II. Company Overview
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Who is [Company Name]?
[Company Name] is a new agricultural business that produces crops for [location] and the surrounding area. [Company Name] will specifically grow root vegetables, including potatoes, onions, and beets. The company will work hard to grow these vegetables organically and without any chemicals. We will sell our produce at local farmer’s markets as well as to local restaurants and other establishments that would like to use or sell our produce.
[Company Name]’s most valuable asset is the expertise and experience of its founder, [Founder’s Name]. [Founder’s Name] has been a farm operations manager for the past [X] years, bringing a plethora of knowledge and skills that will prove to be invaluable to all aspects of the business. After working as a farm operations manager, [Founder’s Name] desired to run his own agricultural business that grows organic produce and benefits the local community. He will utilize his prior knowledge and experience to manage crop production, operations, and other aspects of the business.
[Company Name]’s History
[Founder’s Name] incorporated [Company Name] as an S-corporation on [date of incorporation]. The operations aspects of the business will be run from [Founder’s Name]’s home, while the agricultural aspects will be run from the land purchased for crop production.
Since incorporation, the company has achieved the following milestones:
- Found land to grow the crops and wrote a letter of intent to purchase it
- Developed the company’s name, logo, and website
- Determined agricultural equipment and inventory requirements
- Began recruiting key employees with experience in the cultivation industry
[Company Name]’s Products/Services
[Company Name] grows a variety of root vegetables for [location] and the local community. All produce will be organically grown. We alternate our crops, so the exact crops that are grown will be dependent on the season and current crop cycle. Some crops that we plan to grow include the following: