8 Profitable Agriculture Small Farm Ideas [Thread]
Farming does not have to be at large scale, with a space in the backyard one can start successful business. The following are types of farming one can start:
1. Dual Crop Farming
Dual crop farming or multiple cropping can be either mixed cropping or intercropping. Mixed cropping refers to raising two or more types of crops in the same area while intercropping is raising different crops in close proximity.
2. Tree Nursery
A tree nursery can be a great investment when done right. Most farmers start with 10 to 20 seedlings in a small acre, and with right marketing strategy, they would have the baby trees sold out before they mature. You can buy small trees or raise them from scratch.
3. Fish Farming
Fish farming is an ideal business idea for investors with available land, and it doesn’t always require a body of water. You can start a fish farm either by creating fish ponds or investing in fish tanks; it’s a highly scalable business idea.
Once you have the proper knowledge of fish raising, you will be able to decide the type of fish to raise. The decision as to which fish you want to raise will ultimately rely on your skill, financial capacity, market demand, and agro-climatic condition.
4. Herb Gardening
People are now more conscious of what they put in their food and appreciate how these plants contribute to a better dining experience.When starting your own herb garden,make sure to emphasize variety and choose the ones that are in demand so they’re easy to sell
You can start an herb business with small roadside sales from your backyard, selling herbs that you cut, the plants, seeds, or all three. You can also sell the plants and seeds online.
5. Bee Farming
Apiculture or beekeeping often starts as a hobby, and the capital needed to begin is quite low. Bee pollen and royal jelly are considered superfoods and are sold at a high price. You only need a small area in your backyard but you still have to check with your
local government unit first to see if they allow beekeeping in your area.
Beginner bee farmers are encouraged to purchase a nucleus hive as it helps them learn the basics of beekeeping and nurture its growth. You will also need equipment such as protective gear etc
6. Aquaponics
Aquaponics is a farming method that combines aquaculture (raising aquatic animals) with hydroponics (cultivating plants in water). This means farmers produce crops without requiring as much water or land area.
It translates to a lower investment cost and more potential for profit as it’s known to produce crops faster and in greater volume. Experts advise beginners to start small and expand as they learn how to maximize their production.
7. Microgreens Farming
Microgreens are young vegetables or baby plants that are around 10-14 days old and 1 to 3 inches tall. They are the small edible vegetables that restaurants use as garnishing for a dish or serve in a salad.
You’ll find that they’re in high demand; customers like their visual appeal and health benefits. Beginner farmers should consider this business, because microgreens are easy to grow, turnaround time is high, and it requires little investment to start.
8. Hydroponic Farming
Hydroponics is the process of growing crops with nutrient-rich water kept in contact with the plant roots instead of using soil. This process significantly reduces the risk of wastage and pollution that can harm the produce and cause diseases,
making it popular to health-conscious consumers. Like aquaponics, the minimal use of land area needed also makes hydroponics a low-cost investment while increasing the growth rate of plants to 25% of a well-designed garden; this means you will have more products available to sell
There are different hydroponic systems farmers can learn and try:
Static: Plants are grown in tubs or plastic buckets. Water may be unaerated or only gently aerated (water infused with gas).
Continuous flow: The nutrient-rich water solution constantly flows past the roots,
so plants can absorb oxygen better.
Aeroponics: Plant roots are only misted with nutrient solution instead of submerged in liquid.
Ebb and flow: Plants are flooded with water and then drained several times a day.
While Hydroponics seems like an easy business to try, take your time analyzing your options and learning about hydroponics from experts before you start your own.
Take time to research before starting any of the farming
*Source: FitSmallBusiness
Different types of Company shares: Ordinary Shares versus Preference Shares
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The Companies Act 71 of 2008 (“the Act”) provides for the authorisation and issue of various classes of shares by a company. Although shares can hold many different descriptions, shares can be basically divided into two categories, namely ordinary shares and preference shares.
Various different rights and obligations are attached to these categories of shares,from voting rights,preferential status related to payment of dividends and return of capital as well as obligation to comply with the provisions of a company’s memorandum of incorporation or “MOI”
17 Best Small Business Opportunities in South Africa
South Africa is the second-largest economy in Africa and is ranked as an upper-middle-income economy by the World Bank. Growing and sizeable African middle class, establishing political environment, a good number of expatriates, and abundance of
natural resources altogether make South Africa one of the best countries in Africa for small business startup.
There are numerous small business opportunities in South Africa that can be started on either a low budget and even with no cost at all.
List of 13 Funders/Investors on Start-ups and established Businesses
As the amount of money investors are channeling into Africa grows, consider approaching both local and international investors for your company than looking into Government Agencies and Banks only
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Before you approach
Before approaching investors educate yourself in, at least, investment basics. Understand that they want to see how your business is going to make them money, especially if you want to exchange investment for debt rather than equity.
Goodwell Investments @GoodwellInvest
An Amsterdam based investment fund that offers microfinance and startup funding for African SMMEs. It also offers entrepreneurs’ assistance strategy, planning, fundraising, governance and reporting.
Link: goodwell.nl
Money, moola, cash, dough, bucks … call it what you want, we could all use a little more of it around this time of year. But how? One way to stretch your rands is to spend less of them. Start thinking like a saver today. Here are 21 ways to save money to get you started.
1. Eat in
Keep a healthy snack with you, skip takeaways and swap restaurants for small, home-based dinners with friends and family and try to support local where possible.
2. Don’t skip breakfast
A healthy breakfast fills you up with energy for the day. This will stop you from
Key Differences Between Funeral Cover And Life (Cover) Insurance
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For so many people, things can get a little bit confusing when it comes to knowing the differences between Life Insurance and Funeral Cover. Where does the one begin and the other end? Here's everything you'll ever need to know.
Here's the simple explanation:
Funeral Insurance will cover many, if not all of the costs leading up to, and including, a funeral and the burial or cremation. Life Insurance, on the other hand, takes care of the people you leave behind after passing away.
Step by Step Guide how to Buy shares on the JSE ( Johannesburg Stock Exchange )
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Step 1: Finding the right share to buy
Buying shares isn’t simply a random process. You’ll have to do some solid research to determine which are the best JSE shares to buy at the specific time you’re looking to enter into the stock market.
Take note that you can’t independently buy shares – you have to find a registered stockbroker who will purchase them on your behalf. But before you get to that stage, it’s essential to gain an understanding of the workings of stock market and the process of buying shares on JSE.