Shoestring sideliners are often retirees, young people just starting out in careers, and others who have some available time, and perhaps the need, to pursue these market-related activities.
Unlike full-time entrepreneurs who devote most of their overall time and energy to the particular business, these sideliners often have competing or alternative work demands. Harper, who are or were professors or researchers at Penn State University. Another sample business plan is this one for a larger honey bee farm that packages and markets honey and sells bees, royal jelly, wax, propolis, pollen, venom and other bee products for domestic and global markets. These two sites also provide sample business plans, as well as offer some guidelines for starting a beekeeping enterprise.
These commercial beekeepers might have secured partners or investors and/or financing assistance through a bank, the Small Business Administration (SBA), or other governmental loans or loan guarantees.
In developing a business plan to obtain needed financial support, commercial beekeepers probably described many of their financing, operations, and marketing strategies.
They usually have limited start-up capital and funding for the first few years of their sideline activities, but may not need that much funding to get started in and test their sideline interests.
Honey Bee Business Plan Problem Solving Flow Chart
Personal or family funding is used for many of their sideline assets and working capital, rather than obtaining major funding from debt sources such as banks and the SBA, at least in early sideline activities.
Full-time or commercial beekeepers seem more likely than hobbyists, or even sideliners, to view their beekeeping activities strategically.
Many commercial beekeepers obtain some of their beekeeping assets and capital by the traditional approach of writing a business plan and using it to secure start-up financing.
Internet resources can also be useful, particularly for those who want to develop business plans for commercial beekeeping pursuits. Agricultural and beekeeping activities usually have even more threats and uncertainties than typical business enterprises.
A number of samples and templates for constructing business plans for beekeeping operations exist, can be easily accessed, and are profiled here – Diseases and weather are just two major beekeeping concerns.