How to Start Lucrative Poultry Farming in Nigeria/ Business Plans

How to Start Lucrative Poultry Farming in Nigeria/ Business Plans
https://1.bp.blogspot.com/-L5YAe5-Jit0/XCTNVzQ72iI/AAAAAAAAANI/Pfc0Q3f1GEI8h3HEYHe10OPpH_yWG53xQCLcBGAs/s72-c/1.jpg

How to Start Lucrative Poultry Farming in Nigeria/ Business Plans

How to Start Lucrative Poultry Farming in Nigeria/ Business Plans is a free guide on Poultry farming Business. Money really makes poultry farming interesting.  As a matter of facts, Poultry Farming in Nigeria is probably one of the most lucrative farming business.  More specifically, when it is setup and managed properly. The farmers we currently have are not producing enough poultry and will not be enough even in the next ten years! Furthermore, this aspect of livestock farming presents itself as one of the finest opportunity for entrepreneurs to make good money. This money is just within the shortest period of time. However, this is made possible when you choice a quick maturity bird.
How to Start Lucrative Poultry Farming in Nigeria



Poultry Products 


  • Furthermore, With over 160 Million consumers in the country who buys poultry products on daily basis, the market is always here waiting to be tapped. The demand for eggs is so high that people go about everyday looking for where to buy eggs for supply.
  • So, how exactly can anyone who wish to start poultry farming in Nigeria be able to go about it and come out very profitable? This article will cover a lot of ground, and it is written based on personal experience and continually updated to make sure the information here is as accurate as possible at all time.
  • This very post will take more critical look at the business and how entrepreneurs who are interested in this business in Nigeria could start easily without wasting much time and resources.
  • Anyone can engage in poultry farming business, it doesn't matter your educational or financial background. You can start at any level and grow as big as you want with time. The most important thing is that you are interested in starting somewhere. 
  • This articles will focus on how to start small and grow big which I think will interest anyone with limited financial capacity who wants to start small without involving much risks.
  • One of the factors that makes poultry farming business ideal is because chickens grows very fast. Unlike goats that takes 2 to 3 years to mature, a chicken can be ready for the market within 28 weeks from birth. That is why it is considered ideal business for loan takers who may actually invest the loan and within 30 to 40 weeks, they may start paying back through the money realized from sells. That is if everything goes well as planned.



Profit Potential in Poultry Farming Business

  • Chicken Reproduce Fast

Average healthy Layer lays egg almost everyday or at least 4 times in a week. Some Breeds can lay as much as 325 eggs in a year and take 21 days to hatch. This means that technically a Layer is capable of producing another chicken twice in three days.

So, if you have 500 healthy layers of good breeds (such as California white) they are capable of reproducing a whooping 12,000 chicks within 40 days!


  • Chicken Grows Very Fast

Within 21 days, the egg is hatched and within 28 weeks, they are ready for the market. That means a farmer may start making his money in just 34 weeks after successfully setting up his farm and whatever returns he make could be doubled in a year based on this calculation.


  • Chicken Sells at Very Good Price

A fully grown healthy chicken sells between 2,000 to 2,500 naira in Nigeria. Therefore, if you produce 12,000 chickens in your farm, you will be making N24 million by the time they are completely sold.


  • Egg market

Egg market in Large too – Apart from the chicken, the egg is another money of it’s own. A crate of eggs sells for N500 – N550 for smaller eggs and N600 – N650 for bigger ones. Each crate contains 30 eggs. Therefore, if you have 500 layers that produces 12,000 pullet in a month and decides to sell all, you will be making N200,000 to N260,000 monthly.


Profit in Poultry Farming in Nigeria 


As you can see, the profit in poultry farming in Nigeria is mouth watering and the turn over time is fantastic. The big question now is how to get this business started?


  • What Your Poultry Business Plan Should Look Like
  • Poultry Farming in Nigeria
  • Medium scale poultry farm in Nigeria



Effective business plan

Draw out your effective business plan. Poultry business plan is like a road map leading you to where you are going in you business. It will help you know where you are at any point in time. Hence your business plan should include:


  • Decide on Type of Poultry Bird

Here you choose Chickens (Layers and Broilers). We choose chicken because that’s what this article focuses on. There are other types of birds that are good for livestock business too,  such as Goose, Duck, Turkey, etc.


  • Write Down your Area of Interest

You can’t just be in all aspect of poultry farming in Nigeria. You have to choose your area of interest where you would like to concentrate your business. This will ensure high level of focus and professionalism. If you can do two area, no problem. Below are some of the major Niches in Poultry Farming in Nigeria or elsewhere.


  • Layers Breeding which is egg production by Layers


Broilers breeding which referrers to the chicken meat production by Broilers
Hatchery which has to do with breeding chicken for the purpose of Hatching new chicks
Poultry feed which is producing feeds for other poultry farmers
You may choose to Breed Layers and Broilers at a time or one of them. Hatchery is better done independently just like feed production. So, you choose your area of focus


  • Sort out Location



  1. This has a direct effect to your startup cost. A location in a very remote rural area will cost far less than the one close to the urban area. Remote rural area with good road is the ideal location as you will be free from regulatory agencies and drive down the cost of labor too.
  2. As a person new to Livestock business, you don’t want to invest all your capital into buying lands in urban area which may turn out not being used. Government policy is against setting up poultry farm near residential/urban areas for health implications.



  • Secure you Poultry Farm Starting Capital

With location in mind, you now have clearer idea of the capital required of you. Write down your detailed capital and investment requirements for your poultry farming in Nigeria venture and set out to source for it.

Like every other farming projects, the bigger you plan to start, the more investment required. You need to decide on the level of capital investment you are willing to commit into this business before starting.


  • Small scale Chicken Rearing (of about 50 birds) kept in cages at the backyard of your resident will take about N70,000 to start.
  • A medium scale poultry farming that requires land and housing and other materials in 1 – 2 plots of Land takes about N500,000 to N5 Million to start.
  • Large scale or Intensive poultry farming that requires high level of sophistication and more careful planning and professionalism, using advance Livestock farming techniques takes from N10 Million.



  • Setting Up Your Poultry Farming In Nigeria


With your business plan is in place, the next is to proceed to setting up your farm without delay! At this point, it is my believe that you already have the money in your hands. So here are the things you need to acquire and put in place.


  • Buy Poultry Farm land


Like we said earlier, look for land in a remote location but make sure it’s not too far from the city. A place like Ijebu Ode, Remo Area, Imota in Ikorodu. These places are perfect if you are in Lagos. Other places like towards Oshogbo after Ibadan isn’t too far too from the major city like Ibadan.

You can get Acre of land there for cheap price, cost of lands in most cases is determined by the sellers. But we may suggest price during commenting. So drop your comments below and let’s get the discussion going.


  • Build your Poultry Pen Structure


House is very important for chicken rearing and effective keeping and management. Poultry housing are classified according to the scale and the management system. The most common types of poultry housing used for poultry farming in Nigeria are:

•    Deep litter-
•    Half litter and half slats –
•    Battery –
•    Semi-fold –


  • Buy Day Old Chick


Look for good Hatchery where you can get healthy day old chicks to start with. It costs from N140 to N200 sometimes up to N300.

Standard poultry farm picture
A new poultry farm populated with day-old-chicks


  • Items you Need for Poultry Farm


Feeders, Drinkers, Perches. Nests, Crates, Lighting system, Waste disposal system, Incubator, Heaters or brooders, Egg tray, Cages and coops.



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 you demand today.

Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
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 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



  • 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?

Payment Methods 


  • 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…………

Related product you might see:

Share this product :

Post a Comment

To Get Updates - Enter Your E-mail and Hit Enter :





 
Copyright (c) 2012-2014 | All Rights Reserved Chris Farm Nigeria | Our Products | About Us | Contact Us Privacy Policy
Designed by : Martins Library Team