Do you know a lot of people have invested their hard earned money with Agritech companies that are not legit and get duped?
This is because they didn’t take their time to make insightful research on the companies before rushing into an investment with them.
See, here is the thing –
It is not always about HOW MUCH you invest, but WHERE you invest, that determines whether you will lose or have a return on your investment.
That is why you must have answers to the following questions if you want to invest your money into Agriculture Technology Companies.
• Are the people involved trustworthy?
Ensure you make your investment based on the integrity of the management of the company and not only on the sweet talks that fly about them on the internet or whatever. Familiarize yourself with the management and the fund managers before releasing your money for investment.
• Is the business Insured?
As I told you earlier that some people have been duped because they do not verify the authenticity of the company, this point re-emphasizes it. Find out if the company has an insurance cover and if they claim they do, please carry out a 3rd party verification from the insurance company. It is your money. Don’t just take words from the Agrictech firm if this fact has not been proven.
• How long have they being in the market?
Due to the innovations and promising future of the agricultural industry, everyone is claiming agrictech. You have to be careful. Track the record of the company you want to make investment with and find out if they have been making profit or loss in the agribusiness and for how long.
We know answering this questions may not be a foolproof approach to investing in Agrictech but it would prevent unnecessary loss.
Tell us what you think.