Question: *You will need to create 3 paragraph business plan for the company below. PERDUE FARMS A FAMILY OF FARMERS SINCE 1920 Executive Summary Our company
*You will need to create 3 paragraph business plan for the company below.
PERDUE FARMS A FAMILY OF FARMERS SINCE 1920
Executive Summary
Our company exports all different kinds of poultry. This includes products such as beef, chicken, and pork. This is a great market to be involved with when it comes to exporting as everyone always needs to eat. It will always be a secure field. Exporting this product offers many opportunities to increase a company's profits. It also allows a company to grow and expand their business and name.
We are exporting overseas to many different countries such as Haiti, Cuba, and the Dominican Republic. The poultry market is different overseas which is another reason why exporting makes strategic sense instead of selling locally. Their markets give our company increasing profits and increasing sales potential. Within the United States, there is an increasing amount of competitiveness which makes it harder to build a name for yourself. This is another reason why exporting overseas is such a great way of producing money.
Exporting also entails documentation and certain processes in order for transactions to run smoothly. Perdue Farms has a whole additional department whose sole responsibility is documentation. This is a great way for us to avoid any errors. We use the USDA government website to help guide us through the whole process. This website offers in detail the certain steps that need to be taken to export each kind of product. We will also have an onsite inspector at our facility which will make the processes a lot faster as the government requires all types of products to be inspected. Overall, Perdue Farms is a great company built off of trust, wealth, and family. We will continue to strive in this business which will continue to provide us generational wealth.
Why should this company export?
According to the governor 's administration, Perdue's export firm will produce 15 storage positions and a minimum of 30,000 hours of new labor for the area's dockworkers per year. Perdue will employ the proposed refrigerated warehouse center to transport chicken to Russia, Eastern Europe, and the Far East.
Poultry market organizations in the United States estimate that regaining entry to the Chinese market might lead in $1 billion billion in annual sales for chicken paws on its own, with an additional $1 billion in possible future exports of other chicken goods, such as leg and breast meat. It estimates that turkey exports might earn an additional $100 million in revenues, while poultry breeding stock may yield an additional $60 million for US manufacturers. Perdue shipped a historic high of bushels of soybeans to 25 countries in the calendar year 2021. Perdue should export since it can add wealth to the company if it decides to sell in the future. In other terms, it would raise the company's earnings, resulting in a rise in its total net value. The purchase of an asset increases the company's and business's net value.
Perdue AgriBusiness has a direct base in South America via its retailing headquarters in Sao Paulo, Brazil, and has created the contacts and resources to generate over 1 million bushels of grain for export. Perdue has five chicken manufacturing factories on Maryland's Eastern Shore and five in North Carolina's eastern mountains. It also has factories in Florida and Alabama. China Sea purchases a cargo of soybeans from Perdue on a monthly basis throughout the US export period. Sales to the China Sea strengthen their US soybean production network and diversify our Chinese client market. Their skill to dispense soybeans rapidly, associated with the packing improvements we made at our Chesapeake, VA., offshore station, results in significant organizational cost savings to the supply system, increasing revenue and profits for both associates and providing a supplemental exit route for US farmer wheat.
Export Policy Commitment Statement
Perdue Farms is highly committed to providing our customers with thehighest quality poultry and poultry related products to retail and food service customers.Perdue farms has the largest farm raising more organic chickens than any other company. Our main focus and goal is always providing value to our customers. We have decided that it would be best to expand our brand so that it is more accessible to outside the U.S. Our entrance into The Caribbean would be a successful and profitable opportunity. This would provide an opportunity to connect and develop long term relationships with Caribbean islands natives.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
