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Feasibility study of the goat breeding project

There are many different projects that people can think of investing their money in, and the idea of searching for a profitable project is the most important step, as everyone would like to find a project through which he can spend on his life, expand and grow, and spend on his family as well, and after he finds the idea of the project, he starts Doing his own feasibility study, which is the first step that must be taken before the start of the project.

Through the implementation of this study, we can identify the most prominent items related to it and collect a lot of information about the project. Today, we present to you in this article a feasibility study for the goat breeding project, and how to create a feasibility study so that we can calculate the costs of the project through it. What are the salient points that must be That contained in the feasibility study? To answer this question in detail, follow us in this article.

The goat breeding project

Feasibility study of the goat breeding project

When carrying out a project, a feasibility study of the project must be done in order to calculate all the costs and requirements related to the project. What are the most important items for the feasibility study of the goat breeding project:

Why do we have to do a feasibility study for a goat farming project?

The feasibility study plays an important role in calculating all the costs, expenses and profits related to the project, and knowing the possibility of expanding it, and through that study we know the extent of the market need for the project.

In addition to knowing the number of employees needed by the project, as well as with the possibility of calculating the expected monthly and annual income as well as the return from the project to the business owner and knowing the expected tax rate and insurances for the project, and all this is based on determining the amount of capital that the project owners put in.

Outline of a feasibility study

We start by identifying and writing all the data related to the project.

Writing the capital amount after it has been agreed upon by the project owners.

Recording everything related to the costs and expenses that were spent on the project or expected to be spent during the coming days and months.

Write an item related to the expected profits from the project.

Consider expansion, even if it is for the long term.

What is the method for calculating the number of workers required to work in the goat breeding project?

The project may not need a large number of workers at the beginning and with expansion it needs a number, as the project is not originally small and needs a number of workers in order to start working on the farm as there are many stages that goats go through, raising, cleaning and caring for them.

Calculating the costs of materials and raw materials that we need in the project

Choose a suitable and spacious place for raising goats, and it must be covered with umbrellas and a number of windbreaks to maintain the health of the goats.

We need a group of 25-30 young goat heads in order to gain experience and not risk a large number, and the expansion begins to happen little by little.

Provide a range of fodder to feed the goats three to five times a day.

Equipment for feeding goats.

A set of hoses and tools for washing and cleaning animals.

Tools for cleaning and sterilizing barns.

Calculating the value of the costs that will be spent on the goat breeding project

The wage of one worker, which will be in the range of 2000 pounds, is calculated multiplied by the number of our workers.

Providing a veterinarian who has a special fee for the periodic examination of goats and their young.

The farm's electricity bill.

The value of the farm's water bill.

Deduction of an amount for emergency expenses.

Farm rent paid monthly.

Calculating the value of advertising expenses.

How can we gain and get profit from goat farming project?

This project was chosen in particular because goats have characteristics that distinguish them from other animals, as they can withstand hunger and thirst for long periods, and they can also withstand extreme temperatures and colds.

Ensure that the location of the project is in the city in which the owner of the project resides.

Promote farm products by making advertisements in newspapers and posters in crowded places according to your desire and financial capabilities, showing competitive offers to buy farm products.

We have to start the project with the lowest possible costs, and the profit will be achieved in the following periods, after which the expansion of production and sale will come.

Make a monthly report to measure the rates of production, sales and profits and compare them with the past months in order to see where we are from the gain and where we are from the local market.

The larger the project, the greater the number of animals' heads and the more they multiply. The goats can give birth to their young twice a year, each time the number of young is not less than four goats.

In the end, we hope that we have provided you with a comprehensive and useful topic on the feasibility study of the goat farming project, and we have explained the importance of doing a feasibility study for any project before starting work on it with the method of calculating the number of workers required for the project, and the method of calculating costs and expenses with some simple tips to know how to profit from the project when Starting it and in the near future as well.

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