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D Associate Director Dunn-Richmond Economic Development Center Stu Jacobson Ph. D. Research Specialist Abraham Lincoln Presidential Center for Governmental Studies University of Illinois Springfield Joshua Buchheit M. S* Alternative Agriculture Specialist Community and Business Services Funded by The Illinois Council on Food and Agricultural Research C-FAR May 2003 TABLE OF CONTENTS INTRODUCTION*. 3 THE BUSINESS PLAN Title Page/Executive Summary. 5 The U*S* and Midwest Beekeeping Industry. 7 C ...

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How many beehives can you put on 1 acre?

So one-half acre could have up to six hives, three-quarters acre could have up to nine hives, and a one acre lot could have up to twelve hives. Additionally, keeping one nuc for every two hives is also acceptable.

How much do self employed beekeepers make?

If you're self-employed or a hobbyist, you can expect to make an average of just under $150 per year on each hive. This is based on selling around 32 pounds of honey per hive, each year.

How much do self employed beekeepers make?

If you're self-employed or a hobbyist, you can expect to make an average of just under $150 per year on each hive. This is based on selling around 32 pounds of honey per hive, each year.

What is the startup cost for beekeeping?

There are a lot of other things that you will probably want to purchase down the road, like more bee boxes and a honey extractor, but the above is what you will need to get started. The total startup cost to beekeeping ranges from about $400-$650.

How do I start a commercial beekeeping business?

With that in mind, let's get started. Acquire Beekeeping Knowledge. ... Create a Plan. ... Choose Your Beekeeping Equipment Wisely. ... Understand The Regulations of the Honey Business. ... Start Small. ... Learn How to Raise and Care for Bees. ... Understand How to Package Honey. ... Learning How to Package Honey the Right Way.

commercial beekeeping business plan pdf

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How much investment is required for beekeeping?

Rs 4,60,000 (Approximate) Initial Capital Investment and Rs 1,84,600 (Approximate) Recurring Investment are need for the 100 beehives.

How profitable is beekeeping?

According to the Economic Research Institute, the average salary for a beekeeper in the United States is $47,899 (£34,552) a year and $23 (£16.60) an hour. A beekeeper's salary may range from $35,523 to $58,231 (£25,624 to £42,000), depending on experience and location.

Is there good money in beekeeping?

Depending on how many hives you have, you can make a profit. However, it really depends on the season and nectar flow. There are start up costs when getting into beekeeping. After that, you can expect a beekeeping profit per hive of around $600.

Is commercial beekeeping profitable?

Beekeepers with 300 or more hives are considered commercial beekeepers, and their beekeeping businesses can be very profitable. Many commercial beekeepers migrate their colonies to provide pollination services to farmers while simultaneously providing their bees with abundant nectar sources for honey production.

How do most commercial beekeepers make money?

Many commercial beekeeping operations rely heavily on making an income from pollination services. Whether or not you will be able to find a farm interested in this service depends on where you live.

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