HOW PROFITABLE IS POTATO FARMING?
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...