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Poultry Farm Business Plan
Poultry farming is the breeding of certain birds to generate meat and eggs for business. Poultry farming is an alternate livelihood for farmers to make use of the seasonal lags in harvesting plantations. Poultry farming contributes almost 8% to 10% of the Gross Domestic Product in the agricultural sector. The Government of India also encourages more players in the poultry farming business to promote international trade.
About Poultry Farm Business Plan
- Animals Raised In Poultry Farm
- Features Of A Poultry Farm Business
- Benefits Of Poultry Farm Business
- How To Make A Poultry Farm Business Plan
- Investment Required For A Poultry Farm Business
- Interest Rates On Poultry Farm Loans
- Eligibility To Apply For A Poultry Farm Business Loan
- Documentation For Poultry Farm Business Loan
- How To Apply For Poultry Farm Business Loan
- Conclusion
- FAQs of Poultry Farm Business Plan
Animals Raised In Poultry Farm
Broiler Chicken (Popular) | 8 weeks to grow. Provide more meat |
Layer Chicken | 18 weeks to grow. Provide only eggs. |
Rooster Chicken
| Male hens that guard other hens. Sold for meat. |
Features Of A Poultry Farm Business
- Quick formation and commencement of business
- Requires minimum investment
- High return on investment
- Uniform demand throughout the year
- Easy learning and experience
Benefits Of Poultry Farm Business
- High demand and supply
- Growing business in agriculture with minimum downtime
- Low investment and high returns
- Quick, easy, and high financing options
- Minimal requirement of the labour force.
- Collateral free funding
How To Make A Poultry Farm Business Plan
Choose From The Wide Variety Of Activities
Poultry farming involves different kinds of activities to raise, breed and bring the required output. One can choose one specific activity or adopt the entire business cycle to run a poultry farm. This should be decided based on the availability of space, finance, and resources. The poultry farm activities broadly include- Production of meat called broilers breeding
- Production of eggs called layers breeding
- Poultry feed production
- Manufacture of equipment for poultry farming
- Processing of meat and eggs
- Hatching
- Packaging of meat and eggs
Choose The Type Of Birds To Breed
Once the poultry farm activity is decided, analyse the type of bird you want to breed. It should be decided based on the type of activity and the market demand for the particular breed near the location of the poultry farm. The poultry farm activities and bird varieties can be added once the business grows.Choose The Location Of The Farm
The location of the farm is very important as there are various conditions to be adhered to for holding a poultry farm licence. The poultry farm must be located at a distance of 5 to 6 km from human inhabitation and there must be at least a 1 km distance between the two poultry farms. Also, the poultry farm must be located reasonably near the place of consumption to avoid huge packaging and transportation costs. The location of the farm highly influences the growth of a poultry farm business.Prepare A Detailed Business Plan
Once the business activity, product, and location are finalised, it is imperative to prepare a detailed business plan for getting business loans. The business plan shall include metrics like the proposed number or batches of birds, the number and cost of equipment, direct expenses like fodder, vaccination, medicines, labour cost, maintenance cost required for growing the given batch of birds, the proposed sales and turnaround, etc.Name And Register Your Business
Get your poultry farm business registered according to state laws. You can also register a trademark for your business to assure quality and uniqueness.Licences Required For Poultry Farm Business
There are various licences required to operate a poultry farming business. They are- No Objection Certificate from the landlord
- No Objection Certificate from the local Panchayat or Municipality
- Pollution Control Board Certificate
- Groundwater department licence
Equipment For Poultry Farm Business
- Automatic feeder, vaccinator, and water or
- Brooder and chick guard
- Fowl Pox vaccinator
- Brooders
- Hatchery equipment
- Infrared bulbs
- Linear feeder and waterer
- Nest boxes
- Water heaters, softeners, and filters
Lenders Offering Finance For Poultry Farm Business
- State Bank of India
- Canara Bank
- Karur Vysya Bank
- HDFC Bank
- Punjab National Bank
- IDBI Bank
- Federal Bank
- Bank of India
Investment Required For A Poultry Farm Business
The investment required for a poultry farm depends on the size of the farm.
Basic | Rs 50,000 to Rs 1,50,000 | Medium |
Rs 2,00,000 to Rs 10,00,000 | Large | More than Rs 10,00,000 |
Interest Rates On Poultry Farm Loans
Starting from 9.5% to 30% per annum.
Eligibility To Apply For A Poultry Farm Business Loan
- Age between 21 and 65 years.
- Business standing of a minimum of 1 to 3 years.
- A credit score of 650 or above.
- A viable business plan.
Documentation For Poultry Farm Business Loan
Proof of Identity | Aadhar card, Driving licence, Passport, Voter ID |
Proof of Address | Aadhar card, Utility bills, Passport |
Proof of Business | Certificate of registration or constitution Latest utility bills Any statutory registration like GST, MSME, PF, and ESI NOC from local authority, Pollution Control Board, Groundwater authority |
Proof of Income | Latest audited financial statements Latest income tax returns Last 6 months’ bank statements Business plan |
How To Apply For Poultry Farm Business Loan
Online
- Choose your preferred lender offering a poultry farm business loan.
- Visit the lender’s official website and choose the poultry farm business loan product.
- Provide the basic, business, and income details.
- The lender’s authorised representative will contact you for further steps.
Offline
You can visit the lender’s branch and make a physical application along with the supporting documents. The loan will be processed on satisfactory perusal of documents and eligibility.Note:
Poultry farm business loans are not available on Creditmantri.com. The content on this page is for informational purposes only.Conclusion
Poultry farming is a profitable business that requires minimum efforts and investments and yields maximum returns. With the right kind of business plan and approach, you can expand your business in a short period. Poultry farm business loans and government incentives can act as a great boost to the business.FAQs of Poultry Farm Business Plan
1. What is a poultry farming business?
Poultry farming is about raising a specific variety of birds for the cultivation of eggs and meat.
2. What is the approximate maintenance cost of a poultry farm for one year?
It depends on the size of the farm and the number of birds raised. It can start from Rs 100,000 and go up to Rs 7 lakhs.
3. Is the poultry farming business profitable?
Yes. A poultry farming business can earn high profits in a short period. If you have a batch of 2000 birds, it can earn you Rs 4.5 lakhs of annual profit.
4. What is the eligibility to start a poultry farming business?
There is no educational qualification prescribed for starting a poultry farming business. However, graduation in agriculture, animal husbandry, and relevant experience would be an added advantage.
5. Is a poultry farming licence mandatory?
There is no specific licence for a poultry farming business. However, obtaining NOC from the local authority, Pollution Control Board, and Groundwater department is mandatory for running a poultry farm business.