The following are profitable agricultural business you can venture into without owing a farm.
1. Manure Business
Manure, a valuable byproduct of animal farming, is rich in nutrients and organic matter, making it an excellent fertilizer for crop production. Starting a manure-selling business presents an opportunity to not only generate revenue but also contribute to sustainable agriculture practices.
Manure contains essential nutrients like nitrogen, phosphorus, and potassium, along with organic matter that improves soil fertility, structure, and moisture retention. Its application enhances plant growth, promotes soil health, and reduces the reliance on synthetic fertilizers. By selling manure, you can provide farmers and gardeners with an organic and sustainable alternative to chemical fertilizers.
2. Farm produce warehousing
Nigeria is blessed with abundant food grain production but it has the problem of storing them. Most farmers in the rural areas produce in large quantities but they end up selling cheap to middlemen because they cannot store their produce for a long time. Warehousing presents an opportunity to solve this problem. As a warehouse owner, you can buy directly from farmers and store then sell during peak period.
3. Seed production
Seed production is the process of cultivating, harvesting, and processing seeds for planting. High-quality seeds are essential for ensuring crop uniformity, disease resistance, improved yields, and overall agricultural productivity.
Seed production plays a crucial role in agriculture, serving as the foundation for crop cultivation and food production. As the demand for high-quality seeds increases, the seed production business presents a promising opportunity for entrepreneurs.
4. Fertilizer distribution
Fertilizer is a crop booster for all farmers. Likewise, it may be scarce sometimes, because, it is mostly distributed by Government regulations in Nigeria.
The step-by-step guide to starting a fertilizer business is as follows:
First step in distributing your fertilizers is to find suppliers willing to do business at a suitable price in your area.
Furthermore, Obtain quality products at a reasonable price from a reliable source.
You can go for import also in the case of bulk purchase.
In fertilizer distribution business, the source you choose will depend on your start up budget.
Also, stored fertilizers disintegrate itself with any other component in dry conditions. Extra care needs to be given to keep the floor damp free. Provide wooden pallets to keep the drums or bags off the floor.
Similarly, how you distribute your products and deliver your services can affect your cost and your client satisfaction.
Finally, arrange appropriate transport facility before supplies are made for convenience.
Farmer’s confidence and trust towards your products are the main criteria for getting success in fertilizer distribution business.
Also, to make your fertilizer distribution business a profitable venture it requires a strong dealer network.
Contact the dealers and retailers in your area and let them know how you will give them better product on a better price and better schemes than their current distributors.
5. Egg distribution
Egg supply business also known as egg distribution business involves the sourcing and supply of eggs to individuals, supermarkets, hotels, shops and companies. It is a very lucrative business that anyone can start to make massive profit. The business is not very capital intensive but very rewarding.
For you to make success in buying and selling eggs there are some tips to put into consideration and here are some of the advice you need for your egg supply business.
⦁ Be mobile: Having a vehicle will make it easy to distribute your eggs to retailers that cannot do to the farm to buy.
⦁ Know your target market: Picking up eggs from farms is not a problem, your target market is what matters to you. Your target should be the highly populated environment. It could market anywhere, the mobility aspect makes you spread your distribution process all around. Once you know where and to whom to distribute your eggs, you will only need to go there directly.
⦁ Empty crate: you can get paper or plastic empty crate, but plastic is preferable because of durability.
