- Layers(Egg production)
- Broilers(Meat Production).
- broiler farming
- Most of the feeds raw materials (maize, soya beans and some other stuffs) can actually be planted in large quantity, harvested and store to take care of their feeding for the next 5years, even to buy a whole maize gran is cheaper than buying a whole mix feeds for layers.
- Buying Already mix feed from Feed mill can be too expensive and can lead to loss in the business.
- Good Housing: This is very important and it will go a long way to determine the success of your business venture, you must take it with all seriousness. I recommend Battery Cage system for Layers and Deep Litter system for Broilers, these as been proven to give the best and excellent farming experience.
- Feeding: This can be said to be as important as the blood that flows through the vain of a man, when you lack blood, you die! Feeding is the blood that fuels Poutry Farming Business, the birds must not be lacking good effective feed and feeding, you must derive continually excellent feeding system to help them deliver accurate and effective best produce, you can employ the service of a livestock nutritionist or expert in the field(I recommend an expert with years of experience).
- Location: This is very important, you must choose a rural area for your business, or a place where there are no people living, so that the smell from your farm will not be causing a nuisance to the community, this is very important and must be watched out for, when you cause nuisance to a residential area, you can be sure your business is at stake, besides; poultry birds don’t like noisy environment so rural location that are not yet occupied always seems to be the best!
- Marketing: This is important, though there is a huge and ever increasing market demand for poultry farming produce in Nigeria, yet you must go out there to network with brands and develop your own strategy of selling your products, the internet seems like a way-to-go in a technology and digital marketing world today, you can choose to create a website for your farm and list products available for sales on it while you run adverts for it and gain the attention of your potential customer coming in.
- Medication: Health is wealth, the health of the birds must be secure, now i would to make it known that, birds’ health blossom when their feeding is in place, their health is greatly dependent on their feeding, so feeding them well will also give a good health. However, there are instances when certain supplements are needful and they can only be communicated in drugs, vaccines, like antibiotics and stuffs like that, the attention of a specialist/expert will be needed.
- Finance: Not just capital alone, you must have both the starting fund and the running fund, if your business must do well, Poultry requires a lot of money, especially when you are starting out for a long term business budget and a commercial scale, you consider stuffs like; Land, The Building/Housing Fees and stuffs like that are to be put into consideration.
- Knowledge: This is a major requirement, i do tell people when they come for consultancy, that in poultry business, you just don’t need words, you need practical knowledge, so if you really want to do get your business going, you need to probably go and learn from a farm that is doing well in Poultry Farming, experiential knowledge is very important for exploit in Poultry Business.
- Feasibility Studies: This is a major requirement, feasibility studies, helps you to know where and how to start, where and how to sell and market your product, the risk involve in the business and how to reduce it and even many more, every average business person knows that feasibility studies is not something to joke with, you must have a lot of information at hand as regard the business industry, you are going into, this will be the determinant of your success at the end of your business year.
- Transportation: When your Poultry business begins to experience expansion, you will have to begin to put factors like transportation into place, For instance, when you begin to have farms in various states and you have capacity for good production level, then you have to make provisions for transportation of eggs from your farm to other places, also things like having your farm situated in Rural area also calls for transportation into urban where the marketing takes place, you might have demands to deliver to eateries, hotels, industries and even your own shop, like an egg store, transportation must be put in place.
- The God-factor: This is yet an important success booster, i am a Christians and i believe in dealing Business with prayers and faith, there as been instances when disasters and diseases like Bird-flu and co, hit certain farms and brought about massive loss, some farmers even got sick and were hospitalize, the truth is “When there is a man to pray”, there is a God to answer, so it is wisdom to take everything to the lord in Prayers.