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Business strategy
Challenges to eradicate to have a successful Agribusinesses
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[QUOTE="Augusta, post: 273938, member: 25283"] Just like any other business, agricultural businesses has its own challenges that you need to figure out ways to eradicate or put under control if you want to make a success of your agricultural business. So what are the challenges confronting agricultural businesses. Dearth of mechanized equipment: With lack of mechanized equipment like tractors, pulleys, it's hinders the high production of crops. These mechanized equipment are meant to make farming work easier and faster. . Lack of adequate Finance: Anothet is financing you would need funds to purchase land, seeds, rent or buy mechanized equipment, rent or buy storage and transportation facilities but funds are limited here. Pest problems: crops are disturb by pests which affects farm output and low yield. Lack of storage facilities: Another important thing in the agricultural sector is storage facilities as they help in the preservation of farm produce but lack of it is a challenge storage Natural disasters: Another challenge of the agricultural sector is natural disasters which includes drought, flood, erosion, etc They damage farm crops. [/QUOTE]
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