Feasibility study of poultry business plan

By means of additional ingredient or components to the product.

Feasibility study of poultry business plan

Egg tray Cages and coops 7. Feeding is a major aspect of poultry farming. 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 feeds I 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.

feasibility study of poultry business plan

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.

Poultry Farming In Nigeria: Business Plan, Feasibility Studies, How To Start [PDF Download]

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. 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.

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.

How to Conduct a Feasibility Study the Right Way

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. 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. 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 ratsants, 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.

Starting a Poultry Feed Mill – Sample Business Plan Template

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.Starting a poultry feed mill is one business that an entrepreneur can start and make cool profits from especially if the business is located in an area that has appreciable numbers of poultry farms.

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Are you planning to set up your own poultry farm and needed to carry out feasibility study on poultry farming. It create great business opportunity for Entrepreneurs, and provides employment for .

Bankable Business plans/feasibility study on Poultry business - CHRIS FARM NIGERIA

Poverty Alleviation Programmes – The Efficacy In Dependent Societies: A Case Study Of National Poverty Eradication Programme (napap) In Ebonyi State. Poultry Business Plan and Feasibility Study -The business plan is written on the establishment of a poultry farm that will specialize in the production of egg for both household and industrial use.

The project (firm) will require an initial capital of N1,, that will be used for renting of land, buying of equipment, feeds chicks etc.

Poultry Farming Business Plan/Chicken Feasibility Study