🔺An example of financial timelines for broiler production with harvest by 6 months
Here is a financial timeline for broiler production with harvest by 6 months:
1. **Initial Investment (Month 0):**
– Land, infrastructure, and equipment costs.
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2. **Chick Purchase (Month 1):**
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3. **Feed and Supplies (Months 1-6):**
– Ongoing expenses for feed, vaccinations, and other necessary supplies during the shorter growth period.
4. **Labor and Utilities (Months 1-6):**
– Costs associated with labor, electricity, water, and other utilities.
5. **Growth Period (Months 1-6):**
– Intensive monitoring and care during the accelerated growth phase.
6. **Harvest (Month 6):**
– Processing the broilers for market earlier than the standard 8-month cycle.
7. **Sales (Month 6):**
– Revenue generated from selling the broilers.
8. **Profit Assessment (Month 6):**
– Calculating overall profit by subtracting total costs from total revenue.
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9. **Reinvestment or Repayment (Month 7):**
– Deciding whether to reinvest profits for the next cycle or repay any loans.
This adjusted timeline allows for a quicker turnover, potentially reducing certain costs and increasing the number of production cycles per year. However, it requires careful management to ensure optimal growth and health of the broilers within the shorter timeframe.
🧩CREATED BY DR JOSEPH DEJI-FOLUTILE
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