A FEASIBILITY STUDY REPORT ON THE SETTING UP OF A 200 CAPACITY SNAIL FARM

  • Type: Business Plan
  • Business Plan ID: AGR0215
  • Access Fee: ₦10,000 ($29)
  • Pages: 29 Pages
  • Format: Microsoft Word
  • Views: 3K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
ABSTRACT
A feasibility study report on the setting up of a 200 capacity snail farm enterprise at Koro farm garden, Gure town in Bori, Rivers State, Nigeria was conducted to determine if the business idea was feasible and to assess its impacts on the people. The business was named Evergreen Snail Products and Services Nigeria Limited (ESPS).It made available good quality and a very prolific Achatina achatina species of the African giant land snail that provided a substantial source of protein to complement our usual carbohydrate meals. The ESPS was run on both part and full time basis and with a startup capital of N255, 000. From this startup capital, a working capital of N253,597.7 was used in running the business out of which a capital  assets  of  N70,000  was  invested  in  for  use  in  five  years.  The remaining N1,402.3 were kept in bank and used in maintaining the business and  for  other  miscellaneous  expenses. The  working  capital  and  capital assets gave the initial outlay of N253,597..The first year’s estimated sales and net profit indicated a high success with N520,460 cash inflows. The Evergreen snail business is a sole proprietorship medium scale enterprise aimed at consolidating and expanding the outdated snail farm in the state through increased provision of required products and services. Snail slurries are useful industrially for zymolyse enzyme production. Snails contain less fat and cholesterol therefore; its consumption helps in improving the circulatory system and standard of living of the people. The venture provided employment  to  all  categories  of  people  including  retirees,  house-wives, young school leavers, inventors, traders, local dwellers, applicants, and workers who need extra income to augment their merge salary. It generates foreign revenue without one running from pillar to post. The SWOT analysis showed that the opportunities of the business outweigh the challenges and was concluded that the snail farming business idea is healthy and feasible.
A FEASIBILITY STUDY REPORT ON THE SETTING UP OF A 200 CAPACITY SNAIL FARM
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Business Plan
  • Business Plan ID: AGR0215
  • Access Fee: ₦10,000 ($29)
  • Pages: 29 Pages
  • Format: Microsoft Word
  • Views: 3K
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 10,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.001 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Business Plan
    Business Plan ID AGR0215
    Fee ₦10,000 ($29)
    No of Pages 29 Pages
    Format Microsoft Word

    Related Works

    How to start a snail farm... Continue Reading
    How to start a snail farm... Continue Reading
    INTRODUCTION Fish constitutes about 41% of the total animal protein intake by the average Nigerian hence there is great demand for fish in the country. Nigeria requires about 2.66 million metric tons of fish annually to satisfy the dietary requirement of its citizens which are about 150million in number. Regrettably, the total aggregate domestic... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 Background of the Study A large format printer is a printer that can print on large stock which can range from two or more than 15 feets in width. Such printer typically uses inkjet technology to print on a variety of output, including premium glossy coated paper for signs and posters. Large format printing can... Continue Reading
    ABSTRACT The topic of this dissertation is evaluation of the role of feasibility study/report as a tool for successful business operation. A study of selected business firms in Nigeria. The survey and historical research methods were used in the study. A total population of 400 randomly selected respondents out of which a sample size of 200 was... Continue Reading
    ABSTRACT   The topic of this dissertation is evaluation of the role of feasibility study/report as a tool for successful business operation. A study of selected business firms in Nigeria.  The survey and historical research methods were used in the study. A total population of 400 randomly selected respondents out of which a sample size of 200... Continue Reading
    EXECUTIVE SUMMARY GENERAL CONSIDERATION This feasibility report makes a case for the establishment of small scale oil palm processing oil (the Mill) in Edo State along Benin Ekpoma Road. The Millwill use palm fruits and palm kernel nuts to produce crude palm oil (CPO), palm kernel oil (PKO), and palm kernel cake (PKC). The case for feasibility of... Continue Reading
    ABSTRACT The aim of this study is to make individuals, firms and organizations including co-operatives to appreciate the importance of feasibility studies to enable successful business... Continue Reading
    ABSTRACT In this study the researcher aimed at computerizing piggery farm management information system.  A piggery farm is a kind of farm management where pigs are been reared and care for, for the purpose of production to do this the researcher under want a thorough interview where she was able to discover some problems associated with the... Continue Reading
    ABSTRACT In this study the researcher aimed at computerizing piggery farm management information system. A piggery farm is a kind of farm management where pigs are been reared and care for, for the purpose of production to do this the researcher under want a thorough interview where she was able to discover some problems associated with the... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us