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How to Start a Profitable Feed Mill Business in Nigeria

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There is no living thing that doesn’t eat and if science and biology have not succeeded in tricking us, even plants that seem to be stuck in one single location also eat. It is on this premise that it becomes important for us as humans to source food for every animal that we have under our care either as pet, for domestic use, or animals reared for money – thinking in the line of commercial agriculture. 

It is also for this single reason that the prospect of having a feed mill which would cater to the need of livestock farmers looking to get the nutritional needs of their animals satisfied sound entertaining to the ears of any investor. If you are looking for a single reason why this business is for you, we have a scenario for you – just picture the amount of farmers with livestock in this country alone and picture the amount you could cater to. Endless, right? Well, so are your profits too -  endless. So, how about we look at how you can get into the business and stat raking in your own cool cash too?

1. Get A Formula
What helps the best feed mills out there to stay strong and on top of competition is the fact that they have done a lot of research and gotten a strong formula which they have stuck to over the years. Choose the kind of animals you want to focus on (fishes, poultry, cattle etc.) and develop a strong formula in that aspect. It is always great to start with an area of specialization so people can identify your brand with a product before you start expansion.

2. Production Materials
After getting a winning and reliable formula, you would want to start shopping for the ingredients to start making them. Look for where you would get the most quality products as you want to keep customers with your great service, not chase them away with mediocre products. Get a good supplier and look for favourable discount rates too to minimize the cost of production. Advisably, buy in bulk and from a wholesaler, not retailer

3. Equipment
 A feed mill is run on various equipment some of which are grinders, mixers, conveyors, sifters, sealers, boiler (steam), elevators and the likes and you need to get every one of these. It would be wise to work with your budget here to see if you could afford new ones or if opting for fairly used equipment would be the best bet for you.

4. Packaging
Now that you have successfully made your first set of feed, you want to present it in a way that would be attractive to your customers. Most feed come in sacks that have the company’s name, logo and the type of product clearly branded on it. you are allowed to get very creative with your packaging material but make sure you keep it all within context.

5. Marketing
Always take your samples along with you when trying to get your product out there and leave them with farmers. Contact big distributors too and offer them your product in good faith of quality and with a discount too. This would provide them with more incentive as they stand to gain on booming sales while you also get to gain a wider customer and income base. It is a win-win situation for you all. Once you have captured a market, never stop marketing but keep striving to break into even more markets.

The feed mill generates a lot of millions yearly and keeps a lot more pockets heavy. Your pocket might just be the next to be heavy with feed mill money. Invest wisely today.