POULTRY FARMING BUSINESS PLAN AND FEASIBILITY STUDY FOR SAM AND ENE AGRIC VENTURES, ODUKPANI, CROSS RIVER STATE


POULTRY FARMING BUSINESS PLAN AND FEASIBILITY STUDY FOR SAM AND ENE AGRIC VENTURES, ODUKPANI, CROSS RIVER STATE

POULTRY FARMING BUSINESS PLAN AND FEASIBILITY STUDY FOR SAM AND ENE AGRIC VENTURES, ODUKPANI, CROSS RIVER STATE

EXECUTIVE SUMMARY:

Sam and Ene Agric Ventures is a poultry farming business that is dedicated to the production of high-quality chicken meat and eggs for consumption in Odukpani and surrounding areas. The business is owned and operated by Sam and Ene, who have a combined experience of over 10 years in the poultry industry.

MARKET ANALYSIS:

The market for poultry products in Odukpani and surrounding areas is large and growing. There is a high demand for chicken meat and eggs, and the market is not currently being fully served. The business will target households, restaurants, hotels, and supermarkets in the area.

PRODUCTS AND SERVICES:

Sam and Ene Agric Ventures will produce and sell chicken meat and eggs. The business will start with 500 broiler chickens and 500 layers. The broilers will be raised for meat production, while the layers will be used for egg production. The business will also offer chicken processing services to customers who want their chickens processed for consumption.

MARKETING AND SALES:

The business will employ a variety of marketing strategies to reach potential customers. These will include print and radio advertising, social media marketing, and participation in local events and fairs. The business will sell its products directly to customers through its own retail outlet, as well as through supermarkets and other retail outlets in the area.

OPERATIONS:

The business will be located on a 1-acre piece of land in Odukpani. The land will be fenced to provide security for the chickens. The business will employ experienced staff to take care of the chickens and manage the day-to-day operations of the farm. The business will also partner with suppliers of chicken feed and other necessary inputs.

FINANCIAL PLAN:

The startup costs for the business are estimated to be 5,000,000. This will cover the cost of purchasing land, building a chicken house, purchasing chickens, feed, and other necessary equipment. The business is projected to generate a total revenue of 12,000,000 in its first year of operation. The net profit for the first year is estimated to be 3,500,000.

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POULTRY FARMING BUSINESS PLAN AND FEASIBILITY STUDY FOR SAM AND ENE AGRIC VENTURES, ODUKPANI, CROSS RIVER STATE

Blog Information

  • Type : Research Guides
  • Published by : All Project Materials
  • Date : March 20, 2023

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