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Agrobusiness: What You Need To Know by dav8id(m): 12:07am On Jun 09, 2015 |
Whatever starting big most have small starting. If you ask the successful Agro traders that are really making it big in agro business, they will attest the fact that, the road to their making was never an easy move. Getting the right path on how to become a successful agro trader is very essential if you wish to become one. Now who really is an agro trader? In short definition, Agro trader is an individual who prefer hand dirty business by involving in buying and selling of agriculture produces. Agro trader runs a business of buying and selling of agro products and assume all risks and rewards of a agro business is worth it. An agro trader must have the ability to manage, develop and organize his business with any of its risk in order to make profit. Most people do not make a success in agro business because of their Avoidance in calculating risk taking and that have been their major stake back in agro business. As a starter of agro business or agro trader, you need not to bother or disturb about whether you will fail .To Fail will not be an option only if you stick to the rule, Below are some few tips that will prove very useful to you before you get started as agro trader: Can You Succeed: Successful Agro trader always plan for the growth of their business, Lot of people remain stick to their paid job because the fair to fail is their hour of the day. With that reason, they get certified with peanut that their employers pay to them as wages or salaries. Agro Trader succeeds because of nothing rather than willingness to succeed in any factor and how hard it might be. As an agro trader you need to kill the challenges and failures, You should always see opportunities where others people see obstacles and stand by it. Your idea should be Unique: To succeed as an Agro trader, you need to watch out at others people that are also into agro trading and figure out what they are truly lacking. You have to think outside the box and always note that The more your idea is unique the more your chances of making it as an agro trader. Let assume the idea of agro trading or agro business you want to sell is not a new one, you can still make it unique by adding an extra service that suppose to be another service on his own as a bonus and by doing that, you will enable go ahead of your competitors. Since the market is much more big enough, this tips will give you better chance to make it much more than your competitors. An insight of a good agro business is where an you created idea or long see things in a different direction in a field of agro business in a style others do not see it. In a environment of full of competition,that is the secret of agro business success. Get you Business Plan drafted Remember to plan before go into any business venture not just agro business. Even if you have a great agro business idea, it will never be effective enough unless if you draft it and make sure put it in writing. It is crucial you should draft a good business plan. There is no long cut or short cut rule on how to do it or get it done. Whatever plan you are to setup you most have to put in consideration some factors that included your targeted market, the cost of carry out the business or service you want to offer and how you will source fund for your business to growth. Also remember to include the following: details and descriptions, realistically, product/service evaluate. Focus to Your Plan: Never stay off on your plan ,instead push harder until you reach your target. Talk to Others agro traders That Are Already Successful: There are some agro traders are already making it big or make it big from small starting. let assume they did not make it big by means of chance or mistake, it is advisable you seek their opinions much in time when you meet with difficulties, Learn from the mistakes they made while starting their journey of as agro traders and avoid making similar mistakes they do. Try get lot of viewpoint and Compare them and see which give the best,this is very important if you are investing in capital intensive project. Don't start agro business just because you see the return is very attractive . Choose what you prefer to do, what you desire and find easy doing,what you can get access to easily. Business built on basis of your strength and skills have greater chances of success instead of starting on the basis of affection for making money. Talking to others agro traders will help you discover what propelled them to business and how they managed crisis. Flexibility And Persistence: Every agro trader most be agile in order to get it done. You have to continually team and adapt as new information is available. At the same time you have to remain persistent to the cause and mission of your enterprise. Successful Agro trader find the balance between listening to that voice and staying persistent in driving for success. You most implore Hard-Work: We all know there is no such things as overnight success. Behind every overnight success lies years of hard work and sweat. People with luck will tell you there is no easy way to achieve success and that luck comes for does who work hard. Successful Agro trader always give 100 percent of their efforts to everything they do. If you know you are giving your best you will never have a cause to regrets. keep your focus on things you can control. Be Good At Marketing Your Products And Services : Here u should know how to sell your products and again ask yourself what kind of product do you want to display? Your product marketing, how will the packaging looks like? Also, another vital thing is where will your product sell. NB>>>COPYRIGHT PROTECTED<<{Dont Copyany part of this writeup} Source : http://davidprof.com/blog/agro-business-investing-in-agriculture/ For more on investment in agriculture visit http://davidprof.com/blog/melon-egusi-storage-business-the-most-and-profitable-investment/ |
Re: Agrobusiness: What You Need To Know by dav8id(m): 12:09am On Jun 09, 2015 |
To read more on agro business visit http://davidprof.com/blog/melon-egusi-storage-business-the-most-and-profitable-investment/ |
Re: Agrobusiness: What You Need To Know by Ltrust(m): 3:53am On Aug 25, 2016 |
Business opportunities abound in agricultural commodity processing. You can process sheanut to crude sheabutter and even further to refined sheabutter. There is already market for processed sheabutter in Nigeria and European countries.The raw material is sheanut and it is abundant in states of Kwara, niger, oyo and kebbi states. Locating your production plant closer to the shea states will be a comparative advantage. Return on investment is over 80%. Extraction rate is about 34%. Note that one(1) Metric ton of sheanut(raw material) goes for N60,000 while crude processed sheabutter is N300,000 per ton. Investing in shea processing business either in small scale, medium or large scale will not just be very profitable but a wise investment./07033097160. |
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