Starting poultry farming business is a great decision to make for anyone who wants to make money in the farming business. However, it is a choice that requires meticulous planning, training, preparation and investment. If you are yet to start your farming business and you are looking for a guide, worldfarmerscentre has got you covered. Here are things to consider when starting poultry farming business in Nigeria and beyond.
What is your niche?
This is probably the most important question for anyone looking to get into the business. Poultry farming business is wide. The market covers a lot from meat production, to egg production, to feed production, to medicinal production, to flock raising, to equipment production and a lot more. Identify your niche first and foremost to give yourself a precise direction.
What breed of bird do you want to use?
Learn MoreDifferent breeds and species of poultry birds carry their own maintenance cost, and some are less than others. Things that also vary between species include market demand, hardiness, and marketability.
Some bird breeds you can raise on your poultry farm are Chickens (Broilers & Layers), Turkeys, Guinea Fowls, Quails, Peacocks, Ducks, Geese, etc. Choosing the breed will help you determine what you want to achieve from each bird. If you want to go into meat production, go for broilers. If you want to produce loads of eggs, go for layers, and so on.
READ ALSO: 24 Poultry Farming Facts That You May Not Really Know
Where is your farm located?
The location of your poultry farm is very important. Setting up a farm in a remote area is far cheaper than in a city area because of low population density. Also, governments seldom permit large scale poultry farming in urban areas because of the health implications, so you’d need to place your poultry farm off-city. The location must not be too far from a city area for ease of transportation and exposure to potential buyers. It’s a lot cheaper and safer to travel for 1 hour than to travel for 6 hours to deliver your poultry products. Pick an area with a good road network to an urban environment.
Determine your Capital investment:
As with other businesses, starting and running a poultry farm in Nigeria is capital intensive. Depending on the location and how large you want your poultry farm to be. Note that the size of the poultry farm will most likely determine how large your turnover will be.
What poultry feeds do you intend to use?
The bird feeds are the most important things to their survival. Feeding accounts for over 70% of all the total expenditure you will incur in your business. You can either manufacture poultry feeds, or you can purchase poultry feeds. Manufacturing the feeds are perfect for very large poultry farms because it saves them a lot of money. If your poultry farm is still small scale, buying feeds is the best option for you because, it takes a lot of money to fully setup a feed manufacturing plant.
How do you intend on protecting bird health?
The general well being of the birds are very important. You’d have to spend periodically on vaccines and medications to ensure the birds stay healthy. Healthy birds generate a lot of revenue.
VIDEO: Do you want to start up a poultry farm?
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