how to start a poultry feed mill business in 2021
Do you want to start a poultry feed mill? If YES, here is a complete guide to starting a poultry feed mill business with NO money and no experience plus asample poultry feed mill business plantemplate. One of the best things that you could possibly do to yourself is to start a business that would give you good returns. The poultry feed mill business is one of such ventures.
A poultry mill is a production facility where different poultry mashes are produced like layers mash, pre-layers mash, growers mash, broilers starter and finisher et al. Poultry feed mill is known to be a profitable business that has evolved from small scale to a global industry in most countries where it is carried out.
Countries like United Kingdom, Brazil, Greece, Philippines, China, Japan, Thailand, Caribbean countries and even South American Countries have been producing poultry feeds on large scales for a long time. united states isnt far from the trade as there are lots of people who are making huge fortune from running their own poultry feed mill.
This is a business that is open to aspiring entrepreneurs especially those that live around poultry farm communities or close to a farming community or poultry feed hub. All you need to get started is a well positioned and government approved facility, steady supply of grains and of course, knowledge of running the business.
It is imperative to point out that this business cant go out of fashion because of the role it plays in the poultry farming industry. Depending on the scale you want to start, the startup capital for this type of business can be considered to be moderate. As a matter of fact, you can start your own poultry feed mill and then grow it big within a short period of time by re-investing your profits back to the business.
Before launching this type of business, it will do you well to carry out your market research, economic and cost analysis and of course feasibility studies. If you get things right before launching your poultry feed mill business, it will not take you long before you break even and start smiling to the bank. To sum up, before launching your poultry feed mill, ensure that you read this article and you will be well equipped.
A poultry feed mill business is not a difficult business to start and it is not so capital intensive especially if you choose to start on a small scale within your neighborhood especially if you live in or around a poultry farm community. Producing the right poultry feed that people want to buy and having good distribution network are the secrets of running a poultry feed mill business.
The Animal Food Production Industry is indeed a large industry and pretty much active in a lot of countries. Statistics have it that in the United States of America alone, there are about 3,757 licensed and registered poultry feed mills responsible for employing about 52,814 people and the industry rakes in a whooping sum of $64 billion annually. The industry is projected to enjoy 0.3 percent annual growth within 2012 and 2017. The establishments in this industry that have a dominant market share in the United States of America are Cargill Inc., Mars Inc. and Nestle.
A recent report published by IBISWorld shows that the Animal Food Production industry is in the mature stage of its life cycle and it is characterized by industry products that have achieved market acceptance, limited opportunities for technological innovation and a stable number of establishments entering and exiting the industry.
The report also shows that the industrys overall contribution to the overall economy, measured by industry value added (IVA), is projected to rise at an annualized rate of 4.4 percent over the 10 years to 2022. GDP is projected to grow at an annualized rate of 2.0 percent over that same period. The number of establishments is expected to rise over the 10 years to 2022 at an annualized rate of 2.6 percent.
The poultry feed mill business will continue to blossom because poultry birds will always eat in order to stay alive, grow and procreate. Despite the fact that the industry seems relatively saturated, there is still room big enough to accommodate aspiring entrepreneurs who intend opening their own poultry feed mill in the United States of America.
Some of the factors that encourage entrepreneurs to start their own poultry feed mill business are that the business is a thriving business that is easy to setup and manage with minimal startup capital and manpower.
One of the basic things you need to put in place to effectively run your poultry feed mill is to know the exact nutrient and the proportion needed for the various birds. The truth is that if you get the mixture wrong, it will affect the birds and they might have stunted growth, their egg production might drop and in some cases, it might lead to their death. That is why you must acquire some level of training and education to be able to effectively run your own poultry feed mill.
If you get some key factors wrong before starting your poultry feed mill business, then you are likely going to struggle to stay afloat. But over and above, poultry feed mill business is a thriving and profitable business especially if you are ready to take on the available market within the location where your business is located.
It is essential to state that there is no known niche area when it comes to poultry feed mill line of business because the business falls under the animal food production industry. Every player in this line of business usually produces a wide range of poultry feeds.
The rivalries that occur in the Animal Food Production industry goes beyond competitions amongst poultry feed mills within your location; you will have to contend with other players in the animal food production industry that is also into milling poultry feed. So, it will be right to say the competition in the poultry feed mill line of business is relatively tough.
No matter the level of competition in an industry, if you brand and promote your products or business appropriately, you will always make progress in the industry. Just ensure you are into the production of a wide range of healthy and highly nutritional poultry feeds and you know how to reach out to your target market.
But over and above, there are several poultry feed mills scattered all around the United States. So, if you choose to start your own poultry feed mill business in the United States, you will definitely meet stiffer competitions amongst poultry feed mills within and outside your business location. Besides, there are larger poultry feed mills that determine the trends in the industry and you should be ready to compete with them for customers.
It is a fact that in every industry, there are always brands that perform better or are better regarded by customers and general public than others. Some of these brands are those that have been in the industry for a long time, while others are best known for how they conduct their businesses and the results they have achieved over the years.
If you are on the way to launching a profitable business, then you need to ensure that you get your economic and cost analysis right and try as much as possible to adopt best practices in the industry you choose to build a business in.
Poultry feed mill business is not a Green business as you will come across several poultry feed mills or their products in livestock feed stores when you go shopping for poultry feeds. So, if you are plotting out your economic and cost analysis, you should carry out thorough market survey and costing of the required amount needed in renting or leasing a facility, building a standard poultry feed mill and the amount needed to get supplies of grains and nutrients and also the cost to successfully run the business.
If you are looking at a maiden poultry feed mill, you would have to start from the very scratch because you can hardly get the franchise of a poultry feed mill to buy, if you do, it will be way too expensive. Besides starting a poultry feed mill from the scratch is less stressful when compared to other similar businesses which usually requires detailed groundwork before launching the business.
Please note that most of the big and successful poultry feed mills around started from the scratch and they were able to build a solid business brand. It takes dedication, hard work and determination to achieve business success and of course you can build your own poultry feed mill brand to become a successful brand in the United States.
If you choose to start your own poultry feed mill business today, one of the major tests you are likely going to face is the presence of well established poultry feed mills whose products can be found in livestock stores all across the United States of America. The only way to avoid this challenge is to create your own market.
Some other encounters that you are likely going to face is economic downturn; if the economy is in bad shape, businesses such as poultry feed mills and the likes usually struggle to maintain their old customers or even welcome new customers. unfavorable government policies can also hamper the growth of your poultry feed mill. There is nothing you can do as regards this threats and challenges other than to stay positive that things will work well for you.
When considering starting a poultry feed mill business, the legal entity you choose will go a long way to determine how big the business can grow; some poultry feed mill design their business for neighborhood market, some for city wide market, while others for national market.
You have the option of either selecting a general partnership, Limited Liability Company, or even a sole proprietorship for your poultry feed mill. Ordinarily, sole proprietorship should have been the ideal business structure for a small scale poultry feed mill especially if you are just starting out with a moderate startup capital in a small neighborhood. But people prefer limited liability Company for obvious reasons.
When it comes to selecting a name for your business, you should be inventive because whatever name you choose for your business will go a long way to generate an awareness of what the business represents. Usually it is the norm for people to follow the trend in the industry they intend operating from when naming their business.
In the United States and in most countries of the world, you cant operate a business without having some of the basic insurance policy covers that are required by the industry you want to operate from. So, it is important to create a budget for insurance and perhaps consult an insurance broker to guide you in choosing the best and most appropriate insurance policies for your poultry feed mill business.
If you are considering starting your own poultry feed mill business, usually you may not have any need to file for intellectual property protection/trademark. This is so because the nature of the business makes it possible for you to successful run it without having any cause to challenge anybody in court for illegally making use of your companys intellectual properties.
When it comes to poultry feed mill business, you do not need to have any formal training or special certification before you can be allowed to start a poultry feed mill business. All you need is informal training that will expose you to the in and out of effectively running a poultry feed mill business.
The essence of having the necessary documentation in place before launching a business in the United States of America cannot be overemphasized. It is a fact that you cannot successfully run any business in the United States without the proper documentations. If you do, it wont be too long before the long hand of the law catches up with you.
Starting a poultry feed mill business can be cost effective particularly if you choose to start on a small scale. Securing a standard poultry feed mill is part of what will consume a large chunk of your startup capital, but if you choose to start the business on a large scale, you would need to go source for fund to finance the business because it is expensive to start a standard large scale poultry feed mill business with over a dozen full-time employees under your payroll.
When it comes to financing a business, one of the first things you should consider is to write a good business plan. If you have a good and workable business plan document in place, you may not have to labor yourself before convincing your bank, investors and your friends to invest in your business.
When it comes to choosing a location for your poultry feed mill, the rule of thumb is that you should be guided by zoning and of course the demand for such products and easy access to wholesale purchasing of a wide range of grains and nutrients and packaging materials from different manufacturing brands.
Depending on the scale that you are looking to start on, you may also consider starting from the comfort of your home. It cannot be overemphasized that the location you chose to open your poultry feed mill business is key to the success of the business, hence entrepreneurs are willing to rent or lease a facility in a visible location; a location where the demography consists of poultry farmers
Most importantly, before choosing a location for your poultry feed mill, ensure that you first conduct a thorough feasibility studies and market survey. The possibility of you coming across similar business that just closed shop in the location you want to open yours cant be ruled out.
On the average, there are no special technology or equipment needed to run this type of business except for poultry feed equipment such as grinders, blenders and mixers, pelleters, steam boiler, scales, sifters, bag sewers, packaging and other safety gears that can be found in a poultry feed mill. So also, you will definitely need computers, internet facility, telephone, fax machine and office furniture amongst others and all these can be gotten as fairly used.
As regards leasing or outright purchase of a production facility, the choice is dependent on your financial standing, but the truth is that to be on the safe side, it is advisable to start off with a short term rent/lease while test running the business in the location. If things work out as planned, then you go on a long term lease or outright purchase of the property but if not, then move on and source for other ideal location/facility for such business.
When it comes to hiring employees for a standard poultry feed mill business, you should make plans to hire a competent Chief Executive Officer (you can occupy this role), Admin and Human Resources Manager, Merchandize Manager, Mill/Production Manager, Machine Operators, Sales and Marketing Offices, Truck Drivers, Accounting Clerk and Cleaners. On the average, you will need a minimum of 5 to 10 key staff members to run a small scale but standard poultry feed mill business.
The business services process involved in poultry feed mill business start with coming up a winning formula and purchasing the raw materials you need to produce high nutritious poultry feed. These are some of the ingredients you would need to produce a good poultry feed; maize, oyster shells, soybean, wheat offal, minerals, common salt, corn, wheat, and amongst others.
The ingredients are sorted out, mixed with the right proportion and then grinded with a grinding machine or mashed to achieve the desired texture that will make it easier for the birds to eat and digest. You would have to engage your animal nutritionist and quality control officers at every stage so as to manufacture healthy and nutritious feeds for different species of poultry birds.
When you are done with grinding or meshing the ingredient, the next step is to package/baggage your poultry feed and get them set for distribution. It is always best to follow the standards of most successful products out there. As a matter of fact, one of the things that will give you an edge in the market place is your packaging and branding, so ensure that you pay attention to your packaging.
The composition of your poultry feed must be clearly stated in every pack and it must be well labeled. By doing this, your packaging will become so attractive whenever a person comes across your product in the market for the first time.
You would have to develop a unique marketing strategy as a newbie in the poultry feed business if indeed you want to make good returns on your investment. The probability of competing with other poultry feed producers cannot be ruled out especially if you are operating your business in an area notable for hosting loads of poultry farmers.
As part of what you need to do to win your own share of the existing market in your area, you would have to come up with a nice packaging concept for your poultry feed; you can set the pace for others to follow. People and organizations will patronize poultry feeds from you if they know that they are going to get the best and of course value for their money.
Your marketing strategy will center on quality, pricing and above all excellent customer service. You should ensure that whenever your customers visit your poultry feed mill, they should be rest assured that they will get quality products and excellent service. The truth is that if you are able to put the above stated in place, you wont struggle to retain your old customers and at the same time win over new customers.
Businesses these days are aware of the power of the internet, which is why they will do all they can to maximize the internet to market their services or products. In other words, a larger percentage of your marketing effort will be directed to internet users; your website will become your number one marketing tool.
If you are in business and you are not conscious about boosting you brand awareness and communicating your corporate identity, then you should be ready to take on whatever the society portray your business to be.
If your intention of starting a poultry feed mill business is to grow the business beyond the city where you are going to be operating from to become a national and international brand by opening chains of distribution networks, then you must be ready to spend money on promotion and advertisement of your brand.
No matter the industry you belong to, the truth is that the market is dynamic and it requires consistent brand awareness and boosting cum promotion to continue to appeal to your target market. Here are the platforms you can leverage on to boost your brand awareness and create a corporate identity for your poultry feed mill;
livestock feed mill business plan [sample template for 2021]
Are you about starting a livestock feed mill? If YES, here is a complete sample livestock feed mill business plan template & feasibility report you can use for FREE. Okay, so we have considered all the requirements for starting a livestock feed mill business. We also took it further byanalyzing and drafting a sample livestock feed mill business marketing plan template backed up by actionable guerrilla marketing ideas for livestock feed mills. So lets proceed to the business planning section.
Starting a livestock feed mill business can be regarded as a big and lucrative business especially if you are grounded in managing a business and are able to use the dynamics to run your business successfully. For your business to be however successful, you might need to locate your livestock feed business in an area where there is an abundance of livestock as well as agricultural inclined customers.
Depending on the kind of customers you are likely to have, you might need to custom mix the feed from your feed mill so that you can deliver the feed products to your customers. While the livestock feed business might be one where you would need to supplement your income with other revenue generating sources, it is still a good business to start up.
Before starting this kind of business however, you would need to consult a business consultant who would be in the best position to let you know how successful your business is likely to be. Another aspect that is very important when starting any business is having a business plan.
Writing a business plan might look intimidating especially regarding the aspect that deals with finances. There are however options available if you want a comprehensive business plan for your business. The options are seeking the services of a business plan writer to write out a good business plan for you or going online to seek for free business plan templates to act as a guide to writing your own business plan. It is for this reason that a sample livestock feed mill business plan template has been prepared below;
The economic value of animal agriculture in the united states of America is very huge as it has provided more than 2.3 million jobs for the economy. The monetary value amounts to $440.7 billion, with $21 billion from household incomes.
There are nearly 6,000 feed mills in the United States of America and out of this number nearly 950 produce feeds that are medicated in nature, while nearly 545 produce pet foods. The raw materials used in producing feeds are corn, barley, wheat, oats, sorghum, soybean meal, corn silage production, hay, and alfalfa.
The livestock feed industry is valued at $32 billion annually. However, this industry has experienced a slow decline between the periods of 2011 and 2015, as there have been dramatic spikes in the prices o ffeeds and also increased demand from wholesale farm suppliers.
Globally though, the rise in population has caused an increase in meat demand which has also caused more feed mills to produce feeds to meet with the growing demand by livestock farmers. The revenue for the periods of 2016 to 2021 is therefore expected to increase.
Most livestock feed mills have been established close to where the source of raw materials and major transportation hubs are so as to have less operating costs and therefore offer feeds cheaper to its various customers. The past five years has seen top manufacturers in this industry concentrate most of their operations in a small number of sites using automatic equipment and a continuous operation that produces significant economies of scale.
Most of the products produced are often transported in bulk to the various destinations across the country. The population growth trend is consistent with the increasing trends across other industries in the food and agricultural sector.
Livestock Feeds and Mo Inc is a leading and standard livestock feed mill business located here in San Antonio Texas in the United States of America with an aim to cater to various customers in the agriculture industry. We intend to produce quality livestock feeds for our various customers not only here in San Antonio but all over the United States of America as well.
We however intend to ensure that we create multiple sources of income by offering products and services such as feed delivery merchandise, agricultural educational programs, boarding stables, consultancy and advisory services and agricultural tools and implements.
Our vision is to ensure that we offer our customers feeds on time for their livestock without compromising on the quality of the feed. We intend to become the preferred livestock feed business here in San Antonio Texas and amongst the top three in the United States of America by 2021.
As we are in business to favorably compete against other livestock feed mill businesses, we intend to go the extra mile in ensuring that we get the finest professionals that will ensure that we are able to attain all our goals and objectives.
Our management team were carefully picked by the chief executive officer due to not only their experience and capability but also due to the understanding of our corporate goals and policies as well as an intention of ensuring that they are committed and willing to ensure that these goals are achieved.
Our employees work in an environment that is not only easily accessible but also conducive as well. We will ensure that our employees are well paid and that they receive great welfare and incentive packages that will boost their morale and make them become more dedicated to ensuring that all our goals and objectives are achieved.
We will also ensure that our employees are well trained in line with industry trends. We will also ensure that they attend seminars and conferences that will not only make them have enhanced skills but also improve the productivity rate of the organization.
Finally, our Chief Executive Officer, Mr. Benteen Calder and his wife havethe needed experience and management expertise that will not only boost the growth of our organization but also ensure that we sustain and expand our business at a pace suitable for us.
Livestock Feeds and Mo Inc intends to deal in livestock feeds by setting up livestock feed mills that will see us being able to cater to all the needs of our various customers here in San Antonio Texas.
However, because we do not intend to be entirely dependent on one source of income, we intend to create multiple sources of income that will be in line with our core service. We will sell agricultural tools and implements, offer agricultural educational programs as well as consultancy and advisory services.
We intend to through this make as much profits as we can from the agribusiness sector in the agriculture industry and according to the permissible laws of the United States of America. Our products and services include;
Building the right business structure is very important to us as a business especially as we intend to stand out in the industry and compete favorably against our competitors. We are therefore willing to go the extra mile in ensuring that we make plans and build structures and processes that will enable us to build the right business structure that will make our business become one to be reckoned with.
We intend to do all we can to ensure that we employ competent and proficient hands to handle all the various positions and roles that will enable our company achieve its vision and objectives. We will ensure that our management team thoroughly understand their roles and delegate duties when necessary in order for the company to move forward and grow.
Even though running a conventional livestock feed mill business might be simpler for us as a start-up, we would not be running something conventional and this is due to the various additional services and products that we will sell in order to have multiple sources of income.
Starting a livestock feed mill here in San Antonio might look like an easy business to start up, but there are several factors that we need to take into consideration; which is why we have engaged the services of a business consultant to look through our business concept and determine if we had what it takes to make it in this business.
The business consultant used our strengths, weaknesses, opportunities and threats to determine if we were likely to make it in this business. Therefore the SWOT analysis that was conducted on behalf of Livestock Feeds and Mo Inc are;
We have several strengths going forward in this business. Our location for one in San Antonio Texas is very strategic as it allows our customers to easily access us conveniently. The fact that we are also offering other services in addition to our core service is another strength for us.
We have also employed employees that are not only proficient but also highly experienced and understand how best to grow our business from a start-up to a force that will be reckoned with nationally. Finally, our chief executive officer is highly experienced and possess all the attributes needed to make our business not only stand out and compete favorably against our competitors but also succeed in this business as well.
Due to the fact that we are relatively a new business, there are several weaknesses we are battling with such as low finances to run all the services we intend to run as well as few staff strength. Also, the fact that we are still unknown will mean we will need to deploy strategies that will likely make us become more visible to our target market.
The fact that not only livestock farmers make use of livestock feeds is a great opportunity for us in this business. We are however conducting more market researches that will allow us be aware of the more opportunities available to our business.
The threats that we are likely to face when starting or running this business will result from having another competitor offering the same services arriving in the same location as us; also, an economic downturn will likely cause livestock farmers to want to produce their own feeds, thereby not allowing them to patronize us as they should.
The livestock feed mill industry consists of animal feed producers who make food for livestock. Materials that are often used are remnants of flour milling, sugar production as well as other food materials that are integral to the production of livestock feed.
The activities in this industry usually include cubed alfalfa, cattle feeds, barley feeds, chicken feed, turkey feed, swine feed, cubed hay, dairy cattle feed, and custom grain grinding for animal feed. In most animal feed businesses, generating revenue is usually from diversification of products and services. This is so as to achieve substantial growth.
As long as there is livestock farming, there will always be those who demand feeds for their livestock. While on the average we would be catering to livestock farmers, we cannot categorically say that these will be only those that we will cater to, which is why we would be conducting a market research to enable us determine who our target market is so that we would have an idea of the marketing strategies that we would create in order for it to be effective.
Another reason for conducting this market research is so that we would also have an idea of what our intending target market would be expecting from us. From our findings, we are in business to sell our products and offer our services to the following groups of people;
Our intention of starting a livestock feed mill business is so as to offer our various customers quality livestock feeds on time without compromising on the quality of these feeds. We intend to become the preferred livestock feed business here in San Antonio Texas and amongst the top three in the United States of America by 2021. However in order for us to be able to achieve this, we intend to lay out strategies that will allow us compete favorably against our competitors.
We are going to ensure that we build feed mills that will be able to meet all the demands from our various customers. Our intention of building these feed mills is so that no matter what demands will be made, we would still be able to meet them.
Another competitive advantage that we will have over our competitors is the vast experience of our management team. Our management team is filled with professionals who understand the industry thoroughly and know how best to ensure that our business is able to attain all its goals and objectives. Our management team also understand how best to communicate our policies to other employees in such a way as to ensure that everyone is carried along.
Our employees are those that are not only proficient but also capable and dedicated in carrying out all the needed tasks with as little supervision as possible. Our employees have also adopted an excellent customer culture that ensures that all our customers are always attended to and earn a high sense of satisfaction that will allow us retain a high percentage of these customers.
Finally, we intend to ensure that all our employees are well paid, better than other employees in similar start-ups such as ours here in San Antonio. We also intend to give them great welfare and incentive packages that will ensure that they remain motivated to working for our company. We will also ensure that our employees undergo the necessary training that will enhance their skills and boost productivity for our business.
Livestock Feeds and Mo Inc is a livestock feed mill business that intends to offer livestock feed to all our various customers with the sole aim of generating revenue and maximizing profit in the agriculture cum agri-business industry here in the United States of America.
We are going to also offer additional services to our wide range of customers that will see us generate more income and make more profit. We at Livestock Feeds and Mo Inc therefore intend to generate income by selling the following;
San Antonio is one of the largest cities in Texas with a population of more than 1.5 million citizens, with about 30% into livestock farming. The location therefore has us well positioned to cater to all our intending and existing customers. This also has us confident of the fact that we would not only generate enough revenue but that we will break even and make profit in our first year of business that will grow and sustain our business.
We have also taken a critical look at the agricultural cum agribusiness industry in order to analyze our chances at making it in the business we intend to start up. The sales forecast we therefore came up with is one that was gotten after using several assumptions and data from similar start-ups such as ours here in San Antonio Texas.
N.B: It should be noted that the above sales forecast was done based on the statistics obtained from the industry and on the assumptions that there wont be any major economic meltdown that would see farmers preparing their own feed and that no competitor would be arriving at the same location as ours during this three year period. Should any of the assumptions or data change, there would be an increase or decrease in the stated figures.
Because we intend to sustain and grow our livestock feed mill business, we would take our marketing goals very seriously in order to ensure that we deliver on our corporate goals and objectives. Marketing for us is a means of generating revenue as well as creating awareness for our products and services.
In order therefore to create the right marketing strategies that would suit our business, we intend to therefore conduct a market survey that will allow us understand who our target market is, what they want from us, and how best to penetrate the available market and position our business to grow and effectively compete against its competitors. We would be using detailed data and information that was gotten from similar businesses such as ours here in San Antonio Texas.
We would be engaging the services of a reputable marketing consultant who understands the industry well to help us craft effective marketing strategies that will allow our livestock feed business to win a large share of the target market not only here in San Antonio but throughout the United States of America as well.
We also intend to ensure that our marketing and sales team ensures that marketing strategies crafted fully align with our corporate sales goals and vision. Our marketing team have been empowered to modify or remove marketing strategies that are not deemed effective in helping achieve our intended goals and objectives.
Publicity is not only a way of creating awareness but also ensuring that a business generates revenue that will help grow and boost the business. Having the right publicity for our business is therefore important as we intend to create awareness within our target market for existing and new customers that will positively communicate our business and project our brand positively.
We will therefore engage the services of a publicity consultant here in San Antonio who thoroughly understands the agribusiness sector of the agricultural industry to help us create publicity strategies that would allow our business stand out and make us to be able to compete favorably against similar competitors here in San Antonio.
Setting a price for our livestock feed as well as other products and services that we would be offering at Livestock Feeds and Mo Inc is very important because we do not want to set a price that will allow us run at a loss or chase our customers away.
Therefore before setting our price, we would be making some consideration on certain factors such as what it would cost us to produce these feeds, our overhead expenses, what our nearest competitors are offering and the size of the feeds.
Because we however are a new business and want to ensure we get a large share of the market, we would be offering our customers a price discount on our products and services in order to create awareness for our business and attract more customers. The price discount strategy has been carefully reviewed by us and while we might be running on a low profit margin during this period, we would however not be running at a loss.
Because we always want the best for our customers, we at Livestock Feeds and Mo Inc have come up with different payment options that would suit all our diverse customers and whatever preferences they might have. The payment options that we will therefore make available at Livestock Feeds and Mo are;
The livestock feed mill business is one that requires certain equipment and structures in place, which will take a chunk of the start-up capital in order for it to be referred to as a standard business. Therefore, we intend to spend the bulk of our capital in getting the raw materials for the feed, constructing a feed mill, getting a truck, buying a land and paying the salaries of employees.
From the above analysis, we would need the sum of $486,500 to be able to set up and run a standard livestock feed mill business here in San Antonio Texas. It should be noted that the bulk of the capital will go into buying a land and building several facilities on it, procuring a delivery and an errand truck, getting start-up inventory and setting up a feed mill and also paying the salaries of employees and utility bills for the first six months.
Livestock Feeds and Mo Inc is a family business that is financed, owned and run by Benteen Calder and his wife. Since this is a family owned business, the couple does not intend to seek for external business partners and due to this, they have decided to restrict the sourcing oftheir start-up capital to just few sources.
N.B: We were able to generate about $56,000 from our personal savings and sale of stocks. We won a grant of $200,000 from the federal government to use in starting our business and we approached the bank for the sum of$230,000 to be repaid in 10 years at the rate of 3% per annum. All the documents concerning the loan has been approved and signed on and we have been told that the amount will be credited to our business account before the week runs out.
The sustainability of a business depends on what plans are being put in place to ensure that the business survives for a long time. We intend to have our livestock feed mill business exist for a long time and so we will ensure that certain factors that will allow our business to remain long in existence and grow are not taken for granted. We will ensure that we build a sound business structure, carrying out intensive publicity and also re-invest in our business.
Building the right business structure is very important to us and as such we do not mind going the extra mile to ensure that we get employees that are not only experts but committed and dedicated to ensuring that they put in their best to see our livestock feed mill business grow.
Our employees all come with experience and understand how things are done in the industry in order to make sure a business like ours grow. We intend to make sure that our employees are not only well paid and have the best incentive and welfare packages but that they are also allowed to go for training that would not only enhance their skills but boost productivity for our livestock feed mill business as well.
In order to ensure that we receive the right awareness forour business whilst also generating revenue, we intend to engage in massive publicity. To achieve this, we will engage the services of a reputable publicity consultant here in San Antonio, who understands the industry and will therefore craft the right publicity strategies that will not only boost our business and positively communicate our brand, but will allow us stand out and compete favorably against our competitors.
Due to the fact that we do not intend to continually use external sources of revenue always, we will ensure that we re-invest 30 percent of our earnings right back into the business. We have set plans and structures in place that will ensure that this is always carried out no matter who is in charge of our financial. These are the three factors that we intend to engage in so as to sustain and expand our livestock feed mill business here in San Antonio Texas.
china poultry feed mill, poultry feed mill manufacturers, suppliers, price
China manufacturing industries are full of strong and consistent exporters. We are here to bring together China factories that supply manufacturing systems and machinery that are used by processing industries including but not limited to: pellet mill, pellet machine, feed pellet mill. Here we are going to show you some of the process equipments for sale that featured by our reliable suppliers and manufacturers, such as Poultry Feed Mill. We will do everything we can just to keep every buyer updated with this highly competitive industry & factory and its latest trends. Whether you are for group or individual sourcing, we will provide you with the latest technology and the comprehensive data of Chinese suppliers like Poultry Feed Mill factory list to enhance your sourcing performance in the business line of manufacturing & processing machinery.
introduction and establishment of a poultry feed mill production
For a suitable well designed poultry feed mill establishment, First you must make available Land space of about a plot is of utmost importance with a warehouse of about 50-70m at least 10m high. A one house crusher and half one hour mixer, a bag closer, one 10kg.
Movable scale will be indispensable and not forgetting to mention a 50kva standby Generator to counter the erratic power supply. In addition to the above, a working capital will be needed for raw materials and labor.
Formulating your own poultry feed will not only help you cut down your total production cost, it will also assist you to ensure that you feed the right the right nutritional required feeds to your poultry chickens inorder to enhance their production which in return increases the profit of the poultry farmer.
Feed formulation is the process of finding the optimal combination of feed ingredients that meets the specified nutritional requirements for specific types of poultry. Feed formulation is an applied field of nutrition where nutritionists apply their knowledge to produce a balanced diet.
Many pieces of information should be incorporated prior to feed formulation to maximize the efficiency of formulation. Information like nutritional requirements, feedstuffs composition, nutrient availability and costs of available feedstuffs are essential elements for effective feed formulation.
Countries like Nigeria, United Kingdom, Brazil, Greece, Philippines, China, Japan, Thailand, Caribbean countries and even South American Countries have been producing poultry feeds on large scales for a long time. United states isnt far from the trade as there are lots of people who are making huge fortune from running their own poultry feed mill.
As we have stated severally in numerous other articles, poultry feeding is the single largest cost in poultry production. It accounts for between 65% to 70% of the total cost of production. That is where many small scale farmers and larger commercial enterprises are now opting to formulate their own poultry feeds.
Feed formulation requires thorough understanding of the: (a) nutrient requirements of the class of poultry (e.g., egg layers, meat chickens or breeders); (b) feed ingredients in terms of nutrient composition and constraints in terms of nutrition and processing, and (c) cost and availability of the ingredients.
Here, the farmer pays a commercial feed miller to mill the feed for him. The miller will grind the feed ingredients and mix them using their feed formula or the one you provided. The feed ingredients can either be purchased from the miller or provided by you.
Here, concentrates are used as the foundation stuff for feed formulation. The concentrate already contains most of the necessary nutrients. With some concentrates, all you have to do is to mix in maize and wheat offal to produce your own feed. Custom mixing is more suitable for beginners in small-scale poultry feed production.
For example using Animal Care concentrate as a case study, to produce 1 ton of feed with Animal Care concentrate, youll need 500kg of maize, 300kg of concentrate and 200kg of wheat offal or rice bran.
Note: Animal Care Concentrate used here is only an example and not compulsory you must use their product inorder to achieve results as there are many other good concentrates available at the market depending on your location and price.
If you have all the ingredients and equipment ready for poultry feed formulation, there are certain important factors that you need to keep in mind before you begin formulating your poultry feeds on a massive scale. These include the following:-
1) If you will be making homemade poultry feed rations, it is important to start with experimental trials of the poultry feed formulation. You can do this by isolating some of the chickens and feeding them formulated rations and then observing them to see any changes in performance.
If the feed rations are ok, the broilers will still grow fast and you will not see a drop in layer performance. Make sure you do the trials before introducing the poultry feed rations to the entire poultry flock.
Chickens are generally highly sensitive to feed that is contaminated with mycotoxins that are generally found in numerous raw materials, particularly the grains. Avoid using rotten maize to make poultry feed at all costs!
5) There are milling machines with mixers and pelletizers that are used for processing and mixing the ingredients of the poultry feed. If you are doing a homemade poultry feed formulation without the right sets of machinery, you can use a drum mixer to mix the ingredients of the poultry feeds.
6) Avoid using spoilt or rotten maize or corn at all costs. Such raw materials can be dangerous as they might carry mycotoxins that may be passed over into the human system when you consume poultry eggs or poultry meat.
8) To improve on the poultry feed quality, make sure that the feed that you have prepared has been tested to determine if it has optimal amounts of ingredients. There could be lab facilities in your locality that can offer poultry feed testing services.
Copyright Notice: This post belongs to Agric4profits.com and is not allowed to be copied by other sites. Kindly Click Here to visit our Home page for more amazing related articles. Thank you for reading.Have you visited our Market Place Today? Follow this link to visit Agric4profits.com Market Place now to check out our affordable products & services that might interest you and solve your current needs at a very cheap price. You can also Advertise your Own Products & Services at the Market Place for Free by clicking on this link to Get Started!Please kindly share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Related
Agric4profits.com which features a comprehensive Farmers Guide is an Agricultural blog site specially designed to Educate Farmers, Intending Farmers, Agricultural Students, Animal Scientists, Researchers and everyone in the different aspects of Agriculture by providing them with all the different types of Crops and Animals Step-By-Step Farming Guides, the Required informations on Farm Management Practices, The importance of Agricultural Foods with relation to Natural Health and the Latest Research Findings on the different categories of Agriculture.