Business Plan for Royal Animal Farms
1 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Business profile
STRUCTURE Company
ESTABLISHED October 2020
DATE REGISTERED February 2021
Contact Details
CONTACT NAMES Peterson Asante / David Boateng Darko
TELEPHONE +61 418771594 / +233 242540047
MOBILE +61 418771594 / +233 242540047
POSTAL ADDRESS P O Box 57, Akosombo, Eastern Region, GHANA
PHYSICAL ADDRESS Gyekiti, Asuogyaman District, Near Akosombo, GHANA
2 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Contents
1. Executive summary
2. Business background
3. Business strategy
4. Executive Team
5. SWOT and critical success factors
6. Market research
7. Market analysis
8. Competitor analysis
9. Financial plan
10. Assets
3 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
1. Executive Summary
Current position
Royal Animal Farms (RAF) is an Agri-business and processing firm being established in Ghana to
produce meat and milk for the local consumption and export. The business is an extension of Royal
Consortium which owns crop farms at Aponnawu Anyaase near Gyakiti and has acquired additional
land to expand into livestock farming.
RAF will specialise in the breading of cattle, pigs, goats, and sheep to produce fresh milk and meat.
Since Ghana has historically imported milk and meat to supplement the little quantities produced in
the country, this venture will increase milk and meat production, serve as import substitute, increase
job creation, and provide affordable quality food for consumption in a sustainable way.
After the business has been in operation for the first couple of years, the business will expand by
adding value to the products through milk processing for cheese, yogurt, and bottled milk.
More business branches and farms will open in other parts of the country to service the population in
those areas.
It is anticipated that by the end of 3 years of operation, opportunities will open to export excess
products to other West African countries.
A unique feature of this venture will be the establishment of Centre of Excellence for Meat and Milk
production in West Africa.
4 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
2. Business background
History
Royal Animal Farms (RAF) is an Agri-business and processing firm, a subsidiary of Royal Consortium
(RC) which owns and operate irrigation farms Aponnawu Anyaase near Gyakiti, in the Asuogyaman
District in Ghana. The crops on the existing farm include corn, cassava, okra, and other vegetables.
RAF is an extension of the existing business devoted to livestock animal rearing for meat and milk
production.
The animals earmarked for the farms are sheep, goats, pigs, and cattle. All the animals will be
reared for their meat except for the cows and goats which will be reared for both meat and milk. A
Livestock Training Centre will be set up to train locals in animal farming.
Ghana spent more than $80 million importing milk and milk products annually since 2011 and the
importation has increased with population growth.
Vison
Our Vision is to be the leading national Agri-business specialised in livestock and dairy production in
Ghana.
Mission Statement
Royal Animal Farms exists to use local resources, best practices and modern technology in
agriculture and infrastructure advances to meet the animal protein needs of all Ghanaians.
Business Objectives
The objectives of Royal Animal Farms are to:
▪ Increase meat and milk production for the Ghanaian market
▪ Serve as import substitutes for meat and milk
▪ Increase revenue through the export of excess produce
▪ Increase job creation by employing Ghanaian professionals and Consultants in the lifecycle of
the business operations.
▪ Setting up a Centre of Excellence for Meat and Milk production in West Africa
▪ Facilitating the Ghana Government’s agenda for industrialisation for jobs and wealth creation
▪ Provide affordable quality food through production and processing of meat and milk for
consumption in a sustainable way (SDG 1, 2, 4, 10, 12 and 15).
Areas of Specialisation
The four (4) selected areas of specialisation for Royal Animal Farms are:
1. Animal farms (livestock and dairy)
2. Dairy production and processing
5 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
3. Meat production and processing
4. Training and Research in meat and milk production in collaboration with colleges and
universities in Ghana and abroad
Goals
Short term goals Target date
Obtain funding approval Apr 2021
Finalise Land acquisition and obtain relevant permit approvals Apr 2021
Purchase farming equipment (tractor, ploughing, harrow disks, mower, rake, May 2021
baler) and farm tools
Complete Farm design and site infrastructure (offices, sheds, roads, May 2021
irrigation etc).
Install site infrastructure and grow feed (use hired equipment for land Jun 2021
preparation and seed sowing)
Foundation stock of animals arrive on site and breed dairy calves/cows Sep 2021
Install milking and meat processing equipment Jul 2021
Sale of produce begins (live animals, meat, and fresh milk) Dec 2021
Long term goals Target date
Establish nationwide distribution centres Jun 2022
Install cheese processing plant Jun 2022
Set up Livestock and Dairy Training Centre Jan 2023
Establish a farm in Ashanti Region for Central and Northern Ghana Jun 2023
Distribution
Start meat and dairy products export Aug 2023
Products and Services
RAF will sell the following products:
• Sheep (live and processed meet)
• Goats (live, processed meat and milk)
• Cows (live, processed meat and milk)
• Pigs (live and processed meat)
• Cheese
• Processed meat including sausages, mince etc.
The business will provide training for Animal and Livestock farmers.
6 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Figure 1 - Meat food chain
7 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Figure 2 - Milk food chain
Intellectual property (IP)
All Intellectual Property belongs to Royal Animal Farms
8 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Locations and outlets
The farms will operate from Gyekiti, Near Akosombo, Asuogyaman District, Eastern Region in Ghana.
Trading outlets for all products will be across Southern regions of Ghana with occasional deliveries to
the Northern regions depending on demand.
9 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
3. Business strategy
Tactics
Royal Animal Farms (RAF) will use a staged approach to develop the animal farm.
Stage 1- Farm Setup and Feed Growing
1. Land acquisition is the first stage of the project. Negotiation is in progress for two (2) separate
500acre lands in the locality, both of which have access to irrigation water from the Volta Lake.
2. Construction of Site Infrastructure such as a shed, office accommodation and a workshop for
servicing plant and machinery will follow land acquisition.
3. Purchase or leasing of farm equipment such as tractor(s), ploughing and harrowing discs will be
next.
4. Design, preparation of the farm and sowing of animal feed (Alfalfa / lucerne and others) will
occur concurrently with the site infrastructure construction. Installation of security fence around
the farm, water and feeding troughs will occur at the same time. Installation of irrigation system
where needed. Minimum of 100acres land will be prepared and farmed at this stage.
5. Hire key staff including Farm Manager, Veterinary Officer, machine operators and Farm Hands.
Resources required for Stage 1 include cash deposit for land, cash for site infrastructure and
machinery, onsite key staff, and a utility vehicle.
Income Stream – Sale of hay and silage.
Stage 2- Animals on Site
1. Get animal housing ready where required and stockpile feed
2. Purchase foundation stock of cows, sheep, goats, and pigs and deliver them to site.
3. Feed the cows, sheep, and goats with feed from Stage 1 (this includes on-farm grazing) and
obtain additional feed from Royal Consortium crop farms for the pigs.
4. Install and commission sausage processing machine
Resources required the cost of animals, sausage processing machine and medication.
Income Stream – Sale of matured animals, sausages, ham, and mince
Stage 3 – Setup Abattoir, Meat Packaging and Milking Plant
1. Set up an abattoir which includes a slaughterhouse and additional meat packaging plant
2. Setup milking and cheese processing plant (milk parlour, chiller, and storage)
3. Organise meet distribution contracts and distribution centres for selling packaged meat
Resources for this stage is machinery for setting up the abattoir and meat packaging and milking
parlour. Recruit and train meat and dairy staff.
Income Stream – Sale of fresh and packaged meat, and milk
10 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Stage 4- Breed Dairy Cattle and Setup Cheese Production System
1. Commence breeding calves for increased milk and cheese production.
2. Establish contracts for milk and cheese sale.
Stage 5- Growth, Export and Expansion
1. Expand the farm size to its possible ability in the current location.
2. Increase production of meat, milk, and cheese through efficiency.
Strategic impact
Animal farming for either meat or milk in Ghana is a niche market because historical and current meat
and milk production in the country is inadequate. Both the meat and milk production in Ghana
represent about 30% of the national animal protein requirements. The country relies on imports of
livestock, meat, and milk to supplement local production.
Given current demand for meat and milk in Ghana, there will always be the opportunity to increase
animal and milk production for the foreseeable future.
The availability of land and water all-year-round makes Gyekiti an ideal location for setting up the first
farms. The new railway lines from Accra to Akosombo harbour will make it easier to transport products
to Accra as the main national market centre.
E-commerce and technology
Royal Animal Farms (RAF) will use the most up to date farming technology and e-commerce in its
strategic and operational processes. Starting from farm design, land preparation and infrastructure
construction through to resource acquisition and distribution process, RAF will utilise affordable and
sustainable technology.
Core values
• Commitment
• Community focus
• Efficiency
• Trust
• Quality
• Excellence
11 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Credibility and risk reduction
RAF will increase business credibility and by being committed to quality products to ensure that all
animals are healthy, and processes are focussed on excellence. In addition to employing local staff
and training them, funds will be set aside to contribute to local community programs.
RAF will manage risk by using appropriate risk management tools to manage business risks such
financial, environmental, safety and livestock risks.
12 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
4. Executive Team
Name Peterson Asante
Position Managing Director / Infrastructure and Strategic Lead
Qualifications MBA MSc BEng (Hons) Civil Engineering, MEAust CMgr CAMA
Expertise Irrigation Project Management, Business Management, Strategic Planning and
Asset Management
Track record 16years’ experience from Ghana, the UK, New Zealand, and Australia
Name David Boateng Darko
Position Director – Quality and Operations
Qualifications Bachelor of Education, Diploma in Agriculture
Expertise General Agriculture and Education
Track record Founder of Lisa Darwood Community Sch. British Council Connecting Classroom
International Coordinator
Name Collins Oppong
Position Technical Expert
Qualifications BSc Agricultural Technology
Expertise Dairy Production
Track record Expert in diary production in Ghana, the USA and Australia
13 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Retention and recruitment policies
RAF will employ skilled workers from local institutions and work closely with local farmers. All workers
will be provided the opportunity to own shares in the business. This approach will motivate workers to
remain with the organisation because they become beneficiaries of the profit.
For specialised areas such as calving, milking and cheese processing, a Specialist will go to Ghana to
train local staff and provide ongoing support and mentoring until they become proficient.
The staff will have opportunity to become part owners of the business through shares so that they can
enjoy some of the benefits from their contribution.
The facilities will be used for on-the-job training for Agriculture Colleges. High performance students
who successfully complete their studies will be offered positions in the business
Mentors and business support
Specialists will provide ongoing mentoring to staff. RAF will organise professional development
programs for staff to ensure they have appropriate knowledge and skills to perform their tasks.
Additional business support will come from:
• Local Chief
• Local Member of Parliament
• EXIM Bank – through the One Town One Factory program
• University for Development Studies (UDS), Animal Research Institute
• KNUST – Animal Research Institute
• Volta River Authority (VRA)
14 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
5. SWOT and critical success factors
Strengths We will maximise them by:
• Existing crop farm • Leverage animal feed from the crop farm
• Land availability • Secure land available for future growth
and expansion
• Good rapport with local community
• Engage with the local community
• Availability of irrigation water
• Secure water security from appropriate
• Dedicated and highly qualified
stakeholders
leadership
• Utilise all necessary skills to ensure
success of the business
Weaknesses Minimise weaknesses by:
• Lack of funds to raise capital • Staging the implementation of the
program
• Absence of local Specialist in milking
and cheese processing • Training local staff
• Lack of agriculture machinery • Use lease options or alternative
procurement options to acquire plant and
machinery
Opportunities Maximise opportunities by:
• Produce local made milk and cheese • Fast-tracking milk production
which would otherwise be imported
• Contact the Agencies and organisations
• Create employment for locals responsible for investment funding.
• Tap into any available funding
program.
• Large-scale production to supply
nationwide and export
• Contribute to the Ghanaian animal
protein requirements
Threats Minimise threats by:
• Low price of imported goods • Using efficient processes to ensure cost
of production is low and price is
• Other businesses may setup to
competitive without compromising
compete with RAF
quality.
• Keeping trade secrets
15 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
SWOT summary
Chosen strategy
RAF’s chosen strategy is to utilise the strength of land availability to secure as much farmland as
possible for initial and future developments. This approach provides the security to ensure that there
is ample land for all aspects of the project including the construction of offices, workshop, storage,
milking, cheese processing and abattoir facilities. Animal housing and feed growing will also take a
sizeable land area.
The first land to secure is the approximately 100acre land next to the existing crop farm. This is a
strategic acquisition because the offices and facilities including irrigation system will be shared for
both operations. This is site will serve as the headquarters of the operations and initial operations will
take place on this site.
The next land to acquire is approximately 5km south of the crop land. The size of this land is
approximately 500acres. It will mainly be used to grow feed and house animals. We will seek at least
20m with easement for traveling between the farms to transport the animals when required. Both
sides of the easement will be fenced to prevent the animals from wandering onto neighbouring
properties.
RAF will seize the opportunity to seek government financial assistance from the 1District 1Factory
program. If successful, the business will take-off sooner and products will be out on the market within
1 year of commencing. The funding will help procure farm machinery and equipment of the meat, milk,
and cheese processing to accelerate production.
The first products to go to market will be live animals. The target of live animals is the
slaughterhouses and the public. This will be followed by processed meat such as sausages, mince,
and ham. There is readily available market for these meat products. The target market is restaurants,
hotels, and meat sellers.
Critical success factors
The conditions, capabilities and activities required for the business to be successful are
1. Acquisition or agreement to lease first 100acre of land for animal farming
2. Raising enough capital to undertake at least 50% of stage 1 works
Stage 1- Farm Setup and Feed Growing
a. Construction of Site Infrastructure such as a shed, office accommodation and a
workshop for servicing plant and machinery will follow land acquisition.
b. Purchase or leasing of farm equipment such as tractor(s), ploughing and harrowing discs
will be next.
c. Design, preparation of the farm and sowing of animal feed (Alfalfa / lucerne) will occur
concurrently with the site infrastructure construction. The farm will be fenced, and
installation of feed-roughs will occur at the same time. This will also include installation of
irrigation system where needed. Minimum of 50acres land will be prepared and farmed at
this stage.
16 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
6. Market research
Market research
Research shows that Ghana is a net importer of milk and animal products.
Table 1 – Ghana milk imports (tonnes)
Year 2006 2007 2008 2009 2010 2011 2012
Quantity 1,044 2,656 2,719 11,406 27,323 27,619 24,728
Source: Statistical Research and Information Directorate. Ministry of Agriculture, Ghana, 2013
Table 2 - Imports of live animals, head
Types of Animals 2011 2012
Cattle 9,384 23,622
Sheep 2,835 9,840
Goats 2,495 10,008
Source: Statistical Research and Information Directorate. Ministry of Agriculture, Ghana, 2013
Further research shows that all major milk processing companies in operating in Ghana import raw
milk products from abroad to process for the Ghanaian market. And with the growing need for milk
products in Ghana, it is important to have a local production business to satisfy the growing demand.
17 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
7. Market analysis
Market opportunity
There is high demand for meat and milk products in Ghana. As a result, the country relies on imported
meat and milk. Research shows that there is high opportunity to gain access and position the
business in the current market.
Market structure
RAF will sell raw milk products to milk processing companies in Ghana for their production. As
production increases, RAF will start processing milk into bottled/boxed milks, yogurt, and cheese.
NOTE: see figures 1 and 2 for meat and milk supply chain.
Market size and outlook
The current population of Ghana is 31,428,257 as of Wednesday, January 20, 2021, based on
Worldometer elaboration of the latest United Nations data. It is envisaged that consumption of milk
and meat will increase, thus, confirming that outlook for dairy products in Ghana is great.
In the unlikely event of over-production, excess milk and meat products will be exported to
neighbouring countries such as Togo, Benin, and Cote D’Ivoire.
Target market
Target market description
Target market meat is the local market where products will be sold directly to consumers. Meat will be
supplied to colleges, restaurants, universities, hospitals, and chop bars.
The target market for fresh milk is the milk processing companies as Fan Milk, Nestle and Arla Foods
company.
Factors influencing purchasing habits.
Level of consumer income is a major factor that influences the markets purchasing habits. The more
disposable income, the more they will spend on meat and milk products.
Religious practices also influence the purchasing of pork because Muslims do not eat pork. Given that
the targeted market has only small population of Muslims, this does not pose a problem to the target
market.
18 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
8. Competitor analysis
Main competitor – Milk and Meat Importers
The main Dairy Products manufacturing companies in Ghana are with their annual turnovers are
• Fan Milk Limited ($M): $76.53M
• Promasidor (Ghana) Limited ($M): $19.46M
• Blue Skies Juice (Ghana) Limited ($M): $4.12M
• Namio Ghana Limited ($M): $4.0M
All the above-listed companies rely on raw milk import for the production in Ghana which is a drain on
the national economy. Source: https://www.dnb.com/business-directory/company-information.dairy-products-
manufacturing.gh.na.accra.html.
Estimates by the UN Trade Statistics indicate that Ghana spent more than $80 million importing milk
and milk products annually since 2011.
Reasons behind the need to import:
• A distinct lack of modern and efficient technology to importantly increase yield.
• Most dairy farmers do not even know where to market their products after production.
• Most smallholder dairy farmers lack the necessary knowledge to produce milk in line with
standards that will enhance the quality of their products.
In contrast to the competitors, Royal Animal Farm will produce raw milk in Ghana in commercial
quantities to supply to the local market.
Strengths Weaknesses
Milk and Meat importers have knowledge of local The importers do not have access to fresh milk.
market. They also have established systems and They also operate at high importation cost along
procurement contracts in place. with taxes. Their products must be reconstituted
by processing companies at high cost
19 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Strategy
RAF will provide good customer service and high-quality products using healthy animals for meat
products. Our fresh milk and meat from the farms will provide consumers with the satisfaction of
knowing the source of their food.
Consumers in Ghana will have the confidence of consuming milk produced in Ghana under hygienic
and safe conditions.
Package products in an appealing and presentable way and produce utilise efficient and hygienic
processes to reduce wastage and improve healthy conditions.
20 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
9. Financial plan
Start-up costs
Fixed Assets Amount Depreciation (years)
Real Estate-Land 50,000 Not Depreciated
Real Estate-Buildings 70,000 40
Leasehold Improvements 5,000 7
Equipment 1,160,000 10
Furniture and Fixtures 2,000 5
Vehicles 170,000 5
Other 15,000 5
Total Fixed Assets $ 1,472,000
Funding
Sources of Funding Percentage Totals
Owner's Equity 2.41% 42,000
Outside Investors 94.14% 1,640,000
Additional Loans or Debt
Commercial Loan 2.58% 45,000
Vehicle Loans 0.86% 15,000
Other Bank Debt 0.00% -
Total Sources of Funding 100.00% $ 1,742,000
21 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Break-even Analysis
Gross Margin % of Sales
Gross Margin $ 793,500.0
Total Sales $ 2,286,000.0
Gross Margin/Total Sales 34.7%
Total Fixed Expenses
Payroll $ 99,637.8
Operating Expenses $ 168,537.0
Operating + Payroll $ 268,175.0
Breakeven Sales in Dollars (Annual)
Gross Margin % of Sales 34.7%
Total Fixed Expenses $ 268,175.0
Yearly Breakeven Amount $ 772,587.0
Monthly Breakeven Amount $ 68,482.0
Profit and loss forecast.
First year Second year Third year
Estimated sales
$ 2,286,000 $ 2,514,600 $ 2,766,000
Estimated costs
$ 1,938,100 $ 2,115,300 $ 2,332,800
Estimated profit/loss
$ 347,900 $ 399,300 $ 433,200
22 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Cash flow forecast
Year 1 Totals Year 2 Totals Year 3 Totals
Beginning Balance
Cash Inflows
Cash Sales $ 2,286,000 $ 2,514,600 $ 2,766,060
Accounts Receivable $ - $ - $
-
Total Cash Inflows $ 2,286,000 $ 2,514,600 $ 2,766,060
Cash Outflows
Investing Activities
New Fixed Asset $ 21,000 $ - $
Purchases -
Additional Inventory $ - $ - $
-
Cost of Goods Sold $ 1,492,500 $ 1,641,750 $ 1,805,925
Operating Activities
Operating Expenses $ 5,350 $ 5,519 $ 5,692
Payroll $ 99,638 $ 118,511 $ 153,226
Taxes $ 131,331 $ 186,091
Financing Activities
Loan Payments $ 12,915 $ 12,915 $ 12,915
Owners Distribution $ - $ - $
-
Line of Credit Interest $ 1,074 $ 1,289 $ 1,289
Line of Credit Repayments $ - $ - $
-
Dividends Paid $ - $ - $
-
Total Cash Outflows $ 1,763,808 $ 1,779,983 $ 2,183,771
Net Cash Flows $ 522,192 $ 734,617 $ 627,289
Line of Credit Drawdown $ 16,109 $ - $
-
23 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
10. Assets
Business premises
Royal Animal Farms operates on a 100acre land and is in the process of leasing 500acre land for the
animal farms. The office premises, sheds, workshop, and the production factories will be based on the
farmland.
IT
Requirements
Royal Animal Farms will use modern-day computer and technological systems for its operations.
Equipment
Requirements
Farming machinery:
• Tractors (140hp) x 2
• Mowers
• Balers
• Ploughing and harrowing equipment
Milk production:
• Milking parlour
• Milk cooling and storage tanks
• Milk processing plant
Meat processing:
• Slaughterhouse / abattoir
• Cold room for storage
• Sausage-making machine
• Other meat processing equipment
Transport and others:
• Utility vehicles x 2
• Staff bus
• Van for transporting products.
• Irrigation pumping machines.
24 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
Group Name Item Cost ($) Notes Reference
1.0 Real Estate 120,000.0
1.1 Land
1.2 Office Buildings
1.3 Storage Sheds
1.4 Workshop
1.5 Animal Health
2.0 Farm Equipment 140,000.0 Based on quotation from China and shipping to Tema, Ghana Quote
2.1 Tractors
2.2 Mower
2.3 Baler
2.4 Ploughing
2.5 Seeding
2.6 Irrigation Setup
2.7 Feeding Troughs
Others 22000
3.0 Milking Facility Based on offer from GEA Engineering
Cow Milking Parlour,
3.1 Cooling & Storage 450,000.0
3.2 Goat Milking Parlour 70,000.0
4.0 Meat Processing 200,000.0 https://shop.cantekgroup.com/cart
4.1 Cow Slaughterhouse
Sheep, Goats & Pig
4.2 Slaughterhouse
4.3 Sausage-making machine
4.4 Coldroom
5.0 Transport & Logistics
5.1 Utility Vehicles (2) 80,000.0
5.2 Staff bus 40,000.0
5.3 Distribution Van 50,000.0
6 Milk Processing Milk Processing Plant 300,000.0 TBC
1,472,000.0
7 Operation Cost Opex 270,000.0
Total Cost 1,742,000.0
25 – Mar 2021 (Strictly Confidential) Royal Animal Farms Business Plan Mar 21 1D1F
