Are you looking for an exciting business idea that pampers your love and passion for gardening as well as pursue the dream of becoming a successful entrepreneur? You may consider plant nursery business as it is a great way to spend your free time for nurturing the plants and also earn some cash. Starting a small nursery business doesn’t require much of investment and have the potential to fetch a good amount of profit provided that you possess a piece of land and a good source of water. So if you are interested in entering the world of business then choosing the plant nursery business as per your hobby is a nice thought.
Required Steps for Starting a Plant Nursery Business
Every business needs a long time planning and research to be a successful one. Don’t hurry to take any kind of decision. Do a thorough research about the market and other things systematically and pursue your dream.
Check the Legal Procedures: –
Contact the nearest administrative office and find out the laws related to starting a plant nursery business. In India, the guidelines for the same will not be much difficult but may vary from place to place. Check out the laws regarding the required amount of land and others like using of pesticides, fertilizers etc.
Craft a Business Plan: –
Create a business plan for your business according to the available resources like land, capital, customers and others. A well-crafted business plans help in taking steps in the crisis period.
Arrange Capital: –
Although you will not need a huge investment for your plant nursery business, but still you will need some for buying good quality seeds, fertilizers, equipment and others. You crafted business plan can also help in getting a loan from financial institutions.
Choose you Niche: –
There are wide varieties of plant that you can choose for your business, but you need to be careful in choosing them as all may not be suitable for the type of soil and some may not fetch good profit margin. So do a thorough research about the same and if required do a soil testing of your land to find out the suitable corps.
As you will be having varieties of plants in your nursery, find out which one grows well in which condition. If required take some training about the same as there are a various source of information available now both online and offline.
Contact an insurance agent and insure your business to safeguard your assets and business from any kind of disaster.
A plant nursery business will flourish well if it is not situated neither too far from the city where you will get the maximum exposure to customers nor near to the polluted areas which will be harmful to the precious plants. So you need to choose the location very carefully. If you are going to start it at your home only, then you will not have much choice but can take necessary steps to overcome the hindrances.
Arrange your Needs: –
For nurturing your plants you will need a good amount of water and fertilizers and pesticides. Check with your local authority about the usage of water, it will also be included in the legal guidelines. It is although suggested to get required knowledge about using of fertilizers and pesticides as this are very useful for the growth but if not done in correct manner may even kill your entire crop.
Find Customer: –
The plant nursery business has a great market potentiality if done in the perfect way. If you have chosen the right type of plants, then you will not face any kind of issue with getting the customers. Contact your nearby wholesalers or big nurseries as they are intended to buy in bulk.
You can also sell you precious plants online through the different online market. It is a great way to capture a huge market. If you have the infrastructure, you can even export your products for a good margin of profit.
Promote Your Business: –
Promoting your plant nursery business will help you to get in contact with various potential customers. You can even use social media like facebook and twitter for free promotion or can create your own website to make an online presence. Keep your page updated with new photographs of your nursery and detailed information about your business.
Important tips for Starting a Plant Nursery Business
Starting any business is very easy, but you need to take very careful and smart steps. You can include rare and exquisite species of plants in your nursery for attracting more attention. Bonsai is another good choice as you can easily include it along with other corps and it has a great demand in the market.
Continuous research and studies are essential for a successful business and endurance is the key to success as cash will not start flowing as soon as you grow your first plant. Plant nursery business is a great way to use your hobby for earning some extra cash and once the business starts to flow, your this hobby may become your routine.