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Quail Rearing & Farming Business Plan Financials, Model and Financial Projections Excel Template

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Category: Financial Plans & Projections



Overview of Quail Farming Business in Nigeria

Quail farming has been considered to be among the most profitable when it comes to birds as a result of several factors. Its Health benefits, return on investment, space management, and so on, have all added up to make it really lucrative. The advantages and benefits of starting up a quail business in Nigeria are unlimited and the business world and opportunities have so far remained untapped, mostly because of lack of knowledge of the business.

Quails can be grown as pets, for their eggs or their meat. The meat is nourishing and delicious, and the eggs are much healthier compared to various other eggs people consume. It has low fat levels and are good for people with high blood pressure concerns. In Nigeria, quail eggs are likewise called Ogazi eggs and are sold as street food.

Potentials of Quail Farming Business in Nigeria

Quail farming is really lucrative like various other farming ventures such as poultry, turkey or duck farming business. Nearly all kinds of weather are suitable for starting quail farming business. Meat and eggs of quail are really delicious and nourishing, ideal for diabetic person. Since quail eggs include relatively more protein, phosphorus, iron, vitamin A, B1 and B2. Quail farming can play an important role to meet up the need of food and nourishment. Quail farming business needs little initial capital and labor. Quails can be raised together with your other poultry birds for meat or eggs production.

Step by Step of Starting a Quail Farming Business in Nigeria

The Business Plan

The next action is to put together a quail farming business plan. This step is important, also if you are planning to begin little. It will help you identify all the important aspects of the business and will help with executing the different steps in order to run the business. You ought to include a series of important elements in your business plan.

Selecting a Location

Select the location for your farm. It does not truly matter what area of Nigeria you stay in, as quails do not have any requirements in regards to weather condition or anything like that. Nevertheless, when selecting the location, try to find a predator-free silent area. Finding a location with a source of clean water will be a real reward. Additionally, you can set up a little farm in your yard or raise the quails with other birds you may have. The only thing you require after that is to provide separate cages for them.

Construct Housing for the Birds

Buy the tools and cages. Depending on what you wish to raise your quails for, select the appropriate cages for the birds. Initially, you may do without cages, however they are highly advised, if you wish to sell your quails in the future. Do not forget about buying the feeders and drinkers, along with light and heat sources.

Purchase the Birds

Before you can buy livestock, you will have to identify what type of quails you will be specializing in. Some startups prefer to concentrate on a particular type, while others choose to concentrate on several breeds. This is an essential choice that will impact the production and value of your business. It is recommended to choose the Tuxedo, English white, British or Manchurian golden breeds of quail if your primary focus will be on the eggs. For businesses that will concentrate more on the meat of quails, it is suggested to choose a breed such as the white breasted Indian or bob white American.

After choosing which type you will be concentrating on (or several breeds you will be focusing on), you ought to gather information regarding suppliers. You ought to buy a few quails to begin - this will be the initial livestock and will increase in number as they start breeding.

Buying Feeds

Alright, so you will also have to purchase the feed material that are made from tiny particles of broken wheat, kipper fish, rice bran, sesame cake, broken oyster shell and so on. Feed management is extremely important for quail farming; a well-balanced wholesome feed ensures healthy and extremely efficient quail birds resulting in high ROI. The cost of feeding quails is typically reduced because of that they do not consume as much food as a number of various other poultry birds. These birds can be fed with the very same feed used for turkeys and chicken, however in lower amounts. An adult quail of 6 months old everyday eats 30-35 grams of food.

Maintain a Healthy Environment

Look after your quails' health. Although quails are resilient and not susceptible to diseases, it does not imply you ought to leave them to their own devices. Set a little portion of your budget aside for health emergencies. Do not neglect to clean. Quails are not really untidy birds. Nonetheless, you ought to take your time and clean the cages, feeders and drinkers every now and then. Ensure your quails are feeling good. Look at their water source regularly.

Marketing strategies

It is anticipated that you should have already develop efficient marketing techniques even before official launching of the business. Attempt to identify the demands of quail products in your local market. You will have the ability to promote both eggs and meat to clients, but can likewise decide to target just among these. The type of quail you are focusing on will likewise affect whether you focus on eggs or meat. Promoting your business can be carried out in a number of methods.

 

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.

 

Ms Excel Template

V.1 (2022)

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