Top 10 profitable Agriculture Business Ideas with Low Investment
Do you want to make good money through smaller investments, especially in agricultural businesses, which are booming? Most agriculturally driven businesses need not require huge land plots or big investments to turn them into profitable businesses. In the past decade, there has been a surge in agri-tech options and a potential growth pointer for societies to become modern ‘agri-entrepreneurs.’ Individuals are using money-making agricultural business ideas to turn them into profitable ventures. This blog will check the top 10 profitable agricultural business ideas requiring low capital funding.
Profit-making agri-business ventures
Several agriculture business ventures can be combined if you already have large sections of land or ready investments, or you can begin with one and grow from there. Banks and other financial institutions provide quick and easy loans for such ventures as such activities supplement the economic growth of the country—Examples of agricultural businesses selling seeds, hydroponics for growing fruits and vegetables etc. The kind of agricultural business ventures can be bifurcated into 3 broad categories:
- Productive resources
Making, supplying and growing resources required for agricultural production are some of the ways new entrepreneurs could start an agricultural-based venture.
- Seed
- Feed
- Fertilizer
- Equipment
- Energy
- Machinery
2. Agricultural commodities
Farming products are in great demand, whether raw or processed
- Food (spices)
- Fiber (grains)
3. Facilitative services
Agricultural produce needs to be sent across the country and abroad for that. Several facilities are required:
- Storage
- Processing
- Packing
- Shipping
- Marketing
- Credit
- Insurance
So, when you think of setting up a profitable agricultural business, you can pick from the above categories without a heavy investment and begin your entrepreneurial journey.