Poultry Business Plan Live sample of Nigeria Youth Investment Fund 2024
Poultry Business Plan Live sample of Nigeria Youth Investment Fund 2024
- EXECUTIVE SUMMARY
Patilad Poultry Farm, is a new poultry business located in Osogbo, Osun State, Nigeria. The business is dedicated to addressing the critical issue of food shortage in Nigeria. Founded by Patrick Alabama in 2024, Patilad Poultry Farm aims to become the nation’s largest and most reliable source of high-quality eggs and poultry meat. With a mission to reduce food scarcity and a vision to dominate the poultry industry, our business is strategically poised for rapid growth and success.
Although currently in the idea stage, Patilad Poultry Farm is driven by a clear and compelling business model. We will focus on producing fresh eggs and broiler meat through efficient and sustainable farming practices. By sourcing high-quality day-old chicks, rearing them in optimal conditions, and ensuring rigorous health standards, we will deliver top-notch products to our diverse customer base, including eateries, boarding schools, hotels, and individual households.
Our team, led by Patrick Alabama as the CEO, boasts a wealth of experience and expertise. With key roles filled by professionals like COO Patrick Kemi, Accountant Eze Ngozi, and Farm Attendant Patience Favour, Patilad is equipped to navigate the challenges of the poultry industry and achieve operational excellence.
To bring our vision to fruition, we seek a grant of N5,000,000 from the Nigeria Youth Investment Fund. This funding will be utilized to acquire land, purchase battery cages, feed, point-of-lay hens, day-old chicks, and cover salaries for our dedicated staff. With this support, we will set up the business, establish a strong market presence, and ultimately expand our operations to meet the growing demand for poultry products in Nigeria.
Patilad’s Poultry Farm marketing strategy will leverage a combination of digital marketing, local advertisements, and word-of-mouth referrals to reach our target customers effectively. Our competitive pricing and commitment to quality will set us apart from existing competitors in Osogbo, ensuring customer loyalty and sustained business growth.
I have invested N300,000 in the business and I have a clear implementation plan, Patilad Poultry Farm is ready to embark on this journey to transform the poultry industry in Nigeria.
Apply for Nigeria Youth Investment Fund here https://www.fmyd.gov.ng/nyif_application
- GENERAL BUSINESS INFORMATION
Patilad Poultry Farm, is founded in Januarys 2024 and it is strategically located in Osogbo, Osun state, Nigeria. Founded by Patrick Alabama, the enterprise is positioned to address the urgent issue of food shortage in Nigeria by producing high-quality eggs and poultry meat. Although the business is new and currently in the idea stage, it is driven by a clear mission and vision that underscore its potential for significant impact and growth.
Our Vision: To becoming the largest poultry farm in Nigeria, recognized for our commitment to quality, sustainability, and community well-being.
Our Mission: Patilad Poultry Farm is set out to reduce food scarcity in Nigeria by providing fresh, nutritious poultry products to a diverse customer base.
Operating as a sole proprietorship, Patilad Poultry Farm is under the ownership and management of Patrick Alabama. The business is not yet registered with the Corporate Affairs Commission (CAC), but steps are being taken to formalize this process to ensure compliance and facilitate growth.
Apply for Nigeria Youth Investment Fund here https://www.fmyd.gov.ng/nyif_application
- PRODUCT DESCRIPTION
Patilad Poultry Farm is dedicated to producing and supplying high-quality poultry products, specifically focusing on eggs and broiler meat. Our offerings are designed to meet the diverse needs of our customers, which include eateries, school boarding houses, hotels, and individual households.
Product Offerings:
- Eggs: Patilad Poultry Farm will produce fresh, nutritious eggs from healthy, well-cared-for layers. Our eggs are intended to serve a wide range of customers, from large institutional buyers like schools and hotels to individual consumers who prioritize quality and freshness. Each crate of eggs will be competitively priced at N4,500, ensuring affordability without compromising on quality.
- Broiler Meat: Our broiler meat is raised with the highest standards of care and hygiene, ensuring tender, flavorful, and safe poultry for consumption. We will provide both whole broilers and processed cuts, catering to the varying preferences of our customers. A single broiler will be priced at N12,000, offering excellent value for money given the quality of the meat.
- ACCESS TO MARKET AND MARKETING PLAN
Patilad Poultry Farm’s market access strategy is designed to ensure a strong and consistent demand for our poultry products, leveraging various customer segments and effective marketing tactics to maximize our reach and impact.
Target Market:
- Eateries: Local restaurants and fast-food chains that require a steady supply of fresh eggs and high-quality broiler meat.
- School Boarding Houses: Educational institutions with boarding facilities that need reliable and nutritious food supplies for their students.
- Hotels: Hospitality businesses that offer dining services and require premium poultry products to cater to their guests.
- Individual Households: Families and individuals who prioritize fresh and healthy poultry products for their daily consumption.
Competitor Analysis:
In Osogbo, several established poultry farms serve the market, including:
- Ola Poultry Farms
- Afolabi Farms
- Oyinlola Agro Ventures
- Adeolu Farms
- Sunshine Poultry Farms
Marketing Strategies:
- Digital Marketing
- Networking and Partnerships
- Local Collaborations
- Paid Advertising
Apply for Nigeria Youth Investment Fund here https://www.fmyd.gov.ng/nyif_application
- MANAGEMENT STRUCTURE
The management structure of Patilad Poultry Farm is designed to ensure efficient operation, strategic decision-making, and effective leadership in achieving our business goals. The key members of our management team are as follows:
- Patrick Alabama – Chief Executive Officer (CEO)
- Profile: Patrick Alabama is the founder and CEO of Patilad Poultry Farm. With seven years of experience in the poultry industry, Patrick brings a wealth of knowledge and expertise to the business. His vision and strategic leadership have been instrumental in establishing the Poultry venture as a promising new venture in the poultry sector.
- Patrick Kemi – Chief Operating Officer (COO)
- Profile: Patrick Kemi is an experienced operations manager with five years of experience in the agricultural sector. Her background in managing large-scale farming operations makes him a valuable asset to the Patilad team.
- Eze Ngozi – Chief Financial Officer (CFO)
- Profile: Eze Ngozi is a seasoned accountant with ten years of experience in financial management. Her expertise in financial planning, budgeting, and accounting is crucial for maintaining the financial health of Patilad .
- Patience Favour – Farm Manager
- Profile: Patience Favour is an experienced farm manager with fifteen years of experience in poultry farming. Her extensive knowledge of poultry care, feeding, and disease management is vital to the success of our farm operations.
- FINANCIAL INFORMATION AND PROJECTIONS
Patilad Poultry Farm is committed to establishing a financially sound and profitable poultry business. Initial Investment and Funding Requirements
To kick-start the poultry business, Patilad requires an initial investment of NGN 5,000,000. This funding will be sourced through the Nigeria Youth Investment Fund (NYIF) as a grant. The breakdown of the required funding is as follows:
- Land Acquisition: NGN 1,500,000
- Battery Cages: NGN 1,200,000
- Feed: NGN 800,000
- Point of Lay Chickens: NGN 600,000
- Day-old Chicks: NGN 400,000
- Salaries and Wages: NGN 500,000
Total N5,000,000
Sales Projection
| Year 1 |
N10,000,000 |
Year 2 |
N15,000,000 |
Year 3 |
N30,000,00 |
Poultry Business Plan Live sample of Nigeria Youth Investment Fund 2024
- IMPLEMENTATION SCHEDULE
Month 1: Initial Setup and Planning
- Secure funding from NYIF
- Acquire land for the poultry farm
- Purchase battery cages and other necessary equipment
Month 2: Facility Preparation
- Install battery cages and set up the farm infrastructure
- Prepare housing and feeding systems for the poultry
Month 3: Stocking and Initial Operations
- Purchase and stock point of lay chickens
- Begin feeding and care routines for the poultry
- Hire and train farm staff
Month 4-6: Production Ramp-Up
- Start egg production and monitor productivity
- Implement marketing strategies to reach target customers
- Establish distribution channels for eggs and poultry meat
Month 7-12: Full-Scale Operations
- Achieve steady-state production levels
- Expand marketing efforts to increase customer base
- Monitor financial performance and adjust strategies as needed
Year 2: Growth and Expansion
- Increase production capacity by adding more poultry stock
- Explore new market opportunities and partnerships
- Invest in additional equipment and technology to improve efficiency
Year 3: Consolidation and Market Leadership
- Strengthen brand presence and market share
- Optimize operations for higher profitability
- Plan for further expansion and potential new product lines
Long-Term Goals (1-3 years)
- Establish Patilad Poultry Farm as a leading poultry supplier in Osogbo and beyond
- Achieve sustainable growth and financial stability
- Contribute significantly to reducing food shortages in Nigeria
Apply for Nigeria Youth Investment Fund here https://www.fmyd.gov.ng/nyif_application
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