SAMPLE OF A PLANTAIN PLANTATION BUSINESS PLAN
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You are in the right place. We are very lucky in Nigeria, you know why? It’s because our soil is suitable for plantain plantation.
I am going to give you 7 steps your plantain plantation farming should revolve around.
1. Conduct Your Research
Your research exposes you to the most suitable area to start your Plantain farm; it will give you idea of where to get plantain seeds (suckers) and how to market your plantain.
2. Write Your Business Plan
Your business plan should be able to capture all the strategies you would use to run your plantain farm business, your vision and mission statement and your expansion strategies et al. Am sure you have something in mind. You know what you want.
3. Acquire Suitable Land and then Prepare the Land
Plantain is known to grow only in regions with tropical climate. So, if you want to start your own plantain farm, you must make sure you acquire suitable land with the right soil composition for your plantain farm. On the average, you might need at least 2 hectares of land if you want to go into commercial plantain farming.
Once you have been able to secure a farm land, the next thing that you should do is to prepare the land. In preparing your land for your plantain farm you might have to adjust the PH value of your farm land if it is not suitable. Also in preparing your land for plantain farming, your laborers would have to dig holes all over the land where the suckers (plantain seeds) will be planted.
4. Source for suckers (plantain seeds)
One key factor that can affect your plans to start your own plantain farm is how to source for suckers (plantain seeds) in large quantities.
5. Hire Laborers
Running a plantain farm is not a business that an individual could run alone. You would need laborers to help you. You would need laborers to help you in clearing and preparing your farm land, you would need laborers to help you in planting the plantains, you would need laborers to help you in watering your plantain farm, you would need laborers to help you weed your farm and also to help you during harvest. If you think only you can do this, it’s far way too much than you can carry alone
6. Make Plans for Harvest
One thing about plantain farming is that if you are not apt in harvesting your plantain when they are due, they might become over ripe and get rotten (spoilt) and that may mean bad business for you.
7. Market Your Plantain
The market for plantain is large and as a plantain farmer, you must explore all the available avenues to sell your plantains as soon as they become ripe for harvest. You can market your plantain to food processing companies, and you can market it to plantain retailers.