Executive Summary
AgroBusiness Farm started out as a snail trading company in Lagos, Nigeria and had difficulty in finding rich and healthy snails with a balance of quality and affordability to supply to our numerous customers except in remote villages. We decided to sell other company’s snails without getting the fulfillment we desired, until there was a need to create our own brand. This led to our CEO coming up with this new idea of locating a farm in Lagos to provide quality snails to various customers in Lagos. The company’s goal is to bridge the gap between the demand for rich and healthy snails and the supply. Although the company is new into the business of snail rearing, its trading arm has done over N1.2 Million since it started trading two years ago with a N80,000 personal seed investment. This gives us a little geographical recognition and market presence in Nigeria.
Snail meat has been consumed by humans worldwide since prehistoric times. It is high in protein (12-16%) and iron (45-50 mg/kg), low in fat, and contains almost all the amino acids needed by humans. A recent study has also shown that the glandular substances in edible snail meat cause agglutination of certain bacteria, which could be of value in fighting a variety of ailments, including whooping cough.
Edible snails also play an important role in folk medicine. In Ghana, the bluish liquid obtained from the shell when the meat has been removed is believed to be good for infant development. The high iron content of the meat is considered important in treating anemia. In the past, it was recommended for combating ulcers and asthma. At the Imperial Court in Rome, snail meat was thought to contain aphrodisiac properties and was often served to visiting dignitaries in the late evening.
Heliciculture also known as heliculture which is the process of rearing snails for both human consumption and sales. Snails are very easy to rear. They do not bite, kick, bark, sting or harm and they don’t mess up the environment like other livestock. Snail farming is a business that does not require millions of naira. If land/space like one room size is available. Snails are grown in various parts of Nigeria for various reasons.
Table of Contents
Executive Summary
Objectives
Mission
Keys to Success
Company Summary
Company Ownership
Company History
Chart: Past Performance
Market Analysis Summary
Market Segmentation
Table: Market Analysis
Chart: Market Analysis
Target Market Segment Strategy
Service Business Analysis
Competition and Buying Patterns
Sales Strategy
Sales Forecast
Table: Sales Forecast
Chart: Sales Monthly
Chart: Sales by Year
Strategy and Implementation Summary
Competitive Edge
Marketing Strategy
Web Plan Summary
Website Marketing Strategy
Development Requirements
Management Summary
Personnel Plan
Table: Personnel
Financial Plan
Break even Analysis
Table: Break even Analysis
Chart: Break even Analysis
Frequently Asked Questions About Fashion Business
How Much Does it Cost to Start a Snail Farm
The cost of starting a snail farm will depend on how big or small you are starting. You can start snail farming with a small amount of money and grow from there. Snail farming is not necessarily capital intensive to start.
What are the Challenges of Snail Farming?
Every business has challenges one may need to surmount to succeed. Snail farming is not different. Some prominent challenges to look out for when starting a snail farm include; predators (snails are fragile and may be susceptible to predators like snakes, soldier ants etc), soil type, light intensity, diseases and parasites.
How Many Times Do Snails Lay Eggs in a Year?
Snails can produce up to 6 batches of eggs in one year.
How Many Snails Can I Start My Snail Farm With?
This depends on the scale of snail farming you intend to embark on. However for commercial snail farming you can start with at least 250 snails
How Long Do Snails Live?
Many snail species will live for a year, though there are species that may live for 2 or 3 years. Some larger species in the wild may live up to 10 years.
Resources, A. (2024). Snail Farming Business Plan. Afribary. Retrieved from https://tracking.afribary.com/templates/snail-farming-business-plan
Resources, Africana "Snail Farming Business Plan" Afribary. Afribary, 22 Mar. 2024, https://tracking.afribary.com/templates/snail-farming-business-plan. Accessed 27 Nov. 2024.
Resources, Africana . "Snail Farming Business Plan". Afribary, Afribary, 22 Mar. 2024. Web. 27 Nov. 2024. < https://tracking.afribary.com/templates/snail-farming-business-plan >.
Resources, Africana . "Snail Farming Business Plan" Afribary (2024). Accessed November 27, 2024. https://tracking.afribary.com/templates/snail-farming-business-plan