The agricultural industry is in fact a very large industry and is responsible for the employment of skilled and unskilled labor loads worldwide. It is a fact that there are several business opportunities in the agricultural sector and that 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 fertilizer, also known as compost or manure, is produced from human waste, animal or vegetable matter or decomposing plants.
It is what is used in the cultivation of organic food. There are several sources of organic fertilizers; one is a mineral source (peat et al) which is the main source of organic fertilizers, others are animal, plant and sewage sludge (biosolids) sources.
Starting an organic fertilizer production company can be considered capital intensive, but it is really a money spinner, if it is well located. You also have the opportunity to receive grants from your country’s government and other donor agencies if you start your own organic fertilizer manufacturing company.
It is important to note that if you cannot stand the offensive odors, then you should think twice before establishing an organic fertilizer manufacturing company. Now let’s consider some tips that can help you start your own organic fertilizer manufacturing company from scratch, and then build the business to profitability in the shortest time possible:
Starting an Organic Fertilizer Production Business Plan
1. Conduct a detailed investigation
Starting an organic fertilizer manufacturing company is not one of those businesses that can be started without proper research and study of the industry. It is important that you conduct detailed research in order to find out everything that is needed to be able to establish 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, then you must make sure that it contains no traces of toxic metals.
2. Write your business plan
Now that you have made the decision to start your own organic fertilizer manufacturing company, then you should write your business plan. Your organic fertilizer production business plan is a written business document that will guide you in the creation and operation of your business; it will contain several strategies that you intend to apply in the operation of your business. In short, it is your business plan, so you are expected to pay close attention to it.
3. Register your business and get your permission and license to operate
The organic fertilizer production line is a highly regulated business in the United States and most of the world. In fact, you cannot start an organic fertilizer manufacturing company without obtaining approval from the regulatory authority, the USDA.
Therefore, you should be sure to register your organic fertilizer manufacturing company with your country’s government and also obtain its business permit and operating license. It is important to state that your license may be revoked if you are found to be unsatisfied.
4. Leasing a facility in a suitable location
With respect to the organic fertilizer manufacturing company, you would need to 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 prominent location for agriculture; this will make it easier for you to access your immediate market. You may also consider easy means or transportation of your organic fertilizer if you intend to export or distribute it outside of your state.
5. Source of supply of raw materials
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 the management of the slaughterhouses to freely collect the animals, you can talk to the poultry farmers to get the waste from the birds, and you can also negotiate with the waste water management authorities to collect the waste water from the birds. The end result is to ensure a steady flow of raw materials if you must keep your organic fertilizer manufacturing business running.
6. Pay attention to packaging and distribution
The foul odor of organic fertilizers can be well cared for if the proper packaging is done. Therefore, part of what you should 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 source it and then market it 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 safe tips are a great respite from starting an organic fertilizer manufacturing company from scratch, and then building it up to profitability in the shortest time possible.