
Many poultry farmers are sweating every day but still broke at the end of the cycle. Not because poultry is not profitable, but because they’ve not learnt how to handle money the right way. If you want to become financially free through poultry farming, these 8 rules will guide you.
- Budget – Before you even buy chicks, sit down and write out the total cost: chicks, feed, vaccines, drugs, charcoal or gas, labour, transport. Budgeting helps you avoid surprise expenses that can eat up your profit.
- Save – After each sales, no matter how small the profit is, save something. That savings can help you buy feed in bulk next cycle or handle emergencies like disease outbreak or market delay.
- Invest – Reinvest your profit into things that grow your farm. You can upgrade your pen, build a better brooding room, buy feeders and drinkers, or set up a water storage system. Poultry is capital intensive—keep investing wisely.
- Avoid Debt – If you’re not careful, debt will finish your business. Avoid buying feed or chicks on credit except you are 100% sure of how to pay back. Start with what you can handle.
- Learn – Study other farmers that are doing well. Read books, watch videos, ask questions. A little knowledge can save you from a big mistake and increase your profit.
- Earn – Find ways to make money beyond your usual cycle. You can raise birds in batches, so as one batch is going out, another one is coming in. That way, money keeps flowing.
- Grow – Every cycle should be better than the last. Check your weight gain, mortality rate, feed consumption, and total profit. If you’re not growing, something needs to change.
- Multiple Income Streams – Don’t just raise broilers alone. Add frozen chicken sales, raise turkeys during festive periods, raise layers for eggs, and sell fowl dung to crop farmers. Diversify your poultry income so that when one slows down, another one keeps you going.
Financial freedom in poultry is not automatic. It comes with planning, discipline and wise decisions.
If you need quality day-old chicks to start or continue your journey, we can supply to you anywhere in Nigeria.