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. 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.
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. 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. A good housing system is very important for your poultry farm. 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. 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. 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.
Feeding your birds-: 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.
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. 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. 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. 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. 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.
As for the detailed cost analysis for starting a commercial poultry broiler farm and chicken meat production business; it might differ in other countries due to the value of their money. Finance is a very important factor when it comes to starting a business such as commercial poultry farming. No doubt raising start — up capital for a business might not come cheap, but it is a task that an entrepreneur must go through. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the start — up capital to 3 major sources.
These are the areas we intend generating our start — up capital; Generate part of the startup capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
Broiler Farming Business Plan — Sustainability and Expansion Strategy The future of a business lies in the number of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. We know that one of the ways of gaining approval and winning customers over is to retail our live broiler — chickens and processed and packaged chicken meat a little bit cheaper than what is obtainable in the market and we are well prepared to survive on a lower profit margin for a while.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
These techniques consist of traditional print ads and ads placed on google on the Internet. Below is a information of how the organization plans to promote its solutions to the community.
The Poultry Village will also use an online technique. This is very important as many people looking for regional solutions, such as chicken plants, now the Internet to conduct their initial searches.
Doe will register the Poultry Village with online portals so that prospective clients can easily reach the organization. The Company will also create its own website showcasing the service, its inventory of poultry, initial costs details, and get in touch with details. Finally, Mr. Doe will create ongoing recommendation connections with vets that regularly work with owners of farmers of poultry. As time advances, these recommendation connections with become and invaluable source of income for the organization.
You should offer as much details as possible about your costs as possible in this area. Crowdsourcing site Designhill can help you to design a logo at a very low price. Many talented logo designers will read your design brief to create your logo with new concepts. Designhill is an outstanding platform for bringing together business owners and graphic designers to create design products. Set Farm Location You should think of setting your poultry farm at the most appropriate location.
It is important that the location has all the necessary facilities. Try to build your poultry farm a little away from the town so that you can have the land and labor at a cheaper cost.
However, setting up the farm too far away from the nearest town will be a mistake. Remember that you need to approach a town more often to target your consumers Moreover, a location too away from city may cost you more on transportation. Get Financial Help You may not be having much money at hand when starting your own farm.
But setting up a poultry farm needs sufficient funding. You will be buying a lot of equipment such as feeders, drinkers, perches, lighting system, incubators, heaters or brooders, and many more. Most importantly, you need a huge amount of funds to purchase land. You will put facilities to enhance your productivity.
He says he carries to ETB to buy chickens. You can easily learn how to make poultry feeds, purchase equipment and start producing feeds for your farm. Nazmul Hossain and Ahsan Habib will look after on all marketing and distribution system.
The present unsatisfied demand for poultry meat and eggs in Addis Ababa is estimated at 7, tons and 5, tons respectively. Remember that you need to approach a town more often to target your consumers Moreover, a location too away from city may cost you more on transportation.
Shown on the profit and loss statement, gross margin shows the portion of your revenue — as a monetary value and a percentage — that is left over after paying your direct costs, but not your other expenses. In addition to endemic disease, outbreaks occur annually and may kill entire flocks. It is important that the location has all the necessary facilities. Human resource: In business human resources is one of the most important factors and have a big role in a business organization. A hotel owner in Meki gave Dessie an opportunity to supply eggs to his hotel as a business. 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.
You can start selling off your birds as early as 8 — 12 weeks but full maturity is reached between 20 — 24 weeks. Like I stated earlier, scale is directly proportional to capital. Price system: Pricing is most important factor in any kind of business.
We will equally contribute in busine ss. Egg and meat processing
In times of high demand, he gets additional supplies from the Meki market itself and supply them to his customers. Furthermore, farmers in the area seem to know about chicken production and marketing.
Abishu also has a permanent market linkage with rural chicken traders who directly sell to him.
The availability of genetic information from Ethiopian poultry has considerable academic impact as a resource for study of animal genetics and evolutionary biology in particular and will be a resource available to other scientists through the Domestic Animal Genetic Resources Information System at ILRI and the Frozen Ark project at University of Nottingham. The richest man in the world, Bill Gates, regards poultry farming business as a good, profitable business. In times of high demand, he gets additional supplies from the Meki market itself and supply them to his customers. Remember that you need to approach a town more often to target your consumers Moreover, a location too away from city may cost you more on transportation. Abishu buys chickens from rural villages at a reasonable price and sells them at Meki markets. After entering the required details, the excel template will automatically generate all the financial statements Monthly Cash Flow Projections, Income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization.
Quality assurance is the main motto of our business.
Wire and slated floor, iii.