Brief Overview of Guinea Fowl Business in Nigeria

Guinea fowls are mostly disease resistant and really sturdy, thus extremely simple for you to raise. Agricultural business in Nigeria has been increasing recently and the returns are really massive. The guineas are really good at maintaining security at the farm by raising alarm when uncommon things occur on the farm. You can make use of them to regulate insects, mice, and various other small rodents in your poultry farm.

The main aim of this write-up is to provide you with the required information and assistance to be successful in your guinea fowl farming business. So, if you are pondering on beginning a poultry farming business in Nigeria, guinea fowl farming is a great endeavor. It is about time you began thinking about this business as it comes with lots of financial benefits, unlike various other poultry birds.

Potentials of Guinea Fowl Business in Nigeria

It is an excellent poultry bird and rearing these birds is reasonably very easy. Here we are attempting to explain the potentials of guinea fowl farming business and why you should venture into it.

i. It is not a strange business, and lots of people are currently raising guinea fowls for profits, and for producing food.

ii. Guinea fowls are relatively solid and sturdy birds as compared with lots of various other domestic poultry birds. So, rearing and caring them is very simple.

iii. Guinea fowls are relatively smaller sized sized birds, so they will need much less housing space. And their accommodation costs are fairly much less.

iv. As they are really solid and sturdy, so they suffer much less by diseases or other health issues.

v. You can feed them with practically whatever what you can manage easily.

vi. Commercial production is really lucrative. And it can be a great employment source for the educated unemployed individuals.

How to Start Your Guinea Fowl Farming Business in Nigeria

It is virtually the exact same step with beginning your poultry farm for the other domestic birds like turkey, chickens, ducks, and quails. Before beginning your commercial guinea fowl farming in Nigeria, there are specific steps you should take. These steps will assist you do well with your poultry farming business.

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1. Have a Business Plan The initial step to starting your guinea fowl rearing business is to get an excellent business plan that will lead you. Your guinea fowl farming business plan will enable you make great and high quality choices that will make your business to be successful. With your business plan, you can look for investors, partners or loans from the government or private institutions. There is no agribusiness investor that will take you seriously if you have actually no guinea fowl rearing business plan. So, your business plan is an essential element of your business endeavor.
2. Farm Location After you must have had your business plan ready, the next action is to choose the suitable farm area. The guinea fowls usually need much less housing facilities compared with other poultry birds. You have to get an excellent farm area where your birds will be free to move around as well as not to disturb individuals around. This implies you have to site your farm in a location far from residential areas. Guinea fowls usually prefer to roam around, however you have to provide shelter to safeguard them from severe weather condition and predators. Keep in mind that a 2-3 square feet space is good for each bird. You ought to note that it is essential to provide the guineas sufficient space to roam about on the farm. If you wish to keep your birds from roaming after that you should keep them in closed pens since they are good flyers.
3. Go for Good Breed of Guinea Fowls After you are through with the farm location and housing for your guineas, you can acquire the birds. There are lots of locations where you can get excellent breeds of guinea fowl for sale in Nigeria. It is crucial that you get the healthy ones when buying your guinea fowl for your rearing business in Nigeria. You can buy grown-up birds or keets from local breeders, online vendors, or feed shops. Your success in guinea fowl rearing business depends on buying healthy and top quality keets. Feather color is the just difference between the different varieties of guinea fowls. When purchasing the birds, you have to purchase them in sets of male and females. You can recognize the males by their larger wattles compared to the females. The males likewise make one syllable sound while the females make two. When you have bought the birds, it is really important that you confine for as much as two weeks to ensure that they can get used to the new environment.
4. Feeding Your Guinea Fowls You need to feed the guineas on poultry grower mesh until they get to about 2 months. Afterward, you can release them to roam the environment to fend on their own. If you wish to use them for insect control, limiting their feed will make them spend more time consuming insects. The guinea fowls require a greater protein enriched feed, particularly throughout their first 12 weeks. You can likewise provide additional greens like leafy alfalfa. It is very essential that you get rid of leftovers on a daily basis in an effort to avoid the growth of molds.
5. Caring for Your Birds The guinea fowls are not really good at looking after their young ones, so you need to put up to this shortcoming. When you discover that a bird has been abandoned, you ought to move them to an incubator. The incubation period is usually between 26 to 28 days. You likewise have to take care of the keets till they come of age to fend for themselves.

Overview of The Template

The Template gives concrete financial plan and projections for setting up a Guinea Fowl shop. Real business insights are included in this financial template to attract investors, grants and loans to make the business concern a reality.

The excel template is easy to use and modify. Current Real life prices were used in drafting this template by our team of seasoned accountants and financial analysts. The template is suitable for small and emerging businesses who see themselves giants in the various industries in 5 years time.

Features

1. Comprehensive Income Statement (Trading, Profit & Loss Account)
2. Statement of Financial Position (Balance Sheet)
3. Cashflow Statements

Use Scenarios

This excel template is most suitable for the following:

1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from governement agencies and venture capitalists.
2. Business and Financial Analysts working on viability and feasibility of a Guinea Fowl business in Nigeria.
3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
4. Investors and Venture Capitalist who need financial analysis of the Guinea Fowl business for informed decision making.
5. Entrepreneurs who need expansion ideas for their businesses.