You have an affinity for plants and flowers, and you would like to start a nursery. That is an excellent idea as you would love to own one. However, there are plenty of things to plan and learn when it comes to starting any business. Even if you are familiar with how companies run, and even if you have another unrelated business, there are many things you must find out what it takes to begin a plant nursery. Prepare yourself as well for the fact that running a plant nursery takes work, effort, as well as time. That means if you grow several plants, you will want to ensure that you sell as many plants as you grow. Let’s now begin with what you need before starting a plant nursery.
You Don’t Initially Need A Lot Of Money To Start A Plant Nursery
The great thing about starting a plant nursery is that you do not need too much money except for legal fees right when you begin. That is because you will start the plant nursery in your backyard, which costs you zero dollars. Of course, you need to consult with a business lawyer to ensure that you have the proper licenses and permits to run a nursery. You need to come up with a name for your plant nursery, and you will want to ensure that no one has the exact name. A business lawyer will help you with that. You are right now experimenting with what kind of nursery you want to run; you can go and buy some seeds and grab some root divisions and cuttings for free that you will find in the dirt.
You will also want to find which plants you like the most, which takes some experimentation. Start by planting ten plants and see if you can sell only a few. However, you will want to ensure that you have a proper business permit before selling any plants. All businesses begin in an experimental phase, and once you find an aspect of it successful, that will be your focus. The same applies to a plant nursery. Once you begin to grow more plants and sell more of them, you will know a lot more about managing your plant nursery. You’ll discover if you prefer to grow your plants in beds, pots, outdoors, or greenhouses. That is when you will need to prepare yourself to invest in it more.
Narrow Down How You Want To Run Your Plant Nursery Business
You are past the experimental phase of your plant nursery business. Now you have an idea of where you want to go from there. If you’re going to keep running your business from your backyard, and if you have the room to do so, then that is the least expensive way to go. But, of course, that means you will only run your business, and you will not have any employees except for family members or a friend helping you. Of course, you may put them on the payroll, but that is something to not worry about yet.
However, if you prefer to move it a step further and use a greenhouse, prepare yourself to take out a much larger business loan as it can cost up to $100,000. You will also need to budget for soil, water, chemicals, and other necessities to run and maintain your nursery.
The recommendation is to start it as a part-time business even if you hope to make the plant nursery business full-time. You cannot predict how the company will evolve, which is why you don’t want to quit your job when you start your plant nursery business. You also must remember that you must invest time to run it properly when you have the business as a side business.
Know Your Target Market And Set A Marketing Budget
The key to success for any business is knowing your target market, and your plant nursery is no exception. For example, do you want to target lawn care business owners or landscapers? That would be an excellent group to target. You could also target homeowners that wish to maintain their garden or those who are looking to start growing a garden. You will also need to become transparent with your price point. Who can help you market your plant nursery business? You will want to look for digital marketers that specialize in the outdoors and gardening niche. You can search for them and ask for recommendations. Therefore, the company can build you a website and do social media marketing and other forms of marketing.
Traditional marketing tactics will work, too, such as sending out flyers or direct mail. The point is that you want to get the word out there that you run a plant nursery, and the best time to advertise can be at any time of the year. However, if you want to strike it at the best time, do some marketing in the late winter and early spring.
If you decide to start a plant nursery, you don’t need much money to begin except for having a budget to pay for legal fees and permits. You can always start the nursery in your backyard, and you will find from there how you want your plant nursery to evolve. However, at some point, you will need to create a budget for other costs you will need such as the cost of soil, chemicals, and water‘. In addition, if you want to invest in a greenhouse, that will cost extra money as well.
Finally, you will need to know your target market and create a budget for marketing. The recommended thing to do is to start your plant nursery as a side business, and if it becomes highly successful, you may be able to run it full-time if that is what you want. Either way, best of luck with your plant nursery!