Pig Farm Business Plan
The words pig, hog, and swine are all generic terms without regard to gender, size, or breed. Pigs originated from Eurasian Wild boars. The typical domestic pig (Sus scrofa domesticus) has a large head with a long snout which is strengthened by a special prenasal bone and by a disk of cartilage at the tip. The snout is used to dig into the soil to find food and is a very acute sense organ.
There are four hoofed toes on each foot, with the two larger central toes bearing most of the weight, but the outer two also being used in soft ground. Pigs are omnivores which means that they consume both plants and animals.
Pig or swine production as a business offer opportunity for farmers to earn a steady income and also provide employment opportunities for a countless number of men and women.
Some of the major customers for our swine farms in Nigeria are the major fast-food companies like Mr Biggs, Tantalizer and UAC followed by hotels, restaurants, and then household consumers of pork, lard, and bacon meat lover.
The high demand for pork and its derivative products has led to an increase in swine farms springing up in many parts of the country.
Table of content
Executive Summary 3
Business Description 4
Products and Services 6
Market Analysis 7
Competitor Analysis 8
Sales and Marketing Plan 9
Operational Plan 12
Management Plan 13
Financial Plan and Projections 14
PATILAD SWINE Farm is an integrated farm involved in the production of quality and affordable pork, bacon, and lard amidst other derivative products from them targeting consumers in southwest Nigeria and the Republic of Benin. We are located in Agbara, Ogun state.
PATILAD SWINE Farm is established as a limited liability company owned by Dayo Adetiloye, Oyebade Adejumobi, and other investors. The farm is managed and directed by Dayo Adetiloye, a veteran in the Agric industry with over 15 years’ experience, and Oyebade Adejumobi, an experienced Agro-allied specialist who also has vast years of experience in integrated animal farm.
Products and Service
PATILAD SWINE Farm sells swine products, including pork, bacon, and lard.
We also operate an abattoir service services where we dress live pigs for our customers and also these swine products to our customers. Our products are hygienic, rich in protein, and of high quality. We produce, process, and package to meet the requirements of the standard organization of Nigeria (SON) and the international standard organization (ISO).
Nigeria as the largest nation in African presently consumes a combined 8.5 million MT of swine meat.
Competitors for PATILAD SWINE Farm are Linda Farms, Chucks Farm, Yemi Dare Farm, Tunde Enterprise, and Akin and sons.
PATILAD SWINE Farm will establish its competitive edge through the expertise of its founders, its excellent products and services, and its affordable prices.
PATILAD SWINE Farm seeks N10 million in long-term financing to cover expansion costs, equipment, building expenses, and working capital.
Funding for the launch of the business is provided primarily by equity from the partners and investors.
The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners. Revenue will top N14,500,000 and profit will reach about N3,843,950 in the 1st year of operation.