Want a poultry farming business plan PDF? Look no further

ultrazone:
Why Nigerian Fish Farmers Fail in Fish Farming.

1. No Market: Bad fish farmers start looking for a market for their fish when the fish are ready for sale. Meanwhile, because they are still feeding, the pond attains its maximum loading and fish stop growing. The longer the fish stay in the pond after they have stopped growing, the smaller the profit margin.

2. Poor Farm Siting: Such as in a place with inadequate water supply, poor soils for pond construction (e.g. may be rocky), far away from markets and/or supplies, etc.

3. Poor farm and facility design: Pond dikes not compacted properly, leak a lot, may be too shallow, and consequently construction and maintenance costs become too high while optimum yields are not achieved. Poor accessibility to ponds, requiring workers to walk across difficult terrain to transfer fish from pond to vehicle or vice-versa.

4. Poor Investment Plan: Several farmers assume that to be a commercial fish farmer one must have several large ponds. Hence, they construct many ponds at once, which constrains their cash flow. Because of this, some farmers take a while to start production or may only afford to start production in one pond after all the investment.

5. Lack of Technical Knowledge: Start production before knowing what management options are available or how to farm fish.

6. Do not employ the right people. Entrepreneurs employ the right people who are qualified for a specific job. Hiring family members who have little or no desire to learn proper fish farming techniques is a liability because most people find it difficult to dismiss them even after it has become apparent that they are the reason for the poor performance of the fish farm.

7. Absentee Owners/Managers: Manage farms by remote control or telephone. No direct involvement in production and management activities of the farm.

8. Irregular and improper feeding: This ranges from complete lack of knowledge about the nutritional requirements and feeding of catfish to attempts at saving money by using cheap feeds. Some farmers just do not feed their fish because they think fish will grow as long as they are in water. They do not realize that like all animals, best performance would be obtained if the fish have a balanced diet and that the feed needs to be palatable, easily digestible and does not disintegrate into the water before the fish can consume it. Fish should be fed with the correct feed of the right quality by a conscientious person who is aware that fish should be fed according to feeding response. Fish may not always feed with the same intensity. They may not want to consume much in bad weather or with a sudden change in temperature; fish may also not eat when they are sick.

9. Fail to Use the Best Person for Feeding: The person feeding fish should be conscientious and keen to observe the fish and know their habits. Feed is not to be dumped into ponds or tanks, but fed according to the fishes feeding response. Feed is expensive (up to 60-70% of operating cost) and only the best laborer can obtain a low feed conversion and lowest cost.

10. Does not understand management regimes: Do not appreciate that different management levels have different requirements which consequently affects stocking rates. Stocking rates are a function of the specific management regime.

11. Focus on few large fish rather than Volume Production: Being more impressed with harvesting the few large fish rather than looking at the overall picture and appreciating total tonnage at harvest. Survival rates and average fish size matter when raising table-fish, because profit margins above operational costs generally range between 10 to 30% depending on one’s market. The net income is therefore largely a function of turnover.

12. Do not keep records and do not assess performance to re-adjust management practices accordingly after each cycle. A farmer is therefore unable to tell whether a profit or loss will have been made. Having money in one’s pocket after a sale does not imply one has made a profit. Records must be kept on all aspects of management to help the farmer evaluate and correct his/her management practices, for improving production and putting together a business plan.

13. Hobby farmers who fail to harvest at the correct time, as though they are taking care of wild-life in a game park.

14. Wrong objectives for investing in aquaculture. Some do it simply because their friends are doing it or because they are targeting ‘free’ funds from donors or government. Nothing in this world is free. Always watch out for the hidden costs before making a final decision. Furthermore, pond or tank construction is costly and is not something one should undertake for the sake of it. Think objectively before you embark on fish farming. Farm fish as a business; as a source of employment and income for yourself and others. Invest in fish farming only if you have studied it and understand the challenges.

15. Expand the farm as a solution to low profit and yields. It is a bad business decision to expand a failing business without first finding out what the causes of the failure are and correcting them.

16. Believe consultants and newspaper reports that indicate fish farming requires little investment and results in huge profits. If it were that easy, everyone would be doing it. And the so-called consultants would be busy making money from growing fish; not from advertising their expensive training programs.

http://catfishfarmingbusiness.com/blog/16farmfailuresreasons/

Fish farming in Nigeria is a profitable venture. No doubt.

ultrazone:
Blogging is one of the most lucrative business ideas in Nigeria

Truly, that's an idea for a small scale business in Nigeria

What business can I do in Nigeria? That's a question many people have continued to ask.

Thanks for sharing on the emerging business opportunities in Nigeria

-wk[';

applerose:
Soap making is a truly lucrative business, easy to start with very little capital.

With as little as N3,000 you can start soap making.

Get details on how to produce and market the following products:

1. Soap (liquid and solid)
2. Antiseptic disinfectant
3. Germicide
4. Stain remover for ceramic tiles and toilet bowl
5. Insecticide
6. Air freshener
7. Petroleum jelly
8. Perfume (Body spray)
9. ...and so much more

Send your request by email to mivepa.empowerments@gmail.com

Would a business plan on soap production PDF interest you?

PMIcon:
Just to share some important but brief points on owning a RETAIL Pharmacy.

What Is Retail Pharmacy?

Well it is a Pharmacy that sells drugs in retails basically. They are of two types: one is hospital Pharmacy and the second is what is called Community Pharmacy. The second one represents the usual pharmacies you see around outside the hospital premises and they are what most people call Pharmacy. That's the one I'm talking about here too.

Okay, now that we understand what this is about, what are the basic steps required to own a Pharmacy in Nigeria?

1. You must either be a Fully Registered Pharmacist or your partner with one. Technically, only a Pharmacist can own a Pharmacy in Nigeria. Non Pharmacists can however deal in Wholesale though you will still need a Superintendent Pharmacist to register the Pharmacy with the Pharmacists Council (PCN)

If you are not a Pharmacist and you are serious (+ you have your money) I can help you get one.

2. Register your company with Corporate Affairs Commission You will need some of the documents here later. One warning I must give you is that the Pharmacist must have like 60% shares in the company otherwise you may not be able to proceed later. Your forms must be clear about who owns the Pharmacy (the Pharmacist) and who is/ are the other Director(s)

60%?! So why border then?/b]

Well you should have done your feasibility studies before investing. What I can tell you is that if you have a good location you ( with your 40%) can make more money in the long run than many other retail businesses. Imagine a single Pharmacy making sales (I didn't say profit) of 1million in just one day. This is not common though; it can only happen with excellent locations and great customer service. What is commoner is 300k-500k/day in moderately good locations. You can attest to the fact that this is not bad sales volume though. It's all about location and management skills. Some Pharmacies close down mostly because of bad location and poor management (they think they don't need expert advice- especially true for pharmacists- and end up wasting their investment)

3. [b] Get a business premises (store)

Great if you have your own store but if not, you need to find a way of tying down the location to go through the process of approval

4. [b] Employ A Superintendent Pharmacist if you are not a Pharmacist [b]

To save yourself from stress, experience tells me you better let your Superintendent Pharmacist be the same as the Pharmacist who is your partner. The payment for this role is however different. In fact, it's in two phases: you will pay for the License to register the Pharmacy with PCN and then the monthly salary based on agreement.

It is the Superintendent Pharmacist that will register the Pharmacy with PCN.

The following are the necessary steps to be taken with the assistance of the Superintendent Pharmacist (SP from now)

a) Location Inspection:
>The SP writes the PCN Registrar through the state office requesting for inspection location.
>Payment is then made to the bank. The SP should find out current charge from your state PCN office.

I will advise you start this process around June or early in December or seek local advice through the SP from the state PCN office (better)
It's not yet a good system they are running at PCN.

b. Collect and fill necessary forms and return them to the PCN office

**The reason I said to start the process in December is that they plan for inspection the following year then so you can be among the first to be inspected in your own area (not always so anyway... lots of politics)
June because it may take 6months or more to complete the process. It can save you paying for License twice before starting real business. This is not full proof. You can't be so sure how fast or slow the process will be as at now. Maybe Buhari's administration will help solve making simple processes in Nigeria so complicated.**

c. Set Up The Premises but DON'T STOCK YET!
Once your location is approved, you may be asked to start setting up the Premises for business. You should be given some requirements- things to put in place like your shelves, fire extinguisher, Pharmacist office, A/C, Poison Box and some books. You may be asked to pay some fees at this stage to collect the requirements. The current client was asked to pay N3,000

d. Apply for Registration of Pharmacy Premises
Your premises will be inspected to see if you met the requirements and you will also be asked to pay for the license and registration.
The SP is the one that is involved in all this. In fact, PCN doesn't want to deal with you if you are not a Pharmacist. You don't even need to be there during all the inspections. Only the SP and the Pharmacist on the Board of Directors (if different) are expected to be seen.
e. Once Registered you should receive a copy of all the documents and then go ahead with stocking and business proper.

But bear in mind that each years registration ends December. If you start too early and the inspection was made, and you commence the next step, you may need to pay for registration of premises twice before commencing real business. But like I said, the process is not so predictable. Prepare for 6-8months.
This also means ( if the SP is not the same as the Pharmacist on BoD) you need to be ready to be paying the Pharmacist some "salary" to "tie her/him down" till the process is completed otherwise the SP may not be available for the inspections.



The short cut to all these is to buy a Pharmacy put on sale when you are ready but it comes with its own challenges too.
I'll stop here for now. I hope this will be of help to someone out there.

Thanks so much for this information on how to start a pharmacy business in Nigeria

qoupokl

Layers Poultry farming in Nigeria is so rewarding. Give it a try today.

Readily available information on how to run a poultry farm in Nigeria.

bizngr:
The growth rate of unemployment in the country poses a great concern which needs to be attended to with the utmost urgency. This is made worse with the accompanying rise in crime and social vices. These sad societal trends, among others, propelled me to write this article as a way of presenting a viable source of income to the teeming population of job seekers. It is a business which I once traded in for years.

Trading in household cosmetics is one of the lucrative business ventures to start in Nigeria. Nigeria is located in the subtropical region and thus receives a great flux of solar energy all year round. This condition requires extra skin care if the population should avoid dermatological diseases from high solar influx thus creating a high demand for cosmetics products such as bathing soaps, body creams, hair cream etc.

Though there are many cosmetics retailers in Nigeria but that shouldn’t stop your dream of starting this kind of business. Remember, it’s not what you do but how you do it and it’s not the numbers of people doing your kind of business that matters, but how well you do yours. The good advantage anyone doing any kind of business in Nigeria has is the population density. Regardless of your kind of business in Nigeria you will always have your own customers and make your profits if your business is done the right way.

Starting any business requires a process and cosmetics business is no exception. Follow me as I unfold to you the secrets of successfully starting and managing a cosmetics business. >>> CLICK HERE

Thanks for sharing tips on how to start and run a cosmetics business in Nigeria. Cheers

JohnNgene:
Everyone, I've decided to combine cosmetics with female wears and intimacy gadgets.

I'm looking for a shop to rent now.

It's nice you decided to combine them. Have you drafted your cosmetics business plan?
We can help.
http://www.businessplannigeria.com.ng/cosmetics-business-plan-nigeria-feasibility-studies/

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qoip[]

Rice cultivation and processing feasibility study and business plan
https://www.businessplannigeria.com.ng/rice-farming-processing-mill-business-plan-nigeria-feasibility-studies/

Business proposal for a rice farm in Nigeria
www.businessplannigeria.com.ng/rice-farming-processing-mill-business-plan-nigeria-feasibility-studies

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Goat farming business manual PDF
http://www.businessplannigeria.com.ng/goat-farming-business-plan-nigeria-feasibility-studies/

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Nigerians love activities (weddings, birthday parties and lots more) too much. That's why this business is very profitable. But setting up an events management business requires a detailed business plan and feasibility studies showing you all the profit projections and marketing strategies to be employed.

Feasibility study and business plans / proposals for palm oil production in Nigeria
http://www.businessplannigeria.com.ng/palm-oil-production-processing-mill-business-plan-feasibility/

Looking for that feasibility study and business plan for an internet cafe and business center here in Nigeria?
http://www.businessplannigeria.com.ng/cyber-cafe-business-plan-nigeria-feasibility-studies/

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Even as millions of Nigerians are feeling the pinch of the recession, Konga says they are expecting a buoyant Black Friday or, as they like to call it, Yakata 2016.

Konga.com, is a name to be reckoned when it concerns E-commerce. Konga strongly believes that it’s marketplace would generate N2.5 billion during it’s Yakata sales scheduled to hold this year.