Pig farming business is a very profitable business, and many people are making money all over the world by starting a piggery business. However, to build a successful, sustainable pig farming business, you require sufficient knowledge of how to efficiently raise the pigs, good management skills, and a good pig farming business plan. This article will outline how to start the piggery farming business, and the pig farming business plan – PDF, Word and Excel.
Pig 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 piggery business. You have to decide on the size of your pig farming business project i.e. the number of sows you want to keep; location of the pig farming business e.g. a piggery 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 piggery 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 pigs/porkers to? At what price?) and write a pig farming business plan before you venture into the piggery business.
What you need
Land for Pig Farming Business
To start your piggery business, you require a large enough area for erecting the necessary pig sty and other farm buildings. The pig farming project requires a gentle sloppy site with well-draining soils (e.g. loamy soils). This is essential as enables easy flow of effluence. You should locate your piggery farm at least 1 kilometre away from the rivers to avoid possible contamination of water from effluence. You should first asses if the land is suitable for operating a pig production business. It is advisable to locate the pig farming project nearer to good roads as that will help minimize costs and enable the farmer to have access to and from the piggery business project. Your pig farming business plan should take into account the cost of purchasing or renting the land.
Housing for the Pigs
You need good and efficient housing for your pigs. This will make management of the pigs easier and it reduces the mortality rate of the piglets. If you have proper housing at your pig farm, you can successfully rear 90% or more of all the live born piglets to market weight in the shortest possible time. Note that pigs at different stages of growth require different environments (temperatures) and different housings. Piglets require protection from very low temperatures to ensure that they grow to their maximum potential level.
On the other hand, the growing and reproducing pigs must be protected against high temperatures. So you have to ensure that the piggery houses are built to protect the young and grown pigs against extreme temperature and bad weather conditions e.g. continuous rain and cold winds. Materials and equipment required for the construction of pig housing structures and buildings can be bought from hardwares and other shops which specialize in selling agricultural inputs. Your piggery farming business plan should take into account the construction costs for the housing of pigs.
Breeding Pigs: Sows and Bows
To start your pig farming business, you require breeding stock. The breeding stock you require are boars and sows. Boars are the male pigs which will service the sows, which are the female pigs. Ensure that you purchase a good breed of pigs. When you are buying the breeding stock, buy from farms which are known to produce good and healthy pigs. The growth potential of your piglets will depend on the nature and quality of the parent stock. Thus it is of great importance to buy a good pig breeding stock from reliable piggery farmers.
You require 1 boar for every 15-20 sows. The number of soars which you buy for your pig farming business will depend on the scale of your piggery business. One sow gives birth to 9-11 piglets from one pregnancy. A sow can fall pregnant twice a year. The pregnancy of a pig lasts for 3 months, 3 weeks and 3 days (114 days). The pig farming business plan should take into consideration the cost of buying the breeding stock.
Feed for the Pigs
You ought to correctly feed your pigs. The pigs must be given the correct type of feed as well as the correct amount of feed. This will ensure that the pigs reproduce efficiently, grow efficiently, utilize the feed efficiently, produce good quality meat, thus maximizing the profits of your pig farming business. If you fail to give the proper feed to pigs then you may miss the slaughter weight targets and the desired quality of the pork. This may lead to a loss in your pig farming business. Note that pigs require different types and amount of feed depending on which stage of growth they are at. Your pig farming business plan should take into account all the feed costs at different stage of growth of the pigs.
Capital for a Piggery Farming Business
Starting a pig farming business is capital intensive. The capital is required for constructing the pig housings, purchasing the breeding stock, purchasing stock feeds and other costs associated with running a pig farming business. The amount of capital you need for your pig farming business will depend on the size of your piggery farming project. Your pig farming business plan should clearly outline the money required to start and operate a pig production business.
Management And Labour for a Pig Farm
The number of employees you require for your pig farming business will depend on the size of your piggery project. You will need pig keepers who will be responsible for feeding the pigs, cleaning and disinfecting the pig housings, washing the pigs and other duties. There may also be need for finance and marketing team, depending on the size of your pig production business. Your pig farming business plan should take into account the salary costs for all the people you are going to employ.
You can slaughter your pigs when they are between the ages of 4 months to 6 months. The exact age at which you slaughter your pigs depends on whether you want to sell your pigs as porkers or as baconers.
The market for pork is very huge and is ever increasing. The annual global demand of pork is 11 million tonnes. That’s a lot! You can supply pork to abattoirs, local butcher shops, retailers, hotels, supermarkets, restaurants, wholesalers and individual consumers. Pork has to be sold whilst it’s still fresh, thus you should locate your pig farm close to your market. The pig production business plan ought to include a proper marketing plan to use in your piggery business.
The export market for pork is also very huge! As you grow your pig farming business you will be able to export the pork to other countries. The largest importers of pork are Japan, Russia, Hong Kong, China, South Korea and Mexico.
Pre-Written Pig 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 pig farming business, we encourage you to purchase our well-researched and comprehensive piggery business plan. We introduced the business plans after discovering that many were venturing into the pig production business without enough knowledge and understanding of how to run the piggery business, how to keep the pigs, 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 pig farming business plan will make it easier for you to launch and run your piggery 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 pig farming business.
Uses of the Pig Production Business Plan (PDF, Word And Excel)
The pig 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 pig production business
- As a piggery business proposal
- Assessing profitability of the piggery 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 Piggery Farming Business Plan (PDF, Word And Excel)
The pig farming 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 pigs, feed requirements etc)
- Operational Strategy
- Why some people in pig farming business fail, so that you can avoid their mistakes
- Ways to raise capital to start your pig farming business
The Pre-written piggery farming business plan package consist of 4 files
- Pig Farming Business Plan – PDF file (Comprehensive Version – 81 Pages)
- Pig Farming Business Plan – Editable Word File (Comprehensive Version – 81 Pages)
- Pig Farming Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 42 pages)
- Pig Farming Business Plan Automated Financial Statements – (Editable Excel File)
Our premium Excel financial statement gives you the ability to input the number of pigs 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 pigs, costs of feed, salaries, selling prices of the pork 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 Pig Farming Business Plan (PDF)
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