goat farming business plan 2020 complete guide

Goat Farming Business Plan 2020 (Case study)

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Before entering the goat farming business, knowing about the goat farming business plan is quite necessary to get success in goat farming.

Here in this post I will share the best plan that actually makes a ton of money for you. 

The most profitable goat farms work on the same business plan. This plan is the secret of  goat farming that only experienced goat farmers can share.

We share the step by step guide so you can understand properly, to know the whole plan read this complete post up to the end.

This business plan is based on the following points:

What is the profit margin in goat farming business?

if anyone can do goat farming with full focus then he can make a very good income because goat farming is one of the profitable businesses in the agriculture sector.

you can make very good land if you have some own land to grow your own crops. generally, oats require green, dry, and concentrate fodder. if provide these 3 feed form your own land then you can generate a very good profit.

A 70% cost spent only on goat feed, if you give feed from your land then cost reduces and profit will increase much more.

Importance points of How to set up the goat farm?

To set up a goat farm you need a goat house or shed to save goats from inclement weather. If you are doing commercial goat farming then you also need an open paddock area for the exercise of goats. If you don’t know how much space you need for 100 goats then read this post deeply.

Space requirement for 100 Goats

If you are sending goats for grazing then there is not too much need for an open paddock area.

To make a higher profit in commercial goat farming you have to grow your own green fodder and dry and concentrate you can buy from outside.

The house and feed are the two basic needs of commercial goat farming that you have to setup before raising goats in the farm.

Goat farming is one of the profitable businesses for small farmers and good money can be made if you do it on a large scale. A single male Goat can be sold in 5000 to 6000 if you sale for meat and it also depends on their weight.

If you raise one year for eid then a goat can be sold in 15000 to 50000 depending on the weight and beauty of goats.

 To know how much money you can earn with 100 Goat and want the PDF plan for that to read my post below

Goat farming project report

Goat farming project cost in India: How do you make goat farm?

The goat farming project cost in India actually depends on how you start it totally depends on your goat farming business plan. If you make a low cost shed and start with a less expensive breed than you can start with very less amount. 

The goat farming project cost also depends on how many goats do you want to start. You can start with 10 female goats or you can start with 100 female goats the choice is yours.

Let me share the Goat farming project in India by mentioning the requirement of the shed and other equipment needed to start.

ParticularsNumberRate
Shed for goats 1200 Sqft300 rs sqft360000
Fencing boundary 400 ft17000
Feeders for goats53000
Waterers tub5500
Female Goats (barbari, sirohi)100700000
Breeder Male460000
Hand Chaff cutter15000
Total project cost1145500 Rs

The lobor, Green,dry and concentrate feed are the other regular expenditure on the goat farming which are included in the goat farming business plan. The cost of feed and labor and feed depend according to your place or state.

Commercial Goat farming business plan to generate maximum profit

The plan is based on the following principle

  • Breeding purpose goat farming
  • Meat purpose
  • Milk purpose 
  • Eid purpose
goat farming business plan 2020

These are the four major objectives of goat farming that makes money for me that I follow. 

I raised100 Female goats at my farm and 4 breeder Buck. I Do breeding the 100 females whenever they come in heat. Normally 3 to 4 goats daily comes in heat. And 2 to 3 goats give kids every day. 

In our farm 60% goats give twins and 25% goats give single the reaning 5% gives triplets.

We mainly focus on Breeding purpose goat farming and sale quality goats to nearby farms.

Secondly, we raised male goats and prepared for eid and the remaining goat’s sale for meat butcher for slaughter.

From the 100 goats most of the milk we feed to goats and remaining milk 4 to 5 liters of milk we sell every day at a very good rate.

I provide goat farming training every month and share my experience to my trainees. I am an experienced goat farmer and owns Indus goat farm which is located in Ujjain Madhya Pradesh.

Is training needed to start a goat farm business?

It is the livestock business,  to minimize the risk the Goat farming training is needed if you start from more than 20 goat units. Goat farming training helps you understand the business and how to do it properly. 

Of Course the goat farming business is profitable, many young entrepreneurs are looking to start this but they can’t do it with perfection. They start making mistakes and then learn from mistakes but to avoid mistakes and loss in the beginning take the goat farming training from a reputed goat farm and do your homework before starting this business.  

Goat farming business profit: how much you can earn?

No doubt, it is a profitable business because of the huge demand for meat and meat products. The goat meat is one of the costlier meat in India and the demand is more than production.

Let us understand the goat farming business profit. To take the maximum profit in goat farming you have to feed your goat maximum 10 rs per day because a quality feed gives the quality results.

Generally, goats give two kids in one gestation period so you can take two breeding in one year and two months or can say that 14 months.

So in 14 months you will get 4 kids.

Assume first two kids are male kids and second gestation is two female kids for an example to understand properly.

We raised two male kids for Eid and two kids of 6 months we sold it for slaughter.

Feeding cost

One female for 14 months or 420 days.

Two kids for one year 365 days for eid

Two kids for 6 months 180 days

Feeding cost is 10 rs per day

No. of GoatsFeed cost x dayscost
1 female10 x 4204200
2 kids for one year2×10 x 3657300
2 kids for 6 months2×10 x 1803600
Total feed cost15100

Sale cost

Two one year goat we sold on Eid at 15000 Rs each

Two goat kid we sold for slaughter at the rate of 6000 Rs

Female goat is left with you for next production cycle

Sale of goatsRate x no of goatscost
Two goat on Eid15000×2  30000
Two goat on Slaughter6000×212000
Sale Total42000 Rs

Goat farming business profit = Sale cost – feed cost

= 42000 – 15100

Goat farming business profit from one goat = 26900 Rs

The best part of goat farming which I mostly like after taking production and raising of the goat is that After selling and getting profit the female goat is remaining in the farm for next production that’s the beauty of goat farming.

This is the profit of one goat. You can raise 100 goats in your farm and follow the same goat farming business plan in your farm and make maximum profit. 

These is the ground level business plan to understand the business, the expenditure like labor electricity and medical cost is not included in it if you want to add then minus 5000 rs from total profit as expenditure to raise one year of the following goats.

You have to give your time and energy to make these profits because nothing is free in this world. You have to put your effort into the goat farming business.

Free goat farming consultancy

Conclusion

Hope you understand the commercial goat farming business plan properly. These plans I personally follow at my own goat farm. These are some secrets I revealed in this post which no other goat farmer provides these types of profit-making information.

If you are going to start the goat farming business, my best wishes are with you. And hope you follow this plan at your goat farm with 100 female goats and achieve maximum profit with agriculture business.

If you have any queries in mind regarding this post then feel free to ask in the comment section. 

Thankyou

Happy Goat farming!