One of the agricultural related business opportunities that an entrepreneur can successfully start in any part of the world is to go into the manufacturing of organic fertilizer. Organic fertilizer which is also known as compost or manure is produced from human excreta, animal matter or decomposed vegetable / plants.
It is what is used in the cultivation of organic food. There are various sources of organic fertilizer; they are a mineral source (peat et al) which is the main source of organic fertilizer, others are animal sources, plants, and sewage sludge (biosolids).
Starting an organic fertilizer manufacturing company can be considered to be capital intensive, but it is indeed money – spinning business if it is well located. You also stand the chance of receiving grants from the government of your country and also other donor agencies if you start your own organic fertilizer manufacturing company. It is important to state that if you can’t bear offensive odors, then you should think twice before setting up an organic fertilizer manufacturing company.
Now let us consider some surefire tips that can help you start your own organic fertilizer manufacturing company from the scratch, and then build the business to profitability within the shortest time frame;
Starting an Organic Fertilizer Production Company – Sample Business Plan Template
1. Conduct Detailed Research
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 all it will take for you to be able to setup an organic fertilizer manufacturing company and how to leverage on the existing market to sell your products and also how to create new market channels. As a matter of fact, if you want to sell your organic fertilizer in the US, then you must ensure that it does not contain traces of toxic metals.
2. Write Your Business Plan
Now that you have made up your mind to start your own organic fertilizer manufacturing company, then you must write your business plan. Your organic fertilizer production business plan is a written business document that will guide you in setting up and running your business; it will contain various strategies that you intend to apply in operating your business. In a nutshell, it is the blue print of your business so you are expected to pay serious attention to it.
3. Register Your Business and Obtain Your Business Permit and Operating License
The organic fertilizer manufacturing line of business is a highly regulated business in the US and in most parts of the world. As a matter of fact, you cannot start an organic fertilizer manufacturing company without getting approval from the regulating authority; the USDA.
So you must ensure that you register your organic fertilizer manufacturing company with the government of your country and also obtain your business permit and operating license. It is important to state that your license can be revoked if you are found wanting.
4. Lease a Facility in a Suitable Location
Regarding, organic fertilizer manufacturing company, you would have to cross check with the nearest planning and zoning services office to be sure that the location you choose for your business can be approved. It is important to setup an organic fertilizer manufacturing company in a place notable for farming; it will make it easier for you to access your immediate market. You can also consider easy means or transporting your organic fertilizer if you intend to export or distribute them outside of your state.
5. Source for Supply of Raw Materials
There are various sources for the raw materials used in the manufacturing of organic fertilizer. So, part of what you should study during your research is to pin point the best and most suitable raw materials that you can work with. You can negotiate with the management of abattoirs in order to freely collect animal matters, you can talk to poultry farmers to get the waste from birds, and you can as well negotiate with sewage management authority to collect sewage from them. The bottom line is to ensure steady flow of raw materials if you must keep your organic fertilizer manufacturing company going.
6. Pay Attention to Your Packaging and Distribution
The foul smell from organic fertilizer can be well taken care of if proper packaging is done. So, part of what you must work on is the packaging of your organic fertilizer. This is very important if you want to export your products outside your country or to distribute them to different regions and states in your country.
7. Market and Promote Your Organic Fertilizer
Part of the strategy you must 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 for them and then market your product to them. You can leverage on agriculture related magazines and expos to advertise and promote your organic fertilizer.
Over and above, people are encouraged to use organic fertilizer because of the advantages it brings to the table and also because it involves the recycling of waste which if illegally dumped can pollute the land and the sea. These 7 surefire tips is a great deal of respite for starting an organic fertilizer manufacturing company from the scratch, and then build it to profitability with the shortest time frame possible.