Do you want to start a goat farm from scratch and make money? Or you need a sample goat farming business plan template? If YES, then i advice you read on.
Are you considering going into goat farming business? You really should because of the following reasons-:
- Goat meat is in high demand. People love goat meat especially in Africa. So, you won’t have a hard time selling your goats.
- Goats also have other uses apart from consumption of the meat. The skin of goats is a very good source of leather which can be used to make bags, shoes and other leather materials.
- Goat milk is also very nutritious and good for consumption. It is also used in the cosmetic industry to make body creams.
- Goat offal is also used in the pharmaceutical industry.
- Goats are cheaper and easier to feed, making you spend very little on feeding them. Goats can feed on grass and other cheap food items. You could also manage them quite easily as they require very minimal supervision.
- Goat faeces are also a very good source of manure for people interested in buying organic manure.
- Lastly, you can raise goats on very little capital compared to chicken or poultry farming.
Goat farming is very easy and also very profitable but it is important to get enough information before you delve into this business to avoid mistakes and losses. This is a very detailed goat farming business plan for starting a goat farm.
Starting a Goat Farm– Sample Business Plan Template
1. Determine the breed you want to raise-: Goats come in different breeds with each breed having its own unique specifications and uses. Some goat breeds known as ‘dairy goats’ are raised mainly for the milk that they produce while some other breeds can grow very big and fat, hence, they are raised for meat purposes.
You must first decide on why you want to raise goats and then select a breed that is most suitable for that purpose. You could also raise both dairy goats and regular goats if you can afford to feed and care for them.
2. Training-: I mentioned earlier that to be successful in this business, you have to be armed with the right information. Apart from the theoretical aspects of goat farming, you should also try to learn some of the practical aspects like how to feed them, how to prevent diseases, what to do if there is an outbreak of diseases, how to sort them, how to care for pregnant goats and new kids, how to milk them and a whole lot of other things that you should know.
To get training, you can approach goat farmers and ask them for training assistance or buy books or materials on goat farming. I am also certain that you would find a lot of resources on the internet that would be useful for you.
3. Location and Housing-: As soon as you are done with training and ready to start your business, you should look for a suitable location to rear your goats. You would need a land which you would fence to provide security for the goats. You would also need to build shelter for the goats where they can be shielded from rain, sun and all other elements of weather.
4. Pasture-: The most desirable source of feeding for goats is grass. So you have to make pasture for your goats in the location that you have selected to raise them. You can easily make pasture for your goats by yourself or engage the services of an expert to do it for you.
5. Stock up on Bucks and Does-: Before buying goats to raise, ensure that you ascertain the health status of the goats you buy. They must be healthy and free from diseases. As for the number of goats to buy, you should buy at least one buck (male goat) and several does (female goats). You should also ensure that you buy only as many as you can feed and care for because goats can give birth to a lot of kids at once which you would also have to feed.
6. Feeding-: Apart from the pasture, if you want your goats to grow very big and stay healthy, you should provide them with extra source of feeding. You could consider buying specially formulated goat feed or make your own feed. You could also bring in pasture from other places to feed your goats. Another thing is to ensure that they have regular access to clean water to keep them healthy and strong.
7. Caring for the male goats-: The bucks are used for reproductive purposes; to mate the female goats and do not need too much care order than to ensure that they are well fed in order to increase their strength.
8. Caring for the female goats-: The female goats need more care and attention compared to the male goats. You should look out for when they are on heat and then allow them to have access to a buck for mating. You should also ensure that the bucks are well cared for during their gestation period which would take about 160 days.
9. Healthcare-: It would also help to have a veterinary doctor to come and take a look at the goats from time to time. He/she would be able to provide the necessary healthcare for the goats and help to prevent the spread of diseases.
10. Get Assistance-: Goat farming may be stressful for inexperienced people because you have to feed them, clean up where they stay and provide general care and attention which may be difficult for you to do alone especially if you own a very big farming. Therefore, you should hire 1 or 2 people who would be in charge of looking after the goats.
11. Record Keeping-: A common mistake that livestock farmers make is not having a good record keeping system and consequently, not knowing if they are making profits or incurring losses in the business. You should a solid record keeping system which would contain records of all your stocks, every dime you spend and all your income in the business.
12. Marketing-: As soon as you are ready to start selling, you should find out how much goats and goat milk sell for and decide on how much you would sell yours. Then you should approach other goat farmers for links to buyers. You could also get buyers on the internet through agricultural forums, product sourcing websites and e-commerce platforms.