A Complete Business Plan for Piggery Business in Nigeria

Thinkers Resource Limited is proud to bring you the exclusive and much sought after quality complete business plan for Piggery business... 

We have included an excerpt below for your perusal...

To purchase the complete business plan for a token of N10,000, Please send a mail to dadyielsaniamos@yahoo.com or call (234) 7061096793.

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CHAPTER ONE

1.0       Executive summary

The following report and recommendation relate to the proposal by DADYIEL AMOS to establish a pig farm for meat production.

The proposed project will be fully implemented with an investment of N1,300,000 made up of N290,000 as fixed capital and N1,010,000 as working capital.

The proposed project will be located in PLATEAU STATE due to the nature of the pig breed and the temperature, because pig are allergic to heat, and for the fact that there is enough and close by market for projects and pork meat. The temperature in Plateau state is around 25 to 28⁰c which research has proved that, rearing pigs is good in temperate region because of their inherent fatious nature.

One key success factor shall be our exclusively high quality control techniques, high managerial and technical skills and the sophistication of our marketing strategy. Our revenue base will be from sale of piglets and mature pigs for meat, and the manure. The financial projections reveal a good level of liquidity and stability. The projected turn over for year 1, year 2, and year 3 are        N2,500,000, N5,000,000 and N7,500,000. Operating (net) profit in year 1 is N3,091,000 increasing to N6,341,000 in year 2 and year 3 is N10,927,000.

The vision of this farm is to provide top quality meat for healthy living of people all over the world and to be a leading producer of pork farm meat.

The competitive edge of BAMAIYI PIG FARM is the wonderful managerial skills the far possesses and the discount structure, and quality customer care culture that will appeal to our highly esteemed clients.

The profitability indicators as extracted from the projected embodied in this plan are as

follows:

	YEAR 1	YEAR 2	YEAR 3
Turn over (N)	2,500,000	5,000,000	7,500,000
Net profit	3,091,000	6,341,000	10,927,000
% Return on sale	30%	63%	100%
% Return on investment	45%	120%	350%
% Return on equity	313%	567%	900%

From the point of view of the analysis our findings, the proposed project is found to be technically feasible; financially viable and economically desirable. The project offers good investment benefits. We therefore highly recommend it for implementation.

1.0       INTRODUCTION

This plan purports to examine the importance of pig farming. The role of pig farming cannot be over emphasized; pigs can be raised in a Controlled or free environment, in a small or large scale business. But in whatever size, a prospective farmer would need input as to how to raise pigs. Efficiently and in more productive manner – No branch of live stock farming gives better results than rising of well – bred Swine, when conducted with a reasonable amount. The pig is one of the important animals to rise in the farm either for meat or for profit, and no farm is amplest unless some pigs are kept to aid the modern method of farming, that means pigs are having positive external effect on farm land.

Till date, in Nigeria the pig farming has not be taken with vigorous intend, the farmers in the east and the north, west are still to come to the reality and importance of pig farming. The pig require less lab our, less capital, less equipment and makes greater gains than any other farm animal, and money invested more quickly than any other farm animal .

Pig feeders can be obtained from stock breeders, and producers, in question and classified into different categories some are well suited for a specific environment indoors or outdoors. Crossbred pigs tend to gross faster consume food more efficiently and are vigorous when buying a feeder, choose the large and healthy looking ones at least 25Ibs, If you are choosing a male, which is observed to grow slightly faster than females, get one that is already castrated. Male or Female they must be preferably Immunized ask the breeder for health information and stock of the breeder. Pigs need housing to keep them warns during cold temperatures and to shelter them from excessive heat. Pigs are sensitive to heat and could die of heat stress when housed indoors, temperature condition must be well regulated, and Controlled temperature condition can help to maximize growth. Cooking mechanism for pigs can come in from of drift water system or wallow (for a hog pen).

A major concern about pig farming is that, most farmers do it in a local way, and the pig farming is for commercial purpose but not in large scale production.

And another concern is the sanitary aspect, Sanitation is important to keep the pigs disease free. A mechanism for easy cleaning and removal of waste is necessary for any type of pig housing some like scoffed pen floors to make waste collection easy.

The ignorant of knowing that pigs are suppose to be sold out between 5 to 7 months and after then they can lost their weight which a nor vice farmer cannot understand, and their by reducing his revenue. To same extend we can say the pigs have demising marginal utility when it comes to their weight. (The more the grow, their weight increases, but get to a point when their weight began to decrease). Some farmers are of the opine that pig farming is growth enhancing both to private individual and the canary us a whole.

 1.1    VISION AND MISSION   

Mission Statement: to ensure effective and efficient production and distribution of meat at affordable prices.

1.2          MISION STATEMENT                                                                                                     To provide top quality meat for healthy living of people all over the world.  My business is production and scales of pork and life pigs. I plan to establish a company that will produce those pigs in commercial quantity and sale to my numerous customers. We want to feed Nigeria with healthy meat and export to other countries we will ensure we sale the highest number of pigs for pork in Nigeria and increase production every year in other to satisfy our customers.

The most important thing in my business is hygiene and best practices in animal production, Pig farmers, pig butchers wholesalers retailers, abattoirs, meat processing companies, food packaging companies are my target customers. My business is positioned to take advantage of growth trends in the country. My most important company strengths are measurement of life pigs weight, processing and packaging of pork, none of my products are exposed for contamination and best possible hygienic measures are taken. My company will succeed, because we produce the most important bask need that is protein in from of animal meat, and our products are consumed daily by majority of Nigeria except for most Islamic sates. Due to the fact that the available meets are not enough and are not of the best hygienic standard, we will provide quality meat and make profit.

With the experience, Skills, and strengths of Management, team and workers to be employed, we will ensure that to business grow to become a house hold name in Nigeria and world Class Company.

  1.3        OBJECTIVES

>To improve marketing and promotional strategies through research (To Increase Marketers)

>To create good customer care services so as to find out the best tastes and preferences of  people / customers – This will help provide better services and products.

>To ensure profit maximization since to business is profit oriented. This is possible through   annual performance management reviews and constant research, so as to enhance the growth of the business.

>To provide employment opportunities and bring products nearer to the market.