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Poultry Farm Business Plan

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हिंदी में पढ़े
Updated: 09-10-2020 07:12:49 AM

Poultry farm is considered to be the fastest growing division of agriculture sector and government has been making generous investments in processing, breeding, rearing and hatching processes to further boost the growth. Around 3 million farmers and 15 million agrarian farmers are working in poultry industry and have helped in the contribution of Rs. 26,000 crore to national income.

To start a poultry business, it is recommended for business owners to create a business plan. Poultry business plan should have detailed information regarding the following:

  • Process of eggs production
  • Process of broiler breeding
  • Equipment to be used
  • Marketing strategies
  • Advertisement techniques
  • Details of business land or space
  • Packaging information and its cost
  • Kinds of birds to be used in business like chicken, turkey, duck, quail, etc.
  • Information regarding layer farming, if applicable
  • Cost analysis or budget of business
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Benefits of Poultry Farm
Funds Required in Starting a Poultry Business
FAQs

Benefits of Poultry Farm

  • Source of income generation
  • Increases employment opportunities
  • Requires small capital to initiate
  • Considered as continuous source of income
  • Requires less water
  • Poultry products provide high nutrition
  • Poultry business reaches no profit no loss in lesser time
  • Two types of food items produced – eggs and meat

Also Read: Most Successful Small Business Ideas for beginners in India

Funds Required in Starting a Poultry Business

The amount of money required to start a small scale poultry farm is generally between Rs. 50,000 to Rs. 1.5 lakh. For a medium scale poultry business, funds required are approximately between Rs. 1.5 lakh to Rs. 3.5 lakh. Large scale poultry farm can be started with an investment close to Rs. 7 lakh. To meet these requirements business owners can opt for business loans from various financial institutions like banks and NBFCs and start their own poultry business. Opting for a business loan is considered to be a wise decision, as it helps business owners in making business investments without utilizing their lifetime savings.

Also Read: Government Business Loan – Schemes, Eligibility, Documents Required

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FAQs

Q. What is poultry farming?

Ans. Poultry farming is all about raising birds for the purpose of selling meat and eggs and creating wealth out of the business.

Q. Can I take business loan to open a poultry farm?

Ans. Yes, you can take business loans from many financial institution to start a poultry business.

Check for – Government Mudra Loan Schemes

Q. How much money do I require to open a poultry farm?

Ans. The money required to open a small scale poultry farm can be close to Rs. 50000 and can exceed up to Rs. 10 lakh for large scale poultry farming.

Q. What are layers?

Ans. Layers are the types of birds only used for producing eggs.

Q. What are broilers in Poultry Farm?

Ans. Broilers are types of birds mainly used for meat production.

Q. Is poultry farming or business better option for first time business owners?

Ans. Yes, poultry farming is one of the convenient businesses to start for first time business owners.

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