Pig Farming Business Plan In Nigeria PDF - Sample Template

 

piggery farming business plan

Pig business planning and financial management: Uganda smallholder pig value chain capacity development training Business plan 7 Components of a business plan 10 Funds required for financing long term assets of the business e.g. construction of a piggery unit or slaughterhouse. I plan to stick with this specialized business that I know best unless fatally defective Dishonestly, theft, shrinkage: I intend to implement the same policies that have been proven by Panock Piggery and Poultry Farm, one of my biggest competitors. Business recessions: I am prepared to promptly cut costs to maintain liquidity. Pig Farming Business Plan in Nigeria - Pigs can be raised in controlled or free environment, as a small- or large-scale business. But in whatever size, a prospective farmer would need inputs as to how to raise pigs efficiently and in a more productive manner.


Sample Pig Farming Business Plan Template


Piggery farming business plan browse Academia. Skip to main content. You're using an out-of-date version of Internet Explorer. Log In Sign Up. Kenechi Nwogwugwu. Vision Statement: To provide top quality meat for healthy living of people all over the world. My business is production and sales of pork and life pigs. I plan to establish a company that will produce these pigs in commercial quantity and sell to my numerous customers.

We want to feed Nigeria with healthy meat and export to other countries. We will ensure that we sell the highest number of pigs for pork in Nigeria and increase production every year in other to satisfy our customers. The most important thing in my business is hygiene and best practices in animal production. Pig farmers, pig butchers, wholesalers, retailers, abattoirs, meat processing companies, food packaging companies are my target piggery farming business plan. My business is positioned to take advantage of growth trends in the industry.

My most important company strengths are measurement of life pigs weight, processing and packaging of pork, piggery farming business plan of my products are exposed for contamination, and best possible hygienic measures are taken. My company will succeed because we provide the most important basic need that is protein in form of animal meat and our products are consumed daily by majority of Nigerians. Due to the fact that the available meats are not enough and are not of the best hygienic standard, piggery farming business plan, we will provide quality meat and make profit.

With the experience, skills, and strengths of management team and workers to be employed, we will ensure that this business grows to become a house hold name in Nigeria and a world class company. These customers buy pig from farmers in the state. It is our responsibility to locate and market our products to them.

Local consumer of pork in Onitsha, piggery farming business plan, Nnewi, Awka, Nkpor and Oba, Anambra State will be encouraged through proper marketing technique using our point on purchase sales outlet. These consumers buy pork in the market for consumption. Through proper marketing strategy, these customers will be encouraged to buy our products.

Pig farmers in the state who need boar, piglets or sows are our targeted customers. They may want to buy a boar, piglets or in- sows pregnant pigs for their farms, piggery farming business plan. All pig farmers in the state will be located and visited and how to sell products to them when they need them will be strategized.

Wholesalers and retailers of pig in the state are our valued customers. They buy from farm and resell to the butchers and consumers. They will be searched and located and their contact kept in our record. They will be contacted when they need any product. Public markets are places where our customers may want to come and buy our product. Sellers of pork are also our targeted customers.

Abattoir and meat processing companies are our targeted market. Our product will be sold to them for further processing. Food processing and packaging companies like UAC foods and other food packaging companies in the state, eateries, restaurants and hotels are also our targeted customers. These companies will be encouraged to put pork in their menu, and will be sold to customers. A very good marketing strategy will be employed. In fact, the Food and Agricultural Organization of the United Nations FAO quarterly bulletin of statistics reported that there is a greater output of meat from pigs Local pig farmers hold greater percentage of the market share.

All the pig farmers are my targeted customers because of the production technique in artificial insemination in pig production to be used. I plan to be a major factor in the market. Demand piggery farming business plan meat has risen more than five-fold in the past 50 years in Nigeria, according to the FAO. The FAO said that it believes that the rapid growth of developing economies suggests meat consumption will continue to grow and outpace the growth of supply.

The growth trends on the market is seriously increasing rapidly and more consumers preferring to eat pork because it is affordable and readily available upon increase production. However products in the market are not packaged and I will take advantage of this. We will introduce product packaging to increase product development. The pig industry can be a very reliable one due to certain attributes of pigs and piggery farming business plan Nigerian production system.

Pigs have a high survival rate and also have the ability to utilize a host of agro- industrial bye — products and crop residues with little or no processing and minimal cost. Pricing Power Pricing My method of setting prices is based on weight of my life pigs and pork.

For my business, my pricing policy is higher than that of my competitors because I am starting. I will increase quality of my products and use this to sell my products to my targeted customers. My price will be fair and I will compete on quality.

My company will charge fifteen thousand naira for kilogram of life pig. Our processed one kilogram of pork will go for four hundred naira. Price is important in this market but my customers mostly make their purchase decision on quality. This is my pricing power. My days as an undergraduate, from till date, piggery farming business plan, have given me the privilege to run and manage Benco Pig Farm, a family pig farm.

It has given me the needed technical experience. With continuous training and re- training on business skills and entrepreneurship, I will grow this business to compete internationally and also extend my tentacle to other agro based enterprises. It has given me the needed technical production skills. The table below shows list of required and acquired skill needed in my business. I am hard working and always come first in any thing I do in life.

I am innovative, motivated and persistent in any thing that I venture in life in order to achieve success. I am a class leader for five years as an undergraduate. My hobbies are playing chess, reading, meeting people and travelling. Following are the tentative specifications and budget for this equipment. I will also by 3 in 1 printer. The printer will print, photocopy and scan, piggery farming business plan.

Computer tables will be bought for both the laptop and general work table in the administrative building, piggery farming business plan. Etisalat will be my internet providers. Budget for Internet access. It is my intention to grow Ifekentus Nigeria Ltd into a large firm with international standard and relationships. The initial and ongoing cost of operating as private limited liability company will be a necessary business expense.

Also, since a properly run private limited liability company will afford me limited liability, I feel this is the right form of business for me. I intend to depend on my attorney to handle all aspects of setting up the limited liability company and maintaining proper company records.

With my management team and me as managing director, we will grow this business and provide jobs to many Nigerians. There is a plan for continuation of the business if I am dead, or incapacitated.

I can be replaced by piggery farming business plan owners of this company. Working hours will be from 8am to piggery farming business plan everyday from Monday to Friday except for security agents who will work all day and night. They are owners of the Private limited liability company. This is to encourage them to put in their best and ensure business successes. I will pay them piggery farming business plan well.

I will train them and increase their salary. This is because I will ensure that best hands are employed. This salary structure will increase after one year to a standard compared to the one paid by good piggery farming business plan. I believe in paying my workers well so that they are motivated.

My workers will be trained. The cost will be the cost of doing business. Licenses My company will apply for all necessary licenses.

I plan to register the company immediately the company is empowered. I plan to complete tax registration forms and get a tax identification number.

I will pay myself salary, pay payroll taxes, company tax and formalize my business with the government. I will consult my professional consultants on how to acquire these licenses, piggery farming business plan.

I will ensure that the following requirements are achieved. This will cover my livestock, farm buildings, machinery and equipment which form part of the investment on the farm in accordance with its policy. These risks are covered when I have satisfied such conditions relating to good animal husbandry which I plan to achieve. Cost of Insurance cover. The cost of the insurance cover is 7. I plan to pay this to an agricultural insurance company, Nigerian Agricultural Insurance Corporation in Anambra State.

I will depend on my insurance agent to give me expert advice and take up all insurance covers for my business.

 

Starting a Commercial Pig Farm – Sample Business Plan Template

 

piggery farming business plan

 

Pig Farming Business Plan in Nigeria - Pigs can be raised in controlled or free environment, as a small- or large-scale business. But in whatever size, a prospective farmer would need inputs as to how to raise pigs efficiently and in a more productive manner. Pig Farming Business Plan In Nigeria PDF – Sample Template. THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC.. Pig Farming Business Plan In Nigeria. CONTENT OF THE PIGGERY FARMING BUSINESS PLAN IN NIGERIA. Are you about starting a piggery? If YES, here’s a complete sample pig farming business plan template & feasibility report you can use for FREE to raise money. Okay, so we have considered all the requirements for starting a pig farming business. We also took it further by analyzing and drafting a sample pig produce marketing plan template.