Other forms of competition will emerge from hazlitt importers of similar size and similar quality eggs. However, the key target market for the locally produced eggs would normally be high quality local produce. Hence, competition will be limited and prospects for locally produced eggs are expected to remain good. The management Training development The management should always inspire and respect the employees by recognizing their merit. It should always be the managements belief that employees should be adequately trained and compensated. Personnel training and remuneration should be regularly reviewed to keep up with market developments and to keep staff motivated. Competition in the long run can affect staff turnover and hence sufficient emphasis on staff training is critical to maintain stability in the operations. Evaluation control The management should evaluate the effectiveness of this plan and the feasibility study in meeting its goals.
Details of essay entrepreneur: Name management Ude martins Managing Director Mr Kalu ozor Manager Operation Miss Ijeoma izu manager Marketing Nnamdi Ofor Manager Sales Bassey edet Manager hr chidi Uba manager Finance The Product The eggs produced at the poultry farm should be of premium quality. The eggs produced in the farm will be of 60g per egg compared to common imported white eggs of 45g per egg. . The eggs will be produced in an environmentally friendly manner. The price of the eggs will be competitive considering the high quality and freshness of the eggs in comparison to the price of imported eggs of the same quality. The proposed farm will have the capacity to produce 250 eggs per day, and eggs shall be sold to the market at bdt 8 per egg in the first year of operations. To ensure a non-stop stable supply of eggs to its customers, one rearing house and another layer houses (26 x 36 each) shall serve to maintain a continuous supply. Competitors Once the product is introduced, small businesses which are more organized in this kind of production and distribution may see the opportunity and seize it before the product is firmly established in the target markets.
Threats Disease outbreaks may threaten the quality and supply of stock and finished goods Inflationary factors which may drive up the investment and operational costs (especially the cost of feed) may not make the farm financially sustainable Inability to achieve economies of scale may limit. The products and the competitions Description of the farm This is a sole proprietorship business where the main activity of the firm is to provide quality product through the lagos city. I will collect chicken and eggs from different producer near to lagos city especially from Surulere. Chicken and eggs will be distributed to restaurant, super shop, hotel, community center, and bakery and catering houses around Lagos city. Prolong the sufficient supply to the customer is one of my most important purpose. . we want to supply extend area of Lagos city with affordable price. Name: Amfest poultry farm Address of the firm: Factory: Km 10, lagos/Ogun State Express. Office: 10 Bode Thomas Street Owners equity of the project: It is mainly a partnership business.
A, sample poultry farming Business Plan Template
Conduct an effective marketing and promotions strategy. Products to be delivered to the distributors in pristine condition without damage to the eggs. That wholesale prices remain constant for a reasonable period of time in order to gain the confidence of distributors. Utilization of appropriate and efficient equipment to meet the set objectives. Keeping the eggs fresh through proper storage and handling. Trained manager and employees working on the production lines. Effective coordination, communication and relationship management with sponsors/lending/aid agencies and other stake holders.
Accessibility and responsiveness to the needs of the customers. Swot analysis Strengths Competitive price Transport costs are lower as opposed to transport costs of imported poultry products being a labor-intensive activity, it can provide employment opportunities for women and youth in the local area, which will attract support from the stakeholders Close coordination ensure. Weaknesses High cost of imported chicken feed in the absence of locally produced feed. Properly establishing and operating poultry units require high startup costs, especially for setting up of the layer house and the rearing house. Intensive training will be required to generate awareness and stress the importance of appropriate operational techniques and procedures Limited information available on trade and marketing on the locally produced poultry products Lack of infrastructure due to limited rearing units and laying units Opportunities There. Expanding egg production units could lead to economies of scale Fresher and more convenient than importing Labor availability due to high unemployment essay levels among women and youth in local areas Easier for community owned and managed businesses to attract funding and technical assistance from aid.
Hence, the foremost importance should be given to ensure that high quality products are delivered to the customers. The management should value the customers as well as its employees and distributors and every possible effort should be made to sustain the lowest possible costs in order to pass the benefits of increased margins to the owners of the business, its employees and the. The management should always inspire and respect the employees by recognizing their merit. It should always be the managements belief that the employees should be adequately compensated. Leadership should be a key guiding principle of the business. It should engage itself by involving, leading by example, trust and confidence of the industry, positive promotion of talent and market innovation.
Using all the distinctiveness and diversity of skills of the employees, the management should ensure that the business is always open to and actively seeking out new perspectives and challenges, capitalizing on new opportunities and promoting the access and affordability benefits of the product and. Last but not least, Openness should be a key ingredient of all guiding principles. Straight forward communication, listening, clear dialogue and reflections on the industry and the businesss priorities in relation to it should certainly be a core principle in all its engagements. Critical Success Factors Securing of start-up capital. Suitable size space and good location for the production facility. Management commitment to excellence and customers satisfaction. Emphasis on production of high quality eggs. Consistency in the product, in terms of quality, taste and size proper management, administration, marketing and good financial management. Existence of suitable infrastructure to support the business on the island.
Business plan of poultry farm, sales supply Chain
Give confidence to the general people to invest and engage in similar commercial ventures. Seek and secure the required funds to finance the proposed plans. Become a reliable and stable and supplier of eggs. Ensure that the potential customers are informed of the products unique attributes. Develop the range of markets, and opportunities for consumption of the locally produced eggs and encourage participation, understanding and engagement. Generate a reasonably good return on investment to the investors within a reasonable amount of time through sustainable and eco-friendly investment practice guiding Principles values Any business that wants to be successful must follow certain principles and uphold certain values. The management of the proposed venture should believe that the first Responsibility is to be given to the customers.
The reason being that online a product of this nature should ideally command a premium price to generate a reasonable return on the investment. The importance of a sound management and adhering to fundamental business principles is also highlighted. The plan identifies the high investment cost and the high cost of chicken feed as the biggest impediment for the success of the proposed poultry farm. Financial Summary, financial Highlights, the proposed investment in this plan is financially feasible. Following are some financial highlights for the projected 3 year term. General Business Objective some important objectives of the proposed business should be to: Introduce the product to a niche market where the eggs will fetch the highest average price. Develop a sustainable business, able to survive off its own cash flow Increase income and job opportunities for the people and bring diversification to land-based economic activities.
self-sufficient school. It will also help someone identify areas that he might have overlooked or areas that require more thought and planning. Executive summary, general, the nigerian economy is highly dependent on the import of goods and services to meet the domestic demands in the country. A large component of the imports consists of a variety of food products, ranging from agricultural products, canned goods and poultry. As a result, the government has been on a constant lookout for ways to negate this dependency and become self-sufficient. Poultry farming was introduced to serve this purpose. The proposed business model in this document has many similarities to various poultry firm. The plan emphasizes on the importance of the eggs produced at the poultry farm be of premium quality and that it should clearly differentiate itself with its larger size and weight. The major market that has been identified for the purpose of this study is the domestic market.
Marketing plan, financial Plan, sales forecast, personnel plan. Budget, cash flow assumption, loans and investment, project appraisal and financial statement. Methodology, major assumption, conclusion, profit and loss statement, balance sheet. Get your poultry farming business plan feasibility study now! To place an order, pay n10,000 to: bank name: guaranty trust bank (GTB). Account name: chibuzor tochi onyemenam, account number:, introduction. A business plan clearly sets out the objectives of business (the self-sufficient school). It states exactly evernote how the business intends to operate and how it will become profitable. A good business plan will keep anyone focused on his objectives.
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This poultry farming business trunk and feasibility study is updated regularly and so can be used to procure Grants, Bank loans, competitions, etc. You can also use it as a sample guide to doing your own business plan or feasibility study. Table of contents, introduction, executive summary, general. Financial summery, general, business objective, guiding principles and Values, critical success factor. Swot analysis, the Product and competition, description of the farm. The product, competitors, the management, training and development, evaluation and control. Target market, market overview, market needs, strategy and implementation.