Do you find the idea of digging into dirt appealing? Do you want to start making some money? Do you want to start your own business? There is a way you can combine your desire to make money and the digging process! Hydroponics farming in Nigeria is the best choice for you to start a business! It`s an innovative concept that might appeal to a lot of young entrepreneurs! This article will provide you with a guide of Top 7 tips to start a hydroponics business!
What is hydroponics farming?
Hydroponics can be defined as a method of nurturing plants without soil. It is a Latin word which loosely translate to working with water. It`s simply the art of growing plants, but it does not necessarily have to include water.
Due to the word “hydro” a lot of people believe that it`s a situation where water is used to grow plants. It can be, but it does not have to be. Any innovative method of growing plants without traditional potting and soil mixing can be referred to as the hydroponics method.
Hydroponics farming – is it difficult?
Hydroponics farming is not a complicated process. Even a child can handle it if he is prepared enough. Kids also like to work with plants. Did you try to experiment with plants when you were a kid? Did you put a potato in a jar of water, put some toothpicks in it and watch your plants grow? That`s called hydroponics farming.
Advantages and disadvantages of hydroponics farming
In different ventures, there are upsides and downsides! Hydroponics farming is not an exception. If you want to start this kind of business, then you need to be aware of its advantages and drawbacks!
Advantages of hydroponics business
- No need of huge masses of farming lands. A stable technology for growth ensures that the plants thrive in greenhouses. It also provides high yields from every harvest;
- Almost no runoff and evaporation of water. When you look at traditional farming, you may notice that a large amount of water is lost due to evaporation. With hydroponics farming – you do not need to worry about this problem;
- Fairly easy to eliminate various diseases and pests;
- Much easier to harvest high yields;
- Reusing of water;
- Less water loss;
- Easier to create a nutritious environment for plants;
- Lower chance of pest damage;
- Better chance for proper aeration of plants.
Disadvantages of hydroponics farming
- If your hydroponics system fails, then the damage to plants can be irreversible;
- Field condition provides less limited production in comparison to hydroponics farming;
- Initial set up cost may be very high;
- Technical skills are required for maintaining a hydroponics system;
How to start hydroponics farming in Nigeria?
Launch studies about Hydroponics business capabilities
The hydroponics business is a relatively new kind of venture in Nigeria. Some regions in Nigeria may not provide you expected revenues. It means that before you set up a business in your region, you have to find out if it`s required. If you want to invest a large sum of money in this business, then it`s highly recommended you conduct a field study first.
Study Hydroponics Farming
The benefits of hydroponics farming are enormous but they all can be in vain in ignorant hands. Before you launch your venture, read some manuals about hydroponics. You can also find experts who work with hydroponics farming in your region and learn from them
Experts can give you a full picture of what to expect from this type of farming in the present day. Try to, at least, find some information on the internet. There are special online forums that may help you with the task.
Get permission of Local Authorities
If you want to start a commercial farming in Nigeria, you should seek for permission. Hydroponics farming is not a typical one. You will need a special kind of permission to start hydroponics farming in your backyard. When you get all the necessary papers you can begin the farming for local consumption.
Find Suitable Location for a Hydroponics Farm
This needs to be considered when it comes to your hydroponics business. You need to find a suitable location to place a sophisticated system for future growth. Do not forget that if you fail to set up necessary equipment properly, you may lose plants. If you find a suitable place, you can set up a green village or even a city!
Hydroponics farming in Nigeria is a new business. Still, some innovators have already been successful in this venture. Why don't you reach out to them and ask for advice? Experts will provide you with necessary steps in setting up your hydroponics facilities. A consultation with an hydro-culture scientist will be good for your venture. You can reach them even on the internet.
Choose products to cultivate
Not all crops can be planted using the hydroponics farming method. Some of them will simply not survive in a soilless condition. Still, you will find out that you can grow a lot of plants through this means, such as:
- Flower crops;
You can choose to cultivate plants that re in high demands of your local market. It may be a good solution if you want to make sure your investments will be rewarded.
Build your marketing
You can`t sell products without promoting them. Your market will decide if you are a successful entrepreneur. You can be an extraordinary farmer but what is the point if most of your products aren`t sold? Find your exact market and their needs in order to get return for your investment. If you want to maintain your hydroponics farm, you have to receive revenues from sales.
Hydroponics farming in Nigeria – Conclusion
Hydroponics farming is a new innovative business that can be a cool venture to start. Like any other business, it needs capital investment, field study, experts` knowledge and other necessary actions to succeed. You can launch this business if you work it through. Nevertheless, do not expect to find it easy to conquer this market.
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