( Sample Cost Analysis For 300 Broiler Birds till Sales (3 Months & 2 Weeks)Ī poultry bird (Broiler) consumes medications, vaccinations and feeds in total of N2,500.00 Also, the FarmCrowdy platform creates a great opportunity for small-scale farms to generate funds. There are a wide range of credit schemes that support agricultural projects such as the Lagos State Employment Trust Fund (LSETF), Central Bank of Nigeria (CBN) and Bank of Industry (BOI). Secure Starting Capital: With the location in mind, you should create a budget for your expenditures (equipment, building, land, staff costs, feeds etc.).A remote rural area is an ideal location because it is unsafe to set up a poultry farm near residential/urban areas for health reasons. A location in a remote rural area will be less expensive to start a poultry business. Location: The choice of business location is a very important factor.It is advised to focus on one venture as a start-up business. These include layers breeding, broilers breeding, hatchery or poultry feed. Areas of Interest: There are a range of business ventures in poultry farming.These include chicken, goose, duck, turkey etc. Type of Poultry Bird: There are several ranges of birds to choose from.
Your business plan should include the following: Before setting up a poultry, it is important to develop a business plan because it will aid in planning and overall efficiency. This article will focus on the requirements on starting a poultry business, its market attractions and major challenges encountered while conducting business.
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