The Best Techniques To Make Money From Coconut Business:

    Coconut is considered to be
among the best plants. It is
because everything from its roots
to its fruits can be used for
making many. If you want to learn
how to make money with coconut,
this article is perfect for you.
How to Make Money in
Coconut?

Coconut farming is a very good
way to make money. It is because
you can almost everything of it.
Its root, its trunk, its leaves and
even its fruits can be sold. The
fruits alone can already bring in
so much money as its fruits are
very useful from its flesh to its
shell.
How to Start?
To start a coconut business, you
have to choose whether what you
want to become. Do you want to
become a producer of coconuts?
If yes, then the first thing you
have to think about is your lot.
The ground must be perfect for
coconuts to ensure the best
products.
What is the Minimum
Capital?
When starting a coconut farm,
you can start with just P10,000
for the seedlings and few
materials needed for the planting.
The capital needed can go higher
depending on the circumstances.
If you already own a lot and it is
already conditioned for the
coconut planting, then you will no
longer have to raise a lot of
capital.
How Much Is My Initial
Expense?
You have to allot a budget for the
acquisition of coconut seedlings to
be planted. Aside from it, you
have to exert effort. Remember
that planting a lot of coconut is
not an easy task. However, it is
rest assured that is more than
just worth it.
What Are the Ways to Raise
Capital?
If you want to raise capital to
make your business big, you can
always rely on bank loans. You
can also go to other financial
institutions such as pension loan
firms, cooperatives and more.
However, they usually require
collaterals such as your ATM,
pension, or other valuable assets
such as car and land title.
How Many Employees?
If you do not have a full-time job
or any other business, you can
just skip hiring an employee for
now. You can just do everything
with the help of your closest
family and friends. However, if
time is the constraint, then you
can just hire one to two
employees to keep the salary
expense at a minimum.
What Are the Risks?
One of the risks in starting a
coconut farm is the wind. Since
coconut trees are tall and thin,
they can easily be destroyed by
strong winds. However, this only
rarely happens. You also have to
keep your coconut trees from
pests as pests are the primary
risk of any farm.
What Are the Challenges?
There are only a few challenges in
starting a coconut farm. It is
because unlike other plants,
coconut does not need to be
pampered all the time. You can
just let it grow on its own.
However, you may still undergo
through minor challenges.
Nonetheless, it is rest assured
that you will be able to surpass it.
How to Promote Your
Products?
Coconut is one of the most
popular fruits in the Philippines.
Therefore, you no longer need to
advertise just to promote your
products. You just need to study
your market to ensure that you
will be able to get more sales and
to earn profit from it.
How to Expand Your
Market?
You can expand your market by
tapping entrepreneurs who might
need coconut fruits for their
product. You can also make your
own charcoal out of coconut
shells. You can expand your
business by venturing into
another coconut business –
coconut shells to be made as
charcoal.
How to Increase Your
Production?
If you want to increase your
coconut production, you have to
plant more coconut trees to either
double or triple the number of
coconut that you are harvesting
every period. This might require
you to have a land expansion or
acquire a new land for another
coconut farm.
What Is the Projected
Income?
The projected income of a coconut
farm is very high. There are a lot
of products you can make from
coconut as well. This is the
reason why coconut farms usually
do not fail unlike other
businesses. This can earn up to
millions of pesos every year