Others will maintain a few hives and produce honey for family and friends, without that much time or effort put into this hobby.Some folks, however, develop a more sustained hobbyist interest, attend local club meetings regularly, and at least a few of these will eventually consider beekeeping as a potential sideline or full-time business.Sample business plans found online hardly ever recommend a value or the basics of contingency planning.
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.
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.
Sometimes they also have significant personal or family obligations that prevent their putting in many hours of beekeeping work per week. Reviewing these and possibly other sample beekeeping business plans can obviously help those who wish to create a business plan for their own unique entrepreneurial concerns and future objectives, but keep in mind some serious limitations of these models.
Like me, perhaps you can count three to ten or more such shoestring sideliners who regularly attend your local beekeeping clubs. Some of these sample business plans are obviously dated in terms of their offering current beekeeping revenue and cost projections.
Some commercial beekeeping operations are more successful than others in developing and implementing effective strategies to gain sustained competitive advantage in their particular market niches.
Beekeeping sideliners, though, can often be very different in their objectives or goals, and in their planning and operations, than commercial beekeepers.
My personal interest involves beekeepers, whether hobbyist, sideline, or commercial, who want to discover ways to be more effective and efficient in their personal or business beekeeping decisions.
My objective here is to describe some strategic approaches for sideline and commercial beekeepers to improve their efforts and results.
Describing sideliners versus commercial beekeepers largely in terms of differences in the numbers of hives that they manage can ignore some of these huge differences.
Some sideliners do follow the example of many commercial beekeepers in approaching their sideline start-ups strategically by developing a traditional business plan and trying to secure investments and loans.