How You Can Make Money From Farming As An Entrepreneur
As an Entrepreneur, livestock farming or plantation agriculture is an aspect of agro-business that can guarantee comfortable income annually. You can make more money from farming business now that the rise in food prices and the increased demand for consumables have created viable opportunities in the agricultural sector.
It has been noted that farming incomes will rise dramatically in the next few decades, faster than those in most other industries because the present day economy does not need more bankers but more farmers.
There is a serious food problem in the world and the only real way to solve it is to get more entrepreneurs back to agriculture to create wealth and provide jobs for the unemployed. As it is, there is a possible renaissance in farm towns as the flow of money in agri-businesses will prompt farmers to seek new investment opportunities in companies
that will create uses for their crops, like biodegradable plastics, biofuels or similar agricultural products.
The end result of all this is more jobs and more money to be earned. This article has put together some important steps that will help you make enough money farming.
Create Your Niche Market
You can create a niche for yourself in the sale of a particular produce, you can sell organic produce and vegetables as well as hard-to-find varieties of edibles to local grocery stores.
You can also sell some of these produce to restaurants as fresh or canned products though you do not necessarily need to grow fruits and vegetables on farms, you can have a nursery where varieties of vegetables and other crops are planted.
When customers know that they can always get some selected produce from you, they will always patronise your farm thereby leading to increased returns and enough funds for you.
Provide Fresh Produce
There is opportunity for you to sell a fresh produce basket several times monthly as a subscription service which should be filled with variety of the fruits and vegetables you grow on your farm. You can charge your customers a percentage of the subscription fee up front and the balance in the middle of your growing or harvest season.
For more income, you can offer similar subscription service with fresh-cut flowers from your farm as well as other items of interest to your customers.
Provide Varieties Of Farm Produce
You can also increase your income as an entrepreneur by allowing your customers access to varieties of farm produce at specific prices. The prices of the produce should be affordable and the produce must be fresh and attractive. Some of the produce you could sell include vegetable, fruits and a few tuber crops.
You may offer customers free boxes or bags to use and carry their items to endear them to your agri-business.
Make Your Farm Produce Affordable
Making your farm produce affordable is a sure way to ensure success in your agricultural business. Quality and affordability of your farm produce will definitely attract buyers and prevent them from looking elsewhere for alternatives.
Improve Your Farming Skills
To ensure good yield of farm produce, you must put in the necessary efforts to grow and manage your produce profitably. You will need to know the current chemicals and fertilizers that will boost production and this of course requires a level of skill to do.
As another ways to improve your farm earnings, you could offer seasonal tours of your farm for a fee and you can as well include demonstration and food as part of the package.
Upgrade Your Farmland
You can attract more customers by upgrading your farmland as the customers will be eager to see the new things you are putting up in your farm and they will naturally want to gain from your experience. You can therefore use the opportunity to showcase your new products and make more money for your business.