Complete Guide On How To Start A Lucrative Poultry Farming Business
Welcome to Infoleading blog. Here we share with farmers and newbies every information and knowledge they require to start and manage their livestock farming business. I want to share with you the complete guide on how to start a lucrative poultry farming business.
I know most of us are looking for a quality information on this topic, so endeavor to read all the tips am going to share here patiently.
Before I proceed, I want to give you every information and knowledge I have on poultry farming. I will be explaining what poultry farming is all about and how to achieve success on this particular farming Business.
The poultry farming business am going to discuss here is production of broilers breeding and layers breeding.
This is where most farmers specializes on. So without wasting much time let us go down into what I want to share with you.
What is Poultry Farming?
Poultry farming is a type of animal husbandry that involves the process of raising, breeding and rearing domesticated birds (chicken, turkey, guinea fowl, duck etc.) for commercial and personal purpose.
Poultry product falls into the category of white meat unlike the beef, pork and goat which is a red meat. And doctors do prescribe white meat as a source of protein to patients due to it’s health benefits.
For example, for high blood pressure, cholesterol and diabetic patients still enjoy eating meat (white meat). Poultry farming business is highly profitable and lucrative because of the high rate of consumption.
Although so people are going into this farming, so as to meet with the demands of the population. But the demand for poultry livestock is not yet being met.
This is so because as each day comes, the population of human increases and thus making demand for food high which in turns makes farmers not to meet up with the demand.
Is Poultry Farming Lucrative?
Most people ask this question, whether poultry farming is lucrative. The answer is yes and it is very lucrative.
Nowadays nobody wants the dirty or farming job, everyone wants a white collar job. To crown it all, agriculture is currently the booming sector in all countries especially West African countries.
This business does not require a high certificate, or qualification for you to participate in it. Rather all you need is ardent desire, hard work and knowledge which am sharing with you.
Like I said earlier, the demand for white meat to red meat is high because of its health benefits.
It is market ready, some farmers don’t wait to market their products rather buyers come looking for them. They seek their assistance even before their product is even ready for the market because everybody loves white meat.
There is quick return of investment in this aspect of livestock farming. For instance, if you invest in a day old chick, after forty-five (45) days you have the profit back.
Capital used for investment is also low in comparism to some other livestock farming business. Here, you can start up a complete poultry farm with the sum of N40,000 – N50,000 and with 10 days old chicks.
And in less than 2-3 month you will be selling fully grown chickens or eggs. So, you can start up your business with our best guide on how to start a lucrative poultry farming business.
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Step By Step Guide On How To Start a Lucrative Poultry Farming Business
I am going to walk you through all the steps and guidance you need. In other to set up your own astonishing and wealth generating poultry farming business, below are the guides;
Do a Perfect Research on This Farming Business:
Take your time and research everything on this business in other to learn the tricks of the business. Most individuals rush into this particular farming business without having knowledge of what the business is all about.
This is simply because, they heard it from their friends or relatives. It is a very delicate business which that needs serious attention else you may not succeed.
After deciding on starting the business, it is best to start up a practical training course. This is because there is no amount of knowledge you can acquire that is enough.
You’ll need a practical experience on that knowledge. A lot of different courses are offered on how to start and succeed in poultry farming.
Once you have the desire to start poultry business, it will motivate you to approach farmers and gain technical knowledge. Although most people will not give out their knowledge free but nothing should pull you back.
See Also: Best Guide on How to Start a Lucrative Pig Farming Business
Decide and Invest on the Poultry Breeding Departments
Like I said earlier, that am writing basically on two types of breeding species namely, broiler and layer breeding. Here, you can decide to select either one of these species to specialize on but the choice is yours.
For a newbie, I will advise you to specialize on one specie first, and gradually enter into the other department.
Although some people have the capital to manage and invest into the two sectors. You have to consult an expert in this area if you don’t want to lose your capital.
This is because you are still inexperienced in the farming business, so it is best to take it slowly. This will help you to overcome any in contingencies like diseases and so on.
The farm location is another factor that determines the success rate of your farming business. Why did I say so?
Poultry farms is best located in the rural areas where the cost of land is affordable at cheap price. But even though you put going to the rural settlement as a criteria.
Also know that good transportation, water supply and nearness to the market should also be put into consideration.
It should also be easily accessible to you. For example; if it is a small scale farm, you may decide for the location to be in your residence.
If it is a large scale farm, the location can be a little bit further from your residence. But at least the poultry farm manager should be closer, in other to maintain the daily activities of the farm.
Housing Systems and Poultry Equipment
Building of a quality poultry pen is very important for effective management and maintenance of the livestock.
There are three types of poultry housing systems namely: intensive, semi-intensive and extensive systems.
Let me throw more light on these three types of poultry housing system for better understanding.
Intensive Housing System:
This is a type of housing technique adopted by mostly large scale farmers, Example Obasanjo’s poultry farm. This housing system confines the birds to a battery cages or houses that is well ventilated.
It helps to fully have control over the production of everything inside the farm and as well ease of management is attributed to this type of housing system.
Semi-intensive Housing System:
This is another type of housing technique whereby the birds are allowed to move about freely. This is in an area where all their daily activities are done.
The space is designed with sawdust and must be changed periodically to avoid dirt and attraction of diseases to the birds.
Extensive Housing System:
This is a housing system where by the birds freely roam or wander about and fend for themselves. This is mostly adopted by backyard farmers who have access to large plot of land for the birds to graze.
It is highly not recommended for large scale farmers, because you won’t have control of the birds and you cannot achieve greater success in the business with this type of housing system.
When selecting the type of housing systems make sure it has all the necessary poultry farm equipment required for that particular housing system.
This is because every system adopts a specific farm equipment, so endeavor to provide them. Common equipment used in poultry farming business are drinkers, feeders, heaters, cages, crates, incubators and so on.
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Buying of Poultry Breed or Hatchery
It is best to acquire birds of a good breed from trusted and reputable farms which have good history of service.
Depending on the kind of breeds such as broilers for meat and cockerels or layers for egg, it is best you get those that maximizes profits and outcomes.
Feeding the Chicks
It is important to know that the quality of a day old chicks acquired is the stepping stone of good or bad foundation of your poultry farming business.
So before you buy a day old chick, it is better to do a thorough research on the hatchery and breed. This will help you know the best to purchase, because doing this wrong marks the beginning of failure in this farming business.
This is the most important step of creating a very lucrative poultry farm. This area is what consumes almost 75% of your time, effort and money.
For beginners you can start by buying already prepared feed from good and trusted sellers until you become conversant with the feed production that you can then formulate your own feed type.
Make sure the birds are getting good source of balanced diet from their feed because this determines the health and growth of your chicks.
This area is the biggest section that most challenges farmers. So always consult other farmers as well to know their own tricks for their various success.
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Medications and Vaccination
After all said and done, another step to follow is calling a veterinary doctor to come and do vaccination in the farm. There are routines and medications in the poultry farms that ensures good health and well beings of the livestock.
This helps to prevent viruses, pathogens and bacterial infections from destroying the lives of the chicks.
As a beginner you need to consult a vet for critical advice and health management of the birds. Then as you go further into the farming business you can then know other vaccines to generate.
So folks, don’t follow what a friend did on his farm because what works for the other person may not work for you.
Some beginners use their hands to medicate and vaccinate their poultry farms and then it may or may not work. Which in turn may wipe out their entire farm and all investment gone.
Never joke with health and management of your poultry farming business by simply not consulting the people that their profession solely specializes on that.
Marketing and Selling the Products
This is the final step towards establishing a lucrative and wealth generating poultry farming business. Like I said earlier that the poultry business is market ready but that doesn’t mean you will wait all along in your farm for buyers.
Try as much as possible to consult buyers and know the worth and value of your product in the current market so as to know how you will sell your own products.
Meet retailers collect their names and addresses and inform them of you farm even before it is ready to be marketed.
Let me give you simple trick as a beginner, here in Nigeria, people love discount a lot and you can decide to start by giving off so in return you create your brand.
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