Managing your coriander business
To be successful in coriander farming;
- Keep good coriander records to help you manage your business well. Records help you see where the money is coming from and going to. Do not mix or use business funds for personal needs. Open a business savings account to keep money safe for when it is needed. Make sure you pay back your loans on time and stick to your money plans.
- Join a farmers group to work with other coriander farmers for better knowledge and coriander prices.
- Get a KEBS certificate to sell corianders to supermarkets and companies that make spices.
- Contract growing: find a coriander buyer before planting and arrange for them to buy your coriander when you harvest. Find out how much the buyer wants to buy. This will tell you how to package.
- Invest your profits back into the business to ensure it grows. Don’t use business money for yourself. The business should pay you a salary. Use that for your personal needs.
- From the profits you get, start another business, such as a chicken farm. This gives you security if one of your other businesses has issues or fails.