How do I check a feed mill’s mixing equipment and batch records?
Ask to watch a batch being made, then compare the scale, mixer and controls with the maintenance and calibration records. Read recent batch records for gaps, corrections and customer complaints. Good records are as valuable to a buyer as good machines are.
A feed mill sells consistency. Start by asking for a list of mixers, grinders, conveyors, scales and bins, with age, repair history and replacement plans. Ask a millwright to check wear on paddles, bearings and motors. Dust control and housekeeping are worth a look too, as they show how the plant is looked after day to day.
Batch records tell you whether the plant does what it says. Pick a few recent batches at random and trace them from the recipe through to the delivery. Look for missing entries, handwritten corrections, scale adjustments and notes on contamination or mix-ups. Ask what happens when a customer complains.
Ask how recipes and customer formulas are stored, and who knows them. If the know-how sits with one person, ask how it would be passed on. Equipment financing or leases may also matter, so ask your lawyer to check what is attached to the plant. Ask also how the mill handles a mistake, such as a wrong ingredient or a mislabelled bag. A calm, practised answer is reassuring.
Key takeaways
- Watch a batch being made and trace it through the paperwork, from recipe to delivery.
- Ask a millwright to check mixers, scales and motors for wear, and to comment on dust control.
- Find out who holds the recipes and how complaints are handled.
- Ask how the mill handles a mix-up, and who is told when one happens.
Related reading
12 pages on the same subject, grouped by topic.
Buying
- Expert answerHow do I check a hardware store’s key-cutting and paint-mixing equipment?
- Expert answerHow can I tell if a record store for sale makes money?
- Expert answerHow do I find a record store for sale?
- Expert answerShould I buy an existing record store or open one?
- Expert answerIs buying a home health equipment store different from buying a home care agency?
Due diligence
Selling
- Expert answerHow do I document my food plant’s batch records and production procedures for a buyer?
- Expert answerWhat records should I prepare before selling my liquor store?
- Expert answerHow do I keep my farm’s equipment records ready for a buyer to review?
- Expert answerHow do I prepare my orchard’s equipment list and maintenance records for a buyer?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.