Free Consultation on Livestock Farm Business
Free Consultation on Livestock Farm Business
Free Consultation on Livestock Farm Business is a free niche. Lets know you business and how we can help you succeed. This article will open you up to Livestock farming for free. As a matter of facts, Livestock farming is usually merged with production of crops. Nevertheless, Some farmers do focus on livestock farming only, to enable them to have the opportunity to major on one or two livestock animal. These animals include sheep, chickens, cows, goats, pigs, rabbits, grass cutter and others.
Likewise, livestock farming has a high demand due to its meat that has many nutritious benefits to health. It is a very profitable business and can be tasking. So, therefore, it is important to check very and know the best option for you to choose and also make that will make more profit if you venture into it.
For instance, you will not make more profit; in a situation whereby you focus on only pigs where most people around your area prefer poultry rearing.
Therefore, before starting livestock farming, it is advised to consider the below tips for successful livestock farming.
- Know your Purpose
Knowing the reason why you to operate on livestock farming is very important because it helps to know what you want and how you can achieve your purpose. If you are planning of venturing on only animals for meat and dairy products, then goat or cattle can be the best option to choose.
Knowing your purpose helps you describe what you want. This is very essential on starting up livestock farming because what you choose will determine the farm equipment that is required.
For running a dairy business, it entails raising livestock particularly for a dairy product such as milk and the Meat production business entails raising livestock particularly for meat consumption.
- Find a Location
Finding a location depends on whether you going into the large or small livestock farm business, it will help to decide the best location for your business.
It is important to know the size of the land you want to buy because the land used in the rearing of cattle is different from the one used for grass cutter or rabbit farming.
So if you want to venture into extensive livestock farms, getting a location in the rural areas is better because it will cheaper and sizeable as well.
Check if the location is easily accessible by transport too, though this may not be a major concern; make sure the road is not too bad that it won’t serve a major issue in you transporting your livestock to the markets.
In choosing a good location for your livestock farming, you have to consider some factors such as seasonal variances, climate, regional vegetation, local cattle markets, and topography. All these have an effect on your farm, to ensure that you carefully select your location.
- Proper Feeding
Feeding is very important in livestock farming, so if you are into sheep, cattle, goat and grass cutting farming, it is advisable to plant grass around your area because it will help to reduce the cost that might occur on provision food and other supplements.
Feeding is known to be one of the most essential factors for successful livestock farming because when they are been fed well, it will perform as supposed. Feeding your livestock well doesn’t mean overfeeding, but it means giving them the right food for livestock.
Feeding in livestock requires a great deal of knowledge, skill, and practice to be able to feed as required. It is very important to understand the different types can be fed to livestock, and then learn how the different foods can be combined together to form balanced rations for animals.
- Get your Livestock Equipment
You have to ensure that all the equipment and necessary things for livestock farming are available. So you have to consider its watering equipment, feeding equipment, the livestock shed, and others are available.
The capability to grow a profitable livestock business depends on your ability to your equipment in order. So, therefore, it is important to ensure that all the required equipment is available to run your business.
The equipment required for your livestock farming includes; feeding equipment, livestock trailer, water tanks, a manure spreader, a corral system, and a headgate.
Good livestock handling facilities are created to protect your livestock and them safe. This includes facilities that reduce the amount of bruising damage and physical injury done to the animal.
- Register your business
It is advisable to have your business registered, most especially if you are planning on going into commercial livestock farming. You can register your business with the local authorities which also helps to advertise your business to people. It is not good to embark on any business without a proper local registeration.
Registering your business does not only protect your brands but it goes a long way in making easier for you to select the appropriate structure for your business.
- Market your products
Having a good marketing strategy is very important in developing your livestock farming business. Focusing on producing only high-quality products is not enough, but it is necessary to know how to properly market your products.
When operating in a business, you will need to advertise your products and make people know what you are into. You can as well attend business expos, create a website for your business and engage in other marketing activities. It is important to know how, when and where you can sell products.
If you are into meat production business, make sure you focus on meat selling companies. You can also advertise your livestock online to attract customers from afar. It is also good to start your own dairy products or meat selling company.
- Obtain a Loan
Depending on your business plan and the amount of money required to start your business, you can apply for a loan. Writing down your business plan will help to know you will need to start up your business, including how much you will need to purchase land and other products you might need for your farming business. You can also borrow from trusted people you know.
It is also good that you interact with agricultural and small business organizations that can help in directing you to other places you can go for a loan other than what you will get from banks.
While going loan application, it is important to go with your business plan because it will boost your chances of getting a loan. Always remember to start little to avoid much spending.
- Get a Nutritionist and Veterinarian
YuthermobGetting a nutritionist and a veterinarian will help you in achieving successful livestock farming. A good veterinarian and a nutritionist will help to keep your livestock in good health. A nutritionist will help in terms of getting the right food for your livestock.
Also having a good relationship with these people can increase the chances of successful livestock farming. It is also good to keep a relationship with your customers so that they can be able to help you during tough times.
So, therefore, it is very vital in livestock farming to have a good veterinarian who can respond immediately when needed. Ensure that you work cooperatively with your veterinarian so that they can provide you with the best possible health care. Always make sure to have your livestock vaccinated to prevent them from getting ill or contacting any injury.
- Make a Business Plan
Firstly, In starting livestock farming, you need to take out time to draft how your business will run. You have to know much about your weakness, strengths, and opportunities in the livestock industry and also possible damages your business will face, as well as relevant information on the kind of farming you will operate.
By practicing regular strategic planning and regular analysis, it will help to identify the practices that are working.
Livestock farming requires a lot of initial investment before you can start making money. Always focus on how you can open a sustainable business before you can start growing it gradually.
- Invest your Time
Similarly, Livestock farming involves much commitment. Most animals require daily feeding and watering. Regular checking of the water levels is very necessary and is a must if you are planning of starting livestock farming. Daily inspection on your livestock is one of the best ways to prevent illness or injury.
If you are planning to leave your home for a long time, you need to find someone that will help in checking on your animals. They can help out with the watering by using automatic stock tank value, which helps in keeping your water tanks full even without you doing it.
This is particularly helpful during hot summer months when cattle can clear the tube even while you are at work. So in order to have profitable and successful farming you need to invest your time in taking proper care of it.
Conclusion
Furthermore, Livestock farmers are usually undergoing some difficulties. This kind type of farming has an increasing demand due to meat and dairy products.Establishing this livestock farming involves much capital and also needs complete dedication and responsibility to take proper care of your animals. And to ensure that you know the nutrition they consume daily.
So in order to have successful livestock farming, it is good to consider the tips listed below, know that it is one of the most lucrative farming businesses, but require your total dedication.
You can also find an established livestock farmer that you can work to gather more information about achieving a successful livestock farming business.
Do you know you can actually save yourself off this stress?
Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit your demand today.
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.
· 1st 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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