Indoor farming promises a triple bottom line. This means profit. Join us for a closer look at the financial performance of indoor farming operations. 3:06 Intro to local food markets 4:28 Defining the size and scale of your market 6:01 An 1,800 square foot indoor farm, built to supply wholesale restaurant and retail locations 6:48 Safe Harbour Statement 7:21 Production estimates 8:26 Exammple of an internal rate of return 9:41 Ready, set, let’s do some business planning! 10:11 Start with net income (profit and loss statement) 10:43 Capital budgeting for an 1,800 square foot indoor facility (example) 11:10 Operating expenses (example) 13:22 Profitability study: 10% Basil, 28% Lettuce, 22% Mini-head of Lettuce, 40% Kale 19:50 Net income and IRR for year 1 24:52 A closer look at the assumptions for this scenario – pricing and production numbers 26:07 Identifying the most productive and profitable crops to grow 26:52 How increasing herb production can increase profitability 30:02 Additional costs associated with a new line of business 31:18 (Example) How to optimize your crop selection for profitability 33:03 A 5 year IRR of 29% 36:53 Audience questions About Bright Agrotech Bright Agrotech provides hardware, software, and services for controlled environment agriculture (CEA) industry. The company provides distribution globally, with locations in Australia, Canada, China, Europe, Singapore, South Africa, and Trinidad and Tobago. Learn more at www.brightagrotech.com/zipfarm/ -~-~~-~~~-~~-~- Please watch: “Leaders of Local Food: An Indoor Vertical Farm in Edina, MN” -~-~~-~~~-~~-~- Video Rating: / 5 Related PostsInvesting in Indoor Farming (Replay) | Let’s Talk Indoor Farming!The Evolution of Indoor Farming | Let’s Talk Indoor Farming!Economics of Indoor Growing (Live) | Let’s Talk Indoor Farming!Startup Costs and Financing Strategies | Let’s Talk Indoor Farming!LED’s, HVAC, & Breakthrough Innovations | Let’s Talk Indoor Farming![Electro House] DJ Hydroponic X5 : Lets Get Started
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