Welcome to 8 amazing steps for achieving sustainable agriculture business listed down and explained.
AGRIBUSINESS PLAN DEVELOPMENT: Business plan development is crucial for success of any sustainable
agriculture dream. A business plan is a document that supports an enterprise to
plan growth, seek funding, and monitor performance over a period of time. An
agribusiness plan is the road-map to a success in agribusiness.
THE SUSTAINABLE AGRICULTURE DREAM: Your dream is the most important thing in
agribusiness success. The dream shows where you are going and how you want your
agribusiness to be in future. Write down the dream in details in order to
remain clear and focused as you work on your agribusiness idea.
BE ORIGINAL/ BE UNIQUE: Your agribusiness must be a solution to an existing
human problem or need for it to succeed, and not a mere imitation. Take care
and identify gaps to address and to avoid desperately looking for market the
last minute for your goods and services, common with starters in Agribusiness.
Every human problem is a business opportunity. Business opportunities are as
many as human problems. Be unique.
EXPECT TOUGH TIMES: There are times when things get tough in every business
and agribusiness is no exception. Focusing on the dream will keep you going
when things get tough as you wait for better times. The dream will drive your
passion and motivate you to act to achieve it. Remain clear about your sustainable
agriculture dream and stay focused on achieving your idea.
BREAK DOWN SUSTAINABLE AGRICULTURE DREAM into manageable portions. Being
overambitious will lead to frustration and discouragement. Write down 5-10
things you need to do in order to realize your sustainable agriculture dream,
and they must be simple, measurable (Quantify to enable monitoring of progress)
achievable within your resources and abilities, setting a time deadline for
each.
TARGET CUSTOMERS: Find out who’ll be your target customers (e.g. households,
hotels, processors, Schools, hospitals etc) what product/ service they need and
of what quality.
COMPETITORS: Find out who’ll be your competitors their strengths and
weaknesses. Take advantage of their weaknesses by offering what they are not
offering the customer.
PREPARE EXPECTED INCOME AND EXPENDITURE BUDGET for your sustainable
agriculture dreams, and determines how long it will take to recover the capital
invested.
FINANCE: Lastly decide where money will come from and how much you will need
for implementation of your sustainable agriculture dream.
Monday, 21 April 2014
8 Amazing steps for Achieving Sustainable Agriculture Dream in Kenya
