Snail Farming Business Plan Free

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Snail Farming Business Plan in Nigeria

Do you have interest in starting a snail farming business in Nigeria? Do you need a sample template for a snail farming business plan in Nigeria? Did you answer YES to the above questions? Then you should carefully read this article.

There is a sample snail farming business that you can use to work on your own business plan; A Sample Snail Farming Business Plan Template 1. Industry Overview. One good business that falls under the agriculture cum meat production industry that an entrepreneur can successful start is snail farming. Snail farming is not capital intensive. Professional Business Plan Writing Service. Writing a bank and investor ready professional Snail Farming business plan can be challenging. If you need a professional and affordable business plan service, StartupTipsDaily’s MBA standard professional business plan writing service is perfect for your business. Touchstone Snails assists potential snail-farmers by: Personally helping in building and installing snail farming units. Transforming already existing greenhouses into effective and profitable snail farming units. Giving insight and offering consultation on how to properly and efficiently manage a snail farming unit.

Read: Feasibility Study on Snail Farming in Nigeria

To quickly get your snail farming business plan in Nigeria, pay N10,000 to:

Bank Name: Guaranty Trust Bank (GTB)

Account Name: Chibuzor Tochi Onyemenam

Account Number: 0044056891

After payment, send your full name, email address and topic (i.e. poultry farming business plan sample pdf) to 07033378184. Your business plan will be sent to your email within 20 minutes.

Before we get into the details of how to start a snail farm in Nigeria, let me show you the table of contents to the Snail Farming Business Plan in Nigeria

1) Executive summary the snail farm business: The summary includes introduction, products and services description, marketing and sales, etc

2) Company Overview of the snail farm: This section includes the mission statement, history and current status, markets and products, objectives, keys to success of the snail business

3) Product or Service description: Here we have described the product (snails)

4) Industry and Market Analysis: Introduction, industry analysis, market analysis, customer analysis, competitor analysis, SWOT Analysis

5) Marketing Strategy: Target market strategy, product/service strategy, pricing strategy, distribution strategy, advertising and promotion strategy, sales strategy, marketing and sales forecasts

6) Operations: Operations strategy, scope of operations, operating expenses

7) Development: Development strategy, development timeline, development expenses

8) Management: Company organization, management team, administrative expenses

9) Summary of Financials: Financial assumptions, financial forecasts, projected cash flow, income statement, balance sheet, profit and loss, profit margin, chart etc, financial risks

Snail Farming Business Plan Free

10) Appendices: Support for Product/Service Description (e.g., diagrams, pictures, etc.)

Financial Statements: Income Statement, balance sheets, cash flow statements , ratio analysis [3 years]

INTRODUCTION

Heliculture is the branch of agriculture that deals with the study and rearing of snails (either for personal or commercial purposes). Snails are from the family of animals known scientifically as Molluscs (shell-bearing), other animals in this family include, mussels, squids, cuttlefish and slugs.

Humans have consumed snail meat from prehistoric times and so there is no proper documentation of when or where man started to consume snail meat as a food supplement. Predominantly in Africa, snails were handpicked in the bush usually in the night time but as human population increased and forests were turned into cities, the demand of snails fast outgrew the supply. This has created a need for commercial rearing of snails. Snail farming is one of the most underrated and overlooked forms of agriculture, especially in Nigeria. This is because some folks believe you can just walk into any bush and pick up snails so it cannot yield much income; permit me to say that they are woefully wrong. Understanding snail farming and taking proper steps will make the farmer so much income because there is a ready market of snail consumers.

One of the major advantages of snail farming is that it does not require much capital, meaning it is just perfect for the present economy of the nation.

CLASSES OF SNAILS

The snails consumed in Africa are known as the Giant African Land Snails (GALS) and they are further divided into the following groups:

  • Achatina fulica
  • Archachatina marginata
  • Achatina achatina (the specie most consumed in Nigeria)

Achatina achatina is the most widely spread snail in West Africa, it is found in countries like Nigeria, Ghana, Togo, Sierra Leone, Liberia, etc. It is the most favorable snail as it grows to a very large size, sometimes up to 30cm, though it requires more humidity and it takes a longer time to reach sexual maturity than the other two species.

Also Read: Poultry Farming Business Plan in Nigeria

STARTING UP YOUR SNAIL FARM

Just like any business, there are steps that must be taken and factors that must be considered for the success of the business. Snail farming is not different, I will state below and try to explain as much as possible each requirement. Please note however that this is just a guide and you will require an in-depth feasibility study and proper business plan, just like any business venture, to succeed. Moreso, you will need to visit an experienced farmer to understand practical methods on how to raise your snails, as there are some practical issues that write ups will most likely never cover.

Join me on a journey of the basic requirements in starting your snail farm on a small/medium scale:

CAPITAL: Unlike most agribusinesses, snail farming is not capital intensive, as a matter of fact, it is one of the cheapest agribusinesses to venture into. Do I see a smile on your face? Yes, you are thinking what I am thinking, it is just perfect for a young graduate looking for a way to make income. The money needed is basically proportional to how large you desire the farm to be. So if you do not have so much to start, you can use the little capital you have to set up and gradually grow the business with patience and diligence to your dream business.

SITING THE FARM: A major advantage of snail farming is that they are environment friendly, they hardly pollute the environment with their waste plus they do not produce any noise. This means they can be raised in a residential area, the backyard of the farmer, or any other place the farmer finds conducive for him. Even though the farm can be sited anywhere, some guidelines still need to be followed in siting the farm, some of them include:

  • Suitable climate: Climatic factors such as temperature, humidity, wind speed and direction all affect optimal growth in snails. Snails thrive in areas with moderate temperature and high humidity; with very high temperatures they go into aestivation and the hibernate when the temperature is too low. Low humidity and high wind speed make the snails dry up fast, leading to dormancy. The farm is best situated in an area protected from high winds and dryness, with stable/not frequently fluctuating temperatures.
  • Pest/predator free: The farm should also be in a place free from predators and pests that can be of harm to the snails. There are several animals on this list such as rats, field mice, frogs, snakes, crows, lizards, millipedes, centipedes, etc.
  • Soil requirements: The soil is the major habitat of the snail, in fact, the soil is to snail what water is to fish. This is because one of the major constituents of the snails’ shell, calcium, is gotten from the soil. The snail also satisfies its water need from the soil, as well as lays eggs in the soil. The soil needed for raising snails should be moist, loose, with high organic, calcium and magnesium content

All these must be considered as they are paramount to the survival of the snail and the thriving of the farm. The farmer should also make economic decisions such as distance from market, transportation, etc. in making a decision on what location best suites his snail farm.

HOUSING SYSTEMS: Just as in any other branch of livestock farming, there are several housing systems that the farmer can choose from to house his snails, depending on what kind of farming the farmer wants to indulge in and how much capital the farmer has. Broadly, there are three kinds of housing systems:

  • Extensive system: This involves outdoor pens with free range grazing.
  • Semi intensive system: In this form, the eggs are laid and left to hatch in a controlled environment for 6-8 weeks, after which the snails are released into the open field/free range.
  • Intensive system: This kind involve closed systems or controlled environments. Several examples of this include car tires, hutch boxes, trench pens, greenhouses, plastic tunnel houses, etc. In this housing system, the farmer basically provides the feeding needs of the snails.

In setting up a housing system for the snails, some guidelines must be followed to avoid unnecessary eventualities on the farm, some of them are stated below:

  • The place should be spacious to accommodate their growth needs. One of the major problems snails suffer from is overcrowding which could lead to high risk of diseases and hindrance to optimal growth.
  • The place must be escape-proof as snails are master escapists. Within a seemingly short time, if proper measures are not taken, the snails could escape their pens and spread all over.
  • The place should be easily accessible, flexible to work with, easy to place feeds and water and also easy to clean.
  • The place should be predator-proof. As stated earlier, several predators attack snails and could cause damage to the farm. It is expedient that the farmer takes measures to protect the farm against such to avoid unnecessary losses.

It highly recommended for small/medium scale farmers to use old tires, drums or tanks to house their snails. It is also important to note that the floor of the pen should be loose, natural soil and not cement.

FEEDING YOUR SNAILS: Of note is that snails are vegetarians, meaning they feed basically on plants. The great advantage about their feeding is that they are hardly selective, the will eat anything plant-based such as lettuce leaves, cassava leaves, cassava tubers, pawpaw leaves, okra leaves, kola leaves, cucumber, banana, cocoyam, potatoes, etc. Household feed wastes are also recommended such as leftover rice, beans, yams, etc. But note that whatever is served as feed to the snails must not contain salt. Young snails however prefer tender leaves, and they usually consume twice the amount of feed the mature snails consume. On the other hand, mature snails prefer fallen leaves and rotten fruit.

To save cost, instead of buying fresh fruits, you can visit the market places and collect rejected food items from vendors or waste dumps. In doing this however, do not collect rotting food materials as they are breeding ground for bacteria harmful to the snails. In the case that the soil is not rich in calcium and magnesium contents, supplements should be used as these minerals among others are required by the snail for optimal growth and performance.

SELECTING BREED STOCK: Snails are hermaphrodites, meaning they possess both male and female reproductive organs. So you really do not have to worry about which sex to buy. They all lay eggs after mating on their own. The best time to get breeding stock is the beginning of the wet season, this is because snails start to breed at this time. It is best to pick snails that sexually mature, about 100-130grams in weight with strong shells as breeding stock.

Breeding stock should be selected based on the following criteria:

  • Fecunditye. the expected number of eggs the snail can lay. This is gotten from data of previous seasons.
  • Hatchability which refers to percentage of eggs likely to hatch from the total number of eggs laid.
  • Establishment rate which is the percentage number of snails likely to survive after hatching.

With the above data, the farmer is assured of bountiful harvest from his snail farm.

TOOLS AND EQUIPMENT REQUIRED: There are several tools required for use on a snail farm. The first set of tools are the customary gardening tools such as hoes, cutlasses, rakes, brooms, etc. However, other tools are required on the farm some of which are listed below:

  • Measuring tapes
  • Weighing scale for weighing snails
  • Watering can for keeping the soil moist.
  • Hand trowels for loosening the soil.
  • Notebook for keeping records.

FARM MANAGEMENT: To keep the farm thriving, several measures must be taken on a daily basis:

  • Timely feeding: The snails should be feed after sunset as this is the time they are most active. The food should not contain rotten materials or mold as well as not be stale. All leftovers should be removed the next morning to avoid breeding of bacteria.
  • House maintenance: The pens must be cleaned frequently; the wire meshes must also be checked for breakage. All breakages should be duly repaired to avoid pest and predator attacks or escaping of the snails.
  • Soil maintenance: The soil in the pen must be kept moist and loose at all times. It should be changed within a three-month interval and fresh poultry dropping should never be added to it. Humus can be added to the soil from time to time to enrich it with nutrients needed by the snails for optimal growth.
  • Records: Proper records should be kept on a daily basis as these records will be referred to during the breeding period.

HEALTH BENEFITS OF SNAIL CONSUMPTION

As our population becomes more and more aware and interested in healthy living, snail meat has become one of the choicest foods in this part of the world. The reason being that snail meat is very high in protein content and low in fat and cholesterol content when compared to other sources of animal protein like beef and pork. Snails also contain most of the essential amino acids needed by the human body and their by-products are also very useful in the curing of several diseases. Snail meat is high in magnesium, choline, selenium and omega-3 fatty acids.

Farming

BY-PRODUCTS OF SNAILS

Every part of the snails’ body including its shell has economic importance.

  • The shell can be used as ornaments, beads or decorations. It can also be used in traditional medicine.
  • The snail slime, a mucous-like liquid secreted from the snail can be used in treating burns, cosmetics and tradomedical care.

ADVANTAGES OF SNAIL FARMING

The following are the advantages of snail farming:

  • They are environment friendly. Asides the fact that they do not cause pollution, they also help fertilize with their waste materials as well as help to loosen the soil.
  • They are not capital or labor intensive.
  • The meat is a source of protein.
  • The by-products can be used for several purposes.

DISADVANTAGES OF SNAIL FARMING

The following are the disadvantages of snail farming:

Farming
  • They are very choosy climate wise.
  • They have a very slow growth rate.
  • They are susceptible to pest and predator action.
  • They can become pests if not properly managed.

PROFITABILITY OF THE BUSINESS

As stated earlier, snail meat is gradually becoming a household name in this part of the world majorly because of its nutritional value and its palatability. Several delicacies can be prepared from snail meat thus making it widely acceptable. Another economic advantage to the farmer is that the snails have an off season, if he takes advantage of this, he gets to make more profit in the dry season.

Snail Farming Business Plan Free Template

Several businesses patronize the snail farmer, some of them include market women, restaurants, bars, hotels, families, etc. The farmer can take advantage of this to gain substantial profit even though the growth rate of the snail is quite slow, about 10 months to a year.

Ultimately, the snail business requires patience and diligence, but with time, especially once the first set of snails reach maturity, the farmer begins to enjoy great dividends.

To Get Your Snail Farming Business Plan In Nigeria, Pay N10,000 To:

Bank Name: Guaranty Trust Bank (GTB)

Account Name: Chibuzor Tochi Onyemenam

Account Number: 0044056891

Or

Bank Name: First Bank Plc

Account Name: Chibuzor Tochi Onyemenam

Snail Farming Business Plan Free Download Pdf

Account Number: 3066880122

After payment, send the following details to 07033378184

  • Your Name
  • Amount Paid
  • The Business plan you paid for (snail farming business plan)
  • Your Email Address

We will send your complete snail farming business plan in Nigeria /feasibility study to your email within 15 minutes after payment.

For Inquiries call – 07033378184

Snail Farming Business Plan in Nigeria © www.businessplan.com.ng

In analyzing your Snail Farming Business you must be able to test it to determine it's likelihood of success. All of your ideas must have a demonstrated need, ready market, and the ability to provide a solid return on investment.
  • Is the idea feasible in the marketplace?
  • Is there demand?
  • Can it be done?
  • Are you able to pull together the persons and resources to pull it off before the window of opportunity closes?

Your Snail Farming Business must start with the customer and the market in mind.

And then ask these simple questions
  1. What is the need you fill or problem you solve?
  2. Who are you selling to?
  3. How will you make money?
  4. How will you differentiate your company from what is already out there?
  5. How many competitors do you have and what do they offer that you do not?
  6. How fast is the market growing or shrinking and why?
  7. How much would it cost to get started? (Start-up Costs)
  8. Do you plan to use debt capital or raise investment? If so, how much and what type?
  9. How do you plan your Snail Farming Business will end?
  10. If you take on investment, how much money do you think your investors will get back in return? And when?

Answer these questions and you have your Snail Farming Business Plan.

Executive Summary

The Executive Summary must capture the essence of your proposed Snail Farming Business. Try to keep the summary as brief as possible. Whether you are preparing this proposal for a venture capitalist, banker, or your boss, it is imperative that your summary be of the highest quality. These individuals may be flooded with requests for assistance.
Since the summary is a distillation of your plan, you might want to complete this section after you complete the rest of your Snail Farming Business Plan. Or write the summary first, then create the Snail Farming Business Plan and then go back to the summary, improve it and insure its consistency with the rest of your plan.
Since your objective is to lure the reader to want more information, your summary should have the following elements:
  • It should be concise - you have one or two minutes to tell someone about your business.
  • It should be exciting
  • It should communicate how your business concept is unique
No matter how long you spent developing and honing your business plan, the reader of the plan will only spend five minutes reading it! It’s important to make those five minutes work to your favor. You may have the most meticulous and well-crafted business plan imaginable - in the end, however, the best plan is the one that entices the reader.
Surprisingly, many Snail Farming Business plans neglect to include their formal name, address and principal contact. Please ensure that you leave a number that is attended. If the business plan recipient can’t reach you in one or two attempts, they will move on to the next proposal. Make sure this information is on your proposal - there is a prominent location on the front cover to put this information. Feel free to repeat the information in the Executive Summary.
If you cannot explain your Snail Farming Business in a few sentences then you need a Snail Farming Business Plan!

Type of Business

This section answers the question - What business am I in - a non-trivial question. Deciding what business you are in is probably the most important decision you will have to make. Indicate whether the business is a start-up or an existing business.

Company or Business Summary

Here, you can briefly describe the history of the company. Is this a startup? An expansion of an existing business? A division of a larger business that is launching a new product or service? Is the business a sole proprietorship, partnership, or corporation? If your business is a going concern, briefly describe the company’s historical performance. If the company is introducing a new web site or if the web site is a critical component of the Snail Farming Business then briefly describe the web site and any significant future plans for that site.

Financial Objectives

Clearly state the sales and profitability objectives and the underlying ways that you will meet these objectives. Perhaps a chart from the Business Plan Excel workbook would visually describe your goals. It is within this section that you can summarize sales and profitability objectives for the five year planning period. Financial goals could be cash flow related, described by financial ratios, by growth rates of sales, assets, cash flow, and profits, or by cost and expense relationships.

Management Overview

Perhaps the biggest keys to success of any Snail Farming Business are the people who run it. Be sure to summarize the expertise of the management in this particular business. Since poor management is a key contributor to business failure, describe why the cards are stacked in your favor.

Products and Services

Describe the product or service you are offering and clearly state why the product is unique. If the product is not unique, be sure to explain why it will succeed over existing products.
Name of Your Products - Here you can briefly describe the primary characteristics of this product.

Funds Requested (optional)

If you are writing this proposal to an audience from which you are requesting funds, be specific in your request. Select a number and explain why that amount is needed. Also state whether the money you are raising is in the form of equity or debt. When you send the proposal to organizations, you can save valuable time by understanding which types of investments they make. Some investment companies do not make any equity investments while others specialize in this investment.
If you are seeking debt financing, be prepared to discuss whether collateral is available. If you are seeking an equity investment, be prepared to discuss the percentage ownership position.
Here are some additional questions to consider when writing this section:
  • What is the total amount of funds needed by your Snail Farming Business? Is it needed immediately or over the next two to five years?
  • What part of this financing is being sought from the investors or lending institution that will receive this business plan (including the amount, terms, and any related security agreement)?
  • For equity financing, what percentage of the company are you willing to give up and what is the proposed return on investment and anticipated method of taking out the investor (e.g., buy-back, public offering, sale)?
  • For debt financing, what is your company’s proposed interest rate and repayment schedule?

Use of proceeds (optional)

Be as specific as possible on how the proceeds will be spent. Include a chart or table to describe this if you wish.

Exit (optional)

If you are requesting funds to grow your Snail Farming Business, your investor will want to understand how you are planning your exit strategy. Most investors want to realize a gain over a medium term horizon. Don’t underestimate the time it will take to either take the company public or sell the business. Most investors should be willing to wait for a three-year period before their investment can be realized.

Company Background

The first part of any Snail Farming Business Plan should clearly define the Identification of Market Opportunity. Be prepared to discuss the rate that the market is growing and the demand for the product or service that you are offering.

Business History

Give a brief history of the company’s business to date, when your product or service was introduced, and the key milestones that you have met. Be sure to keep this section brief, since your investor is primarily concerned about the future, not the past. Some of the information you might include in this section could be:
  • The firm’s date of origin.
  • The names of the founders.
  • A summary of the major milestones achieved or the stages of the life cycle through which the firm may have passed.
  • The major episodes or stages of development in the firm’s past.
  • brief description of any significant changes the business has undergone or challenges that the company has faced up to.
  • Other developmental indicators such as sales levels, net worth, market share, assets, and company valuation.
  • Company mission statement.
  • Growth and Financial Objectives
The objectives in your Snail Farming Business Plan can begin with a short list of what you hope to achieve in the next year or so and those significant goals that you would like to achieve in later planning periods. Objectives will vary according to your mission statement and where your company is in the life cycle. For example, a start-up company might want to set a short-term objective of profitability (to be profitable by year-end) or may take a longer-term view and simply look to build a competitive Snail Farming Business model by the end of year one.
State your growth and financial objectives as clearly as possible. You can start with the sales chart for the five-year period and follow that up with the sales table broken down by product line. Then you might want to explain how you plan to keep certain financial metrics and use the Financial Highlights table to clearly portray your goals.

Snail Farming Business Plan Free Examples

Follow this up with the sales table broken down by product line.
Then you might want to explain how you plan to keep certain financial metrics and use the Financial Highlights table to clearly portray your goals.

Snail Farming Business Plan Free Software

Legal Structure and Ownership

Describe how the company is legally organized. This is a decision that is best made in the early stages of the company. The decision to establish your company as a sole proprietorship, a partnership or a corporation that will issue stock is an important one. You may want to consult with an attorney and/or accountant before doing this.

Company Location and Facilities

State where the company conducts its business and what real estate the company owns or leases. Be sure to address the issues regarding your future space requirements and how this might determine your need to expand or move.
Name and/or address of your facility - Here you can briefly describe the facility and location.

Plans for Financing the Snail Farming Business

Investors prefer to see a defined financing proposal which shows the capital needs of the venture and the proposed equity or debt agreement. The financing proposal may refer to the Start-Up Costs that are attached in the appendix if it is a start-up. If the company is a start-up, or an ongoing concern, be sure to detail the use of the proceeds from the financing. What collateral or personal guarantees will be offered for an equity or debt investment?

Financial Plan and Analysis

  • Start-Up Costs - Briefly describe the numbers in the report and on the chart.
  • Financial Highlights - discuss the numbers that might draw attention.
  • 5-Year Income Statement - Describe these numbers.
  • 5-Year Balance Sheet - Point out any key issues from this.
  • Break-Even Analysis - Use the Break-Even analysis to compare your projected monthly sales with the break-even point.
If you plan to succeed then you must complete your Snail Farming Business Plan