Business plans | Beekeeping Business | Farm start up in Nigeria

Beekeeping farming business is another huge source of money for any prospective farm in the livestock world. Beekeeping business opportunity demands day-to-day monitoring with close supervision to the bees. With the increasing awareness about the health, demand for honey is growing globally. Beekeeping for selling honey and other products like wax is a profitable venture to start with less startup investment. You don’t need to have land or any establishment to start the beekeeping business. You can also provide pollination service to the local farmers who need it.

SKILLS FOR BEEKEEPING BUSINESS

Most importantly, while you are dealing with the living creature it is important to have enough skills that allow you managing bee’s daily basis with proper care even in the crisis moment. You need to get knowledge about how to attract a swarm of bees to your hive, how they feed them, how to harvest honey and other bee products, how to avoid bee diseases etc. You can have training from Animal Husbandry Department in India. Also, there are some Govt. farms who conduct training for the entrepreneurs who want to start the beekeeping business. Practical training is important to start this business.

BUSINESS PLAN FOR BEEKEEPING BUSINESS

Firstly, in starting beekeeping business commercially, creating a financial plan is very important. You need to determine several factors like costs, expected returns, working capital needed etc. Determine with how many colonies you will start the business. Also, you need to develop a strategic marketing plan for the products and services you want to offer.

EQUIPMENT FOR BEEKEEPING BUSINESS

As a matter of fact, the major equipment for beekeeping business is hive and the wooden box to keep the bees. Concentrate on the size. Using right size will give you the right production of honey. In purchasing beehives it is recommended to get one that has had bees into it for at least one year with a good laying queen bee. Also, you need to procure bees. To get bees you can buy swarm or you can buy ready-made colony from the reputed beekeepers. You also need to have veil, hive tool, clothing, gloves and bee smoker. To harvest honey you need to have blower, brush and honey extractor. You can purchase the material from the local market or from online vendors.

GET CLIENTS IN BEEKEEPING BUSINESS

Furthermore, you can sell honey directly from your farm. Have a business contract with medicine and retail shop owners to sell the raw honey. Honey processing organizations are also your clients. Contact with them. Register you product with online portals who sell consumer durable items. Create a website. Offer an online order system there. Establish the relationship with the local agriculture and farming cooperatives. Establish the business relationship with the fertilizer shops in your area. You can get the client for pollination from them. Contact with the cosmetic industry owners to sell bee wax to them.

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Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.

You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

SECTION 1(Business plan section)

SECTION I – EXECUTIVE SUMMARY
NAME OF BUSINESS / COMPANY
OFFICE & SITE LOCATION
MOTIVATION
MISSION STATEMENT
SOCIAL/ECONOMIC VALUE
PROJECT STATUS & START UP
WHY PREPARE THIS BUSINESS PLAN?
SECURITIES FOR THE PROPOSED LOAN
REPAYMENT
SECTION II – STUDY AREA
STUDY AREA
COMPANY OVERVIEW
MANAGEMENT TEAM
DEPARTMENTS IN THE COMPANY
EXPERIENCE
MANAGEMENT TEAM GAPS
SECTION III – INDUSTRY ANALYSIS
DEFINING YOUR INDUSTRY
YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
INDUSTRY STRUCTURE
MARKET OVERVIEW
MARKET SEGMENTATION
RELEVANT MARKET SIZE
KEY SUCCESS FACTORS
LONG TERM PROSPECTIVE
MARKET CHARACTERISTICS
SAMPLING TECHNIQUE
SECTION IV – CUSTOMER ANALYSIS
TARGET CUSTOMERS
CUSTOMER NEEDS
MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
BUYERS BEHAVIOUR
MARKET SHARE
SALES FORECASTING
SECTION V – COMPETITIVE ANALYSIS
DIRECT COMPETITORS
COMPETITIVE ADVANTAGES
SECTION VI – MARKETING PLAN
PRODUCTS & SERVICES
FINISHED PRODUCTS
PRODUCT QUALITY AND PRODUCTION QUANTITY
PRODUCTION CAPACITY
PRICING
PROMOTIONS PLAN
DISTRIBUTION PLAN
SECTION VII – OPERATIONS PLAN
GENERAL APPROACH TO PRODUCTION
TECHNICAL ANALYSIS / PRODUCTION PROCESS
EQUIPMENT
PACKAGING REQUIREMENTS
SECTION VIII – FINANCIAL PLAN
REVENUE MODEL
FINANCIAL ANALYSIS
FINANCIAL ASSUMPTIONS
FINANCE CHARGES
FINANCIAL PROJECTIONS
FUNDING REQUIREMENTS/USE OF FUNDS
CRITICAL ASSUMPTIONS

SECTION 2(Feasibility study section)

FINANCIAL MODELS
SUMMARY OF PROJECT COST
BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
DEPRECIATION
UTILITIES
OPERATING EXPENSES (OPEX)
TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
FINANCING PLAN
INSTALLED / AVAILABLE EQUIPMENT
BREAK-EVEN ANALYSIS
LOAN REPAYMENT SCHEDULE AND INTEREST PAID
FORECAST OF PROFIT AND LOSS
CASH FLOW
BALANCE SHEET
GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
BUSINESS RATIOS - PROFITABILITY ANALYSIS
CONCLUSION
SECTION 3 – APPENDIX

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· NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

· BUT, WE are permitted to display only executive summary.

· This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.

· 1^st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.

Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.

Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.

After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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Business plans | Beekeeping Business | Farms start up in Nigeria