Business Ideas In Agriculture For Young Entrepreneurs
Business ideas in Agriculture for Young Entrepreneurs is a free article. Intuitively, what are the best agricultural business ideas for villages? What are the best agro-allied business opportunities for big towns and mega cities? Likewise, what business can one start in the agriculture industry and succeed? This article will put these questions to rest.
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Firstly, Do you know that Agricultural businesses are the most lucrative businesses in the world? Apart from the low-cost of start up and running the business. Agricultural businesses turn out a huge profit of up to 100%. With the increase in unemployment, young people are now embracing agriculture. Often seen as a business for the poor.
The trending challenge and impact of rural-urban migration have continued to generate great debates since the last three decades. Urban employment problems are a result of the phenomenal growth in urbanization. The inability of these urban centers to utilize or absorb the urban labor. Intuivetively, urbanization has created this.
Similarly, approximately 50% of Nigerians are urban dwellers. At least 24 cities have populations of more than 100,000. Those moving from rural to urban areas constitute certain classes, categories and strata of the society that are basically plagued with certain social and economic problems in which poverty ranks highest and most fundamental.
Lastly, Agricultural businesses must times are started with little or no training. You do not need a special degree to start. Though, you may need to spend some time learning about the intricacies of the business. So without wasting your time. This article will highlight in details, some lucrative business ideas and opportunities you can engage in in towns or villages. Intuitively, is better, rather than been unemployed. Some are;
1. Urban Agriculture or Crop Cultivation
Intuitively, urban agriculture is the practice of cultivating, processing and distributing food in, or around, a village, town or city. Likewise, urban agriculture in addition can also involve animal husbandry, aquaculture, agro-forestry and horticulture. Urban agriculture contributes to food security and food safety in two ways. Firstly, it increases the amount of food available to people living in cities. Secondly, it allows fresh vegetables and fruits and meat products to be made available to urban consumers. Lastly, Urban and peri-urban agriculture are generally seen as sustainable agriculture.
2. Rabbit Rearing
Furthermore, there is no law prohibiting the keeping of rabbits in Towns and Cities. A backyard can serve as a good source of additional income. food and employment; thus reducing poverty, hunger and idleness. Rabbit do not compete with humans for food. As kitchen leftovers, cut grasses and formulated or compounded feed can sustain them. Rabbit keeping does not require much capital for investment and maintenance. As little space is needed, most rabbits could be kept in the backyard or in the abandoned sheds.
3. Start Selling Fresh Fruits
Start selling Fresh Fruit today with litlle income. With a little professionalism and good public appearance or hygiene. You can make money in this business. This is because, most persons likes eating fresh fruits especially if it is neat. Some people even prefer it served chilled.
So if you have blenders and an extractor, then you are bound to make a lot of money. A lot of people are tired of all these artificial juices in the market. They will pay and still thank you for giving them the natural source of vitamins. Which is needed in this age of fast foods and artificial flavors.
4. Foodstuff Retailing or Grocery Service
In today’s busy and sophisticated world, convenience has become a real business opportunity. Foodstuff like rice, beans yams plantain, potatoes, onions, pepper, oil etc. These items can bought in bulk, cleaned and packaged in specific portions and sold direct to end users. Many people who are unable to find time to shop will be relieved to know that they can just make a phone call and the groceries are delivered. Get a list of people you know who may patronize you. If you can get them to pay up-front, then you are better up with cash flow.
5. Fish Farming
Over the years, quite a few people have made fortunes from fish farming, as the population is swelling and protein needs are far outstripping the available supply. Food is always a winner in any country or environment if done well. Fish farming is a sure bet business if you put the right structures in place. More and more people are turning to fish for its low cholesterol protein.
All you need to do is to get a space, buy or construct tanks, buy finger links for between N10 to N20 and feed them for 4 to 6 months, then sell from between N500 to N1,500 depending on weight and size. The breed of fish to train is your choice to make. You can choose to specialize on Catfish, Tilapia, Trout, Salmon, etc.
6. Herbs, Flowers Framing and Gardening
Walking through a grocery store, a herb store, a health food store and even in gardening sections of home centers, you will find herbs in their dry forms to be used by consumers. Using the right equipment in your home garage or shed or by building a green house, you can start and raise both herbs and plants to resell to larger outlets and to the consumer as well.
Furthermore, Plants are the basis for all landscapes, homes, gardens and even for brightening offices. You will pay pennies for packets of seeds and make way more when selling starter plants. The more space you have, the better you are going to do. If you really have the space in your landscape and outdoor garden, creating gardens where you will grow plants and drying them out will add so much to your inventory and you can make great amounts of money selling dried flowers to retailers, wholesalers and even to flower shops themselves.
7. Livestock Feed Production
To start a livestock feed production business, you will need a grinding machine, mixing machine, weighing machine, customized packing bags and raw materials for production. Raw materials might cost you about $1,000 while the machines are purchased for about $9,000.
The production process is not so difficult. The ingredients required are mainly, maize, soya beans, fish bone, sorghum, groundnut, blood meal, wheat, rice shaft, additives etc. All these are sourced from the market, any animal consult outlet, or any agricultural product shop around.
8. Setup a Small Poultry Farm
Technology has enabled many to operate profitable poultry, yet make it free of odor that a neighbor next door will not know you operate a poultry farm. This is a business you can start from one room, car park or from that abandoned property near you with 50 to 500 birds, which cost between N100,000 to N500,000 depending on the cash at hand.
9. Mushroom Farming
Likewise, Mushrooms are natural phenomenon that can give you much money. The untapped potential of these fungi is so much that if you invest on the venture, your room can no longer be your bank. Mushrooms are rich in vitamins, protein and minerals; they are favored over meat or even fish by some people, considering the nutritional value and superior health implications. Intuitively, there are two main broad categories of mushrooms; the edible and the non-edible (which is poisonous).
The deliberate mushroom cultivation is therefore essential to eliminate the imminent threat of mistakenly gathering the dangerous type. The start-up requirement are mushroom shed or house, sawdust, Polythene bags, Spawns/mushrooms seeds, Urea/nitrogen fertilizer, Lime, water, ceiling machine, weighing scale, extra hands, Refrigerator.
Mushroom farming is similar to quail egg farming and not many people know that this business brings up to 500% profit. If you have a clean space in your home, you can start your own mushroom farming business today and start selling mushrooms to hotels, exporters and pharmaceutical companies in the next 21 days.
10. Frozen Chicken Production
Intuitively, Lots of persons go in for frozen Chicken. This is because, it is fast to get. There is no need for slaghtering and cleaning. Chicken business sells everyday.
Furthermore, frozen chicken can easily be stored and used at will, thereby saving time; and many people think it is cheap too. Start-up requirement are space, knives, tables, basins, heat source, stove heater, soap, hand towel, extra hands, freezer and generator .You need to go directly to the chicken farms to source for your live birds cheaply You can also position yourself to supply small hotels, restaurants and eateries.
11. Grass cutter Farming
Firstly, Grass cutter is the second largest rodent in Nigeria and it is endemic to Africa. It breeds successfully in captivity and is capable of reproducing twice a year with litter size varying from two to six. They are primarily vegetarian and can be raised to maturity entirely on fresh grasses. They prefer plants with high moisture content and soluble carbohydrate. Field studies reveal that they do not burrow so they may be caged or reared in a fenced pen on the ground.
Furthermore, Grass cutter is worth considering for use in husbandry. Especially in the humid forest. Where poor grazing and harsh environment limits the performance of conventional livestock. Similarly, Ranching of grass cutter as a backyard mini livestock would therefore improve the lot of the peasant farmers. Intuitively, it provides an alternative source of animal protein, create job opportunities for urban dwellers.
12. Buy Charcoal from the rural areas and resell in the cities
Do you know that you can make 100% profit if you buy your charcoal from the farm or production site and sell to the retailers; a bag of charcoal (32 to 35kg bag) is being sold for N450 to N550 from the farm, while the retailers sell to the final consumer at N1000 to N1,5000 per bag. All you need to do is to buy the charcoal from the farmers and bring it down to the major cities like Lagos, Abuja and Port Harcourt and resell to the retailers.
But it is advisable to find out if they have an association in your vicinity, joining the association will allow you to operate with peace of mind. Alternatively you can sell to exporters as a large market exists in EU, USA and ASIA with prices ranging from $170 to $300 per ton (FOB Nigerian Port), depending on mode of packaging. The charcoal industry is a multi-billion dollar industry and a money spinner for interested investors.
13. Snail Farming
Similarly, Snail meat has been severally affirmed as a most safe and nutritious delicacy. In these days of increased coronary implications and other health implications. Snail producers are certain to hit it big. This is because, many people are shunning away from beef or red meat. Intuitively, Starting snail farming is cheap and easy. Start up on today!
The best period to commence snail farming is the rainy season. Intuitively, you can start about 50 to 60 snails to have a good knowledge of how snail breeding works. Make sure you go for a fully matured and big snails. As they are sold in bunches of 20 pieces. Similarly, the prices ranges from N1,800 and N3,000 per bunch. It is better to buy the big ones so that you can expect them to hatch after 35 days on location. About N10,000 should get a new entrant started in the business
14. Coconut Juice Production
From fresh chunks of meat to milk, creams, and powders, the flavor of coconut is a distinctive addition to hundreds of sweet and savory recipes. If properly packaged roasted and sliced to pieces with sugar, you can sell for between N20 to N100 depending on the quantity and the level of packaging.
You can make good money buy selling in wholesale to retail outlets and supermarket, but make sure your product is well branded, with your company’s name and contact. With a good marketing plan, you are sure to make a lot of money with this business.
15. Production of Weed Killer
Another major problem confronting every farmer in Africa, especially in Nigeria, is the problem of getting rid all the unwanted crops (weeds) from the farm, which successfully compete with crops and exhaust the soil nutrients. The cost of weeding takes between 50 –60% of the total cost of farming but the good new here is that, there is a formulation of chemicals which is crop and environment friendly.
Herbicides market is a virgin in Nigeria- meaning that if an investor produces 20-30 tonnes daily, he will still sell all. No single investor can meet the herbicide demand in Northern Nigeria alone, not to talk of other zones.
16. BeeKeeping and Honey Production
Honey is manufactured in one of the world’s most efficient factories, the Beehive. Bees may travel as far as 55,000 miles and visit more than two million flowers to gather enough nectar to make just a pound of honey. A litre of pure honey now goes for between N1000 to N2000.
You can sell your Honey to high net-worth individual, busy executives who prefer to take pure honey than sugar, I know some honey dealers who are ready to give out their honey at a ridiculously low prices, all you need to do is to package it for the local or international market.
17. Roasted and Toasted Plantain (Dodo and Boli)
Only few Nigerian have realized the money-spinning prowess of this delicious delicacy, and if properly packaged, with a good marketing strategy put in place, you are sure to make a lot of money. It is popular among the working class as a quick mid-day meal.
18. Plantain Chips Production
After removing skin, unripe fruit are sliced (1 or 2 mm thick) and fried in boiling oil, to produce chips. Plantain Chips’ if they are made of green plantains that taste starchy like potato chips. Just make sure you put your label. Furthermore, the more you produce, the more money you make. this is because, majority of Nigerian love plantain chips.
19. Custard Manufacturing
In Africa, almost every ethnic group makes a different variety of food out of corn. In Nigerian cities, people are used to what is called Ogi, Akamu (pap); this is cornstarch. When the Europeans came, they came with what they called Custard. But it was later found out that the only difference is the coloring and flavor that was added to the corn. It is very easy to produce custards. You can package it in sachets. It is very easy to market also, particularly in big towns and cities where people are used to modern life.
20. Local drinks or Dry Gin Production
A lot of villagers has come to the city and still love to take local drinks, if well packaged, and accessible, you can start making money by selling to some beer palour, while Ogogoro can be supplied to some companies that uses this product as one of their raw materials
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