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Knowledge4's Posts

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BusinessRe: What Can One Start With 700k Naira by knowledge4(m): 2:46pm On Jun 13, 2013
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details
BusinessRe: What Business Can A Student Start With N10,000 by knowledge4(m): 2:40pm On Jun 13, 2013
Invest your N10000.00 in knowledge acquisition that will fetch you a sound business idea.
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details.
Use your N10,000 to purchase the Cost Analysis for set up of a 1000 layers chicken farm available @ the signature below.
Then also purchase the Profit analysis for set up of 1000 layers chickens prepared on Ms Excel Spreadsheet @ signature
With the two reports in your hand, approach investors for funds.
They will be strongly convinced in your proposal
BusinessRe: Am A Banker, I Need A Business Idea Of What To Do For Business by knowledge4(m): 2:31pm On Jun 13, 2013
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details.
BusinessRe: What Business Can A Banker Start Up With 1,000,000.00 by knowledge4(m): 2:30pm On Jun 13, 2013
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details.
BusinessRe: Which Busness Can I Start As A Banker by knowledge4(m): 2:29pm On Jun 13, 2013
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details.
AgricultureRe: Are You A Poultry Farmer? Read This! by knowledge4(m): 2:25pm On Jun 13, 2013
Poultry farming works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below for full details.
BusinessRe: Poultry Birds Investment by knowledge4(m): 2:24pm On Jun 13, 2013
For the details,visit the signature below
BusinessRe: What Can I Invest 10k In To Make 40k In A Month by knowledge4(m): 2:22pm On Jun 13, 2013
Invest in H.Y.I.P and Hurriedly Yield Into Poverty, but if you do not want to loose your money,visit the signature below for a business with better prospects
BusinessRe: Where To Invest Your Money In 2012 by knowledge4(m): 2:20pm On Jun 13, 2013
The stock market has failed us!
Poultry farming is a better option that works in Nigeria.
The market for poultry products is large and guaranteed in Nigeria.
A small home based farm that operates a flock of 700 layers chickens fetches about N2million in egg sales in 12 months.
For the proof, visit the signature below
BusinessRe: Farming by knowledge4(m): 2:07pm On Jun 13, 2013
For poultry farming comprehensive details for free,visit the signature below
BusinessRe: Profitability Analysis For Set Up Of A 1000 Layers Chicken Farm On MS Excel by knowledge4(op): 2:06pm On Jun 13, 2013
Get the details from the signature below
AgricultureRe: Poultry. Cost And Expectations In Nigeria by knowledge4(m): 2:04pm On Jun 13, 2013
For advise on poultry farming in Nigeria especially for starters,visit the signature below.
AgricultureRe: Need Advise On Poultry Farming by knowledge4(m): 2:00pm On Jun 13, 2013
If you want advise on poultry farming in Nigeria to the full,visit the signature below
BusinessRe: Battery Cage by knowledge4(m): 1:58pm On Jun 13, 2013
For used battery cages,visit the signature below
Christianity EtcRe: My Friend Saw Her Late Mother In HELL FIRE :'( :'( by knowledge4(m): 2:57pm On Jun 10, 2013
Hell is real.
The Bible talks about it so many times especially in Matthew 25:46
Have you read the book 'DIVINE REVELATION OF HELL' BY MARY BAXTER?
HAVE YOU READ 'HOLINESS AND JUDGMENT' BY THOMAS SAMBO?
visit www.divinerevelations.info for revelations about the place called hell
Hell is real.
Accept Jesus as Lord and Savior now that you are still alive.
PoliticsRe: Wahab Dosumu Is Dead (Ex-NADECO Chieftain) by knowledge4(m): 2:46pm On Jun 10, 2013
Whatever the man may have done while alive,for good or for evil,no one has the right to judge or condemn him.
Leave judgment to God.
All you have to say is Rest in Peace.
Whether the dead is resting in peace or not is not for you to know!Leave that to God.One day,we will go as well!
If you want to rest in peace,start conforming to what makes a man rest in peace at the end:Accept Jesus as Lord & Saviour.
Chief Wahab Dosunmu,Rest in peace.
BusinessRe: Chicken Business by knowledge4(m): 9:05pm On Jun 07, 2013
The profitability analysis is about the financial projections for 12 months of egg production for a 1000 chicken layers farm raised from day old age,prepared on Microsoft Excel format. Those applying for entrepreneurship/agricultural loans or grants will find it useful for writing their proposals or to support their applications.

The financial projection or profitability analysis (Profit & Loss Accounts) for 12 months has the following:
A) Layers Chicken:
1) Analysis of egg revenue from 1000 layers on daily and monthly basis for 12 months
2)Revenue from the disposal of old layers at the end of egg production
3)Analysis of farm expenses(diesel costs, salaries,transport,consultancy,miscellaneous,etc) on a daily and monthly basis for 12 months
4)Depreciation of major farm assets on a daily and monthly basis for the 12 months
5)The analysis of feed costs at the different stages of development in the chickens for the initial 20 weeks and during the egg production phase.
5)Gross and Net Profit position daily and monthly
6) Farm assets to set up + cost
7) The Sunk Cost i.e. the analysis of operating costs for the first 20 weeks from day old status to the commencement of egg laying.A cash flow projection for 12 months of sales is included in the report.
AgricultureRe: I Want To Start A Poultry After I Graduate by knowledge4(m): 8:59pm On Jun 07, 2013
The profitability analysis is about the financial projections for 12 months of egg production for a 1000 chicken layers farm raised from day old age,prepared on Microsoft Excel format. Those applying for entrepreneurship/agricultural loans or grants will find it useful for writing their proposals or to support their applications.

The financial projection or profitability analysis (Profit & Loss Accounts) for 12 months has the following:
A) Layers Chicken:
1) Analysis of egg revenue from 1000 layers on daily and monthly basis for 12 months
2)Revenue from the disposal of old layers at the end of egg production
3)Analysis of farm expenses(diesel costs, salaries,transport,consultancy,miscellaneous,etc) on a daily and monthly basis for 12 months
4)Depreciation of major farm assets on a daily and monthly basis for the 12 months
5)The analysis of feed costs at the different stages of development in the chickens for the initial 20 weeks and during the egg production phase.
5)Gross and Net Profit position daily and monthly
6) Farm assets to set up + cost
7) The Sunk Cost i.e. the analysis of operating costs for the first 20 weeks from day old status to the commencement of egg laying.A cash flow projection for 12 months of sales is included in the report.
BusinessProfitability Analysis For Set Up Of A 1000 Layers Chicken Farm On MS Excel by knowledge4(op): 8:44pm On Jun 07, 2013
The profitability analysis is about the financial projections for 12 months of egg production for a 1000 chicken layers farm raised from day old age,prepared on Microsoft Excel format.

The financial projection or profitability analysis for 12 months has the following:
A) Layers Chicken:
1) Analysis of egg revenue from 1000 layers on daily and monthly basis for 12 months
2)Revenue from the disposal of old layers at the end of egg production
3)Analysis of farm expenses(diesel costs, salaries,transport,consultancy,miscellaneous,etc) on a daily and monthly basis for 12 months
4)Depreciation of major farm assets on a daily and monthly basis for the 12 months
5)The analysis of feed costs at the different stages of development in the chickens for the initial 20 weeks and during the egg production phase.
5)Gross and Net Profit position daily and monthly
6) Farm assets to set up + cost
7) The Sunk Cost i.e. the analysis of operating costs for the first 20 weeks from day old status to the commencement of egg laying. A cash flow projection for 12 months of sales is included in the report
BusinessRe: Liberty Reserve Shot Down, What Happens To Our Money???? by knowledge4(m): 8:32pm On Jun 07, 2013
I opened an account recently/
I happy say i never fund am and my clients never begin use am.
These online banks sef!
AgricultureRe: Feasibility Study For Fish, Pig, Poultry Farming by knowledge4(m): 8:13pm On Jun 07, 2013
For comprehensive,detailed information for free about poultry farming in nigeria, visit the signature below @ www.johnayodele.
AgricultureRe: Reasons Why Most Nigerians Fail In Poultry Farming Business by knowledge4(m):
The tendency of the average Nigerian investor is to set up a business on a foundation beyond his experience because he sees others doing it. He starts a poultry farm as a large investment of capital and stock which will require immense amounts of energy and funds to maintain which may be beyond his capability.

Some inexperienced investors have set up, misled by fantastic statistics which make them believe that poultry business is the quickest route to become a millionaire overnight.For example, i saw a thread at nairaland.com where a poultry promoter gave the impression that one can invest N500,000.00 in poultry and reap N5million in a year.This statistics is a deceit, misleading and an IMPOSSIBILITY in the present day Nigeria.Some starters rely on dubious statistics generated by some arm chair consultant.Some are attracted by the earning potentialities but give no thought to the other side of the coin.

Nigerians are enthusiastic about poultry farming and many are going into it. This is good news and this blog supports them by giving valuable insights usually overlooked or neglected but which are essential to success in the business. One mistake being made by many inexperienced starters is working out unrealistic profit expectations on paper.One needs to understand the factors or situations that makes realistic profit expectation realizable in poultry farming to be able to make a realistic income forecast.

The best advice is to start modestly on a small scale and in the process of managing it,the owner will be able to know how much can be made from the business.This was the advice given to a client who purchased some of the poultry reports on this blog.He has a large plot of land at Ibadan and was ready to set up a big farm based on the availability of funds.

He was advised to start with a small farm and from his experience would be able to decide later how to expand.He bought the suggestion and has set up a smaller farm.This way,experience can be gained without having to pay high prices for it as in a large first investment.That is the best way for an inexperienced starter to start a poultry farm.

If you are a green horn and have the financial capability to rear 5000 birds,you may start with 1000 in the first cycle.Based on experience and profits gained,increase the stock gradually, say every 6-12 months until the planned maximum capacity is achieved. You can use the profits earned in one cycle to commence another cycle.In my own opinion,it is not wise for a starter, a green horn to put in all the capital at once on a 5000 bird farm.You may go ahead anyway if you have adequate financial reserves to fall back on, have the right logistics in place and have the capacity for risk.

Many Nigerians are always in a haste to become owners of big businesses from inception.One Nigerian who got my poultry reports and sought my counsel,who had access to borrowed funds or a grant from an uncle wanted to set up a 2000 layer farm, a piggery and a fish farm all at once.He is a starter who has zero experience and no knowledge in all the three areas.My suggestion was that he set up one, master it before setting up another line.He was ready to invest the whole capital on the 3 areas at once. To me, it is too foolish a risk to take with borrowed funds without other reserves to fall back on.

There are some who have the money to invest in the business but do not have the time.They may have very limited or no poultry training and/or experience and their success in the business is tied to their ability to engage someone as manager to supervise the farm.The manager must be a trained, experienced and capable person who has the personality suited for the work. The personality requirements suited for the work include mental and physical abilities.

The personality requirements essential to success in poultry farming, expected of a hired employee manager include:

-Personal liking for the business
-Attention to details as the business is largely composed of details
-Ability to create your own system for the work,not to be tossed about by many.Stick to one.
-Ability to deploy common sense to take quick & correct decisions when necessary to avert disaster
Energy and Promptness
-Ability to concentrate time and attention on the work to ensure that no detail is neglected.

There are several other personality requirements but if your farm manager lacks the essentials stated above,it is clear that you may have placed your farm in the wrong hands.


If you want to learn poultry farming,learn from an experienced farmer who has testimonies
Visit the signature below if you want to know the candid truths about the business.
BusinessRe: . by knowledge4(m): 4:11pm On May 23, 2013
Poultry Farming Business: A Goldmine


If you are a Nigerian looking for a small business to do,please endeavor to read and digest all the posts about poultry farming.
Stop roaming the streets looking for a non existent job.Stop looking for a visa to Europe and loosing money to fake visa agents.

A 200 chicken farm is a micro-farm which can be set up in a home backyard.Do you know that if you have JUST 200 healthy layer chickens producing eggs for you,your monthly revenue from eggs alone is more than N90K? That is if you run the business well in the right manner.Next time you see a chicken on the street,you are seeing a goldmine.For the statistics, check the FEASIBILITY analysis in my manual.

One of the most common fears is the fear of chicken deaths or high failure rates or mortality rates.I disagree to a large extent.Chickens die.Is that any big deal? Don’t humans die? Are chickens and humans not living things? Do we have power over our living and death? Do not humans with the best comforts of life – food, money,drugs & other essentials of life- slump and die?

If you are afraid that some of your chickens may die, why are you not afraid of driving? Or eating? Or sleeping? Or marrying? It is a risk too to drive a car, to eat, to sleep and to marry a husband or a wife.People get killed while driving.People eat poisoned food and die.People sleep and do not wake up.People often marry the wrong partners and come out of it with scars and bruises and regrets and life goes on.if you are scared of risk, do not ever step out of your bedroom because you may get hurt.

Do not be afraid or scared of the business on account of chicken deaths. Prepare your mind that you will lose some chickens.The standard normal mortality rate is 8-10% of your stock per year provided that you have done everything that you should do. If you have 100 layer chickens, you should not lose more than 10 in 12 months. if you do lose chickens over 15%, then it is abnormal and indicates that something is obviously wrong that should be promptly investigated and corrected.

In many cases, it is due to farmer ignorance or negligence by the failure to do what is necessary at the right time.

An instance is where you fail to do the evacuation of the chicken droppings at the appropriate time.If the chickens get affected by diseases and as a result the farm experiences chicken deaths or poor production,is this not negligence on the part of the farmer?.

Assume you lose 10% of the chickens during the year which means that you now have 190 old layers to dispose.If you dispose during Christmas,the selling price was a minimum N700.00 in Lagos @ Xmas 2013.You earn about N136,000 from the sale as an addition to the revenue earned from the sales of eggs during the egg production period.Your sources of income are egg sales, sales of the layers at the end of the laying period and sales of chicken waste i.e. poultry manure to crop farmers.

The statistics here is a realistic projection,not a hype.For you to realize this revenue, you must understand all the processes and workings of the business and apply them meticulously.

You must have properly managed the chickens from inception and also operate the farm under excellent conditions.Managing the chickens properly from inception and operating the farm under excellent condition is where the real work is.

This is not a business you set up and hand over to just anyone to manage for you because they may not represent your interests the way you expect.The owners personal attention to supervise the farm is very necessary even if he has personnel in charge.Now,if the owner does not know how poultry farming operates,then how will he know what is going on?If the staff know the business better than the owner,they may rip him off and take him for a ride.

This is the reason why it is essential that the owner should have some knowledge of the business to be able to understand what is going on in the business.Knowledge is one of the greatest assets in business.If however you can get a trusted and competent and trained hand to manage it for you,all will be well.But if you put an incompetent hand in charge,you may regret coming into poultry business.

Most of those who failed in this business and are spreading negative stories about it are those who ventured into it with a get-rich quick mindset or who had no training in the business or who engaged incompetent hands and had no time to supervise it or those who expected overnight results and had no patience.Poultry farming is hard work and not for the lazy.There is no short cut in this business


Nairalanders,
The post above was also lifted from my blog(signature below).The OP is not a farmer,i am sure.I have traced my blog posts to several sites.
BusinessRe: . by knowledge4(m): 4:05pm On May 23, 2013
Poultry Farming for Nigerians: Profitability Analysis for Starters
This is the segment that discusses the ins and the outs in the lucrative but sensitive chicken farming business to Nigerians. You will learn the sweet and the bitter aspects of the business on this e book to be able to know how to cross the bridge before you get to it.Please read with an open mind.

The problem that some people have in the business is waiting to reach the bridge before knowing how to cross it. That is a wrong mindset.

The profitability analysis is about the financial projections for 12 months of egg production for a 200 chicken layers farm and a 200 broilers farm raised from day old age. Those applying for entrepreneurship/agricultural loans or grants will find it useful for writing their proposals or to support their applications.

The financial projection or profitability analysis (Profit & Loss Accounts) for 12 months has the following:
A) Layers Chicken:
1) Analysis of egg revenue from 1000 layers on daily and monthly basis for 12 months
2)Revenue from the disposal of old layers at the end of egg production
3)Analysis of farm expenses(diesel costs, salaries,transport,consultancy,miscellaneous,etc) on a daily and monthly basis for 12 months
4)Depreciation of major farm assets on a daily and monthly basis for the 12 months
5)The analysis of feed costs at the different stages of development in the chickens for the initial 20 weeks and during the egg production phase.
5)Gross and Net Profit position daily and monthly
6) Farm assets to set up + cost
7) The Sunk Cost i.e. the analysis of operating costs for the first 20 weeks from day old status to the commencement of egg laying

A cash flow projection for 12 months of sales is included in the report.A separate report that explains the workings, how each of the figures on the spreadsheet for 200 layers was arrived at is attached.

If you are a Nigerian and a starter, interested in chicken farming,and need information about the business,please read the blog posts below with an open mind. The e book contain valuable insights about the business.The posts teach you what to know to do rightly, and what to avoid doing, in the chicken farming business to avoid costly mistakes.

Then knowing what to do and what to avoid, you can confidently go set up your farm.But you are advised not to go it alone as a beginner.Please get support from an experienced farmer or poultry/livestock consultant for more detailed information and guidance.

Make a diligent search for a seasoned and competent poultry/livestock consultant to support and guide you regarding the set up of the farm.There are many livestock consultants wherever you are. Get a competent one, and you are on the right course to set up your farm.



(Like)


Nairalanders,
The post above is mine, lifted from my poultry blog, word for word. This is fraudulent practice, claiming what is not yours.My signature below is my blog where the post was lifted from.
BusinessRe: . by knowledge4(m): 3:53pm On May 23, 2013
[color=#006600]On this page, I have discussed much about the profitability and sensitivity of the chicken farming business in 14 posts below. You must read all the posts on this blog if you are really interested in chicken farming and need some information about the business.

It is a lucrative business in Nigeria if well managed from inception and the market is there, ready made. There are egg traders who go out of Lagos to as far as Ibadan and beyond to look for eggs. Frozen chicken is big business in Nigeria but smuggled into the country as it is officially banned on the Import Prohibition List. These show that there is a gap in the market to be filled. Besides these, there are other investment opportunities in the industry besides the farming aspect.There is always room for a new entrant into any aspect of the business.

Now, I want to discuss how a careless farmer can lose money in the business without knowing until it is probably too late. There is a report on this blog titled ‘Cost Analysis Report’ which explains the cost of operations for the setup of a small chicken farm of 200 layers for egg production.
The report also explains how egg production work i.e. the general rule in egg production (that a chicken will lay an egg a day for up to 24 months) and the several exceptions (the reasons why it is not actually so & the exact position).
It also explains how you can forecast a realizable egg production and income estimate from a given number of chickens. It is an important report for starters who need to understand the figures.

Before you go set up a chicken layer farm, you should understand the natty-gritty of egg production because there is a loop that your farm staff can exploit to pocket your money and you will not know. It is advised that the owner of the farm be there to manage his farm or maintain very close supervision if he is an absentee owner.
If he is an absentee owner, the farm manager must be a honest and trusted person. His operational competence is also important. If your manager/farm staff is not honest and exploits the loop (one of the exceptions) in egg production to your own disadvantage, then you are on the losing end. This is a clear fact and one prime reason why some chicken farms have closed down especially those owned by absentee owners.

If you understand egg production general rule and its 6 exceptions, you will be able to tackle the loop to reduce egg pilferage to the barest minimum and make maximum returns. The cost analysis report is for those that are really interested in the business and need to understand the figures.

If the owner cannot be available to supervise his investment and cannot get a trusted manager, do not do the business. Before you set up a chicken farm, you must understand the exceptions in egg production and the loop that can cause you to lose money and the remedies.
Then sort out the issue of who supervises the farm. If your staff cannot steal eggs without you knowing, there are other avenues they will try. However,do not be discouraged from doing the business.But knowing in advance the pros and cons help so that you know how to run the business more profitably.The truth that you know sets free.

You must have a good record keeping system which enables you know how the farm is standing financially at any point. What you are to keep record of on daily basis has been explained in the layer report (How to set up and operate a profitable layer chicken farm in Nigeria: A Beginner’s Guide).
Then, when you observe that you are losing money, you have to know what exactly is going wrong. One of the common reasons is egg pilferage by farm staff. If egg losses are not controlled, it can ruin a large farm where little drops make an ocean.

If you have a small backyard farm producing less than 10 crates daily but a farm staff steals a crate a day valued at N700.00, the loss is N21000.00 monthly. If the fraud goes on unchecked, within few months, the farm will become financially distressed as a result.

This is why I say that the owner should understand how egg production works to be able to reduce egg losses to the barest minimum even if he is available to manage his farm. It is when the farmer understands the system that he can devise a remedy to check losses.
The solution is a simple common sense application that anyone can apply.You need common sense in this business.
If you have 1000 healthy, well fed layer chickens at the peak of production and your farm manager gives you an average daily egg production report stating 20 crates and you believe just like that, then you are the one working for your manager.

Then a control system should be put in place to check abuses by farm staff.You should understand the mentality that farm staff exhibit and how it can adversely affect farm fortunes.There are four major atrocities poultry dishonest farm staff do which can ruin a farm.
Staff recruitment, supervision and monitoring is important.Engage staff you can trust. The management i.e who manages the farm is a crucial factor to success because if you put all the factors in place but have incompetent, untrustworthy staff in charge, the farm may fail.

The report discusses the factors to consider before setting up a backyard farm in a home. Many backyard farmers have problems and some have been frustrated in the business. How some dishonest consultants rip off starters will also be highlighted in the report


Nairalanders,
The above article was lifted from my poultry blog word for word.My signature is below where the post was lifted from.The OP is not a farmer, i am solidly sure. He is an information marketer who does not have any farming experience and cannot defend what he is selling because he does not know it.There are too many of them on this forum lifting articles from other sites and re-posting them as theirs. That is FRAUD!
BusinessRe: Earn Big With Liberty Reserve. Minimum Is $10 by knowledge4(m): 4:09pm On Feb 06, 2013
I opened a LR account recently.
How can i fund the account?
What is the minimum and the requirements?
Please advise by mail to ayodeleade2002@yahoo.com
BusinessRe: Any News On Youwin This New Year, Heard Some Trainings Are On, Updates Pls!!! by knowledge4(m): 2:49pm On Feb 06, 2013
Sure, it is in progress
AdvertsRe: POULTRY! POULTRY!! POULTRY!!! The Most Profitable Agricultural Business by knowledge4(m): 2:44pm On Feb 06, 2013
Agreed. It is one of the most viable businesses to do in today's Nigeria.
The demand for the products is large and guaranteed by a large market in Nigeria.
For more details,visit the signature below
AgricultureRe: Poultry Farming In Nigeria by knowledge4(m): 2:39pm On Feb 06, 2013
The market is not saturated. There is room for new entrants in the business. Visit the signature below
BusinessAdvice For Unemployed Graduates Seeking Loans And Grants by knowledge4(op):
An organization( names withheld) is giving unemployed Nigerian graduates, grants of N5m to N7m to set up a business of their choice. The applicants cut across the six geographical zones and the selection is conducted in phases. Qualification for the grant is said to be based on the quality of business plans submitted in each phase.

There are many questions in the business plan forms.There are some questions that require professional knowledge and technical skills to answer them acceptably to win the grant. Two of them are as follows:

1) Business Risks
what risks or challenges do you anticipate that may affect the success of the business? How will you mitigate or reduce these risks?

For those selecting poultry farming as an option, the questions require intelligent answers.The sponsors want to test your knowledge of the business terrain, to be sure that you know the business that you are going into.
The common risk in the business is the disease risk but you need to provide more than that to be able to stand out from the herd of applicants stating that risk. Since the qualification for the grant is a survival of the fittest, then you should show the sponsor that you know more than average applicant also investing in chicken farming.
There are other risks in the business that the sponsors want to test your knowledge about, and you can find some of them in the signature below.

2) Financing
How much have you invested in the business?
How much will you contribute in the next one year?
How much do you expect from other sources?

The sponsors want to know your personal financial commitment to the business. No investor/sponsor/banker wants to invest in a business that the promoter is yet to commit his own resources.It will do you good not to state NIL as an answer.

Besides your personal financial commitment, where the sponsor is a bank,the bank wants to know what assets the business will have, that they can fall back on in a worst case scenario.The more solid the assets, the better the protection it gives them in case of default.Banks are interested in fixed assets.

You have to state your capital requirements and start up costs as well under financing in the business plan.You have to be accurate but conservative when estimating projected sales figures and support your projections with evidence and statistics that make a better and convincing presentation.If you exaggerate, they can see through it.
An organization that is giving N5m grant is no fool to throw its money away anyhow!

Also you should present a detailed cash flow section that list the monthly cash flow. This may be extensive to show the investor your potential cash flow growth over a period of at least 6 months to one year.it shows the investor/sponsor/bank how cash flows in. it gives them an idea of the company's progress in the 1st year.

Take note of the following questions
How much would you require to make the business a success?
How much do you want from the sponsor?
What will you use the money for?
How much sales do you expect to make in 12 months after receiving the award?
How much do you expect to spend in running the business in 12 months after receiving the award?

The last two questions require intelligent answers. If you rush into answering them by giving the sponsor 12 months sales figures just like that, then you have missed it. Read the questions again and again and think very well to understand them.The sponsor is testing your intelligence and your knowledge of the set up of the poultry farming business.Talking about 12 months sales in chicken farming, when does the sales start? Is it from the date of the award or from the date that the poultry products are ready for sale? There is a difference between the two.

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