₦airaland Forum

Nobody can make it out here alone...the world's most successful didn't achieve it all alone. Alliances and partnership were formed. Go for the best partnership if you can.

That means you will be getting more with less.

WHERE ARE YOU LOOKING?

POULTRY IS VERY LUCRATIVE:

Most new entrants will think poultry business is only about:
======Layers and Broilers Production
======Egg Production and Sales
======Sales of Spent Birds


But do you know that their is more to poultry than this 3 above.

Consider these other segments :

1. Farming Segment to produce feed components: Growing maize, groundnut, sunflower, soybean and sorghum

2. Feed Formulation : maize, soy meal formulation.

3. Imports : Bringing in of essential Amino acids, Vitamins, and medicine.

4. Fabrication of cage, feeders and drinkers.

5. Parent stock
6. Hatchery
7. Fertile egg
8. Pullet rearing
9. Layers
10. Table egg production
11. broiler production
12. specialized poultry slaughter
13. Live bird market
14. Distribution of egg
15. Wholesalers
16. Retailers
17. Export
18. Supply to eatries, hotels and school


Choose wisely the segment you wish to play

BEFORE STARTING YOUR BUSINESS, CONSIDER THE FOLLOWING:

CAN YOU?
1. Identify The Right AgriBusiness Opportunities for you?
2. Determine your area of Core competence?
3. Determine your area Comparative advantage?
4. Determine the Product Market need analysis?
5. Meet the Basic standards?

Why is the Agricultural and Agribusiness Sector So Lucrative on Paper yet so Prone to Shocks and Failures?

The saying that "a good numbers of start up companies close down before they are even started" applies to agricultural business. But why is this so? Different opinions have been documented in the literatures about the reasons for their closure. Inexperience, pausity of funds, mismanagement, change in government policies and a host of other reasons.

Despite the lucrative nature of agriculture in all the various agricultural enterprises, why are they failing? I have seen large farms ( mechanised crop production outfits and Poultry farms) close down or still existing but struggling in the midst of abundance.

But why?

Here are some of the reasons:

1. IT STARTS FROM THE BEGINNING: The decision to invest in the agricultural or agribusiness sector is DEVOID OF ANY WELL LAID OUT PLAN AND VISION.
The concept just pops up from no where!

E.g Reading articles on

" Making millions from Cucumber farming" or

" tomatoe, a money spinner" or

" Make Millions doing dry season farming" or

"Make millions from Exportation with ease"

" Making it big from Plantain"

" Success story of youngster who made his first million at 18 exporting agro produce


To others, they have just seen a neighbour acquire wealth within a short time growing water melon or Cassava! <<< SMILES!..cassa.. what? >>>

Alot of us fall into some of those categories.

To others, a 5 minutes simple mental mathematics was all they did that spur them into the business.

This initial none-preparedness is USUALLY A RECIPE FOR FAILURE!

SOLUTION: Plan, plan and plan. Integrate your processes appropriately. Have stratergic plans to achieve your business aims. Take precautions. Heed to advises. But watch where you seek your advise. Think your thoughts through from A-Z.

E.g. A seed farmer can sell excess seeds as grains.
Feed your farm waste to your livestock (cattle, goat)
Generate power from bio waste to power farm house or workers shed.

2. PRINCIPAL CAUSAL OF FAILURE: I have heard or read countlessly of how a lot of people stumbled on the agribusiness they are into without training, learning, test trial on small scale or even understudying of any sort. I stumbled on Raising Layers birds after a good success with Quail Birds and Broiler grow out. I failed woefully. Some GOOD money is lost, precious time wasted.

The failures in the agricultural and agribusiness sector has more to do with INABILITY TO CLOSE THE KNOWLEDGE GAP AS AGAINST other known reason for business failure. We know next to nothing on the aspect of farming or agribusiness we are going into!

Ranging from the plant agronomy to farm management, farm planning, farm layouting, storage of produce, pest and diseases; including marketing and logistics, processing and packaging.

SOLUTION: Go for short courses like training, workshops, field days, open days if available, go on agro tourism to viable and enterprising firms before starting out.

3. Long gestation period: Unfortunately, Large number of us do not usually know that our prefered area of interest in agriculture or agribusiness USUALLY HAVE GESTATION PERIODS. E.G Im planning exportation of cocoa, cashew, kola or palm fruits. It will take 3-4 years before they mature to start giving me some returns.


Of course, short duration crops like vegetables and other annual crops can be be developed in the interim to sustain cashflow while we await the long gestation investments.

4. LONGER PAY BACK PERIOD: Profit taking and the payback period is usually long, The profit trickles in slowly with ease. Not for faint hearthed. Before your investment start bringing in money, think of other money generating ventures e.g for some vegetables (6 weeks -3months)

SOLUTION: Plan for CASH FLOW. ALWAYS HAVE A PRODUCT TO SELL AT YEAR ROUND. Invest in Irrigation accessories if need be!

to be continued.....

still selling

Brain fed farming

A good irrigation tool for open field

4 reels of 1000metres length of driptape with accessories being prepared for sending to a client.

Don't be left out

the person who wrote the above testimony already ordered for 3 additional units this month. So. It's worth buying.

dominate the market. is it possible? yes. but producing all year round. Irrigation provides that additional leverage.

Big farm or small. We have something for you.

some one wrote about the raingun

preparation for watermelon 1m x 1m spacing.

Let's talk about this

Irrigating large fields

Dry seasons is here

Talk us. No hold back

Large acreage

Irrigating large acreage. Receive quote

Good for precision planting and high density planting

Blessed Monday

kyrios:
what's the length of the host ?

Usually 100meter length

Available

You have a borehole. No problem

Happy Sunday

Morning

Happy weekend

Still open

talk to us.

DeKen:
I think it will be better if you made a detailed comparison between the two with their pros & cons.
That way one can make a better or well informed decision in choosing which will best suit his/her use.

maybe this will help

TGIF