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Making a Risk Management Plan for Your Business
It’s impossible to eliminate all business risk. Therefore, it’s essential for having a plan for its management. You’ll be developing one covering compliance, environmental, financial, operational and reputation risk management. These guidelines are for making a risk management plan for your business.
Developing Your Executive Summary
When you start the risk management plan with an executive summary, you’re breaking apart what it will be compromised of into easy to understand chunks. Even though this summary is the project’s high-level overview, the goal is describing the risk management plan’s approach and scope. In doing so, you’re informing all stakeholders regarding what to expect when they’re reviewing these plans so that they can set their expectations appropriately.
Who Are the Stakeholders and What Potential Problems Need Identifying?
During this phase of making the risk management plan, you’re going to need to have a team meeting. Every member of the team must be vocal regarding what they believe could be potential problems or risks. Stakeholders should also be involved in this meeting as well to help you collect ideas regarding what could become a potential risk. All who are participating should look at past projects, what went wrong, what is going wrong in current projects and what everyone hopes to achieve from what they learned from these experiences. During this session, you’ll be creating a sample risk management plan that begins to outline risk management standards and risk management strategies.
Evaluate the Potential Risks Identified
A myriad of internal and external sources can pose as risks including commercial, management and technical, for example. When you’re identifying what these potential risks are and have your list complete, the next step is organizing it according to importance and likelihood. Categorize each risk according to how it could impact your project. For example, does the risk threaten to throw off timelines or budgets? Using a risk breakdown structure is an effective way to help ensure all potential risks are effectively categorized and considered. Use of this risk management plan template keeps everything organized and paints a clear picture of everything you’re identifying.
Assign Ownership and Create Responses
It’s essential to ensure a team member is overseeing each potential risk. That way, they can jump into action should an issue occur. Those who are assigned a risk, as well as the project manager, should work as a team to develop responses before problems arise. That way, if there are issues, the person overseeing the risk can refer to the response that was predetermined.
Have a System for Monitoring
Having effective risk management companies plans includes having a system for monitoring. It’s not wise to develop a security risk management or compliance risk management plan, for example, without having a system for monitoring. What this means is there’s a system for monitoring in place to ensure risk doesn’t occur until the project is finished. In doing so, you’re ensuring no new risks will potentially surface. If one does, like during the IT risk management process, for example, your team will know how to react.
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How to Start Poultry Farming Business – Chicken Farming Business Plan For Beginners
If you are interested in being a poultry farmer, you must want to know how to start a poultry farming business for beginners, this article tell you the chicken farming business plan which could be helpful for you.
Why to Start Poultry Farming Business Plan
A Poultry farming business can be called one of the most lucrative in the world if it is managed properly. The poultry farmers now we have are not enough that’s why chicken farming business has become so much profitable. It has become the finest opportunity of making a good amount of money in a short period of time. This article will focus on the process of poultry farming, the process of poultry from small farm and how to make it a big one.
1. Fast Reproduction and Large in Numbers
A healthy layer chicken almost lays an egg every day or 4 eggs in a week sometimes it lays 7 eggs in a week too, these all depends on the quality of your birds. Some birds can lay 325 eggs in a year. And it takes 21 days to hatch. Technically this means that a layer chicken is able to produce another layer twice in three days. So, if you have 500 healthy California white birds they are capable of giving you 12,000 chicks within 40 days.
2. A Fast Growth Rate
The most interesting thing about the poultry is its high growth rate. It takes about 21 days when the eggs are hatched. After their birth it takes about 27 to 28 weeks when they are fully ready for the market. That means a poultry farmer starts earning his income in just 31 weeks after he has successfully started his poultry farming business. According to the calculation he will be able to double his income in a year. However there are some uncertainties in this business, mortality and diseases are some of them but it can be reduced by taking proper managements and vaccination.
3. Sales at a Very Profitable Price
The market price of a bird is not so low you can a good profit from it. The price of a fully grown healthy chicken is about 10 to 11 dollar in the market. So if you are the one who produce 12,000 chickens in 40 days in his farm, you obviously are making 120,000 dollar when they are sold completely.
4. The Egg Market is Also Large
The poultry egg market is also good and very profitable. With the meat business, the poultry eggs are another source of good profit. You can earn about 2 to 3 dollar for each crate of smaller eggs and 3-4 for bigger one. Every crate has 30 eggs. So if you have 500 layers in your farm and they lays 12,000 eggs in a month and if you want to sell all of them then you are making 1,500 dollar per month.
Now you can see poultry farming business is a very easy way to make a good profit. But the question is how to start your poultry farming business plan?
Before Starting Your Poultry Farming Business Plan
Before you start your chicken farm business, you have to make a poultry farming business plan, it is very important for all types of business. A business plan is like a road map which tells you where you are going with your business. A business plan will tell you at which point you are now in your business. Your poultry farming business plan should include the following points.
1. Select The Type of Poultry Bird
The first step of starting a poultry business is the selection of bird type. Here you will choose the type of birds is that layer chicken or broiler. You can choose any of them it totally up to you. There are some other types of birds that you can bring in your consideration. They are the duck, goose, turkey etc.
2. Select The Cage Type of Your Poultry
Another important factor consider before baking the final plan of your chicken farm is to select the chicken cage type and size. Maybe you are thinking that, this is not that much necessary to think before starting the business, but believe it actually is. Estimating over your cost over the chicken cages will affect both positively and negatively on your entire poultry business plan. So go through the cage type on our website and choose the best type of cages you need.
3. Sort out The Area of Interest
You can’t start poultry business without a goal. You have to choose a path where you want to flow your business. This will concentrate your focus in one point and will ensure higher level of professionalism but if you want to work with two areas then no problem. Here are some niches of poultry farming.
- Layer Chicken Breeding : These are mainly used for egg production.
- Broiler Breeding : It is used for chicken meat production.
- Hatchery : Is for hatching new chicks.
- Poultry feed : It produce feeds for other poultry farms.
You can choose any of them. You can choose breed layer and broiler together if you want to.
4. Specify Poultry Location
Another important sector of poultry farming is choosing the location where you will set up for your business. It has a direct impact with the start up cost. My preferable place for a poultry farm is a rural area with a road nearby. This will reduce your cost of land and labor. When you start your poultry farming business you may not want to spend all of your money for a land in urban area. There are some other difficulties in urban area with poultry farming. Govt. will not allow you to make a farm in a residential area for health issue. So it is better to select a perfect land for your business in a rural area.
5. Investment Capital
After you have specified your location now you know how much capital you are required to start your chicken farming business plan. Write down all of your capital you need and manage the source where to get manage it.
Like every business the bigger your business plan the bigger you have to invest. You have to decide how much capital you can afford for this business.
Poultry Farming Business Plan – How to Get Going?
You have all of your business plans ready but if you don’t apply it then all are useless. We consider you have your capital ready if you have that then start for the next steps.
Step 1: Buy The Land
Like we suggested you earlier you have to choose a land which is a remote place from city. But remember don’t choose any place which is too far from the city and which don’t have any well transportation system.
Step 2: Build The Required Structure
A good housing system is very important for your poultry farming business. A good housing system not only save your chickens from danger but also increase your profit in poultry business. Every poultry housing systems are classified according to the management system, scale and the use. The common types of poultry housing systems used are
- Half litter
- Deep litter
Step 3: Buy Cages
Purchasing chicken cages is a very important part of the business as many of the affecting factors directly depends on the size, orientation, strength and layout of the chicken cage. Make proper measurements and analyze your poultry size and budget before buying the chicken cage. Here are the available chicken cages we offer – layer chicken cage (battery cage) , baby chick cage , broiler cage , commercial quail cages and commercial rabbit cages , etc. Hightop Poultry Equipment is one of the leading chicken cage and poultry farm equipment manufacturer in China, contact us now to get the free layout design according to your chicken house and birds quantity.
We have got another article in this blog describing the usage and utility of each of the cage types and surely that will help you to choose the best fit of your poultry.
Step 4: Buy Birds/Chicks
It is perfect decision to choose day old chick to start your poultry business. Before you buy these chicks find a reliable Hatchery where you can get healthy chicks. It will not cost you too much.
Step 5: Other Items and Accessories You Need
There are some other poultry cage accessories like drinkers , feeders , Parches, crates, nests, lighting system , egg incubator , waste disposal system , etc.
You have to consider these costs too. And as an eventual part of plan, we also provide you the best poultry farm equipment like – Automatic egg collector , automatic feeding system , automatic manure removal machine , disinfectant fogging machine and cooling system, etc. in a very affordable price and top quality.
Challenges in Poultry Business Startup
Poultry farming is one of the most profitable business in these days. But you have to know the risk of this business. Though there are no businesses which are beyond risk and challenges.
1. Lack of Government Support
From our previous experiences we all may think that govt. will help us at our critical time in this business. But don’t be sure about it. Prepare yourself that govt. will not help when you need them. Think that you have to run your business alone without the help of any one. Take a backup for sudden loss. It may help you to run your business properly and if you get help from the govt. think that it is a bonus.
2. A Very High Starting Capital
It is said money is everything. So without a proper funding you will not be able to run your business. Like other business, poultry farming business also needs proper funding. Without it you may not be able to add extra facilities which will increase your production rate.
You need proper funding to purchase land, poultry farm equipment, food for your chick and you need to pay your labor. In all sector you need a good capital. So you should do a research on your cost and capital you have then you should start your poultry farm business. We can provide you the poultry cage and chicken farm equipment with good price, help you to save money.
3. Disease Out Breaking
A dirty environment in your firm will invite many diseases and infections. Poultry are very sensitive to the environmental changes. If the poultry farm is not taken care of properly the birds will easily be exposed to different kinds of bacteria. You have to keep your poultry farm clean as much as possible. Automatic manure cleaning system, disinfectant fogging machine and ventilating system can help you.
You must not bring any contaminated equipment, footwear or even vehicles. Also do not allow any visitors in your poultry farm environment.
4. Other Influencing Factors
There are some other factors that can affect your poultry farming business like proper vaccination. You have to be able to afford it may become difficult for you if you are a small scale poultry farmer. So the thing you have to do is gather some other farmers like you and buy the vaccine.
Another challenge in poultry farming is the high cost of poultry food. So it is seen that most of the farmers who have a little capital, economize or ration the food. It affects the profit in a large scale.
Want to buy chicken cage and poultry farm equipment to start your own poultry farming business? Please feel free to contact us.
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I am so happy with the article. It gave me a lot of answers of my questions about how to plan as I am thinking to start such small business. Hope so all be good
Good day, once the chickens has reached its laying stage and has strayed laying eggs is there a period in it’s cycle in a year period where it doesn’t lay any eggs?
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10000 Layer Farming Project Report For Beginners
Introduction to 10000 layer farming project report.
The following is all about the 10000 Layer Farming Project of commercial poultry farming business.
What is layer poultry farming ? well, It is nothing but raising egg-laying chickens for the purpose of commercial egg production. Layer poultry birds should be raised from when they are 1 day old. These birds start laying eggs from 6 to 7 months of age. They remain to lay eggs continuously till their 6 to 7 months of age. They usually consume a feed of 2 to 2.5 kg per day during commercial egg-laying production. They produce 1 kg of eggs daily. There are many types of highly egg-productive layer breed hens available throughout the world. There are two categories of layer poultry birds, one is white egg-laying hens and another one is a brown egg-laying hen. Layer hens selection, vaccination, proper and secured poultry house , feed management layer bird management practices play a major role in the commercial layer poultry farming project. Profits in layer poultry farming projects vary from region to region. As the egg is nutritious and egg consumption is increasing rapidly along with the world population hence one can properly plan for commercial layer poultry farming for a profitable business.
Here, in this article find the model/sample project report for 10,000 layer poultry farming. Please understand that these figures mentioned in this layer farming project report may change from time to time and area to area. This is just to understand and have a basic idea of cost and profits in a commercial layer poultry farming project.
Investment Analysis of 10000 layer farming project
Fixed and non-recurring analysis for 10000 layer farming project:.
Particulars Required for 10000 layer farming project
- Requirements and Rate for Land = Owned
Cost of Land = 3 to 4 lakhs.
- Shed Construction for 10000 layer farming project
- Layer House.
- Cost of the House:
Requirement and Rate for House = [email protected] Rs.60/ per square feet.
Cost for House = 5,10,000.
- Cost of the cages:
Requirement and Rate for cage = Rs.46/ Bird.
Cost for cage = Rs 4,60,000.
- Brooder/Grower House for 10000 layer farming project.
- Requirements and rate for Brooder/Grower House = 6,000 [email protected]/Per s.ft.
- Cost for Brooder/Grower House = Rs 3,30,000.
- Equipment and Material required for 10000 layer farming project
- Brooder/Grower House (150 birds).
Requirement and rate for Brooder/Grower House =70 No.s @ Rs.500 each.
Cost for Brooder/Grower House = Rs 35,000.
- Chick Guards.
Requirement and rate for Chick Guards = 700 Pieces @ Rs. 15 each.
Cost for Chick Guards = 10,500.
- Wheel Barrows:
Requirement and rate for Wheel Barrows=300 No.s @ Rs. 32 each.
Cost for Wheel Barrows = Rs 9,600.
- Waterers for chicks:
Requirement and rate for Waterers for chicks =300 No. s @ Rs.25 each.
Cost for Waterers for chicks = 7,500.
- Grower feeders:
Requirement and rate for Grower feeders =300 No.s Rs.64 each.
Cost for Grower feeders = Rs19,200.
- Grower Waterers:
Requirement and rate for Grower Waterers = 300 No.s @ Rs. 42 each.
Cost for 10000 Grower Waterers = Rs 12,600.
- Water through type:
Requirement and rate for Water through type = 300 No.s @ Rs. 80 each.
Cost for Water through type = Rs 24,000.
Requirement and rate for Debeaker = 1 No. @ Rs. 2,000.
Cost for Debeaker = Rs 2000.
Requirement and rate for Wheel Barrows =1 No. @ Rs. 3,000.
Cost for Wheel Barrows = Rs 3000.
Requirement and rate forBlow fame = 1 No. @ Rs. 3,000.
Cost for Blow fame = Rs 3,000.
- Water pressure cleaner:
Requirement and rate for Water pressure cleaner =1 No. @ Rs. 5,000.
Cost for Water pressure cleaner= Rs 5,000.
Requirement and rate for Wheel Barrows=1 No. @ Rs. 1,000.
Cost for Wheel Barrows = Rs 1,000.
Total: Land + Shed Construction + Brooder / Grower House+ Layer House+ Equipment: 14,34,400.
Recurring Expenditure Analysis For 10000-Layer Poultry Layer Unit:
Particular Required for 10000-Layer Poultry Layer Unit:
- Cost of the chicks for 10000 layer farming project
Requirements and rate for the chicks=Rs 15/chick.
Cost of the chicks = Rs 1,50,000.
- Miscellaneous / Electricity for 10000-Layer Poultry Layer Unit:
Requirements and rate for Miscellaneous / Electricity= Rs.10,000/ Month.
Cost of Miscellaneous / Electricity = Rs 1,80,000.
- Cost of Feeding for 10000-Layer Poultry Farm:
- Chick Phase:
Requirements and rate for chick phase= 1.8 Kg/chick, 1.8 x 10,000 =18,000 Rs.8.5/Kg, 18,000 x 8.5.
Cost of chick phase = Rs 1,53,000.
- Grower Phase(4% mortality/death rate):
Requirements and rate for Grower Phase = 5.5 Kg/bird, 5.5 x 9,600=52800 ;Rs.7.0/ Kg, 52,800 x 7.0.
Cost of Grower Phase = Rs 3,69,600.
- Layer Phase:
Requirements and rate for layer phase = 40 Kg/bird, 40X9200 = 36800 ; Rs.7.0/Kg, 368000X7.5.
Cost of Layer phase = Rs 27,60,000.
- Cost of Vaccination and Medication for 10000 Layer Farming Project:
Requirements and rate for Vaccination and Medication = Rs. 5/ bird.
Cost for Vaccination and Medication = Rs 50,000.
- Cost of the Labor (3 persons for 18 months) for 10000 Layer Farming Project :
Requirements and rate for Labor = Rs.2000 / Month = 3 x 18 x 2000.
Total cost for labor = Rs 1,08,000.
Total: Cost of the chicks + Miscellaneous / Electricity + Cost of Feeding + Cost of Vaccination and Medication + Cost of the labor= 37,40,600.
Income Analysis for 10000 Layer Farming Project :
Particulars required Layer Poultry Unit:
- Sale of eggs (290 eggs/ bird) Hen housed basis for 10000 Layer Farming Project :
Quantity and Rate for Sale of eggs = 29,00,0000 x 1.08.
Amount for Sale of Eggs = Rs 31,32,000.
- Sale of Spent hens for 10000-Layer Poultry Unit:
Quantity and Rate for Sale of spent hens = Rs. 30/bird.
Amount for Sale of Eggs = Rs 2,64,000.
- Sale of Manure for 10000 Layer Poultry Unit:
Quantity and Rate for Sale of Manure = Rs. 90 bird 10,000 x 90.
Amount for Sale of Manure = Rs 9,00,000.
- Sale of Gunnies for 10000-Layer Poultry Unit:
Quantity and Rate for Sale of Manure = Rs. 90 per bird = 10,000 x 90.
Total income = Sale of eggs + Sale of spent hens + Sale of Manure + Sale of Gunnies = Rs 43,66,000.
Gross profit = Rs 6,25,400.
Depreciation Analysis for 10000 Layer Farming Project :
- One Building and cages for 10000-Layer Poultry Farm:
- Quantity and Rate for building and cages = 5%.
- The amount for Buildings and cages = 65,000.
- On equipment for 10000 Layer Farming Project
- Quantity and Rate for Equipment’s = 10%.
- Amount for Equipment = 13,440.
- Interest for 10000 Layer Farming Project :
- Quantity and Rate of Interest = 12%.
- Amount for Equipment = Rs 2,76,000.
Sub Total ( DEP+INT) = On buildings and cages + On equipment’s = Rs 3,54,440.
Subtotal( RE) = Rs 37,40,600
Total expenditure for 10000 Layer Poultry Unit= Rs 40,95,040.
Economics for
10,000 Layer Farming Project
- Total income = Rs 43,66,000.
- Total Expenditure = Rs 40,95,040.
- Net Profit = Rs 2,70,960.
- Net Profit / Month = Rs 15,053.
- Net profit / bird = Rs 2.71.
Total Input ( RE + Depreciation) :
Amount = Rs 38,19,040.
Fixed Income for 10000-Layer Poultry Unit:
Amount = Rs 12,34,000
Total= Total Input+ fixed income = Rs 25,85,040.
Breakeven point For 10000-Layer poultry Unit:( If the rate varies the profit varies accordingly) :
Quantity and rate = Expenditure / No of eggs = 2585040/2900 000 = 0.89.
Read about Mud Crab Fattening .
Bottom Line: The commercial Layer Poultry Farming Business is a proven profitable business.
In case if you are interested in this: How To Grow Organic Lettuce .
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56 comments.
This is a good project report. If possible, send me.
We don’t have PDF files to send it. We will try to keep Farming Project Reports in PDF soon for downloads.
This is a very good project plz guide
This is a very good project. Do you know a firms which can provide me all materials or accessories for this project. I’m leaving in Germany but I need to extend my farming in a layer farming. I want to build a 10000 or 15000 layer farming.
Thank you for help and best regards
Well, there are many poultry set up consultancies. You can find many on indiamart dot come.
I thank you very much for farming project reports provided on this blog. I request you to kindly approve my project report and get it sanctioned from nabard as I am waiting for various projects for the last two years. I can also meet you personally for various reports.
The project applications should be met with all kinds of technical requirements to get it approved from NABARD. Your Local NABARD branch is right place of contact. We can’t help with your application process.
Hi, Can you please guide us how to make registration in the government for self finance Egg Layer farm. Is it required register as Private Limited Company or at District Industry Office registration is enough.
Your best point of contact is Poultry department of any Agriculture Institute.
Hi, I am looking to set up this farm in Mysore.I have a question in the report you have mentioned the selling price of egg as 1.08/egg but the actually selling price is above 3rs/egg right as my friend is doing the same business in UP and people take the egg from his farm paying rupee 4/egg.Please revert back.
Well, the report is old one and mentioned accordingly.But you should convert accordngly as per current trend.
Hi Sir, This is a very good project report and I want to start layer farming of 6000 NO.s. Please guide me what is the risk factor in it and can we get loans for this if yes then what is the procedure and how to get resources on it.
Well, You must have a time and dedication to be successful in layer poultry farming. Don not trust third part peeple to manage your farm. Unless you can able to dedicate your time and hardwork..It is not advisable.
Your Project is excellent, however, the problem is that it seems you do not want someone to use your project. Prove me wrong if you are not individualist and you do not want to share information for purpose development. I read a lot of your articles which I want to use in assisting me in setting up an agricultural project, I could not make a copy of your article.
The problem is people are making duplicate content.Hence downloads/printings are restricted
Good Project Report. Thank you.
Thank you so much for this article. Plus, I want to understand the break even point analysis. What value is successful and what value is poor.
As this article is little outdated, we will be correcting some values soon.
Very good project report contains everything about input and management
May I get a latest report as the current rates for every items related to this project are very high.
We update soon.
I am from Bihar can you suggest any one contact number who can build the egg layer farm. I tried to find the contact number but not able to find a good one. Regards
In your report, you have considered 1.08 per egg, though egg rate in market touch 3-4 per egg.
That was an old report. need to update.
Now iam start 6000 chiks broiler from and I have sheds and all other facilities . I want to estimate cost only chiks ,feed and labour in which investment ?
its good information and educative.
hello sir, plz update the latest DPR of new layer farms startup
New updated project report please.
we do it soon
Hello sir. Myself Srinivas and we would like to start a layer farming with 10000 birds so please guide us the process and registration information and also how the full procedure as well as any contact details near Andra Pradesh Vijayawada. We hope we will get reply as soon as possible. Thank you so much sir
Hello Jagdish Reddy! This is Kishore and I’m a App Developer and Could I use the Data you have provided here in my App which will be helpful to the People who are enthusiastic and excited to join into the Poultry sector? Thanks for any response.
hello i had already register my file at government off for last 5month but still taking time ….could u plz tell as how much time ty take to clear t file …
IS THIS INFO IS UPDATED INFO? IF YES THEN SEND ME
No we update soon
hi Jagdish, what do u suggest if a software professional wants to turn into layer poultry farm as full time worker. For better understanding:- ex:-If my(example) salary is 1 lakh net take home per month. If i completely move out of this and start a 15,000 poultry (exactly 15k capacity)farm would it be profitable business? i mean would i get 1 lakh income per month an average (not exactly but average income per month)? like agriculture i understand poultry is also subjected to nature conditions but f we do hard work with dedication with regular monitering..what would be the average monthly income?
Well, poultry is risky business.if you get sucees in layers, you can make good money when compared to a software professional. Start with small numbers where risk can be mitigated.Once you know in and outs of the layer poultry business..you can slowly increase the bird count. I never suggest to leave your fulltime job and get into that.
Hi….this is Sanjay from Kolkata.I want to set up layer poultry business in and around Kolkata. What would be the minimum land requirements for 100000 chicks to start with. Would it be possible for you to make a short project report for the same. Which I need to submit to my financer to get the finance. Would it be possible to earn net Rs 5 lacs per month as we have 3-4 partners to do the business. Kindly help…
I HAVE read every bit of the report thoroughly have noticed 2 things 1, with 4% mortality in every phase finale production of eggs should multiplied with around 8800 birds instead of 10000. 2, the rate of sale of egg in pakistani market is around 7 to 9 per egg wholesale. overall report is very brief and satisfactoy . grest work keep it up. pls upload 5000 ree range egg laying hen report if posible. with 50% consumption of commercial feed
Hi Jagdish, we are interested in knowing the details of layer farming for 1L birds. Can you kindly guide me regarding some consultant who can advise the step by step procedure
Hello sir, myself Mohan. Iam interested in layer poultry forming. At first I wish to start up in small count of bird ( in order to know the in and out ) . Could you please give me a step by step procedure to start it….
Hi a Jagdish. Fantastic job and very useful as well as helpful. All I want to know is about the age of your project report, I mean how old is it, so that I can change the financial variables accordingly. Thanks.
I’m interested in the poultry business
This is a good project I need the call back from your side I want to invest
Sir is there any govt subsidy for this?
Yes sir there is a PMEGP subsidy scheme available.
whats the feed cost now, year 2020 ? chick mash / kg , grower mash/kg , layer mash/kg , as feed price is very important factor that governs profit .
Yes, many things will change by region, time and other factors.
dear brother iam interesting bv380 poultry for 10000 chicks i have land we required esimate including shed
I have gone through 10000 chick DPR , I request you to share me the updated report and this report looks like 2018 and wanted to see changes as per current pricing
Do I have any point of contact in Hyderabad to work with you people indetail
I want to setup layer form of 10000 capacity in near lucknow U.P. please suggest me complete project cost
I want to setup layey farm 5000 capacity in Purulia (W.B.) Please suggest me to complete project cost.
I want to setup layer farm in Giridih please suggest me to complete project cost
I to setup of layer boiler egg 10000 capacity in Rourkela (Odisha) pls suggest me to complete project cost with full details.
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Poultry Farm Business Plan Template
Poultry farm business plan.
You’ve come to the right place to create your Poultry Farm business plan.
We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Poultry Farms.
Below is a template to help you create each section of your Poultry Farm business plan.
Executive Summary
Business overview.
Smith Poultry Farm is a new farm business located in Mason City, Iowa. The business is a newly established farm founded by John and Sue Smith. As native Iowans, the couple has spent their life in the farming industry as their families have established farms throughout Iowa. Currently, there is a poultry shortage throughout the midwestern United States as some farms have been forced to shut down their business due to rising costs, labor shortage, and higher technology standards. John and Sue have decided to take this opportunity to alleviate the poultry shortage as well as finally establish the farm they have been planning to do for the past six years.
As native Iowans, John and Sue have already recruited a team of farmhands that have extensive experience working in poultry farms. Most of them have been recently laid off from other poultry farms that have shut down their operations.
John and Sue plan on starting with 5,000 chickens, 500 turkeys, and 100 ducks on 10 acres of land. Their business operations will be centered around daily processes and procedures to tend to the chickens and prepare them for packaging for resale and distribution.
Product Offering
The following are the products that Smith Poultry Farm will provide:
- Chicken for consumption
- Turkey for consumption
- Ducks for consumption
Customer Focus
Smith Poultry Farm will target all residents residing in northern Iowa and throughout the state. They will target families, individuals, supermarkets, large retail chains, and restaurants.
Management Team
Smith Poultry Farm will be owned and operated by John and Sue Smith. They will recruit a very experienced and knowledgeable operator to manage the day-to-day operations of the poultry farm.
John Smith was born and raised on a local farm and has been working in farms most of his life. He left to pursue his agriculture degree from Iowa State and returned to work full-time at his father’s large farm. That farm produces beef, poultry, pork, and vegetables. Once he married Sue, the couple decided that they would begin to save up to pursue a farm of their own.
Sue Smith was raised on a farm as well. Once she graduated from high school, she attended Iowa State to pursue a degree in Business Administration. It was there where she met John and planned for their future farm where he would manage the farm operations and she would be in charge of the financial management and administration of the poultry farm operations.
Success Factors
Smith Poultry Farm will be able to achieve success by offering the following competitive advantages:
- Ownership has extensive experience and knowledge in the poultry farming industry.
- Owners will invest in the latest technology and equipment to make their poultry farm the most superior in the Midwest.
- Smith Poultry Farm will breed high quality chickens, turkeys, and ducks in order to produce the freshest and quality poultry.
Financial Highlights
Smith Poultry Farm is seeking $500,000 in debt financing to launch its property management business. The funding will be dedicated towards securing the farm land and purchasing the necessary equipment and supplies. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff, mortgage, and marketing costs for the poultry farm. The breakout of the funding is below:
- Purchase 10 acres of farmland: $100,000
- Farm equipment, supplies, and materials: $100,000
- Three months of overhead expenses (payroll, rent, utilities): $150,000
- Marketing costs: $50,000
- Working capital: $100,000
The following graph below outlines the pro forma financial projections for Smith Poultry Farm.
Company Overview
Who is Smith Poultry Farm?
Smith Poultry Farm is a new poultry farm business located in Mason City, Iowa. The business is a newly established poultry farm founded by John and Sue Smith. As native Iowans, the couple has spent their life in the farming industry as their families have established farms throughout Iowa. Currently, there is a poultry shortage throughout the midwestern United States as some farms have been forced to shut down their business due to rising costs, labor shortage, and higher technology standards. Growing up in the farming industry, John and Sue have decided to take this opportunity to alleviate the poultry shortage as well as finally establish the farm they have been planning to do for the past six years. The couple plans to raise chickens, turkeys, and ducks to produce poultry for food consumption as well as eggs. Once the business is established, the couple will add more birds to the farm and purchase additional land.
As native Iowans, John and Sue have already recruited a team of farmhands that have extensive experience working in poultry farms. Most of them have been recently laid off from other poultry farms that have shut down their operations. John and Sue have already identified the lead farmhand who will assist John in the day to day farm operations oversight.
Smith Poultry Farm History Smith Poultry Farm is owned and operated by John and Sue Smith, Iowa natives who have extensive experience in farm operations and business administration. John has worked for his father’s large farm for most of his life and wants to finally pursue his own poultry farm since a number of poultry farms have ceased operations due to increased labor and distribution costs. John has already pursued a number of local grocery stores, large retail stores, and restaurants to have contracts to be their sole poultry distributor.
Since incorporation, Smith Poultry Farm has achieved the following milestones:
- Registered Smith Poultry Farm, LLC to transact business in the state of Iowa.
- Has 6 contracts in place to provide poultry for local restaurants, grocery stores, and large retail chains.
- Reached out to numerous individuals and households to purchase their household’s poultry directly from Smith Poultry Farm.
- Began recruiting a staff of farmhands to assist in the day to day operations of the poultry farm.
Smith Poultry Farm Products
The following will be the products Smith Poultry Farm will provide:
Industry Analysis
Customer analysis, demographic profile of target market.
Smith Poultry Farm will target all residents of Mason City and the surrounding states. The target market will consist of households, grocery stores, restaurants, and large retail chains.
The precise demographics for Mason City, Iowa are:
- 503,642 residents
- 310,000 households
- 1,000 restaurants
- 500 grocery stores
- 6 large retail grocery stores
Customer Segmentation
Smith Poultry Farm will primarily target the following customer profiles:
- Individuals and households
- Grocery Stores
- Restaurants
- Large Grocery Chains
Competitive Analysis
Direct and indirect competitors.
Smith Poultry Farm will face competition from other companies with similar business profiles. A description of each competitor company is below.
Myson Poultry Farm
Myson Poultry Farm is a modern, multi-national, protein-focused food company that produces approximately 20% of the beef, pork, and chicken in the United States. Along with its subsidiaries, the company operates a food company worldwide. The company began during the Great Depression when the eldest Myson began selling chickens. A few decades later, Myson’s son grew it into the large company it is today and is one of the largest poultry producers and distributors in the world.
By investing in technology, Myson was able to grow the brand. Through the development of better feeds and better disease control methods, chickens were maturing more quickly. These improvements, combined with increased competition, meant lower prices for consumers and households were able to purchase their poultry products in larger quantities.
Iowa Poultry Farm
Iowa Poultry Farms started in the 1920s when Liam Nelson sold and traded eggs by the dozen as a means to put food on the table for his family. Four generations later, the Nelson family has grown the business year-over-year to continue to meet the changing needs of the egg and pullet industry. More than 90 years of experience has established Iowa Poultry Farm as a well-respected pullet and hatching business as well as a reliant commercial egg producer under the current leadership.
The strength of Iowa Poultry Farm began when master plans for growth from the late 1980s to present day have produced new and improved pullet production facilities that have the capacity to accommodate the growth of the majority of the pullets in NPF’s proprietary facilities. Recent capital development has been invested in hatchery and breeder facilities that have the capacity to produce up to 9 million female chicks per year as well as supplementary aviary growing facilities for both cage-free and floor-grown conventional pullets.
Iowa Poultry Farm continues to innovate as a pullet and hatching business under the leadership of Frank and his son, Brett.
Good Cluck Poultry Farm
Good Cluck Poultry Farm maintains more than 50,000 breeders on its company owned farms. The company currently hatches and sells 79 standard chicken breeds/varieties, 58 breeds/varieties of bantams, 9 breeds of ducks, 3 breeds of geese, and 4 breeds/varieties of guineas. In addition, Good Cluck has available, as a service to its customers, 9 heritage breeds of turkeys, pheasants, and chukar.
Good Cluck certainly has good luck. While many hatcheries have been forced to close, Good Cluck Poultry Farm has become a leader in producing non-commercial poultry annually, selling more than six million items of baby poultry.
Good Cluck’s full list of products are white egg layers, brown egg layers, colored egg layers, standard assortments, broilers, crested chickens, feather legged bantams, bantam assortments, clean leg bantams, ducks, geese, guineas, turkeys, pheasants, chukar, and supplies.
Competitive Advantage
Smith Poultry Farm will be able to offer the following advantages over their competition:
- Ownership has extensive experience and knowledge in the poultry farming industry and has over 20 years of experience managing poultry farm operations
- Smith Poultry Farm will breed high quality chickens, ducks, and turkeys in order to produce the freshest and quality poultry.
Marketing Plan
Brand & value proposition.
Smith Poultry Farm will offer the unique value proposition to its clientele:
- All farming practices will utilize the latest technology and equipment for safe breeding practices, production, and distribution of all farm animals.
- The farm will only breed the highest quality poultry.
- Unbeatable pricing to its clients and customers – Smith Poultry Farm does not mark up its poultry products at a large percentage. All poultry will be on par with competition.
Promotions Strategy
The promotions strategy for Smith Poultry Farm is as follows:
Word of Mouth/Referrals
John Smith has built up an extensive list of contacts over the years by living and working in the midwestern farming industry. Since a number of local poultry farms have ceased operations, they have committed to John that Smith Poultry Farm will be their poultry supplier. They trust his work ethic and commitment to the local community.
Professional Associations and Networking
Smith Poultry Farm will become a member of American Farmland Trust, Farming NGO, National Farmers Union, and the Iowa Chamber of Commerce. They will focus their networking efforts on expanding their client network and marketing their new brand.
Print Advertising
Smith Poultry Farm will invest in professionally designed print ads to display in programs or flyers at industry networking events.
Website/SEO Marketing
Smith Poultry Farm will hire a third-party marketing company to design their print ads and design their website. The website will be well organized, informative, and list all the poultry products they plan to offer. The website will also list their contact information and directions to the poultry farm. The marketing company will also include SEO tactics so that anytime someone types in the Google or Bing search engine “Iowa poultry farm” or “poultry farm near me”, Smith Poultry Farm will be listed at the top of the search results.
Zero po, hindi rin po kami mahilig malabas ng mga panood.
The pricing of Smith Poultry Farm will be moderate and on par with competitors so customers feel they receive value when purchasing their poultry products.
Operations Plan
The following will be the operations plan for Smith Poultry Farm.
Operation Functions:
- John Smith will be the Owner and President of the company. He will oversee all staff and manage client relations. John, along with Sue, has spent the past year recruiting the following staff:
- Sue Smith – will oversee all administrative aspects of running the poultry farm. This will include bookkeeping, tax payments, and payroll of the staff.
- George Hargrove – Head Farmhand who will oversee the farming staff and day to day operations.
- Ben Loya – Assistant Farmhand who will assist George.
- Frank Johnson – Distribution Manager who will oversee the packaging and distribution of all poultry products.
Milestones:
Smith Poultry Farm will have the following milestones complete in the next six months.
1/1/202X – Finalize purchase of farm land
2/15/202X – Purchase farm equipment, supplies and materials
3/1/202X – Finalize contracts for grocery store, chain, and restaurant clients
4/15/202X – Begin networking at industry events
5/1/202X – Purchase initial set of poultry animals
5/15/202X – Hire and train farm staff
6/1/202X – Smith Poultry Farm begins farm operations
Smith Poultry Farm will be owned and operated by John and Sue Smith. John will manage the oversight of all farm operations with the help of his lead farmhand. Sue will manage all administrative and financial aspects of the farm business.
Financial Plan
Key revenue & costs.
The revenue drivers for Smith Poultry Farm are the revenues it will receive from poultry products, eggs, and the breeding fees they will charge to individuals who have high-quality chicken, turkeys, or ducks they want to breed.
The cost drivers will be the overhead costs required in order to staff and maintain successful farm operations. The expenses will be the payroll cost, mortgage payment, utilities, farming supplies, equipment maintenance, and marketing materials.
Funding Requirements and Use of Funds
Smith Poultry Farm is $500,000 in debt financing to launch its property management business. The funding will be dedicated towards securing the farm land and purchasing the necessary equipment and supplies. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff, mortgage, and marketing costs for the poultry farm. The breakout of the funding is below:
Key Assumptions
The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.
- Number of Poultry Animals: 5,600
- Average Revenue per Animal: $20
- Number of Poultry Products Sold Per Year: 1,000,000
Financial Projections
Income statement, balance sheet, cash flow statement, poultry farm business plan faqs, what is a poultry farm business plan.
A poultry farm business plan is a plan to start and/or grow your poultry farm business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
You can easily complete your poultry farm business plan using our Poultry Farm Business Plan Template here .
What are the Main Types of Poultry Farms?
There are a number of different kinds of poultry farms , some examples include: Breeder Farms, Broiler Farms, and Pullet Farms.
How Do You Get Funding for Your Production Company Business Plan?
Production companies are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.
What are the Steps To Start a Poultry Farm Business?
Starting a poultry farm business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.
1. Develop A Poultry Farm Business Plan - The first step in starting a business is to create a detailed poultry farm business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.
2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your poultry farm business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your poultry farm business is in compliance with local laws.
3. Register Your Poultry Farm Business - Once you have chosen a legal structure, the next step is to register your poultry farm business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.
4. Identify Financing Options - It’s likely that you’ll need some capital to start your poultry farm business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.
5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.
6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.
7. Acquire Necessary Poultry Farm Equipment & Supplies - In order to start your poultry farm business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.
8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your poultry farm business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.
Learn more about how to start a successful poultry farm business:
- How to Start a Farm Business
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How to Start a Layer Chicken Farming Business for Egg Production?
Layer poultry farming means raising egg laying poultry birds for the purpose of commercial egg production. Layer chickens are such a special species of hens, which need to be raised from when they are one day old. They start laying eggs commercially from 18-19 weeks of age. They remain laying eggs continuously till their 72-78 weeks of age. They can produce about one kg of eggs by consuming about 2.25 kg of food during their egg laying period.
Benefits of Layer Farming
- It requires less investment compared to rearing other livestock. While chicken will start laying eggs in 8 to 10 weeks, broilers can be sold after 6 weeks by which time they would have grown to 1.25 kg weight.
- It gives rapid return on investment. Chicken start laying eggs in 8 to 10 weeks and broilers can be sold for meat between 6 and 10 weeks. The interval between generations is very small and hence, production can be phenomenally increased within a short period.
- Broilers intake of feed is comparatively very low while it produces maximum possible amount of food for us.
Egg Production for Layer Poultry Farming
Egg production from a Layer Poultry Farming depends on the care and farm management.
Within the first 20 weeks of age, about 5% of hens start laying eggs. About 10% birds start laying at their 21 weeks of age.
Business planforPoultry farming
- Production of eggs, which is also called a layer breeding.
- Production of meat which is also called broiler breeding.
- Production of feed of poultry .
- Manufacture of the equipment required in poultry .
- Processing of eggs and meat.
- Packaging and marketing the eggs and meat.
What Is a Business Plan?
A business plan is a roadmap for yoursmall farm. It is both process and product. During the writing of a farm business plan, you'll develop an overall vision and mission for your business. You will think about your short- and long-term goals. You'll define the steps needed to achieve those goals. You'll set the direction for your business to develop over the next five years.
The goals in your business plan are the specific, measurable “things” you will achieve with your small farm. Short-term goals are defined as those that you will complete within one year. Long-term goals are those that take longer than one year to complete.
SMART Goals are:
- Rewarding, and have a
Farm Strategy
This is where your business plan gets to looking forward. You are going to formulate your farm strategy from now into the next five years or so.
- Gather information and research markets. Make sure that your farm plan fits into the general market in terms of supply and demand. Investigate and analyze industry trends, identify competitors, and define buyers.
- SWOT Analysis. This is an analytical tool that can be used in making decisions. SWOT stands for: strengths, weaknesses, opportunities, and threats. As a business, analyze your internal strengths and weaknesses. Then look externally at what opportunities and threats exist - competitors, new markets, government regulations, economic conditions, and so forth.
- Create alternative strategies. Looking at the information you've gleaned and the analysis you just did, think through options for your farm strategy. Don't rely on price alone; economies of scale are challenging on the small farm level.
- Don't jump to one conclusion immediately. Really spend some time fleshing out the specifics of some of the strategies and looking at their advantages and disadvantages. Try to find options that combine your internal strengths with opportunities in the external environment.
- Look at all your strategies, then reread your mission statement. The ideal farm plan will fit your mission best.
- Write an implementation plan. This is where you write a plan that will make your new strategy happen.
Marketing Strategy and Plan
In the next part of your farm business plan, you develop and outline a marketing strategy for your products and services. This can build on the research you did in the previous step. For each product, include the price, placement, and promotion ideas. Consider how you will convey real and perceived value to your customers.
Management Summary
This part of your business plan details your farm business’ structure. Everyone who is involved in the management of the business should be listed here. External resources are listed here as well.
Financial Analysis
In this section, you will need to detail the financial aspect of your farming operation. List your current finances in detail, including all income and operating expenses. Referring to your new strategy, you will forecast what is needed for future growth and to meet the goals you have outlined in terms of capital. Include what your future operating expenses will be.
Pulling It All Together
Writing a farm business plan is a big project. Don’t let that put you off. Your plan can be as simple as it needs to be for right now. Begin with your mission statement and goals. Do your homework by analyzing markets and researching competitors and trends. Have fun brainstorming alternative strategies and let them marinate a while. Take it one step at a time.
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Preparing a financial plan for your business is important if you plan to pursue business finance options such as loans, according to Inc. Business finance companies look at the short-term viability as well as the long-term potential of a bu...
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It gives rapid return on investment. Chicken start laying eggs in 8 to 10 weeks and broilers can be sold for meat between 6 and 10 weeks. The
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The couple plans to raise chickens, turkeys, and ducks to produce poultry for food consumption as well as eggs. Once the business is established, the couple
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