Pig Farming Business plan – In Nigeria today, livestock farming is about the only kind of farming that will guarantee you of success if all things are equal. Anywhere in the world, livestock farming is considered a lucrative farming option, given the profit potential and return on investment.
Pig farming is not one of those agribusiness that gets people excited, this is because of the work involved in farming pigs. It has remained one of the most rewarding livestock farming venture in Nigeria, the thing is, pig farming business venture thrives when adequate plans are put in place and if the information contained in the business plan are used to the later.
There are options to getting a business plan, you can get from a reliable source or from a well written business plan writer, there is also an option of buying, this option is cheaper, here you have professionals writing these feasibility study with every required information needed to have a successful Pig Farming Business.
The pig farming business plan is a farming template that has with time been updated to match current economic condition of the country, this is to say that information contained in the feasibility study in relation to data will not be far from what is obtainable in the market.
Uses Of Pig Farming Business Plan In Nigeria
Apart from the business of farming, you can actually use the Pig Farming Business Plan for other purposes, here are what you can use the business plan for;
- BANK LOANS – After getting your business plan, you can use it to play for bank loans from any commercial bank issuing loans, an option of banks issuing loans for agriculture can come from bank of agriculture.
- GRANTS – There are various grants being issued to entrepreneurs, all you have to do is to fish out the agency issuing loans for agricultural purposes.
- PROPOSAL – You can use the business plan a business proposal, where you can obtain fund for your pig farming business, since the information contained in the document are well articulated, you stand a better chance going with this feasibility study.
- Seminar presentation – You can use information from this business plan to form the basis of your seminar research, since the information contained in it came from a rigorous research work.
- COMPETITIONS – You can go for competition where you win a prize or scholarship, especially one for entrepreneurs to commence their journey in business. You stand a chance of winning given the information at your disposal.
One that to a certain extent can guarantee returns on investment. Given the information from ministry of agriculture, pig farming business is regarded as one of the most lucrative animal breeding business.
Estimated Growth Of Pigs In A Farm
It is estimated that a sow (also known as a female pig) has the capacity of giving birth to 10-15 piglets (baby pigs) with one pregnancy, and this can be at least two times in a year. In essence if you start your pig farming business with 5 sows and 2 Boars (also known as male pigs). By calculation you should have an approximate 150 pigs in your farm every one year.
And these pigs tend to grow faster than other livestock, due to their nature. The possibility of fast growth ensure more sales of your piglet and also the grown ones. It is Ok to start with at least 10 piglets which maybe sold for N5000, and then after 24 weeks its growth process which includes feeding and medical attention if necessary, when they mature they could be sold at N50000 or more each.
What most people do not know is that there are a lot of people prefer pig meat that any other type of meat in the market, in fact most market now have large market for pig meat and the number of customers trooping in to buy will tell you that pig meat has become a major meat option for most Nigerian families.
Factors Involved In Setting Up Pig Farm
These factors are often peculiar with livestock farming;
Get A Business Plan – Pig farming business requires a plan, a plan that will help in executing the farming venture into a success, this business plan should reflects what you have in mind for the farming business, it should contain the number of pigs to start up with, the money to be invested etc. You contract us to write a business plan for you, there is also a better option of buying one of the business plan.
Other Factors To Consider;
- Location of the business
- Selecting the best piglet for your farm
- The best feeds for your pigs (buy the best feed even though expensive, you have option).
- Employed trained staff that can work in your farm.
Highlighted features Of Our Pig Farming Feasibility Studies
Executive Summary
- Objectives
- Mission
- Keys To Success
- Choose a pig breed
Company Summary
Products
- Competitive Comparison
- Future Products
Market Analysis Summary
- Market Segmentation
- Market Needs
- Competition and Buying Patterns
Strategy and Implementation Summary
- Competitive Edge
Management Summary
Housing (Capacity for 120 adult pigs, wood work cost, roofing cost, brick laying cost, labor cost etc)
- Farm Management
- Feeding
- Drinking
- Vaccination
- Manpower Requirements
- Farm Equipment
7.0 Financial Plan
Profit Projection for 10 Female Pigs (Will produce 150 piglet/adult Or More In 12 months Under Good Management).
To get the full business plan on the pig farming, pay N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.
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