Poultry farming business is one of the lucrative business you can start in Nigeria. It is an easy to start business, once funding is available. So, if you’re thinking of starting a poultry farming business, here is a format and sample of Poultry farming business plan for you. This poultry farming business plan will serve as a blueprint for your proposed poultry farming business. The plan is well researched, carefully written and can be adapted in different parts of Nigeria and even.other Africa countries
The content of the poultry farming business plan is as follows;
1.0 EXECUTIVE SUMMARY
2.3 KEY SUCCESS FACTORS
2.4 INHERENT RISKS
2.5 BUSINESS OWNERSHIP
2.6 LOCATIONAL FACTORS
2.7 AVAILABLE MARKET
3.1 PRODUCT DESCRIPTION
3.3 MARKET DEMAND
3.4 PROJECTED ANNUAL DEMAND OF POULTRY Product
MARKET, CUSTOMERS AND COMPETITORS
4.0 MARKET ANALYSIS
4.1 CUSTOMERS/MARKET SEGMENTATION
5.0 MARKETING PLAN.
5.1 PROMOTION STRATEGY
5.2 MARKETING STRATEGY
5.3 MARKET POSITIONING
TECHNICAL ANALYSIS, MANAGEMENT AND ORGANISATION
6.0 TECHNICAL ANALYSIS
6.1 SCHEDULE OF OPERATION
6.2 MANAGEMENT AND ORGANISATION
6.3 VALUE AND NORMS OF THE COMPANY
LEGAL, ENVIRONMENTAL, SOCIAL AND REGULATORY ISSUES
7.0 LEGAL ISSUES
A SWOT analysis carried out on the project reveals the following:
8.2 EXIT STRATEGY
9.1 SUMMARY OF PROJECT COST
9.2 FIXED CAPITAL INVESTMENTS.
9.3 WORKING CAPITAL FORECAST
10.0 OTHER CONSIDERATIONS AND CONCLUSION
10.1 ECONOMIC JUSTIFICATION
10.2 COMMERCIAL VIABILITY
The following report and recommendation relate to the plan to establish a poultry farm in Nigeria preferably Jos, Plateau State.
1.2 The project would require a start-up capital of about N300,000 for working capital.
1.3 The enterprises vision is to be the most outstanding poultry farm in Nigeria.
1.4 The project will be located in Jos, Plateau State Nigeria. Poultry farming thrive very well in Jos because of favourable climatic condition, easy access to market and the fact that the area is one of the most indigenous places with high demand for poultry products.
1.6 The financial projections show that the project would be financially stable and liquid by the time it matures. The sales figures stand at N950,000 for year 1, year 2, and year 3 respectively. Also, the profits after tax are: (700,000)
The cash flow position is equally good and encouraging by the second year through the third year.
1.7 The competitive edge of the enterprise lies in its ability to provide the best products in Poultry farming with cognizance to these services:
- Sale of boilers
- Sale of two-weeks chicken
- Sale of poultry egg
- Sale of poultry meat (refrigerated)
- Sale of old layers
- Sale of Local poultry feed
Poultry farming is the process of rearing domesticated birds such as chickens, ducks, turkeys and geese for the purpose of providing meat or eggs for food. The business is truly a necessity in ensuring adequate supply of poultry products. Poultry products such meat and eggs are good sources of protein in our diet and many people preferred poultry meat to red meat (cow meat).
The business will be focusing on Boilers, layers and guinea pig rearing to avoid overcrowding of ideas with limited resources for the main time. Meaning that in the future, there will likely be an expansion/diversification.
It is expected that in the first year of sales, the farm should be able to produce about 60 crates of egg daily and generate more than 1 million as revenue. Spent layers should be sold at the end of a year of laying and the money should be used in getting replacement birds.
The business will collaborate with experts and investors to bring together all available industrial facilities that a single business might not be able to provide.
The poultry farm will be established to make relevant difference in poultry farming in Nigeria. It will be founded with the right mindset to supply esteemed customers with the best quality of poultry products, making poultry farming a passionate and rewarding venture with well-harvested breeds of poultry birds.
To provide quality poultry products at best price.
To make available fresh poultry to every consumer.
Target markets include:
- Poultry dealers both in retail and wholesale
- Event planners
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It is one of our best so far. This Poultry farming business plan is well detailed, researched and carefully written. A case study in Jos, Plateau Nigeria but can be adapted in all the states in Nigeria
If you are planning to start up a Poultry farming Business, having a good business plan will help you beat your competition.
If you are seeking for financial support from bank, investors etc. to start up a business on Poultry farming, presenting a well feasible business plan on Poultry farming will give you an edge.
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There is no doubt that poultry farming has become one of lucrative, and easy start business in Nigeria. This, of course has created many business opportunities. One of such business opportunities is the distribution of poultry products.
Many people enjoy eating poultry meat. Poultry products are fast selling products.
Applying all the strategies found on this poultry farming business plan, will likely give you an edge over your competitors.
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I actually wrote this for those who are planning to start up a profitable Poultry farming business afresh but even those who are already into poultry farming business will still find it useful because of the explicit of detail.
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If you need this business plan for your poultry farming business; simply send us an email at [email protected]