Profitable Goat Farming Business Startup Guide

Profitable Goat Farming Business Startup Guide

Profitable Goat Farming Business Startup Guide for Goat Farmers. This is a free article on Profitable Goat Farming Business Startup Guide. Furthermore, this free article covers several areas like;Goat Profitability, Nigeria Goat Meat Diet, Advocacy For Goat Farming, Grazing Land For Goat Farming Business, Goat Farming Business Plans And Feasibility Study, How To Start Goat Farming Business, Buy A Buck & Some Does, Breed Your Does, Some Essential Tips & Cautions For Starting Goat Farming Business, Profit Margin In Goat Farming, Getting Funds For Starting Goat Farming and Others.

Profitable Goat Farming Business Startup Guide

More On Profitable Goat Farming Business Startup Guide

Goat Farming is One major form of animal farming that has not been adequately tapped. Especially by Nigerian farmers and agro investors. Similarly, goat meat has been rated high in nutrition globally. Its and very important alternative to beef meat. Coupled with the fact that it has lower cholesterol in comparison with beef. Goat meat is generally acceptable and consumed worldwide as a major table delight. Nevertheless, Nigerian investors and farmers are yet to adequately tap into this venture and reap the abundant profit therein.

Goat Profitability

Goat farming is unarguably a vast investment opportunity for any serious entrepreneur to make huge returns of profits on investment. This is assured because goat meat has a very high demand than any other animal meat such as beef,chicken which have high concentrates of animal fats. An intensive investment in goat farming can also produce goat milk that is currently demanded for the production of cheese, butter, ice cream and yoghurt.

Nigeria Goat Meat Diet

Also, in Nigeria, only a few supermarkets can boast of having goat meat for sale while beef and chicken are abundantly available. The demand is absolutely high. More so, the meat could be used for all kinds of delicacies ranging from Stew, Soup, Pepper Soup, Suya, the popular Isi-Ewu, etc. These various forms of consumption have made its demand very high. It may interest us to know that in view of the afore mentioned high demand, about 60% of goats meant for consumption in Nigeria is imported form Niger Republic, 30% is realized from goat farms in the North while as little as 10% is realized from isolated goat farms across other parts of Nigeria.

Advocacy For Goat Farming

Therefore, given the current campaign and advocacy for direct increase in Agriculture, goat farming is a sure way for increased productivity and boost in the employment generation drive of the nation.

It may also interest us to know that goat farming has a capacity to increase the revenue base of a nation as it has proven in some countries to be the major source of family income, where families produce averagely per family about 500 to 700 goats annually. The cumulative results of this is that the families as goat farmers produce beyond the consumption capacities of such nations. When this happens, there is enough for export which thereby result in foreign exchange earnings.

Grazing Land For Goat Farming Business

With the availability of grazing land in Nigeria,we can have goat farming investors that could produce more than the local market demand in Nigeria. That would be a direct foreign exchange earning. This means there is a huge untapped market potential for goat farming. Why wait when this opportunity is there? Why choosing to be unemployed when you can earn much from goat farming. YES YOU CAN ! Invest in goat farming now and reap high profits.

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Goat Farming Business Plans And Feasibility Study

Firstly, Goat Farming Business plans and Feasibility Study is a must for all Farmers. When we fail to plan, we just plan to fail. Planing Your Goat farming Business well gives you a target and a vision to pursue. write one for yourself or engage a professional to write one for you.

 

Profitable Goat Farming Business Startup Guide

Do You Need A Business Plan And A Feasibility Study To Raise Fund For Your Business?

We can carry out research and develop MBA grade business plan that you can present to a bank or any investor. Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

Likewise, in Agribusiness; either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit

See What Our Business Plans And Feasibility Study Reports Has For You

Intuitively, Our Business Plans and Feasibility Study Report has a unique content. Take a look at it. Finally, be rest assured that we give you what you want if you place an order. Furthermore, For easy understand of your idea, Contact us either by call or an email request.  “You Will Be Glad You Did”.

How To Start Goat Farming Business

For establishing a successful goat farming business follow the step by step guide. Here we are describing all about the process of how to start goat farming business.

Select Suitable Breeds

Before starting goat farming business, decide which goat products do you want to produce. You can produce meat, milk, fiber or skin from goats. Consider your local market, where you can sell your products easily. Then select perfect breed for your business.

Get Training On Profitable Goat Farming Business Startup Guide

Is there any livestock rearing training center in your nearest area. If yes, try to contact with them and complete a training on goat farming. It is very necessary for successfully running goat farming business. By a training on goat farming you will gain practical knowledge about goat and their rearing methods. You will be able do some basic and essential goat caring tasks like goat diseases, performing goat health check, breeds of each variety of goats, required space in their house, feeding, health management, caring kids, caring pregnant goats etc. In accordance with training, try to read a lots of books on goat rearing.

Buy Necessary Things & Equipment

You need some equipment for your goats, like water pot, feeding basket, medicines etc. Before bringing your goat to your farm make all necessary equipment ready  The necessary things for starting goat farming business are money, goats, fencing, housing, separate barn for both does and bucks, silage pit, bet, suitable market and possible customers.

Make a House

Goats hardly stay inside the house. But you must have to build a house for keeping them safe and free from predators. A house also give them shelter in winter season and rainy days. Goats can adopt themselves with almost all types of environment. If you want to keep them in a small pole bran, they will happily stay there.

You can also keep them with your other livestock animals. But keep in mind that, for commercial production special house is a must with all modern facilities available. Try to make a south facing house for your goats. Goat can’t tolerate heavy cold and rain water. Never let the snow and rain water enter inside the house. A draft free building will help to keep your goat warm enormously.  Furthermore, Make sure there are sufficient flow of fresh air and sunlight inside the house. Make proper drainage facility inside the house, so that you can clean the house easily.

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Make a Pasture

It would be better if you can make a pasture for your goats. It will decrease your farms food cost and keep your goats healthy. You can easily make a pasture by fencing you land with wire or net. Before making pasture meet with a producer who has a great knowledge in this business and making pasture before

It would be better if you can make a pasture for your goats. It will decrease your farms food cost and keep your goats healthy. You can easily make a pasture by fencing you land with wire or net. Before making pasture meet with a producer who has a great knowledge in this business and making pasture before

Buy A Buck & Some Does

Always try to buy good quality, diseases free and healthy goats. High production is directly related to high quality and diseases free healthy goats. If possible, take help from an experienced producer for purchasing goats. Buy one buck and several does.

Breed Your Does

Always be very careful about the care and management of your does. During their mating period when they go into heat, keep them in a buck’s room for some days. Keep them with buck until their mating. On an average the gestation period of a doe is between 145 to 155 days.Always be very careful about the care and management of your does. During their mating period when they go into heat, keep them in a buck’s room for some days. Keep them with buck until their mating. On an average the gestation period of a doe is between 145 to 155 days.

Take Care of Bucks

Take some extra care of the bucks which will be used for breeding purposes. Provide them high quality food enriched with all types of nutrition ingredients.

Provide Fresh Food

Always give your goats fresh and healthy food. Providing fresh food not only increase your production but also keep the goats healthy, productive and diseases free. Also serve them sufficient fresh and clean water regularly.

Determine the Market

I have already said that, before starting goat farming business make sure there is a market available near your farm. Where you can easily sell and buy your necessary products. And finally sell your products in the market.

Calculation

Calculate your total income by selling the products and total expenditure of your farm. In first year your total income may be less than or equal to your total expenditure  After that you will definitely get high production and profit from your business.

Some Essential Tips & Cautions For Starting Goat Farming Business

If you follow all this steps about “how to start goat farming business” then you will defiantly get highest production for your business.

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Profit Margin In Goat Farming

It has already been established that there is a wide profit margin in goat farming. I want to state that one can start small ,but this business has a limitless capacity of expansion. Assuming one starts this business at a small scale of about 420 goats , a matured goat for harvest for sale is sold at about N15, 000.

If you produce 400 goats at N15,000 ( assuming you lost 20 goats to mortality) you would realize N6,000,000. That is , 420 minus 20. This leaves us with 400 goats. Then, multiply 400 by N15,000. Assuming you incure as high as N1,000,000 as costs of purchasing kid goats ,feeding and medication, you would have made a profit of N5,000,000. That means after about 2 years of establishing this business , your money making venture is sure and guaranteed. N5,000,000 annually puts you at a monthly salary of about N400,000.

This is indeed a business with high profit on return. It is also less time consuming and you can engage in other businesses while doing goat farming.

Thinking of starting a goat farm?

If Yes ! Take the step to start. This is the right time. Let your farm take off in January. Prepare for it now. It is simple and stress free. At your request, we can help you prepare a feasibility report and business plan to properly take off. Why feasibility report? This will enable you to know the A to Z about Goat Farming, approach a Micro Finance Bank or Agric Development Bank in case you need a loan which would not be much. A business plan would also act as a working guide on stages of this business.

Getting Funds For Starting Goat Farming

Oftentimes, Getting Funds For business startups is a little bit challenging. Likewise, getting someone to invest in your business ideas is a little tasking. Even when someone is ready to invest in us, we don’t known the technical know how to write an irresistible business plans and feasibility study report to win them over. This is why we must know the steps to write a winning business plans and a feasibility study reports. Click here to learn more

Writing Your Own Proposals On Business Plans And Feasibility Study Report For Loan Or Grant

There are more to it that meets the eyes. Below is a free video, Watch for free and subscribe. Its good to understand the distinct difference between business plans and  feasibility study. This will guide you when you write one.

DIFFERENCE BETWEEN FEASIBILITY STUDY AND BUSINESS PLANS

Contact Us Today On +2348036925718, Let’s Help You Prepare An Irresistible Business Plan And A Feasibility Study Report

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