3 RULES FOR STARTING YOUR OWN POULTRY BUSINESS ( Part 2)
Are you planning to start your own poultry farm? If so, then you should enter the business well prepared by considering all of its aspects. Right from setting up some basic equipment to raising the birds and marketing your business, you have to take every step wisely. Do not forget that there are many other poultry businesses. You will be competing with them.
However, if you conduct your business carefully, chances are that it will grow fast. The demand for poultry products is increasing by each day. So, there is a lot of scope for fast growth of your poultry farm despite a tough competition provided you follow some basics of the business. Your return on investment will be quick.
Here Are 3 Rules for Starting Your Own Poultry Farm
- Set Farm Location
You should think of setting your poultry farm at the most appropriate location. It is important that the location has all the necessary facilities. Try to build your poultry farm a little away from the town so that you can have the land and labor at a cheaper cost.
However, setting up the farm too far away from the nearest town will be a mistake. Remember that you need to approach a town more often to target your consumers Moreover, a location too away from city may cost you more on transportation.
- Get Financial Help
You may not be having much money at hand when starting your own farm. But setting up a poultry farm needs sufficient funding. You will be buying a lot of equipment such as feeders, drinkers, perches, lighting system, incubators, heaters or brooders, and many more. Most importantly, you need a huge amount of funds to purchase land. You will put facilities to enhance your productivity.
Moreover, you require funds also to pay salaries of your staff/laborers. So, analyse your financial requirements. Then, apply for a bank loan or try some other sources of financing your farming business.
- Spread A Word For Your Farm
You meet many people on daily basis. Tell them about your plans to start your own poultry business. Start from talking to your friends and neighbors. Visit events related to poultry farming and try to make friends with as many people as you can. You may meet some of your potential clients. Make all of them aware of your farming plans and take their advice.
When you contact people and clients, present your business card to them. This is a professional way to introduce your business. The card gives them your contact details like your phone number, fax number, and website address. They will keep your card and many of them will contact you whenever they need your poultry products.
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