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Name Er. No.
Godhani Kishor 160140119028
Gohil Divyesh 160140119029
Jambu Parth 160140119031
Joshi Pratik 160140119032
Kharva Tarun 160140119034
1
Starting in The Nursery Business
2
Why Nursery Business
• One reason for this interest is that the nursery industry has
experienced a steady increase in wholesale and retail sales over the
past 40 years.
• But that’s not the only reason. Many people have an interest in the
environment and are attracted by the prospect of working outdoors.
• Others are interested in landscaping to enhance the aesthetics and
value of property.
3
What you’ll need?
• Expertise in all phases of plant production from propagation to post-
harvest handling (like farming, growing nursery crops requires hard
work and long hours).
• You’ll need to be able to handle employee management, financial
management, marketing, and sales.
• Large capital investment to cover the cost of land, equipment,
buildings, supplies, labor, and stock.
4
Developing a Nursery Business
Plan
 Determine the type, market, location, site, design, and size of your
operation.
 Establish specific details on equipment and employee requirements,
operational costs, estimated pricing schemes, projected return on
investment, and asset availability.
 An organized business plan is really a road map to business success, a
set of guidelines for operating your nursery business. And your chance
of successfully arranging financing from banks, private money-lending
institutions, private investors, or government programs will be greatly
enhanced if you have an organized, comprehensive business plan.
5
Defining the Market
 Five possible approaches to defining your market and customers
are:
• Define the types of customers within your target market
(average salary, average number per household) based on
census and local Chamber of Commerce data;
• Determine customer preferences for products and services
through questionnaires and by investigating the local
competition;
• Use local and national industry association data and commercial
publications to determine market trends;
• Anticipate future preferences on the types and number of
plants to grow; and
• Promote plants which you or other colleagues consider
outstanding.
6
Choosing a Business Location
• Consider proximity to other nurseries, to major cities, and to
highways.
• Transportation facilities, distance to market, competition,
availability of reliable labor (full-time, part-time, and seasonal), and
availability of inexpensive land for future expansion.
• Present and future regulatory status of the area (e.g., zoning,
taxation, labor relations, environmental issues, and product
inspections).
7
Labor Requirements
• The number of employees you need in the nursery will depend on the
size of your operation.
• Starting with fewer personnel gives more time for training and
requires less financing. Mistakes will also be less likely and less costly.
• The nursery business is inherently a seasonal activity with extended
labor needs during the fall and spring.
• By diversifying the types of products (e.g., container-grown plants)
and services (e.g., landscaping) offered, you can increase sales and
reduce down-time of seasonal and part-time labor (e.g., migrant
workers and students).
8
Government scheme
 Credit linked back-ended subsidy @ 40% of the total project cost
limited to Rs. 50 lakh per project in general area and @ 55% of project
cost limited to Rs. 60 lakh in Hilly and Scheduled areas.
(source: http://nhb.gov.in/schemes/subsidy-claim-guidelines.html)
9
Conclusion
• Starting a nursery business is an exciting and complex process. And it
can be personally and financially rewarding—if you take the time and
make the effort to learn the business and develop a closely reasoned
and comprehensive business plan.
• In other words, you’ll be much more likely to achieve success in the
nursery business when you look before you leap.
10
THANK YOU
11

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Starting nursery business

  • 1. Name Er. No. Godhani Kishor 160140119028 Gohil Divyesh 160140119029 Jambu Parth 160140119031 Joshi Pratik 160140119032 Kharva Tarun 160140119034 1
  • 2. Starting in The Nursery Business 2
  • 3. Why Nursery Business • One reason for this interest is that the nursery industry has experienced a steady increase in wholesale and retail sales over the past 40 years. • But that’s not the only reason. Many people have an interest in the environment and are attracted by the prospect of working outdoors. • Others are interested in landscaping to enhance the aesthetics and value of property. 3
  • 4. What you’ll need? • Expertise in all phases of plant production from propagation to post- harvest handling (like farming, growing nursery crops requires hard work and long hours). • You’ll need to be able to handle employee management, financial management, marketing, and sales. • Large capital investment to cover the cost of land, equipment, buildings, supplies, labor, and stock. 4
  • 5. Developing a Nursery Business Plan  Determine the type, market, location, site, design, and size of your operation.  Establish specific details on equipment and employee requirements, operational costs, estimated pricing schemes, projected return on investment, and asset availability.  An organized business plan is really a road map to business success, a set of guidelines for operating your nursery business. And your chance of successfully arranging financing from banks, private money-lending institutions, private investors, or government programs will be greatly enhanced if you have an organized, comprehensive business plan. 5
  • 6. Defining the Market  Five possible approaches to defining your market and customers are: • Define the types of customers within your target market (average salary, average number per household) based on census and local Chamber of Commerce data; • Determine customer preferences for products and services through questionnaires and by investigating the local competition; • Use local and national industry association data and commercial publications to determine market trends; • Anticipate future preferences on the types and number of plants to grow; and • Promote plants which you or other colleagues consider outstanding. 6
  • 7. Choosing a Business Location • Consider proximity to other nurseries, to major cities, and to highways. • Transportation facilities, distance to market, competition, availability of reliable labor (full-time, part-time, and seasonal), and availability of inexpensive land for future expansion. • Present and future regulatory status of the area (e.g., zoning, taxation, labor relations, environmental issues, and product inspections). 7
  • 8. Labor Requirements • The number of employees you need in the nursery will depend on the size of your operation. • Starting with fewer personnel gives more time for training and requires less financing. Mistakes will also be less likely and less costly. • The nursery business is inherently a seasonal activity with extended labor needs during the fall and spring. • By diversifying the types of products (e.g., container-grown plants) and services (e.g., landscaping) offered, you can increase sales and reduce down-time of seasonal and part-time labor (e.g., migrant workers and students). 8
  • 9. Government scheme  Credit linked back-ended subsidy @ 40% of the total project cost limited to Rs. 50 lakh per project in general area and @ 55% of project cost limited to Rs. 60 lakh in Hilly and Scheduled areas. (source: http://nhb.gov.in/schemes/subsidy-claim-guidelines.html) 9
  • 10. Conclusion • Starting a nursery business is an exciting and complex process. And it can be personally and financially rewarding—if you take the time and make the effort to learn the business and develop a closely reasoned and comprehensive business plan. • In other words, you’ll be much more likely to achieve success in the nursery business when you look before you leap. 10