Overview of Grasscutter Farming Business in Nigeria

In Nigeria, the consumption of grasscutter meat, also called ‘Bush Meat' is increasing on a daily basis. Bush meat is a great source of protein. Its commonly used to prepare pepper soup, egusi and all type of Nigerian soups. Grasscutters are also really simple to rear. One element that hampers the returns for grasscutter farming business in Nigeria is adequate feeding and correct hygiene. So, if you desire the business to be lucrative, you ought to take sufficient care of the grasscutters, both male and female. You ought to enable the young babies to stay with their mother for a duration of four months, after which you separate them into various colonies.

Potentials

The grasscutter meat is certainly very popular in Africa and particularly in Nigeria; many thanks to grasscutter farmers who are trying their best to make this meat easily available to buyers and consumers. Grasscutter farming in Nigeria is just one of one of the most lucrative type of businesses in the animal farming area. It is likewise among one of the most lucrative animal husbandry businesses in Nigeria. If you take the grasscutter farming business serious, you can make as much as N5 million naira yearly from the business.

Steps to Starting a Grasscutter Farming Business in Nigeria

            These are the steps to starting a grasscutter business in Nigeria;

Target market

With grasscutter meat being categorized as white meat, there is a high need for this distinct product by hotels and well to do communities that have a higher preference and admiration for white meat. Placing your farm close to these places is a positive tactical move that is certainly tailored to having a favorable impact on your business. It is likewise growing to become commonly accepted meat in homes of every religion and tradition.

Cost of Breeding and Production

The procurement, maintenance, and breeding of grasscutters are extremely important in the breeding of these livestock, for if they are done wrong, the repercussions would certainly be awful.

The average grasscutter farmer would certainly invest a bit over 85,000 Naira to see to the overall production procedure for a small- average scale grasscutter farm. The average price for a mature buck is 12,000 naira and that of a doe is in between 14,000-15,000 naira. The price of a served doe varies from 18,000-20,000 Naira. The cost of feeding monthly has to do with N230 for every grasscutter. When you consider the cost of their medical maintenance, the overall startup cost should cost nothing more than N85,000 for the average grasscutter farm.

Grasscutter Cages

Grasscutters are kept in cages or pens and the variety of the cages depends on the number of grasscutters to be raised. The cages are constantly made from steel, sizable, and well ventilated. Pen layout is dependent on the construction material made use of in constructing them.

Pests and Diseases Common to Grasscutters

Much like every livestock farmer, grasscutter farmers should know the pests, disease-carrying pathogens, and diseases that are strange to their livestock. It is not just crucial that they know of these things, however also twice as much vital that they carry out measures to obstruct the capability of these nuisances to flourish around their grasscutters.

The Housing of Grasscutters

Grasscutter housing is just one of the lots of factors to think about when beginning a grasscutter farm, and it is of paramount importance next to feeding and breeding. The housing should be correctly lit and well ventilated and ought to include insulation features for cold periods to prevent health casualties amongst the livestock. A normal grasscutter housing includes well-roofed buildings which contain wire hutches and wood. Feed troughs and drinkers, together with holding and transfer cages need to be deftly set up for correct management and production of this livestock.

Family cages ought to be 160cm by 60 centimeters by 45 centimeters (size, breadth, and height specifically) in their dimensions. While cages for individual grasscutters ought to have a dimension of 50cm by 50 centimeters by 40cm (length, breadth, and height specifically). When creating these cages, it is essential to create apartments with openings of smaller sizes in order to allow movement by the grasscutter from one apartment to the other. In transfer cages, 80cm by 40cm by 30cm can be considered as appropriate dimensions for constructing the cage.

Profits And Returns

Much like each business, grasscutter farming in Nigeria can incur great returns or revenues if handled well. Following the various health campaign that grasscutter meat has influenced, there is an extremely high need for this product in the market. With such high need, farmers stand to get a minimum of N600,000 yearly if he starts up his farm with just a buck (Male grasscutter) and a doe (female grasscutter). With more grasscutter and a well-drawn out business plan, there is bound to be more returns, triggering economic and financial boom. Certainly, if you have roughly a hundred females that give birth two times a year, after that you would make millions from the ensuing offspring.

Overview and Features of the Excel Template

The excel template comes with a powerful presentation and a thorough financial analysis and model for succeeding in this business venture. The template will enhance your chances of getting grants, attract investors and bank loans.

Inside this template, you will get:

1. 3 years Income Statement.
2. 3 Years Financial Position
3. Cash flow Statements
4. Trial Balance and Account Charts.
5. Automated Macros to make the template faster, user friendly and accurate with little or no manual input.
6. 24/7 Support from our team of financial experts and analysts.