Thoughts on "business analysis organic pesticide"
When attempting to analyze the business opportunity in the field of organic pesticide, there are many things an entrepreneur should consider. Many are industry specific like export and language requirements on pesticide labels, while others are similar to any other type of business. It is best to perform a SWOT analysis. For those who do not know what a SWOT analysis is. SWOT is an anagram for Strength, Weaknesses, Opportunities and Threats.
Organic
Let's start with the Strengths. What is the strength of your business proposition. Is it that your organic pesticide is better for the environment. These may be the way to in a green state very health conscious such as California. California pesticide laws are very stringent and would make organic pesticides a much more profitable business. Or is your strength that your pesticide can be made at home. Homemade pesticides are becoming more and more popular. Whatever you strength is, make sure you identify it. It will be what separates your business from the pack. here are some ideas that would have great market potential for strengths.
* 1. homemade pesticide
* 2. lawn pesticide
* 3. child safe pesticide
* 4. termite pesticide
* 5. exotic plant pesticide
* 6. organic pesticide
* 7. and many more.
Weaknesses, and pitfall (pesticide registration, certification, labeling, testing...)
Now that you have your strength let's focus on potential weaknesses and pitfalls. Weaknesses can be anything that could stop you business from being successful. Poor technical expertise in pesticides, limited capital, poor book keeping. It might be the difficulty of getting pesticide certification, pesticide labeling, or the cost of pesticide testing. All these are significant factors in the undertaking of your business. for government info on labeling, registration and testing visit the EPA website for pesticide control at
http://pmep.cce.cornell.edu/regulation/index.html
http://www.epa.gov/fedrgstr/EPA-PEST/2001/December/Day-14/p30820.htm
New opportunities for organic and non organic pesticides.
Opportunities are the future potential for growth in your sector. If there is no room for growth, there is no room for YOU. Do not fight an uphill battle. fortunately organic pesticide is a growing market with environmental concerns. discover opportunities for growth and you plan could begin to take shape.
Threats- who else is making organic pesticides and are they better?
Thoughts on Business Analysis of Organic Pesticide
Threats are your competition in the marketplace and potentials for failure. Non organic pesticide markers, homemade pesticide makers, new negative legislation, and many more things can threaten you business. Now that you have a general overview of how to do a preliminary business analysis for an organic pesticide venture. Get digging and do some more research. Make sure to sign up for our Pesttone.com newsletter for tons of information on the pesticide industry such as white papers and industry events. For more info on how to make a strategic business plan. I would recommend checking out this website. Please visit us for more info at [http://www.pesttone.com]