When an agripreneur establishes an agri-business, a great deal of work goes into making it a success. Experienced agripreneur will tell you that success in agribusiness is planned and does not happen by accident. Several factors contribute to the success of livestock farms in Nigeria, and understanding what they are and how they work together can help your agri-business succeed.
Fund: Fund must be available as when needed according to plan to avoid creating stress factors which would cost so much in revenue loss.
Housing: Proper ventilation and spacing is a critical success factor. Position your house to give the animal’s maximum ventilation and reduce heat.
Biosecurity: Disease entrance and spread are as a result of any form of breach in biosecurity. Foot bath, car bath, prohibition of unauthorized persons etc.
Water: Watering and water source is of great importance. Bad water source or water getting contaminated in livestock farm signifies that the farm will fail. Water should be managed to ensure that clear and clean water is available to the animals ad libitum.
Nutrient: Most livestock farm’s fail because they wanted to reduce the cost of feed by compounding feeds. Farms should only venture into self-compounding with available ingredients. All nutrients must be readily available in the market to prevent malnutrition.
Expertise: Training and retraining of staff are important no matter how small the level and acquisition of knowledge of modern trend is a factor to growth. Consultancy is paramount
Sales: products produced must be sold. Proper marketing with vigorous advertisement will ensure the product is made available to the target market.
Management: Pilfering shrinkages, indulgence, misappropriation are few of the several epidemics that constantly plaque livestock farms in Nigeria. Workers steal animals, eggs, feed, money and even drugs if they are not properly monitored. Sales agents and drivers could sell at different prices and report differently. Effective management of this ends are critical factors.
Administration: At full capacity, Management is separated from the administration, when the owner is not directly involved in the day to day management. Absentee farming is hazardous. Someone with stake in the venture should give quality time to it to survive.