Week-3 || Share a small business idea for new entrepreneurs.

Noiler is a new breed of poultry birds belived to be a result of crossbreeding broiler and the local Red junglefowl, creating a dual-purpose bird that is good for egg production and meat.
This has resulted in large size fowl that produces larger egges.

✅ A Noiler farm as a small, stress-free and profitable business idea for new entrepreneurs..

Noilers are not as delicate as broiler birds, they retain the resistanse of the red junglefowl and the body of the broiler which is good for this business, concidering that it is suggested for a new entrepreneur who is not experienced in keeping birds.

The business will provide income from the sales of the following products

• Eggs: When well feed and kept in good condition, each bird can lay a minimum of one egg per day and can give you up to two as a reward for taking good care of them. The eggs are larger that normal. One egg is 150 Naira. At the current price of 291 Naira per steem, that will be 0.515 steem for an egg.

• Birds: Noiler birds are big and hefty birds with the plumage of the red junglefowl, when well fed foe 4 months, besides have a good daily supply of eggs, the bird itself can be sold for 15,000 Naira, a Steem equivalent of 51.54 Steem.

• Manure: the dropping from this fowel are sold at 1000 Naira per bag which is 3.43 Steems.

Infrastructure

The birds will need a specious and well ventilated space to thrive. As a small business and a starter looking at about 30 birds for a start, an average size cage costing about 80,000 naira (274.91 Steem)will be sufficient.
This should give you 3 times the structure shown below.

_{A simple pen for the poultry business}

An active rooster is housed with at least 3 hens in the pen, giving then enough space to walk around. So the 30 birds will be devided in a ratio of 1:3

8 Roosters
22 Hens

I suggest you start the business with fowl that are almost mature at 4000 Naira per bird.

✅ Which location would suit them best for the business and how much money can they start with?

_{This business is not really sensitiveto locatio}

Prefered location
A sutable locations for this poultry business is close to any local market so you can easily move your products to the market, cutting on the cost of transportation.

Financially, you will need the following as capital for the business

Particulars	in Naira	in Steem
Poultry Pen	80,000	274.91
22 Hens	88,000	302.41
8 Roosters	32,000	109.97
12 bags of feed	180000	618.56
Drugs	5000	17.18
Total	385,000	1323.02

Note that this initial capital will be less if you avoid buying feed for a whole year and only buy for 4 months. [-120,000]
Buying day old birds will be less expensive but will take time and the cost of feeding them till they are old enough to start making eggs. [- 105,000 birds] [+ 60,000 feed for 4 months]

✅ What are the possible benefits and disadvantages of this business?.

The poultry business will have income from eggs, sales of birds and manure.

Income from manure
_{2 bag/week x ₦1000/bag = ₦2000/week
With 52 weeks per year, annual income from manure is:
₦2000/week x 52 weeks/year = ₦140,000/year}

---

Income from eggs
_{28 eggs/day x ₦250/egg = ₦7,000/day
With 365 days per year, annual income from egg sales is:
₦7,000/day x 365 days/year = ₦2,555,000/year}

---

income from birds
_{30 birds x ₦15,000/bird = ₦450,000
Since birds are sold every 4 months, you sell 3 batches per year (12 months / 4 months per batch). Your annual income from bird sales is:
₦450,000/batch x 3 batches/year = ₦1,350,000/year}

---

Income source per year	₦ Amount
Income from manure	₦140,000
Income from eggs	₦2,555,000
Income from birds	₦1,350,000
Total income	₦4,045,000

Equivalent of 13900.34 Steem pee year as income.

Total income: =	₦4,045,000
Total expenses =	₦385,000
Estimated profit	₦4,006,500

_{when birds are in good health}

✅ If you have already seen this business, share it with a picture of what it might look like.

Yes i have seen this poultry business,

Here are some pictures.

_{keep the pen clean regularly}

_{the pen will have a smell if not properly clean}

_{healty birds make more eggs}

_{feed them well}

Invitation and contest link

I am inviting @oasiskp, @manuelhooks and @kesybliss. Here is the link to the contest
Paste_link_here