Palm Biz

Here, you’d learn everything about creating a sustainable palm business, making money off palm and basically knowing how palm can change your life.

The palm tree has being regarded as the most useful trees in the world. Every single part of this unique tree can be used to create one form of business or the other. This is how you would learn all this:

Let's get right to it.

Business Ideas

A lot of things can be done with the Palm tree, here are a few ideas to help you tap into the wealth in this tree.

Raffia

As a means to an end, you can consider making a wide variety of products from Raffia. These can include:

Baskets
Lamp Holders
Hand fans
Make-up kits

Go to the gallery to see pictures of some of these pictures.

Bio-gas production

The market demand all over the world for bio-gas is on the rise. Large corporations are seeking more efficient ways to power their equipment. Bio-gas can be easily produced by gathering emtpy palm bunches and allowing them to ferment with the aid of some chemicals. Do your research and get on it!

Palm oil production

This is clearly the most obvious business venture from the tree. It's a very profitable venture which needs no further introduction. The ball's in your court.

Palm kernel oil production

Most people do not know this, but there is another form oil that can be obtained from palm fruit processing. It is called palm kernel oil and is obtained from the palm kernels. This oil can then be used to produce value-aded products such as:

Soap
Perfume

And many others.

Sample Business Model

Going into a business without a proper business model is like fetching water with a basket. You need a business model to ensure you dont make silly mistakes and lose the hard-earned money you put into the business.

We'll give you a sample business model, which you can feel free to adopt.

Partnerships

Your customers need to be assured that your product will meet their standards. This would be done through Marketing, Branding and Advertising. This can be achieved through partnerships with popular stores e.g. Shoprite, Eateries such as KFC, Sweet Sensation etc.

Key partners could include research institutes and banks such as the Bank Of Agriculture.

Business Requirements

Here the requirements for completion of the business should be included. For example, with respect to loan plans, the best plan would be micro loans as they might be more feasible for the small-scale business you want to create. What are the processes for obtaining these loans?

Key Activities

Here the major functions you would perfom in your business would be included. For example:

Sales
Marketing
Branding
Production
Transport

These activities should be re-worked constantly to ensure seamless proceedings and filtering of unneeded processes.

Resource Personnel

This is basically the foundation of your HR department. You need to detail every personnel you need and be clear about their tasks. Streamline this list and do not over-staff or under-staff your workplace. For a start, your personnel might just be you and your next of kin. This will most likely happen. You still need to detail the staff you will need.

This model is clearly not complete, but it's just a sample. Build on this and constantly develop your own personal model.

Sustainability Models

Every business hopes to be sustainable, but achieving this goal is always proving problematic. Let us help you shape a better future for your business by teaching you sustainable principles.

What is Business Sustainability?

Business sustainability refers to business models and managerial decisions which are based on financial, environmental and social concerns. Sustainable companies:

Create long-term financial value.
Care about their employees, customers and communities and work to make positive social change.
Realise how the actions adversely affect the environment and work to reduce their effect.

Ways to a sutainable business

A few factors affect whether your business lasts or not.

Build your business based on your belief/core values.
Focus on creating a value proposition.
Be open to change.
Constantly reinvent your business
Consider certain factors such as supply chain, production, packaging, distribution an administration etc.
Don't overspend.
Reduce costs and save.