| Food is basic need and it is one of the top in the | | | | market system provide a good and lasting |
| hierarchy of human needs. We consume food | | | | opportunity like has the government provided a law |
| everyday' 3 to even 6 times a day. Thus, food | | | | that requires production of a particular food as an |
| farming is always a promising business. There is | | | | ingredient for processed foods? Or does the market |
| wealth in farming if managed and marketed well. | | | | system is in dire need of production of a particular |
| Look at Vietnam. The country now has grown to be | | | | food because supplies are shortening? |
| a significant U.S. food producer since the American | | | | Second, check the food production itself to see the |
| soldiers left. It has produced many Vietnamese food | | | | viability of meeting the market demand. How many |
| entrepreneurs. In fact, it has exponentially grown | | | | can be produced? As a more responsible joint |
| with an 8.5 gross domestic product (GDP), an | | | | venture partner, you may include checking its viability |
| economic rate better than China and India. | | | | to environmental, health of consumers and life of the |
| From rice to vegetables, farming could offer a vast | | | | farmer. Does the food production use the traditional |
| opportunity including small joint venture. Farming joint | | | | and inorganic pesticides and fertilizers? Does the |
| ventures could range from leasing your land to a big | | | | production waste a lot of water? Does the |
| food company to food marketing partnership and | | | | production is in an environmentally-critical area like |
| simply, food production and supply partnership. | | | | watershed area? Does the production earn a farmer |
| What is gaining popularity in farming is capital | | | | a quality life? |
| ventures, where you just lend an amount of money | | | | Third, calculate the potential and after-production |
| to a farmer to fund his/her food production. The | | | | revenue and agree specifically on a revenue-sharing |
| joint venture will ensure continued food production, | | | | scheme. The scheme can solely depend on the size |
| as long as funding and market continue. | | | | of capital lent to the food production. Carefully put |
| Before lending the money, you should first study the | | | | the joint venture agreement into writing for legal |
| market of the food produced. Does the food has a | | | | purposes. |
| guaranteed market even after 5 years? How large is | | | | Lastly, lend the money. |
| the demand for the produced food? Does the whole | | | | |