Some neighborhoods have many stores servicing the same customers
while others have none. Before setting up your store you need to write a
business plan.
Your plan should identify viable store location, rent,
suppliers and funding. Use the business plan to secure bank loans and provide collateral.
Here are a few ideas on how to open a hydroponic store.
Different
Types of Hydroponic Systems
Hydroponic farming uses the irrigation and sub-irrigation
mediums. The two common growth techniques are static solution culture and continuous
flow solution culture technique.
Others include aeroponic system, fogponics, passive
sub-irrigation and flow flood-drain sub-irrigation system. More variations are
deep water culture, top-fed deep water culture, domestic hydroponics and run to
waste system.
- Aeroponic system
- Fogponics
- Passive sub-irrigation
- Flow flood-drain
- Sub-irrigation system
- Deep water culture
- Top-fed deep water culture
- Domestic hydroponics
- Run to waste system
Substrate
and Growth Medium
Hydroponic farming involves growing crops without soil. The
medium used depends entirely on the type of system applied.
Common types are vermiculite, pumice, rice husk, perlite and
sand. Other substrate includes gravel, rock wool, sheep wool, wood fibre, brick
shards and clay pebbles.
Substrate
- Vermiculite
- Pumice
- Rice husk
- Perlite
- Sand
- Gravel
- Rock wool
- Sheep wool
- Wood fibre
- Brick shards
- Clay pebbles.
Hydroponic
Supplies
A starter store should stock on some basic equipment. You
could start with growing aids, kits, nutrient, tool and equipment.
Stock, LED lights, grow-media, ph control ventilators and
containers. Others are nutrients, propagator, clay pebbles, organic plant mix, coarse
vermiculite pallets and aquaponic system.
Stock electronic conductor meters, ph meter, litmus
paper, ph indicators, graduated cylinders and measuring tools.
Basic
Hydroponic Supplies
- Timer
- LED lights
- Grow-media
- PH control
- Ventilators
- Containers
- Nutrients
- Propagator
- Clay pebbles
- Organic plant mix
- Coarse vermiculite pallets
- Aquaponic system
Hydroponic
Store Business License
Before you start you store there are a few documentation.
You need a state tax identification number, sales permit and re-sale license.
The stock is subjected to value added tax and reseller
permit. Choose a trendy store name and secure a business license.
Register the business with the corporate affairs commission.
The business structure depends on the type of incorporation. You could choose
to incorporate as a LLC, Sole Proprietor, Partnership or Corporation.
Hydroponic
License and Registration
- Hydroponic Business License
- DBA business name
- Federal Tax EIN
- Sales Permit
- Wholesale/Retail license reseller Identification
- Legal business structure- Sole proprietor or Limited Liability Company
Sell
Online
An effective marketing tool is running a website. There
are many hydroponic stores selling both online and offline. Include product
image, description and prices.
Provide a list of equipment in your store. Add a login
page, register, order status, contact us page, customer service and your cart.
Marketing
Hydroponic stores are popular and easy to market. Make
sure you stock essential supplies for quick delivery.
Use target marketing such as demography, age, average
earning power of host community. Advertise your products in gardening magazines
and newspapers.
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