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EXECUTIVE SUMMARY

Poultry Farming Business Plan Sample / Feasibility Studies
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Most emerging poultry farmers will have to make use of loans or grants when starting their business. In order to access these, you will need to write a business plan and submit it to your prospective financier or grant officer.

A poultry farming business plan is a basic outline of what your farm is all about. It must serve as an action plan and guideline for you to use on a daily basis. The essence of it is to act as a roadmap to your desired destination. Be practical when writing it. There are several key elements to be discussed in a business plan for poultry farming. They are as follows:.

Write a summary of what your poultry farm is all about. What will you be producing on the farm and why is it going to work? Your executive summary is an introduction to the rest of your business plan — keep it short and mention the strong points of your plan.

This section should answer the question of what you want to achieve in terms of income, turnover, profits and percentages—some achievable thing. It is important to be clear and realistic about your goals. Make them achievable and set your mind to achieving them. Make sure this summary is in line with your mission and goals. By answering this question you will force yourself to be specific about what your business will be doing and how you will be doing it.

Write it in less than words. This is the most important section of your poultry production business plan. Investors and grant officers will analyze and examine your financial info. Be specific about how much money you will need to get started, where you will spend the funds, how long it will take to start becoming profitable, how big your potential egg or meat market is and what your running costs will be.

The key is to show a potential investor that you will be able to make a financial success of your poultry farm and be profitable. The Poultry Farm Marketing Plan. How are you going to sell your eggs, broilers or spent layers and how are people going to hear about it? How will you promote your products? What marketing channels will you use? Be as creative as possible when looking at various marketing channels.

Your introduction sets the tone for writing your poultry farming business plan and should clearly state the reasons why you are starting this line of agribusiness. Whenever a poultry business plan is being written, it is meant to satisfy or serve two major reasons.

First, it is to serve as a clear blueprint for your poultry business. What it means in essence is that it will continue serving as a guide to help you implement all the plans contained in this business during the duration of the broiler or chicken egg production venture. Also, the poultry farming business plan is a basic requirement for applying for funding or loans from investors.

This sample poultry farm project proposal is required to measure how sound and viable the business idea is. The contents of your poultry business plan will determine if you eventually access these loans. Writing your business plan will require proper research and dedication. When writing your poultry business plan, you should not rush the process. As the name implies, this section summarizes the contents of your poultry farming business.

This section should be concise and straightforward and should not contain ambiguous words or phrases. This normally comes at the end of the plan to offer a better perspective to the reader. There should always be supporting documents to back up claims made in the executive summary of a poultry farming business plan. These documents should be included in the supporting documents section. These would typically consist of estimates provided by suppliers, marketing results as well as purchase orders.

A critical part of this section is to clearly present ways of repayment of loans and interest to the investor. This will largely determine if you win the loan request or not.

This section of the business plan covers details of your poultry business. Before getting into the details, a summary usually one page long should be provided here.

This section of the poultry farming business plan has several sub-sections that each expand on various aspects of the business. Selecting a suitable legal structure for your poultry business is necessary. Thus you need to provide reasons why you chose a particular legal structure. This should be backed by documentations relating to any of the chosen business structures in the supporting documents section of a sample business plan for poultry farm.

Any structure you choose should have a defined profit sharing method as well as clear responsibilities relating to financial losses relating to you in terms of sole proprietorship or between partners under partnership agreements. Change is constant in poultry business, therefore you may decide to change your legal structure in future. If you have such plans for your poultry farm business, it should have a timeline as well as provide reasons for such changes.

You will need to clearly give details about your chicken farm and provide reasons why you established the poultry business, how much is need to fully run the business, where the farm will be located, your target market, as well as any other relevant information regarding your poultry farming business. A poultry egg farming business plan will be described differently from a broiler production plan.

In this case, these are your birds and any other related services you may choose to offer. It is necessary to have a defined source of supply for your chicks.

If you will be starting a hatchery for your birds, you should state it. If not, you should have more than one supplier for you chicks as well as other required equipment for your poultry.

Will your poultry business be providing additional services like consultancy services or any other? If yes, clearly state them. You should also make mention of any services you plan to introduce much later during the business. Your choice of location for your poultry farming business should be clearly stated. Accompanying documents such as a lease agreement should be attached to the supporting documents section. You have to state if the location is ideal for poultry farming and if there is space enough for expansion plans in future.

Starting a poultry farming requires that you have a clear on selecting your workers. You should state certain qualities you would be looking out for, as well as providing a job description for every employee. This also comes along with a wage bill. How much will you be paying your employees? Are there any benefits? If there are plans for increasing the number of your workforce, this should be stated as well.

This is critical to the success of your poultry business as it consists of everyone who will be involved in running the business especially marketing and managing poultry diseases. Details of all those involved in running the farming business especially those at the management level should be given. Their qualifications should also be stated as well as their capabilities and how these benefit the business should be given. This is applicable to any agribusiness structure selected. How well you manage this aspect of your poultry farming business will determine to a large extent how successful you become and whether you get are able to get access to loans.

You should decide if your book keeping will be handled internally or externally. If you have an accountant for this role within your layer or broiler poultry farm, it should also be stated. This subsection has to do with every detail regarding applying for an insurance covering for your egg or breeder poultry farm. It is necessary to state the areas covered by insurance in your business. There are several types of insurance which are applicable to a variety of agriculture related businesses.

You need to state the type of insurance covering available for your business. The level of security you provide can save your poultry farming business from any losses that may arise due to carelessness from employees or outright dishonesty.

This has proven to be a major problem for the failure of similar businesses. There are certain vital information for your poultry business which are meant for management level staff only. Allowing these to fall into the wrong hands can be quite dangerous. Hence these information will need to be properly managed, and if disposed, should be done properly.

The marketing plan is very vital to the success of the business. Here you need to have a target market for your poultry business. The central focus of the marketing plan should include knowing those who are in need of your poultry products, if there are services to be added to your poultry farming business, who are these services targeted at? Also, how will these people find out information about your products and services?

The marketing section has other subsections which include;. To identify your target market, you need to conduct a research of the poultry market. Your findings should be provided here as well as the demographic spread of your customers. When identifying your target market, you should be able to obtain believable and reasonable projections on the size of your target market. The steps used in reaching your conclusions should be included.

There are several types of competition in the poultry industry. This consists of both direct and indirect competition. Direct competition involves other poultry businesses offering similar products as yours to the same target market. Although indirect competition offers the same poultry products and services as yours, it has a different target market from yours.

Analyzing each of these types of competition is necessary for proper market entry. Having an effective distribution chain is important to how profitable a poultry business is. You need to be able to state how your poultry products will be transported or delivered to your clients. There are several channels for distribution. You may either decide to sell these directly to clients or have distributors who do so on behalf of the business.

Distribution will include transportation costs which you will need to determine who takes up these costs. This requires an efficient system where you need to supply these products at the right time and ensure your customers do not need to experience a break or delay in supply.

This sub-section under marketing requires the right message to be passed to your target market. Before choosing your methods of advertising, you need to study the market to analyze current advertisement methods through which you will need to choose only the most effective which would be best for your poultry farming business.

Before starting your poultry farming business, you should be able to determine the highest cost a customer is willing to pay for your poultry products and services. This depends on the value of your services.

This should be extended to what is provided by your competitors as well as the generally acceptable product quality. This requires you to be able to adjust your pricing to fit perfectly between the lowest price that allows for profitability as well as the highest price customers are willing to pay. By eventually striking a balance, you will have set an acceptable pricing structure for your poultry business. This is essential for poultry egg and meat business growth and attracting customer patronage.

Your poultry products should be packaged in such a way that improves its value. One of the easiest ways to attract patronage is proper packaging. A critical factor to take into consideration when starting a poultry farming business is to choose or wait for the proper time to launch.

This requires having an understanding of customer behaviour. To gain knowledge on this, you will need to study or research the general customer behaviour of the poultry market.

Marketing has a lot to do with location. However this may or may not apply for a poultry business. The location selected should be such that supports this type of poultry business. Hence you may want to search around for similar businesses as well as knowing how they have fared and if they are being run well.

This in a way is similar to proper timing for market entry as you will need to have a good understanding of market dynamics in poultry farming. Certain times may be more profitable than others.

You need to factor this into your marketing plan as well as developing effective strategies to surmount any challenges that may arise. There are several financial records which are needed to prepare your business plan on poultry farming. These documents would normally consist of actual as well as estimated financial statements. The financial documents section should consist of the following;.

This enables you to have a clear understanding of all financial requirements for your poultry farm. Also if you are applying for loans from investors, this subsection enables them scan through your needs in order to disclose exactly how much is required for setting up a poultry farm.

This explains why the loans are being applied and what these monies will be spent on. When writing a uses of funds statement, it is necessary to commit yourself to doing a good job. You should be able to have a comprehensive list of necessities the loans will be spent on. There should be a supporting data to back up your claims as well. The reason for having a sample poultry farm budget in place is to enable your business strike a balance between capital inflows as well as outflows.

But how will you know how much a new poultry business makes? In this situation, you will have to work with estimates or projections. A cash flow statement will have to consider how much cash is expected, when it is expected to be received, the percentage of such money to be used for expenses as well as when cash is needed to be spent on payment of debts and bills. A three year income projection is mostly used by farming businesses to provide an income an deductible expenses projection.

This section handles everything to do with records that are relevant to a sample business plan for poultry farm. Therefore regarding equipment that will be required for your poultry farm, the investor will have to be presented with available lease contracts or purchasing agreements entered into with suppliers among several other similar proofs. Wherever supporting documents are listed within a business plan for poultry farming , this is where they would be attached. Hence it will be necessary that you have comprehensive list of these documents arranged in such a way that the reader or investor is able to easily compare to verify the claims made.

So what are these documents you need to include anyway? These consist of the following;. Based on the business structure you choose for your poultry farming business, you will have to present resumes that the management staff. For instance if you are running a sole proprietorship business, you need to attach your resume to the supporting documents section of your business plan. The same applies for partnerships. The resumes of each partner will need to be attached. The procedure for corporations follows the same process.

The contents of your resume are expected to include your educational background which should include the list of schools attended as well as dates area of specialization, and degrees earned. It is important that personal skills should be included in the resume. The most common of these includes organizational skills among several. Your work history should include your previous employers as well as time spent in your previous organizations.

Relevant professional affiliations and honours should also be included in the resume. This is needed to have a net-worth estimation. All assets as well as liabilities should be carefully listed as well. The personal financial statement includes basics such as the credit reports that that looks into your personal as well as business credit ratings. These documents are of utmost importance to the success of a poultry farm.

Setting up a poultry farm will involve several legal documentations such as insurance covers, the legal structure of the poultry farming business, that is the articles of incorporation, partnership agreements entered into as well as those of properties.

Miscellaneous documentations have to do with the inclusion of any other relevant documents apart from those stated above. Other documents may include maps, as well as other records relating to your purchase or choice of a particular location. It is necessary to note that not all of these documents will accompany all copies of your business plan you are required to have several copies.

Only the most relevant of these documents should be included in these copies. While you may not need to attach every document in all copies of your poultry business plan, it is important to have these ready at all times as the investor will likely request for more perspective and understanding. The Scrivener is an active member of the Silver City Chamber of Commerce and regularly attends networking opportunities. The Scrivener will be joining the Society of Technical Communication in the third quarter of Referrals from the Small Business Development Center from an important source of clients.

Please see the Service Fees list included in the Appendices. Prices are evaluated in March, June, October, and December of each year. The Scrivener offers the following service discounts:. Industry standard pricing is too expensive for this region, therefore The Scrivener has evolved a reduced pricing structure as compared to the rest of the industry. The profit margin varies with the rate charged.

Nineteen ninety-four was our first year in operation. In addition to the "standard" development of a start-up business, there were additional problems. These incidents account for the sometimes negative growth of a viable growing business.

Existing computer systems also proved unable to handle the volume and quality of work necessary to succeed. The Scrivener as of June has a ratio of 1. The Scrivener as of June has a ratio of 0.

Return on Net Working Capital: The Scrivener as of June has a ratio of 6. Bad Checks are sent to the Silver County Attorney's office.

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Nov 12,  · Reader Approved How to Write a Business Plan. Four Parts: Doing Your Homework Structuring Your Business Writing the Business Plan Sample Business Plans Community Q&A Creating a business plan will help you achieve your entrepreneurial goals. A clear and compelling business plan provides you with a . The primary value of your business plan will be to create a written outline that evaluates all aspects of the economic viability of your business venture including a description and analysis of your business prospects.

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Finding a great job starts with writing a great resume, one that speaks to your personal and professional strengths. Learn how to write a resume that stands out and makes employers take notice. - You have a product or a service, you have your first customer, now you need a plan for how you're going to make money. A business plan is a formal statement defining your business goals, the reasons you think they can be achieved, and how you're going to achieve them. There are several different types of business plans, the .