Pig farming business is a very profitable business, and many people are making money all over the world by starting a piggery business. However, to build a successful, sustainable pig farming business, you require sufficient knowledge of how to efficiently raise the pigs, good management skills, and a good piggery business plan. This article will outline how to start the piggery farming business, and the pig farming business plan – PDF, Word.
Pig farming is a lucrative business, providing income for millions of people, but there are some essential things you need to do before you venture into the piggery business. You have to decide on the size of your pig farming business project i.e. the number of sows you want to keep; location of the pig farming business e.g. a piggery farm , and your target market. These choices will be affected by the amount of capital you have, and the size of your target market.
If you do not have a lot of capital, you can always start small and grow your piggery business overtime, remember, Rome was not built in a day. You also need to carry out market research (Who are you going to sell the pigs/porkers to? At what price?) and write a piggery business plan before you venture into the pig farming business.
PRE-WRITTEN PIG FARMING BUSINESS PLAN (PDF, WORD): COMPREHENSIVE VERSION
For an in-depth analysis of the pig farming business, we encourage you to purchase our well-researched and comprehensive piggery business plan. We introduced the business plans after discovering that many were venturing into the pig production business without enough knowledge and understanding of how to run the piggery business, how to keep the pigs, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.
The pig farming business plan will make it easier for you to launch and run your piggery business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the pig farming business.
PIG FARMING BUSINESS PLAN CONTENT PAGE
Table of Contents
Executive Plan..................................................3
Table of Contents
Executive Plan..................................................3
Mission, Objectives and Keys to Success.........................................
.....4
Mission......................................................................................................4
Core Values...............................................................................................4
Objectives ................................................................................................4
Keys to Success ......................................................................................5
Company Summary.................................................................................6
Products...................................................................................................6
Company Ownership...............................................................................6
Company Structure .................................................................................9
Operational Requirements .....................................................................11
Land..........................................................................................................11
Housing ...................................................................................................13
Management of pigs..............................................................................17
Piglets from birth to weaning ...............................................................17
Sow management .................................................................................19
Management during farrowing..............................................................20
Record keeping ......................................................................................24
Breeding Stock Selection And Management ......................................25
Nutrition.................................................................................................30
Feed requirements................................................................................31
Operational Strategy.............................................................................35
Production Cycle ..................................................................................35
Marketing Strategy ...............................................................................37
Market Analysis.....................................................................................40
Demand.................................................................................................40
Market Segmentation...........................................................................40
Industry Analysis..................................................................................42
Competition and Buying Patterns........................................................44
SWOT Analysis......................................................................................45
PEST Analysis.......................................................................................47
Financial Statements............................................................................49
Start-up Costs.......................................................................................49
Financing & Bank Loan Amortisation.................................................51
Pro Forma Income Statement.............................................................52
Assumptions........................................................................................53
Inputs Quantities and Costs...............................................................54
Revenue And Expenses......................................................................56
Monthly Cash flow Statement ...........................................................57
Pro Forma Annual Cash Flow............................................................63
Pro Forma Balance Sheet..................................................................64
Breakeven Analysis............................................................................65
Payback Period Analysis...................................................................66
Financials Graphs.............................................................................67
Risk Analysis......................................................................................69
Potential Sources of Finance............................................................73
Equity Financing.................................................................................73
Debt Financing ...................................................................................74
Top reasons for failure of piggery business......................................76
Glossary................................................................................................78
Other Business Plans..........................................................................80
Disclaimer.............................................................................................81
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