Like many people, you might want to start your own business, but you probably don’t have a lot of capital to invest. To start your own business with a minimum upfront investment, a very flexible schedule, and a good potential for profit, consider gardening for a living.
Growing fruits, vegetables, and herbs is one of the oldest business models, and many people today are turning to this idea to bring in extra money or even earn enough to quit their day jobs. Of course, it is essential to set up the business correctly.
If you want to start gardening for a living, it’s a good idea to get started on land you already own. This will allow you to test the market in your area without making a substantial capital investment. Many people choose to plant a garden in their backyard. Unlike home gardening, however, it is essential to plan your garden on what plants will give you a high yield and the best price at a farmer’s market. Look at the amounts of fruits and vegetables, and consider what you could grow that would turn a profit.
For example, potatoes are usually a relatively cheap food, and they can take a lot of time to grow and harvest. Making money off of them isn’t comfortable with limited space. Heirloom tomatoes, on the other hand, take up very little space in a garden and can get a high price at farmer’s markets and specialty grocery stores.
Carefully consider having an organic garden. While organic gardening requires more work than a traditional garden, produce that is organically grown can fetch a premium. Many farmers have discovered that increasing organic produce is more accessible with a small plot of land, and growing the operation is much easier than converting a traditional farm or garden to an organic one.
Finally, do a business analysis of your costs and profits before deciding to quit your day job. More extensive operations may require an investment in the form of additional land, water, and other resources. Make sure that this is what you want to do before putting down a lot of capital.