Business plan for establishing a poultry farm in Nigeria : A General Overview for an Entrepreneur
Omisakin, Akintilewa (2019)
Omisakin, Akintilewa
2019
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202001071053
https://urn.fi/URN:NBN:fi:amk-202001071053
Tiivistelmä
The aim of the thesis was to develop a complete business template for starting a poultry farm. The intention was to create a guidebook that can be used to start a poultry farm which includes everything it entails to planto start a poultry business in Nigeria. Also, it was intended to show how profitable poultry farming is as well as some of the potential challenges one could encounter while operating a poultry business in Nigeria. However, this could serve as guidance to anyone who wishes to establish their own poultry business.
The motivation for starting a business started back when I was in Nigeria. Nigeria has a total population of about 200 million people.There are lots of graduates that are either underemployed or unemployed just as the population keeps increasing. The number of unemployed keeps increasing every year. The thought of starting my own business has always been on my mind, to be able to create jobs will be my dream come true.
This thesis has two parts, the first part focused majorly on the components of a business plan and it was based on the theoretical project method, numerous books, internet sources and literature reviews.The second part showed the actual business plan which consisted of an executive summary, start-up capital, a production plan, a marketing plan etc.
Comparison was made between Nigerian poultry and Finnish poultry as regards to productivity in the later part of the thesis. Similarly, PESTLE and SWOT analyses were done in order to understand the business strengths, weakness, opportunities and threats.
The PESTLE and SWOT analyses showed that there are so many things that could be improved in the Nigerian poultry system which would boost the productivity such as technology and availability of loan for investment. It further showed that the poultry business in Nigeria has some promising sides and some downsides.
The motivation for starting a business started back when I was in Nigeria. Nigeria has a total population of about 200 million people.There are lots of graduates that are either underemployed or unemployed just as the population keeps increasing. The number of unemployed keeps increasing every year. The thought of starting my own business has always been on my mind, to be able to create jobs will be my dream come true.
This thesis has two parts, the first part focused majorly on the components of a business plan and it was based on the theoretical project method, numerous books, internet sources and literature reviews.The second part showed the actual business plan which consisted of an executive summary, start-up capital, a production plan, a marketing plan etc.
Comparison was made between Nigerian poultry and Finnish poultry as regards to productivity in the later part of the thesis. Similarly, PESTLE and SWOT analyses were done in order to understand the business strengths, weakness, opportunities and threats.
The PESTLE and SWOT analyses showed that there are so many things that could be improved in the Nigerian poultry system which would boost the productivity such as technology and availability of loan for investment. It further showed that the poultry business in Nigeria has some promising sides and some downsides.