yam farm business plan

The projected P&L statement. The projected P&L statement for a yam farm shows how much revenue and profit your business is expected to make in the future. A healthy yam farm's P&L statement should show: Sales growing at (minimum) or above (better) inflation. Stable (minimum) or expanding (better) profit margins.

Yam farming is a lucrative venture in the US, with the direct-to-consumer model being the most common and popular. As the demand for yams continues to rise, it is crucial to have a strategic plan in place to maximize your success in this industry. In this article, we will guide you through nine essential steps to create a comprehensive business ...

Steps on How to start Yam Farming. 1. Acquiring land for farming. The first step is to acquire land for the yam farming purpose. You should either rent land or you can buy if farmlands are cheap in your location. You can rent lands by visiting farming communities and looking for the village heads or land owners who want to lease their lands.

How To Open/Start/Launch a Yam Farming Business in 9 Steps: Checklist. ... Developing a comprehensive business plan is crucial for the success of your yam farming business. This plan will serve as a roadmap, outlining your objectives, strategies, and timelines. It will also help you attract potential investors or secure funding for your startup ...

In a Yam Farm business plan, the following financial information should be included: 1. Startup Costs: This includes the expenses required to start your Yam Farm, such as land acquisition, equipment purchase or lease, infrastructure development, permits/licenses, and initial inventory. 2. Operating Expenses: These are the ongoing costs to run ...

Either ways, Yam farming business is a lucrative one which is sure to yield you profit (Nigeria infopedia.com, 2018). I wonder why we keep overlooking this very important farming business opportunity.

5.8 Pay-back plan. 6.0 Risk Assessment. EXECUTIVE SUMMARY. Miragrade Yam Farming and Processing Business is a sole proprietorship business that is registered under the Laws of Federal Republic of Nigeria. It is owned by Mr. Olu Olawale, who has a Master Degree in Textile/Graphic Design and a Master Degree in Business Administration.

Business Opportunities In Yam Farming In Nigeria and Africa. Yam Production: Farmers can specialize in growing yam tubers and selling them to local markets or exporting them to other countries. Yam Processing: This involves adding value to yam tubers by converting them into yam flour, yam chips, and other products. These products have a longer shelf life and can be sold in larger quantities.

Also Read: How to start orange plantation business in Nigeria. Yam farming business is highly profitable; Yam farming business in Nigeria is a huge opportunity for you to make money as a farmer. It will interest you to know that about 50,000 tubers of yam can be harvested from the farmland of 500m by 500m in size.

1. Land Preparation. In farming, land preparation is the first step in planting any crop including Yam. Therefore, it is important to prepare the land you wish to use for your yam farm before the planting season. You can prepare the land or soil by clearing the grasses and leaving them to dry up before planting your yam.

Staking The Yam Vines. Plants are staked before vines start crawling on the ground. The recommended stake length is five to ten meters and a stake to every plant. Bamboo poles are the most desirable staking material, similar material that can support the yam vines for at least seven months can be used as stakes.

On average, outside the cost of land, yam farming can be done with 300,000 naira to 500,000 naira for a start. Yam farming is a very lucrative business, and if you have sufficient farmland, you can make so much money from it. This step-by-step guide will help you in starting a yam business successfully in Nigeria.

1. Preparation of the Land/Soil. If you have a land, lets say one hectare; you would have to prepare the soil for planting the yam seeds. If there are bushes and grasses in the land, you would have to clear it before the rainy season. This would allow the weeds dry up with the soil and form organic manure.

2. Prepare your Sets properly. Sets are also known as the yam seeds that will be planted. Treat the cut sets with fungicide or with ash and also take the size of each set into consideration. 3. Plant the Yams. Yam is best planted during the rainy season within the months of September.

Sale of Well large size yam. To buy the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015, 08076359735, and 08113205312. You can send a WhatsApp message or email us at [email protected] or [email protected].

After payment, text your full name, email address and title (business plan on yam production) to 07033378184. Your business plan will be sent to your email within 15 minutes. Taking a good look at the kinds of food eaten by Nigerians and indeed Africans, you will notice that yam is one of the most common staple foods consumed in these parts.

heeds April 27, 2024 Business Plan. This is a complete downloadable yam Farming Business Plan in Nigeria. We've made this available so you could download the complete yam production business plan to apply for loan, grant or run your self financed business. It has all the necessary items that a bankable business plan should contains.

The business plan for yam farming in Nigeria is the feasibility studies of the factors that influence a successful Yam farming business. Your business plan serves as a guideline that will help you as a farmer to set your goals and understand what your Return on Investment(ROI) can be. In Planning a yam farming business in Nigeria, you consider ...

As a farmer, Jaindl said he originally intended to keep the front half of Buckhorn Creek Farm in agriculture and build the warehouse in back. Payne said the industrial zoning of the property would have allowed warehousing on practically the whole farm — about 2.5 million square feet. "It's a beautiful, high quality farm," she said.

With an estimated $1.5 billion increase in plan funding across the state, Texans received nearly 500 million more meals, and the increase supported more than 18,000 jobs, according to the report.

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Ownership of Dakin Dairy officially was transferred to Ethan Dakin, Grant Dakin, Garrett Dakin and Jason Dakin May 1. A sale had not been listed in the Manatee County property appraiser's site as of May 16; the 2023 assessed value of the land, records show, was $2.41 million. The Dakins declined to disclose a sale price.

Rishi Sunak's plan to improve the UK's food security will not help build farmer's confidence in the short-term, the head of the country's biggest farming body has said.

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The order that followed, The Town and Country Planning Amendment Order (General Permitted Development, etc) 2024, makes changes to 4 existing permitted development rights that allow for agricultural development and the use change of agricultural buildings. Permitted development rights are a national grant of planning permission.

The operator of Japan's first domestically-built whaling mothership in more than seven decades said on Thursday it had no plans to send the whaler to the Antarctic Ocean, although the new vessel ...