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Dog Breeding Business

Minimum Capital Requirement: N150,000

Summary: If your favorite pet is Dog, this offers you a rare privilege to have fun with your favorite pet and yet make enough money to live the life have always wanted.

Introduction: Running a dog breeding business isn't easy. Starting this type of business requires a significant investment of time, effort as well as money; for dogs, licensing and veterinarian care. The business has an already made market and money back guaranteed, depending on how rare the breeds you have are and the class of your target market. Of course “Bingo” will probably make you nothing but peanuts however breeds like Labrador retriever, German shepherd, Bulldog, Golden Retriever, Yorkshire terrier would make you Millionaire within limited time.

Required Resources Assets

A dog breeding facilityBreeding licensing and insuranceTraining and walking

PersonnelAs required

CapitalN150,000 - Startup cost - Money for at least two puppies (Male and Female). Amount required depends on the breed.

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Required Skills You have to love dogs and understand them You have to be very observant Willingness to learn and socialize with other dog breeders (online)

Full description of Operations Business operation

o Get your choice breed of dogs (Male and Female). Choice should be based on rareness, demand in the market and your startup capital.

o Raise the dog, let them breed and sell the puppies.

The rarer the breed the more money you stand to make. Fashion dogs like poodle dogs tend to be more priced but not so much in demand in this part of the world while security dogs like German shepherd are more in demand but not as expensive. Dogs like Rottweiler have restrictions on them but with a valid license they are like money-well.

People go as far as Europe to breed or crossbreed dogs, just to ensure they have the rarest, healthiest, most sort after and colorful breeds. Hence, relating with other dog breeders is very essential, you can also have MOU with them where Semen of dogs can be shipped for you or have cross-breeding exchange based on understanding rather than money.

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Objectiveso Get the best dog breeds, raise, let them breed then sell the puppieso Providing the dog pets to customers at a profitable cost

Possible Limitations and solutionsThe most pronounced limitation is getting the desired breed. Choice breeds are quite expensive ranging from between N30, 000 to N350, 000/puppy. However, with good startup capital you can get the best quality.

Also getting very good veterinary doctor can be difficult but with good relationship with other dog breeders you can surely get good once.

Financial Analysis Cost

o Cost of setting up a breeding facility (Cages, dog walking and feeding)Cages are best metal, the price ranges from N30, 000 to N100,000Dog walking is something you can do yourself and it essential to keep your dogs active and healthy.Feeding: Depending on the breed and the kind of diet they require, dog food starts from N2000. You could also feed them with remnants; you can get this from hotels and fast-food joints from price starts N500 per bucket

o Cost of dog licensing and insurance: In Nigeria, dog licensing and insuring is not yet under-strict enforcing, however, it is legally required. The cost estimation depending on state is between N10,000 and N25,000.

o Cost of breeding and cross breeding: Breeding is essential when it comes to dog business. Dog mate selection, mate location, price of mating etc. all these are essential in the business, however, joining a dog breeding business group makes this a lot easier and cheaper.

RevenueDepending on the breed, you can make as much as N30,000 to N1m/dog. Currently, in Nigeria cost of Alsatian puppies varies from between N20,000 and N40,000 depending on the location while local dogs cost between N2,000 and N5,000/puppy.

Future Forecast Prospects

Dog breeding is a very big business depending on how serious one takes it. It has the potential of growing into a dog breeding firm where you supply different types of dogs on demand for fashion, security and pet purposes.

ConclusionThe returns on breeding business is highly dependent on two factors (1) choice of breed and (2) breeding rate. You can make so much if you work on both, the market is there already and you can make so much.

ReferencesFor Service consultation contact us via mail at Icriticizedotnet@gmail.com or call within hours +234-8056433797

www.businessideasnigeria.com

For consulting service Email: Icriticizedotnet@gmail.com Call: 234-8056433797

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