GOAT REARING & BY-PRODUCTS BUSINESS PLAN IN NIGERIA
Goat is a multi-use animal which is reared for its meat (chevon).
In many parts of the world, goats are raised for meat production, milk production, wool and leather production.
The goat rearing business brings a lot of profit, it is a business known for its high yields, many people around the world are making a good amount of money with this business.
Goats produce about 2% of the world’s total annual milk supply. Some goats are bred specifically for milk.
Goat milk naturally has small, well-emulsified fat globules, which means the cream will stay in suspension for a longer period of time than cows’ milk.
Goats’ milk is highly nutritious, contains essential vitamins and minerals (and higher amounts of potassium, iron and vitamin A than cows’ milk and is an ideal food for the whole family to enjoy.
Mild and smooth tasting it is drunk by more people around the world than cows’ milk. Goat’s milk is naturally lower in cholesterol than cow’s milk and the skimmed and semi-skimmed options make good alternatives.
Goats’ skins are equally useful for humans and it can be categorized into tanned and non tanned.
Tanned leather from goatskin is considered and is commonly used to make rugs and carpet binding.
Non tanned goatskin is used for parchment or for drum heads or sounding boards of some musical instruments.
EXECUTIVE SUMMARY OF GOAT REARING & BY-PRODUCTS BUSINESS PLAN IN NIGERIA
G&V goat farm is a registered and licensed livestock farming company that is based in Ogbomosho Osun state Nigeria.
We have done comprehensive market research and feasibility studies and we were able to secure a hundred acres of land to start our livestock breeding business.
Our livestock breeding business is a standard one that is involved in the commercial breeding of goats and other livestock.
We are also involved in boarding services, breeding services, dairy support services, livestock health services, furrier services, and shearing services etc.
Within the first few years of running G&V goat farm we will start our own meat processing branch of our business and also start exporting our products to other parts of the world.
We have also gone the extra mile of employing some experience and high skilled employees who are also undergoing training in other to be equipped with 21st century Goat farming breeding knowledge.
At G&V goat farm we are working with people that are qualified, certified, hardworking, dedicated, customer-centric and are ready to work to help us build a prosperous business that will benefit all the owners, workforce, and customers.
It is important to note that, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the management of the farm.
PRODUCTS AND SERVICES OF OUR GOAT REARING & BY-PRODUCTS BUSINESS PLAN IN NIGERIA
G& V goat rearing and by-product company is a licensed livestock farming business that is committed to goat farming and meat processing and packaging in Nigeria and for the global market.
We also produce related raw materials for industries in commercial quantities.
We will ensure that we operate a standard food processing plant as part of our complimentary business offering.
Here are the areas we will concentrate on in our livestock farming business.
If need arises we will definitely add more related animal breeding services to our list;
- Breeding services
- Dairy support services
- Livestock health services
- Furrier services
- Sale and export of cotton wool and other dairy products
- Shearing services
- Livestock farming related consultancy and advisory services
Our Vision is to become the number 1 livestock farming brands not just in Nigeria but in Africa at large.
Our Mission is to sell our produce (goats), byproducts and processed meat in commercial quantities both locally, nationally and internationally.
We want to build a livestock farming business that can favorably compete with other leading livestock farming brands not only in Nigeria but in Africa at large.
MAIN MATERIALS AND EQUIPMENT NEEDED TO CREATE PRODUCTS ON OUR GOAT REARING & BY-PRODUCTS BUSINESS PLAN IN NIGERIA
LAND AREA FOR THE GOAT FARMING PROJECT
For the installation of the goat pens, an area with a capacity large enough to house the goat and their needs is required.
An assessment on how suitable the land will be for the housing of the goats has been conducted and the pen is sited in an area that has access to good roads to minimize transportation costs. This also give the our employees easy access to and from the goat farming site.
This also is a factor that is available in its purest form to both human and animals for their consumption and usage; this is achieved by drilling boreholes and digging wells, or channeling water from water bodies like dams and rivers.
And in a case where we are occasional faced with scarcity of water, a reservoir has been built.
Goats are liberal animals and will tend to try to leave the farm, we in G&V Goat farm checked this with the erection of fences, and these fences also serve as a barrier and protect the goats from predators and thieves.
Goats are browsers and don’t do much of grazing, but still, they need pastures to graze on, they still need to be paddocked. G& V farmers has adopted a rotational grazing method on his paddock to avoid over-usage of pasture and the growth of forage that is not desired for the consumption of the livestock by the farmers.
This means that we allow our goats to graze on one pasture while the other pasture is left to fallow.
HOUSING AND EQUIPMENT FOR THE GOAT FARMING PROJECT
Good housing is very important towards attaining success and also a factor for profitability in the goat farming business.
The housing isn’t cost-bearing as goats adapt very well to different environments, but should always have good ventilation and a dry floor.
The housing provides shelter from sun, rain and other atmospheric conditions. Extreme temperatures reduce the productivity of goats.
Poor ventilation may allow the circulation of harmful gases which might lead to respiratory problems.
The materials that can be used for the construction of goat pens for your goat farming project can vary from clay bricks, woods, concrete blocks to any other suitable materials that can act as a fort against environmental hazards.
Irrespective of the material used to construct the goat pens, we ensure that enough space is available for the goats coupled with proper ventilation
Feeders and drinkers is made available for the feed and water for the goats to reduce wastage of food and water.
BREEDING STOCK FOR THE GOAT FARMING BUSINESS
We in G&V Goat farm understand the need for breeding stock for the rearing of goats for profit.
The breeding stock consists of male goats which are known as bucks or billy-goats, and female goats which are known as nanny-goats.
When choosing breeding stock for our goat farming business, we are careful of the history of the goats mostly in terms of health complications, fertility, characteristics and reproduction capabilities.
We purchase the breeding stock from goat farmers who already are notable for owning breeds with nice qualities in the goat production business.
The goats which we choose will be strong with an overall appearance of good health because the growth of the kids depends largely on the quality and characteristics of the parent stock.
Therefore we make sure buy a good goat breeding stock from reliable goat farmers.
RISKS ANALYSIS AND MITIGATION ON GOAT REARING & BY-PRODUCTS BUSINESS PLAN IN NIGERIA
- Lack of Practical Knowledge about the rearing of goats
- Right Breed Selection through poor breeding stock selection
- Starting Without Prior Experience
- Lack of Capital to start on a large scale
- Lack of Adequate Vet Services
- Lack of Specially Designed Vehicles to transport the goats for the buyers
- Marketing Difficulties.
TO MINIMIZE RISK
- Provisions will be made for consultancy and advisory services as regards breeding stocks selection; this will enhance the growth of the business
- The farm will connect sponsors and intending goat farm owners/banks as a means of providing funds.
- The farm will make provisions for delivery vehicles to transport goats and it’s by products to the buyers.
For the full details of our template or customized business plans which contain standard business plan table of contents such as Executive summary, business description, industry overview/trends, products and services, marketing analysis, sales and marketing strategy, organizational/ management structure ,SWOT and PEST analysis,financial plan.
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