A Business Plan For Goat Farming And A Start Up Procedure

Do you want to start up a Goat farm and have little or no idea about start up procedures? or you to write a goat farming business plan for your goat farming business or for academic work? Search no more! Because this article was design just for you and it is free.This article contain sample for A Business Plan For Goat Farming And A Start Up Procedure, all you need to know about goat farming for profit maximization,its Market analysis ,market strategy,financial forecast and SWOT Analysis-strength,weakness,opportunity and Threat that are expected in goat farming

A Business Plan For Goat Farming And A Start Up Procedure

A Business Plan For Goat Farming And A Start Up Procedure

A Start Up Procedure For Goat Farming

Firstly, lets us consider what are the startup procedures for a goat farm.Before setting up a goat farm one needs to put in place the following for a effective and efficient business:

  • Land for Goat Farming Project
  • Housing And Equipment for the Goat Farming Project
  • Breeding Stock For the Goat Farming Business
  • Breeds of Goats
  • Feed for the Goats
  • Capital for a Commercial Goat Farming Project
  • Management And Labour for a Goat Farm
  • Market
  • Pre-Written Goat Farming Business Plan

we are going to discuss each of them below for easy comprehension

Land for Goat Farming Project

A large enough area must be available for erecting the necessary goat pens. Assessment on the suitability of the plot for goat farming should be conducted. It is advisable to locate the project nearer to good roads as that will help minimize costs. This will also enable the farmer have easy access to and from the goat farming project. There should be a reliable source of clean water that can be used for both human and animal consumption, such as boreholes, rivers and dams. In case of inadequate water source, a reservoir could be constructed. Goats tend to escape from the farm. Thus you have to put a strong fence around your farm to prevent the goats from escaping. Make the fence suitable enough for keeping your goats safe inside, and strong enough for keeping all types of predators or harmful animals outside.

Goats require pasture to graze on. You should divide the pasture into different parts. To avoid over usage of pasture and the growth of less desirable forage, you should rotate the pastures where your goats graze on.This means that you should allow your goats to graze on one pasture while the other pasture is resting. The pasture should have various types of pasture plants or grasses. This will increase the food value and help to meetup all types of necessary nutrient requirements for goats. Your goat farming business plan should take into account the cost of purchasing or renting the land.

Housing And Equipment for the Goat Farming Project

There is need for you to have good housing so that you become successful and profitable in your goat farming business. Goats do not require expensive housing since they are very adaptive animals. The proper housing for goats should have good ventilation and a dry floor. The goats also need protection from the sun and rain, thus you housing should cater for that.  The goat shelter must be well-ventilated, and should be easy to clean. Poor ventilation is bad to the health and performance of your goats. Extreme temperatures can reduce the productivity of goats. Poor ventilation may also lead to circulation of harmful gases which can cause respiratory problems to the goats. 

Good ventilation is required so that the right amount of fresh air is provided to all parts of the shelter, and to maintain the right temperature and the right humidity. The goat pens for your goat farming project can be constructed using clay bricks, wood or concrete blocks. Irrespective of the material you use to construct the goat pens, you should ensure that enough space is available for the goats, plus proper ventilation. The equipment required for your goat farming project include feeders and drinkers for feed and water for the goats. Your goat rearing business plan should outline the costs of housing and equipment needed for your goat farming project. 

Breeding Stock For the Goat Farming Business

To start keeping goats for profit, you require breeding stock. The breeding stock consists of male goats which are known as bucks, and female goats which are known as does. When choosing breeding stock for goat farming business, you should be very careful of the health history of the goats. It’s advisable to purchase the breeding stock from goat farmers who have a good reputation in the goat production business. The goats which you select should be strong with an overall appearance of good health. Request to see the records of the breeding stock which you want to purchase. The growth potential of your kids will depend on the nature and quality of the parent stock. Thus it is of great importance to buy a good goat breeding stock from reliable goat farmers. The goat farming business plan should take into consideration the cost of buying the breeding stock.

Breeds of Goats

There are various breeds of goats which are used for commercial goat farming. The popular breeds for goat meat production include the Boer Breed, Spanish breed, Black Bengal, Kalahari, Rangeland among others. The Boer Goat is a highly productive meat breed and considered a superior breed.  This type of breed is originally from the Eastern Cape in South Africa and it’s more expensive compared to other breeds.  A good Boer buck that is between 6-12 months can service 25 does while a full-grown buck that is 13 months old can service 50 does in a year. The Boer Goat is considered superior because it has a good bone structure, large body size, grows fast, heavy weight and can easily adapt to a wide range of pastures. Some farmers cross breed an superior breed e.g. the Boer Goat with indigenous breeds. This is in order to get the right quality of offspring with good meat quality, resistant to diseases, health and adaptable to various pastures.

Feed for the Goats

Feed is the largest cost of running a goat farming project. The most economical source of nutrients for meat goats are browse and pasture. In some cases, pasture and browse will be sufficient to meet the nutritional requirements required by meat goats. Goats are versatile, inquistive and energetic in their feeding habits. Goats can adapt to different environments.They can consume over 80 different kinds of plants. Goats are browsers by nature, they are not grazers. However, they will also eat grass. A suitable area for the goat farming project should ideally have low bushes. Goats enjoy browse materials like trees, bushes, twigs and leaves.

Even though goats will browse and feed on pasture, you will have to give them supplementary feed for you to be profitable in your goat farming business. Enough pasture might not be available throughout the year due to seasonal changes. To enable goats to grow fast and reach their full growth potential in a short time, you will have to give them supplementary feed.There are various kinds of supplementary feed you can give to your goats including hay (lucernes), grains (e.g. wheat, oats, maize, sorghum, barley etc), commercial goat feed, minerals and salts. The goats also require sufficient water. The goat farming business plan should take into consideration the feed costs.

Capital for a Commercial Goat Farming Project

Starting a goat farming business requires capital. The capital is required for constructing the goat housings, purchasing the breeding stock, purchasing supplementary feeds and other costs associated with running a goat farming business. The amount of capital you need for your goat rearing business will depend on the size of your goat farming project.  Your goat farming business plan should clearly outline the money required to start and operate a goat meat production business.

You can get a loan from the bank, or funding from investors, to use as capital to start your goat farming business. If you plan to raise capital from investors and a loan from the bank, you need a good goat farming business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your business overtime. Goat farming is very profitable, so if you reinvest the profits you get, you can quickly grow. Even if you are not planning to get a loan, you should still get a goat farming business plan to guide you in starting and operating the business. It is essential for you to have a goat farming business plan before you venture into the goat farming business, so that you know all the costs involved and you make an informed decision.

Management And Labour for a Goat Farm

The number of employees you require for your goat farming project will depend on the size of your goat farming project. You will need goat keepers who will be responsible for feeding the goats,  cleaning and disinfecting the goat housings,  and other duties. There may also be need for finance and marketing team, depending on the size of your goat production business. Your goat farming business plan should take into account the salary costs for all the people you are going to employ. 

Market

The market for goat meat is very huge and is ever increasing. The annual global demand of goat meat is 5 million tonnes. That’s a lot! You can supply goat meat to abattoirs, local butcher shops, retailers, hotels, supermarkets, restaurants, wholesalers and individual consumers.  Goat meat has to be sold whilst it’s still fresh, thus you should locate your goat farm close to your market. The goat production business plan ought to include a proper marketing plan to use in your goat business.

Goats can be kept for meat, milk, hair and fiber uses. This article and business plan if for goat meat production. The export market for goats is very huge! As you grow your goat farming business you will be able to export the goat meat to other countries.  The largest importers of goat meat include United Arab Emirates, Indonesia, United States of America, Caribbean, South Korea, Angola,  Taiwan, China, India, Middle East, European Union, Malaysia, Singapore, Brunei.

Pre-Written Goat Farming Business Plan (SEE BELOW)

For an in-depth analysis of the goat farming business, we encourage you to purchase our well-researched and comprehensive goats business plan. We introduced the business plans after discovering that many were venturing into the goat meat production business without enough knowledge and understanding of how to run the goats business, how to keep the goats, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

A Business Plan for Goat Farming will make it easier for you to launch and run your goat meat business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the goat farming business.

A Business Plan for Goat Farming

Business Overview

The agricultural industry of which livestock farming or better still goat farming is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produces food for the populace and raw materials for industries. Because of the significant role the agriculture sector plays, the government of most countries ensures that they go all the way to subsidize seedlings, fertilizers, and farming implements and machinery for farmers and also encourage entrepreneurs to go into various kind of farming including goat farming.

There are several business opportunities available in the agricultural industry and one good thing about the industry is that there is market for all the produce from the industry. Goat farming is of course a thriving and profitable business because usefulness of goat meat and other by products from goats.

People eat goat meat, drink their milk, and use their fur and skin. With goat milk, cheese can be made, along with other dairy products. Some farmers use goats for weeding farmland. Other times, the goats are used to keep grasses and other plants from getting too tall. The diet of the domestic goat includes eating grass, leaves, shrubs, root vegetables, and other kinds of plants.

Goats come in different breeds with each breed having its own unique specifications and uses. Some goat breeds known as ‘dairy goats’ are raised mainly for the milk that they produce while some other breeds can grow very big and fat, hence, they are raised for meat purposes. You must first decide on why you want to raise goats and then select a breed that is most suitable for that purpose. You could also raise both dairy goats and regular goats if you can afford to feed and care for them.

The livestock production industry includes companies that mainly provide support services for raising livestock. Livestock is a term used to describe domestic animals, such as cattle, goats, hogs, horses, poultry and sheep, which have been domestically raised for meat, milk, wool and work. Other services in the livestock production industry include breeding services, pedigree record services and vaccination et al.

The Livestock Farming (Goat Farming) industry is indeed a large industry and pretty much active in countries such as United States of America, Israel, Egypt, China, Germany, Turkey and Nigeria et al. There is no single livestock farming company that has dominate market share in the industry hence smaller goat farming business can successfully make profits.

If you are looking towards leveraging on the agriculture industry to generate huge income, then one of your best bet is to start goat farming business. Goat farming business is all about mass – breeding of goats for the sole aim of making profits. In most cases it is referred to as livestock farming business.

One thing is certain about goat farming business, if you are able to conduct your market research and feasibility studies, you are more likely not going to struggle to sell your goats because there are loads of people out there we eat goat meat, drink goat milk and industries that make use of byproducts   from goats in manufacturing their products.

Over and above there are few barriers to entry into the livestock production industry. Usually, all inputs are readily available. In the nearest future, players in this industry may face the highest costs associated with accessing technology, especially in relation to genetic modification engineering in livestock breeding.

So also, intellectual property rights protecting new inventions and technology may mean that new entrepreneurs coming into the industry will need to pay license fees and this of course will cause increase in the start – up fee for starting a livestock breeding business.

Goat Farming Business Plan – Executive Summary

Billionsview Farms Ltd is a registered and licensed livestock farming company that will be based in the We have done our detailed market research and feasibility studies and we were able to secure a hundred hectares of land to start our livestock breeding business.

Our livestock breeding business is a going to be standard one hence will be involved in commercial breeding of goats and other livestock. We will be involved in boarding services, breeding services, dairy support services, livestock health services, farrier services, and shearing services et al.

In the nearest future, hopefully within the first five years of officially running Billionsview Farms Ltd, we will start our meat processing plant and also start exporting our products to other parts of the world. Which is why aside from the fact that we’ve secured the required farming land for breeding goats in commercial level, we have also hired some key employees who are currently undergoing training so as to be able to fit into the ideal picture of the 21st century livestock breeding workforce that we want to build.

We are in the goat farming business because we want to leverage on the vast opportunities available in the livestock farming industry, to contribute our quota in growing the Nigeria economy, in national food (meat) production, raw materials production for industries, to export agriculture produce from Nigeria to other countries and over and above to make profit.

We have been able to source for the best hands and equipment to run the business. We have put process and strategies in place that will help us employ best practices when it comes to livestock breeding / goat farming processes and meat processing and packaging as required by the regulating bodies in Nigeria.

Billionsview Farms Ltd is a private registered livestock farming company that is owned by Billionsview Farms . The company will be fully and single handedly financed by  – Billionsview Farms Ltd and interested sponsors.

Before starting Billionsview Farms Ltd, Billionsview Farms has makes research on livestock management and consultation from experts,it has also employ animal scientists and health experts in related field .

  • Our Product Offerings

Billionsview Farms Ltd is a licensed livestock farming business that is committed to goat farming and meat processing and packaging for both the Nigeria’s market and the global market. We will also produce related raw materials for industries in commercial quantities. We will also ensure that we operate a standard food processing plant as part of our complimentary business offering.

These are the areas we will concentrate on in our livestock farming business. Based on Demand we will definitely add more related animal breeding services to our list;

  • Boarding services
  • Breeding services
  • Dairy support services
  • Livestock health services
  • Farrier services
  • Sale and export of cotton wool and other dairy products
  • Sale of Cattle and milk (Including goats, sheep, grass – cutters, pigs and rabbits et al)
  • Sale of processed meat (beef) / can – beef (Processed Diary foods, and can beef et al)
  • Shearing services
  • Livestock farming related consultancy and advisory services

Our Vision Statement

Our Vision is to become one of the leading livestock farming brands not just in Nigeria and West Africa but to the whole world.

  • Our Mission Statement

Our mission is to sell our produce (goats), byproducts and processed meat in commercial quantities both locally, nationally and internationally. We want to build a livestock farming business that can favorably compete with other leading livestock farming brands in Africa and the World.

  • Our Business Structure

Billionsview Farms Ltd is a livestock farming company that intend starting small in Nigeria, but hope to grow big in order to compete favorably with leading livestock farms in the industry both in Africa and on a global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. This is why we are committed to only hire the best hands

At Billionsview Farms Ltd, we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the management of the farm. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

Below is the business structure of Billionsview Farms Ltd;

  • Chief Operating Officer
  • General Farm Manager
  • Administrator / Accountant
  • Ranch Manager / Supervisor
  • Sales and Marketing Executive
  • Field Employees
  • Front Desk Officer

Roles and Responsibilities

Chief Operating Officer:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
  • Responsible for providing direction for the business
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

General Farm Manager

  • Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
  • Supervise other section manager
  • Ensure compliance during project executions
  • Providing advice on the management of farming activities across all section
  • Responsible for carrying out risk assessment
  • Using IT systems and software to keep track of people and progress of the growth of crops, fishes, birds and animals
  • Responsible for overseeing the accounting, costing and sale of farm produce after harvest
  • Represent the organization’s interest at various stakeholders meetings
  • Ensures that farming goals desired result are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversee the smooth running of the daily farming activities across the various farming sections.

Administrator / Accountant

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Responsible for financial forecasting and risks analysis.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for the company
  • Serves as internal auditor for the company

Ranch Manager / Supervisor

  • Responsible for managing the commercial breeding of goats and other livestock.
  • Responsible for managing boarding services, breeding services, dairy support services, livestock health services, farrier services, and shearing services et al.
  • Work closely with the General Manager to achieve the organizations’ goals and objectives

Sales and Marketing Officer

  • Identify, prioritize, and reach out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of new business
  • Writing winning proposal documents, negotiate fees and rates in line with company policy
  • Responsible for handling business research, marker surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
  • Develop, execute and evaluate new plans for expanding increase sales
  • Document all customer contact and information
  • Represent the company in strategic meetings
  • Help increase sales and growth for the company

Field Workers / Contract Staff

  • Responsible for feeding goats and other livestock as instructed by the supervisor
  • Responsible for cleaning the cattle ranch
  • Change the water in fish ponds as instructed by the supervisor on a regular basis
  • Handles farm implements and machines as instructed by the section manager / supervisor
  • Assist in handling the breeding of goats
  • Carries out task in line with the stated job description
  • Assist in transport working tools and equipment from the farm and back to the designated store room
  • Handles any other duties as assigned my the line manager

Client Service Executive / Front Desk Officer

  • Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
  • Receives parcels / documents for the company
  • Distribute mails in the organization
  • Handles any other duties as assigned my the line manager

Goat Farming Business Plan – SWOT Analysis

Billionsview Farms Ltd do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis. We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard goat farming business that will favorably compete with leading livestock farms.

As a goat farming business, we look forward to maximizing our strength and opportunities and also to work around our weaknesses and threats. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Billionsview Farms Ltd;

  • Strength:

Our strength as a livestock farming business is the fact that we have healthy relationships with loads of major players (agriculture merchants) in the livestock farming industry; both suppliers and buyers within and outside of the Nigeria.

We have some of the latest livestock farming machines, tools and equipment that will help us breed goats and other livestock in commercial quantities with less stress. Aside from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in livestock farming industry in our payroll.

  • Weakness:

Our weakness could be that we are a new livestock farms in the Nigeria and we may not have the required cash to pump into the publicity of our business. We are aware of this and from our projection will overcome this weakness with time and turn it to a major advantage for the business.

  • Opportunities:

The opportunities that are available to us cannot be quantified, we know that there are loads of homeowners, and industries that will source for goats, goat meat, and milk and also industries that will source for the raw materials from our livestock farms both in the United States of America and other parts of the world.

  • Threat:

Some of the threats and challenges that you are likely going to face when you start your own livestock farm are global economic downturn that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), unfavorable government policies and the arrival of a competitor (a commercial farm that rear same animals) as our livestock farms within same location. There is hardly anything you can do as regards this threats and challenges other than to be optimistic that things will continue to work for your good.

Goat Farming Business Plan – MARKET ANALYSIS

  • Market Trends

One of the common trends in the commercial livestock farming line of business is that most players in the industry are no longer concentrating only on farming a particular species of livestock or just livestock / goat farming alone. They now find it easier to run both livestock farming and crop cultivation. Some even go ahead to include meat processing and packaging business alongside their product offerings; it helps them maximize profits in the agriculture industry.

Despite the fact that commercial goat farming / livestock farming has been in existence since time immemorial, that does not in any way make the industry to be over saturated; commercial goat farmers are exploring new technology to continue to improve goat farming processes and also meat preservation and packaging process. The fact that there is always a ready market for commercial goat farming makes the business ever green.

As a matter of fact, one of the new trends in livestock farming industry is that with the recent advancement in technology livestock farmers can now improve the various breeds of the animals they are breeding. As a matter of fact, it is now easier for livestock farmers to comfortably import the kind of breed of domestic animal they want to breed from any country of their choice and also advancement in technology has made it easier to cross – breed different animal.

  • Our Target Market

Naturally, the target market of those who are the end consumer of livestock farm produce and also those who benefits from the business value chain of the agriculture industry is all encompassing; it is far – reaching.

Every household consumes produce from livestock farms be it goat meat, goat milk, and the skin (leather) used for bags, belts and shoes production et al. So also a large chunk of manufacturing companies depends on livestock farms for some of their raw materials. In essence a goat farmer should be able to sell his or her farm produce to as many people as possible.

 

  • Our Competitive Advantage

It is easier to find entrepreneur flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.

As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming / livestock farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.

Billionsview Farms Ltd is fully aware that there are competitions when it comes to selling livestock and meats all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in Nigeria and in other parts of the world.

We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable livestock farming processes that can help us sell our livestock and processed meat at competitive prices, good network and excellent relationship management.

Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard commercial livestock farms that will be involved in diverse areas such as animal rearing and meat processing and packaging plant. With this, we will be able to take advantage of all the available opportunities within the industry.

Lastly, our employees will be well taken care of, and their welfare package will be amongst the best in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our objectives as a standard commercial livestock farms with a meat processing and packaging plant.

Goat Farming Business Plan – SALES AND MARKETING STRATEGY

We are quite aware that the reason why some commercial livestock farms hardly make good profits is their inability to sell off their livestock to a larger market. In view of that, we decided to set up a standard meat processing and packing plant to help us maximize profits.

Over and above, we have perfected our sale and marketing strategies first by networking with agriculture merchants and companies that rely on raw materials from the livestock farming industry who are likely to refer become our customers.

In summary, Billionsview Farms Ltd will adopt the following strategies in marketing our commercial farm produce;

  • Introduce our business by sending introductory letters alongside our brochure to stake holders in the agriculture industry, companies that rely on the livestock farming industry for their raw materials, hotels and restaurants and agriculture produce merchant et al.
  • Advertise our business and livestock farms in agro – allied and food related magazines and websites
  • List our commercial livestock farms on yellow pages ads (local directories)
  • Attend related agriculture and food expos, seminars, and business fairs et al
  • Leverage on the internet to promote our business
  • Engage in direct marketing
  • Encourage the use of word of mouth marketing (referrals)

Sources of Income

Billionsview Farms Ltd is in the livestock breeding industry for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives. In essence we are not going to rely only on the sale of our livestock to generate income for the business.

Below are the sources we intend exploring to generate income for Billionsview Farms Ltd;

  • Sale and export of cotton wool and other dairy products
  • Sale of Cattle and milk (Including goats, sheep, grass – cutters, pigs and rabbits et al)
  • Sale of processed meat (beef) / can – beef (Processed Diary foods, and can beef et al)
  • Boarding services
  • Breeding services
  • Dairy support services
  • Livestock health services
  • Farrier services
  • Shearing services
  • Livestock farming related consultancy and advisory services

Sales Forecast

From the survey conducted, we were able to discover that the sales generated by a commercial livestock farm depends on the size of the farm, the network of the farm.

We have perfected or sales and marketing strategies and we are set to hit the ground running and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income / profits from the year of operations and build the business from survival to sustainability.

We have been able to critically examine the agriculture industry cum commercial livestock farm business and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some workable assumptions as well with respect to the nature of commercial livestock farm that we run.

Below are the projections that we were able to come up with for the first three years of running Billionsview Farms Ltd;

  • First Year-: N200,000
  • Second Year-: N450,000
  • Third Year-: N700,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies.

  • Our Pricing Strategy

Some of the factors that will help you sell your farm produce at the right price that will guarantee that you make profits is dependent on your strategy while some of the factors are beyond your control.

For example, if the climatic condition is unfavorable and if there are natural disasters in the location where you have your commercial livestock farm, then it will directly affect the prices of your livestock.

Over and above, if you want to get the right pricing for your livestock, then you should ensure that you choose a good location for your commercial livestock farm, choose a good breed that will guarantee steady and multiple breeding (prolific breeds), cut the cost of running your farm to the barest minimum and of course try as much as possible to attract buyers to your farm as against taking your livestock or even your produce to the market to source for buyers; with this, you would have successfully eliminate the cost of transporting the goods to the market and other logistics.

We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for all our agriculture produce is to sell them at competitive prices hence we will do all we can to ensure that the prices of our livestock and processed and packaged beef are going to be what other commercial livestock farmers would look towards beating.

One thing is certain; the nature of commercial livestock farming we are involved in makes it possible for farmers to place prices for their livestock / farm products based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into loss. The easier you sell off your livestock when they are mature the better for your business.

  • Payment Options

The payment policy adopted by Billionsview Farms Ltd is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of Nigeria.

Here are the payment options that Billionsview Farms Ltd will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via online bank transfer
  • Payment via check
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part.

Goat Farming Business Plan – Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business. We intend growing our business which is why we have perfected plans to build our brand via every available means.

We know that it is important to create strategies that will help us boost our brand awareness and to create a corporate identity for our commercial livestock farming business. Below are the platforms we want to leverage on to boost our commercial livestock farm brand and to promote and advertise our business;

  • Place adverts on both print (newspapers and magazines) and electronic media platforms
  • Sponsor relevant community based events / programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, YouTube, Google + et al to promote our business
  • Install our Bill Boards on strategic locations
  • Engage in road show from time to time in targeted neighborhoods
  • Distribute our fliers and handbills in target areas
  • Contact corporate organizations and residence in our target areas by calling them up and informing them of Billionsview Farms Ltd and the farm produce we sell
  • List our commercial livestock farms in local directories / yellow pages
  • Advertise our commercial livestock farms in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.

Goat Farming Business Plan – Financial Projections and Costing

When it comes to calculating the cost of starting a commercial livestock farm, there are some key factors that should serve as a guide. The most important expense is the construction of the cattle ranch / cages / fencing as the case may be.

For example, the start – up cost for a fish farm is different from the start – up cost for mechanized crop farming, so also the start – up cost for poultry farming is different from the start – up cost of cattle ranch (dairy farm) et al. As a matter of fact, if you choose to start a mechanized crop farming, then you should be willing to raise huge capital base to start the business. This is so because some cultivation machines / equipment can be pretty expensive.

Below are some of the basic areas we will spend our start – up capital in setting up our commercial livestock farm;

  • The Total Fee for incorporating the Business (aquaponics commercial farm) in Nigeria – N90,000.
  • The budget for key insurance policies, permits and business license – N100000
  • The amount needed to acquire / lease a farm land – N200,000
  • The amount required for preparing the farm land (for construction of cattle ranch and cages / fencing et al ) –N 700,000
  • The cost for acquiring the required working tools and equipment / machines / fencing et al– N250,000
  • The amount required for purchase of the first set of goats and other livestock – N350,000
  • The Cost of Launching an official Website – N35,000
  • The amount required for payment of workers for a period of 3 months – N500,000
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – N20,000

Going by the report from detailed research and feasibility studies conducted, we will need an average of N2,2450,000 to start a standard commercial livestock farming business in Nigeria.

N/B; The cost above is not constant it can varies base on time and location or other economic activities

Generating Funding / Startup Billionsview Farms Ltd

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as greenhouse commercial farming. No doubt raising start – up capital for a business might not come cheap, but it is a task that an entrepreneur must go through.

These are the areas where we intend sourcing for fund for Billionsview Farms Ltd;

  • Generate part of the start – up capital from personal savings and sale of  stocks
  • Generate part of the start – up capital from investors and sponsors
  • Generate a larger chunk of the startup capital from the bank (loan facility).

GOAT FARMING BUSINESS GROWTH: Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Billionsview Farms Ltd is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (livestock and processed beef) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Billionsview Farms Ltd will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organization’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the management of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List / Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of All form of Insurance for the Business: Completed
  • Leasing of farm land : Completed
  • Conducting Feasibility Studies: Completed
  • Start – up Capital Generation: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Building /construction of cages and fence et al: In Progress
  • Purchase of the needed working tools, machines and equipment: Completed
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Farm land Treatment, Health and Safety Arrangement: In Progress
  • Establishing business relationship with key players in the industry (agriculture farm produce merchants and transporter / haulage): Completed

For more information on business plan of other types of business you can email us billionsview@gmail.com or post a comment below

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