Looking to start a poultry business from scratch? Or do you need a sample poultry processing plant business plan template? then I advise you to read.
Close observation of the poultry sector value chain reveals that poultry processing appears to be the most profitable business simply because it may take longer after processing any food product. For example, processed tomatoes last longer than fresh tomatoes which are simply harvested and stored in the refrigerator or outside.
The truth is, if you have the financial capacity to start a standard business, the best way to start a business is a food processing plant – simply because of the high demand for processed foods around the world. It is known that those in the food industry do well compared to their peers in the same sector, but are not in the food industry.
For example, those who process fruits are known to make more profit than those who only grow fruits.
So if you are interested in the poultry business, you have to pay to start your own poultry processing plant if you really want to become big in the industry. Even poultry farmers are advised to expand their business, not only to breed birds, but to own their own poultry processing plant.
Now let’s take a quick look at some of the steps you need to take to be able to start your own poultry processing plant from scratch and then build it to become a global brand;
Starting a Poultry Processing Plant – Sample Business Plan Template
1. Feasibility studies are very important
The most basic thing that any aspiring entrepreneur needs is the discipline to conduct feasibility studies before starting any business they choose – in fact, feasibility studies contain all the details that will help an aspiring entrepreneur make the right moves. business decisions.
For example, a report from a feasibility study can help you decide whether or not to find a partner for a partner. investors or go it alone, and this can also determine whether you are ready to do business or not. The truth is, money and a good idea are not enough to start a new business; the community in which you are going to start a business must have your services or products.
2. Develop a workable business plan
If you take the time to conduct a thorough feasibility study, as well as properly analyze the feasibility report, you will have less difficulty in developing a viable poultry processing business plan. Indeed, most of the work was carried out within the framework of your research and feasibility studies.
Therefore, make sure you have a workable business plan before you start your own poultry processing plant. You are not expected to create the perfect business plan before starting your business; Just make sure you capture the idea on paper so that anyone reading it will immediately understand the business concept.
3. Increase your starting capital
The poultry processing plant can be considered very profitable, but it is still a capital intensive business. Therefore, when developing your business plan, make sure that you develop strategies to raise the start-up capital necessary to set up a standard poultry processing plant in the ideal location.
If you are privileged to have friends and family who believe in your business ideas, they can help you raise the funds you need. But if you have a fantastic business plan, you won’t have a hard time raising the funds to start your own poultry processing plant. In fact, you can access loans and grants from government agencies, whose purpose is to encourage a multitude of investors and entrepreneurs to get into farming.
4. Register your business and obtain the required permits. and license
Once you are sure that you need to start your own poultry processing plant, you need to go through the whole process of registering your business. You can contact your country’s corporate affairs committee or the agency responsible for business registration and start the process.
You can also pay a lawyer to help you. Once you have obtained your business license, you can apply for and obtain the necessary permits to operate a food processing plant. Visit your local authorities to find out the requirements in your country.
5. Rent or buy suitable premises
You will need a space to operate your poultry processing plant and it should not be located in a residential area. So be sure to speak with your real estate agent to help you find suitable premises in an area that has a poultry processing plant and other related businesses / factories. Just make sure your facility has enough running water and a clean environment.
6. Purchase the necessary equipment
In the food industry, hygiene is very important and that is why a government health official will first inspect your facility and equipment before you can get a license to start a business. Therefore, when purchasing the required equipment, make sure that it meets the industry standard.
Some equipment you will need to operate your own poultry processing plant; automatic killing equipment (used to slaughter chickens / birds), collection equipment (used to pluck feathers) and offal removal equipment (used to open chickens and remove unwanted internal parts).
7. Package and sell processed chickens
If you pay attention to commercial TV ads, you will find that what gives a business an edge over the competition might not necessarily be the packaging, so be sure to take the time to think about ways. creative ways to package the processed chicken. bird. If you can get your packaging right, you’ll have less trouble promoting your product.
Here you have it; 7 steps to starting your own poultry processing plant from scratch.