Meticulous planning is needed when one embarks on setting up a piggery project. Proper planning is essential in order to avoid making costly mistakes. The following factors should be carefully considered when starting a piggery project. 1. Capital It is difficult to be precise on the amount of capital required. The amount required depends on the intended scale of production. Capital is required for developmental purposes, i.e. building sites and purchasing breeding stock. Working capital is required for feed, drugs, labour and other running costs. It is important to remember that cash inflows will start eleven months after the start of the project in most cases. Peak capital requirements are between the tenth and eleventh month. It is therefore critical to have enough capital for the first year of operation. Sources of Capital It is advisable for an aspiring pig producer to use own resources or cheap funds for developmental purposes. Loans that carry high interests are not...
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