Profitable Farming Business Ventures; Agriculture might neither seem like a profitable farming business venture nor appealing to the youth of today, but the modern agriculture has diversified into many lucrative areas . Contrary to popular belief agriculture is one of the best paying businesses and can be glamorous.
For starters the investment costs are relatively low, and the payout decent. With organic meals consumption becoming popular, the opportunities have grown manifold. Agriculture might actually prove to be a way of life, away from the cut-throat competition and stressful corporate life, for the driven youths who aren’t afraid to risk.
Agriculture business does not necessarily mean you have to get down to actual farming. Some of the suggestions and ideas we have for you can well be undertaken indoors and relate to the allied areas of agriculture. Most of can be undertaken with little or no training. Just some DIY guides and a keen interest can get you started. And, they might actually prove to be great avocations along with vocations.
Interested? Here is a list of 7 profitable farming business ventures for young entrepreneurs!
1. Transportation Business For Farmers
One of the challenges most farmers encounter is the lack of means of transportation to get their farm produce from their farms to the market. You can start a farm transport business to help farmers sort their transportation needs for a fee.
2. Livestock House Construction
Constructing poultry house, dairy farming cubicles and other such farming structures for use by farmers to rear their livestock.
3. Poultry equipment manufacturing
These are usually skilled artisans who construct various equipment needed on the poultry farm – welders, carpenters, electricians etc. You can learn the various specifications needed for the poultry equipment and you are in business.
4. Vermicompost-Organic Fertilizer Production
Vermicompost organic fertilizer production has now become a major component of agro-business models across the country with a very low initial investment. An entrepreneur can start this business with the proper know-how of the production process. Read More
5. Recruiting agency for Farmers
Most farmers suffer from a shortage of literate, low-level farm labor on their farms. An agency which helps farmers to easily and quickly recruit young, intelligent and literate labor for middle to long-term positions on their farms would be a huge hit.
6. Agricultural Equipment Rental
If you have the capital to purchase farming or agriculture equipment, you could start a business where you rent or lease that equipment out to farmers.
7. Fruit Juice and Jam Production
Fruit juice and jam production business has the huge market opportunity. An important factor is that the production process is simple and can be initiated on small-scale.
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