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Nanes

The document discusses the profit potential of a poultry farming business in Nigeria over two years. It details plans to purchase day old chicks and sell eggs and mature chickens. The business expects to earn a total profit of N17,550,000 after two years if managed properly.
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0% found this document useful (0 votes)
30 views3 pages

Nanes

The document discusses the profit potential of a poultry farming business in Nigeria over two years. It details plans to purchase day old chicks and sell eggs and mature chickens. The business expects to earn a total profit of N17,550,000 after two years if managed properly.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Profit in poultry farm business: Following negotiations, a day old chick will be

purchased at N200. In a period of two years, the layer is expected to produce eggs,
the company expects to collect an average of 730 eggs from a single layer and would
later sell the layer at N900 and the eggs sold at N20 per egg. Hence the company
would make a total of N15, 500 from the single layer.
The company plans to start with 1000 layer chicks and 500 broiler chicks. The
broiler will later be sold after four months at N2000 each upon maturity. The
company intends to sell all the broilers within a month after maturity and to
restock with another 500 day old broiler chick. Therefore after two years the
company would have sold about 3500 broilers and to realize a total of N 7,000,000
from broilers only and a total of N15, 500,000 from layers. The company expects
about 10% lost due to death, hence the company would realize a collective total of
N17, 550,000 after two years of operations with proper management procedure.
The company is currently seeking for N 2,860,000 to cover the cost of day-old-
chicks, materials, equipment and initial working capital of the company. We have
provided a detailed breakdown of the application of this fund in the Finance
section of this document.
The longest lead item is the renting of a warehouse for two years and the equipping
of the poultry house since the company intends to practice the industrial systems
of production. In essence, operation is expected to start within 20 days
Poultry farming is one of the most lucrative businesses in Nigeria, and according
to statistics poultry farming in Nigeria 2016 recorded huge profit due to the
recent investment in agriculture across the country and the high demand for chicken
met and eggs.

Poultry farming is one of the most important farming in Nigeria because it provides
employments for job seekers and thereby creating a great business opportunity for
entrepreneurs and a good poultry farmer can earn over N20 million in a year.

Poultry farming has lots of benefit when compared to other agricultural practices
and that is why a good poultry farmer like I said earn over 20 million yearly just
from poultry production in Nigeria but this Profit in poultry farm business:
Following negotiations, a day old chick will be purchased at N200. In a period of
two years, the layer is expected to produce eggs, the company expects to collect an
average of 730 eggs from a single layer and would later sell the layer at N900 and
the eggs sold at N20 per egg. Hence the company would make a total of N15, 500 from
the single layer.
The company plans to start with 1000 layer chicks and 500 broiler chicks. The
broiler will later be sold after four months at N2000 each upon maturity. The
company intends to sell all the broilers within a month after maturity and to
restock with another 500 day old broiler chick. Therefore after two years the
company would have sold about 3500 broilers and to realize a total of N 7,000,000
from broilers only and a total of N15, 500,000 from layers. The company expects
about 10% lost due to death, hence the company would realize a collective total of
N17, 550,000 after two years of operations with proper management procedure.
The company is currently seeking for N 2,860,000 to cover the cost of day-old-
chicks, materials, equipment and initial working capital of the company. We have
provided a detailed breakdown of the application of this fund in the Finance
section of this document.
The longest lead item is the renting of a warehouse for two years and the equipping
of the poultry house since the company intends to practice the industrial systems
of production. In essence, operation is expected to start within 20 days
Poultry farming is one of the most lucrative businesses in Nigeria, and according
to statistics poultry farming in Nigeria 2016 recorded huge profit due to the
recent investment in agriculture across the country and the high demand for chicken
met and eggs.

Poultry farming is one of the most important farming in Nigeria because it provides
employments for job seekers and thereby creating a great business opportunity for
entrepreneurs and a good poultry farmer can earn over N20 million in a year.

Poultry farming has lots of benefit when compared to other agricultural practices
and that is why a good poultry farmer like I said earn over 20 million yearly just
from poultry production in Nigeria but this Profit in poultry farm business:
Following negotiations, a day old chick will be purchased at N200. In a period of
two years, the layer is expected to produce eggs, the company expects to collect an
average of 730 eggs from a single layer and would later sell the layer at N900 and
the eggs sold at N20 per egg. Hence the company would make a total of N15, 500 from
the single layer.
The company plans to start with 1000 layer chicks and 500 broiler chicks. The
broiler will later be sold after four months at N2000 each upon maturity. The
company intends to sell all the broilers within a month after maturity and to
restock with another 500 day old broiler chick. Therefore after two years the
company would have sold about 3500 broilers and to realize a total of N 7,000,000
from broilers only and a total of N15, 500,000 from layers. The company expects
about 10% lost due to death, hence the company would realize a collective total of
N17, 550,000 after two years of operations with proper management procedure.
The company is currently seeking for N 2,860,000 to cover the cost of day-old-
chicks, materials, equipment and initial working capital of the company. We have
provided a detailed breakdown of the application of this fund in the Finance
section of this document.
The longest lead item is the renting of a warehouse for two years and the equipping
of the poultry house since the company intends to practice the industrial systems
of production. In essence, operation is expected to start within 20 days
Poultry farming is one of the most lucrative businesses in Nigeria, and according
to statistics poultry farming in Nigeria 2016 recorded huge profit due to the
recent investment in agriculture across the country and the high demand for chicken
met and eggs.

Poultry farming is one of the most important farming in Nigeria because it provides
employments for job seekers and thereby creating a great business opportunity for
entrepreneurs and a good poultry farmer can earn over N20 million in a year.

Poultry farming has lots of benefit when compared to other agricultural practices
and that is why a good poultry farmer like I said earn over 20 million yearly just
from poultry production in Nigeria but this Profit in poultry farm business:
Following negotiations, a day old chick will be purchased at N200. In a period of
two years, the layer is expected to produce eggs, the company expects to collect an
average of 730 eggs from a single layer and would later sell the layer at N900 and
the eggs sold at N20 per egg. Hence the company would make a total of N15, 500 from
the single layer.
The company plans to start with 1000 layer chicks and 500 broiler chicks. The
broiler will later be sold after four months at N2000 each upon maturity. The
company intends to sell all the broilers within a month after maturity and to
restock with another 500 day old broiler chick. Therefore after two years the
company would have sold about 3500 broilers and to realize a total of N 7,000,000
from broilers only and a total of N15, 500,000 from layers. The company expects
about 10% lost due to death, hence the company would realize a collective total of
N17, 550,000 after two years of operations with proper management procedure.
The company is currently seeking for N 2,860,000 to cover the cost of day-old-
chicks, materials, equipment and initial working capital of the company. We have
provided a detailed breakdown of the application of this fund in the Finance
section of this document.
The longest lead item is the renting of a warehouse for two years and the equipping
of the poultry house since the company intends to practice the industrial systems
of production. In essence, operation is expected to start within 20 days
Poultry farming is one of the most lucrative businesses in Nigeria, and according
to statistics poultry farming in Nigeria 2016 recorded huge profit due to the
recent investment in agriculture across the country and the high demand for chicken
met and eggs.

Poultry farming is one of the most important farming in Nigeria because it provides
employments for job seekers and thereby creating a great business opportunity for
entrepreneurs and a good poultry farmer can earn over N20 million in a year.

Poultry farming has lots of benefit when compared to other agricultural practices
and that is why a good poultry farmer like I said earn over 20 million yearly just
from poultry production in Nigeria but this

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