Presentation on theme: "Farmer Entrepreneurship: What are we talking about Presentation by Joel M S BALIDDAWA Africa Services Group Ltd."— Presentation transcript:
Farmer Entrepreneurship: What are we talking about Presentation by Joel M S BALIDDAWA Africa Services Group Ltd
Farmer entrepreneurship: What are we talking about? Different types of farmers Key drivers to run your farm as a business How to make farming more productive, more profitable, more sustainable and more resilient? Response Discussion panel
Different types of farmers Crop Farmers (“Abalimi”) Livestock Farmers (“Abalunzi”) Food – Maize – Beans – Sorghum – Fruits, etc. Non-Food – Tobacco – Hay, etc. Cattle – Dairy – Beef Goats – Dairy – Meat Pigs Chicken Fish Others
Different types of farmers Subsistence / Peasant Farmer – Farms for survival and to meet basic needs. Commercial Farmer – Farms with deliberate purpose to meet an identified and quantified market need and to make a profit. Prestige / Pleasure / Hobby Farmer – Likes the idea of being a farmer but does not need to farm for either survival or to make a living, but simply for enjoyment.
Different types of farmers Some important things to note: Most livestock farmers are crop farmers too in one way or the other – think of pasture as a crop harvested by people or animals for animal feed which must be managed. Crop farmers can benefit from livestock – e.g. animal wastes composted to generate fertilizer Similarly livestock farmers can benefit from crops – e.g. recovering and processing crop residues into animal feeds In their farming activities, breeders reproduce genetic material – e.g. livestock breeders; seed producers
Different types of farmers Product / Enterprise Subsist- ence / Peasant Commer- cial Prestige / Pleasure / Hobby LivestockCattleDairy Beef Goats Pigs Chicken Fish CropFood Maize Beans Sorghum Non- Food Tobacco Hay Where do you fall?
Key drivers to run your farm as a business First and fore-most … is there a market for your products – i.e. can you produce what the market wants ; not what you think the market wants. If so: Where is this market? What is the size of the market? What is the nature (structure / segmentation) of the market?
Key drivers to run your farm as a business Do you have a strategic focus – i.e. do you know where you are going? Do you have technical direction – i.e. do you know what to do, when and how? Are you equipped to do what you have chosen to do – i.e. do you have what is required in place – i.e. Do you have the required Technology / Best Practices Do You and your Employees have the required skills
Key drivers to run your farm as a business Do you have clear financial goals and objectives Understand that the business’ money is not your money Clearly define your revenue and profit targets and how they will be achieved Revenue Profit Set up systems to ensure proper financial management Respect the systems in place.
Key drivers to run your farm as a business Have you put in place strong governance systems and procedures – avoid a one-man show Clearly define the boundary between yourself and farming business Define the rules and regulations that will govern your business Always respect the boundaries, rules and regulations
Thank you for listening! Joel M S Baliddawa Africa Services Group Ltd UWEAL House 38 Lumumba Avenue P.O. Box 5203, Kampala Uganda