WHY AGRIC VENTURE FAILS …..PART 2
For those considering crop cultivation or animal rearing land acquisition or production facility either on outright purchase or lease arrangement is the first step. A lot of people get it wrong from this very point. You don’t have to own or buy a land it can be leased over a period to start up, test your idea and grow your business.
The misfortune and loss that a lot of people venturing into agriculture experience start from the land acquisition stage. They may acquire land in a community –
– hostile to commercial agricultural business.
– where herdsmen are having a field day
– completely isolated in which there are no other farming operations.
-where there are inter-community land dispute etc
A community may be hostile to a new farmer or investor as a result of envy on perceived scale of operation or seen as a threats or oppression to their own continuous operation and existing customers’ patronage.
In order to avert these challenges during land acquisition, I will suggest that you consider either going through a mediator or Do some investigation, or go through an existing farmer into that community.
Your land acquisition is your first and most crucial task.