TIPS ON HOW TO INCREASE PRODUCTIVITY ON YOUR LIVESTOCK FARM

As a livestock farmer, there are many things you need to put in place in order to achieve the highest productivity you desire for your agricbusiness. If you can implement these following tips, your livestock farm productivity would improve.and you will make more profit.

a, Makesure you employ the right and diligent farm workers, and always be concerned about their welfare.

b, Cull or remove any non-performing or under-performing animals from your flock and draw out an effective and workable plan to replace them with performing ones.

c, Observe all the biosecurity measures so as to prevent disease outbreaks which results in economic losses.

d, Make sure you curb any form of pilfering on your farm.

e,Take nutrition very seriously and make sure you give your animals adequate feeds for best production.
Don’t forget that water is essential to animals, so your animals should not be deprived of water.

f, Replace any damaged or expired production material with good ones.
Take up-to-date records of every activity and inventory on your farm. This is important and essential in asset evaluation and worth.

g, If you’re financially capable, upgrade your farm technology to the latest one such as introducing automatic drinking system, feeding system and make sure you have read and digested enough information about them.

h, Give appropriate vaccines and medicines to your animals and you must carry this out in the right way.
Seek for professional assistance in a situation that you believe you’re incapable of handling.

I, Avoid wastage on your farm and be resourceful to convert any animal waste into money. Such as selling poultry manure to food crop farmers, processing dead birds to feed fishes and/or use animal dungs to breed maggots and earthworms.

You will see the good result when you do all the above. However, you must also consider God as an important partner for a successful business. Start with Him and He will surely guide and manage the business with you. Your farm is your property and investment. Therefore, you should put efficient and effective measures in order to make more profit on your farm.

Have a good and profitable business year.

How To Set Up A Professional Tailoring Service

There are many service businesses one can start with little or no capital even from home and one of such businesses is Tailoring.

The good thing about this business is that you could start with just one sewing machine from your bedroom and within months be handling jobs worth hundreds of thousands of naira depending on how well you prove yourself.

The business typically involves taking customers measurements and their requirements and sewing to type.

The potential in the business is vast but is only for the skilled and patient.

NB: Your skills and expertise should be your greatest asset in this business and excellent rapport with customers else you could be frustrated and be forced to make an early exit.

Opportunities

There are many companies and institutions that need to have uniforms produced in bulk to be worn by their staff or members.

Think about churches, hotels, security guards companies, para-military institutions, factories and hospitals to mention a few.

Think of just how much contracts you could potentially secure if say you’re contacted to sew uniforms for a primary school with 1000 pupils or a security guards company that needs 300 uniforms and there thousands of companies like that all over the country.

Besides this there’s also customized tailoring in which a client wants his/her clothes sewn to their own tastes and specifications.

For this class of customers the price is premium and majority of people who fall into this category are celebrities and upwardly mobile, trendy and socially active folks who would rather rock expensive designer wares than buy common clothing.

Challenges

Tailoring is quite a challenging vocation to undertake as there are so many people doing it with profit margin not so attractive but that is if you are like every other tailor.

The key to standing out and making a brand that puts good cash in your pocket is excellence and efficiency.

Can you despite the challenges be an excellent and efficient tailoring service? One of the key challenges is low purchasing power within the economy.

People and even companies complain of cash squeeze which makes it difficult for them to pay for goods and services at premium prices so they’ll rather patronize someone else who can offer them a lesser charge that could negatively affect your bottom line.

Besides the cash squeeze could also result in low patronage.

Marketing Strategy

Reaching your target market shouldn’t be a challenge once you become a household name therefore the real strategy would be how to make yourself well known within your niche.

There are many ways to achieve this for instance effective customer service, excellent branding, referrals and direct marketing to clients.

Financial Summary

Sewing Machine: N45,000

Accessories (scissors, tape, threads etc): 15,000

Shop Space: N70,000

Furniture: N10,000

Others: N30,000