Why invest in agricultural business (Agri-business)?
Most
people are reluctant to invest in agriculture actually they don’t even consider
it. Researches show that most people particularly youth view a person who has
gone into agriculture as a failure and consider going for agriculture when they
have missed other opportunities. On contrary agriculture as a business is one
of fascinating opportunity to an entrepreneur and this is what you are about to
find out in this article. Even those who do agriculture do not do it for
business but just a party time job.
Reassured
market
With more than 7 billion still the world
population is increasing daily, taking
case of Tanzania, the census of 2012
revealed that the population of Tanzania is about forty four million (44 million)
which is a significant growth from twelve million (12 million) people back in
1967, the population in 2012 is thrice the population of 1967. Even the bigger
fact is this people need to eat to live. These facts can be interpreted as
increasing demand for food. You can be surprised to learn that the country as
blessed with good climatic condition (country near equator), with plenty of
arable land still is not self sufficiency when it comes to food. For an
entrepreneur this presents an opportunity and reassurance of market.
·
Low
investment high return
Agricultural business is one of business
in which you can invest and expects a very fast return in capital and
substantial profit take case of short term plants such as 3 months maize, 3
months watermelon project, layers as broilers just in a short period of time
you can invest and you return your capital. This in turn allows you to have
several circulations in a year alone.
Yes this comes with increased level of
risk but with increased level of technology the risk can be minimized highly.
·
Increased
technology, minimized risk
Over time agriculture has evolved with
technology which has lead to minimization of risks. Now you don’t need to farm
depending on weather condition such as rain as matter of fact you can not only
control the condition of production but you can also create the condition you
need for growth of agriculture product. Think about the use of greenhouses,
modern irrigation farming, soil treatment, animal and birds’ vaccination, feeds
and many other technological advancement makes agriculture even more profitable
and suitable.
· Potential value addition
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packed fresh tomatoes |
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processed tomato products |
There is potential chance of increasing
the value of food (agricultural products) up to 15% of the original value
simply you can add value to agricultural products, rather than selling fresh
raw products as obtained in the farm, by adding value by things such as
packaging, processing, storing/preserving, transporting to a different market
you can actually add up to 15% value to your products
Of
course those are few among many reasons as to why you should make agriculture
your business, on my next article I will be exploring some opportunities in
agribusiness, you won’t like missing it, agriculture is not all about going to
the fields to farm there is a lot more stay tuned.
learn about different agro Technics Water melon farm practices,Onion best practices,Tomato
learn about different agro Technics Water melon farm practices,Onion best practices,Tomato
By
Engineer Octavian Justine Lasway
CEO; Green Agriculture
1 comments:
Even those who do agriculture do not do it for business but just a party time job.Annual Reports
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