Livestock business plan

Farming and Agribusiness are complicated business. You need to have extensive knowledge to get maximum output of your efforts. You need to realize how to work your rural venture effectively and not just forecast your crop rotations, but your cash position and revenues too.

Introduction to Livestock Business

Livestock Business is not just all about rearing cattle, but it also encourages human employments. Livestock is not just limited to Dairy Farming, but it also includes animals like Horses, Dogs, Poultry etc.  Livestock Farming or Pet Raising is very lucrative sector. You can run Livestock Farming from your backyard or as a small scale or even on larger scale. Livestock Farming not only boosts animal farming but it will also increase cultivation and crop farming.

Management

Managing Livestock is a hectic job. It includes animal care, food & monitoring the staff members. It always requires awareness on animal behavior, health, and a proper business mindset. Owners need to be ready to face some physical challenges too depending on his Livestock Farm size. Maintaining Farms, Ranches and Poultry need proper strategies and executions. To yield profit, Livestock Farm need to have both good management and productive measures.

Business Strategy

Usually, Livestock farming is combined with crop growing so that you get double benefit of crops and fodder for cattle. Livestock is not limited to Cows, Buffaloes but also includes horses, ducks, calves, goats, pigs, rabbits etc.

5 Most Important Points to consider: –

1) Suitable Space – You need to have proper ventilated and maximum space depending of your Livestock size. This will not only provide sanitation but good health to Livestock and will increase productivity.

2) Set a Goal – One need to be clear about his goal of farming. You need to focus on the animals as per your needs. For example – If you’re looking to venture for meat and dairy products on animals so goat or cattle would be the better option.

3) Feed for Animals – Proper diet leads to good health and will also increase productivity.

4) Proper Equipment – This includes machinery from animal sheds to feed. Proper machinery and Livestock Equipment will make your work easy.

5) Waste Management – Remember to have a proper waste management system from animal excretion to the meat.

Scope of Livestock Farming

Livestock rearing is practiced from ancient times and even before seed cultivation. Spectrum of Livestock Farming have changed and can reap you tons of profit, if done properly. Management is the key for every business and same goes with Livestock Farming. You need to be systematic with your approach and follow local guidelines.