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CREATING ONLINE INCOME STREAMS FROM YOUR AGRIBUSINESS.

This season of global shutdown has so many lessons enbedded in it. Among which one of the most profound insight for Agripreneurs and business owners generally is to explore more avenues of making money from their business. Before now, traditional approach to increasing revenue in most agri-businesses (especially) in Nigeria were usually tied to business activities that can only be carried out physically.  But at times like these when covid 19 pandemic is challenging all the physical structures of doing business, it has become imperative to have online structures that can keep money flowing in. Here are 5 ways to creating Online income streams in your Agribusiness. 1)Online Orders and sales: Having online platforms where customers can make enquiries and place their orders which results into sales is very essential. However, you must also be ready to listen and respond to feed backs from them. Examples of these platforms includes social media, and websites. 2) Re...

HOW TO REMAIN IN BUSINESS THIS LOCK DOWN PERIOD.

Times like this causes us to look retrospectively at our various business models. With most Agribusinesses (agricultural related businesses) in this part of the world (Africa) conducting over 90 percent of business transactions offline or physically due to several reasons. Now that the whole world is craving for access to goods and services with minimum or zero physical contact, home delivery and e-payment systems (online money transfers) has become the order of the day for businesses that not only want to thrive but also want to remain relevant. People are still making money  As an Agribusiness owner, you must think of how to convey your products to buyers at their own convenience. You can make use of logistics service providers. As you do this, do not forget to give your products Attractive packaging that will make them want to buy more and also advertise your brand.  Statistics has shown that most people now spend most of their time on their phone...

The EASIEST way to raise MONEY for your Agri-business: Agropartnership.

In the coming post covid-19 days, there is going be an increase in the need for raising capital as most reserved funds are already depleting very fast.  However, one of the easiest way and organic means to access funds will be to through agro-partnership Now, most times when we hear of the word partnership or collaborations, we think of big brands, cooperate bodies, international organisations, countries coming together with billions of dollars to do big things. Yes,  that's correct but that's just an angle to it. Today, we will look at collaboration from another angle, the micro angle. For instance, Mr Tunji, who happens to be a friend of mine, is a small poultry farmer who previously had about 50 birds(broilers and layers) wanted to scale up to a thousand birds. Having pulled all his resources together, he discovered that he could only afford to buy and maintain 250 birds. So,  he decided to speak to his friends and family in the 9am to 5pm world to joi...