The farming business is very profitable, especially in Zimbabwe. With the rich African soil and Zimbabwe being the center of agriculture, the farming business stands a good chance of success. There are different farming businesses one can venture into this include;
Different types farming
- Farming
- Dairy farming
- Beef farming
- Mixed farming
- Fish farming
Steps to start a farming business in Zimbabwe
- The first thing to do when you are starting any business is to draft a business plan. A farming business plan is very essential as it will help you manage the business and know how to go about the expenses.
- The next step is to look for a unique company name or brand name. One that is easily recognizable and has never been used before.
- Once you have decided what the company or organization’s name will be, the next step is to register the company as either a private Limited Company or a Private Business Corporation.
- Study and find out more about the business you won’t dwell in. Perform a SWOT analysis to identify the strengths and weaknesses of the business.
- Set up a business bank account with the preferred banker.
- Ensure the business for safety purposes.
- Choose a suitable location in Zimbabwe for your farming business from where you will be offering your services or goods.
- Identify your target market for your farm produce so that you can know what you are going to stock or what services you will be offering.
- If possible, build a website that you will be using to advertise your business and get clients.
- Buy all the necessary equipment for your business and set up the office or area of work.
- One can also register with ZIMRA and NSSA to get the PAYE number and SSR number where applicable.
Tips to starting a farming business in Zimbabwe
- The farming business requires space in terms of land where you can perform all the work easily.
- The water, soil, and vegetation resource are also one that is important as it determines the type of farming you will dwell in.
- Choose an enterprise that you have a passion for and can easily be started and managed. From mixed farming to poultry farming, one has a lot of choices to make.
- The farm size actually depends on the finance the farmer has and whether there is a capability to take the loan.
- The next way to boost your business is to market and advertise. One can use social media platforms and friends to help market the business.
- Once the farm is set up and ready to begin, one needs to employ competent employees who will help them in the farming business.
- Buy all the necessary farming equipment to start the business.
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