Concerning farming, chicken farming is considered one of the most lucrative businesses worth investing in. Therefore today’s guide comes to educate our readers on how to start a chicken business in South Africa.
Hence, we entreat you to keep reading because the information you’ve been seeking on how to start a chicken business awaits you below in this guide.
A lot of work goes into planning, starting, running, and managing a chicken business. It is not a business that you invest your money and sit and watch it yield more, but rather a demanding business that is very lucrative when the needed attention is given.
When starting your chicken business, one thing you must know is the type of chicks you’ll want to raise, Layers or Broilers, and this can be determined when market research is conducted.
The chapters of this article are detailed information that will guide you on your chicken business journey in South Africa.
What You’ll Need To Start A Chicken Business In South Africa
Below are the basic requirements that are to be met before commencing your chicken business:
1. Knowledge Acquisition: before you start implementing your business plans, it is a requirement to acquire the skillset and knowledge in running and managing a chicken business in South Africa
2. Business Plan: your business plan is the foundation of your business. Therefore building a good business plan that covers every aspect of your business is required to reduce the rate at which challenges will be faced in the business operations
3. Market Research: conduct extensive market research about the chicken business, get to know what type of chicken is good for the business, and where the business marketing potentials are high
4. Target Market: get to know the group of people you intend to sell your chicken to. It is advisable to know what they like, how they want it, and why they want and likes their chicken in that way to help decide on what you’re are suppose to present to the chicken market and what you can provide
5. Location: with successful market research and a known target market, you’ll be presented with good business data that will provide a precise list of locations with higher marketing potentials
Upon choosing a business location, the following factors have to be considered:
An easy to locate an area
Accessibility of the premises
High visibility by potential customers
6. Leasing Property: find a leasing property at the chosen location for your business operation, reach out to the property owner to negotiate on the property, and after a leasing agreement, deposit the leasing price into the property owner account to help acquire the legal documents that will stand as a proof exchange of ownership
7. Build Chicken Structure: build the structure for your business after acquiring land, and the structure you choose to build must fall within your financial capabilities to prevent getting stuck in the middle of business operation
8. Business Name: choose a catchy business name that is easy to memorize and defines the type of business you operate at the mention of the name
9. Business Registration: register your business with CIPC to acquire the legal certificates to help run your business, and for tax registration, contact the South African Revenue Service (SARS)
10. Business Insurance: contact an insurance company with a good insurance policy that can sustain and cover up for your business in times of disaster and misfortunes
11. Type of Chicken Stock: decide on the type of chicken stock to choose for your chicken business. The chicken layer business and chicken broiler business are the most profitable to choose from
12. Supplier: choose a supplier who can deliver stock chicken for your business at a reasonable and affordable price
13. Retailers/Customers: reach out to the available retailers and customers, present to them your business, and give them a reason why they must patronize you
14. Feed: strategize a good plan for chicken feed, this is because feed is one of the major components that contribute more to the growth and survival of your chicken business and must be treated as serious as it is
15. Disease Management: purchase the necessary antibiotics and other drugs to help treat early detection of disease outbreak
16. Tools and Equipment: Tools and equipment used for the daily activities in the chicken business has to be acquired to help increase productivity
17. Marketing: local newspapers, social media, advertising websites, advertising billboards, fliers, and many other advertising platforms are the platforms you can choose to help improve the marketing potential of your business
How Much Does It Cost To Start A Chicken Business In South Africa
The startup capital needed to start a chicken business in South Africa differs depending on the type of chicken stocks you intend to raise as a business, the cost of broilers differs from layers, and on average, a chicken business can be started with a capital that ranges between R25,000 – 60,000 depending on how small or big you want to start.
Is The Chicken Business Profitable In South Africa
The chicken business is one of the lucrative businesses to venture into. Choosing chicken layers for your business comes with a financial profit that beats expectation because, at the age of 6-8 months, layers start laying, and eggs can be sold daily to available retailers and customers. Also, the layers can be sold for meat when they reach a stage where their egg-laying decreases.
Best Places To Start A Chicken Business In South Africa
The following are some of the best places to start a chicken business in South Africa:
1. Along main roads and highways
2. New sites away from dwellers
3. A location with easy access to market centers
4. A place with good and supportive environmental conditions to help chickens survive
How To Make A Chicken Business Successful In South Africa
To be successful in the chicken business in South Africa, consider the following factors:
1. Creating a supportive environment for chicken survival is required
2. Employing people with experience in handling the chicken business
3. An early detection of disease outbreaks is important
4. Affordable pricing of eggs and matured chicken will keep customers coming back for more
5. Effective delivery system for your business is required
Challenges In The Chicken Business In South Africa
The following are some of the challenges faced in the chicken business in South Africa:
1. Stock chicks are difficult to handle
2. High cost in managing the business
3. Difficulties in vaccination and disease treatment
Benefits Of Setting Up A Chicken Business In South Africa
The list below are some
of the challenges faced in the chicken business in South Africa:
1. The business comes with an overwhelming financial profit
2. Generates income for the government
3. Job creation
4. Has contributed to the food industry
That is the information we can provide on how to start a chicken business in South Africa.