Pig Farming is a lucrative and most potential source for meat production and pigs are more efficient feed converters after the broiler.
Pig farming for meat production is one of the best and profitable business ideas for people. There are several highly meat producing pig breeds available .
Reasons Why You Should Invest in Pig Farming .
a) Pigs have low mortality rate compared to other animals. They are more rugged and easier to raise. They can also survive days without food or water.
b) Pigs are also cheaper to raise compared to fishes or poultry because they can eat most foods that humans eat and even if you have to buy feed for them, their feeds are cheaper than those of other animals. If you do not have money for fancy pig feed, you can always make do with stuff you can find around you or food wastes from your kitchen. This is totally impossible with fishes.
c) Also, you wouldn’t have to worry about people stealing your pigs because most people would not touch live pigs with a 6-feet pole.
d) The immune system of pigs is higher than other animals. As long as you give them the needed vaccines regularly, they would not fall sick. The same cannot be said for chickens which could be wiped out in one fell swoop by a disease outbreak.
e) Pigs also generate more profit and if you ever get tired of pig farming, you could easily dive into real estate, using your pig farm as your first construction site.
We have already prepared Bankable Pig farming business plan for sale for limited copies.
Check out the table of content and Executive Summary.
TABLE OF CONTENTS
- Executive Summary
- Key Success factors
- Inherent risks
- Business ownership
- Location factors
- Available market
- products description
- Market demand
- Projected annual demand of porkers
- Demand supply gap of porkers
- Market Analysis
- Customers/market segregation
- Marketing plan
- Promotional strategy
- Marketing strategy
- Market positioning
- Projected sales
- Technical Analysis
- Schedule of operation
- Management and organization
- External support
- Values and norms of the company
- Legal issues
- Risk analysis
- SWOT analysis
- Exit strategy
- Other considerations and conclusion
- Economic justification
- Commercial viability
10 Company financials
10.1 Summary of project cost
10.2 Fixed capital investment
10.4 Other Expenses
10.5 Working capital forecast
10.6 Total investment outlay
10.7 Financial plan
10.8 Loan repayment schedule
10.10 Profit and loss account
10.11 Cash flow projection
11.0 Financial analysis
The project will require a start-up capital of N2,876,000, made up of N2,170,000 for fixed assets and N706,000 for working capital.
The enterprise‘s vision is to be the most outstanding producer of lean pork meat in Owerri, Imo State, Nigeria. The project will be located at Owerri because of its access to target market from that location.]
A huge market is available for the business to serve.
The financial projections show that the project would be financially stable and liquid by the time it matures. The sales figure stand at N1, 780,000, and N5,874,000 and N6,461,000 for year 1, year 2, and year 3 respectively. The cash flow position is equally good and encouraging by the second year through the third year.
The competitive edge of the enterprise lies in its ability to produce pork meat of exceptional lean meat quality, which is got by crossing large whit and Hampshire pigs.
The profitability measures are shown below:
|Year 1||Year 2||Year 3|
|Profit Before Int & Tax||779000||2490000||29940000|
|Profit After Tax||853000||2096000||2650000|
|Return on sales||N/A||36.04%||41.43%|
|Return on Equity||N/A||101.45%||99.40%|
|Return on Investment||N/A||72.88%||92.14%|
From the point of view of the analysis of our findings, the proposed project is found to be technically feasible, financially viable, and economically desirable. Thus, the project offers good investment benefits, and is therefore highly recommended for implementation.
Interested in getting the full Bankable Pig Business Plan a discount rate of N10,000 for the First 10 persons that order, after that the price goes up at the rate of N15,000.
Call/Whatsapp : +2347030695627