Tips for Success in the Agriculture Industry
The agriculture industry — despite being foundational to economic prosperity, nationally and locally — is often distant for many people in the modern world. For people living in more urbanized environments, buying food at the grocery store or in restaurants, the centrality of agriculture may not be apparent.
But agriculture has long been a vibrant, dynamic industry — and it will continue to be. For entrepreneurs looking to get involved in agriculture, consider the following tips for finding success in this essential industry.
Experience Is Key
Gaining experience in any industry before going into business is a good rule of thumb. But this may be particularly true in the agriculture industry. The dynamics of working in agriculture — both the day-to-day experience, and the financial details to consider — are highly unique, and there is no substitute for first-hand experience.
There are many ways to get experience. Working at, volunteering on, or simply touring local farms and other agricultural operations is a great way. Aside from offering you some exposure, this can allow you to connect with local farm owners and others in the agricultural world — providing a helpful base of knowledge as you work to start your operation.
Consider Multiple Types of Businesses
When people think about agriculture, some farm typically comes to mind. But the list of options today in agriculture is endless. First, just on the subject of farms, there are many different types: vegetable farms, livestock operations, grain operations, and more. But even within these, there are sub-types, ranging from organic to conventional to no-till, and more. There are also new and innovative sub-fields within the agriculture industry, like hydroponics, that may be worth considering. Thoroughly exploring what agriculture can mean is vital for success.
Take Regional Variations into Account
Unlike many other types of businesses, agriculture is especially seasonally variable. What this means in practice can vary quite a bit, depending on location, climate, type of operation, and other factors. But overall, it is important to consider regional considerations as you plan an agricultural business. How long is your growing season? Will your operation contain an indoor component? Thoroughly reviewing details like these will help set you up for success.
While the agriculture industry can sometimes be tough, there are plenty of great opportunities for new entrepreneurs. Consider the tips above as you work to establish a sustainable business.