Wikipedia defines agriculture as “The science and art of cultivating plants and livestock outcome of cultivating plants and livestock”, while sipasi olalekan an animal scientist said “Agriculture is far more than farming not only is it a business, it is essential to life. On the other hand BusinessDictionary sees business as “an organization or economic system where goods and services are exchanged for another.Put together agricultural business or agribusiness is the farming, management, processing and marketing of crops and livestock.
WHY IS AGRICULTURAL BUSINESS THE WAY TO GO IN 2019?
The answer is quite simple agripreneurship is the path to the future. There are many untapped opportunities along the agricultural value chain. What does it take to become a part of the agricultural business community? In order to play a significant role in any area of business especially in agribusiness you need to realize three key thingsOther things that needs considering are
Study the value chain you intend to invest in. it maybe production, processing, etc knowing that agriculture faces many common challenges.
Access/collation of data
Product quality
Access to research
Processing &manufacturing capabilities Product branding &marketing
Availability of strong commercial partnership
Identifying customers within a specific market
Access to proper storage
Transport/logistics
Identify where the majority of the money is being made in that value chain
Who the beneficiaries are.Identifying and proffering solutions to these common challenges becomes vital in that space which invariably provides opportunities for success especially in any area of business particularly agribusiness The model canvas by businessmodelgeneration highlights key components that cannot be overlooked.Identify key partners
Key activities
Key resources
Value propositions
Customer relationships
Channels
Customer segments
Cost structure
Revenue streams
Agricultural business: finding opportunities along this value chain. What is the value chain; its simply from PRODUCTION- BUYING-SELLING. THE PROCESS FROM THE FARM TO TABLE.
When you have identified that idea/ business how can you get funding for that business since all effort to secure funding from the banks proved abortive because of course banking institutions and finance houses require your business to be vibrant and for it to possess very good cash flow. Many even require insurance and collateral which are difficult to come by. This is where Unique Empowerment and Employment Initiative (Unic Foundation) comes in with its business empowerment support program UNIC FOUNDATION is a Non-governmental organization duly registered with the cooperate affairs commission (CAC) saddled with the vision and mandate to pull down the walls of poverty. The man behind the vision is DR CHRISTOPHER IMUMOLEN. His credentials are numerous, he is technical adviser to Akwa Ibom state government on oil and gas professionals Nigeria, President JPTS International, Country director Wealth Fitness International USA and so much more. UNIC FOUNDATION helps business owners and entrepreneurs with the tools they need to succeed in business.
BUSINESS EMPOWERMENT & SUPPORT
Financial support through grants, loans and investments.
Personal capital development
Marketing and sales support
Business training/development
Networking.
WHAT THE GRANT IS ALL ABOUT
Are you into manufacturing/production or into a retail business and you need funds to expand you can get business support to the tune of #5,000,000
HOW YOU CAN BENEFIT
click here to know how to benefit>>>http://agroalliednigeria.com.ng