5 BUSINESS IDEAS IN AGRICULTURE FOR YOUNG ENTREPRENEURS (PART 5)
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 which was erstwhile considered a dirty business reserved only for the poor.
Agricultural businesses can be 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 rather than remaining unemployed.
• Export Agricultural product from the rural area
Agricultural export trading guarantees good returns on capital on almost monthly basis. Exporting fruits , vegetables and animal products enable you earn good returns on investment. It might interest you to know that the gap between you and the millions of money waiting for you in this business is nothing but the “basic understanding of an export business process.”
Understanding the fundamentals of an export business process especially as it concerns securing a genuine export order or contract with a well secured method of payment is the basic requirement in this business, and then you are on your way to making unimaginable loads of money.
You can also become an export broker which is one of the easiest and most rewarding ways any prospecting exporter can raise money to go into full time export business. Starting from a little or no capital, an export broker could earn large “finders fee” with absolutely unlimited income.
• Source for agro raw materials for urban manufacturing companies
Most of the raw materials being used by the industry in our urban centers are sourced from the rural areas, you too can be part of this opportunity by locating a manufacturing companies and start supplying them with raw materials based on their specification and quality. Approach the personnel in charge to provide you with appropriate information on how to be their supplier.
• Help the Ghanaian rural farmers who deal in foodstuffs to export it to the foreign countries
Our foodstuffs are very cheap in the rural areas, you can bring this food stuff to the cites and tap into the local and the international market. Foodstuffs like smoked fish, gari, beans flour, melon seed (egusi ground), cassava flour, pepper, tomato paste. hot chilli Pepper, ground nut , kolanut, ginger ,cassava, yam, catfish, shrimps and so on. You can bring some of these food items to the markets in the urban centers, you can also sell to some food stuff exporters who are looking forwards to buy at ridiculously low prices.
• Start connecting rural farmers with exporters using the internet
Can you browse the internet very well , can you chat online? If yes, then I want to congratulate you because you can connect the agro farmers in the rural areas with Ghanaian exporters and earn a commission. A lot of exporters find it very difficult to get their desired agro product at the right quality and quantity, you can do this for them and name your price. You can also join some online trade portals, secure a contract, sell the contract and charge an appropriate commission.
• Flour milling
You can start your own flour milling business and start converting grains like wheat, corns, millet and cassava into flour. Wheat flour is a product that is in high demand in the baking industry. Flour milling is something you can do from the convenience of your home if you have a small space that you can mark out for it. If you do not have space within your home, you can rent a small space and start from there and as your business expands, you can opt for a larger space.
You can easily get wheat, corns, millet or cassava from local farmers, then learn how to process it and make it into flour. Some of the procedures include cleaning, grading and separation, tempering and then grinding the wheat. The cost of setting up a small flour mill business is between $700 and $1000.
For more information on agribusiness opportunities contact Greenroot ltd .We have affordable lands that Aburi Amanfo , Asutware Junction and Kwaomoso that are suitable for estate (building ) , livestock and crop production . There is access to water, electricity and tarred road. We give you free site plan and indenture