It's actually very profitable here with the way my country's economy is going right now. The labour isn't that intense for a hard-working business man/ farmer, and the revenue you would generate from it is worth the effortsI agree with the fact that agriculture business is profitable but I don't think it's the most profitable business now. Agriculture business requires a lot of work and you need to spend a lot of money on labour and probably pest and disease in order to gain quality products.
The startup capital isn't that high because anyone who wants to go into agricultural business should atleast have a large expanse of land or a place to breed animals. So he should be more worried about maintenance cost especially in animal farmingThe agricultural sector is very lucrative and you can make a whole lot of money provided you do the right things. Firstly, you need to purchase land then you need to pick the niche you want to go into whether it is poultry farming or cassava farming, etc. You also need enough capital because it requires a lot of capital.
Yeah, but in a situation where the person does not have enough land then capital is definitely needed and important. Mechanized agriculture requires a lot of money and it is very profitable.The startup capital isn't that high because anyone who wants to go into agricultural business should atleast have a large expanse of land or a place to breed animals. So he should be more worried about maintenance cost especially in animal farming
Yeah, if the anticipating farmer doesn't have enough expanse of land then he is sure to go get one which will add to the amount of capital needed. But most people who wants to go into agricultural business do lands especially if it's vegetable/crop farmingYeah, but in a situation where the person does not have enough land then capital is definitely needed and important. Mechanized agriculture requires a lot of money and it is very profitable.
Exactly! This is a sector that requires adequate capital to see good result at the end. The one i couldn't invest much later made me low profitThis is a sector that needs to be invested in now but one needs good capital as well. Agriculture is capital intensive. So investing with the best knowledge of it is needed
There are really many aspects of agriculture one can take advantage of, not only the act of cultivation of crop but also the rearing of love stock animals. The both are agricultural businesses and are quite lucrativeThere are so many aspects of agriculture that you can definitely take advantage of. If you want to start a farm then you definitely have to get a piece of land. You should ensure that the land is fertile and it can be located very close to a marketplace or to water.
You're right about that. Agricultural businesses is capital intensive especially for those going into the large scale type of agricultural business, but the capital won't cost much if it's a small scale oneThis is a sector that needs to be invested in now but one needs good capital as well. Agriculture is capital intensive. So investing with the best knowledge of it is needed
Yeah maybe one can just start small and grow from there. But having to go into Agriculture Is a good venture especially in my country that food is scarce nowYou're right about that. Agricultural businesses is capital intensive especially for those going into the large scale type of agricultural business, but the capital won't cost much if it's a small scale one
Going into agriculture actively would really require one to have his/her own land. That also requires them to have good agricultural skills or just hire skilled labour.How do you plan on going about this? Do you just want to invest or do you want to have your own farm where you can grow your products? You would need to purchase a Land if you do have one. Do you have any skills in agriculture?
That's true, having your own land would save you from the trouble of land issues. Most persons usually opt from hiring skilled workers at the early stage cause of the cost of paying this workers.Going into agriculture actively would really require one to have his/her own land. That also requires them to have good agricultural skills or just hire skilled labour.
I just begin my business at agriculture sector , I have bought a land and I am heading to take a loan from bank to buy another , I will buy some cows too for milk business .hi guys , i have some idea to grow a bussines which is in the agricultur sector, any of you here who have experiments in this field ?
i really want to have my own field of it , and make it online for the market
I fully agree with you that agriculture is the base of each country , there are many activités to get money from as poultry and farming .The agricultural sector is very lucrative and you can make a whole lot of money provided you do the right things. Firstly, you need to purchase land then you need to pick the niche you want to go into whether it is poultry farming or cassava farming, etc. You also need enough capital because it requires a lot of capital.
Yeah, I'm even planning to go into agriculture in the nearest future because it is a very lucrative venture. I need to get the needed funds first.I fully agree with you that agriculture is the base of each country , there are many activités to get money from as poultry and farming .
This is a very good step you have taken so far and of course you will reap the benefits in the nearest future. Cow rearing is a very lucrative venture in so many countries.I just begin my business at agriculture sector , I have bought a land and I am heading to take a loan from bank to buy another , I will buy some cows too for milk business .
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