One of the most important considerations when growing plants for profit is how to choose the right ones. Make a mistake, and all of your time, money and effort will be wasted. Choose wisely, and you could make enough money to help pay bills, perhaps even to live on. In some cases, growing plants for money can become big business, providing an occupation that is both enjoyable and lucrative. In order to get started, consider your skills and resources and evaluate the market, then choose which plants you want to grow.
- Skill level:
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Consider what space you have available to devote to growing plants for profit. If you have a large area, such as a farm, you can grow almost anything you want. Smaller areas require plants that have a higher value so that selling less of them can still be profitable.
Assess the local market conditions. Look at options for where you can sell your plants. If there is a farmer's market in the area, visit it to see what is being sold already, what there seems to be too much of, and what seems to be lacking. Look at both produce and plants, such as flowers, to determine what people are buying.
Talk to local grocers and restaurant owners to see if they have needs. Ask about the availability of organic produce and herbs. Find out if there are certain things they have trouble getting, and see if they would be interested in buying it if they could get it locally.
Make a list of plants for which there is a demand and you have room to grow. Only list plants that can grow in your climate, unless you have greenhouse space available.
Select a few of the plants on your list to begin with. It is best to keep the number down to no more than three for your first season, to give you a chance to get established.
Tell potential customers about your plants before it is time to harvest them. Build a customer base in advance to make selling easier. Show photos of your plants and be prepared to talk about what makes your plants special, such as being organic, unusual type, bigger than usual and anything else that sets your garden apart.
Tips and warnings
- Growing plants for profit is mostly about marketing and preparation. There is no substitute for planning and preparation. What you grow is at least as important as how you grow it. Herbs are a good choice if you don't have a lot of space for growing. Many herbs can be grown on a small scale and still be profitable. Try to develop a route for delivery of your produce on a weekly basis, an offer a variety of less common herbs.
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