Managing your spinach business
To be successful in spinach farming;
- Keep good spinach 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 spinach farmers for better knowledge and spinach prices.
- Get a KEBS certificate to sell spinach to supermarkets and big buyers that process spinach.
- Contract growing: find a spinach buyer before planting and plan for them to buy your spinach when you harvest. Find out how much the buyer wants to buy. This will tell you the prices to package in.
- Invest your profits back into the business to ensure that it grows. Don’t use business money for yourself. The business should pay you a salary. Use that for yourself.
- 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.