Capital phasing table — years 0 to 10 (two-site smart farm)¶

Purpose¶

Lay out infrastructure and equipment spend on a 0–10 year horizon for the two-site grazing-led strategy family, with placeholders for amounts and financing. Complements East Tennessee two-site farm business plan — capital plan and CAPEX, OPEX, and enterprise sequencing — two-site constraint.

Decision	Table use
When to spend on fence vs telemetry	Row timing + gate column
Home vs farm CAPEX	Site column
Debt vs cash	Source column—no silent credit card leverage
Stop if gate fails	Link Gate ID to `Validation backlog — before major spend`

Yr (approx)	Business plan phase	Capital theme
0–1	0–1	No-regret, intel, pilot
2–4	2	MVP production infra + herd or contracts
5–7	3	Scale or second stream
8–10	4	Salary architecture, hardening

Yr	Category	Item	Site	Est $	Src	Gate / trigger	Irreversible?
0	Legal / maps	Surveys, boundary, access clarity	BOTH	`$_`	CASH	G0	Partially
0	Comms	Homelab baseline / backup	HOME
1	Land intel	Soil, water tests, fence audit	FARM			V-land
1	Telemetry pilot	One I/O path (see `Instrumentation priority matrix`)	FARM		CASH	I-manual
2	Water	Develop / extend distribution	FARM		FIN?	G1	Yes
2	Fence	Perimeter / interior MVP	FARM		FIN?	G1	Yes
2	Livestock	Herd or contract buy-in	FARM			margin
3–4	Handling	Corral / load-out MVP	FARM
3–4	Transport	Truck/trailer class upgrade	BOTH
5–7	Scale	Add paddocks, water, herd	FARM			G2
5–7	Telemetry	Expand sensors within OPEX cap	FARM
8–10	Optimization	Cold chain, direct marketing assets	BOTH			G3

Add rows; do not pre-fill $_ without quotes.

Debt service ≤ MAX_DS_PCT % of trailing gross farm revenue
Operating line not used for depreciable without amortization plan
Personal guarantee documented worst-case
Equipment: custom hire quote before purchase for first season

Class	Content
Known	Phased investment + selective financing stated in plan
Assumed	Off-farm income subsidizes early years
Open	FSA / lender terms; exact EQIP eligibility