Real estate located on rural land covers a wide range of activities for the development and proper use of land, such as agriculture, livestock, tourism, recreation and sports. This provides a wide field of action for the management of profitable businesses on farms. These are characterized according to their location, climate, accessibility and availability of basic services such as water and electricity.

Rural farms are of special interest to entrepreneurs, investors and businessmen. Well, they offer profitability and enable the revaluation of the land in the long term. For this reason, we will talk about what business to do on a farm and about some ideas to earn money with a property in the countryside.

 

Five profitable farm businesses to start in Nigeria 

 

The value and profitability of businesses in rural farms varies according to the activities carried out there. Also, they are determined by the geographical characteristics of the place and the terrain. Next, we will see five profitable business ideas on farms to undertake.

1. Rural tourism

 

According to the UNWTO (World Tourism Organization), rural tourism refers to leisure activities carried out in non-urban spaces. Its objective is to provide an experience of interaction with rural ways of life, traditions and culture . There, a wide spectrum of agricultural activities, fishing and visits to places of interest are covered. Within this typology of tourism, other forms of rurality are derived, such as:

  • Agrotourism
  • Ecotourism
  • Adventure trip
  • Agroecotourism
  • Community rural tourism
  • Ethnotourism
  • Sports tourism

All of them are conducive to carrying out on a farm or in nearby attractions. Well, these places can be adapted to offer services such as:

  • Environmental contemplation
  • bird watching
  • country lodging
  • Sowing and cultivation workshops
  • Ecologic walks
  • farm activities
  • agricultural routes
  • Sport fishing
  • Marketing of local products
  • traditional gastronomy
  • extreme sports

Rural tourism represents an alternative to the typical sun and beach tourism and is very attractive for people seeking tranquility . Likewise, it is a way of contributing to the appreciation of natural wealth and the recognition of the work of the field. For this reason, it is considered one of the most successful profitable farm businesses with a growing demand.

To start it, you must comply with the legal regulations and carry out the formal registration of the enterprise before the office or ministry of tourism in your country. In addition, tourist farms must have certain sustainability criteria that guarantee the care of the environment and the conservation of resources.

2. Agriculture

 

Many of the profitable businesses on farms are engaged in agriculture because they have fertile land for cultivation and food production. So much so, that a large number of entrepreneurs and investors decide to target this market due to its enormous growth potential. And furthermore, for its facility to incorporate state-of-the-art technologies for the optimization of production processes. 

 

To start this business, you must first inquire about the characteristics of the land and the crops that can be planted. Then, prepare the land to start planting and prepare a small market to store the fruits of the harvest. Also, it is important to have the proper infrastructure and machinery to carry out the activity satisfactorily. Some of the agricultural uses that rural farm businesses can focus on are:

  • Organic fruits and vegetables
  • Rain-fed crops
  • florist
  • organic cosmetics
  • Rice paddy

3. Livestock

 

Livestock farms are dedicated to raising animals for consumption and obtaining dairy products, meat, skins, etc. A large percentage focus on raising cattle and pigs, while many others specialize in sheep, goats and horses . Also, we find those that involve livestock with smaller animals such as rabbits, birds, ducks and bees.

Livestock is considered one of the most relevant profitable businesses on farms worldwide. This is an activity of the primary sector that meets the needs of large industries .

To start a livestock farm you must carry out a market study and analyze the behavior of the competition, in order to determine the kind of cattle and the type of livestock that you are going to work. Well, this can be intensive, extensive and grazing depending on the area and characteristics of the land.

For its part, some of the equipment and elements required in livestock are:

  • Specialized machinery (mixers, haymakers, feeding plants, purifiers, scales)
  • Drinkers and feeders
  • cages and fences
  • Irrigation systems
  • Containers, trays and baskets

Also, it is vital to have qualified and specialized personnel in the different areas of work. In order to guarantee optimal living conditions for the animals, quality production processes and constant maintenance of the farm.

 

4. Country house for rent

 

We have already seen that rural tourism is growing by leaps and bounds thanks to the preference of travelers for experiences in natural spaces . So many seek to spend their vacations, weekends or holidays away from the city. That is when the country accommodations become an excellent option to enjoy leisure activities. Well, hundreds of people rent country houses to spend these seasons with their families or friends in a quiet place.

In this business it is important that the farm is easily accessible and that it is located close to supermarkets, restaurants, parks and tourist sites. In addition to being adequate as best as possible so that guests feel comfortable. That is, they can enjoy basic services as well as some amenities such as:

  • Garden
  • barbecue area
  • Swimming pool
  • Cable TV
  • Wifi

You should also make sure you set fair rental prices according to market trends and the season of the year. On the other hand, you can take advantage of digital platforms such as Booking and Airbnb to promote your accommodation. Don’t forget to be very specific with the description, location, price, related services and provide photos of the place.

 

5. Animal daycare

 

To close this list of profitable businesses on farms we have animal daycare centers. An essential service in pet care because they are considered an essential part of the family. For this reason, the pet market, especially that of dogs, has grown exponentially in recent years. Coming to present a high demand for the following products and services:

  • Food and nutrition
  • recreation and entertainment
  • spa and beauty
  • Clothes, toys and accessories

In the same way, more specialized services related to the training, education and training of dogs are required. This intensifies the interest of the owners for a diverse offer that guarantees the care of their dogs under optimal and safe conditions. Therefore, a dog daycare turns out to be the perfect option for this, especially if it is located on a rural farm. Well, in these spaces the furry ones will have different outdoor areas available to enjoy and be cared for.

In this business it is important to have a vocation and passion for animals since each dog is different and has particular needs. In addition, you should have trained veterinary staff available to cover any emergencies. Among the common services offered in a dog daycare are school and hotel

Final words

 

Undoubtedly, rustic farms represent various business opportunities within large industries that are always on the move. Such is the case of tourism, agriculture and livestock, which provide essential services and products in daily life. Likewise, they are strong drivers of the economy and contribute to the development of regions and communities.

If you are an entrepreneur interested in investing in the countryside, do not miss the opportunity and take advantage of the benefits of rural land. We hope that this guide will help you to choose the idea that best suits your budget, interests and needs. Good luck!