There are a lot of factors that make poultry farming business a profitable one but we will be highlighting only three major factors:
The poultry industry is a broad function. There are many sub-sectors in the poultry industry which you can tap into. When poultry farming is mentioned, a lot of people take that to mean chicken rearing or turkey rearing alone but poultry farming is a very wide business with different aspects. Below are niches in the poultry business:
Egg production (Layers breeding)
Meat production (Broilers breeding)
Chicken breeding (Hatchery)
Poultry feed production
Poultry equipment manufacturing
Egg and meat processing, packaging and marketing
Poultry marketing and consultancy
So, you see that poultry farming is very wide. Therefore, you have to choose your area of specialization. Of course, if you have enough capital and the technical know-how nothing stops you from doing all the businesses under poultry farming but it is always better to go back to the drawing board.
For more details please visit our office to meet our Consultant for your business Success Planning.