Based on the current state of the economy and the spread of entrepreneurial culture, Start –up in agriculture are on the increase and there are no limit caps.
1) Experience in Animal and Plant Production Matters: Don’t go investing in something you know very little about, even when you read in blogs and newspapers or go to seminars and they tell you it is spinning gold. Its either you get very experienced managing personnel or trust me; you are out on experimentation.
2) Don’t start out large: If you don’t have highly trained and experienced managers for sections; don’t start out large. Even when you have these it is expected you start small. Agriculture is like nature; you have to go through the process. While it is said that you would always have a market for food products, you must consider your pricing and cost of production materials.
3) Understand your competitors in that sector of Production: Ask questions around, again and again. The feed, fertilizer or specie you want to use might be different from what others are using, that might explain why theirs is cheaper. You most know what others are using.
4) Everything is constantly evolving, Get current trends and information: Even animals and plant species are being changed, so don’t expect a breed from one area to do well in another area. Know the exact kind of breed you are rearing, keep in touch with recent information to know when methods are changing.
With these few tips, you are out on a successful agricultural venture.
These findings are not based only on theoretical research but also on my own reality and fact-checking.
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