Poultry Business Plan Feasibility Study For Startup
Poultry Business Plan Feasibility Study For Startup
Poultry Business Plan Feasibility Study For Startup is a key in succeeding in Poultry business. As a matter of facts, Poultry Farming in Nigeria one of the lucrative business Venture. There is need to ask a question; Do you know that Poultry framing is one of the most lucrative ventures that you can make thousands of Naira weekly especially when it is setup and managed properly?
Poultry Business Products Outlets For Startup
There are so many outlet you can engage to sell out your products. As a matter of facts, there is this high demand for chicken meat and eggs form companies like:Tantalizers
Companies
Crunchies
Mr Biggs
Hotels
Fast food
Restaurants etc
High demand For Poultry Products
This high demand has truly proven that Poultry farming in Nigeria is indeed a very lucrative business.The business of rearing of chicken and producing eggs for sale has created an opportunity for some young graduates, retired civil servants and others to earn regular income and also provide employment for countless number of Nigerians.
In recent times, there is an increment and major investment in poultry farming but yet still, I have discovered that there is still a short fall in the supply of chicken meat and eggs in the country
It is a proven fact that frozen chicken is still been smuggled by some traders into Nigeria from neighboring countries reasons being that most of the poultry farms in Nigeria operates on a small scale and can’t meet up with the increasing daily demand for chicken meat and eggs.
If you really want to make good money in within few month, the wisest decision is to invest in” COMMERCIAL POULTRY FARMING”
This is a business one can invest and start earning profits in a period of Eight (8) Months. Its time you make up your mind now to bid final goodbye to poverty by investing in poultry farm.
Types of Poultry Systems
1. BATTERY CAGE SYSTEM: The battery cage system of rearing chicken involves putting your birds in cage.
While the deep litter system involves rearing the chicken on the floor covered with saw duct.
2. WHILE THE DEEP LITTER SYSTEM: involves rearing the chicken on the floor covered with saw duct.
The Battery cage system has some advantages, it helps to keep your birds from coming in contact with their droppings that may cause infection, but it is capital intensive.
The deep litter system does not require huge capital to set up your poultry farm business.
You can actually start a small scale a poultry farm deep litter system in that plot of land of yours by rearing 500-broilers from day chicks to an 8-weeks period where you can sell them between N1k-N2k each.
STEPS
2. HAVE A BUSINESS PLAN: This is one of the most important thing to consider when going into poultry farming. Poultry business plan is like a road map leading you to where you are going in your business. It will help you know where you are at any point in time.
Your business plan should have the following content:
2. LAND/ LOCATION: This has a direct effect to your startup cost. A location in a very remote rural area will cost far less than the one close to the urban area. Remote rural area with good road is the ideal location as you will be free from regulatory agencies and drive down the cost of labor too.
3. CAPITAL: with location in mind, you now have clearer idea of the capital required of you. Write down your detailed capital and investment requirements for your poultry farming in Nigeria venture and set out to source for it. Like every other farming projects, the bigger you plan to start, the more investment required. You need to decide on the level of capital investment you are willing to commit into this business before starting.
Small scale – You will need around ₦70, 000 to begin rearing chicken on small scale (around 50 birds) and keeping them in cages at your residence backyard.
• Medium scale – You need about ₦500, 000 – ₦5 million to start a mid-scale poultry farm, which needs housing and other materials over land spreading 1-2 plots.
• Large scale – Around ₦10 million is needed for this type of intensive project. This will involve a high degree of planning, sophistication, professionalism and the use of advanced poultry farming techniques.
4. THE TYPE BIRD YOU WANT TO CONCENTRATE ON: Here you choose Chickens (Layers and Broilers). This will ensure high level of focus and professionalism. If you can do two area, no problem.
Layers Breeding which is egg production by Layers
Broilers breeding which referrers to the chicken meat production by Broilers
Hatchery which has to do with breeding chicken for the purpose of Hatching new chicks
Build a suitable Structure: House is very important for chicken rearing and effective keeping and management. Poultry housing are classified according to the scale and the management system. The most common types of poultry housing used for poultry farming in Nigeria are:
Deep litter-
• Half litter and half slats
• Battery cage system
Items Needed for Poultry Farming and thier Uses
1. Feeders: Feeders are equipments used in feeding poultry birds. The food is deposited in the feeder and the birds feed from it. The amount of feeders provided for a poultry farm should be according to to amount of birds available. It is important that you always keep the feeders clean to ensure the health safety of the birds.
2. Heaters or Brooders: It is essential that the temperature of the poultry farm be regulated especially during cold weather. The heater or brooder is an equipment used in regulating and increasing the temperature of the poultry farm. These helps to keep the birds warm when the weather is cold.
3. Incubator: This is an instrument used in hatching eggs. Egg hatchery with an incubator can be described as a means of hatching of eggs in an unnatural way. These means can be employed when there are many eggs to be hatched.
4. Chick box: The chick box is an equipment where the poultry birds are kept for egg laying. It has a roll away egg tray attached to it so that when eggs are layed, they roll away and the birds will not trample on the eggs. This particular equipment help in preventing egg damage.
5. Fly Tray: Fly trap is an equipments used in controlling the number of flies around a poultry farm. It helps to poultry farmer reduce the number of flies in the poultry.
6. Poultry Plucker Rubber Finger: This is an equipment applied to chicken dressing machine. These rubber fingers are fixed to the bottom and side plate of the of the dressing machine in order to produce many dressed chicken in a short period.
7. Egg Tray: This is an equipments used in setting the eggs. Just like the name, it is a tray-like equipment where the eggs are place for sampling.
8. Poultry Incubator Controller: Poultry incubator controller is an equipments used for controlling the incubator and timer counter. It displays the temperature and humidity condition of the incubator.
9. Laying Nest: Laying nest is another equipment that help the birds for laying of eggs. One of the advantages of this equipment is that it increases the egg productivity of the poultry birds.
10. Egg Scale: This is an equipments used in weighing the weight of the eggs. It helps the poultry farmer know the eggs that are fertile enough for hatchery because it is assumed that an under weight egg does not have what it take to form a chick.
11. Egg Washer: Egg washer is an equipment that makes use of a powder called the egg washing powder. Water is added into the egg washer and then the egg washing powder is added also. It is used for washing the eggs before delivery.
12. Water Pots and Drinkers: Neat water is required for growth and digestion in poultry birds just like in humans. Therefore, the drinkers are equipments used for supplying water to the birds. You must ensure that the drinkers are washed regularly to avoid disease.
13. Cages and CoopsThis poultry equipment is used for keeping poultry birds. Coops and cages are poultry equipments suitable for small scale poultry farming.
Poultry farming in Nigeria is a rapidly growing industry, so why wait, start now!
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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