In the past, agriculture was synonymous with rural business. However, nowadays many people in the city also own this business using the profits from Government Bonds. Moreover, currently there is the modern premium agricultural business.
So what are the ideas for business opportunities in this field? Find the answer in the following informative discussion as a consideration before starting a business in the agricultural sector.
Agricultural Business Ideas
According to the book Introduction to Agricultural Science, Yunus Arifien, et al (2022: 3), agriculture is a human activity to utilize biological resources so that they can produce energy sources, food ingredients, and industrial raw materials.
Nowadays, owning businesses in the agricultural sector to gain passive income are increasingly common. You can also do this by choosing one of the following business opportunity ideas:
- Hydroponics
As you know, open land in urban areas is shrinking. This leads to innovations to continue providing green open spaces. One of them is the hydroponic planting method.
However, not everyone understands this method of planting. Therefore, you can take advantage of this opportunity to sell various equipment related to hydroponics.
Apart from that, you can also offer services for installing hydroponics. So, you can help consumers while growing business profits.
- Medicinal Plants
Currently, public awareness of using herbal ingredients is increasing. Therefore, you can take advantage of this opportunity to start cultivating medicinal plants from the profits from Government Bonds.
There are many medicinal plants that you can choose to cultivate. You can choose one or several of them. This can be adjusted to market needs or your own wishes.
Of course you need to learn the benefits of these medicinal plants. So, you can explain it to consumers when selling it.
- Spices
Similar to the previous reason, public awareness of using natural ingredients to flavor dishes is also increasing. On the other hand, spices have been one of the main commodities of the Indonesian people for a long time.
Therefore, you can take advantage of this opportunity to cultivate spices. You can combine this cultivation with the latest technology to produce quality products.
Cultivated spices can be sold not only to traditional markets, but also supermarkets that sell food ingredients. In fact, you can export these spices abroad.
- Ornamental Plants
Ornamental plants are still one of the most sought-after agricultural products. This is caused by the high demand from people who want to decorate their home area with something green and beautiful.
You can use this as a business opportunity. There are many ornamental plants that you can choose for your business. If you want, you can do business with several types of ornamental plants.
However, you need to pay attention to environmental conditions and the target market. This is because not all ornamental plants can survive in the same environment.
- Organic Vegetables
Currently, many people are starting to switch to consuming organic vegetables because they are cultivated in the most natural way possible. This can affect body health.
You can take advantage of this opportunity to cultivate organic vegetables. You don't need too much land because currently there are various ways to grow it, such as hydroponics.
But before starting this business, make sure you understand what organic vegetables are and how to cultivate them. So, you can serve quality vegetables that suit consumer expectations.
Not just vegetables, you can also build an organic fruit business. The things you need to pay attention to are also similar to the explanation above.
- Agro Tourism
As time passes, people's desire to return to nature is also rising. This is caused by high pollution and dense urban areas, so people want to unwind in open spaces.
Therefore, you can start an agro-tourism business. Generally, the main activities of this business are picking fruit, planting plants, and so on. As time goes by, you can add other activities such as games area.
However, you need to do research first on similar businesses. In this way, you can create an agro-tourism business that is unique and different from others so that it can attract more tourists.
- Agricultural Technology Equipments
The course of the agricultural industry cannot be separated from technology. What's more, technology can improve the quality of agricultural products and make work more efficient.
If you are interested in building this business with profits from Government Bonds, then you need to determine your target market first. You can not only target farmers but also the agricultural product processing industry.
Of course, the equipment sold to the processing industry is different from that of farmers. This can be adjusted to what industry you choose as your target market. However, generally, this industry requires large machines.
- Plant Seeds
Public interest in planting plants has increased since the pandemic. It continues to this day because many people make it a hobby.
In carrying out these activities, people often need quality plant seeds. This is what you can use as a business opportunity.
- Green Houses Construction
Green houses are often built by people who have a hobby in plants. What's more, currently green houses can be used to beautify the design of the house or other activities such as relaxing.
You can take advantage of opportunities like this to build a greenhouse construction business. Of course, you need to know modern greenhouse designs and what plants are suitable for certain designs.
If you have difficulty running this business, you can ask professionals for help. For example, agricultural architects and engineers who are experienced in their fields.
Once you have chosen which business you want to build, then DBS Treasures will support you to make it happen. The way to do this is by becoming a priority banking customer to buy Government Bonds.
There are various benefits you can gain if you make DBS Treasures your wealth management partner. An example is purchasing Bonds with your preferred term and currencies, namely IDR, USD and EUR. Apart from that, transactions are easy to do at any time via the digibank by DBS Application.
Be supported by curated market analysis from a team of financial experts who will communicate it. Seize the latest opportunities that have been tailored to your risk profile and portfolio needs, driven by Artificial Intelligence/Machine Learning (AI-ML). This insight is equipped with curated solutions related to investment (Grow) and insurance (Protect), so you can quickly and confidently invest through your preferred media.
If you are interested in making DBS Treasures a Government Bond investment partner to create an agricultural business, click here for more information.
