Friday, July 11, 2008

Well, where is the Health and Wealth from Growing Tomatoes?

Where are We, Half way through?

This Blog was started in order to share with everyone the Business Plan Experiment I created early in 2008. Being deeply involved in the dynamic Resource Membership Community, Beginners Marketing Class,

I wanted to show the members anything that we have a passion for and enjoy can be developed into a Wealth and Health Benefit. Creating and Implementing a Sideline or Full-time Business is FUN and rewarding on many fronts.

We have discussed the original premise of 24 well tended Tomato Plants could be expected to yield 50 # per plant during the Northern California usual growing season. And we could expect to sell the Tomatoes locally for at least $1.00 a pound, therefor the little garden ( approx 360 sq ft) could produce a Gross Income of $1,000

Writing down the objective and date to finish, drawing up a plan of action and budget projections area necessity to keep the Focus. We budgeted $140. Here is recap of Cash Flow Chart to 07-11-08

In July I found out my "competitor", a fruit stand on the other side of Town, is getting $2.50 per pound for his "slicer" Tomatoes, so being a Market driven entrepreneur I raised my Prices to$1.75, and Green Beans to $1.75. No loss of sales.

Tomatoes for Health & Wealth Cash Flow Projection

Projected Actual Projected Actual

Expense Expense Income Income
Tie Posts $30.00 $32.78 $1,000.00 $48.00 June
Tie Twine $20.00 $10.75

July
Fertilizer $35.00 $22.89

August
Irrigation equip $35.00 $21.75

Sept
Extra plants $20.00


Oct





Nov
Total $140.00 $88.17 $1,000.00 $48.00












Time Budget Actual


Projected
Hours


March 2 hrs 2.5


April 6 hrs 6


May 6 hrs 9.5


June 6 hrs 11


July 6 hrs



August 6 hrs



Sept 6 hrs



October 6 hrs



Nov 5 hrs




49 29



The next item regarding the Health Aspects of Growing Tomatoes on a small plot will addressed in the next post.

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1 comment:

Anna Haight said...

Thanks for visiting my site and the great information on tomatoes! Take a look at today's post on www.annascoolfinds.com to see how I immediately used them.