Goats farming along with sheep farming play an important role in Indian economy by providing employment to unemployed young educated. There is an amazing demand for goat meat in the market. One can earn instant and sharp income in a very short time period. Must check the following point before starting goat farming business in India.
Check here Also More articles:. Yes, the government subsidy is available there for starting this project. The figures vary with project figures. Since they are the best source for your business plan. This following project report is prepared on the following assumption. Here below are some figure of this project report which helps you some more. Here below is a table that can help you that how much you are going to earn from this business plan every year or how big your business can?
Here below are some figure of this project report which helps you some more to learn about the profit margin of goat farming business. Here below are some figure of this project report which helps you some more that is goat farming business is profitable or not?
However, we had tried to run with the lowest market value. Friends, all the figures use in goat farming project reports are assumptions and are base on the avg.
This project report does not say that you are going to earn Rs. Have a happy Goat Farming Business. Your email address will not be published.
Leave a Reply Cancel reply Your email address will not be published. Goat Breed. Any suitable Goat Breed. Rearing System. Kidding interval. Maturity age. No of kidding per year. Kidding rate. Death rate in kids. Space required per head for Does. Space required per head for Buck. Space required per head for kid.
Cost of construction. Cost of green fodder growing. Cost of equipment. Concentrate feed required for Bucks for two months. Concentrate feed require for Adult does per kidding.To browse Academia. Skip to main content. Log In Sign Up.
Ayuba Umar. Promotion: The strategy for the production is direct persuasive communication to buyers and all users of goat meat. Management: The business is managed by the owner and some employees.
Principal Product: Goat meat Fattened Goats 5. Financial Plan: i.
Equity: N 1, ii. Loan: N 5, iii. Total N 5, 7. Tel: 4. Goats will be kept under Semi-Intensive system for three 3 to four 4 months, where they will be fatten until they attain good condition for disposal to the market. Office: No. We will also sale to wholesalers, retailers and for family consumption as demanded.
But on the average each fatten goat will be sale for a minimum of Twenty Thousand N20, Naira. We will contact Major hoteliers, Restaurants, and supermarkets of our services and promotions through our fliers and visitations. The Semi-Intensive system will be used till they attain required size.
The goats will be tag and numbered for easy identification. The goats are fattened by putting them on a special diet of high concentrates and low roughage with restricted movement. Farm office N50, Equipment store N50, Well N20, Wheel barrow 3 N5, Rakes 5 N3,A suitable and effective business plan is a must for starting any business.
Make a clear and up to date plan before investing your money in this market. You can start goat farming business with a very small investment.
But in the result you will get more profits than any other livestock farming projects. High profit within a very short time, little investment, huge global demand are the main reasons of spreading this business rapidly throughout the world.
Goat Farming Project Report: Set up Cost & Profit Margin
By visiting some farms and producers you will get some clear idea about the pros and corns of this business. This will help you running your business perfectly. Go to your nearest market and try to understand which goat products have a high demand in the market.
Try to produce those products which you can sell easily in your local area and in the market. Otherwise you will lose money instead of being benefited. And your goats are producing milk highly.
But there are a little or no goat milk consumer in your local market. Then what will you do with your production? So, always keep in mind this factor and try to produce those products which you can sell easily in your local market.
If you have a good facility of marketing your products internationally then you can produce any product from your farm. Commercial goat farming needs suitable house for profitable production.
You should make such a house which can provide all types of facilities for your goats. Good house keeps the goat healthy and free from diseases.
This directly increases the production. So, before starting consider how comfortable house can you make for your goats. Investment in housing is fixed. And you can use one house for several years. Goats are ruminants. They eat almost all types of crop, corn and leaves. In this system your goat will get food from natural sources and it also reduce your food cost.
In case of raising goats by providing them home made supplementary feed be sure that all feed elements are easily available in your local market. Also ensure sufficient supply of clean and fresh water. Sometimes your goats may suffer by various diseases. If possible stock some necessary vaccines and medicines in your farm.
And always vaccinate your goats timely. There are many factors related to this business. Before starting goat farming business, ask some questions to yourself.
Before starting goat farming business plan consider your budget and some other factor related to this business. How much capital do you have? How many facility can you provide to your goats with this capital?Have you ever imagine a business which can be handled by a single person having its multiple yields? I am talking about Goat Farming which could be handled by a single person and it also has multiple fields.
Goat farming is the business of milk production along with the meat of goat, hair production which can be used for the various purpose of clothing material, the farm manure which the best fertility with compare to the manure of other animals.
In India, goat farming provides lots of profit to those unemployed youth, young people including the smaller farmers, which do not have much money to start their own business. Since goat farming does not require more investment and labor to start this business. There is definitely profit in this business, but how much profit may depend on the farmer and the hybrid which he has used for goat farming also the implement follow him. Usually, make Some people in the rural areas keep their Goats and follow them in a traditional way for less but regular income, which makes them profitable, but could not get much more profit because of lack of good knowledge on goat farming.
Goat farming commercially needs care lots of small things, like the vaccination, cleaning, proper arrangement of clean water for goats, proper arrangement for feeding food, selection of early breed etc. There is a lot of demands of meat of goat in the foreign country also.
So there is not a single loss in the goat farming. There are so many benefits of goat farming, which include the following. There is no need of your business to marketing it because of its high demand, customers look for you to buy the product.
To start any type of business, there must be strategy plant for it. If you do not any strategy, then there is more loss than the income because must have the knowledge of its costing, feeding investment, their losses and benefits and how to make big money from that. So start goat farming with a well-thought plan.
The learner can contact nearby Agricultural department and colleges who offer research on goat farming. There are four beneficial species of goat, with one can start goat farming and earn money in short time with low investment.
Your benefits will depend on following factors. Firstly, you have decided what, you want to start a business of goat farming? Whatever do you want?Are you considering starting a Goat Farming Business? This is a practical guide that will walk you step by step through all the essentials of starting your business.
The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply. If you are thinking about going into business, it is imperative that you watch this video first!
This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
The first and most important thing you need to acquire in order to succeed in a small business is This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.
Conclusion: if you are really serious about succeeding in a business If you want to avoid the common traps and mistakes That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate it. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success? Don't make the same mistake!
My name is Meir. I'm the founder and president of BizMove. I'm also the author of numerous books, mostly in the area of small business management.
I've been involved in small business for the past 31 years of my life, as a business coach, manager of a Goat Farming firm, a seminar leader and as the owner of five successful businesses.
During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of. You see, I have been there How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.
A detailed manual that will walk you step by step through all the essential phases of starting your business. A complete business plan template. Good management is the key to success and good management starts with setting goals.
Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years.
Beside each goal and sub-goal place a specific date showing when it is to be achieved. Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time. Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing.
This is what is meant by "measurable" goals. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.Sheep and poultry farm.
Livestock guardian dog. More profit with triplets Bringing lambs home. Crossbred triplets. Working sheep. Sheep farm in Virginia.
Goat Farming Business Plan For Beginners
Lambs at sale barn. Dairy sheep. Snowed in. Most states and counties have numerous public agencies that can assist agricultural producers with business planning: Small Business Development Center, Farm Service Agency, and Cooperative Extension.
Many county governments now have someone in the Economic Development Office that specializes in agriculture enterprises. In addition to completing your business plan online, you can view examples of business plans and share your plan with advisors.
Purdue University has an online business planner called INVenture. It uses a question and answer format to help you write a business plan. If you prefer to develop a business plan on paper, you can download business planning worksheets from the University of Maryland Rural Enterprise Development Center.
There are numerous other web resources for business planning. Key factors affecting profitability Profitability is income minus expenses. In the short run, expenses can be limited to operating costs. In the long run, a successful business has to cover all its fixed costs. In agriculture, fixed costs are often called the "dirt-5": depreciation, interest, repairs, taxes, and insurance. While many factors affect profitability of a sheep enterprise, the three key factors are feed costs, percent lamb crop, and market prices.
Feed costs Feed costs, especially the cost of feeding the ewe flock, comprise the majority of costs in a sheep enterprise. It is not common for feed costs to comprise more than 70 percent of annual operating costs. Feed costs vary considerably geographically, from farm-to-farm, and from year to year. There are numerous strategies for reducing feed costs.
No single feeding program is guaranteed to be more profitable. Percent lamb crop Percent lamb crop is defined as the number of quality lambs marketed or retained for breeding per ewe exposed for breeding.Are you about starting a goat farm? Okay, so we have considered all the requirements for starting a goat farming business.
If you are looking to start a goat farm, then you may want to consider it because of the following reasons. Are you considering going into goat farming business? You really should because of the following facts; Goat meat is in high demand. People love goat meat especially in Africa. Goats also have other uses apart from consumption of the meat. The skin of goats is a very good source of leather which can be used to make bags, shoes and other leather materials.
Goat milk is also very nutritious and good for consumption. It is also used in the cosmetic industry to make body creams. Goat offal is also used in the pharmaceutical industry.
Goats are cheaper and easier to feed, making you spend very little on feeding them. Goats can feed on grass and other cheap food items. You could also manage them quite easily as they require very minimal supervision.
Goat droppings are also a very good source of manure for people interested in buying organic manure. Lastly, you can raise goats on very little capital compared to chicken or poultry farming. Goat farming is very easy and also very profitable but it is important to get enough information before you delve into this business to avoid mistakes and losses.
This is a very quick guide on how to start goat farming. The agricultural industry of which livestock farming or better still goat farming is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produces food for the populace and raw materials for industries.
Because of the significant role the agriculture sector plays, the government of most countries ensures that they go all the way to subsidize seedlings, fertilizers, and farming implements and machinery for farmers and also encourage entrepreneurs to go into various kind of farming including goat farming.
Starting Goat Farming Business Plan (PDF)
There are several business opportunities available in the agricultural industry and one good thing about the industry is that there is market for all the produce from the industry. Goat farming is of course a thriving and profitable business because usefulness of goat meat and other by products from goats. People eat goat meat, drink their milk, and use their fur and skin.
With goat milk, cheese can be made, along with other dairy products. Some farmers use goats for weeding farmland. Other times, the goats are used to keep grasses and other plants from getting too tall. The diet of the domestic goat includes eating grass, leaves, shrubs, root vegetables, and other kinds of plants.