A chicken farming business can easily be described as one of the most profitable in the poultry industry today, if it’s managed correctly. And it only requires 21 days for a lay of one egg to hatch. Technically this translates to a layer rather being able to produce a second layer half the time. So, if you’re using 500 healthy California white meat chickens they can produce 12,500 chicks in just over three days.
But of course chickens aren’t the only poultry on which you could base your poultry farming business plan. You might also want to look into starting a duck farming business or a fish farm as well. The benefits of having your own farm are endless and you will find that every single moment of your life is an adventure to enjoy. So before you know it you’ll be the farmer that everyone wants to be!
Now how exactly do you go about starting a poultry farming business plan? I suggest starting with an excellent resource such as “Poultry Farming 101”, this guide will take you through everything from laying hens to harvesting chickens and duck. Once you’ve got laid hens, you’ll be ready for the next step – harvesting chickens. After you’ve got them, you can move on to harvesting duck and/or geese. This way you will have everything that you need to get started and you won’t feel the pressure of having to make a decision over which business to start first.
Now that you’ve got your business plans all set up, I’d like to talk to you about why so many people don’t think they can succeed. It’s really simple but it often goes overlooked – you need much capital to start a chicken farming business plan. A common misconception is that you only need a couple of hundred dollars to start a business. This is way too much capital and many people will give up on the idea before they even begin. A very important factor when working with so much capital is that you always have the option of borrowing additional capital should things not go as planned. It’s really important to always have some money in reserve.
One last tip that I’m going to give you in order to help you with your chicken farming business plan is to include an updated sales forecast for your eggs/chickens. You need to show potential investors that your business has the potential to profit as the demand for eggs increase. You should also include sales forecasts for both broilers and chicks as well. By including a sales forecast along with your business plan, you will instantly become more marketable. In fact, many people will look at you as a leader rather than a chicken farmer if you include a current sales forecast along with your non-organic agricultural farming business plan.
Last but certainly not least, a strong marketing plan is a must in order to be taken seriously by your competitors. Many farmers struggle with this aspect of their business because they’re so used to selling eggs, feed and chickens to local consumers. However, in today’s highly competitive world, marketing your non-organic agricultural farm produce needs to be done on a national level in order to succeed. Don’t sell everything in your area to your local consumers. Instead, target people across the country who are looking for locally grown food. Your chicken farming business plan will help you achieve your goals.