plan helps you make better decisions, access credit, and measure success. Studies show farmers with written plans earn 30-50% more than those without.

📝 Assess Resources 📊 Feasibility Study 📋 Business Plan 🏦 Access Credit → Repeat and improve each cycle
Farm resource assessment — survey your landAssess your farm resources — Photo: Wikimedia CC BY-SA 4.0
📝 Step 1

Assess Your Resources

Know what you have before planning what to do.

Feasibility study — analyze costs and returnsAnalyze your farm business — Photo: Wikimedia USDA PD
📊 Step 2

Feasibility Study

Before investing, check if your idea will make money.

📊 Quick Feasibility Checklist

✅ Market Demand

Is there demand for your product? Check with NFA, local markets, or contact buyers in our Buyer Directory. Can you sell at a profitable price?

✅ Technical Viability

Does the crop/livestock grow well in your area? Check soil, climate, and water suitability. Consult your Municipal Agriculture Office for local recommendations.

✅ Financial Viability

Will revenue exceed costs? Use our Budget Calculator to estimate. Target: net income ≥ 30% of total cost.

✅ Risk Assessment

What could go wrong? Typhoons, pests, price drops. Do you have insurance (PCIC)? Can you absorb losses?

✅ Resource Availability

Do you have the land, labor, capital, and skills? Are inputs (seeds, feed, fertilizer) available locally?

✅ Time Commitment

How long until first harvest? Rice: 4-5 months. Cacao: 2.5-3 years. Can you sustain income during gestation?

📋 Sample Feasibility Analysis: Rice Farming (1 ha, irrigated)

ItemAmountNotes
Investment
Land preparation₱6,000Tractor rental, 2 passes
Seeds (NSIC Rc 222)₱2,0002 bags (40 kg)
Fertilizer₱10,000Basal + 2 topdressings
Pesticide₱2,000IPM approach
Labor₱12,000Transplanting + management
Irrigation₱2,000Communal irrigation fee
Harvest & mill₱4,000Combine + drying
Total Cost₱38,000
Revenue
Yield3.5 tonsAt 3.5 t/ha (achievable)
Price₱25/kgWell-milled rice
Total Revenue₱87,500
Net Income₱49,500130% ROI ✓
Payback Period1 crop (5 months)Excellent ✓

Use our Budget Calculator to run your own analysis with different scenarios.

📋 Step 3

Simple Business Plan Template

A 1-page business plan is enough to start. Banks and cooperatives accept this format.

📝 One-Page Farm Business Plan

1. Farm Overview

Name: ___________________
Location: ___________________
Size: _____ hectares
Owner: ___________________
RSBSA #: ___________________

2. Enterprise

Primary Activity: ☐ Rice ☐ Corn ☐ Coconut ☐ Vegetables ☐ Livestock ☐ Other: _____
Secondary Activity: ___________________
System: ☐ Conventional ☐ Organic ☐ Integrated

3. Market Strategy

Buyers: ☐ NFA ☐ Millers ☐ Market traders ☐ Direct to consumers ☐ Cooperatives
Target Price: ₱_____ / kg or unit
Volume: _____ kg or heads per crop/season

4. Financial Summary
ItemAmount
Total Investment Needed₱_________
Expected Revenue₱_________
Expected Costs₱_________
Expected Net Income₱_________
ROI (%)_________%
5. Timeline
ActivityMonth
Land preparation_____
Planting_____
Management_____
Harvest_____
Marketing/Sales_____
6. Risk Management

Insurance: ☐ PCIC (₱57/ha rice) ☐ Not yet insured
Backup Plan: ___________________
Emergency Contact: ___________________

Accessing credit — agricultural training and supportAgricultural credit & training — Photo: Wikimedia USDA PD
🏦 Step 4

Accessing Credit

A written business plan makes loan approval much easier. Here are your options.

📝 Records

Farm Record Keeping

Simple records help you make better decisions and access credit. Here's how to start.

📊 Simple Record-Keeping Template

What to Record

Daily: Labor hours, weather, tasks done
Weekly: Inputs used (seeds, fertilizer, pesticide), expenses
Monthly: Income received, total expenses
Per Crop: Yield, total cost, revenue, net income

Sample Daily Log
DateActivityCost
May 1Plowing (2 passes)₱3,000
May 5Seeds purchased₱2,000
May 8Fertilizer (basal)₱5,000
May 10Transplanting labor₱4,000
May 15Pesticide spray₱800
Per-Crop Summary
ItemAmount
Crop/VarietyRice (IR64)
Area1 hectare
Planting DateMay 10, 2026
Harvest DateOct 15, 2026
Total Cost₱38,000
Yield3.5 tons (3,500 kg)
Price/kg₱25
Revenue₱87,500
Net Income₱49,500
Digital Tools

Free apps: FarmLogs, AgriApp PH, or Google Sheets
Simple option: Notebook or phone notes
Key: Be consistent. Record every expense, no matter how small.

Why Records Matter
  • Know your actual cost of production
  • Identify where you're losing money
  • Required for loan applications
  • Track progress over time
  • Make data-driven decisions