This business idea is aimed toward fixing a Chicken Hatchery. The idea is premised on hatching eggs for layers and broilers for both local and hybrid birds. The business are going to be hatching 38,000 chicks per month which translates into 456,000 chicks per year. The revenue potential is estimated at US$ 33, 900 per month which translates into 406,800 per year. The business features a good market demand throughout the year and can provide employment to the youths and ladies . The production capacity is hatchery of 38,000 eggs. The project cost is
US$ 89,250.
BUSINESS IDEA FOR SETTING UP A CHICKEN HATCHERY
Eggs are collected and inserted into the Incubator for 18 days. The eggs are then transferred into a Hatchery for 3 days to hatch.
Market Analysis
The business features a great market demand both in rural and concrete areas throughout the year. marketplace for the Hatched chicks comes from poultry farmers across the country and beyond borders. The main key players during this business include; Kagodo Farmers, Munva Farm,Ugachic, and Biyinzika Entreprises Ltd.
Capital Investment Requirements In US$
Production and Operation Costs in US$
Direct Materials, Supplies and Costs
Production assumed 21 days during a month with a capacity of 38,000 eggs per press.
Depreciation (fixed assets write off) assumes 4 years lifetime of assets write off of 25% per annum .
Direct costs include: materials, supplies and other costs that directly enter production of the merchandise .
Project Product Cost and Price Structure In US$
Profitability Analysis In US Dollars
Source of kit and Raw materials
Equipments are often purchased from the local market and should be imported from Europe, India, South Africa and China. Eggs are generated from the parent stock and imported.
Government Incentives Available
Agriculture equipments, tools and chemicals are duty free on importation.
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