BUSINESSES YOU CAN INVEST IN - AGRICULTURE

BUSINESSES YOU CAN INVEST IN

LESSON #21

AGRICULTURE

Agriculture is the backbone of the African economy and the most depended on industry in the world. This is the only industry where the goods are in continuous demand hence making it very profitable. Many farmers have been discouraged from producing at large scale with the fear of making losses by selling at a low price through middlemen. Most farmers wait in vain for the prices of their goods to raise but end up selling off at a loss to get rid of stock. But the good news is that the industry is still very profitable when the farmer eliminates the middle man and deals directly with the client.     

          

WHY SHOULD YOU INVEST IN AGRICULTURE?

§  Our country is blessed with very fertile soil and the best climate.

§  Agriculture is very vast industry where ALL goods have value for money. These include vegetables, fruits, meats, grains and cereals, dairy products, poultry products, fish and sea life products, flower growing, bee keeping, silk worm keeping e.t.c.

§  Agriculture can be concentrated on horticulture or animal husbandry or both.

§  Agriculture can be started on small scale and advanced to large scale.

§  Agriculture is both a cash crop industry and a subsidiary industry.

§  Agriculture ensures food security in the country.

You can refer to the HARVEST MONEY section in the New Vision every Tuesday and SEEDS OF GOLD in the Monitor every Wednesday for agricultural articles and more agricultural information and what field you can venture in.