Executive Summary of Poultry Business Plan in Nigeria
Introduction of Executive Summary of Poultry Business Plan in Nigeria
Poultry farming has proven to be a very lucrative business not only in Nigeria but in the world at large. Chickens are one of the major sources of animal meat in Nigeria, aside from pork and fish.
As a business, they offer an opportunity for poultry farmers to earn steady income and also provide employment opportunities for countless number of men and women.
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One of the major customers for poultry farms in Nigeria are the major fast-food companies like Mr. Biggs, Tantalizer, Tasty-Fried Chicken and UAC followed by hotels, restaurants and then house hold consumers of chicken. The high demand for Chicken meat, egg and other poultry products has led to an increase in poultry farms spring up in many parts of the country.
However, there is a short fall in the supply of chicken and egg because most of the poultry farms in the country. Hence starting a poultry farm of your own either on a large or small scale is indeed a very wise decision as this will bring you immense financial benefit both in the short and long term.
Overview of Executive Summary of Poultry Business Plan in Nigeria
PATILAD Poultry Farm is a start-up poultry Farm that will be involved in production of quality and affordable poultry meat and egg and other poultry derivates targeting consumers in southwest Nigeria and will be located in Osogbo, osun state.
PATILAD Poultry Farm will be established as a limited liability company owned by Dayo Adetiloye, Kemi Awe, and other investors. The farm will be managed and directed by Dayo Adetiloye, a veteran in the Agric industry with eight years work experience and Kemi Awe, an experienced Agro-allied specialist with over 15 years work experience.
Products of Executive Summary of Poultry Business Plan in Nigeria
PATILAD Poultry Farm will sell Poultry products, including poultry egg, chickens and poultry litter waste. We also offer Kill–‐Cut–‐Wrap–‐Freeze (KCWF) services (e.g., traditional cuts in paper or cryovac packaging). Our eggs are hygienic, rich in protein and of high quality. We produce, process and package to meet standard organization of Nigeria and international standard
Financials of Executive Summary of Poultry Business Plan in Nigeria
PATILAD poultry Farm seeks N5 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.
Funding for the launch of the business will be provided primarily by equity from the partners and investors.
The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners. Revenue will top N64,363,850 and net income will reach about N5,784,055 in the 1st year of operation.
Business Description of Executive Summary of Poultry Business Plan in Nigeria
PATILAD Poultry Farm is a start-up poultry Farm that will be involved in production of quality and affordable poultry meat and egg and other poultry derivatives targeting consumers in southwest Nigeria and will be located in Osogbo, Osun state.
The farm will have capacity for 15,000 layer birds with state-the-art poultry farming equipment and facilities to ensure the best quality of poultry products are produced.
Form of business: Limited Liability Company
Owners of business: Dayo Adetiloye, Kemi Awe, and other investors
State of business: The business is a new business
Opening days: 7am -9pm, Monday to Saturday (with part-time night shift).
Consultant: Jumobi OYEBADE (B. Agric., MBA)
Hundred and Five Academy
Legal Adviser: Barrister Adejoke Chambers.
Board of Directors: Dayo Adetiloye, Awe Kemi, Olufemi Ayodeji
VISION Executive Summary of Poultry Business Plan in Nigeria
To be among the first 3 largest Poultry Farm in southwest Nigeria by 2020.
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