Sample Poultry Farming Business Plan With Feasibility Studies
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Sample Poultry Farming Business Plan With Feasibility Studies – Every aspect of poultry farming business desires business plan. It also requires extensive feasibility studies. Sample business plan for poultry farming like this must have thsse too. That will involve introduction to poultry farming business proposal, feasibility study on poultry egg production, meat production, poultry feed production, marketing strategie, viability anaslysis etc.
As a matter of fact, poultry farming business is one of the wisest decision any investor interested in farming business can make. With a winning business plan disclosing right information and technical know-how, you can start your own poultry farm and make millions annually.
Consequently, this agriculture investment idea has attracted lots of business men and women due to the fact that it’s so lucrative. From onset, you should understand that learning how to become chicken farmer requires dedication.
Sample Poultry Farming Business Plan With Feasibility Studies
Poultry Farming Feasibility Studies:
On Sample Poultry Farming Business Plan With Feasibility Studies, feasibility study is the first thing to do. Therefore, with it you should be able to understand every aspect of this write-up. It’s all about the feasibility studies on poultry farm business. There is no way you could get into poultry farm business without clearing these issues. Please read on.
(1) Poultry Farming Contribution to Economy:
Income & Employment: Poultry farming business provides steady source of income for poultry farmers and other people who re involved in poultry production such as farm hands, veterinarians, animal health specialists, feed millers and builders of poultry housing. Does this affect national Gross Domestic Product (GDP) positively? Yes.
Investment Opportunities: Investment is one of the variables in the National income equation. This business opens up other investment doors for manufacturers of poultry farming equipment, importers and producers of poultry feed, poultry feed mills, battery cage producers and suppliers, producers and distributors of poultry drugs and vaccines etc. Does this help grow the economy? Yes.
Food and Diet: Poultry meat is rich in protein for humans. Asides this, poultry products and by-products such as eggs, feathers, dung, offals re sources of income for people who consume or use them as raw materials in industries. Does this help national population health indexes? Yes
Sample Poultry Farming Business Plan With Feasibility Studies
Sources of Income & Food:
The following re income and food sources produced by poultry farming business.
Broiler Bird Production: Broiler is produced for meat. It matures fast and can attain average weight of 2-2.5kg within 7-8 weeks.
Cockerel Bird Production: Cockerels are also produced for meet, but its growth is slower and may take up to 20weeks+ to attain marketable weight.
Layer Bird Production: Poultry egg production in Nigeria involves the raising of pullets which produces eggs for sale. Most layers start laying at around 18-22 weeks and can lay for up to a year and half when they re sold off as old (spent) layers.
Breeder Bird Production: Eggs from breeder birds re incubated in hatcheries and eggs hatched to produces day old chicks that can grow into either pullets (layers) or broiler birds.
If you must write good poultry business plan, you must articulate all these narratives into measurable and valuable facts that will help you actualise your poultry business dream.
In continuation, sample poultry farm feasibility studies entails that attention be given to the following factors of production in relation to poultry farming.
Sample Poultry Farming Business Plan With Feasibility Studies
(2) Other Factors for Feasibility Studies:
Land: This is one of the most important assets in poultry farming business. This’s where you build your pen. It’s advised you look for piece of land far from residential quarters for human health reasons. The environmentalist will not let you be if you re closer to residential area. Ensure land topography is flat and the soil is not too muddy or rocky. When building poultry pen, make sure you consult seasoned specialist. A single mistake in poultry housing design can destroy your investment.
Poultry Housing: There re different designs available depending on the type of poultry production you re interested in. Poultry pen should be constructed along the East-West horizon. This will ensure that pen house does not suffer long duration of high temperature during the day.
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In this connection, the design of poultry house is very important to the survival of your stock.
Correct stocking density in battery cage and deep litter system is important as this prevent overcrowding which can lead to tramping, increased competition for food and water, suffocation, pecking and rapid spread of disease.
Sample Poultry Farming Business Plan With Feasibility Studies
Quality Birds: On this, please ensure you get day-old chicks from reputable hatcheries like Zartech, CHI, Obasanjo and Amo farms. I always recommend that Poultry farmers start small. This is because along the line you can learn from your mistakes.
Brooding: Brooding is the business. Even though it is safe to start with some weeks old broiler birds and point of lay as a newbie, it is better to learn how to brood yourself.
Feeds: Cost of poultry feeding carries major share of your total cost of production. Before you dive into this investment, it is good that you calculate and project the funds needed to feed your birds till when they are ready for the market. For instance at adult stage, 250-300 birds will finish one 25kg bag of feed daily. This gives you approximately what one bird consumes per day.
Formulation of poultry feed can be helpful. If you produce own feed, product cost of production will be lower.
Tools: It is important that you get adequate number of drinkers and feeders for birds. The height of these containers must not pose stress to them. Poultry tool include; Housing, cages, Incubator, Feeder, Water Pot, Heater, Laying Nests, Egg Handling Nest, etc. Ensure you budget for all.
Sample Poultry Farming Business Plan With Feasibility Studies
(3) Health Techniques:
Consider the influence of the following in the entire business and take adequate measure to control them.
- In battery cage system, make sure you examine nipples routinely. That’s to ensure none is blocked, clean feeder trays and drinker pipers regularly.
- Observe your birds frequently for any diseases signs. Check them for lack of appetite, clustering, weight loss, discharges from eyes, beaks and nose, faeces-pasted vent, change in consistency and colour of faeces, gaping, difficulty in breathing, reduction in egg production, swollen or discoloured comb and wattles etc.
- Maintaining strict biosecurity and hygiene on your poultry farm will go a long way in protecting your birds against infection.
- Provide foot dip and limit visitors to your farm. Make sure farm hands and equipment re not rotated carelessly among your pen. Spray tires of vehicles coming into your farm.
- Ensure prompt removal of poultry dung as this can serve as source of bacterial growth and ammonia gas generation on your poultry farm.
Diseases and Control:
Vaccination is very vital. It should be given as at when due to protect your flock against endemic diseases. Measures include Newcastle Disease Vaccine, Gomboro Disease Vaccine, Marek Disease Vaccine, EDS Vaccine. Buy vaccines only from reputable outlets to be sure that cold chain is preserved.
Sample Poultry Farming Business Plan With Feasibility Studies
(4) Marketing:
- You need to put in place effective marketing strategy. Success in poultry farming business may depend on marketing strategy adopted for farm. Many poultry farmers in Nigeria lose millions during egg glut when they can’t get market for eggs.
- Extensive market survey will influence how large you want to produce. This will enable you sell off poultry birds and products. Ensure you grow a huge list of middlemen who will help distribute your produce in case one disappoints.
- Source for outlets for your broiler birds such as eateries before you commence production at all. The profitability of broiler production in Nigeria is undeniable. If your re going into layers production, take your time to conduct intensive feasibility study on poultry egg production business in Nigeria.
Sample Poultry Farming Business Plan With Feasibility Studies
(5) Profitability Records and Analysis:
Record keeping is essential to making it big. Record keeping gives good assessment of profitability. Keeping records will help guard against pilfering and theft on poultry farm. You can easily know when there is problem with bird performance from indices such as daily number of crates produced and average boiler weight gain.
Conclusion:
The Feasibility studies:– There could still be other areas of study in this business. At any rate, if you have taken care of all these narrated above, quantify and monetise them, I can say, you have done reasonably well to now start writing your business plan. All the variables generated above are what you will employ writing the busines plan. Well Done.
Sample Poultry Farming Business Plan With Feasibility Studies
The Business Plan:
The business plan can now be made. The schedules and chapter headings may follow the following pattern.
- Executive Summary
- Business Overview
- Management Team
- SWOT Analysis
- Vision Statement
- Mission Statement
3. Business Requirements
4. The Products
5.Marketing Strategy
6. Financial Analysis
Sample Poultry Farming Business Plan With Feasibility Studies
What Consultants Do For You?
Consultants do for you what you can’t do for yourself. Conducting feasibility study of this magnitude and writing the inherent business plan is not an easy task if you don’t have the professional training. That is why the consultant is there, to take this heat out of your shoulder.
You may be thinking that what we have in this 4 or 5 pages is enough for you. This is not true. The real research work and business planning exercise may take up-to 60 pages.
Therefore, I want to introduce Complete Full Marks Consultants Limited to you for this purpose. As professionals, your business plan will be done by them perfectly with minimal fee. If you find it difficult to write your own business plan please contact them via [email protected] or +234 8234347851.
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Sample Poultry Farming Business Plan With Feasibility Studies
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
