You are the owner of a goat farm in ohio. Your farm,through goats, produces milk, meat, and wool. Your farm produces 3000 liters of milkper year and sells at R20 per liter. You sell 10 special meat goat breeds and makeR10 000 on each goat at the annual auction. At the annual auction, you also producespecial wool worth R1000 from each of your 10 special goat breeds.Your business model has attracted a sponsor wanting to invest in expanding yourbusiness. Use your financial planning skills to convince the investor to investR100 000 in your business. The R100 000 will be used to buy an additional 200 goatsat R250 each from a government-sponsored initiative to empower young farmers likeyourself.You have also provided the investor with the projected expenses per year totalingR70 000 for transparency purposes: Feed: R30,000/year Veterinary Care: R10,000/year Labor: R20,000/year Marketing: R10,000/year
Develop a financial plan to convince the investor to invest R100 000 in your business.Ensure your financial plan provides details and calculations, where applicable, of thefollowing elements: 1)
1)Start-up costs
2)Projected income
3) Net profit (year 1)
4) Return on investment
5)Concluding remarks to motivate the investor
