The agricultural industry is in fact a very large industry and is responsible for the employment of a large amount of skilled and unskilled labour worldwide. It is a fact that there are several business opportunities that make money spin in the agricultural sector and any serious investor can take advantage of them to make a fortune.
One of the agriculture-related business opportunities that an entrepreneur can successfully initiate anywhere in the world is to engage in the manufacture of organic fertilizers. Organic fertiliser, also known as compost or manure, is produced from human excreta, animal matter or decomposed plants/vegetables.
It is what is used in the cultivation of organic food. There are several sources of organic fertilizer; one is a mineral source (peat et al) which is the main source of organic fertilizer, others are animal, plant, and sewage sludge (biosolids).
Starting an organic fertilizer production company can be considered a capital investment, but is in fact a profitable business if it is well located. You also have the possibility of receiving subsidies from your country’s government and also from other donor agencies if you start your own organic fertilizer production company.
It is important to note that if you cannot tolerate unpleasant odours, you should think twice before setting up an organic fertiliser manufacturing company. Now let’s consider some surefire tips that can help you start your own organic fertiliser manufacturing business from scratch, and then build the business to be profitable in the shortest possible time.
Organic fertilizer production business plan
1. Conduct a detailed investigation
Starting an organic fertilizer manufacturing company is not one of those companies that can be started without proper research and study of the industry. It is important that you do detailed research to discover everything that is needed to set up an organic fertilizer manufacturing company and how to tap into the existing market to sell your products and also how to create new market channels. In fact, if you want to sell your organic fertilizer in the United States, you must make sure that it contains no traces of toxic metals.
2. Write your business plan
Now that you have decided to start your own organic fertilizer manufacturing company, you need to write your business plan. Your organic fertilizer production business plan is a written business document that will guide you in creating and managing your business; it will contain several strategies that you intend to apply in running your business. In short, it is the blueprint for your business, so you are expected to pay close attention to it.
3. Register your company and obtain your business licence and operating permit
The organic fertilizer manufacturing business line is a highly regulated business in the U.S. and most of the world. In fact, you cannot start an organic fertilizer manufacturing company without obtaining approval from the regulatory authority.
Therefore, you should make sure that you register your organic fertilizer manufacturing company with your country’s government and also obtain its trade permit and operating license. It is important to note that your license may be revoked if it is determined that you need it.
4. Renting a facility in a suitable location
With respect to the organic fertilizer manufacturing company, you should check with the nearest planning and zoning services office to ensure that the location you choose for your business can be approved. It is important to establish an organic fertilizer manufacturing company in a location that is prominent in agriculture; it will facilitate access to your immediate market. You may also consider easy means or transport of your organic fertilizer if you intend to export or distribute it outside your state.
5. Source of raw material supply
There are several sources for the raw materials used in the manufacture of organic fertilizers. Therefore, part of what you should study during your research is to identify the best and most suitable raw materials you can work with.
You can negotiate with slaughterhouse management to collect animal materials freely, you can talk to poultry farmers to obtain bird waste and you can also negotiate with the waste water management authority to collect waste water from them. The bottom line is to ensure a constant flow of raw materials if you have to keep your organic fertiliser manufacturing business running.
6. Pay attention to packaging and distribution
The bad smell of organic fertilizer can be well cared for if proper packaging is done. So, part of what you need to work on is the packaging of your organic fertilizer. This is very important if you want to export your products outside your country or distribute them to different regions and states in your country.
7. Market and promote your organic fertilizer
Part of the strategy you should work on when writing your business plan is your marketing strategy. There are many organic farmers who need organic fertilizer for their crops, it is your responsibility to find it and then market your product to them. You can take advantage of agriculture-related magazines and exhibitions to advertise and promote your organic fertilizer.
In addition, people are encouraged to use organic fertilizer because of the benefits it brings and also because it involves recycling waste that if illegally dumped can contaminate the land and sea. These 7 surefire tips are a great respite from starting an organic fertilizer manufacturing business from scratch, and then building it to be profitable in the shortest possible time.