Abstract
Statement of problem: to write a ten year business plan for Five Mile Ranch LLC. The ten year plan will outline a course of action aimed at reducing operating cost, developing additional revenue sources, positively impacting the environment, and improving land value. Current operations are earning an internal rate of return of negative 20.02 percent and the payback period is 42 years. Success will be determined by achieving a positive internal rate of return and a payback period equal to or less than ten years, the duration of the business plan. Sources of data: Data was collected using online research, interviews with industry professionals, and publication information. Conclusions reached: According to the ten year business plan, Five Mile Ranch LLC will achieve a 4.19 percent internal rate of return and a payback period of 7.9 years. Therefore, the business plan should be executed.