Startup a Goat Farming Business with Low Investment/ Business Plans

Startup a Goat Farming Business with Low Investment/ Business Plans
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Startup a Goat Farming Business with Low Investment/Business Plans

Startup a Goat Farming Business with Low Investment/ Business Plans is a free article for you. Rearing goats for meat production is a financially profitable business. Additionally, any individual can start a small scale goat farming business with a small investment. Even, a backyard goat farm is a commercially feasible project. However, you must have the specific land area for setting up the farm. Here in this article, we intend to explore how an entrepreneur can start goat farming business successfully.

 Startup a Goat Farming Business with Low Investment




What you can use Goat For

Commercially, you can raise goats for milk, meat, and fiber. Basically, goats are the multi-functional animal. Goat milk is a popular item for producing full cream goat powder, skimmed goat milk powder, goat butter, goat milk cream, fresh goat milk etc. Additionally, goat meat is a great source of consumable meat. Also, It is very tasty, nutritious and healthy. And goat’s wool is being used for many purposes and skin of goat plays a vital role in the leather industry.


Things to Consider in Starting Goat Farming Business

There are several crucial aspects that entrepreneurs must consider in establishing a commercial goat farm.


  • First of all, survey the local market in your area. Identify the weekly or monthly consumption of the goat meat. Additionally, check the retail and wholesale price also.
  • Check how much area of land you have for setting up the farm. Accordingly, craft a project report. However, you have to consider the investment capacity also.
  • Check, if there is any Govt. subsidy available in your state. If there, apply for the subsidy and loan at your nearby branch
  • Electricity and source of fresh water are mandatory on the farm.
  • You must have some grazing land. Because free grazing system enhances the overall productivity.
  • Select the breed carefully. You can choose both the pure and hybrid breed according to the agroclimatic condition and market demand.
  • Pay attention to green fodder management. Additionally, you can prepare the food at your farm also instead of buying. It will help you to cut the extra cost.
  • For breeding farms may use breeder bucks or artificial insemination depending upon the facilities available.
  • Select employees carefully. Hire manpower who have the right skill and definitely have some practical experience.
  • Identify a vet nearby your farm. Contact him or her for support in an emergency.
  • Method of Establishing Goat Farm
  • Basically, you can establish a goat farm in two ways. In the first option, you have to purchase the matured goats for breeding. And you will get the kids from those goats. The other option is procuring the goat kids of 2 to 3 months. And after growing and getting the marketable body weight, you can sell them.

Basically, the first option is suitable for large-scale farming. On the other hand, the second option is suitable for small-scale farming. However, if you are an absolute beginner, we advise you to start with the second option.

Setting Up the Farm

The primary criteria for establishing a farm is the land. Generally, a one-acre land is sufficient for setting up a small-scale goat farm. However, for a large-scale operation, you need to have more space.

Establishing the farm in a proper way is one of the most important aspects of farm operations. Basically, proper housing design, infrastructure, water availability are the things to consider. A wrong setup can enhance the working capital cost in many different ways. Therefore, it is advisable to plant the housing very carefully.

Apart from the housing, you must consider proper grazing land management, storage, and waste solution. Also, you can use the waste for preparing compost manure which you can apply for fodder cultivation.

Procuring Breeds

After establishing the farm, you have to procure the right breed. You must select the breed according to your end requirement. There are several different breeds are available in India for milk and meat production. Some of the most popular breeds are Jamunapari, Beetal, Black Bengal, Sirohi, Changthangi, Zalawadi, Damascus, Chigu etc. Procure the animals in good health and having good physical features.

Care & Management

You must provide proper care and management to the animals. Hire efficient staffs for the farm operation. In addition to that, prepare the work schedule for daily basis operation. Some of the major areas are cleaning, feeding, breeding care, treatment of sick goats, kids care and special care for pregnant goats.

Proper vaccination is mandatory. Vaccinate the kids as per the recommended schedule. Also, You can obtain 3 kidding in 2 years period by adopting optimal management conditions. Generally, you have to provide one buck for every 25 does in one breeding season.

Marketing

Basically, slaughterhouses are the major consumer of goats. Additionally, contact the hotel, restaurants, and meat processing centers for bulk supply. In fixing the price, consider the transportation charges carefully.

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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

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·         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.

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