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Showing posts from December, 2023

HOW PROFITABLE IS POTATO FARMING?

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Written by Elfas Mcloud Zadzagomo Shangwa (Hunter) Potato Farming and Processing Project in 4 Months Cash Flow Forecast and Profits for a 4 Hectare Using $100,000 Potato Farming and Processing Project in 4 months Startup Expenditure (Budget): When it comes to calculating the cost of starting a commercial potato farm with a potato processing plant, some key factors should serve as a guide. Factors such as the capacity of the potato processing plant you want to own and the size of the commercial potato farm. Given that, here are some of the basic areas we will spend our startup capital on in setting up our commercial potato farm; The total fee for incorporating the business will amount to – $375. The total cost for payment of the insurance policy covers (general liability, workers’ compensation, and property casualty) coverage at a total premium – $400 The amount needed to acquire/lease a farmland – $1,500 The amount required for preparing 4 hectares of farmland – $750 The cost for acqu...

FPI- Executive President's Year-End Report

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    December 16 , 2023   Dear Farmer's,  Partners and Shareholders, I am pleased to present to you the year-end report for  Farmer's Pride International , a leading agriculture company operating across several countries. Although carrying over challenges that started in 2022, the year 2023 has been a transformative and eventful period for our company, marked by significant achievements, challenges, and opportunities. I am proud to report that despite the global uncertainties, we have continued to demonstrate resilience, innovation, and sustained growth across our multi-national operations. Financial Performance: In the face of a complex and dynamic global economic environment, I would like to  report that Farmer's Pride International  has not been able to deliver strong financial performance for the year 2023  due to the slowing down of the start of its investments .  In 2024   we expect  growth that will be driven by our strategic ...