boygeorge:
9 million naira will get me three times your farm size and inputs inclusive. You've got lots of cash to throw away. Thumbs up.

Acidosis:
Budget is too ambiguous..


Salary (N120,000) for how many staff? months/years?

With N3,000,000 budget for farm building, I do not think you need another N20,000 for lights, and another N300,000 for office equipment. Its a farm, not a service based firm.

East is one of the cheapest places to have a borehole... Back in the days, people get boreholes done manually with N30,000-40,000 but that was 6-7 years ago in Delta state. At N500,000, I think that's too outrageous, especially when you already have about N3m for building (which I expect to cover plumbing works).

Vet farm visit? What's that?

Good luck bro, only have to find a way to be more detailed and precise. State the exact costs and have a miscellaneous budget.


You can hire me for a comprehensive business plan (or a financial plan only). You need a professional touch to give you a 3-4 fiscal year plan.

mundus:



Thanks for taking your time to go through it.

I already have a detailed budget, what I put up there is like a summary.

The salary is for one person at N20,000 for a month.

I am yet to get costing the correct costing for the farm building, that amount is an estimate.

The Vet doctor I met said he will charge N5,000 for every visit he makes to the farm. Is that how it's done?


How do I contact you if i need you to do something better for me? Are you a poultry farmer?

Thanks for your time once more.

mundus:
Good day guys!

My friend and I plan setting up a poultry farm in Imo state. We have already secured two plots of land and commenced the building of the farm structure. We plan to start with 2,000 birds; 1,800 pullets and 200 browlers.

We came up with the budget below and I would love the pros here to kindly look at it and tell us what we are not getting right. This will be the first time I am going into Poultry farming and I wouldn't want to make mistakes.

Farm Building 3,000,000
Battery Cage 1,650,000
Crates and cages 27,000
Feeders and drinkers 420,000
Borehole 500,000
1800 pullets 450,000
200 browlers 36,000
Vet Farm visit 20,000
Vaccination 200,000
Feeding till point of lay. 2,328,400
Salary 120,000
Lights 20,000
Generator 200,000
Office Equipments 300,000
Miscellenous expensis 100,000


Total 9,371,400


Basically, we are hoping this would be all we will need to spend until the proceeds from the farm begin to sustain itself.

what other areas should be look out for?

mundus:
Good day guys!

My friend and I plan setting up a poultry farm in Imo state. We have already secured two plots of land and commenced the building of the farm structure. We plan to start with 2,000 birds; 1,800 pullets and 200 browlers.

We came up with the budget below and I would love the pros here to kindly look at it and tell us what we are not getting right. This will be the first time I am going into Poultry farming and I wouldn't want to make mistakes.

Farm Building 3,000,000
Battery Cage 1,650,000
Crates and cages 27,000
Feeders and drinkers 420,000
Borehole 500,000
1800 pullets 450,000
200 browlers 36,000
Vet Farm visit 20,000
Vaccination 200,000
Feeding till point of lay. 2,328,400
Salary 120,000
Lights 20,000
Generator 200,000
Office Equipments 300,000
Miscellenous expensis 100,000


Total 9,371,400


Basically, we are hoping this would be all we will need to spend until the proceeds from the farm begin to sustain itself.

what other areas should be look out for?

mundus:
Good day guys!

My friend and I plan setting up a poultry farm in Imo state. We have already secured two plots of land and commenced the building of the farm structure. We plan to start with 2,000 birds; 1,800 pullets and 200 browlers.

We came up with the budget below and I would love the pros here to kindly look at it and tell us what we are not getting right. This will be the first time I am going into Poultry farming and I wouldn't want to make mistakes.

Farm Building 3,000,000
Battery Cage 1,650,000
Crates and cages 27,000
Feeders and drinkers 420,000
Borehole 500,000
1800 pullets 450,000
200 browlers 36,000
Vet Farm visit 20,000
Vaccination 200,000
Feeding till point of lay. 2,328,400
Salary 120,000
Lights 20,000
Generator 200,000
Office Equipments 300,000
Miscellenous expensis 100,000


Total 9,371,400


Basically, we are hoping this would be all we will need to spend until the proceeds from the farm begin to sustain itself.

what other areas should be look out for?

Acidosis:


Okay, since you have a comprehensive plan, all that is required is a review of what has been done.

Beyond a budget (which I think you have done), you need a detailed financial plan and that should cover at least 2 to 3 fiscal years. That way, you can determine profitability and also have a profit and loss forecast.

You need to know how much you will pay your staff, you need to know how much you'll pay your vet, how much you will spend on electricity, etc in 1 fiscal year ('a point of lay'). How many visits will your vet make in one year? How much can you realize in 1 year on 200 browlers after deducting expense? How much will be left if you pay your staff (N20,000x12 months); Vet (N5000x12 months); etc?

These are some of the queries you should know before you put that amount on a business.

Meanwhile, I can be contacted via PM.. I do market research, business plans and I render general research survey services.

Rzq4:

I'm from the West. with that amount at your disposal you should be about to raise nothing less than 4k layers and 500 broilers if managed well. Get a well experienced and trusted farmer to guide you. there are many ways of breaking down the cost. or you can contact me on WhatsApp:07067114951. will share you my experience

mundus:
I have not seen your PM