How to Planting Hydrangea for Business

Monday, October 28, 2013

How to Planting Hydrangea for Business

Hydrangeas are popular ornamental plants sold everywhere. They are available in late autumn. The beauties of these plants are in its simplicity and colorful leaves. It is no wonder that it is a profitable venture to go to if you want to start a flower business.

You might think it may be hard to start a flower business, but in reality it takes sheer luck and determination to do the job. This tutorial will help you channel your doubts into flowering delights.

The hydrangea is a flowering plant popular throughout the world. It is used in different ways such as tea for the Koreans, but it is most commonly used as an ornamental plant for the rest of the world. These plants can either be deciduous or evergreen, but the most cultivated ones are the deciduous hydrangeas. There are four popular types of hydrangeas:

Hydrangea mycophylla mopheads and lacecaps
Hydrangea arborescens ‘Annabelle’ and family
Hydrangea quercifolia Oakleaf
Hydrangea paniculata PeeGee and family

When starting a hydrangea for business, you must choose either of these four as they are most popular and most profitable.

Where to Start the Hydrangea Business

According to the United States Department of Agriculture (USDA), most of the hydrangeas are grown in the eastern states down to Florida. So it’s not that hard to find land for the business since you’ve got a wide selection to choose from. However it is advisable that you choose southeastern states since the hydrangeas would grow faster and more easily there. But you must remember that all hydrangeas bloom and grow well in the morning sun and in the afternoon shade, most especially for the macrophyllas. The hydrangeas need the sunlight greatly as it is their source of life and development. You should also remember that NO hydrangea would survive in a heavy shade. If you plan on starting the business in the northeastern states, make sure that the varieties you choose would require less sunlight exposure to grow. For example, it would be unwise to grow PeeGee hydrangeas when you live in New York since this variety requires the heat intensity that Florida receives from the sun.

Hydrangea Business Plan

Your first initiative when you start the hydrangea farm is that you need to associate yourself with the flower shops around your vicinity. Make sure that you get chummy with them so that it wouldn’t be that hard for you to associate and sell your products to them. In the event that you have competition, let technology and science do its work. Genetics has provided us ways to produce unique plants through cross-breeding. So why not hire a part-time biologist or agriculturist to create a genetically-modified hydrangea with a shorter growth span and increased bloom? It’s really up to your imagination on how to have these hydrangeas modified to fit your business. When you are finished associating and having good contacts, make sure that your hydrangeas are unique and proudly have that advertised by the flower shop. It also wouldn’t hurt to invest in new technology to help your hydrangea grow beautifully.

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How to Planting Hydrangea for Business

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Easy Tips and Ideas to Start Business

Although anyone can start a business, many people fail because of a bad product or improper research. If you want to start your own business, you can improve your chances for success before you even begin. In order to make your business successful, start strong and make sure that your idea will hold out for the long haul.

Have a Good Product

Ensure that you plan to sell something useful. Although you may think that your product is important or special, that doesn't mean the general public will agree. Ask friends, family and strangers what they think of your product. If they don't seem that interested, ask them why. With their suggestions, you can either improve the product or scrap the idea completely. According to Brad Sugars of Entrepreneur magazine, most small businesses fail because they sold a product that didn't have an adequate market. This also applies to small businesses that provide a service. A lawn-care business might be useful for part of the year in a northern state, but it is in-demand year-round in the south. Consider whether people will actually want to use your service and get constructive advice from those not afraid to give their opinion.

Research Local Businesses

Research local companies before starting up your own business. This will not only give you an idea of the amount of competition you will have, but it will also help you price your product or service. If you're looking to start a wedding photography business, you may find during your research that the market is over-saturated in your area. If not over-saturated, you should contact each business and ask them for a price list. Alter your prices so you can stay competitive with the competition in town. Researching similar local businesses will also help you decide where to locate your business location. Try not to start up a store or office close to another business of your type. If your small business is located away from similar business types, this will cause locals to choose you over businesses that are farther away from where they live.

Get Professional Advice

You may know someone who has started their own successful business. Ask him for advice and listen to his stories of how he started his company. You may gain useful advice on the good and bad ways to start a business. Local entrepreneurs can also introduce you to local product providers or advertisers that you may not have met without their help. Accept any advice with open arms, especially if the advice is coming from someone successful in the area.

How to Calculate Business Start Up Costs

Starting a business in no easy endeavor. It takes a great deal of research, perseverance and hard work. While sweat equity will make your small business more successful, you will most likely need real capital to get the business started. Before you start raising capital and/or investing your own funds, the first thing you need to do is determine the total start-up costs.

Step 1

Determine your costs of sales. For most small businesses this means inventory, the cost of raw materials, manufacturing equipment, shipping, packaging, and warehousing. However, not all businesses sell products. In this case, the cost of sales is primarily the direct labor involved in making the sale. For example, to open a small shoe business entails purchasing enough inventory ($10,000) to stock the store.

Step 2

Determine professional fees. Planning your business structure, i.e., limited liability corporation or general partnership, means hiring an attorney. There may also be the need to pay an attorney for help with establishing trademarks, copyrights, and patents. In this scenario, that puts total professional fees at an estimated $20,000.

Step 3

Determine technology costs. Technology can greatly reduce the cost of labor for small business if used effectively. Most small businesses require computers, printers, cell phones, website development, Internet access, software applications, information security, data storage, and outsourced information technology (IT) consulting. If the cost of technology is $10,000 to start, add an additional $5,000 a year for maintenance (hint: maintenance is not included in start-up costs).

Step 4

Determine administrative costs. This varies with business types and may include items such as business insurance, office supplies, product packaging, parking, rent, express shipping, desks, chairs, fax machines, phones, or anything else necessary to operate the business daily. A good estimate for start-up administrative costs would be $5,000 for the first six months.

Step 5

Determine initial sales and marketing costs. Now that you have your product, you need to let folks know about it. Sales and marketing costs generally include marketing materials for presentations, printing stationery, business cards, advertising, trade show events, and public relations. These initial sales and marketing costs can add up to $3,000.

Step 6

Determine the wages and benefits needed to secure a staff. This includes employee salaries, benefits, workers compensation, and payroll taxes. Let's put the cost of wages and benefits estimated at $20,000 for the first three months of business.

Step 7

Add all costs associated with starting the business for a total. Be sure to only include business start-up costs that will be incurred in the first three to six months of operations. For this example, the calculation is: $10,000 + $20,000 + $10,000 + $5,000 + $3,000 + $20,000 = $68,000.

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Monday, October 28, 2013