Tax rate, levies and duties Currency exchange rate, etc.
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: Galla goat, the king of milk and meat in Kenya 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. 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 feasibility study template business plan 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.
Majority 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.
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 rats, ants, etc and predators such as hawks, snakes can cause massive loss Lack of support from the government Taking a close look at Kenya today, you will attest to the fact that the government shows little or no interest in poutry farming.
The government is more interested in other sectors 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.
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. 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.Business plan in Nigeria.
How to write business proposal. Samples to help you become a professional feasibility report writer. Definition. Feasibility Study is a formal project document that shows results of the analysis, research and evaluation of a proposed project and determines if this project is technically feasible, cost-effective and profitable.
The primary goal of feasibility study is to assess and prove the economic and technical viability of the business idea. You can use this Feasibility Study template to perform a preliminary study to determine a project’s viability, analyze the problem and then determine if it can be solved effectively.
As a member, you'll also get unlimited access to over 75, lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed. A construction business plan can provide the owner-manager or prospective owner-manager of a small construction firm with a pathway to profit.
The report, no matter how elaborate, should be prepared before one undertakes any business or expands the existing one. Feasibility Report can be prepared by the prospective investor or consultancy firms who charge fees depending on the value of the project and how elaborate is the proposed investment opportunity.
If you are determined to start your own chicken farm, here is a free poultry farming business plan sample you can use to develop yours. For broiler and egg production, business planning is one key to success. A poultry farming business plan template provides the necessary support and developing one is important to success in poultry business. Do you need a sample business plan for starting a. The report, no matter how elaborate, should be prepared before one undertakes any business or expands the existing one. Feasibility Report can be prepared by the prospective investor or consultancy firms who charge fees depending on the value of the project and how elaborate is the proposed investment opportunity. The Sections of the Actionable Business Plan Template. This one-page business plan template just contains the sections necessary to keep you on task and accountable.