Farmers generally get involve in two types of agricultural activities - Subsistence agriculture & profit making agriculture. In the first type of farming, farmers produce only self-sufficient amount of grains or any other related things which is needed for their livelihood. And they don’t do it for making any profit or get involved in a business process.
Most of the time farmers from third world developing countries involve in such type of farming activities. On the contrary, western farmers farm to gain huge profits from their produced materials. No wonder, this type of farming needs huge amount of agricultural machinery like tillage equipment, aerators, grinders and various others.
Farmers, who are involved in profit making farming, have to lease agricultural equipment.This will be almost impossible for a farmer to won each and every equipment for a farmer. Be it huge tillage equipment or may be a hand aerator - whatever it is, farmers need to lease one or more equipment while venturing into agriculture.
If you are willing to explore this business prospect while being into the genre of agriculture, it is advisable to own equipments which farmers will need for every season. Or maybe they will lease equipments on cycle basis. Crops are seasonal. Agricultural machinery like tillage equipment is a common thing usable in every type of harvesting; but you can also lease equipments which are needed for specific type of farming only.
No need to mention that, as there is a huge amount of money involved so fairness and trust has to be there.And as the task of agriculture asks for a lot of time, thus you need to be a lot more patient here apart from the other businessmen. Farmers may need your equipment for a longer time, if natural things like rains and drought are not their way. So be a little open for these things as well.
On the other hand if you can manage to give some training to the farmers who are availing agricultural machinery from you, you will certainly be the most preferred equipment lease-giver of your area. So make it a point that you know everything about the equipments you handle and help others with your knowledge as well for a better business as well as human prospect.