Given the current circumstances, I'm considering venturing into farming but I require guidance on important factors to take into account. I'm keen on avoiding financial losses, especially since I have a limited budget of only 200k. My plan involves using this budget to rent land and also hiring farmers to assist. Could you provide some advice on this?

oblolu4u:
Given the current circumstances, I'm considering venturing into farming but I require guidance on important factors to take into account. I'm keen on avoiding financial losses, especially since I have a limited budget of only 200k. My plan involves using this budget to rent land and also hiring farmers to assist. Could you provide some advice on this?

At raining period.

oblolu4u:
Given the current circumstances, I'm considering venturing into farming but I require guidance on important factors to take into account. I'm keen on avoiding financial losses, especially since I have a limited budget of only 200k. My plan involves using this budget to rent land and also hiring farmers to assist. Could you provide some advice on this?

200k for farming, maybe vegetables on a small sized land. Labour is expensive, chemicals for spraying, manual weeding etc.

Use that 200k for farm retail business is better. Find non perishable agric products buy in large quantities and resell. Garri, oil palm, snail, yam, potatoes, cassava derivatives etc

Now until rainfall peaks.

nurey:


200k for farming, maybe vegetables on a small sized land. Labour is expensive, chemicals for spraying, manual weeding etc.

Use that 200k for farm retail business is better. Find non perishable agric products buy in large quantities and resell. Garri, oil palm, snail, yam, potatoes, cassava derivatives etc

Exactly. So many things to consider. Do you have access to water