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Is it wise to start a poultry business with borrowings?
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[QUOTE="Kingsley, post: 190685, member: 30278"] I have been considering having a large scale poultry farm of close to about ten thousand birds, and looking at the financial implications, I realize I can handle that project all by myself due to the financial constraint. We all know what the situation of the country is at the moment. Every is struggling to be able to put food on the table regardless of the quality or even quantity of the food. People engage in several forms of trade just to survive. So with that at the back of mind, I just want to start something that will get me out of the atmosphere of struggling. I have consider alot of other business that will generate something and that will stand the test of time but it seems poultry business is not all that seasonal because people will always require even the waste produce of the beds we call droppings, and the eggs will always suffice when we are not in the festive period. But the challenge for me right now is raising the required fund as this is the major challenge of somany business oriented people in Nigeria. So I am seriously considering borrowings but the challenge now is that as we all know business is full of risk, will it be wise if I borrow?. [/QUOTE]
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