Snail Farming Business plan in Nigeria – In all our snail farming business plan posts, we’ve made sure that we share as much information as we know can help you start up your own business as an entrepreneur, not just starting, but also the ability to sustain the business going forward. We already know that persistence, consistency and perseverance will help you grow your business even in hard times.
On this post, we’ll be giving you a guideline on how to write a business proposal on snail farming. One thing is that, there are some certain steps that must be taken in order to write a very good business plan, this is not comprehensive information, but it sure you answer your question on how to write a business proposal on snail farming. There are not so many free manual on snail farming that are accurate, as they will not get you what you may need.
Our snail farming business plan gives you a complete cost analysis of snail farming in Nigeria.
How You Can Source For Fund Using Snail Farming Business Plan;
The business plan cum feasibility study can serve many purposes, and this include but not limited to the following information, see below;
- Bank Loans – One of the things that will convince a financial institution into giving you some fund to begin your business venture is the presentation of a suitable business plan or feasibility study. All most banks who are in the habit o f helping small businesses want to see is the plan your have for business and then your repayment plan. A well written business plan will help you in that regard.
- Grants – Grants has similar feature as bank loans, only that most times, they are issued by specialized bodies. Most grants are most given by government o f your resident country or even foreign government gets involved sometimes. There are grants from world bank, who etc. An application with a business plan will give you an edge over other who didn’t apply with one.
- Business proposal – When you put yourself in the position of some of these big establishment, you will understand the importance of business proposal. A proposal tells the prospective investor of you plans in making the business a success, these includes financial projections, estimated capital required to start the business, all these put together will make your business proposal presentation have a little bit of weight.
Other things you can use your business plan for includes the following;
- Academic project research
- Seminar work
- .. etc
This is what the business plan Looks like;
Table Of Contents For The Snail Farming Business Plan Manual
Chapter One
- Snail Farm Executive Summary
- Snail Farm Objectives
- Mission
- Proposed Capacity
Chapter Two
- Snail Farm Products and Services
- Products and Service Description
- Technology
- Sourcing and Fulfillment
- Company Locations and Facilities
Chapter Three
- Snail Farm Market Analysis Summary
- Main Competitors
- Target Market Segment Strategy
Chapter four
- Snail Farm Management Summary
- Management Team
- Equipment/Machinery Requirement/ Land & Building/Seed
- Personnel Plan
- Raw Material Requirement
Additional Information Included are;
The business plan or feasibility study includes a projected profit and loss for a 1,000 point of laying snails, this information covers (i) a 1,000 Snail Reproduction Analysis, where figures are included, (ii) an Operating/Administration expenses, this reels out information on your operating cost and (iii) a Total Profit Projection, this gives a comprehensive but estimated profit margin (return on investment). The advantage is that you now know the cost of starting a snail farm business in Nigeria, though it is on estimate.
Problems Of Snail Farming In Nigeria
One thing that most snail farming post or articles won’t tell you is that there are challenges facing snail farming in Nigeria, we have decided to outline few of them in a nutshell; see the problems below;
- Inadequate Planning – There is an adage that goes “He who fails to plan, plans to fail”. That phrase is directed to business entrepreneurs. Planning is fundamental in any type of endeavor you want to go in today, without planning, you might just be running blind. A plan gives you a foresight on what you want to do in the business, just like we’ve discussed financial projects earlier, a plan gives you a hint on how much you should be investing and also how often you should expand.
- Location – Snails are delicate creatures, hence you need to have the perfect or near perfect location where you can start up your own snail business, check out for soil, and also consider the number of sails to start up with, a recent study has shown that an overcrowded snail farm may lead to infertility, you do not want that.
- Number of Snails To Start Up With – Most times, most snail farmers fail to understand the dynamism in snail farming, as delicate as they can be, you snail can be affected by the its environment, and this can be attributed to the number of snails in your farm, in the point above, we also made mention of overcrowding and how it can affect their fertility.
Other Problems encountered includes;
- Getting the Snail species
- Knowing the best Feed for the snails
- Soil condition – This should be a subsidiary of location
- Reproduction
- Harvesting
One thing I usually add in all of my articles on business plan is how lucrative the business can be. To that effect, snail farming is a very lucrative business, this strictly depends on the method you adapt in your farming process. That is why I am recommending our business plan manual, it has all you need to successfully run your own snail farm in Nigeria.
To get the full Snail Farming Business Plan in Nigeria (Including The Financial Projections And All), 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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