ATI-X highlights importance of Farm Business Planning

Mushroom grower Maria April Rose C. Delaveda presents to the panel her farm business plan. Delaveda hopes to expand her mushroom area where she can also process them aside from growing them.

Limketkai Drive, Cagayan de Oro City---Following the completion of their training on creating a farm business plan, a Presentation of Farm Business Plan was mounted with farmer partners as participants to instill in them that farming is a business and teach them the basic skills of decision-making, computing the profits and expenses by implementing a business plan.

The aforementioned presentation is attended by Learning Site for Agriculture (LSA) cooperators, aspiring LSAs, potential LSAs, and farming enthusiasts who wish to go into agribusiness. One of the major output of the said activity is the preparation and submission of their individual farm business plans. The participants are guided and have even undergone a series of coaching and mentoring activities via google meet and messenger.

To better help the farmer participants, a set of panelist were invited to discuss and critique their farm business plan. Presenters furnished copies to discussants and other panelists. The panelists include Administrative Officer IV Efren C. Macario, Training Specialist III Teodosia D. Jaraba, Information Officer II Maria Eloisa A. Akut, Development Management Officer I / Budget Officer Mael Japheth G. Alvarez, and Assistant Center Director Noemi Beth G. Macario.

Since implemented in 2015 by the center, the Farm Business School (FBS) is a training program that aims to address the developmental needs of farmers in becoming successful agripreneurs. The training is designed to boost the confidence, unleash creativity and maximize potentials of every participant in response to the evolving challenges the Agriculture industry is facing. Also, to uplift farmers as front-liners of the national economy and bringing them closer to wider market opportunities for higher profitability.

A good business plan is a must for a new farmer, since it provides a clear strategy and objectives, and helps everyone involved in the operation to stay productive and focused. Farms need a written mission statement to show why the farm business exists, its values, what the business will be, and what it will accomplish. Its mission statement describes the purpose of the farm business, its targeted products, services, and quality. The mission statement provides the basis for developing the farm business’s long-term plans, goals, and objectives.

The Presentation of Farm Business Plan transpired on December 10 & 11, 2020 at the Pearlmont Hotel, Limketkai Drive, Cagayan de Oro City. Ms. Jhoylie Mae Rosales-Caumban served as Project Officer with the assitance of Mr. Reymard M. Galarrita, Technical Support Staff. (with reports from Ms. Jhoylie Mae Rosales-Caumban, Rice Program Focal Person)