Poultry Production Business Plan – The production of poultry farm produce can as well be classified as a very lucrative business, both in Nigeria and across the globe. Going by the high demand of poultry products, most of the poultry farms in Nigeria today are run on a sole proprietary level, only a few have the capital to operate on Obasanjo Farms level.
There are poultry business spinning in millions of Naira annually, although you will have to consider factors such as the cost of running such farm, an example to consider is Okeogoo Agro venture. Okeogoo Agro Venture poultry farming business is a prime example of a sole proprietorship business. This Agro business venture aim to operate at an optimum production level.
The poultry products as well as the provision of other poultry services gives a testament to their quality of operations; a closer review of the business operation of this poultry farm business shows that just like any other poultry business, there is always a high demand for poultry products.
Efficiency in this kind of business can only be achieved when you have a business plan to help you out, preferably the poultry production business plan will go a long way in this regard. Reports has also shown that there are risk as well as high competition since the business involves high demand of poultry products and services.
A business such as Agro Ventures poultry business was built based on an adequate business plans, with a well written plan, there is a possibility of avoiding any unforeseeable failures. Planning before hand helps to mitigate setbacks, notice avoidable risks, risks which includes outbreak of disease which can cause a large number of your chicks death, other things that the business plan can help you with includes;
- Water provision – Provision of adequate supply of good drinking water will help your birds to live well. Polluted drinking water can be harmful to the health of the birds. A business plan will help you to identify the type well or borehole you will want for your farm.
- Medicine for poultry diseases – These birds are not humans, you are likely not going know when your animals are ill, even when you know, you will need the appropriate medication for them. A plan can equip you with the knowledge of helping you to identify and know when to apply medicine to your birds.
- Theft Reduction – Stealing is a a reoccurring factor when it comes to poultry business, with a good plan for your poultry farm, you stand a chance of reducing the stealing of chicken. Some of the ways you can achieve this is through setting up of surveillance camera, keeping up to date records of all your animals, constant inspection of the farm etc
- Protection From Fire Outbreak – Not common among poultry farmers, but I have witnessed it on two different occasion on different poultry farms. Have gadgets that your help you fight fire, or simply have a practice that will possibly avert fire outbreak etc.
What You Can Use Your Poultry Production Business Plan for;
- Apply for bank loan and advances – Majority of my clients are loan applicants. In most loan schemes around, one of the requirement is for the applicants is for the applicants to present a document that clearly outlines their plans on how they want to utilize the fund they will be receiving. A business plan on poultry production will help in that regard. Financial institutions that offer loans include, bust not limited to the following, Zenith Bank, Fidelity bank, GTbank, Access bank and host of others.
- Apply for grants – This is similar to application for loans, which is majorly from commercial banks, however, the most popular grants are issued by the government. There is a grant for Rice farming which can be accessed via Bank Of Industry, you get to access different kind of business grants.
- Used as a business proposal – Almost falls into the category of loans and grants application. However, in this case you may want to edit or rewrite some aspect of the document to give it a feel of a business proposal.
- Used as seminar presentation – I have had students who need a business plan template that will help them on their research. Usually, this business plan can serve as a research material for most school work.
In addition you can use the business plan for these also;
- Arrange your management team – A business plan should have a section where you get to outline your management team, staff number, hiring criteria etc.
- Select the best location for your business – Since you must have done a lot of research on the business, in your business plan you should include the location that best favors your business. The essence is the ensure business growth.
- Identify your competition – In your business plan, you should add your direct and indirect competition, for example, for a farm in Edo state, your indirect competition is former Presidents farm in Ogun State, however your direct your direct competition are those poultry businesses within your state, the people you share market with.
- Know your target market – This is actually important on the long run. Having a market that is ready for your product. You may wish to have this figured out before starting your farm, the reason is not to be stranded. Potential target market can be the following, Hotels, Restaurants, Supermarket stores, Homes, Cold room businesses etc.
Things You Need To Run Poultry Production in Nigeria;
- Have a qualified veterinary experts who will be visiting your from on a regular occasion.
- Get a water tank that will constantly supply adequate water for the farm
- Ensure that the location of the farm was selected based on the prevailing conditions of running a poultry business in Nigeria.
- Ensure you provide adequate security.
- Ensure the provision of fire extinguishers for the farm.
Some Product Of Poultry Farms
Here are a few products of poultry farms that are always in high demand, see below,
- Live Chickens
- Eggs – This includes the production of both big and small size eggs etc
- Poultry excreta, can be used for manure. This can be useful to lives stock farmers.
Potential Customers Of Poultry Products
- Chicken retailers
- Meat shops
- Fast Food joints
- Restaurants
- Hotels
- School canteens
- Catering Businesses
- Shopping Malls and Supermarkets. etc
To get the full Poultry Farming Business Plan…… Pay N10,000
TO
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made for the Business Plan, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.
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