Opening your business is always a new and exhilarating experience, there are so many business options to choose from. Although, it goes better if you start by doing something that you love. If you are fond of growing vegetables in your back garden, then you can convert your passion into a business idea. Once you learn how to start a vegetable garden business, you just have to build a business plan and you can be on your way. Shalooka Business Guides acknowledges the need for a business guide on this unique idea and hereby presents you with some solid ideas on starting your vegetable garden business.
Starting your backyard garden business is not just for passion, it is also a very profitable business venture. Based on the vegetables you choose to grow; you can earn even a 200% profit if you sell to the right kind of markets.
What are the Pros and Cons of Starting a Vegetable Garden Business?
Vegetable gardening is a fast-paced business industry that can help you save customers money, eat healthy products while you simultaneously make a profit and help the environment. Before you learn how to start a vegetable garden business, you need to know the advantages and disadvantages of the industry. Here are the pros and cons of starting a vegetable garden business.
Pros of Starting a Gardening Business
- Customers who are health conscious are demanding organic vegetables, which in turn leads to a rise in demand for the vegetable gardening business.
- The profit margin is quite high on almost all the vegetables.
- You don’t just have to sell to individuals, you can even partner up with landscapers, garden shops, and other local institutions who need fresh vegetables regularly.
- Become an expert in multiple niches such as native plants, exotic vegetables, and organic vegetables.
- Grow vegetables that are environmentally friendly and provide healthy food to people you sell to.
Cons of Starting a Gardening Business
- As the industry is profitable, you will have to fight with some big competitors such as Home Depot, and large local and country-wide vegetable garden businesses.
- It may take a lot of time to find the niche that suits your goals.
- You can’t sustain your business if you don’t have enough knowledge of vegetable gardening.
- Need to spend a lot of money on equipment such as organic materials, pesticides, and gardening tools, etc.
- Your business may become slower if you live in an area affected by seasonal climate.
- May require a number of state licenses, certificates, and tax licenses to start your business.
Let’s be honest here, the pros outweigh the cons of starting a vegetable garden business. You can get all the benefits of the business once you understand what is the best way to plant a vegetable garden?
What Tools do You Need to Start a Vegetable Garden Business?
If you already have a passion for growing vegetables, then you understand how complex and delicate the process can be at times. A vegetable garden requires constant care, to know how to start a vegetable garden business, you need to understand how certain weather affects specific vegetables, what tools you need, and how to keep the vegetables alive.
Apart from a solid profit margin, grading even helps in reducing stress, provides calm, etc. As more and more customers are switching to an organic lifestyle, the demand for a vegetable garden is growing. The answer to your question “how to start my first vegetable garden” can be answered by following the right steps. Here are the tools you need to start a vegetable garden business:
- A garden hoe
- A garden rake
- Hand cultivator
- Lawn roller
- Sickle tool
- Hedge trimmers
- Garden fork
- Gardening gloves
- Hand trowel (essential for transplanting bedding plants and herbs)
- Garden hose with an adjustable nozzle
- Watering can
- Business licenses and certificates
BBC has a very good article on basic backyard garden tools.
What is The Basic Setup Cost for Starting a Vegetable Garden?
Learning how much money you need is an important part of learning how to start a vegetable garden business? The exact amount required can vary on a lot of factors, but it is good to have an estimated figure of the basic setup costs.
One of the major expenses in starting your own vegetable garden is the cost of the seeds. Hence, the cost to start your vegetable garden business depends on the vegetable you decide to grow and sell. Here is a basic cost breakdown:
- Horizontal air fans: $1,000
- Environmental control equipment: $4,000
- Heaters, Poly inflation kit, low voltage wiring package, and other protective equipment: $2,500
- Fertilizers (based on your choice of vegetable): $500 – $3,000
- Seeds Packets: $50 – $100 per packet
- Garden vegetable equipment (as mentioned above): $1,000 – $5,000
As we mentioned, the exact amount required will depend on what you are willing to grow and how large you want your business operation to be. If you have been saving money for a long time, then you can launch a large-scale vegetable garden, to do that successfully, you need to follow our guide on how to create a vegetable garden?
What You Need to Know Before Starting a Vegetable Garden Business?
Apart from following the steps on how to create a vegetable garden, you should be aware of external factors that can affect your business. The vegetables you grow mainly depend on where you live, seasonal factors, and local customer demand. However, to keep up with the last factor, you will need to do some basic market research. You can even talk to your neighbors, if they buy organic vegetables and if they do what vegetables do they need the most.
Here are some of the most common things you need to do for your Vegetable Garden:
- Choosing the right location is the first step towards building your backyard vegetable garden business. You should make sure to choose a sunny spot, the same spot should be dry and should not stay wet for too long. It should contain nutrient-rich soil, if you do not have that, you may need to set up a garden bed.
- The next step is to choose the right kind of plot size. It is always a good idea to start small as you can always grow the size as your revenue grows. Starting with 100 square feet is the right choice.
- What is the best way to plant a vegetable garden you ask? The answer is to know what vegetables you want to plant. Some of the easiest to grow vegetables are Lettuce, Green beans, Radishes, Tomatoes, Zucchini, Beets, Chard, Kale, or Peas. There are some specific steps you can follow to make your decision, like what people want, availability of vegetables at local stores, and seasonal changes.
- Every region has different planting times, so knowing when to plant is crucial.
How to Prepare for Launching Your Vegetable Garden Business?
The planning section is done, now you should start the preparation on how to start a vegetable garden business. With the right kind of planning and preparation, you will be able to grow healthy vegetables and turn your passion into a profession. Preparation for launching your full-scale business requires you to number of things:
Choosing a Business Name
The name of your business can do wonders for your operation. You must pick a business name that showcases the business motto & ideologies. Your name should also be easy to remember, if you pick a name that’s difficult to remember, it may become harder for you to promote the business. Once you choose a name, you should make sure that no other business shares the name with you. When you clear all these hurdles, you need to get state licenses, certificates, and complete other necessary paperwork.
Choosing an Ideal Business Niche
There is not just one particular type of vegetable garden business you can try, there are a number of niches you can specialize in. Some special plants are not cost-effective so the profit margin will be lower. You can build your expertise in a variety of garden business types, you can choose to grow purely organic vegetables, and you can choose to do vegetable farming, which is the process of planting and growing crops outside of their natural season. If you’re low on space then you can even build a floating garden.
Building a vegetable garden requires a certain skill set. Vegetable gardens require constant care, and you can’t build a profitable business out of it if you don’t know how to care for your vegetables. If you have just been doing gardening as a hobby and want to learn “how to start my first vegetable garden?” then you should get some experience. If there are any local vegetable garden businesses in your area, then you should try to work under them till you learn how you can care for your vegetable garden. You may also give it a try at personal level first and see for a season how things go.
These are all the steps that you need to think about and prepare for, once you go through all of these, starting your vegetable business can become much easier. Want to learn “how to start a vegetable garden business?” then you need the working experience of the industry. It is almost impossible to sustain your backyard vegetable garden business if you do not know the insides and outsides of the industry.
Launching Your Vegetable Garden Business Officially
Now that you have learned how to start a vegetable garden business by following the steps listed above, it is the right time to start your business. Now is the time for action, apart from building a backyard vegetable garden, you need to take care of other things too. If you are starting a small-scale business, then you probably won’t need an official office space. As you start growing your business, you can get an office space.
Expenses, Cost and Sell Price for your Vegetable Garden
You may even have to incur other expenses if you plan to get part-time workers on your farm. You will even have to invest some money into marketing your business. Another thing to sustain your business is to set up the right type of delivery model after selling your products.
You should also start arranging for start-up costs and should have enough working capital to keep the business going till the profit starts pouring in. It may take some time to get the profits you desire, so you need to have enough money in your bank to keep the business going. You need to figure out your monthly expenses and how much money you need to keep the business going for months.
The next step to launch your business is to find the ideal price point for your vegetables. Choosing the right price for your vegetables is crucial for building a good business model. If your price is higher than your competitors, you won’t be able to acquire new customers, if your prices are lower, customers may suspect a loss of quality. Figuring out the ideal price point is a vital step in learning how to start a vegetable garden business.
Another important thing to do is market research and competitor analysis. Doing competitor analysis is important for your business as basically, no business can survive in the long run without doing the needed market research. Doing market research is vital as it can help you determine the ideal price point, figure out who you will be competing against, know your target audience and so much more. What makes things even better is that you can follow your biggest competitor’s marketing strategy to acquire new customers.
Possible Hurdles in Starting Your Vegetable Garden Business?
Building a business from scratch, gathering all the necessary tools to launch it, and then sustaining it till the time it starts gaining profit is a task not a lot all of us can accomplish. Each business comes with its own set of problems, and it can be tough to keep the business running in the long run.
The biggest challenge faced while starting a backyard vegetable business is to acquire the funds, the cost to start the business can reach up to $15,000. We don’t need to tell you how big of an amount that is. If you do not have the money right now, then you can ask your friends and family for a loan. You can even ask the bank for a loan, if yo
u’re creating employment opportunities, banks won’t hesitate to give you a loan.
If you have just a portion of the amount required, then you can state with the bare minimum tools and equipment. Once you set up the business partially, it will be easy for you to scale your business to bigger heights once you start earning a chunk of profit.
Final Take: How to Start a Vegetable Garden Business?
Learning how to create a vegetable garden can be a tough task. Although if you want to sustain the business, you will need to follow the steps one by one. Choosing the business name, choosing the types of vegetable you want to grow, and acquiring the funds to keep the business working is important.
More and more people are becoming health conscious and choosing organic vegetables over inorganic ones. The demand for organic vegetables is at an all-time high and this is the right time for you to start your backyard vegetable garden business.
How Profitable is the vegetable garden business?
People of all age groups are becoming more health-conscious, and they want to try all kinds of organic stuff. Vegetables also come into that market. You can build and grow your backyard vegetable garden business quickly and gain desired profits. The exact percentage of profit depends on factors like vegetable type, competitors, location, etc.
Can I grow vegetables in one pot or container?
Growing vegetables in containers or pots are not impossible, it all depends on the area and space offered to the plants. If the area is sufficient for plants to grow, you can grow vegetables in a single pot. But if you are growing vegetables like tomatoes, cucumbers then you will need large (20 inches wide) pots. If you do not have an understanding of how this works, then you will need to work with someone who knows more about this stuff.
Which vegetables are the hardest to grow?
Some of the most common vegetables which seem to be a challenge for the farmers are:
How long does it take for specific vegetables to grow?
Each type of vegetable has its own growing period, and the growing time can range from one month to a year. Here are some common vegetables for your reference:
- Radish (30 Days)
- Corn (60 – 90 days)
- Cabbage, broccoli, pepper, eggplant (120-150 days)
- Garlic (120-180 days)
- Beets (35-60 days)
- Zucchini (40-50 days)
- Cucumber and baby carrot (50 days)
- Potatoes (70 days for early varieties, 90-150 days for late varieties)
If you are planning to grow any of the above, you know how long it will take. If you are growing any other vegetable, you will need to do the research before planting the crop.