Agriculture is
already a steady-going business that shows no sign of fading. If you
are interested in agriculture product business, you might like the
idea of being a part of fertilizer industry. Being a start-up you may
face some challenges. For e.g. whether you want to run a partnership,
a sole partnership or a corporation but the outcomes will be
rewarding.
Follow the
criteria and start agricultural products distribution:
- Set up a business plan for fertilizer distributorship. A well planned distribution business helps in convincing investors that your company is worth investing into. Make specific plans. Are you planning to sell organic or chemical fertilizer? or both ? How much area you will be needed? How would you compete with other distributors in the same field?
- Apply for the required licenses from the states in which you are planning to run business. Take all the important licenses and permits. You may have to register the fertilizer ingredients you will use.
- Find the manufacturers of your product who are willing to do business at price affordable to you. Check with business bureau or your local chamber of commerce or talk to farmers about the brand they use. Contact the suppliers, start negotiating and discuss if you both can agree on a price. You can check for the renowned businesses which are looking for agricultural distributor online too.
- Buy the equipments and buildings you will need in your new venture. Most probably you will be needed trucks to transport fertilizers to interested buyers and a warehouse for inventory. Be extra careful for the storage and handling policies.
- Target your customers, whether you want to sell to farmers or garden stores. Contact individuals or businesses in your market and give them a smart and informative introduction about your services and give them reasons why they should buy products from you.
Agribusiness is the largest sector in India as it contributes as high as 18% towards the GDP of the country and nearly 13% towards the exports of the country. Become a part of the industry success.
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