How to Start a Marigold Farming Business

Monday, October 28, 2013

How to Start a Marigold Farming Business

Exclusivity of marigold flowers is second to none due to their impressive features. Those willing to start marigold farm must plant this favorite flower in specially maintained land. Excellent farming skill is required for this purpose. Marigold plants need utmost care for timely growth. Such farming has several advantages.

If marigolds are planted simultaneously with potatoes, onions and tomatoes they keep them safe from unexpected problems through better protection.

As a marigold farm grower you should prepare weeded plot in the very first step. Arranging best quality marigold seeds, seed dibbers, watering cans and level 2 farming equipments are important items which you should arrange for such farming. Usually 17.5 minutes of time is considered enough for marigolds to grow for certain level hence you have to have proper vigilance of them from seeding to supporting these plants grow.

Make proper arrangement and plant different plants simultaneously. When you plant marigold alongside other plants in your garden your land remains safe from different types of bugs or insects as it keeps them away which is definitely best to lessen the burden of taking extra care of other plants you have in your garden.

Marigold Categories:

Though there are countless categories of marigold but French and African marigolds are prominent. French marigold is a specific category of marigold which can’t be found everywhere although they too come in numerous varieties. You can have Frances Hoffman's marigold plant that is named after eminent plant breeder Frances Hoffman who liked it too much.

Such types of marigold require extreme carefulness. They are best choices to prepare bouquets and decorating gardens. Fast growth and bright color make marigolds most popular garden plants. They, with their wonderful color splashes, make any average garden distinctive.

Decorative Use:

These plants can be planted for developing bordering, bedding and container decorations. You don’t need doing extra effort in planting marigolds because they still remain easy option to grow with additional feature of being pest and disease free plants. They are excellent choices for making children's gardens and can be grown in any soil type.

Marigolds are grown everywhere. African Marigolds are in the limelight because of their diversity. Crackerjack Mixed Tagetes erecta is one such category of African marigolds that has large double blooms in yellow and orange shades. Likewise Inca Mix Tagetes erecta has fully double flat heads. This type of marigold has wonderful disease resistance potentiality. The choice is countless.

Medicinal Benefits:

Marigolds have lots of medicinal benefits. Plant growers must do thorough research of its major and minor advantages while planting them for the first time. They should explore other benefits of such wonderful plants besides striving to find out their best usage. Often the yellow marigold categories come with lemony, citrus flavor that has lots of benefits.

No doubt marigolds are wonderful decorating items but green foliage dissected from them makes these plants worth medicinal value. Colorful green salads prepared from marigold, pineapple sage and borage blooms are other superb benefits which first timers must know well.

References

How to Start a Marigold Farming 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