Poultry farming businesses can be one of the profitable businesses. If you are planning to start your own poultry business, there are certain factors that should be considered.
Steps to start a poultry farming business:
1. Decide on the type of poultry farming
The first step in starting a poultry business is to learn about the business essentials. There are two types of poultry farming the layer or the broiler. Layer refers to the raising of chicken for their eggs and broilers refers to raising of the chicken for the meat. Decide on which one you would like to start with.
2. Choose the type of bird
The next step is to choose the type of bird you want to raise on the farm. You have options from the chicken as broilers and duck, goose, quail, etc.
You will have to them decide on how the chickens would be raised on the farm where the birds are controlled by the farmer or they are allowed to be in their natural environment.
3. Decide on the location
Deciding on the location is very important. The farm should ideally be located away from pollution. It should have a good amount of supply of freshwater. Should be easily accessible from the main road, local markets, and also transportation must be easy.
4. Obtain the required licences
Obtaining the necessary licences is also very important so that the functioning of the business is smooth.
The first thing is to get your business registered. under sole proprietorship, partnership, etc.
Next is to obtain an FSSAI licence which ensures that quality is maintained and standard procedures are followed.
The business can also apply for Udyog Aadhaar which recognises the micro, small and medium businesses.
Acquiring GST registration is also important for the business.
5. Arrange for funds
If required you can also take a loan for the farm, transportation, and to meet other everyday costs.
6. Conduct marketing research
Studying the business market, gaining knowledge about the business, training others to run the business, with a research on the competition to know how they market their products, etc, has to be done before starting with the business.
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