Contest: Share a small business idea for new entrepreneurs||Poultry Farming (Broiler) Is a Pro opfitable Business

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INTRODUCTION

Hi Steemians! Good to be here to share a profitable business idea that can really generate income for you so as to be be able to meet your daily needs. As per se, no business is easy because for one to succeed in any business, there has to be the willingness to take some risks, do things differently, and then be consistent.

Poultry Farming was once a neglected Agriculture sub-sector because of its undiscovered profit potential and economic benefits that come from the business. Before now, no one knew that livestock farming (Broiler) is a business that it's products are in high demand all over the world.

The need to meet the demands of the world increasing population for a safe, affordable and quality broiler meat production, has brought an opportunity to this Agriculture sub-sector. The widening gap of demand keep increasing on daily basis but the market is still underserved. So looking in the direction of running this business, would be a step in the right direction.

REQUIREMENTS FOR THE BUSINESS

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At least you and I know that before starting out a business, the costs must be put into consideration. The costs in terms of capital, labour and equipments, has to be looked into.

To start running this business, ensure to put the following to put the following in place:

• Capital

• Farm location or site

• Farm Equipments

• Water

THE CAPITAL

Before starting out a business, the issue of capital is one of the basic requirements especially for this business. This is not a business that you would hope to start without having to make your capital ready. So your capital should be readily available.

THE FARM SITE OR BUSINESS LOCATION

Another requirement that has to be in place for this business is the location of the business. The business should be located close to a market in the city. This is to aid you in transportation of your of items like feed and other materials. It would also help your customers to have an easy access to your farm for easy transportation of the chicks to the market.

FARM EQUIPMENTS

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To effectively run this business, you would be needing the following equipments:

• The Feed and feeders and drinkers

• Lighting

• Heating

• Water

• The chicks

MEDICATIONS/TREATMENT

The chicks develop various kinds of sickness and diseases. This makes it important to study the symptoms of sicknesses that they may develop during their growth process. Antibiotics and other necessary drugs should be administered as soon as you discover any symptoms along the line. Vitamin supplement should also be given to them so as to make them healthy and good looking.

FEEDING

The chicks should be fed with a high quality feed to enhance a healthy growth.
Starter feeds should be introduced from their first week to 5 weeks of age. Then finisher should be introduced from 5 to 7 weeks of age. Broilers grow fast so between the 1st week to their 6 week they are have reached marketable size and running to their 7 weeks, they are due selling.

MARKETING

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Before the maturity of the birds, arrangement for buyers of the birds should be made. Reach out and contact whole sale buyers early enough.
Before the 7th week all the birds should have been sold off. Feeding the birds beyond this period means incurring loses.

Benefits Of poultry ( Broiler) Farming

Poultry is a lucrative business that if managed well, could generate a whole lot of financial benefits. The benefits includes the following:

• The business could attract Government attention:

Running this business could attract the attention of government due to various policies made towards the Agriculture sector to boost food sufficiency. Protein been an essential nutrient needed by the body, is supplied by consumption of meat precisely the broiler. Government looks forward to incentivising those having business in this sub-sector.

• Low investment capital
  The business requires low investment capital to start. Friends or family members could help to raise the amount needed to start.

• Little or no entrance barrier.
  Joining this line of business is free with no limitation. Belonging to the association formed by those already in the business, serves as a platform for easy business set up.

• Extra potential Income.
  This business has another side of it that generates income. The bye products could be sold to farmers who use it for manure to improve the growth of their plants.

• This business is scalable:
  Just a little space could be enough to start and
  and manage the business efficiently. More space could be made as the business grows. The more space there is, the more birds it could carry and the more profits could be generated.

Disadvantages/Risks In poultry (broiler) business:

Every business has its associated challenges, risks or Disadvantages. In poultry farming, the risks associated in the business are mostly linked to sickness and diseases. Knowing the symptoms that causes the diseases early, very important. Below are some of the diseases:

• Poultry Farming requires much labor:
  The business is really labour intensive as the birds needs to be taken care of. Cleaning the farm, the feeders and drinkers are a demanding tasks. Sometimes you hire the services of a paid labourer to do the job when you not available to do it.

• Easy outbreak of diseases:
  When symptoms are not noticed on time, the birds could easily be infected and the disease spread. This can cause much death casualties in the farm leading to much loses.

• High cost of feed and vaccines
  The cost of these items are rising on regular basis. This is negatively affecting the profitablity of the business. This cost would be transferred to the buyers and when this done, reduces the quantity of the demand for the produce.

• Adulteration Of feed and vaccines
  The effects adulteration Of these products hinders the growth of the birds as they would not respond to growth and the vaccines would not be effective when administered to the birds. This in effect would increase the cost of production.

CONCLUSION

Notwithstanding the risks associated with this business, its benefits outweighs the risks. It is quite easy to start as it could be even at the back yard.

Taking preventive measures by early discovery and treatment symptoms would reduce casualties in the farm. This would increase profitablity and stand competitive in the business.

Take the bold step, start a business today!