POULTRY BUSINESS PLAN SAMPLE FOR CHICKEN FARMING
This article sets out to provide a 45 days chicken business plan for entrepreneurs with limited knowledge of what a detailed plan should look like.
Do you need to develop a business plan for starting a poultry venture?
Introduction to Poultry Farming Business Proposal
Because of the importance of this document to the success of your poultry farm, you need to put in your very best in producing a good plan as it can determine the success of your venture.
Let’s jump into the details of this sample proposal, shall we?
Sample Poultry Farm Project Proposal Plan
This free poultry farming business plan template provides the necessary support and developing one is important to success in the poultry business.
The importance of writing a business plan for your new or existing poultry business can never be underestimated. It provides more assessment of your venture and is a core requirement when it comes to obtaining loans and grants from investors.
Unless you have your intentions for your poultry farming business written down, you might miss an opportunity to communicate it to someone else or even to clarify things for yourself.
Whether you’re starting or expanding a poultry business, writing a business plan will help you become clear about what you want to do and how you will be going about it. Most emerging poultry farmers will have to make use of loans or grants when starting their business.
To access these, you will need to write a business plan and submit it to your prospective financier or grant officer.
Here are some basic topics you need to discuss in your business plan.
What is a Business Plan?
A business plan is a basic outline of what your business is all about. It must serve as an action plan and guideline for you to use daily. The essence of it is to act as a roadmap to your desired destination. Be practical when writing it and keep it realistic.
There are several key elements to be discussed in a business plan for poultry farming. They are as follows:
Your Executive Summary
Write a summary of what your poultry farm is all about. What will you be selling and why is it going to work? Your executive summary is an introduction to the rest of your business plan template on poultry production – keep it short and mention the strong points of your plan.
Your Mission Statement
It’s important to explain why you want to start this specific new business. The simple question to answer in your mission statement is “Why am I doing this?”
This section should answer the question of what you want to achieve in terms of income, turnover, profits, and percentages—some achievable thing. Focus on the notion of, “This is what I want to have and how much of it”. It is important to be clear and realistic about your goals. Make them achievable and set your mind to achieving them.
Your Lift Speech
This is where you give the short answer to the question, ‘What do you do?’. Make sure this summary is in line with your mission and goals. By answering this question you will force yourself to be specific about what your business will be doing and how you will be doing it. Write it in less than 100 words.
The Financial Plan
This is the most important section of your poultry production business plan.
Investors and grant officers will analyze and examine your financial info. Be specific about how much money you will need to get started, where you will spend the funds, how long it will take to start becoming profitable, how big your potential market is and what your running costs will be. The key is to show a potential investor that you will be able to make a financial success of your poultry farm and be profitable.
How are you going to sell your products and how are people going to hear about it? How will you be promoting your products? What marketing channels will you be using? What’s unique about your product? Be as creative as possible when looking at various marketing channels.
Do you need a business proposal for poultry farming? Here is a Chicken Farm Business Plan.
SAMPLE PRODUCTION POULTRY BUSINESS PLAN EXAMPLE
It is important for a business that wants to make an impact and be successful to have a business plan. This planning guide is an internal document that is only accessible to only a few members of the organization.
Any venture that plans to succeed should invest efforts at developing a comprehensive business plan that captures every aspect of the business. A business plan provides the necessary support needed for the business to do well in its industry.
In writing a business plan, it is paramount that you know the format to follow and better still, follow a sample in writing yours to avoid wasting time, effort, money and resources. Therefore, I will be using this post in giving a business plan for a poultry farming business which can be used as a guide or sample in writing yours.
I will go directly to the business plan since you should already know the details of the business, that is, how to start and manage it well.
EXAMPLE OF A POULTRY BUSINESS PLAN
- Executive Summary
- Business Overview
- Vision Statement
- Mission Statement
- Marketing Strategy
- Business Requirements
- Cash Flow Analysis
Raising poultry birds involves the production of broiler meat and chicken eggs. It’s one lucrative and wide industry that has attracted millions of investors over the years. Niches related poultry farming include
- setting up a hatchery
- raising broilers
- egg production through layer birds
- marketing and distribution of table eggs
- production of poultry farm equipment like drinkers, feeders, debeakers, etc.
- sales of poultry vaccines, drugs, feeds, and supplements
- feed mill operation
- the construction of poultry pen and battery cage installation
This facility will only produce layer birds to prevent an overlap of ideas and due to the limited resources available. Meaning that in the future, Goody Poultry Farm might decide to bring in more ideas.
It is expected that in the first year of production, 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 has decided to collaborate with experts and investors because the business involves bringing together all available industrial facilities that a single business might not be able to provide.
The most popular form of poultry farming business is layers production because egg consumption cuts across all nations. There are different niches in the poultry business. These include broiler, layer, quail, turkey, ostrich, geese, and duck production.
Because of these various forms, it is advisable to focus on one aspect and then add other aspects with time. This is one industry with great potential.
The main things that serve as hindrances in this industry are high-interest rate, lack of electricity, absence of credit, high cost of products and so on. Presently, the demand for day-old chicks, eggs, and broiler meat remains very high.
The vision statement of Goody Poultry Farm is to ensure the production of good and nutritious eggs, create employment opportunities and create wealth for investors.
The mission of this farming business is to build an efficient mechanized poultry farm that is rewarding at the same time. We are looking at a successful poultry farm that is highly developed and maintained.
Goody Poultry farm will as a marketing strategy employ a marketer at full capacity, the marketer will be employed to sell the eggs produced in the farm from one egg depot to another. Through this marketing activity, many clientele bases will be created.
To make the marketing easier and more efficient, we will allocate a date for all our customers so each customer will have a day when they will be supplied eggs either by picking up the eggs or have it delivered to them at a price.
Also, adverts will be placed on several online media which will also serve as a form of marketing.
The poultry business will be needing several equipment and tools for the smooth management of the business and they include:
- A shop in town will be needed to serve as the warehouse and egg depot, this helps in reducing the number of people who goes to the farm which in turn reduces the risk of a break of security and bio-security.
- Semi-automatic battery cages of good quality will be purchased and installed for the birds.
- Other equipment needed for the business are feed (grower mash and layer mash), point of lay, different medications and vaccinations.
CASH FLOW ANALYSIS
The market has been surveyed to determine the cash flow level of the industry. This helps in knowing if the poultry business is worthwhile or not. Analysis has shown that positive net cash balances are realized at the end of the second year the chicken farm started and this indicates profitability in the industry.
Also, it may not be possible to generate a net return in the first year of production due to the large capital requirements but subsequently, the farm would break even, generating significant profit.
I believe you have been equipped with all it takes to write a solid business plan for your poultry farm.
Here is the link to download our practical poultry production manual.
So start now by creating a counter-strategy to tackle these challenges and success will be yours. This is one of the best articles that can be converted to a planning guide on poultry farming.
Do you need a poultry farming business plan with a 3-year financial plan to apply for funding? Contact me on 08032176523.