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Agrobusiness: What You Need To Know - Investment - Nairaland

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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
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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