BAMBOO FARMING BUSINESS PLAN SAMPLE TEMPLATE
Starting a bamboo farm is not very difficult. With the right aid, you can quickly start your bamboo farm and start earning some income. Once a bamboo farm had been started, it could keep on existing for many years to come and earning you some passive income if you want. In fact there are several bamboo varieties, more than 1000 of them, which a bamboo farmer could choose from.
Before you can start a bamboo farm, you will require some preparations. Read on and you will find out in this article several steps you must take before you can fully kick start your bamboo farm business.
Here is a sample business plan for starting a bamboo farm.
- Consider the Climate
Before you think of starting bamboo plantation farming, you will have to consider the climatic condition of the area where you want to locate your farm. One good thing about bamboo is that it is suitable to a lot of climates. Provided the temperature level in your place remains above the zero degree Fahrenheit, you should be good to go.
- Get a land suitable for Bamboo Farming
The next thing after checking whether the climatic condition of your area is suitable for bamboo farming is to go get a farmland where you would do your bamboo farming. The farmland should be large enough to support the scale of farming you want to operate.
The farmland could be located in a swampy area or any area that is very suitable for bamboo farming. You could either rent or buy a piece of land for your bamboo farming.
- Check the suitability of your Soil
The next thing you would want to do is to check for the suitability of the farmland you have gotten. It is well known that bamboos do very well in soils that have some slight level of acidity.
Bamboos do very well in a farmland that is neutral to slightly acidic in its nature. Your farmland must have a pH that is neutral or one that is fairly on the acidic side. If your soil acidity level is low, you may want to add some lime so as to boost the pH level to one that is very suitable for bamboo farming.
- Choose Variety
It is now time to choose the variety of bamboos you want to grow. It is not uncommon to find many bamboo nursery stocks being sold out for landscaping purpose, and as such, new bamboo farmers tend to focus on that area.
You should try to have several varieties of bamboo for your farming. You may not start out at first with the various varieties but you could start out with one or two and keep adding in more varieties.
- Source for Bamboo Seedling
Before you can start your bamboo farm, you must be able to get a good source where you can secure bamboo seedlings. If you have nowhere to turn to, a good place to visit is the ministry of agriculture in the country where you reside. You could pay a visit there and make enquiries. They will be able to lead you in the direction where you could get some bamboo seedling. It is very important that you get only the bamboo seedlings that will be suitable for the climatic condition of your place and the soil condition of your farmland.
- Determine your Target Market
You should do your research deeply to know the groups of people that need bamboos. Bamboos are well known to be used for a variety of things such as food, medicine, building, road construction, etc. A good place to start with is to visit industries that use bamboos as raw materials for production.
- Determine the Startup Capital
Having done the preliminaries such as doing your research on getting the right farmland, sourcing for seedlings, determining your target market; you should go ahead and determine the startup cost that you will require for your bamboo farming business.
The startup capital you will come up with will depend on a number of factors such as the location of your farmland; the number of equipment and tools you would love to get; expenses to be incurred for preparing the farmland; etc. Carefully do your research to be able to come up with a very workable estimate for the start up capital required for your bamboo farming.
- Determine Maintenance Strategy
Although bamboos can survive for a considerable period of time without water, you will still have to devise a maintenance strategy for your bamboo farming. You will be required to water the bamboos, and so you must devise a plan for that.
You will also devise a plan as to when to utilize insecticides, as well as when to weed and the manner in which you would weed the bamboo farm. You will have to take maintenance very seriously if you are concerned about the success of your bamboo farming business.
- Determine the Harvest of your Bamboos
You will have to also determine and make plans for the harvest of your bamboos for the periods when they get ripe. You must determine and devise a plan early on before they even get ripe and mature for harvesting. This is highly crucial because if do your planning very well, you will avoid spending too much and unnecessarily.
Also, you must make sure you have acquired all the necessary tools and equipment for harvesting, ready for the time of harvest. You will also need to hire the services of labourers.
- Write a Business Plan
Now is time to draft a good business plan for your bamboo farming business. It will even be more important to draft a business plan if you are going to consider obtaining loans to gather your startup capital. A business plan will help you to clearly set out all the things you must pay attention to in your bamboo farming business.
It is not that cumbersome to write a good business plan. A page or two may even suffice, as long as it bears the important things of your business.