Broiler poultry farming business is a very profitable business, and many people are making money all over the world by farming the birds. However, to build a successful, sustainable broiler poultry farming business, you require sufficient knowledge of how to efficiently raise the birds, good management skills, and a good poultry farming business plan. This article will outline how to start the business, and the broiler poultry farming business plan – PDF, Word and Excel.
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Broiler chicken farming is a lucrative business, providing income for millions of people, but there are some essential things you need to do before you venture into the business. You have to decide on the size of your poultry farming business project i.e. the number of broiler chickens you want to keep per cycle; location of the poultry farming business e.g. a chicken farm , and your target market. These choices will be affected by the amount of capital you have, and the size of your target market. If you do not have a lot of capital, you can always start small and grow your broiler farming business overtime, remember, Rome was not built in a day. You also need to carry out market research (Who are you going to sell the broiler chickens to? At what price?) and write a broiler poultry farming business plan before you venture into the broiler production business.
The richest man in the world, Bill Gates, regards poultry farming business as a good, profitable business. He is donating thousands of chickens to as a means of empowering people to earn an income by starting poultry farming businesses. In his article on his website, “Why I would raise Chickens”, Bill Gates says poultry farming is a good investment which can generate a lot of income for the people.
What you need
Land, Housing and Equipment
The kind of housing you need and the size of the land will depend on the size of your poultry farming business project. When choosing the location for your poultry farming business, you have to balance the need for proximity to the market, with the cost of land, labor costs, security, and a good water supply. Your broiler poultry farming business plan should take into account all the costs of running the business.
When you are planning to construct a broiler chicken house, you have to select a site which is well-drained with plenty of natural air movement. Broiler Chickens cannot adjust well to temperature extremes, so it is very essential that the hens be housed, cared and provided with an environment that will enable them to maintain their thermal balance. You need to reduce temperature fluctuations, and this can be achieved by having the broiler chicken house oriented on an east-west axis to reduce the effect of direct sunlight on the sidewalls during the hottest part of the day. Good temperature control will enhance feed conversion and growth rate, making your poultry farming business more profitable.
Broilers chickens need sufficient space for them to grow well, they should not be crowded, otherwise they may suffocate to death and that will lead to a loss in your poultry farming business. Each broiler chicken requires about 0.1 square meters of floor space. which translates to 10 hens per square meter. So the size of the poultry house will depend on the number of birds to be reared. Your housing can be barns, chicken runs or hutches, and the cost of construction will depend on the materials used, and the size of the broiler poultry house. You also need poultry farming equipment which includes feeders, drinkers, lighting system and waste disposal system. The cost of equipment should also be take into account in your broiler poultry business plan.
Day old chicks
You should purchase your day old chicks from a reliable accredited hatchery or company where the parent stocks are well managed. The success of your broiler poultry farming business will partly depend on the type of day old chicks which you buy. Broiler chicks from different hatcheries vary greatly in terms of quality, and thus will be a determining factor in the success of your poultry farming business venture. You should assess the quality of the chicks by checking whether they are clean, dry, have bright eyes, are active and alert, and should not have any deformity on the body.
Buy your stock from accredited hatcheries which have a comprehensive history of vaccination and health management programme for the breeding flock. If you are new to the poultry farming business, you should enquire from other farmers to hear where they buy their chicks from, as they will usually have experience with various hatcheries. When you have purchased the day old chicks, you need transport them carefully to avoid mortality, as the day old chicks are tender and must be handled with care. The costs of the chicks should be properly accounted for in your broiler chicken business plan.
Feed And Nutrition
To be profitable in the poultry farming business, you have to minimize the costs and the mortality rate, as well as optimize the target weight of the broiler chickens. Broiler chicken stock feeds are formulated to provide the protein, energy, vitamins and other nutrients essential for health and efficient growth of the birds. Just like with day old chicks, the type of broiler poultry feeds you choose will have a great impact on the profitability of your poultry farming business.
Most broiler chickens are sold to the market when they are six weeks old. Each bird will consume about 4 Kg of feed from 0 to 6 weeks. At this age, they will have an average of 2.2 KG to 2.5 KG. The broiler chickens are given a specific type of feed depending on the stage of production. There are 3 types of broiler poultry feeds, which are Starter feeds, Grower feeds, and Finisher feeds. The chickens also require enough water for efficient growth. You will also need a broiler stress pack/vitamin supplements which can be used to promote growth of commercial broilers and chicks, and also to combat stress during periods of high temperature, after vaccination and as an aid in recovery from disease to boost performance of the stock. All the feed costs should be included in your poultry farming business plan.
Management and Labour for Broiler Poultry Business
The number of farm workers you need will depend on the size of your poultry farming business project. If you are running a small poultry farm business e.g. 100 birds/cycle, you and your family may be enough to take care of the birds, but if you are rearing 2000 birds per cycle, you will need full time employees to manage the poultry farm. There is need for good technical knowledge of broiler poultry farming rearing techniques for success in the business, and good management skills.
Capital for Broiler Poultry Farming Business
The amount of capital required for the broiler poultry business depends on the scale of the project. You can get a loan from the bank, or funding from investors, to use as capital to start your poultry farming business. If you plan to raise capital from investors and a loan from the bank, you need a good poultry farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Broiler chickens are very profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a broiler poultry farming business plan to guide you in starting and operating the business.
Market for Broiler Chickens
The market for broiler chickens is very huge and is ever increasing. The annual global demand of broiler chickens is 90 million tonnes. That’s a lot! You can supply your broiler chickens to individual households, butchers, schools, restaurants, companies, supermarkets, organizations, events, abattoirs etc. You can sell your broilers as live birds or you can slaughter and freeze them and sell them as dressed chicken. The broiler poultry farming business plan ought to include a proper marketing plan to use in your poultry farming business.
The export market is also very huge! As you grow your broiler production business you will be able to export the meat to other countries. The largest importer of broiler chickens is the Gulf Cooperation Council, which is a as a political and economic alliance by six Middle Eastern countries which are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). Currently, the top producers of broiler chickens are United States of America, Brazil, China, European Union, India, Russia, Mexico, Argentina, Turkey, Thailand and Indonesia. The largest importers of the meat include the previously mentioned Gulf Cooperation Council, Japan, Mexico, European Union, Iraq, South Africa, China, Honk Kong, and Philippines.
Pre-Written Broiler Poultry Farming Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements
For an in-depth analysis of the broiler poultry farming business, we encourage you to purchase our well-researched and comprehensive business plan. We introduced the business plans after discovering that many were venturing into the broiler chicken business without enough knowledge and understanding of how to run the business, how to keep the birds, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.
The StartupBiz Global poultry farming business plan will make it easier for you to launch and run your broiler poultry business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the broiler chicken business.
Uses of the Broiler Chicken Farming Business Plan (PDF, WORD AND EXCEL)
The broiler poultry farming business plan can be used for many purposes including:
- Raising capital from investors/friends/relatives
- Applying for a bank loan
- Start-up guide to launch your broiler production business
- As a project/business proposal
- Assessing profitability of the broiler chicken business
- Finding a business partner
- Assessing the initial start-up costs so that you know how much to save
- Manual for current business owners to help in business and strategy formulation
Contents of the Broiler Chicken Production Business Plan (PDF, WORD AND EXCEL)
The business plan include, but not limited to:
- Industry Analysis
- Marketing Strategy
- Market Analysis
- Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
- Risk Analysis
- SWOT & PEST Analysis
- Operational Requirements (Including technical aspects of how to keep and rear the broilers, feed requirements etc)
- Operational Strategy
- Why some people in broiler poultry farming business fail, so that you can avoid their mistakes
- Ways to raise capital to start your broiler poultry business
The Pre-written Broiler Poultry Farming Business Plan package consist of 4 files
- Broiler Chicken Production Business Plan – PDF file (Comprehensive Version – 75 Pages)
- Broiler Chicken Production Business Plan – Editable Word File (Comprehensive Version – 75 Pages)
- Broiler Chicken Production Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 41 pages)
- Broiler Chicken Production Automated Financial Statements – (Editable Excel File)
Our premium Excel financial statement gives you the ability to input the number of birds you want to work with, the costs which apply to your country e.t.c., and the financial statements will be automatically generated. The Excel template comes with a complete set of financial statements, with prices in US Dollars, which you have to edit, to input the prices in your country’s currency e.g. Shillings, Rupees, Rands, Pesos e.t.c . When you download it, you just adjust the figures on the inputs sheet (Required details include the number of birds, costs of feed, salaries, selling prices of the birds etc). After entering the required details, the excel template will automatically generate all the financial statements (Monthly Cash Flow Projections, Income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization).
Click below to download the Contents Page of the Broiler Chicken Production Business Plan (PDF)
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