Are interested in the agricultural sector? What business can one do in the sector for profit? If you read this guide from start to finish, you’ll know the way to grow bamboo for profit.
There is no nation that can survive without agriculture. The sector not only provides the food that we eat but also contribute to the group of the economy. However, there are several business opportunities in the industry and one we shall be discussing is the way to start a business and grow it for profit.
You may be wondering why bamboo?
The economic benefits of bamboo are phenomenon. Bamboo is used as roofing, flooring, scaffolding materials in building in the construction sector. This is because of the strength and ability to return to the original shape of bending.
Not only that, it can be used to produce furniture, create writing surface, use for making decorations, produce kitchen utensils (like spoons, plates etc), bamboo is also used in the creation of paper, fabric and clothing from the fiber, production of a weapon and musical instrument.
Bamboo has been used for building roads and making bridges that are capable of supporting trucks that weigh as much as 16 tons.
Used as ingredients in medical treatment, in particular, the black bamboo shoot help treats kidney disease. Other medical uses include treatment of infectious disease like menstrual pains and infertility.
As you can see the bamboo has a lot of economic benefit for both public and individual use.
In some part of the world, especially Asia, the bamboo is a good source of food for both human and animals. The bamboo shoots are a common food in that part of the word.
So how do one start a bamboo farm and grow it for profit? Below are the steps you’ll need to start and grow your farm.
Starting a Bamboo Farm for profit
The steps below outlined the complete step to starting and Bamboo for Profit.
Make the decision
The first thing to do is to make the decision you’ll start and grow a bamboo farm. The growing of bamboo will require you become patient as it takes time for the bamboo to grow.
Develop a bamboo business plan
Come up with a business plan for your bamboo farm. it’s in your business plan that you’ll be able to put all the things you need for the business. This will help you to know the money you’ll need for both capital and operation of the farm.
If you can’t write a business plan, you can read our definitive guide by click here.
Raise Your Startup Capital
Now that you’ve to make the decision and have a plan in place for your bamboo farm, then you’ll need to raise the capital for the business. your capital should be able to cover all cost like land purchase, bamboo seedlings, the hiring of laborers, other farm operations, harvest should all be part of the capital you’re raising.
You can use any of the credit facilities (Agric bank) to raise money for the business. Also, you can approach friends and family to raise the money for you. But when using a credit facility, you should always seek to know whether their terms of the condition are favorable for you.
Acquire Farm Lands for the growth of the Bamboo farm
By now you should have successfully raised the capital that you need to start the bamboo farm.
Becoming success in the bamboo farm will require the land that will support the growth of bamboo. If you’re not familiar with the type of land you’re to use, you can seek the services of a specialist.
Since it’s a farmland, the prices are cheap. If you cannot find one to purchase, you can find one you can hire for your business.
Prepare Your Land for the Cultivation of Bamboos
Now that you have gotten a land, you can move ahead and prepare your land. When you prepare your land, planting becomes easy and stand the chance of having a bountiful yield.
Ensure the land is in the required PH level. The bamboo requires a slightly acidic PH for the land to be convenient.
If the PH level is not at the required level, you can adjust the PH to the required level by adding lime or dolomite to increase the pH of the soil.
Some bamboos are more suited to alkaline or acid soils than others, but most will do well in soils that range from a pH of 5.5 – 7.5.
One thing to note is to ensure that you secured your land from intruders which might affect the desired.
Source of Bamboo Seedlings
The end result of the bamboo farm will be dependent on how good the seedling was. Sourcing for a good source with putting all the required farm practice will give you the required yield.
But how do you find a good bamboo seedling? It begins by finding the qualified or approve distributors of the seedlings.
But in case you’re in a location where such distributors are not close or you cannot verify the source, you can visit any of the ministries of agriculture in your area for inquiries. They’ll be more than happy to help you.
Even if they don’t have it, they can help you buy it for you at the source that’s great.
The good thing when getting such seedling from the government or approve government agency, you may get it a discount.
Again the ministry of agriculture will not only find a good seedling but also find one that will suit the climate and soil condition.
Develop an effective Maintenance Strategy for Your Bamboo Plantation
The bamboo farm success will depend on the maintenance you put in place. Best farming practices are the only guarantee way of growing the bamboo farm.
You’ll need to ensure that there is constant water supply to the farm, the required insecticides, in case there is a need for treating infection and ensure that weed is cut at the right time.
It’s important to make sure that the ground does not get dry in the first year or two after it’s been freshly planted.
Any broken or unhealthy poles should be removed from the clump so the energy goes into the strong ones.
Fallen leaves get swept to the base of the bamboo to maintain moisture and provide nutrients for the plant.
An effective routine maintenance strategy is good forgives a healthy bamboo and the yield required.
Plan for the Harvest of Your Bamboos
Even though it takes about two to three years for the bamboo to grow depending on the species and climate, planning for harvest in time will help you avoid harvest losses. In between the growing season, try acquiring the necessary equipment or implements that will be used for the harvest.
Also, look hire the laborers that will be saddled with the harvest. Becoming ready in time will see your harvest move smoothly.
What then is the best time to harvest? The best time to do it is when the starch levels are at their lowest because that’s the time you’ll have the best quality poles.
Lower levels happen normally during the dry seasons.
What equipment or materials are required for the harvest?
There are two basic tools. One is a handsaw; the Japanese-style pull saw happens to be the favorite for many laborers.
The other tool is a Vietnamese hatchet that is shaped like a sickle. Use plastic twine to tie the poles in bundles.
Source for Market
Due to the vast use of bamboo in manufacturing, medicine, road construction, building, making kitchen equipment’s, means there is a market for it.
But don’t wait until after harvest before you begin to do your marketing. Begin marketing your bamboo by visiting factoring who are looking for the bamboo to manufacture their product.
In some cases, you’ll have to sign an agreement with the manufacturing industry who may either buy the bamboo before or after the harvest.
Just ensure that the agreement is not against you but in a way that every party will benefit.
Starting a bamboo farm can be profitable as there is the market for the bamboo. Positioning yourself, for it will make it possible to benefit from it.