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Poultry Business Plan

Introduction

Poultry farming has proven to be a very lucrative business not only in Nigeria but in the world at large. Chickens are one of the major sources of animal meat in Nigeria, aside from pork and fish.

As a business, they offer an opportunity for poultry farmers to earn a steady income and also provide employment opportunities for a countless number of men and women.

One of the major customers for poultry farms in Nigeria is the major fast-food companies like Mr Biggs, Tantalizer, Tasty-Fried Chicken and UAC followed by hotels, restaurants and then household consumers of chicken. The high demand for chicken meat, egg and other poultry products have led to an increase in poultry farms spring up in many parts of the country.

However, there is a shortfall in the supply of chicken and egg because of most of the poultry farms in the country. Hence starting a poultry farm of your own either on a large or small scale is indeed a very wise decision as this will bring you immense financial benefit both in the short and long term.

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Table of content

Page

Executive Summary3
Business Description4
Products and Services6
Market Analysis7
Competitor Analysis8
Sales and Marketing Plan9
Operational Plan12
Management Plan13
Financial Plan and Projections14

Executive Summary

Overview

PATILAD Poultry Farm is a start-up poultry Farm that will be involved in the production of quality and affordable poultry meat and egg and other poultry derivates targeting consumers in southwest Nigeria and will be located in Osogbo, Osun state.

The Company

PATILAD Poultry Farm will be established as a limited liability company owned by Dayo Adetiloye, Kemi Awe, and other investors.  The farm will be managed and directed by Dayo Adetiloye, a veteran in the Agric industry with 8years experience and Kemi Awe, an experienced Agro-allied specialist with over 15years experience.

Products and Service

PATILAD Poultry Farm will sell Poultry products, including poultry egg, chickens and poultry litter waste.

We also offer Kill–‐Cut–‐Wrap–‐Freeze (KCWF) services (e.g., traditional cuts in paper or cryovac packaging). Our eggs are hygienic, rich in protein and of high quality. We produce, process and package to meet standard organization of Nigeria and international standard

 

The Market

Nigeria as the largest nation in African presently consumes about 1.5 million MT of frozen chicken annually and more than 60% of the chicken consumed in Nigeria is imported.

According to The Poultry Association of Nigeria (PAN), 1.2 million metric tons (MT) of frozen chicken valued at N660 billion was imported into the country in 2014 alone and this was four times higher than what was produced locally, and exceeding the current industry capacity.

Competition

Competitors for PATILAD poultry Farm include Choice Farms, Best Foods Global, Meat World Foods, Chi Farms, Obasanjo Farms

PATILAD poultry Farm will establish its competitive edge through the expertise of its founders.

Financial Considerations

PATILAD poultry Farm seeks N5 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.

Funding for the launch of the business will be 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 N64,363,850 and net income will reach about N5,784,055 in the 1st year of operation.

Specification: Poultry Business Plan

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