Becoming an entrepreneur requires determination and a willingness to do the work. Whenever you are starting a small business, it can be hard to find something you are passionate about with a low maintainable cost. You don’t need a lot of money or space to start your own farm business. First things first when starting your own business, you need to come up with an idea to pursue it. Next, focus on your goals and how you will become successful. Who are your clients? How will you sell? Create a business plan and learn how to market. With these simple things, you will be able to get your business up and running in no time!
You don’t have to be a millionaire to start your own business. Every day people are looking for the opportunity to pursue independence! Here are three most profitable farm businesses you can start with low investment. Just to name a few, an Alpaca Farm, Urban Agriculture or Crop Cultivation, and Bee Keeping and Honey Production.
While the alpaca industry is still relatively young, alpacas are natives of the mountain regions of South America, living in Peru, Bolivia, and Chile. They are low-impact livestock that provides fiber and charm for a farm. More in demand than ever, you can create a business plan to provide an income too. On an alpaca farm, fiber is your product, so you need to select alpacas that are proven to have the best fleece production and fleece characteristics.
You can choose between two types of Alpacas:
- Huacaya is the more common breed. Huacaya alpaca fiber is similar to sheep’s wool: It stands perpendicular to the animal’s body and is very dense.
- Suri alpaca fleece is more like an Angora goat’s hair: It has long locks of fleece that hang down against the body.
You can try rescuing free alpacas from Craigslist, and with public awareness, many farmers and processors talk to people about how their food is produced. Agritourism is widespread in the United States choosing from activities that include picking fruits, riding horses, or shopping in small farm shops. Using this to your advantage will be a necessary tool in a successful business. Take into account what the community wants and focus on delivering.
For more information about alpaca farming, visit the Alpaca Owners Association website.
Urban Agriculture or Crop Cultivation
In high demand, urban agriculture is the practice of cultivating, processing and distributing food in, or around, a village, town or city. It increases the amount of food available to people living in cities and it allows fresh vegetables and fruits and meat products to be made available to urban consumers. Also, growing your own food saves money on grocery bills.
The outlook is very strong for urban agriculture because there is a constant need. It may also positively impact upon the greening and cleaning of the city by turning derelict open spaces into green zones and maintaining buffer and reserve zones free of housing, with positive impacts on the micro-climate.
With vegetables having a very short production cycle, you can be harvesting them within 60 days of planting. Urban vegetable growers spend less on transport, packaging, and storage, and can sell directly through street food stands and market stalls. More income goes to them instead of middlemen. The main perks of urban agriculture are: reducing carbon emissions, innovative techniques, job creation, economic growth, and food quality and security. As you can tell, this is a booming market.
Bee Keeping and Honey Production
There is always a need for honey. You can sell honey to high net-worth individuals, busy executives who prefer to take pure honey than sugar, and all you need to do is package it for the local or international market. Hive management in such a way that it maximizes honey production, and it should be your main priority. Beekeepers inspect the hive on a regular basis just to make sure everything is running well. They need to make sure that the queen is continuously laying eggs and that the worker bees are happily singing songs while collecting both nectar and pollen. You will not need much equipment or money to maintain a beehive. You can get bees by obtaining colonies from existing hives.
Some perks of producing honey include: it is rich in nutritional and medicinal benefits. Honey helps the body absorb calcium, a necessary mineral for brain health, therefore helping improve memory. Tryptophan, an amino acid in honey, is converted into serotonin and then into melatonin, which is a sleep aid. Known as a herbal acupuncture, the venom is extracted, diluted and administered to specific locations on the body. It can be used to treat arthritis, pain syndrome, progressive muscle atrophy and many other conditions. Bee pollen contains nearly all the nutrients needed by humans: protein, amino acids, vitamins, enzymes, fatty acids and folic acid. Ounce-per-ounce it contains more amino acids than beef, eggs or cheese, and has more protein than any animal source protein.
These are the three most profitable farm businesses with low investment. The industry is looking for everyday farmers to fill the gaps to fresh, healthy, and locally grown produce. Farming opens doors into hundreds of opportunities to impact different causes and movements. People are getting more and more curious about where their food is coming from and parents are looking for ways to educate their children through activities so taking advantage of this opportunity is critical.
The last reason, you should start a farming business is for the freedom. A lot of people are looking for ways to work from home on their own time and this is the perfect starting point. With the need for farms around the world, it is in the highest demand possible.