{"id":4375,"date":"2022-06-24T02:25:46","date_gmt":"2022-06-24T02:25:46","guid":{"rendered":"https:\/\/kobotalk.com\/?p=4375"},"modified":"2024-12-17T16:16:32","modified_gmt":"2024-12-17T16:16:32","slug":"poultry-farming-a-lucrative-business-venture-you-can-start-right-now","status":"publish","type":"post","link":"https:\/\/kobotalk.com\/BLOG\/poultry-farming-a-lucrative-business-venture-you-can-start-right-now\/","title":{"rendered":"Poultry Farming: A Lucrative Business Venture You Can Start Right Now"},"content":{"rendered":"Reading Time: <\/span> 6<\/span> minutes<\/span><\/span>
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Poultry farming is the rearing of domestic birds for the production of meat, egg or both.\u00a0 \u00a0In this post, I shall be discussing small scale poultry farming. If you have ever wanted to invest in agriculture<\/a>, then consider starting a poultry farm.<\/p>\n

Why Poultry Farming is Attractive Endeavour<\/h2>\n

Poultry farming is attractive for many reasons.\u00a0 I highlight a few of these reasons here:<\/p>\n

a). High Demand:\u00a0 Poultry meat and eggs are rich sources of protein, hence they are very high in demand.\u00a0 ;<\/p>\n

The poultry sub-sector constitutes about 30% of the agricultural sector and contributes 8% to Nigeria’s annual GDP.\u00a0 \u00a0With the 2nd largest chicken population in Africa, the Nigerian poultry sub-sector attracts huge private investment.\u00a0 Some of the active players in the Nigeria poultry market include: CHI, Animal care, Top feeds, Nutreco, Zartech, Olam, Grand cereal, Obasanjo Farm, etc.<\/p>\n

b) It is a profitable endeavour: poultry farming is very profitable.\u00a0 Some farmers report an average ROI of about 40%.\u00a0 Very few businesses can generate such a level of return.\u00a0 The reason it’s so is that virtually everything that you generate from your poultry farm has economic value.\u00a0 Majority of the population eat poultry meat and egg.\u00a0 Bakers and confectionary makers also use eggs..<\/p>\n

c) Poultry farming is scalable: This is one venture you can start on a very small scale and grow it to become a big enterprise.\u00a0 There are people who run poultry farms from their backyard and still make very good money.<\/p>\n

Steps to Setting Up a Poultry Farm<\/h2>\n

#1. Decide on type of bird to rear<\/h3>\n

Chickens, turkeys, ducks, gees, quails, ostriches, peacocks, guinea foul, pheasants, etc., are some of the different kinds of domestic birds that poultry farmers rear.\u00a0 However, chicken is the most common and it accounts for about 90% of poultry population.<\/p>\n

In other words, most poultry farms around are for chicken rearing.<\/p>\n

#2. Decide on the poultry niche of interest<\/h3>\n

The poultry farming sector is broad with many sub-sectors so it is important to niche down.\u00a0 Some of the areas to choose from include the following:<\/p>\n

    \n
  • Broiler,\u00a0 i.e chicken you rear for meat production<\/li>\n
  • Layer, i.e chicken you rear for egg production<\/li>\n
  • Hatchery i.e the production of chicks from fertilized eggs for breeding into boilers and layers<\/li>\n
  • Poultry feed production, i,e making feed formulation for the poultry market.<\/li>\n<\/ul>\n

    If you are focus is produce and market eggs, then you have to stock your farm with layers.\u00a0 However, if you want to rear chicken for meat production, then stock your farm with broilers.\u00a0 While layers are reared to start laying eggs within a short period of time.<\/p>\n

    #3. Select Your Farm Site<\/h3>\n

    Where your poultry farm is located is very important.\u00a0 The environment must be pollution free and possibly be far from residential areas. Such sites are easy to get in rural areas or semi-urban centers.<\/p>\n

    The site must be accessible, preferably close to major road.\u00a0 It must be near to your market, have good source of water and protected from dangerous animals like snakes and other predators.<\/p>\n

    The size of land you will need will depend on the poultry system you want to adopt and the number of birds you want to rear.<\/p>\n

    Two types of poultry keeping methods are common.\u00a0 These are intensive system and extensive system.\u00a0 In intensive system, the farmer keep the birds in a concrete floored, well ventilated house (pen).\u00a0 This makes an economical use of space, allows for easy monitoring of the birds and also reduce cost of labour.<\/p>\n

    On the other hand, the extensive system is a method which allows the birds to rear in an open space.\u00a0 Most commercial poultry farms adopt the intensive poultry keeping system and that’s what this post envisages for a small scale farm.<\/p>\n

    A piece of land measuring about 450 – 600 sq. m (i,e half to a full plot of land) will be adequate for a small scale poultry farm with about 500 – 1500 birds.<\/p>\n

    #4. Decide on Poultry Housing Type<\/h3>\n

    In an intensive poultry system, there are two types of housing methods for the birds.\u00a0 These are the Battery Cage method and the Deep Liter method.\u00a0 In the Battery Cage system, cages of two to three steps are raised within the pen.\u00a0 The cages are fitted with feeding and drinking troughs for the convenience of the birds and underneath them are spread with saw dust upon the birds drop their dungs.<\/p>\n

    The battery cage system is suitable for rearing layers.\u00a0 It makes maximum use of space and makes it convenient for the farm hands to pick the eggs.<\/p>\n

    In a deep liter system, the birds are kept in a well ventilated house with concrete floors.\u00a0 The walls are constructed with cement blocks to about one meter height and wire netted up to the roof. Instead of saw dust the floor is lettered with wood shavings.<\/p>\n

    Deep liter housing is suitable for rearing broilers and cockerels.<\/p>\n

    #5. Think about Funding (capital)<\/h3>\n

    How much do you need to start a poultry farm? For your back yard project you can do it with under 50 birds and an investment of about N100,000 or less.<\/p>\n

    However commercial poultry farming can be capital intensive depending on the scale of your operations.\u00a0 For a small scale operations, you will need to start with about 1,500 to 2,000 birds and two pens for layers and boilers.\u00a0 For this scale of operations, an initial capital of between N2 million to N5 million will be adequate.<\/p>\n

    This initial investment will enable you acquire half-plot of land or a full plot depending on the location, take care of preliminary expenses, construct two pens, purchase day old chick, procure vaccination, etc., and working capital.<\/p>\n

    Your preliminary expenses will include cost of business registration, land registration and clearing, consultancy services, etc.<\/p>\n

    #6. Procure necessary equipment and materials<\/h3>\n

    Poultry farming requires a lot of things.\u00a0 The most significant is the construction of housing.\u00a0 You will also have to sink a borehole to provide clean water for the birds on constant basis.\u00a0 Feeding and drinking troughs are required, waste disposal system, lightening and heating system, egg crates and storage facility for safekeeping of feed and eggs before delivery to the market, incubator, etc.<\/p>\n

    How Profitable Is Poultry Farming?<\/h2>\n

    Poultry farming can be very profitable.\u00a0 Within 14 weeks, the layers can start laying eggs and within 20 -24 weeks, the broilers are mature and weigh enough to be sold.\u00a0 Your market for egg is wide and once you are known you will begin to sell at the farm gate.<\/p>\n

    Broilers are sold as live chicken to table processing facilities or the open market.\u00a0 My research show that poultry farming can give a return on investment of as much as 30% after all expenses.<\/p>\n

    Success Factors<\/h2>\n

    A lot of factors will act together to ensure your success; from site location to selection of day old chicks, to housing construction, etc.\u00a0 Most importantly, to succeed as a poultry farmer, you must pay attention to the following:<\/p>\n

    Medication<\/strong><\/h4>\n

    Diseases and parasites affect birds often.\u00a0 Some common poultry dieses include CRD (chronic respiratory dieses), fleas, worms, toxic fatty syndrome, amongst others.\u00a0 Therefore it is important that yours birds are under constant watch and appropriate medications are provided at all times.<\/p>\n

    Best practice is to engage a Veterinary Doctor as consultant to constantly check and vaccinate your birds.\u00a0 Vaccines are disease preventive measures against outbreak of diseases that could lead to a great loss.<\/p>\n

    Record Keeping<\/strong><\/h4>\n

    The need for record keeping cannot be over emphasized in any form of business,\u00a0 Unfortunately, many entrepreneurs over look this very important aspect of their business. In poultry farming, important record include accounting books for vaccines, feed, stocks, sales, expenses, etc.<\/p>\n

    Having an accounting staff to keep the books will help.\u00a0 However, with the many farm management systems or software available, your record keeping become easier and you can do it without necessarily engaging a professional accountant..<\/p>\n

    Staffing<\/strong><\/h4>\n

    If you do not know much poultry farming, you will need to hire a farm manager.\u00a0 You will also need an attendant to tend to the birds, a security guard to provide security.\u00a0 You will need a record keeper.\u00a0 These are essentially the direct workmen you will have to engage.\u00a0 Then get a vet doctor on retainership.<\/p>\n

    Final Words<\/strong><\/p>\n

    Poultry farming is a lucrative venture, if it is done properly.\u00a0 This is because there are a lot of challenges that come with the venture.\u00a0 For a beginner or one with limited experience, it will pay if the prospective farmer spend some time to study and understand to basics before taking the plunge.<\/p>\n

    The industry is wide as highlighted earlier.\u00a0 Thus apart from the rearing of birds for meat and egg there are other business opportunities that an entrepreneur can explore.\u00a0 Some of these include but not limited to the following: sale and installation of poultry equipment, poultry meat processing, packaging and marketing, poultry consultancy services, etc.<\/p>\n

    Finally, as we have always advised on this platform, it is important that you do your research to ascertain the viability of any business venture you wish to go into.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Reading Time: <\/span> 6<\/span> minutes<\/span><\/span>Poultry farming is the rearing of domestic birds for the production of meat, egg or both.\u00a0 \u00a0In this post, I shall be discussing small scale poultry farming. If you have ever wanted to invest in agriculture, then consider starting a…<\/p>\n","protected":false},"author":1,"featured_media":4400,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[],"class_list":["post-4375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-ideas"],"a3_pvc":{"activated":true,"total_views":358,"today_views":0},"yoast_head":"\nPoultry Farming: A Lucrative Business Venture You Can Start Right Now - KOBOTALK BLOG<\/title>\n<meta name=\"description\" content=\"Poultry farming is an important part of animal husbandry and can be profitable. 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Nigeria is a good place to do business in spite of\u2026","rel":"","context":"In "Business Ideas"","block_context":{"text":"Business Ideas","link":"https:\/\/kobotalk.com\/BLOG\/category\/business-ideas\/"},"img":{"alt_text":"dividend paying stocks","src":"https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2018\/12\/growth.jpg?fit=1200%2C582&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2018\/12\/growth.jpg?fit=1200%2C582&ssl=1&resize=350%2C200 1x, https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2018\/12\/growth.jpg?fit=1200%2C582&ssl=1&resize=525%2C300 1.5x, https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2018\/12\/growth.jpg?fit=1200%2C582&ssl=1&resize=700%2C400 2x, https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2018\/12\/growth.jpg?fit=1200%2C582&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4788,"url":"https:\/\/kobotalk.com\/BLOG\/egg-supply-business-a-lucrative-small-business-to-start-right-now\/","url_meta":{"origin":4375,"position":2},"title":"Egg Supply Business: A Lucrative Small Business to Start Right Now","author":"Buchi","date":"May 11, 2023","format":false,"excerpt":"Are you searching for a small business to start with minimal investment? 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