1. Pumpkin Meadows Processing Ltd. Kara Forge Genevieve Hamoline Genevieve Hamoline Jim McQueen Laura Shymko

2. Introduction n Our business plan outlines the development and feasibility of Pumpkin Meadows Processing Ltd. n The goal of our company is to find a market for non-carving pumpkins, made into puree, unable to bring in premium pricing

3. Mission Statement To provide a high quality, Saskatchewan made, value-added product to wholesale distributors within 2000 km of the plant in an environmentally friendly way, by a company whose objectives include growth and diversification.

4. Business Organization n Private corporation n Seasonal operation n Process 400,000 lbs. raw pumpkin in year one n Expand to 540,000 lbs. raw pumpkin by year six n Purchase pumpkins for $0.10/lb. from MaxCore Ltd.

5. Site Plan n 18 miles north of Moose Jaw on highway #2 n Plant built on old barn site. n Significant advantages –Highway access –Located along “veggie corridor” –Excellent water supply

6. Location Farm location

7. Future home of building site for Pumpkin Meadows Processing Ltd.

8. Operations Plan

9. Processing of Pumpkins

10. Equipment Zwilling J.A. Henckels ~ 4 pc. Chef’s set World’s Finest Cutlery Since 1731

11. Processing of Pumpkins

12. Equipment Quarterer/Slicer

13. Processing of Pumpkins

14. Equipment Steam Blancher-Cooler

15. Equipment Saskatoon Boiler Model OTS-G15L Low Pressure Steam Boiler

16. Equipment Model 18 Pulper/Finisher

17. Processing of Pumpkins

18. Equipment Costs

19. Capital Budget Summary

20. Variable Operating Expenses

21. Human Resource Management

22. Organizational Structure

23. Human Resource Management n General Manager n Accounts Manager n Plant Foreman n Full-time Plant Workers n Part-time Plant Workers

24. Marketing Plan

25. Product Features n Saskatchewan grown n 100% pure frozen pumpkin puree n No substitution of squash or carrots n Produced from the finest, hand-picked products n Minimal pesticide use on raw materials

26. The Market n Pumpkin puree market is very stable n New entry is difficult n Demand is seasonal –peak consumption between October and December n Demand for ready-to-eat baked goods is increasing

27. Target Market n Customers –wholesale distributors who supply bakeries, restaurants, and grocery store bakeries –further processed into ready-to-eat products

28. Competitive Analysis

29. Past Performance n Previous attempts at processing puree have occurred in Saskatchewan. n Assumptions that have been made: –Simple process –Major drawback - Marketing –Success is dependent on a successful marketing manager

30. Marketing Budget

31. Financial Plan

32. Financial Budget Total required = $200,000

33. Financial Summary n Required rate of return was 20% n 10-year projection showed an internal rate of return of 27.8% n Positive net income in year 1 n Cash flow of $28,000 in year 1 n Dividends paid out in year 2 n Break-even volume - 365,000 lbs

34. Financial Results

35. Critical Variables

36. Sensitivity Analysis

37. Scenarios * using the selling price as the critical variable

38. Conclusion

39. Future Alternatives n Canning n Processing other vegetables n Organic production n Contracting pumpkin production from other producers n Rental of processing plant n Utilization of the Food Center

40. Conclusions n Feasible providing a market is found n IRR exceeds required rate of return n Pumpkin Meadows Processing Ltd. may lead the way