As much there are other forms of investment you could get involved in. One that is always and will continually stand the test of time is Agriculture.
There have been quite a lot of of direct efforts by the government of the day to revamp the agricultural sector and this has been yielding a lot of positivity. The sector accounted for the second highest GDP non oil sector earnings, proving it to be a viable industry. The days of cutlass and hoe farming is beginning to dwindle away. The sector should be looked at like any other business with rich financial prospects for investors.
3 Ways to cash in from the Agricultural sector
1. Get a viable product: it is imperative to know which sector of the agricultural value chain is viable. Currently almost all produce are in huge demand in the nation at the moment. This can be connected to the high population density and a need of man's basic need of food to be met. There are some industry in the sector that are a instant financial success, such as Poultry farming, cassava propagation, plantain farming, water melon, pineapple, cucumber, aquaculture etc. This are some of the sectors you could go into and I would be glad to get you up and running.
2. Acquire the Prime lands: every government within the states would be more than glad to always at every point in time open its corridors to agriculture. Look out for such areas with viability, they are spread all over the geopolitical zones. There are so many prime plots in the western states that have no form of agricultural plantation and have rich soil texture and structure that supports farming. These lands are easily acquired and sold for less than $9,000 per acre http://www.4321.co.il/property/ad706477.aspx. You could also get a lot less if you are purchasing a huge expanse, just like the one we just acquired for plantain farming.
3. Get your business plans together: it is important that you have your comprehensive business plan together, as this would guide you in proper business management. It could also come in handy in acquiring a financial lease from the banks. It is important to note that a good business plan must clearly show your cash flow pattern in the short term and medium term, as well as long term. Do not be tempted to writing a very short term agribusiness proposal showing only a 12 months profit margin period. This pattern would not fly as agric venture needs a medium term business approach to profitability and break even point. Just as I have just concluded one for a client, you need to show how funds would be directly invested in the entire value chain of the chosen agricultural business. Ensure you exploit all the value chain, this is one of the ways the financial institution are harnessing all possibilities in their sector.
One of the major challenges of agric entrepreneur / investors, getting the right business plan that holistically supports their agricultural venture and this is our core strength.
There is no other time to invest in the nations agric sector and make huge profits than now. Make that life changing decision as we step into 2014.
