Congratulations on your courageous decision! Hopefully you have identified / acquired the land which is no mean task itself…Do get good legal support in the process so that the transaction is clean and legal.
Once that is done, the easy part is out of the way. Coming from a corporate (industrial) background, you are no doubt concerned about getting a ‘proper’ project down on paper, with lots of numbers etc. I would like to caution you friend - this is the first pitfall for people like us trying to make the big transition. We are trained to think in money terms, view all problems in money equivalent and then obviously throw in hard earned money to ‘solve’ those problems. I know lots and lots of people, apart from myself , who ‘thought with their wallets’ and ended up spending lots of money.
I do not know whether you are reading up on the subject, but there is a lot of good literature which will help shape your perspective.
The first and most important question (as always) is ‘WHY’ - why are you getting into farming? What is your objective, purpose etc.? Is it simply a change of occupation? Is it a change of lifestyle? Is it a change in life’s direction itself? How deep is your passion and commitment? Would you have the patience to work hard, take risks, learn, fail and still wait for say 5-7 years before you see any kind of results? Or do you have a ‘definite time frame’ in mind for ‘getting return on investment’? The answers to such questions will perhaps decide WHAT, HOW, WHEN, WHO etc. etc.
Keep in touch. All the best!