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Home Entertainment Announcements

15 things farmers should avoid when running a farming business

by Mzukona Mantshontsho
November 20, 2024
in Announcements, Community, Entertainment, Featured, Health, Local Business, Local Heros, Municpality, National, News, People, Politics, Provincial, Schools, Schools Sports, Special Reports
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15 things farmers should avoid when running a farming business
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By Emily Mamza Elias

1. Neglecting a business plan – Farming is a business and needs a solid plan for success.

2. Underestimating startup costs – Ensure you have sufficient capital for equipment, seeds, land, and labour

3.Overplanting without a market – Don’t grow more than you can sell or store.

4. Lack of irrigation planning – Proper water management is crucial for crop success.

5. Not tracking finances – Keep detailed records of income, expenses, and profitability.

6. Relying too much on one crop – Diversify crops to spread risks and ensure steady income.

7. No marketing efforts – Growing crops is only half the battle; marketing is crucial.

8. Mismanaging equipment – Maintain equipment regularly to avoid costly breakdowns.

9. Rushing into large-scale farming – Start small, manage risks and gradually scale up

10. Failing to secure contracts –Without agreements in place, you risk not having buyers for your produce.

11. Over-fertilizing – Excess fertilizer can damage crops

12. Underestimating record keeping – Tracking weather, harvests and crop performance improves future yields.

13. Not networking with other farmers –Farming communities & events offer support&opportunities

14. Mismanaging cash flow –Plan for periods of low income between planting&harvest

15. Ignoring buyer diversification –Relying on a single buyer can be risky aim for a diverse base.

Mzukona Mantshontsho

Mzukona Mantshontsho

Nyakaza Media Solutions, founded to empower schools, helps learners research, write, and publish newsletters, bulletins, and maintain websites. With a mission to promote dialogue on issues affecting young people, the organisation encourages learners to celebrate excellence, embrace growth, and strive for greatness. Nyakaza Media Solutions aims to foster better individuals and future South African leaders through positive and productive behaviour.

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Nyakaza Media Solutions, founded to empower schools, helps learners research, write, and publish newsletters, bulletins, and maintain websites. With a mission to promote dialogue on issues affecting young people, the organisation encourages learners to celebrate excellence, embrace growth, and strive for greatness. Nyakaza Media Solutions aims to foster better individuals and future South African leaders through positive and productive behaviour.

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