Step by step guide on how to start a lucrative poultry farming business in nigeria
One business that have prove to be a very lucrative and fast income generating business in nigeria and the world at large is the poultry farming business, though with some risk level but with a lot of profit potentials, it will interest you to know that the poultry farmers we currently have in Nigeria are not enough to meet the hungry market demand and probably may not going to be enough even in the next decay! This is because poultry farming is a business opportunity that solve a urgent need and can earn an entrepreneur high return on investment within a short period of time if probably run and monitored.
Poultry an exceptionally viable and lucrative business you can run on small scale, one of the factors that make poultry business ideal business is because chickens grows very fast Unlike other domestic animals that takes lot of years to mature, a chicken can be ready for the market within 28 weeks from birth. That is one of the reason why it is considered ideal.
On the down side of the business, Truth be told It can be a dangerous business all of a sudden, particularly when you are not well equipped and when running a poultry administration that's not healthy.
This detailed article would give you a knowledge on the best way to begin the business, how you can develop it effectively, and turn it into a money spinning venture.
Poultry farm birds require vitality. If your end goal is to be very successful running poultry business then you must be ready to acquire the necessary development tool for your poultry farm, you need to buy and give profoundly nutritious poultry sustain to your birds. It is a set and established business, so a wide range of vital offices resources needed are very much available and accessible.
HOW TO START POULTRY FARMING BUSINESS IN NIGERIA
Steps to take when starting a poultry farm business.
Select Your Poultry Niche
First thing required of you when starting a poultry farming business in nigeria is to know what you want first, this is because Poultry industry is an extremely expansive business venture with a vert distinctive niches. The following are corners in the poultry business.
Meat creation: Basically Broilers rearing, this set of Chickens are raised for meat production and they are suitable for consumption within the range of 6 weeks to 8 weeks of age. Though broilers have many breeds also depending on how old they are before buying them.
Chicken rearing: Hatchery Cockerel It is very strong chicken and varies with its colors. It is mainly raised for hatching of eggs to smaller chicken. They are resilient and withstand many forms of bad weathers.
Egg creation: which involve rearing of layers bird, this set of chickens are mainly raised to produce eggs and they starts laying eggs at the age of 11 weeks and within some time they will start laying eggs regularly and frequently.
Poultry feed production: This is very essential part of poultry farming in Nigeria as the feeds you give to your chicken will result to how fast and healthy they will grow, you can begin producing and selling these feeds to poultry farmer.
Other niche of poultry farming business include
Poultry gear, equipment and and manufacturing
Egg and meat handling, bundling and advertising
Poultry farming and consultancy (business aspect)
This explains to you that poultry farming business has an exceptionally expansive branch which you can choose which part you want to focus on. Along these lines, you need to pick your range of specialization. Obviously, in the event that you have the cash and the specialized know how of the business you can do all, yet it is ideal to figure out which viewpoint is more beneficial in your general vicinity regarding interest and salary.
Location And Housing
This is one of the most crucial factors that needs to be considered when starting a poultry farm business, the extent of location rely on upon the type and quantity of birds you want to raise as well as the farming framework. It's generally advisable you find a location that is far away from major town or center of city this is to avoid any form of pollution and un-necessary disturbances that can negatively affect the birds.
There are basically three housing methods of raising poultry farm.
Furnished Cage Method : It involves constructing wooden and mental cage for the chickens which will house them, this method can only house few chickens because with time when the birds start developing into stages more chicks will fill up the area, This method is often a good idea for entrepreneurs who want to start this business on a very small scale.
The deep litter system : It involves raising up the chicken in floor which is covered with some material while some prefers to use Saw dust. This method is also an ideal and common one, mostly used and widely accepted by start up poultry farmers, It enables the chicken to exercise themselves and move around while they eat drink and lay eggs.
Battery Cage Method: This type of method is very common in Nigeria and other countries. It is more modernize, made of metal cages and arranged in rows. It allows the excretion to drop down easily and very easy in collecting the eggs of the chicken. Food is provided in front of the chickens while water is set above the food.
This depends on what you want, your budget and business plan, but it's advisable to properly settle down and do your numbers well before concluding on what your estimated budget would be. A little scale poultry that is set up on a real estate parcel behind your home may require a capital of N70,000-N150,000 to begin with.
Feeding is next to everything when talking about poultry farming, feeding determines a lot of things that happens to your birds like how fast and healthy they will grow. Feeds can be purchased or manufactured manually but as a beginner and small scale business man in the farming business, I recommend you purchase the feeds. nutritious and regular feed will go along away on how the birds will grow properly.
Clean and natural Water are needed to be provided regularly as well, Some feeds are recommended for the early stage of the chicken while others are good for the growth and some better for layers to be able to lay more eggs and some are more nutritious that it fattens the broilers more. So you have to always ask the sellers and dealers of the feed about what you want and for what purpose you want it to serve.
IMPORTANT THINGS YOU NEED TO NOTE FOR A SUCCESSFUL POULTRY FARMING BUSINESS.
- Sustainable and Wellspring of water.
- Poultry farm must be clean always to make it free from a wide range of creatures and predators.
- Make profound liter clean frequently, the nourishing and
watering gear in appropriate separation from one another.
- Feeds should be given to birds regularly to enhance growth.
On Lacation and housing:
- Location and housing must be all around ventilated.
- Attempt and make the house north to south confronted.
- On account of making various houses, the separation between one house to another house ought to be around 40 feet.
- Before bringing the chick into the homestead, clean the house and the whole ranch range appropriately.
On Marketing And Selling:
- Good administration
- Legitimate transportation
- Know your target market
- Have a business plan
- Have a marketing plan
- Build a brand.
Starting a lucrative poultry business in Nigeria is a very lucrative thing to do considering the fact that Agriculture is a very booming sector in Nigeria and the federal government is supporting this farmers or business people with lots of incentives to motivate them to keep on doing their business. There are easier way now to acquire loan in the Agricultural Bank of Nigeria and there are many banks that are willing to support and finance the SMEs in Nigeria.