Sunday, 18 September 2016

AGRIBUSINESS VIABILITY CHECKS

Sustainable farming requires a
change from subsistence to
business oriented farming in
order for the grower to realize
full benefits. Agribusiness needs
to be carefully planned and
implemented. With the help of
qualified advisors, you should
establish the following.
• Legal requirements and how to
comply
• Produce quality standards
expected by your market
• Inputs requirements and their
cost
• Sources of finance
• Expected productivity and
income
• How long the business will
take to break even and make
profit
• Records you need to keep,
when and how
• Which risks your agribusiness
faces and how to prevent and
control them
AGRIBUSINESS VIABILITY CHECK
LIST
• Farm size available
• Total number of plants which
could fit
• Suitability of land and soil
• Availability of irrigation water
to maximize
• Whether temperatures are
suitable for optimum yields
• Check if there is demand for
the product
• Returns for the varieties
chosen ..agribusiness tips by Nickly kipkorir

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