What Should You Do Before Starting a Poultry Business

[Mika]

Poultry is one of the most profitable businesses. There is a huge demand for poultry products, you can start generating profits in less than 50 days, and even when half of your birds die due to diseases like bird flu, you will still be on profitable side. However, this does not mean everyone would be benefitting from the poultry business. Before venturing into poultry business, conduct thorough market research to understand demand and supply conditions. If there's high demand and limited supply, your poultry business is poised for success. Conversely, if there's oversupply and insufficient demand, consider exploring other business options.

 

[Activator230822]

For me l had thought of starting that business in my locality. By that time when l was thinking that, the business was not very popular as it is now. However, for the reason of the lack of capital and the business finances, l was unable.
Most people have jumped into the business and they are making a killing for the same.
The poultry business is however something that is in me and l should look for another location as soon as l will be ready for the start for it.

 

[Etini]

Poultry is one of the most profitable businesses. There is a huge demand for poultry products, you can start generating profits in less than 50 days, and even when half of your birds die due to diseases like bird flu, you will still be on profitable side. However, this does not mean everyone would be benefitting from the poultry business. Before venturing into poultry business, conduct thorough market research to understand demand and supply conditions. If there's high demand and limited supply, your poultry business is poised for success. Conversely, if there's oversupply and insufficient demand, consider exploring other business options.

I want to correct you on the one error you made. The higher your mortality rate in poultry business, the closer you are at risk of running a total loss. In poultry, we don't accept mortality rate of more than 6%. Anything higher than that, you may be running a loss venture.

Coming back to the topic, before you step your foot into poultry, you need to understand that there are different value chains in the poultry industry. You can run a hatchery, a brooding section or a grow out. The choice on which value chain you would enter depends on your skills and operational goals.

 

[Mikes smithen]

Establishing a poultry business is a good business idea and it can obviously be lucrative if only an individual have in check the various factors that affects the establishment of a poultry business. In most areas of west Africa poultry farms are established here and there and most of them are in good working condition and that is because owners of this poultry farm have taken into consideration various factors that affects the lucrativeity and profitability of poultry businesses. Two of the most important Factor to consider its location that is where you are going to cite your poultry farm and the other Factor is having sufficient capital to generally manage the poultry farm.