Pig Farming for meat production is one of the best and profitable business ideas. Looking for the agribusiness idea to venture, this is the right one.

Pig farming is the most potential source for meat production and pigs are more efficient feed converters after the broilers.

Knowing the right breeds to raise is very paramount. The Exotic breeds give you a quick return on investment. Exotic breeds consume about 20 % more food than local breeds, the heaviest can weigh up to 300kg, compared to 100kg, the maximum weight for local breeds. A pig can produce 24 to 30 piglets every year.

The global consumption of pork has increased over the years

For instance, Nigeria consumes about 8.5 million MT of Pork. There is a growing number of middlemen consumers demand more meat in key markets worldwide. There is a huge market demand for pig products.

Pig farming can serve as a major income earner and provides employment opportunities for anyone who needs to improve their standard of living.

REASONS WHY YOU SHOULD INVEST IN PIG FARMING

Pigs are cheaper to raise compared to fishes because they can eat most foods that man eats and their feeds are cheaper than those of other animals.
Pigs have low mortality rate. They are more rugged and easier to raise.
Pigs yield higher proportion of edible meat and smaller proportion of bones when compared to cattle, sheep, or goat.
The immune systems of pigs is higher than other animals. As long as you ensure your pigs are vaccinated regularly they won’t fall sick.

One of the required tool to run a lucrative and successful pig farming business is to have a well-developed PIG BUSINESS PLAN.

Business Plan is so much IMPORTANT!

A Pig Farming business plan is a written statement of your business goals, the process of attaining them . It Is a decision making tool representing all aspects of a business , finance marketing operations and human operations.

This Sample Pig Business Plan can used to source for funds from banks, venture capitalist and Individuals.

Indeed , You need a Road Map to where your Pig Farming business is going.

Before embarking on pig farming business , you need to figure out how the business will operate in terms of ownership, capitalization, production, marketing and targeted customers.

Below is a brief description of the Pig Farming Business Plan

IFY PIGGERY BUSINESS PLAN

TABLE OF CONTENTS

Executive Summary
Introduction
Vision
Mission
Key Success factors
Inherent risks
Business ownership
Location factors
Available market
Products
products description
Costing
Market demand
Projected annual demand of porkers
Demand supply gap of porkers
Market Analysis
Customers/market segregation
Marketing plan
Promotional strategy
Marketing strategy
Market positioning
Projected sales
Technical Analysis
Schedule of operation
Management and organization
Owner/manager
External support
Values and norms of the company
Legal issues
environment
Social
Regulatory
Risk analysis
SWOT analysis
Exit strategy
Other considerations and conclusion
Economic justification
Commercial viability
conclusion

10 Company financials

10.1 Summary of project cost

10.2 Fixed capital investment

10.3 Utilities

10.4 Other Expenses

10.5 Working capital forecast

10.6 Total investment outlay

10.7 Financial plan

10.8 Loan repayment schedule

10.9 Depreciation

10.10 Profit and loss account

10.11 Cash flow projection

11.0 Financial analysiS

1.0 EXECUTIVE SUMMARY

The project will require a start-up capital of N2,876,000, made up of N2,170,000 for fixed assets and N706,000 for working capital.

The enterprise‘s vision is to be the most outstanding producer of lean pork meat in Owerri, Imo State, Nigeria. The project will be located at Owerri because of its access to target market from that location.]

A huge market is available for the business to serve.

The financial projections show that the project would be financially stable and liquid by the time it matures. The sales figure stand at N1, 780,000, and N5,874,000 and N6,461,000 for year 1, year 2, and year 3 respectively. The cash flow position is equally good and encouraging by the second year through the third year.

The competitive edge of the enterprise lies in its ability to produce pork meat of exceptional lean meat quality, which is got by crossing large white and Hampshire pigs.

ORDER FOR THIS BANKABLE PIG FARMING BUSINESS PLAN AT A DISCOUNT RATE OF TEN THOUSAND NAIRA ONLY

For the remaining part of this business plan , including all the financial analysis

Call or Whatsapp: +2347030695627.

Visit our website: https://www.agrotechafricamedia.com

Email: agrotechafricamedia@gmail.com

In this artcle we will give you the recent and updated edition of Pig farming in nIgeria. After reading this artcle you will be able to start your pig farming without stress and make a lot of money his will give you the short cut and it will help you implement your resources in business and make it.
https://businessplanhub.com.ng/pig-farming-business-plan-in-nigeria/