Swot analysis of poultry farm
Answers
Our Poultry Farm SWOT Analysis will provide you with the comprehensive documentation that you will need in order to determine the strengths, weaknesses, opportunities, and threats that your business will face as your develop or expand your business operations. Our product also includes a full business plan specific for a Poultry Farm. This business plan has been developed in MS Word/Excl and is appropriate for seeking start up or expansion capital from an investor, bank, SBA program, or grant company. The MS Excel and MS Word components can be completely customized for your needs. The business plan also features a completely automated table of contents as well as industry research that is specific for a Poultry Farm.
SWOT ANALYSIS
STRENGTHS
The shared values of the project members with particular reference to teamwork, commitment and perseverance
The strong participative and democratic style of leadership demonstrated by the members of the project
The business management skills of the project members
The managing members of the project are energetic, knowledgeable, creative and enthusiastic
WEAKNESSES
The lack of advanced financial management skills
The lack of a comprehensive understanding of the strategic planning framework
Lack of trained human resource in the field of poultry farming and livestock disease prevention and control
The lack of a comprehensive marketing strategy and plan
The lack of funding to procure equipment and other assets
The low owners contribution as compared to the amount requested from external funders
OPPORTUNITIES
The opportunities in terms of ownership and procurement presented by AgriBEE
The opportunities in terms of skills development by means of training presented by AgrSETA
The Utilisation of Information Technology to enhance the front Office and back office operations as well as key areas such as processing, marketing and distribution
Technologies such as solar energy will be an opportunity for the project as there is potential for a 24.8% increase in electricity prices by Eskom
Access to funding programmes such as Mafisa and the National Empowerment fund
The increasing per capita consumption of eggs
The increasing population of South Africa and double income families will be an opportunity for the business
The reduced interest rates will mean lower costs incurred as a result of borrowed money
Government support of the Poultry Industry as it is one of the industries that is considered to be ‘feeding the nation’
Increased emphasis on women and youth as demonstrated by financial and non-financial support by agencies such as The National Youth Development Agency.
Increased small business support as demonstrated by the increase in small business support forums, Small Enterprise Development agency and many more
The opportunity to supply government institutions such as prisons, collages, departments and other government units will be an opportunity for the business
THREATS
Compliance with various acts and laws such as the Livestock Improvement Act, Occupational Health and Safety Act, Labour Relations Act and the Basic Conditions of Employment Act
The threat from well-established competitors such as Chubby Chicks, Rainbow Chicken and many more
The threat from rising electricity prices. Eskom shall increase electricity prices by at least 24.8%, this is a threat to the project as its operations will be more costly and thus force the project to pass on the additional costs to consumers. This is a threat to the project as it has potential to result in reduced sales and profits
Indirect competition from distant emerging commercial and subsistence farmers and other small players in the industry
The intensity of rivalry amongst players
The threat from suppliers – in the case of feed, there is a threat of rising feed costs
The threat from substitutes or alternative protein rich food
The threat from changes in customer preferences as well as the fact that eggs are generic products that customers can buy from other food stores