There is a high rate of consumption of eggs and chicken and that is a
sector that can be exploited. Poultry farmers can’t do without feeding
their chicken timely, because it is an asset that lay the golden egg.
The market for poultry feed is large and waiting.
An entrepreneur can
venture into feed production even when you don’t have a factory of your
own. As a matter of fact this should a testing ground for your
business. So how do you get started?
First Stage : KNOWLEDGE:
Knowledge is very important in this business, without it, your is
continuity in the business is threaten. First of all you must have a
proven feed formula that has been tested and it is sure that it can
answer to the farmers need. If you don’t have you can buy, yes I say buy
from the millers, feed production company, consulting companies. The
will sell to you, you just need to know how to negotiate and get what
you want.
Second step: MARKETING: you need to find poultry farmers who
are ready to buy your feed. It is vital that you find buyers (poultry
farmers) first before you go in to production. Failure to do so would
amount to tying down your capital.
Third Stage: MILLING: with your
proven formula, get the basic raw materials that are needed and proceed
to the millers, you can struck an understanding with them and they will
always mill for you anything you show up. The milling will be done
according to your formula. Your need to be very observant at this stage
and be present when milling is done to make sure that your formula is
strictly adhere to .
Fourth stage: BRANDING: there are companies
that will brand your sack for you, because this help you build a brand
early, even without have your own factory, so if you poultry feeds is
quite good and demand is rising there is need to protect your brand .
There
is always days of little beginning, if your proven formula is actually
genuine and it is resulting in increase in demand of your feed then you
will be getting your machines in place. it is a business that you can
start with outsourcing production and then you build your structure .
You can even start with the buyers funds.
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