Feasibility Study on Cassava Production in Nigeria

I want to start a Cassava production business, and I think I need guideline and procedures from leaders like you here, who also want others to succeed and make it in life.

1.  What is the likelihood of making it in this business?

2. What are the procedures or requirement to start the business?

3. What are the risks involves?

4. What are the measures to take in order to avoid being run bankrupt?

Thanks in anticipation of your favorable replies and also needed other necessary info about the business

New Member Asked on March 31, 2018 in Agriculture.
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      Cassava production in Nigeria is largely by subsistence farming and Nigeria is currently the largest producer of cassava in the world.

      Read this article below and let me know if you need anything else

      Expert Consultant Answered on March 31, 2018.
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        1.  What is the likelihood of making it in this business?

        Cassava products and food is by far one of the most consumed food in Nigeria. In other words, cassava has the largest market share in Nigerian food business. People eat in different forms – Garri, Fofo, etc. The likelihood of making it in cassava farming business in Nigeria is very high due to the high demand of based food in the market.

        2. What are the procedures or requirement to start the business?

        Get a suitable farmland in a good farming location. Make sure the land is fertile and cheap, so that you don’t waste much money only on land. Clear your farmland, get the suitable cassava stem to plant. For more details on cassava planting and the proper spacing, see the link above.

        3. What are the risks involves?

        The risks are bad management, poor planning, and lack of good knowledge. Before you proceed to start your cassava farming business, make sure you plan very well and acquire some more knowledge. Picking bad cassava species and poor farming land could plunge you into failure. Select your land and cassava species carefully.

        4. What are the measures to take in order to avoid being run bankrupt?

        Manage your farming very well. Take it serious like a real business that it is. Study the farm land and make sure you planned adequately on what you intend to do with the cassava after harvesting. Are you going to sell it raw or do you plan to process it into final products. These, you must decide and plan in advance.

        Pro Consultant Answered on April 1, 2018.
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