If there is a sector that has always flourished regardless of the country’s economic environment, it is “Agriculture”. After all, food is one of the basic needs of human beings to survive. Hence the agriculture sector is considered the major sector for any nation—we know India as an agricultural country because cultivation is the backbone of the Indian economy. Here we discuss about Farming Business process and Guidelines.
- More than 60% to 70% of India’s population is dependent on agriculture and allied activities for their livelihood.
- The agriculture sector employs more than 52% of the total labour of the country.
- The contribution of agriculture to India’s total GDP (Gross Domestic Product) is between 14% and 15%.
Therefore, agriculture can potentially be a viable business idea in India. Farming, known as agribusiness, involves the cultivation, production, marketing, and management of agricultural commodities. In a broader perspective, agribusiness also includes resource management, conservation, animal husbandry and sale of agricultural produce.
When you start farming, choose the equipment made according to the relevant agriculture, which is most important in the farming. However, farmers mostly use the Mahindra Tractor in every farming.
Where to Start Farming if you’ve Never Farmed Before
If you didn’t know about farms and haven’t worked on one, you might be wondering if you can make your dream come true. This is a very real concern. The reality may prompt you to consider the second line of work because farming is hard, and farming doubles as a business!
For many modern farmers, especially those running large commercial farms in the Midwest, the skill has been passed down from generation to generation.
It’s not the same for small startup farms. These farmers have had to hone their skills to learn how to start farming. And they do so by either training with other farmers, going to farm school, or doing some intense self-directed study.
According to Gregory Heelers, getting that practical training is essential. “While some people claim that you may learn to be a farmer through YouTube videos or books (and they can be excellent tools), it is very important to get some practical training. If you did not grow up around farms, you might want to be friends with someone who knows what they’re doing.”
“Farm work can be extremely dangerous,” says Gregory, so it would be great to hear some horror stories from an old-timer (or, at least, someone who’s been around a bit) so you can learn from others’ mistakes.” If you need a real scare to bring to your senses, read this chilling article from Modern Farmer.
Do you Want to Start a Small-Farm Business?
Here we are suggesting some guidelines, which will help you to start a profitable small scale business.
Guidelines for starting a small farm Business
- Why do you want to start a small farm?
- What to do if you have never farmed before
- Identify the niche
- Find the suitable land
- Get financed
- For success planning a farm
- Marketing your farm products
- Resources for future farm business owners
Here we take an example of Mr Gregory Heelers. To complement this guide, I interviewed two experienced farmhands.
Gregory Heelers has helped set up two startup farms:
his father’s 200-acre grass-fed beef and goat farm, including an orchard, a berry patch, and a vegetable garden, with separate areas for future logging. In addition, there are separate areas; and seven acres of organically grown Market Garden in upstate New York.
If you want to become a prosperous businessman, you must think about “why you want to start your farm business” before anything else. Ask yourself; he says, “Is this a for-profit? Hobby? A philanthropic contribution to society and/or animal welfare? environmental stewardship position?”
This is because your motivation to start an agribusiness is something that will directly affect your strategy.
You need to answer these and similar questions as honestly as possible to know which direction to go. You can find that you are looking forward to starting a hobby farm that you can run as a side business. If so, be aware that the tax implications for hobby farms are quite different from those for business farms.
Learn to farm as you go
2. Dr Cindy Jones is a trained Herbalist and Biochemist.
About ten years ago, she and her husband decided to start a small farm in their home state of Colorado.
Although Cindy had never farmed before, she was an active gardener. Growing essential herbs for her skincare products business in her large garden is typically for her.
Without any farming experience, starting a small herb farm seemed like a natural next step. “We got into farming without any background other than horticulture and learned that farming is very different. I hope you have learned so much just by doing something, networking and talking to other farmers. You do a farmers market every Saturday during the summer, so I have met other farmers that way,” Cindy says.
When you think about the farming business, you just need to know which equipment you can frequently use. And which farming is the best in profitable business? So we analyze that Escorts tractor is the best in each farming because this Escorts tractor is so affordable for every Indian farmer.
For the above information regarding the farming Business, stay tuned with us.