Feasibility study before business plan

A Feasibility Study is a low-cost risk management tool — a relatively small expenditure will yield measurable results that can help to avoid expensive mistakes in the full project. On conducting your feasibility analysis, you will: Evaluate whether you and your management team possess the characteristics most common to entrepreneurial success; Assess the market for your new business idea; Estimate the basic financial feasibility of your business, including potential sales revenues, fixed and variable costs, and break-even figures; Identify the pitfalls many new small businesses encounter—and study how you can avoid them; and Finally, make an informed choice about whether or not your idea is still attractive and practical. Business Plan A good Business Plan should be the roadmap for managing your company.

Feasibility study before business plan

Poor physical feed quality will have a negative impact on broiler performance. Use good quality crumbled and mash feed for optimum performance. When feeding mash, ensure a coarse uniform particle size is achieved.

Venting the brooder house to maintain a room temperature between degrees Fahrenheit will ensure a good growing environment for the chicks. Intakes and outlets should be constructed with ducts which permit good air flow and good air circulation but exclude light.

Wall fans, if used, may be thermostatically controlled so that they will vent air when the room temperature rises too high.

feasibility study before business plan

Generally, the chicks need more ventilation as they grow. It is necessary, therefore, to encircle the brooder with a guard 16 to 18 inches high. The guard can be corrugated cardboard, metal flashing or any other rigid material.

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On day one it should be placed close enough to the brooder so that the chicks can move from the heated area to a cooler area if they desire.

Each day thereafter the guard may be expanded to allow the chicks to roam over a wider area. On the sixth day, the guard is removed and the chicks allowed to roam over the entire floor area of the pen. If the chicks tend to crowd into the corners after the guard is removed, litter should be piled-up in such a way as to round off the corner.

This practice will prevent crowding and smothering.

feasibility study before business plan

The brooding temperature during the first week should be around degrees Fahrenheit at floor level near the centre of the brooder. The brooder should be turned on and the temperature stabilized at least 24 hours before the chicks arrive.

Watch the chicks closely, especially for the first day or so. The height of infrared heat lamps should be adjusted so that the chicks will lie in a doughnut-like pattern around the centre of the heated area. If they huddle together in a tight group temperatures should be increased a few degrees. If the chicks move out and are using only the very fringe of the area, reduce the temperature a few degrees.

Increasing or decreasing temperatures is accomplished by raising or lowering the heat lamp.

Poultry Farming Business Plan/Chicken Feasibility Study

Decrease brooding temperature by five degrees at the end of the first week and again at the end of each subsequent week until the temperature has reached 85 degrees Fahrenheit. Heat can be discontinued after the birds are four weeks old. Water — Water is the most important requirement of young pheasants.

Cool, clean water should be available at all times. Replace the water in your fountains twice daily and clean the units to help prevent disease. Begin by using at least one quart jar fountain per 50 chicks.

Poultry Farming Business Plan In Nigeria 12 Place the fountain on a piece of hardware cloth to help keep the wood shavings out of the water.Aug 03,  · Consider your options. Completing a thorough feasibility study is a time-consuming and sometimes expensive process. Thus, you want to try to save your time and money for investigating only the most promising of your ideas.

A good retail business plan gives the retail firm a pathway to profit.


This free sample business plan retail store guide is designed to help an owner-manager work up a sound business plan. Business plan in Nigeria. How to write business proposal. Samples to help you become a professional feasibility report writer. Poultry / Chicken Farming Business Plan / Feasibility Study In Nigeria.

THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC.. Poultry Farming Business Plan In Nigeria – Our Poultry Farming Business Plan In Nigeria Feasibility.

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TABLE OF CONTENTS OF Poultry Farming Business Plan In Nigeria. We at EBMC associate ourselves with the operation well before a business takes shape. Our involvement begins with the business idea, study of the idea and prepares a project report that helps in determining the feasibility of the business idea and recommends changes that are major as well as small corrections to make it work in the business .

A feasibility report is an often ignored but vital prerequisite to building a successful business from scratch. In fact, not doing feasibility is one of the silly mistakes entrepreneurs make when starting a business.

How to Conduct Feasibility Study - Sample Template for Beginners