Backyard chicken farming is profitable if you follow these 8 rules
FINANCIAL FREEDOM THRU CHICKENS
Backyard chicken farming is profitable if you follow these 8 rules
1. Budget
Before you even buy chicks, sit down and write the total cost: chicks, feed, maintenance, transport. Budgeting helps you avoid surprise expenses that can eat up your profit.
2. Save
After each successful transaction, no matter how small the profit is, save something. That savings can help you buy feeds in bulk next cycle or handle emergencies like disease outbreak or market delay.
3. Invest
Reinvest your profit into things that grow your farm. You can upgrade your pen, build a better brooding room, buy feeders and drinkers, etc. Poultry is capital intensive—keep investing wisely.
4. 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.
5. Learn
Study other farmers that are doing well. Read forums, watch videos, ask questions. A little knowledge can save you from a big mistake and increase your profit.
6. 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.
7. 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.
8. Multiple Income Streams
Don’t just raise one breed. Add frozen chicken sales, raise turkeys during festive periods, raise layers for eggs, and sell fowl manure to crop farmers. Diversify your poultry income so that when one slows down, another one keeps you going.
Happy Farming Everyone