Goat Rearing Details
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Goat Rearing Project
|Returns on Investment||10.00|
|Duration of Farm||9 months|
|Address||City Valley, Apapa, Lagos. Nigeria|
Goat farming is gaining popularity in Nigeria every day. The meat is alleged to be the best kind of animal meat for the following reasons: it tastes good, and traditionally has a lower fat content than chicken does, and a higher protein content than beef does.
|Projected Cash Flow Statement Document||View Document|
|Projected Income Statement for the Business Document||View Document|
|Historical Financial Statement Document||View Document|
Business Plan for the proposed Farm Project
Goat is a multi-use animal which is commonly reared for its meat . In many parts of the world, goat is raised for the meat, milk, wool and leather. As per the data source of Department of livestock services, Fiscal year 2073/74, there are 10,986,114 goats in Nigeria that accounts for45.3% of the national ruminant population and the population has increased by 3.52% per-annum. Similarly 65,583 metric tons of goat meat is produced which is 20% of the total meat produced in our country which ranks second after buffalo meat. Also, it has share of 12% intotal livestock GDP Objectives: -To generate income and employment opportunity. -To make easy access of quality Goat meat to the people of this area. -To make this farm a good breeding center through which the farmers can get improved breeds of kids. -To become a site of observation to the young entrepreneurs and the farmers as well as students.
Market Conditions for the Project
Commercial goat farm is exploring new technology to continue goat farming process and also meat preservation and packaging process. The fact that there is always a ready market for commercial goat farming makes the business evergreen. As a matter of fact one of the new trends in livestock farming industry is that with the recent advancement in technology livestock farm can now improve the various breeds of the animals they are breeding. It is now easier for livestock farm to comfortably import the kind of breed of domestic animal they want to breed from many country of their choice and also advancement in technology has made it easier to cross-breed different animal.
Market Opportunities for the Project
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. Sold to the large chunk of manufacturing companies depends on livestock Farms for some of their raw materials. In essence a goat Farm should be able to sell his or her Farm produce to as many people as possible.
Market Strategies for the Project
We will ensure that we position our business to attract consumers of agriculture produce not just in the of Area alone but also or her parts of the Nigeria and close African countries which is why we will be exporting some of our Farm produce either in raw form or processed form to other countries. 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
It is easier to find entrepreneur flocking towards an industry that is known to generate consistent income which is why there are more commercial Farms in the Area and of course in most parts of the Nigeria
Operational Risks for the Project
Predator and robbery problem: Dogs and some other wild animals are the major predators of goats.
Market problem: No easy access to market information on price, volume traded, market context of live goat/meat to farmers and traders
Project Exit Strategy
In case of a problem, we have made arrangement to sell off our equipment and pay our investors.
Ashwa Enterprise Ltd
Ashwa Enterprise Ltd Overview
We are working hard to become the leading producer of livestock in Nigeria and it environs.
|Date of Incorporation||Sep 16, 2020|
|Size of Company||20|