Profitable Poultry Business Plan On Feasibility Study Report
Profitable Poultry Business Plan On Feasibility Study Report
Profitable Poultry Business Plan On Feasibility Study Report is a sure way to get a maximum return on poultry Farming Business. There are a lots of strategy for poultry profitability. Nevertheless, this is just a sample of our Profitable Poultry Business Plan On Feasibility Study Report. Look through our business plans and feasibility Study Report to see what you get when will write for you.
As a matter of facts, Poultry farming is usually the business i recommend for retirees and individuals. In like manner, those who are passionate about livestock farming. In the past, people were nonchallant about breeding birds or cultivating crops for profits.
But with the recent global burst in population and a worldwide demand for food, people are now beginning to realize the potential of providing the most important basic need of man.
Poultry farming is a viable business anytime any day; and to be sincere with you, it’s a business I have been considering for some time now. Below are reasons why I consider poultry farming a profitable business?
Factors that makes Poultry Farming a Profitable Business
There are a lot of factors that make poultry farming business a profitable one but I will be highlighting only three major factors:Food is one of the basic needs of man. Regardless of the economic situation, human beings must feed and since domestic birds are consumable; that makes poultry farming feasible.
My country Nigeria for instance has a population of over 150million and growing; bear it in mind that a huge population means a huge demand for food (egg and meat).
With the increased awareness on the health implications of red meat; there’s an increased demand for white meat and birds are a source of white meat.
But before I go into the details of starting a poultry farming business, I want to emphatically state that the information provided in this article does not in any way replace the need for you to conduct a feasibility study, write a business plan for your poultry farm and do your own due diligence.
Secondly, the information shared in this article is applicable to any locality; be it United States, Canada, India, United Kingdom, Nigeria, Ghana, South Africa, etc. Without wasting your time, below is a step by step guide on how to start your own poultry farming business.
How to Raise Chicken Organically in your Backyard
Starting a Poultry Farming Business – Sample Business Plan Template
Select your Poultry Niche
The poultry industry is a broad niche. There are many sub-sectors in the poultry industry which you can tap into. When poultry farming is mentioned, a lot of people take that to mean chicken rearing or turkey rearing alone but poultry farming is a very wide business with different aspects. Below are niches in the poultry business:Egg production (Layers breeding)
Meat production (Broilers breeding)
Chicken breeding (Hatchery)
Poultry feed production
Poultry equipment manufacturing
Egg and meat processing, packaging and marketing
Poultry marketing and consultancy
So, you see that poultry farming is very wide. Therefore, you have to choose your area of specialization. Of course, if you have enough capital and the technical know-how nothing stops you from doing all the businesses under poultry farming but it is always better to go back to the drawing board, find out which aspects of poultry farming are more profitable in your area in terms of demand and income and then select the most attractive aspects to concentrate on.
What type of bird will you be focusing on?
Another important factor to consider is the type of birds you wish to rear. There are several types of birds that you can rear. Poultry farming can further be classified into the types of birds:
Domestic fowl or Chicken (Broilers and layers)
Turkey
Guinea fowl
Pigeon
Duck
Goose
Peacock
Quail
You also have to decide on whether you want to rear layers or broilers. Layers are usually raised mainly for laying eggs so if egg production is your area of specialization, you would need to stock your farm with layers but if you prefer to opt for meat production instead, then you would need broilers instead because broilers have the ability to grow very fat and gives more return on investment because they weigh a lot more than other breeds. But for this article, I will be focusing on poultry breeding for egg and meat purposes with respect to the domestic fowl.
Start-up Capital Investment
The poultry farming business is capital intensive; depending on the scale, location of your farm and the type of management technology used. A small scale poultry farm being run behind your house may require a capital of between $500 – $1,500. A medium scale poultry farm may require $2,000 – $5,000 and a large scale poultry farm may require a start-up capital of $10,000 and above. Like I stated earlier, scale is directly proportional to capital.Poultry Location
A good location is vital to the success and profitability of your poultry farm. An ideal poultry farm should be sited where there’s a large availability of cheap land and at the same time; should be close to areas with high population density. It’s not advisable to site your poultry farm within a residential area because of the offensive odour it produces.
While it is smart to start your poultry farm in a place where the odor and noise would not disturb other people, you should also consider the security factor. Lands in sparsely populated settlements are cheap and you would have fewer issues with community disturbance and zoning but it may be far from your market and buyers. You need to find a balance, look for a place that is favorable to you and would also be favorable to your customers at the same time.
Housing your birds
Another important factor to consider is the poultry housing system and fencing options. Poultry housing system determines up to 40% of the rater of success you would achieve in poultry farming. A good housing system is very important for your poultry farm. The housing system commonly used in poultry farming are-:Extensive system: Range and fold unit
Semi Intensive system: Standard semi intensive unit and straw yardIntensive system: i. Deep litter, ii. Wire and slated floor, iii. Straw yard, iv. Battery cage
a. Free Range System-: Under free range poultry farming system, chickens are allowed to roam around on their own in search for food. This system cannot be used for commercial poultry farming because of the high level of risks involved.
Deep Litter System
This system involves spreading wood shavings or saw dust on a concrete ground with the chickens placed on the floor and the dust serving as a ‘cushion’ for them. The dust is changed regularly, either by removing and replacing or by layering.Deep litter system is used by a lot of poultry farmers because it increases efficiency and makes it easier to manage large flocks of birds but it allows for a faster spread of diseases when there is an outbreak and also makes it difficult to fish out unproductive birds.
Battery Cage System
As for the battery cage system, metal cages are constructed inside a building to house the birds. The cages are usually split into different compartments to house small groups of birds. The cages also contain feeding and water troughs as well as laying nests.Bird droppings fall on the floor and are cleaned mechanically by a scraper. This method is considered to be the most effective for egg production but the major downside of this method is that it is more expensive to construct and maintain compared to other forms of poultry housing systems.
If you are running a poultry farm for commercial purposes and you intend getting the best out of the business; with respect to high birds’ productivity and efficiency. Then you should consider housing your birds using the intensive system. Note that each of the three housing system has its own advantages and disadvantages. Lastly, your poultry housing structure should be built at a particular angle; taking sunlight and wind into consideration.
Poultry equipment and appliances
There is a very long list of equipment and facilities to put in place in order to fully manage a poultry farm. You would need to construct a house for the birds, provide feeders and drinkers, a good waste disposal system, source of water, lightening and heat, egg crates and storage space for keeping feed and eggs.Therefore, you should make a list of all the items you would need, find out the prices and compare different prices to further give you an idea of the costs of setting up the poultry farm.The following equipment may be needed for your poultry farm and their uses:
Feeders
Drinkers
Perches
Nests
Crates
Lighting system
Waste disposal system
Incubator
Heaters or brooders
Egg tray
Cages and coops
Feeding your birds
Feeding is a major aspect of poultry farming. In fact, about 70% of your expenses would go towards poultry feeding. Therefore, it is imperative to figure out the feeding aspects of business before you go into it. There are two ways to go about feeding in poultry farming:Producing your feeds by yourself
Buying already-made poultry feedsI recommend the former for large commercial poultry farms because it helps you to save a lot of money on feeding costs. You can easily learn how to make poultry feeds, purchase equipment and start producing feeds for your farm. You can even make some extra income for yourself by selling to others but it is important that you get the right feed formula and ingredients that would enhance the growth of your birds.
Poultry Farm staffing and manpower
Operating a poultry farm is not labor intensive if the use of technology is employed. With respect to staffing, the number of manpower needed is also dependent on the size of your farm. But some must haves should be admin officer or manager; who will oversee the day to day running of your business. Your manager can also double as your accountant to cut down cost.It is also advisable you have personnel who will reside permanently in the farm to monitor and see to the well being of your birds. You will also need security personnel that will monitor the inflow and outflow of people around your farm; and most importantly, guard against theft. Aside these few mentioned, you can add more personnel to suit your business needs.
Accounting
I mentioned in one of my previous articles how a lot of poultry farmers take the accounting and record keeping aspects of their business for granted. Poultry farming is just like any other commercial business out there and for you to track your performance and productivity, adequate records must be kept.You don’t need to have an accounting background or spend hours on record keeping or accounting for your farm; just purchase a farm management software, install it on your computer and there you are, you would be able to know how your business is doing and whether you are growing or not.
Health
Just like you need regular health check-up to stay in good shape, the birds in your farm also need regular check-up. They need proper vaccines and medications to prevent diseases and promote growth. You should have a consultant, a veterinary doctor who would be in charge of giving vaccinations and providing proper health care for the birds. Chicks need more care after they hatch especially within their first 3 weeks.Marketing
Another factor to give consideration to is the marketing aspect of your poultry business. You have to find a way to reach your customers and this would be done by employing the right marketing techniques. Therefore, before you start a poultry business, you should really consider the marketing strategies which you would use to break into the market.Projected return on investment
The incubation period of the domestic fowl is 21 days. You can start selling off your birds as early as 8 – 12 weeks but full maturity is reached between 20 – 24 weeks. The payback period of a poultry farming business is between 3 – 5 years.
Five Challenges of Starting a Poultry Farming Business
Poultry farming business is one of the most important and profitable aspect of livestock farming business especially in Nigeria. But like every other business, there are risks and challenges involved. Do you intend venturing into poultry farming but you would like to know the risks and challenges that you will be facing? Then i advice you read on.
Challenges of Starting a Poultry Farming Business
Poultry farming has a longer pay back period
It is Labor intensive
Pests such as rats, ants, etc and predators such as hawks, snakes can cause massive loss
Lack of support from the government
Taking a close look at Nigeria today, you will attest to the fact that the government shows little or no interest in livestock farming; let alone poultry farming. The government is more interested in the oil sector thereby not showing concern to poultry farming and this brings discouragement to the poultry farmers.
Even the assumed agricultural loan the government provided cannot be accessed because of the stringent conditions attached. The only visible effort of the government is the recent ban on the importation of live or frozen poultry birds. So if you are interested in starting a poultry farming business, then you must be prepared to go it alone without looking to the government for help.
High start-up capital
The very first factor you have to give serious consideration to is capital. Just like every other business, poultry farming needs sufficient and proper funding. This is because the amount of capital you have to invest has a lot to do with the level of success you would achieve in poultry farming. If you have enough capital, you would be able to put facilities that would increase your productivity in place.You cannot do well as a livestock farmer, especially poultry farming when you don’t have enough fund. You need money to purchase a land for the farm, to construct and equip the farm, to hire and pay staff/laborers and also to feed and provide healthcare for your birds.
Without proper funding, you will struggle to keep your business afloat but with enough capital; business is made easier. So it is advisable that you do your financial analysis very well and ensure you have access to cash because nothing kills a business faster than lack of money.
Outbreak of diseases
When the environment is dirty, disease and infection is inevitable. Birds like chicken are very sensitive to environmental changes. If the poultry environment is not properly taken care of, the chickens will be exposed to diseases like bacteria infection. So as a poultry farmer, you must ensure that the poultry environment is kept clean and disinfected.
You must avoid bringing in contaminated equipment, vehicle,and foot wears. You must always de-worm your birds and check them constantly for exo-parasites such as mites. Also, visitors should not be allowed into the poultry environment and ensure that you sterilize your hands before touching the birds.
Non availability and affordability of vaccines
In the agro-allied industry, especially poultry farming; this particular challenge affects the small scale poultry farmers more because; unlike the industrial or commercial poultry farmers who can afford the vaccines, the small scale poultry farmers can’t afford the vaccines.Adulteration and high cost of poultry food
The price of poultry food is quite costly and birds consume a lot. So most poultry farmers economize or ration the food given to the birds and this affects the output. Also, adulterated poultry food flooding the market is another challenge for poultry entrepreneurs. This is because the adulteration utters the necessary nutrients the birds need in order to grow well, thus making them unhealthy and reduces their immunity to diseases.As a final note, i believe you have gotten a clue on the challenges you should expect as a poultry farmer and the best solutions to them. So start now by creating a counter-strategy to tackle these challenges and success will be yours.
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
Click other related clicks that may interest you below;
Acceptable feasibility study and business plan for bank loans
Feasibility study on piggery farming business Agbarho community, delta state
A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA
“How to own, manage, and make millions from catfish farmingbusiness” BEST SELLER
HOW TO OWN A MEGA FISH FARM BUSINESS IN NIGERIA
FLOATING FISH FEED PELLET MACHINE
TIPS ON BROILERS PRODUCTION AND ACTUAL VACCINATION –PROGRAMME AND TREATMENT
TIPS IN POULTRY MANAGEMENT
Sales of battery cage system in Nigeria
CASSAVA PROCESSING MACHINE
GRASS CUTTER/ CANE RAT PRODUCTION, BEST SELLER
How to handle and manage Snail farming
Rabbit Management
MANAGEMENT OF RABBITS, BEST SELLER
· 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.
HOW TO PLACE AN ORDER NOW?
- Bank Deposit
- Electronic Fund Transfer or western money transfer
- ATM cash Transfer
This payment method requires the customer to deposit, Electronic
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.
If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.
Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them
After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
To +2348036925718 or +2348051270981 once I confirm your payment.
The material will be sent to your immediately! By e-mail Trust us 100% to do that.
Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book
• Zero shipping costs.
• No wasting time, forget having to wait weeks for postal delivery.
• No risk of products lost in the mail or damaged
Thinking that we might live you after your purchase? Definitely no!
With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.
We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.
Get in touch with us today on our phone numbers or send us an email. We await your response……………………….
WRITTEN AND COMPILED BY CHRIS FARM NIGERIA
WEBSITE: www.chrisfarmnigeria.com
EMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja
• A big thank you for your patronage in advance
Your Success, Is Our Optimum Desire
AT Chris farm Nigeria, We Deliver the Best Services…
Other services we render are displayed on our advert below;
ADVERTISEMENT
- We provide feasibility study/business plan for new and existing businesses
- We help you to recruit staff for your company, firm or organizations
- We help you in registering your company, firm or organizations
- Suppliers of any food stuffs
- Building contractor (especially building houses, constructions of ponds)
- Provides Architect for any design
- Help you in getting loans
- Sales of fingerlings, table size catfish, chicks, Grass-cutters, rabbits, snails, and many more
- Farm design
- Feed formulation for general livestock, including
- Floating/Sinking Fish feed
- Soybean oil processing, Teachings on how to test soybean cake,
- Teaching on how to remove the gummy and unpleasant smell of soybean oil
- Palm Oil/Palm nut cracking
- Fish Farming (Pond Construction and Fingerlings distribution)
- Poultry farm (plus marketing ideas)
- Rabbit farming
- Snail Farming
- Grass-cutter/cane rat Farming
- Commercial Crop Farming
- Handwork/Workshop Plan
- Pure Water Business
- Nylon production
- Professional Website design (cooperate and personal)
- Bulk SMS (plus re-seller website)
- Business Software Design
- Logo design plus company slogan
- Printing Press (Graphic design, lithography, banners, poster, handbills etc)
- Sales of battery cage for livestock farming all over Nigeria
- E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……
- How to own, manage, and make millions from catfish production (Most demanded)
- Projecting writing, Sales of written projects, and many more
Comments
Post a Comment