Is small farming investing a good idea for 2021?
In recent years, there has been a rapid growth of farms all over the world, popping up in various communities that are either known for their agricultural past or that are just now emerging as agricultural places. We have to admit that the perspective of starting such a new adventure is one that many of us have taken into consideration at least one in our lifetime, be it because we have a bit of a background in farming or because we have always wanted to undertake such a wonderful adventure.
Considering the current conditions that have taken over the world, it has also become somewhat a necessary step for most of us that we must start a new kind of business or that we must understand the new terms in which we conduc our already existing ones.
Because, say what you might, farm investment has never been regarded as it is today, nor will it ever be the same as it is in this very moment – as the conditions that currently exist within all markets around the world will never exist again. In harsh times such as these, we must try and capitalize all opportunities, making an analysis beforehand of the investments that are worthy of trying to undertake and the benefits that they might bring us :
– should we invest in a large farm that is already a succesful one ?
– should we venture into a new try with a new farm ?
– is the farm that we want to start or invest in an animal farm or a vegetable farm ?
– how is the national legislation in the country that we want to invest in ?
– would we need a lot of capital to start with ?
– how hands-on should we really be in our venture?
In such countries that are trying to develop their agricultural side – take for example Nigeria, there have been many ammendments given by the national authorities that have made sure farmers, big or small in their ventures, are feeling free to start new areas of work. For example, maize farmers might want to branch out and start a new farm in, let’s say, goat farming.
Because these two areas are so close, yet so far appart, we may be tempted to think that goat farming can be similar to maize farming, or we might be at the opposite oppinion and believe that the two have nothing in common. This is one of the biggest mistakes that one can make, as there is always a middle ground between these two separate ideas.
Goat farming has taken off in African countries in the sense that it is a very lucrative way of capitalizing a resource that has so many uses : one can use the meat from goats, but also milk, bones and skin, making the bussines a very good one investment-wise.
If we take into account the fact that this is also a very good idea in a country where goat meat is highly requested and appreciated, it comes as no surprise that most animal farms that open in Nigeria are centered around goat farming. Therefore, why not try and enter this field while it is still a lucrative one and try and work with a company that makes farm investment in Nigeria easy and convenient ?
