WORM FARMING BUSINESS PLAN SAMPLE TEMPLATE
How much money can you make selling worms? Are those worms you see around your home useful? Do they have any economic importance? Most do wonder if worm benefits man in any way.
Starting a worm farm seems like a useless idea to many. Worms are seen around especially during rainy seasons. Though little and tiny they have a series of importance to humans.
Before exploring how to build a worm farm for fishing and other purposes, let’s see some of its advantages;
- Reduces global warming by decomposing household green
- Recycling household waste into good fertilizer.
- You are using 100% natural fertilizer when you start a worm farm, a liquid one that helps your farm productivity.
Here is a sample business plan for starting a worm farm business.
- BUY WORMS FOR THE PROJECT
The first thing you need to get when about to start a worm farm is the worm itself, this is what you want to use on the farm. Research shows they have a very high rate of reproduction and getting just a pound is equivalent to 1000 worms.
Getting worms is not hard they can be bought by the pond, or bait shop. Buy some worms and then we are close to our goal to start a worm farm.
- GET SOME BINS /BUCKET
How do you start a worm bed? To start a worm farm, you need plastic bin preferably. (Any other material apart from the plastic can be used) It should be at least 12 inches deep and dark within.
Worms like it when they stay in the dark, so when getting your Plastic bin or other materials make sure they are opaque. Also, note you need a minimum of two bin, its use would be discussed later.
- DRILL YOUR BIN
One of the bins used must be drilled. As little as the worms are they also need a measure of air to survive. So after getting your dark bin bore holes in them, let it be little though so that they don’t escape through the holes you’ve bored.
- STACK YOUR BIN
When using two bins or buckets, you stack them on each other. The undrilled bin below and the drilled bin above, this will allow the little liquid in the drilled bin to drop into the undrilled bin.
- PREPARE YOUR BEDDING
You are now about to start a worm farm properly. You need to prepare bedding for the worms. You could use different materials to set up the bedding but it is important to note that the material used must be able to decay easily and absorb water especially. You could use materials like paper (Newspaper especially), dried leaves, cardboard.
All this will be deposited inside the drilled bin, once you have done this the next thing to do is wet the bedding very well so that it becomes moist and fluffy. Make sure your bedding doesn’t contain materials with glossy color printing or a strong scent.
- LAYOUT WORM FOOD INTO THE BEDDING
After laying the bedding, the next thing to do is to layout foods for the worms. They prefer table scraps, acidic substances like orange peels, orange itself, coffee grounds and other food scraps.
Take note that they hate things like bone, meat or fat, butter, yogurt. Bury a small amount of food into the bin and let the worms do the work of breaking it down, they prefer staying at the bottom but since hole drilled aren’t large they can’t escape.
- COVER THE BIN VERY WELL
The environment we just made is not only accommodating for worms alone, but fruit flies and other insects and animals also enjoy it too. So to avoid infesting your worm or competition make sure you cover the top of the bin after tucking it down very well with paper. Afterward, cover it with the bin cover. This will ensure that everything stays safe.
- PUT THEM TO WORK
Having started a worm farm, the next step is putting them to work. Normally the first week might not be productive since they would need to adapt to the new environment. But make sure you keep feeding them regularly.
Don’t worry about adding too much food since it would benefit the new ones given birth to. But make sure you add a variety of foods and make sure the foods are kept at different locations in the bin so that some won’t be eating while others are dying.
To avoid the bad smell that will be coming out of it, it is advisable to bury the food underneath the beddings as much as possible.
- HARVEST IS READY
We are not through with our plans to start a worm farm. You need to do the final part which is harvesting the worm compost. The composts are there inside the bin mostly having a dark brown color.
How fast do worms grow? You could harvest manually within days without destroying the worms. Just add fresh food in a new direction and within a few days they will all stream to this new location and you will be free to harvest your worm compost.
Having discussed things needed to start a worm farm and the benefits, you can see now that you don’t spend much to get the best fertilizer and you can keep repeating the process as long as you want.