The first of course are do You Have a Budget?. From my observation obviously, a venture like this requires finances. If you have a large source of funding available so this may not be a big deal. If not the funding will need to be procured. Have you properly prepared for this? Do you already have a budget in mind and have funding secured? If not, do you at least have a plan in place for how you will fund your new farming system venture?. Of course the budget concerns will continue beyond the initial investment. Starting a hydroponic greenhouse farm is a large business and should be approached with large consideration and forethought. Have you taken the time to really think the whole operation through?. Many of us had read or written a vertical farming business plan and before investing time and money into starting up your greenhouse, you should have a solid plan outlined for how your business will function. The second consideration are do you have Authority?. It was related to if you’re planning on starting a brand new business, this is likely not a concern. The only outside authority you’re likely to need will come in the form of business permits from your local government. But for those hoping to add a hydroponic greenhouse to an existing business though, authority can be a major question. If you want to add a greenhouse to your business, are you authorized to do this yourself? Or is there someone else whose permission you need to acquire? Who in your company is authorized to fund the new venture? Who will procure the land or authorize the use of existing company land assets? Is there someone who needs to authorize the necessary hiring to run your greenhouse? If you can’t make all of the decisions necessary to run a vertical farm, you should get the other decision-makers on board as early as possible.
The third consideration to think is if there a need for a New Hydroponics Business?. If most readers just been reading about all of the amazing things hydroponics and vertical farms can do. Being a self-starter with an entrepreneurial spirit, you’ve decided to start a hydroponics business of your very own. But if you haven’t thought this out all the way through, you need to put on the brakes for a minute. Tere are important for you to do planning how to use the greenhouse . Question of the selling veggies to local supermarkets or supplying high-end restaurants with fresh herbs and leafy greens also important consideration. There are possibilities to directly supply to your local community through a co-op or other organization. Running R&D for your company or university or other authorities when a number of ways these operations can be used, and it’s vital that you know your plan before you get started. Operator also need to consider where you’re going to put your greenhouse. The possibilities are where the vertical farms take roughly an acre and a half of space as minimum size. That’s not really very big compared to some businesses in which it need to make sure that space is available before you get started.
The fourth consideration include what is the Timeline. Once decided to make a business plan, procured financing, and made other preparations than are you ready to go and the answer is: Maybe!. Since the microclimates inside your greenhouses make them season and climate independent, you won’t need to wait for planting season to get started. But you might need to wait for other reasons. Here are a few additional questions you might want to consider in hydroponic vertical farming proposal. It related to either your financing dependent on a specific timeline, how long do you anticipate the hiring process will take, is your land already cleared and prepared for the new structure and how long do you anticipate it will take to negotiate your first contract to sell your produce (if that’s the plan). Other additional consideration include what state and local regulations will need to be considered and are there other considerations that might slow down the process or grind it to a halt altogether. For me if your aim is to start a vertical farming business than the blog writer can salute your ambition and hope your venture will bear fruit, both literally and figuratively. Be sure to do your research, work out a plan, and have all of your financing and authority in place. Thanks..
M Anem,
Putrajaya,
Malaysia.
(Febuary 2021).
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