Feasibility study of rice business plan

Weeding And Soil Nutrients Management For your to rice farm to yield well, you need to properly weed and manage soil nutrients. Rice is one of the most common food in Nigeria, it is in every home, eaten almost everyday but mostly during ceremonial periods.

For optimal yield it is advised to purchase seeds from any company that is fully registered and endorsed by the National Agricultural Seeds Council NASCthe regulating body for the Seed Industry in Nigeria. We have compiled the necessary information you would need for running a successful rice farm.

Upland rice require other operations.

Rice Farming & Processing Business Plan in Nigeria

All these will prepare you adequately for the eventualities that may occur on the farm or during the processing stages.

It could be spread on tarpaulin or on dedicated concrete floor. It will interest you to know that Nigeria is the largest producer of rice in West Africa and the third in Africa.

Business Plan Vs. Feasibility Study

Versions Feasibility studies usually compare several possible scenarios for how a business might work. Be sure you are applying the right quantity as too little or too much is detrimental to the health of the rice. Sections Feasibility studies focus on the size of the potential market, availability and prices of suppliers and distributors, and the abilities of the entrepreneur.

Nigeria major suppliers are Thailand, China and India. Importance A business will probably fail if its feasibility study is done poorly the first time. For rice you just need to prepare seedbeds in the nursery, plant the seeds and cover the soil with transparent polythene sheets.

This is as a result of the fact that most soil borne pathogens and nematodes attack transplanted rice, greatly reducing the rice yield and Soil solarization reduces these pathogens and nematodes. To succeed, you will need a business plan, capital, land, compactible rice variety, hulling mill and other machinery and storage.

As stated earlier, rice will grow sparingly in dry lands, it is best you have a swampy land if you want to go into rice farming. Presently rated as the most profitable agricultural venture to invest in all over Nigeria, there are boundless opportunities that can be tapped for maximum profit.

It is important that you equip yourself with as much knowledge as you can about both the farming processes and the business aspects of the sector.

Rice that is harvested close to the grounds permits the use of hand for threshing. Rice production falls short in meeting its local demand, left alone importing out. Herbicides is applied so to control weed because weed is a major issue if you want a good production.

This is very important, the quality of your seeds is a major determinant of the success of your farm. Cassava Farming Business Plan in Nigeria The amount needed for rice production in Nigeria is considerably large because of machines, land and labour cost among others.

Retail or Wholesale Rice Selling

In Nigeria after the recent order by the presidency to stop the importation of rice, rice farming has become one of the most lucrative agricultural business in Nigeria.

Raising Rice Seedlings in Nursery The rice seeds has to be planted in a prepared seedbed and transplanted after two or three weeks. The two main pest are birds and insect. It require 50 by m space for nursery for 1 hectare of land.

If you are considering venturing into this business, here are some benefits you should know.FEASIBILITY STUDY CHAPTER I INTRODUCTION This feasibility study aims to rationalize information of a proposed business in order to provide a clear rationale of basic factors in marketing which includes the strength and weakness in a venture and the opportunity and threat that is presented by the environment.

Rice Farming & Processing Business Plan In Nigeria Feasibility Studies PDF

Before you break ground, it’s important that you understand these two essential elements to this undertaking: Business plan and Feasibility study. Step 1: Conduct Your Feasibility Study.

Before you create a business plan for your restaurant in New Mexico, you need to conduct a thorough feasibility study.

Rice Farming Processing / Production Business Plan in Nigeria

Feasibility Study on Cassava Production in Nigeria Comco Rice Business Plan Comco Muridke Sample of a Project Proposal - Provision of Farm Inputs (Production of Palay, Corn, Mongo, Peanut and Camote)5/5(24). BUSINESS FEASIBILITY STUDY OUTLINE the cost of the Business Plan will also be reduced.

A thorough For example, a good market analysis is necessary in order to determine the business concept's feasibility. This information provides the basis for the market section of the Business Plan (Bangs ; Hoagland &. This business plan was complied after a proper feasibility study on rice production in Nigeria was carried out.

To get your own rice farming business plan in Nigeria, pay N10, to: BANK NAME: FIRST BANK PLC. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: After payment, text your full.

Rice Farming Business Plan in Nigeria

Rice Farming & Processing Business Plan in Nigeria This rice farming business plan and feasibility study on rice production in Nigeria is regularly updated and can be used to access bank loans, grants, investors and startup business competitions.


Feasibility study of rice business plan
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