Estimated income and expenditure can be found as the cost varies with the region and socio-economic background of the farmers or entrepreneurs. It is advised to invest your own money without taking any kind of loan.
The project should include the following information on technical, financial and managerial aspects in detail based on type of unit and capacity.
a. Nearness of the selected area to veterinary centres and wool collection centre and the financing bank's branch b. Availability of good quality animals in nearby livestock markets c. Source of training facilities. d. Availability of good grazing ground / lands. e. Availability of green/dry fodder, concentrate feed, medicines etc. f. Availability of veterinary aid and marketing facilities near the scheme area.
a. Unit Cost - The average cost of Sheep unit. b. Input cost for feed and fodder, veterinary aid, insurance, etc. c. Output costs i.e. sale price of animals, penning etc. d. Income-expenditure statement and annual gross surplus. e. Cash flow analysis. f. Repayment schedule i.e. repayment of principal loan amount and interest.
| Detail | A View of the balance sheets |
|---|---|
| A) | Non-recurring expenditure |
| 1. 2. 3. 4. 5. 6. |
Construction of shed (Local materials should be preferred) Storage room and laborer's room Chaff cutter Purchase of goats (male and female). Insurance Land and water facilities |
| B) | Recurring expenditure |
| 1. 2. 3. 4. 5. 6. 7. 8. |
Production of green fodder Dry fodder Concentrate feed/mixed ration (preferably homemade) Veterinary medicines Expenditure of laborers (family members is preferable) Depreciation on shed Depreciation on equipments Interest on loan |
| C) | Income |
| 1. 2. 3. 4. 5. |
Sale of milk (if possible) Manure sale Sale of gunny bags Sale of Bucks Sale of kids |
| Net Profit = Total Income - Recurring Expense |
With the increasing demand for sheep products, they are gaining popularity for their unique flavor, health benefits, and sustainability. Sheep farming has a lower environmental impact than traditional livestock farming, making it a viable option for consumers looking for eco-friendly and sustainable food options.
The demand for sheep products is rising, creating new possibilities for farmers and merchants since sheep products are becoming more popular and have unique health benefits. Sheep milk, cheese and meat (mutton) are sought after by consumers looking for high quality, sustainably sourced and healthy options. Sheep products are also favoured by those with lactose intolerance or sensitivity, providing a wider consumer base.