How To Start A Poultry Farm Business
Poultry farming is one of the fastest-growing agriculture sectors in the country. It is typically broken up into multiple parts such as processing, breeding, rearing, and hatching. The government has been making tremendous investments to help bolster the growth of the sector in India. For anyone seriously interested in setting up a Poultry Farm Business it is essential to come up with a business plan for the same. KisaanMitrr, one of India’s leading agriculture consulting companies can help with you the same.
Poultry Farm Business Plan – Steps Needed
Poultry Farming Sector
Most individuals looking to start the poultry business need clarity into which sector they want to start. As mentioned before broiler business is broken up into multiple sectors such as chicken breeding, broiler production, meat processing, egg production, poultry feed etc. Each sector of the business has its own pros and cons which we will get into later. You can consider the local market conditions before making up your mind about which sector you would like to enter. You can also outsource your market research to an agriculture consulting company.
Bird Selection For Poultry Farming
Depending on the sector you want to enter you will have to buy the specific type of bird for your farm. Broilers are typically used for their meat while layers are used for their egg production. You can also make the choice between, turkey, chicken, duck, quail etc. Chicken is the most popular type of poultry farming bird and the two terms, poultry farming and chicken farming are mostly interchangeable.
Location For Chicken Farm
Your business plan for poultry farming needs to take into account your location. While most businesses are located further away from city centres the logistical costs need to be taken into account. Your business location only needs to take into account the local market and their appetite for your product.
Investment For Farming
The investment you require to begin poultry farming on a small scale is typically less than 1 lakh. With a good poultry farm business plan you can get a loan to start your business. You will need investment for the birds, the location, the feed, salary for worker wages and similar overheads. If you feel overwhelmed, you can reach out to a farm consulting company for support and assistance.
Market: Another crucial part of starting a poultry farm business is finding the right market for your product. In most cases, your market will be in the local vicinity to help you sell your product quickly at a good rate with minimum expenses. You can also tie-up with large retailers and other business, restaurants to become their permanent supplier.
Advantages Of Chicken Farming Business
- Steady Income: Poultry Farming once established provides a steady source of income to the farmer. The market rate for both chicken and eggs are good and can be improved with the help of marketing your products in the right manner.
- Low Capital Requirement: Poultry farming does not have to be capital intensive. You can start small as per your requirement and risk appetite and grow as you get the hang of the business.
- You can get your return on investment fairly quickly from poultry farming.
- Water requirement in poultry farming is low as compared to other farming types so you can set up a chicken farm in most places without worry. You will only need water for the birds and cleaning purpose.
- Chicken droppings are rich in nitrogen and other organic material. It can also be sold to fertilizer companies or local farmers to help in their crop production.
Conclusion
You can get a lot of help setting up your poultry farm by getting in touch with an agriculture consulting company like KisaanMitrr. We are India’s leading farm consulting company and we look forward to helping you achieve your goal of setting us a poultry farm Get in touch with us today!