AGR701 – MINI PROJECT & SEMINAR
ASSIGNMENT 2 2023
UNISA
PASS WITH 75%
,Table of Contents Page
Part 1.....................................................................................................................................................1
The chosen two commodities are Citrus and Sugarcane........................................................................1
1 Establishing the business title using the chosen two commodities.................................................1
1.1 Citrus & Sugarcane as a farming business is suitable for which type of business registration
form...............................................................................................................................................1
1.1.1 A feasible registration form of my business..........................................................................2
1.1.2 Developing a feasibly study on my farming business............................................................4
a) Capture the GPS coordinates of the farm using Google GPS app...............................................4
b) Province, District municipality, Local municipality and Name of place......................................4
c) Actual facts for each category....................................................................................................4
1.2 Production process......................................................................................................................7
1.2.1 Production work flow for each of two proposed farm commodity for optimal production. .7
1.2.2 Actual capital requirements to propose to integrate production........................................11
1.2.3 Attachment of website........................................................................................................14
1.3 Government regulations that are most important to your proposed farming business?...........15
1.4 Project the historical production of your two chosen commodities, in your country, province or
city...................................................................................................................................................16
1.4.1 How my business will influence in terms of increasing commodity production..................17
1.5 A feasible marketing strategy for each of two commodities according to the production size
and geographical location of a farm.................................................................................................18
Part 2...................................................................................................................................................21
Human resource..................................................................................................................................21
2.1 The job description for the supervisor and general farm worker for each of the two
commodities....................................................................................................................................21
2.2 The practical daily operational activities of farmworkers.......................................................24
2.3 Yearly worksheet........................................................................................................................27
REFERENCES.........................................................................................................................................28
, Part 1
The chosen two commodities are Citrus and Sugarcane
1 Establishing the business title using the chosen two commodities
Citrus & Sugarcane Delights
1.1 Citrus & Sugarcane as a farming business is suitable for which type of
business registration form
For a farming business focused on growing and cultivating citrus and sugarcane, a
suitable business registration form would be a Limited Liability Company (LLC).
Here's the justification for choosing an LLC:
Personal Liability Protection: An LLC offers personal liability protection to its owners
(known as members). This means that the members' personal assets are generally
protected from the business's liabilities and debts. In the context of farming, where
there may be risks associated with crop failures, pest infestations, or natural
disasters, an LLC provides an important layer of protection for the owners.
Flexibility in Ownership and Management: An LLC allows for flexibility in ownership
and management structure. Members can be individuals or other business entities,
and the LLC can be managed by its members or appointed managers. This flexibility
is beneficial for a farming business that may involve multiple owners or partners,
allowing for easier decision-making and allocation of responsibilities.
Tax Advantages: LLCs offer flexibility in tax treatment. By default, an LLC is treated
as a pass-through entity for tax purposes, meaning that the profits and losses of the
1
ASSIGNMENT 2 2023
UNISA
PASS WITH 75%
,Table of Contents Page
Part 1.....................................................................................................................................................1
The chosen two commodities are Citrus and Sugarcane........................................................................1
1 Establishing the business title using the chosen two commodities.................................................1
1.1 Citrus & Sugarcane as a farming business is suitable for which type of business registration
form...............................................................................................................................................1
1.1.1 A feasible registration form of my business..........................................................................2
1.1.2 Developing a feasibly study on my farming business............................................................4
a) Capture the GPS coordinates of the farm using Google GPS app...............................................4
b) Province, District municipality, Local municipality and Name of place......................................4
c) Actual facts for each category....................................................................................................4
1.2 Production process......................................................................................................................7
1.2.1 Production work flow for each of two proposed farm commodity for optimal production. .7
1.2.2 Actual capital requirements to propose to integrate production........................................11
1.2.3 Attachment of website........................................................................................................14
1.3 Government regulations that are most important to your proposed farming business?...........15
1.4 Project the historical production of your two chosen commodities, in your country, province or
city...................................................................................................................................................16
1.4.1 How my business will influence in terms of increasing commodity production..................17
1.5 A feasible marketing strategy for each of two commodities according to the production size
and geographical location of a farm.................................................................................................18
Part 2...................................................................................................................................................21
Human resource..................................................................................................................................21
2.1 The job description for the supervisor and general farm worker for each of the two
commodities....................................................................................................................................21
2.2 The practical daily operational activities of farmworkers.......................................................24
2.3 Yearly worksheet........................................................................................................................27
REFERENCES.........................................................................................................................................28
, Part 1
The chosen two commodities are Citrus and Sugarcane
1 Establishing the business title using the chosen two commodities
Citrus & Sugarcane Delights
1.1 Citrus & Sugarcane as a farming business is suitable for which type of
business registration form
For a farming business focused on growing and cultivating citrus and sugarcane, a
suitable business registration form would be a Limited Liability Company (LLC).
Here's the justification for choosing an LLC:
Personal Liability Protection: An LLC offers personal liability protection to its owners
(known as members). This means that the members' personal assets are generally
protected from the business's liabilities and debts. In the context of farming, where
there may be risks associated with crop failures, pest infestations, or natural
disasters, an LLC provides an important layer of protection for the owners.
Flexibility in Ownership and Management: An LLC allows for flexibility in ownership
and management structure. Members can be individuals or other business entities,
and the LLC can be managed by its members or appointed managers. This flexibility
is beneficial for a farming business that may involve multiple owners or partners,
allowing for easier decision-making and allocation of responsibilities.
Tax Advantages: LLCs offer flexibility in tax treatment. By default, an LLC is treated
as a pass-through entity for tax purposes, meaning that the profits and losses of the
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