Establishing a dairy farm in Bangladesh is somewhat difficult as you need to employ big amount of money, labor, etc and manage them efficiently. Moreover there is risk of diseases that you will have to deal with to keep the cattle healthy. So, firstly know what you are about to do, and how you want to start it.
Dairy cattle produce manure, methane, milk, calves, and meat. And by products of cattle include leather for bags, coats, sheaths, shoes etc. So, you have a huge market to sell those cattle and make profit. This post will give a step by step guideline on how to start a dairy farm in BD.
Establishing A Dairy Farm in Bangladesh
Step one: Write a Business Plan
Writing a business plan is a mandatory for any kind of business. So, I recommend you to start writing a business plan. This is actually extremely important for you especially if you are a newbie. Include potential management system, investment, labor and other human resources, places, products, and potential market for your product in your plan.
Step 02: Capital, Machinery, and Other Needs
If you are planning to buy an existing dairy farm, then its other issue. When you buy a running one, it already has everything needed for it. However, if you are planning to start from scratch you need to ensure that you have all the capital such as land, building, machinery (milking devices, milk storing facilities), etc.
You need to ensure if you want to buy foods for your cattle, or you want to produce it? If you want to buy, then how much capital or what kind of facility will need? Is the local bazar near of your farm? However, if you want to produce foods for those, then you will have to purchase some extra land for this.
Make sure the size of the land and buildings match the size of herd you are planning to grow.
Step 03: Finding a Market for Your Product
This is one of the important tasks you should do before starting your farm. Do a research for the potential market. How much mild or meat will it demand in near future? Will you be supplying to individuals? Or it’s a company? If it’s a company, then conduct a calculation to find out associated risks. An example of a potential risk can be price fluctuation.
Step 04: Collect the Cattle
Now do a research on the type of cattle you want to purchase. What are you planning to do? Is it milk producing cattle, or meat producing cattle? What type of breed has high capability of defending diseases? And what are the prices? Will you buy mature cattle, or calves?
A Checklist You Need to Look: you need to
- Collect money, or determine capital needed
- Get a good management body, labor
- Buy land
- Construct buildings
- Create sufficient water supply
- Get a known veterinary
- Have waste management system
- Managing skills
Establishing a dairy farm in Bangladesh is not an easy job. But if you create a proper plan, and follow it step by step then you will be able to establish one easily. This is both a capital and a labor intensive business. So, you will have to have proper managerial skill to conduct this business efficiently.
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