Five agri business ideas which require minimal startup Part 1

Making money from an agricultural enterprise requires some experience in developing the enterprise. Before you decide on an idea, create a business plan that includes research on market demand for the products you grow and how to get them to the market. You’ll also need a proper financing plan, as most agricultural businesses require access to large area of land and farm equipment to get started. Below are five agri business ideas which can help those entrepreneurs in deciding their preferred business to start with and make money from within a very short period.

1.    Livestock Feed Production

A lot of people are going into livestock farming like fish farming, pig farming, poultry farming and a whole lot of others. As a smart investor, you can start producing feed for people to feed their animals. However, you must ensure that you carry out a lot of research and come up with a product that is rich in nutrients and would promote quick growth and good health of the animals. To start a livestock feed production business, you will need a grinding machine, mixing machine, weighing machine, customised packing bags and raw materials for production.

2.    Agricultural Equipment leasing  

With the increase in people going into the agricultural business, you can make money from hiring out equipment like tractors, ploughs, sprayers, harvesters and irrigation machines to farmer.

3.    Groundnut Processing  

Groundnut is a popular snack that is loved by very many people. Very little effort goes into frying and packaging groundnuts for sale and distribution. With as little as P2000, you can start your own groundnut processing and packaging business. You can do this from the comfort of your home. If you can start your own groundnut farm, you will get access to groundnuts cheaply but if you don’t have a space for groundnut farming, you can still get cheap raw groundnuts from farm markets.

4.    Fertiliser Distribution Business  

Fertiliser distribution business  is one of the profitable agriculture business ideas one can start with moderate capital investment

5.    Poultry and meat production and packaging.

There is the general belief that manually packaged meat or poultry are not too hygienic because of the way they might have been handled. A lot of people are now making good money from machine processed and packaged meat. There will be a continuation of this article on the next blog post next week. Source: Various Internet Articles.