Have you ever thought about starting a thriving and successful tomato business In Nigeria before?
Tomatoes Farming Business Plan has been recently update to give you the current Market analysis and comprehensive insight into Tomatoes Farming Business in Nigeria and This Manual Can be used for Bank Loans, Grant, Business proposal Writing and competition
My guess is yes, you may have at one point thought about it, but due to some constraint you may have your limitations. Well if you have not thought about it before or you have, but not fully informed about the business idea, I am bringing you this opportunity to learn another new business concept which is capable of making you rich if done the right way.
without wasting much of your time, let’s discuss about our topic which says the right way to start a thriving tomato farm business in Nigeria…
so sit tight, grab your pen and notepad and get the business concept. You will be glad you did.
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COMPLETE GUIDE TO Tomatoes FARMING IN NIGERIA
FLOATING AND SINKING CATFISH FEED FORMULATION AND PRODUCTION
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Now, before we begin, do you know tomato is one of the most important food crop consumed in Nigeria, and the world at large? well this fact is undeniable most especially in this part of Africa.
Do you also know that tomato is one source of vitamin A and E, which makes it important to your health and high in demand for. If considering this fact, you will agree with me that the high demand for tomato has placed tomato farming and processing business at a significant spot in the agro-business ventures. This is one reason tomato farming is one of the best agriculture business ideas smart entrepreneurs should seriously consider.
During the severe scarcity of tomato in the early 2016, Many people wished they had started tomato farms earlier. The ones who did invest in tomato business smiled their way to the bank while the rest just wished, but then, It is not too late to start now.
5 Things to consider when Starting a thriving Tomato farm business in Nigeria
Before you start a thriving and successful tomato business in Nigeria, these are things you have to put into consideration.
1. The Farmland
2. Getting the right variety of seeds
3. Planting your seeds
4. Harvesting your products, and
5. Marketing your products
Now let’s talk about them one after the other:
1. Getting a Farmland:
Of course this is where you cultivate your seeds (tomato). Getting a farmland should not be a problem. You can get a lease from an individual or get a lease land from your state government…
You can be lease a hectare of land for as 8,000 to 15,000 Naira in Nigeria, most especially in the Northern part of the country. Though you should make your own research of how much is the price per hecter of land in your own region, but it should not exceed 20,000 at most.
You can as well discuss with land owners in your state and have a joint venture arrangement with them, while you farm on their land and share profits with them. What this means is that you don’t have to spend money on getting a farmland. When this is met, you can go ahead with the next, which is getting the right variety of seeds to farm on.
2. Getting the Right Variety of Seeds
This is one important thing to note about. If you miss this, then you have succeeded in failing. This factor will determine the growth of your business and the return of investment, and also the resistance to diseases.
Some of the best and most common types of tomato species are the Roma Tomato, Cherry tomato, Beefsteak and Sauce tomato. The Roma variety is characterized with low moisture content, red color, and has a bigger fruit.
3. Planting Your Seeds
After passing through the first two stages, the next on the line is to plant your tomato seeds. In planting, tomato seeds are first planted in a nursery. This is to provide adequate controlled conditions for the seeds to germinate well.
After about two months of transplanting, your tomato farm should be due for weeding and application of fertilizers should follow immediately. Please take note, fertilizers with high content of calcium, phosphorus, magnesium and other essential nutrient should be used, so as to replenish the soil nutrients.
4. Harvesting your Products
Now you are ready to harvest your product, or should I say our products, lol..
Tomato is one fast growing crop which could be harvested after 3 months of planting. It starts to ripe and then what next? harvesting your products is sure. It’s harvested in batches. You harvest the first and it continues like that till the plants dies off which is usually in dry seasons.
5. Marketing your Farm Produce
Tomatoes have a very short shelf life. This is one downside of tomato farming just as it is with other perishable crops. So when going into this business, marketing your produce should be put in place as it is a very important factor especially when looking at the durability of this cash crop.
One way of overcoming this issue is to find buyers even before the harvest time. Make a broadcast of what you do to potential buyers, of course everyone are potential buyer, but I mean the big buyers, if you understand what I mean.
When it is harvest time, you can make arrangements to supply directly to these buyers once you harvest. The tomato market is very large, spanning across most western and southern parts of the country. So locating buyers for your farm produce would not be much of a challenge.
Challenges of Starting a Tomato Farm Business in Nigeria
When starting a business generally, there should be some major challenges involve. This, as an entrepreneur, you should be prepared to meet and overcome. when starting a tomato farm business in Nigeria, you should be looking at these major challenge associated.
When starting a business, sourcing for funds is one of the first challenge for every entrepreneurs, and as such, most entrepreneurs are limited especially if you have this big dream of having a large scale business. So it is with you starting a tomato farm business in Nigeria.
Though these challenges are real, and I understand, but as an entrepreneur, you no go sit down look, else… you know what I am talking about na… LOL
One best way of getting fund to your tomato farming business is to have a good business plan. With these, you can attract good investors and win you loans to start your tomato business.
I know writing a business plan is like a pain in the ass to some people. Here is my tip, when writing a business plan, you should state categorically and concentrate mostly in your experience and the benefits of this business to you and to them and also to the general consumers. Business plan is basically useless if you have no experience to carry out the plan and it’s of no benefits.
This is another great challenge for any newbie entrepreneur. You will have to deal with branding as to the case of the big players in the game. But do not worry about them. Just do your thing. Learn how to provide quality and quantity with enticing packaging in other to stand in the game.
This is one constraint to most people in this business, looking at the perishable nature of this tomato. To overcome this, get your clients or buyers ready even before it is finished harvested.
Little step of water makes a mighty ocean. What I mean is that, everything great today started small at the beginning. You can start small and grow your business into a thriving one. So start making preparations to starting a thriving tomato farm business in Nigeria, no matter how small the scale. If this is one business you may consider doing, I had advice you; don’t just read and leave, make it happen.